US stocks slammed; Dow falls 300-plus points in worst week since 2011
The market finally realizing we can't float on funny money forever?
The market finally realizing we can't float on funny money forever?
US economy has slowed enough to hurt the Chinese. Appears the Kenyans socialist programs and regulations are finally working.
I know of several pretty smart guys who took all their money out of the stock market. Paid off all their debt, and "realigned" where they had their money.
Precious metals?
Yes, like brass and lead.
Precious metals?
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I hope so, we are looking to sell shortly and would be nice to sell high and buy low^^^As of November of last year my wife and I began to have a home built, date for completion is sometime in April. Since we started the price on a new home build similar to ours in that area has risen almost $10K. The've been building in that area for over five years now but most of it has been done within the last year or so and there is still plenty of room for more homes. During a conversation about rates, points, and fees a couple weeks back the builder told me that there will be new regulations/requirements for lenders. If I recall correctly I believe they mostly involved debt to income ratios, long term debt, higher credit scores, etc., with tighter restrictions on the applicant(s). The builder said she fears it will begin to slow down home sales once again in the near future, with fewer people being able to qualify for home loans under the tighter restrictions.^^^
300 points, seriously? Wait until you see a 25% sell off like Japan had last year.
Wait until obamacare kicks in fully. The market is going to be very interesting to say the least
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