Tuesday, March 10, 2009

Home Prices

I know that this video is a little old, two weeks or so, but it isn't really "mainstream media."



I found some additional data from the Standard & Poor's webpage. I believe that this data mirrors the entire U.S. economy. History supports the cyclical behavior of the economy in general, and we have been able to enjoy a large period of prosperous times. Now, it is time to return to earth. From a purely egocentric standpoint, the next few years aren't bad for young people that are ready to invest. As all things having to do with the U.S. economy drop, it seems like a great time to buy and hold.
Posted by John Kane at 7:35 AM

2 comments:

  1. jbkaneMarch 11, 2009 at 2:22 PM

    I like your comments on it being a good time to buy and hold. Just make sure you can REALLY hold. The recovery may be a long time coming. What do you think of the Citibank report of really good earnings for the first 2 mos. of the year?

    ReplyDelete
  2. John KaneMarch 18, 2009 at 9:12 AM

    By "hold," I mean for 30+ years. Stocks have always made money during any 30 year period in history, including investements made before and during the Great Depression.

    ReplyDelete

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