April, 2008 Posts
Weak Dollar and Real Estate Prices
The weak dollar has made importing things more expensive in the US. Almost everything is imported in the US including basic building materials such as steel and cement. These things will put upward pressure on homes. However, the upward pressure on houses will mostly effect new homes that are under construction. Existing homes are less likely to feel this price [...]
Small Investors At Risk When Bottom Fishing
Recently, small investors looking to buy stocks nearing lows often see their investment strategy evaporate by large company takeovers. A recent example of this is Countrywide which has had its stock plummet since the mortage crisis. An investor that believes in buying for the long term may have purchased low but not at the bottom. [...]