Reasons for Optimism
This post by CNNMoney entitled Top Tips: Reasons for Optimism is a nice dose of sunshine in an otherwise dreary news stream. In this article they talk about 3 good reasons to be optimistic.
- Low mortgage rates, which can help those of just considering refinancing as well as those that may be stuck in some of those nasty sub-prime loans.
- Consumer Incentives: Look for deals on larger cars, furniture and electronics as retailers and dealers look to clear out slow moving inventory. Bad news: Compact cars are less likely to have incentives. Good news: We need a LARGE van.
- Now is a good time to buy in the stock market. For those of you with the extra cash, it’s time to go nuts!
These things are good news for us, but I hope that this tumble ends soon.
How do you feel about the economy right now? Do you think we’ve hit the bottom?
