The current Fed policy of low rates, has made ownership look cheap. However, the most important ratio — median annual Income to Housing costs — shows that prices are still high.
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The project, called Google Domestic Trends, allows market watchers to know economic data almost in real-time. The tool has economic categories like automotive, unemployment and real estate.
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"A man is not a whole and complete man," wrote Walt Whitman, "unless he owns a house and the ground it stands on.". To own a home is to be American. To rent is to be something less. Time for a re-think?
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Years before Madoff burst into the scene with his massive Ponzi scheme, Erin Arvedlund wrote an exposé, questioning his investment returns. Madoff responded: "It's a proprietary strategy. I can't go into details".
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America is a country of illiterates - financial illiterates that is. In a 2004 survey, only 18% of baby boomers answered a simple compound interest problem correctly.
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A plane ride just 2.5 hours from Miami, Panama enables the newly poor to swap a wretched retirement in the U.S. for one befitting a royal. Cash out! Emigrate! Feel rich!
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Tokyo is the world's most expensive city, according to Mercer's 2009 Worldwide Cost of Living survey released today. Japan's capital is followed by Osaka and Moscow, which held the top spot in last year's rankings.
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Barron's recently published the latest list of nation's best financial advisers, whose skills are even more valuable in times like this. See the full list here, organized by state.
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Not sure if I would want to group my laundry with others but some of these tips offer ideas on frugal living in this time of financial emergency.
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Did you know that some people prefer to be homeless? I know, sounds crazy right? Some homeless people actually stay in their situations on purpose.
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