Home Owner Investor
Foreclosures created a glut of homes on the market and house prices are still depressed in some areas, making it possible to buy a bigger house since an investment dollar goes much further. Mortgage interest rates are also at historical lows and the incentives being offered under the current administration for first time home purchasers can’t be beat. Home ownership is the first major rung of the studied investor. If you’ve been saving for that first home and view it as an investment, now is the time to invest in home ownership.
Financial Markets Recovering
The markets are showing strong signs of recovery thanks to government bail outs of companies like AIG and Citigroup (and almost everyone else), auto industry’s energizing Cash for Clunkers, and the wheels of capitalism. Employment and lost jobs remains high depressingly so in some urban communities however even this index is showing signs of improvement nationally.
As bad as certain sectors of the market got including the bankruptcies of giants General Motors and Chrysler, bank collapses and acquisitions, the housing meltdown, and falling values in stock portfolios, there were still people who made money during this time. Hopefully you were one of them.
If not, perhaps now is the time to know more about money and markets to better position yourself to take advantage of future market changes that favor the ready investor.
Financially Educated You
If you determine that the stock market is the direction you intend to pursue you’ll want to check out the many online sites that offer educational advice and materials. A good article for the beginning investor is Intro to Stock Investing. This is a useful tutorial on how to invest in the stock market. The Motley Fool is a great site for investor advice and wisdom.
|
