This post originally ran on the blog in 2009, when it seemed recovery was around the corner. Nearly 4 years later, recovery is still slow in coming, particularly in my sector of the economy, but we're seeing positive signs everywhere, including the housing market. I wanted to revisit some of the principles that I published … Continue reading Keeping Your Focus in Economic Recovery
Earlier this week, Housing Wire ran a report that suggested mortgage defaults are not a good predictor of future loan problems.
Last January, we made some bold predictions for how the economy would do in 2010. Here's how well we did in our assessments. What do you think will happen in 2011? Share your thoughts!
Five things to include in a layoff contingency plan, including an emergency budget, income replacement, and a long-term plan. Write yours today!
At any one time, I’m following 2 or 3 television shows. Three hours of weekly TV is plenty, so I try to stick to that limit. Right now, I happen to be watching Top Chef: Just Desserts (just finished with Top Chef: DC), the latest season of Flashpoint, and Discovery’s The Colony. A “Controlled Experiment” … Continue reading What if Your Money Disappeared Tomorrow?
Have you noticed how owning a home is getting a terrible reputation lately? We are a society that loves to challenge the status quo, and thanks to the spectacular collapse of the housing market, the long-time "American Dream" is the new target. "Isn't this the best time to buy a home?," you might ask. "Aren't … Continue reading When Home Ownership Went Downhill
More and more people are electing to pay their credit cards, rather than their mortgages. I analyze the trend and provide some of my own observations.