Refinancing Now Can Be a Boon or a Boondoggle
Refinancing can be a gold mine where you find money — or a mineshaft where you pour your money. It all depends on three factors on a sliding scale — how much you can reduce your interest rate, how much you’ll pay in closing costs and how long you plan to live in the home
Read more via What You Should Know Before You Refinance Your Mortgage – ABC News.
Looking to Save Cash? Try Moving to These Places to Get the Most for Your Money
Read more via America’s 15 Best Bargain Cities – ABC News.
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Read more via Electric vehicle company expanding U.S. imprint to Indiana – CNN.com.
Americans everywhere are feeling the recession’s pain – some more than others. Click on the link below to see your state rank
Read more via Where does your state rank? – CNNMoney.com.
Worried about the future? You’re not alone but it doesn’t mean you’re going to have start loading the family up in a truck and go pick grapes in California like John Steinbeck’s Joad family in The Grapes of Wrath. What it does mean, though, is that even in a recession some communities will fare better than others. And it’s not necessarily just the rich ones. What will be most important will be to find communities where the local economy will be relatively unscathed. That means that in the near term people who work in critical fields such as health care and education are likely to enjoy greater job security than those who work in sectors such as financial services or construction. That does not mean these communities will be recession-proof, but it does mean they may be hurt less than others. So where are these communities? Read on to find out.
Read more via The Best Cities for Riding Out a Recession: Where the Jobs Are – BusinessWeek.
Learn the Secrets to Setting Up a Multi-Generation Household
Facing longer life spans and shrunken assets, a growing number of the elderly are living with their children
Read more via What To Do When Mom Moves In – ABC News.
Even in this economy, some companies are going out of their way to please employees. This year, there’s a new no. 1, as Google slips to no. 4.
WASHINGTON — The financial outlook for Medicare and Social Security has significantly worsened, as the bad economy and mounting job losses have pushed both programs years closer to insolvency, according to a grim report issued Tuesday by the Obama administration.
Read more via Insolvency for Social Security and Medicare Is Seen Closer – NYTimes.com.
Bloated Housing Prices, Lofty Living Costs and High Unemployment Rates Make These Cities the Most Overpriced in the U.S.
Read more via The Most Overpriced Cities in America – ABC News.
Thanks to a reader for sending the link of the article below. Click on the link at the bottom of this post to read the entire story.
Any economist fixated on so-called “signs of a recovery” needs to have his head examined.
As I’ll prove to you in a moment, the hard-nosed reality is that five major economic cyclones are in progress at this very moment.
The storms are not abating. Nor are they changing direction. Quite the contrary, what you see today is, at best, merely a deceptive calm before the next, even larger tempests.
For investors who follow Wall Street, it could be fatal.
For contrarian investors, however, this insanity opens up some of the greatest opportunities in many years: Precisely when we see plunging barometers all around us, we also have a new surge of hype on Wall Street, driving stock prices higher.
Result: The rally has lowered the cost of contrary investments precisely when their prospects are best. Consider the five storms, and you’ll see exactly what I mean …
Read more via Five Economic Storms Raging NOW! | Money and Markets: Free Investment Email Newsletter.
