Even as building slows, the Fed is pumping purchasing power into housing. Short supply plus increased purchasing power could put upward pressure on prices. Of course, it all hinges on demand … will buyers be willing to take on a mortgage in such an uncertain jobs market? After all, even a zero percent mortgage payment […]
Grim warnings from Powell and the Fed push rates on home loans to new low Read More »
If you’re tired of hearing about the COVID-19 coronavirus crisis … get over it. We’re on the front end of a series of cascading crises that will likely affect every investor on the planet … including YOU. Pretending it’s not happening … or blindly trusting the great and powerful wizards behind the curtains … or pulling the
The next stop in the coronavirus cascading crisis tour … Read More »
Another not-so-subtle clue in the news … Fed chair Powell warns that commerical real estate values could plummet because of crisis … if “financial system strain’s re-emerge”. Notice Powell makes a distinction between the economy and the financial system. Health crisis > Economic Crisis > Financial System Crisis (credit markets and banks). The economy needs
Fed Warns of Significant Hit to Asset Prices If Crisis Grows Read More »
The Fed seems committed to propping up housing with nearly free money. It’s probably a good idea to grab all you can and lock it in long term while you have still have equity. Always nice to borrow cheap and long … to continue reading, click here >>
Mortgage Rates Seen Below 3% With Fed Buying Low-Coupon Bonds Read More »
Personal development guru Tony Robbins reminds people … “Success leaves clues.” The idea is that success isn’t purely a product of blind luck or extreme innate ability. For guys like us, that’s REALLY good news. Success is much more a matter of developing the knowledge and discipline to take aggressive action based on proven patterns and
Crossbreeding billionaire brilliance … Read More »
Just when you thought things couldn’t get any more insane, the price of oil dropped all the way to NEGATIVE $37. Of course, it bounced back to a positive (but still very low) price of about $12. We’re guessing there’s a big opportunity somewhere in all of that … just like if rents crashed temporarily.
Inflation or deflation? That is the question … Read More »
Just when you thought things couldn’t get any more insane, the price of oil dropped all the way to NEGATIVE $37. Of course, it bounced back to a positive (but still very low) price of about $12. We’re guessing there’s a big opportunity somewhere in all of that … just like if rents crashed temporarily.
Inflation or deflation? That is the question … Read More »
(Here’s a 5-minute money read) You probably know the global economy caught a virus and suffered a massive heart attack. Cash stopped flowing, creating a cascade of problems … … including individual cell damage, organizations and systems in danger of failing, and almost certainly … brain damage. So the monetary doctors at the Federal Reserve are infusing
An economy in triage … Read More »
Welcome to Part 2 of our discussion on the root cause of the current coming financial crisis and what you can do to survive and thrive. We got a lot of positive feedback on Part 1 (thanks for that!) and folks have been anxiously waiting for this Part 2. Fair warning: This is a whopper … and
Doing what you can to weather the storm … Read More »
It’s no secret we’re a couple of older dudes who got creamed in 2008. But like the economy, we bounced back. Unlike the financial system, we got the lessons. Read that again and think about it. If you got on board the real estate gravy train after the last crisis, congratulations … and welcome to your first
The root of the real crisis is being exposed … Read More »