A Few Dollars More

Whether you are a Tinker, Tailor, Soldier or Candlestick Maker, each profession has its own myths and legends. Wall Street is no different. Underneath our pinstripes and silk ties, the financial community is a superstitious lot who have divined the market’s direction by using indicators as diverse as the time of the year, [...]

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If you think you’ve dodged the sub-prime bullet simply because you own your home and are not thinking of selling, think again.  The housing crisis and on-going credit crunch will increase your cost of living, threaten your job, possibly increase your taxes and put a dent in that overseas vacation you were planning.
Take my situation, [...]

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Over the last few weeks, the stock market has become “breaking” news.  The headlines, the talking heads, and even the politicians are solemnly pontificating on what credit tightening, sub prime lending and falling world markets means to you and me.
My take is much simpler and a lot less stressful.  We are having a market correction, [...]

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