Wednesday, March 11, 2015

The Explosion in Elderly Workers

Retirement? What retirement?

Some choose not to retire at 65, but others can't because of financial reasons.

Things are changing in America, and outside the tech sector, where government regulations have a difficult time catching up, the changes are not for the better.

Monday, March 9, 2015

U.S. Homeownership Rate Declined Last Year to 64.5 Pct, the Lowest Since 1994

People are scared out of their wits about buying a house now. As can be seen from the chart, they weren't when prices were soaring and interest rates were much higher.

I am generally not a fan of buying a house for investment purposes, but given current prices and the very low mortgage rates, I consider it an ideal time to buy (Don't get an adjustable rate mortgage, get a fixed rate--lock in these rates before they climb.)