cjsmith: (quicken)
cjsmith ([personal profile] cjsmith) wrote2008-09-29 05:57 pm

Financial news

Wow, this was a bad time to ditch a secure comfortable income, huh?

I'm not frantic, as I know I can weather a short- to medium-term financial storm, but I continue to be impressed with my lifelong knack for pessimal timing.

[identity profile] cjsmith.livejournal.com 2008-09-30 01:32 am (UTC)(link)
That's coming right up, believe me.

[identity profile] quasigeostrophy.livejournal.com 2008-09-30 01:40 am (UTC)(link)
We're still getting regular traffic to at least one or two showings per week, but the perception of the market has to have suppressed buyer interest in general.

[identity profile] cjsmith.livejournal.com 2008-09-30 02:15 am (UTC)(link)
Absolutely. On the other hand, for a buyer who's financially stable, it's a good time to pick something up.

[identity profile] rfrench.livejournal.com 2008-09-30 02:47 am (UTC)(link)
I think I would still wait a year or two.

[identity profile] cjsmith.livejournal.com 2008-09-30 03:15 am (UTC)(link)
Waiting is also good. Would you wait a year or two for real estate or for stocks, or both? I might not wait that long on stocks, depending what they were.

[identity profile] rfrench.livejournal.com 2008-09-30 03:30 am (UTC)(link)
For real estate. I have no idea what stocks are going to do. The volatility is way too high right now.