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How is Your Vacation Rental Doing?

Prairie Eco-Thrifter

It seemed reasonable to devote a greater portion to real estate, in order to further diversify our portfolio. We planned our purchase in the heady days just prior to the recession of 2008/2009. We remain diversified in our portfolio and the property has regained it’s value from the ‘great recession’ downturn.

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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

Helping the parents teach my grandchildren to save is an ongoing project of mine. Each year I bring them together in my Grandma Rie’s Money Camp and focus on different aspects of personal finance, with saving being a focus in each camp. Trepidation about having the grand-kids open a savings account. Six measly cents.

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Seven Retirement Lessons Learned

Prairie Eco-Thrifter

Then the Great Recession hit so I postponed for a few years. Our alternate income streams include an inherited IRA, real estate rental income and dividends/interest from investments. In 2010, my company was just preparing to do their first round of recession related layoffs. 3 Secrets to Retirement Saving Success.

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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. I’d rather buy stocks at a lower price and sell them at a higher one if I can. It’s hard for me, emotionally to avoid trying to time the market.

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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

Loans often don’t charge origination fees , which’ll save you money at closing. If property values decline abruptly or a recession occurs , the lender could reduce your credit line, freeze it or even demand immediate repayment in full. appeared first on Savings Corner. Why are HELOCs and home equity loans popular now?

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Yakezie Carnival November 13, 2011- November Edition

Prairie Eco-Thrifter

Personal Finance Whiz: Keynesian vs Hayekian Economics – The Solution To Our Recession? Saving Money Today: A Tree Smashed Through My Roof and I’m Lucky – I can’t believe how lucky I feel that a tree fell through my roof and did $9,000 in damage. It can save you time and headache, and maybe even a few bucks too.

November 188
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11 Things I learned After Owning a Vacation Property

Prairie Eco-Thrifter

I also wanted a bit more diversification in our portfolio and figured an additional piece of real estate could help that. Although the operating costs are typically covered entirely each year, the opportunity cost of having all that money tied up in a property (which lost value the year after we bought it due to the recession) is huge.

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