Which way is the stock market headed today?
Its going to sit or drift lower from here. The ripple effects will be felt throughout the economy and people won't be traveling or spending as much. Layoffs will soon follow as well.
When the crisis is over, things will roar back but its anyones guess when that will be.
If you have any investment cash or planning on buying a home, or real estate properties, now would be the time to look. I'm advising people to carefully plan out their strategies. Reason being is that people will be out of work (motivated sellers), Prices will fall (Less demand) and interest rates make it a wise time to take advantage (sorry to say) of other peoples misfortune.
When the crisis is over, things will roar back but its anyones guess when that will be.
If you have any investment cash or planning on buying a home, or real estate properties, now would be the time to look. I'm advising people to carefully plan out their strategies. Reason being is that people will be out of work (motivated sellers), Prices will fall (Less demand) and interest rates make it a wise time to take advantage (sorry to say) of other peoples misfortune.
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Elistan
Money and Investing
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Jan 23, 2008 10:29 AM




