Search:
Bill Byrnes's Articles in Personal Finance
Show All
|
Display Category
|
Title
|
Newest
|
Oldest
2008 Economic and Investment Outlook
The decline in the value of existing homes is what will cause the 2008 recession and cause it to be the most severe recession since the early 1980s (although not all that bad by historical standards). The bulk of the average American's savings is in their home and their net worth is decreasing.
Danger: Recession Ahead Proceed with Caution
Housing, and related, jobs account for 10% of our total employment. Single family housing starts fell 7.3% in October and permits dropped 6.6%, to the lowest levels in 15 years. (You can see the ripple effect on the earnings of Home Depot and Lowes.)
Making Exchange Traded Funds (ETFs) Work for You
Exchange traded funds are index funds which have advantages over open-end index mutual funds. ETFs trade all day long on the stock exchanges, may be purchased through any broker, have lower fund expenses than mutual funds, and have less likelihood of generating unwanted taxable gains than mutual funds.
Investing In Energy Funds
China, India and the other new economies also consume more energy each year. Political instability in Nigeria, Iran, and Venezuela could limit supply. And, there's only so much oil (natural gas and coal) in the ground. I'm not suggesting we'll run out but it will become more expensive to extract it.
Indexing for Passive Aggressive Investors
Since their beginning, index funds have expanded their breath. You can find a fund which tracks any of the major indices and most industry sectors, such as health care and technology. The first cousin of index funds, Exchange Traded Funds (ETFs), do the same thing-they track indices.
Recession Investing And The Housing Market
Housing market problems are not limited to new home sales. The value of your home and the market for sales of existing homes is falling. By how much and for how long is the big question.
Mr. Greenspan's Investments
In 2030, Mr. Greenspan forecasts the real U.S. GDP will be 75% greater than today. That may sound like a big number but it's only 2.5% annual compound growth, well within historical norms.
The Economic Crises of 2008
Given the run up in housing prices, a 10% correction is not out of the question but it could put the economy into a tailspin. Why? Homeowners have been taking out the increase in the value of their homes through home equity loans and/or refinancing with higher principal balances.
Sign Up
for a free account or
learn more
.
Submit Articles
Member Login
Top Authors
Submission Guidelines
Ezine Notifications
Article RSS Feeds
New Stuff
About Us
Link to Us
Contact Us
Privacy Policy
Terms of Service
Must See These
Article Manual
Finance Manual
Health Manual
Web Directory
