One thing is for sure, they are not selling loans anymore.
The lending institutions are in trouble.
The lenders have loaned way too many risky loans and a lot of them are in default and the future looks worse, not better.
If the lenders make it tougher for us consumers to get a loan, what will that mean for the loan officer making a living processing loans? If I were a loan officer right now and worked a commission position, I'd be looking for work else where.
Where do we go? That's the big question.
Ok, we missed the Dot com boom and crash of the 90's and y2k.
We missed the stock market boom and crash of the 90's and y2k.
I just looked at the dow today and it is back up to 13,308.
This is another record high.
You know and I know it can only go down from here, so I wouldn't recommend the stock market right now.
What about Oil? Well, I just paid under $3.
00 a gallon yesterday, unfortunately, that's the lowest I've seen it in a while.
Sad, I know! How many jobs are there in oil? I haven't seen monster.
com advertising too many sales jobs for oil.
If you're an investor, I think that is something to look into.
What about the rest of us? This is what I know.
Historically speaking, when the real estate market is declining, more businesses suffer.
People have less equity; therefore, less spending capital.
This takes a toll on the economy in general.
How can we take advantage of slowing market? Well, one thing is for sure, you need to tighten the belt right now.
Don't do anything extravagant and keep spending to a minimum.
As far as income goes, selling products or services that cater to people around the marketing and advertising sector is a wise choice.
In a declining market, people and companies will be spending more money on advertising simply to maintain in this down market.
This means that marketing will be the next major trend over the next 5 years.
The lending institutions are in trouble.
The lenders have loaned way too many risky loans and a lot of them are in default and the future looks worse, not better.
If the lenders make it tougher for us consumers to get a loan, what will that mean for the loan officer making a living processing loans? If I were a loan officer right now and worked a commission position, I'd be looking for work else where.
Where do we go? That's the big question.
Ok, we missed the Dot com boom and crash of the 90's and y2k.
We missed the stock market boom and crash of the 90's and y2k.
I just looked at the dow today and it is back up to 13,308.
This is another record high.
You know and I know it can only go down from here, so I wouldn't recommend the stock market right now.
What about Oil? Well, I just paid under $3.
00 a gallon yesterday, unfortunately, that's the lowest I've seen it in a while.
Sad, I know! How many jobs are there in oil? I haven't seen monster.
com advertising too many sales jobs for oil.
If you're an investor, I think that is something to look into.
What about the rest of us? This is what I know.
Historically speaking, when the real estate market is declining, more businesses suffer.
People have less equity; therefore, less spending capital.
This takes a toll on the economy in general.
How can we take advantage of slowing market? Well, one thing is for sure, you need to tighten the belt right now.
Don't do anything extravagant and keep spending to a minimum.
As far as income goes, selling products or services that cater to people around the marketing and advertising sector is a wise choice.
In a declining market, people and companies will be spending more money on advertising simply to maintain in this down market.
This means that marketing will be the next major trend over the next 5 years.