Image by TheTruthAbout… via Flickr In the previous 2 posts we looked at the “damage” from the housing bubble - in terms of the percentage of mortgages underwater. I mentioned that it probably wasn’t the best idea to think about the (sales price) highs of 2007 in terms of forecasting the immediate future of real [...]
Personal finance tips, debt help, ira roth ira, savings interest accounts
 |
 |
 |
 |
Monthly Archives: February 2010
Understanding This Housing Bubble Correction Part 2
Image by thinkpanama via Flickr A couple days ago, I posted Understanding the Housing Correction in an effort to explain my opinion that most people don’t necessarily understand the housing bubble and that housing has entered a long term bear market . This isn’t meant as an insult but rather to show just how conditioned we [...]
Understanding This Housing Bubble and Correction
Image via Wikipedia When we look at the housing bubble and resulting correction, it’s understandable why so many people want to see a turnaround in prices. Most of the time, they want to believe the best case scenario; that is the human nature in all of us. But a lot of the time human [...]
The Secret of Learning How To Save Money
One of the best stories I hear is of the single mom who learns how to save money and in the process, amasses $1,000,000 by the time she retires. What makes these stories even better is when you realize that they did it on a salary that never exceeded $55,000 per year. Here is [...]
A Few More Words on the Importance of Insurance
We have spent the last few weeks talking about the importance of insurance. Insurance is one of the most important but least popular things to talk about when it comes to personal finance. Why? Because we typically only use insurance when we’re sick, after a car accident, something has been stolen from us, or mother [...]
The Wise Buck on Facebook