Financial Markets Melt Down
For those who don’t panic and are prepared, there has never been a better time to fortify your financial fortress. Do you actually think for one minute that Barclays isn’t utterly ecstatic about the deal they made on purchasing Lehman Bros! This is the kind of market where fortunes are made or lost. It’s no time to run and hide. If you can keep your head about you while others all around you are losing theirs, you can truly lock in your future!
For sure, “cash is king” - and if you have access to cash, it’s how you are going to negotiate your best deals. If you can GET a mortgage, interest rates are at historic lows - 5-7/8% for 30 year fixed! For those for whom it is appropriate, now is the time to get rid of those adjustable and ”interest only” loans and lock in a fixed rate. It seems certain that interest rates aare going to climb. I’m guessing the window of opportunity on low interest rates closes Nov 4 - although with this week’s news, it may last a little longer.
It’s uncertain whether or not housing prices have yet hit bottom, but it seems fairly certain that we’re hovering there. The only way to know when the bottom is the bottom, of course, is when it no longer is. The only way to actually hit bottom is by just falling into it out of sheer luck. And, unlike stocks, real estate has real, inherent value. You can’t eat your stock certificate, but people will always need a place to live.
The past few months, I’ve been promoting a particularly unique investment opportunity to my clientele. The initial reaction has been “it seems too good to be true” and they back off from jumping onto it. But I have done my research and, like the Barclays purchase of Lehman Bros, this could be an opportunity to lock in your future wealth. Check it out at www.BuyersEquityFund.com and email my friend Marc@BuyersEquityFund.com to get all the info on it.
For those who own their home and want to pay off their mortgage in 1/2 the time, I have been promoting a very conservative mortgage acceleration program (No - this is NOT another MLM scheme) that my friend Neil@EquityExcel.com has available. You can check out the details on THAT program at http://mnack.eqxl101.hop.clickbank.net.
One of my mantras has always been, if you’re not “running with the herd” - if you’re doing the opposite of what everyone else is, you’re probably not too far off the mark.
“All Things With Exuberance!”
mary!
