Many pundits speak about these turbulent times as a recession, depression or somewhere in between. I personally like to view the glass half full and pronounce this time in our economy’s history as an epic correction. Times of unprecedented growth are almost assuredly followed by times of unprecedented ’shrinkage’…you know, markets are cyclical in nature, [...]
There is so much involved with all the ‘economic crisis’ news…trying to analyze, rationalize and otherwise debate it all is something I’ll leave to the pundits and the history books.
Between all the yelling and screaming three points are compelling to me.
1. The FBI is investigating every company that is ripe for or has already received [...]
The Only Function of Economic Forecasting is to Make Astrology Look Respectable.
- John Kenneth Galbraith
I read this quote from my own sidebar and it struck a note…market prognosticators are lucky they’re not judged for accuracy.
This months copy of Business 2.0 magazine features an article to help one navigate the real estate markets pending ‘bounce back’, identifying 10 cities primed for pumping (I’ll disclose them in a minute). What the core of the article is about, is a tried and true investing practice that I’ve mentioned here before, yet [...]