Financial news

[cjsmith]

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.

Comments

[quasigeostrophy.livejournal.com]

Try selling your house.

[cjsmith.livejournal.com]

That's coming right up, believe me.

[quasigeostrophy.livejournal.com]

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.

[cjsmith.livejournal.com]

Absolutely. On the other hand, for a buyer who's financially stable, it's a good time to pick something up.

[rfrench.livejournal.com]

I think I would still wait a year or two.

[cjsmith.livejournal.com]

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.

[rfrench.livejournal.com]

For real estate. I have no idea what stocks are going to do. The volatility is way too high right now.