When Will the Money Markets Collapse? In the wake of US banking turmoil, investors are nervous about where to put their vast amounts of pandemic stimulus money. That risk and volatility has pushed trillions out of banks and into Mega Cap equities and money market funds. Funds in money markets are seemingly more stable with…
Home Equity Lines of Credit (HELOC) We don’t often think of the housing market as a store of usable wealth. Yet, a good portion of the wealth created by people is sunk into this one investment. That means the value is leveraged by the banks when they lend out. They enjoy the profit from having…
Compare Lowest Home Mortgage Rates Mortgage rates are rising fast and could go much higher yet. The chart showing the mortgage rate forecasts is a bit frightening. Any refinancing you need, should likely be done now at 6% instead of 12% in the years ahead. On a $300,000 loan, the extra cost would be expensive….
The Best Reopening Stocks to Buy Although the Delta variant is causing big problems in Florida, Texas, Mississippi, California, New York and other states, the rest of the US is recovering from the Covid pandemic. The economy is about to grow as we finally get to shop, travel and be entertained. The question isn’t whether…
Housing Prices Dropping Nationwide Everyone knows home prices and condo prices are falling right now, but no one is reporting data on the rapid decline. One recent unofficial report was a 10% decline recently, but that’s before the state of emergency. The Corona Virus Pandemic was sudden and it’s beginning to take its toll on…
Toronto is a Mecca for Low Cost High Quality Tech Talent Hidden by the drama of Toronto’s housing market, inappropriate government action, big debt, and International trade threats, something amazing has been happening in Toronto, Canada. Major US tech companies are making plans for locating in Toronto. Microsoft, Uber, Google are among them. The reasons…