article thumbnail

5 Economic Assumptions We (still) Make That Won’t Always Be True

Prairie Eco-Thrifter

Real Estate Will Always Have Value. Ahem… , we all saw real estate fall in 2008, 2009 and 2010 – but do you believe that it is now on the rebound? Some believe that we are in for an even bigger real estate bust in the 2014 – 2016 years. Would we still have had the economic failure?

article thumbnail

Stock Market Sectors: 11 Official GICS Groups

Savings Corner

We categorize stocks into sectors to make it easy to compare companies that have similar business models. Energy sector The energy sector covers companies that do business in the oil and natural gas industry. It doesn’t include many renewable energy companies which instead are considered utilities. The largest U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Buying A House In 2023: A Step-By-Step Guide

Savings Corner

This year may go down in real estate history as the year of correction. Whatever the economic state of the real estate market, buying a house can be an exciting and emotional process. Your bank or credit card company might offer free access to your score or credit report, too. Is location the top priority?

article thumbnail

Life Tips from Dad

Prairie Eco-Thrifter

In the 1940′s he became a radio repair technician, started his own radio repair service company, went to work for an aircraft manufacturer and eventually ended up working on parts of the space program in the 1960s. In his 50′s he studied real estate and the local housing market to find a home to fix up and sell.

Radios 162
article thumbnail

Carnival of Financial Planning – Money Management Edition #231

Prairie Eco-Thrifter

Budgeting and Economics. ” FG presents A Tale of Two Brothers posted at Financial God , saying, “One of my favourite books is ‘Economics in One Lesson’, by Henry Hazlitt. One of those prepaid debit card companies apparently sent him a debit card that he never remembered applying for. Real Estate.

Money 133
article thumbnail

Should You Invest In A Rising Market?

Prairie Eco-Thrifter

We individual investors have all become market skittish since the recent huge recession and economic downturn. I moved my retirement savings from two company plans into an IRA. We also were over allocated in my last employers company stock, and the rising market made it easier for me to meet some selling price objectives.

Economy 187
article thumbnail

Yakezie Carnival November 13, 2011- November Edition

Prairie Eco-Thrifter

Personal Finance Whiz: Keynesian vs Hayekian Economics – The Solution To Our Recession? – Two economic giants square off. They pulled us out of The Great Depression, but do they have any wisdom to offer us in our current economic situation? My University Money: Why Is Leverage Only Ok In Real Estate?

November 188