I don't watch a lot of television but really do enjoy the finance and business specialty news shows. It is truly amazing to me how different the views are these days among the numerous commentators and guests who appear on these shows really are. Some still say to invest in safe and proven mutual funds. Some say look at Gold. Some say diversify on individual stocks, some say buy safe tax free municipal bond funds. Some say put your money in CD's and money markets. Basicaly it has become like a crap shoot to me trying to decide what to do.
And what I don't get is ..... with all the volatility in the world stock markets and banking industry, is why don't those investors with hard cash come out more than they have been, and start making a bigger go at real estate. Are they waiting for a particular reason? Or are they just thinking that perhaps real estate will decline more and offer even better opportunities to pick up a bargain? Unfortunately about the only sector of the economy many investors trust anymore is the inside of a mattress! Or are they just afraid to risk their cash at all?
Another really good way I have found to see how the local economy is doing is to just go on an observation shopping trip. Go to several stores and just see for yourself what the retail business is really like. I seem to have observed a definite decline in the number of retail shoppers lately. I hope this is just temporary!
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