I am sitting here working on my daily agenda. Thinking about my 20% that MUST be done and how much of the 80% I can't fit in.
Well, I have the t.v. on as background noise on CNN - maybe I can subliminally digest some pertinent information. I am sure this is a repeat BUT I know it is from a recent show, as the economy is being discussed.
Suze Orman is the guest speaker giving out her financial advice to people calling in. She made 2 statements that both amazed and shocked me at the same time.
1.) In her usual style she talked about the reserves every family or person should have - she recommends 8 months by the way. Well, she went on to say that if you have reserves in place and are looking for a place to invest your money, she gave a recommendation for Real Estate. YEAH!! She did caution that this may not be the wise move for everybody. If you will be needing the money in the next 5 years than this probably isn't the type of investment for you, but to hold it for 7 or more years you can make some money. She also indicated that a first time buyer is in a great place right now! Interest rates are at a historic low and home prices are at an affordable level.
2.) A real estate agent called in to go over her finances and her recommendation was to leave the business and get a "real" job. Now I agree that real estate isn't for everyone and for purely selfish reasons I am happy that agents are fleeing the business for a job with a weekly paycheck. BUT, if you put in the right kind of time, doing the right types of activities, focusing on your daily lead generation and having clearly defined goals you CAN make it!!
Bobbie Files
Your Bristol and Plymouth County Realtor
Visit my website at www.BerkleyMass.com
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