Experts Expect Worse Times Ahead
How long worse time ahead we should expect? Market Watch gives this answer in the latest interesting article, “Seven Worries for Wall Street and What’s Next in 2010?” In this state of economy and endless political games, it looks like we’ll still have worse times ahead.
Remember how last year stocks rose and rose out of [...]
JP Morgan Chase Goes Into Commodities Business
Last year JP Morgan Chase bank bought other banks for pennies on a dollar. This year intoxicated by his success JPM jumped into commodities and decided to acquire assets from RBS Sempra for $1.7 billion. Probably JPM executives decided that Home Mortgage business and help to struggling homeowners is less lucrative now and simply boring… [...]
More Knowledge, More Power
Thas is a very interesting video for curious minds who want to get informed about the state of our economy from experts.
The Option Arm Mortgage Leads Borrowers Into a Trap of Desperation
This video was made on November 2007. Watch it and see for yourself how so little changed from that sad beginning of our economy downfall and crush of the real estate market. Watch how a mortgage can turn into a nightmare if it’s the Option Arm, a genius trick invented by creative banks, a trap [...]
Where to Live if You Are Retired and Still Looking for Job?
In this uncertain economy, even retirees with fixed pension don’t feel secure. Many are looking to relocate where they can lower their expenses and have at least part-time job to help them to sustain. Here is the List of so called boomer cities or best cities for retirees.
1. Charlottesville, Virginia, a small college town along the foothills [...]
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