Will the market recover in 2012?

Is the housing market is slowly recovering?  NAR’s Chief economist, Lawrence Yun, recently predicted a 4% increase in sales in the next year. As well, Celia Chen of Moody’s Analytics estimated home sales to increase perhaps over 20% next year.  

The only major concern yet that might dampen a good recovery, is weakened consumer confidence. Buyer attitudes have seen slightly modest improvements, better than the middle of the year that seemed less certain.  Going into 2012, any changes in buyer confidence will likely affect any continued real estate recovery.

Although prices have been predicted to soften in the first two quarters of 2012, moderate levels of appreciation by year’s end might be seen. But if p

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Tags: Recover, Recover 2012

Thursday, December 29th, 2011 Financial News No Comments

Chicken-Fried Generosity: ‘Tis the Seasoning of Giving

Recently, the Credit Karma content team went out to lunch for chicken and waffles in honor of Bethy’s birthday. My order happened to take 15 minutes longer than everyone else’s, so the chicken and waffle baroness behind the counter gave me an extra piece of chicken and an extra waffle. It was pretty much the best thing that ever happened to me.

We are entering the Season of Giving, which is, coincidentally, the Season of Blogging about Giving.

I haven’t been that excited about gifts for the last several years. In part, it’s because once you’re old enough, you’re socially obligated to reciprocate gifts. Therefore, if you get a great gift, you have to find a gift of equivalent price and awesomeness, lest you be considered cheap, ungrateful or thoughtless. For me now, gifts represent an obligation. There’s not

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Wednesday, December 28th, 2011 Financial Consultant No Comments

The Art of Learning By Josh Waitzkin

Although this is a book by a chess expert, don’t let that fool you. There is some hard hitting advice here that can help you in many different areas of your life. If you are trying to learn more about managing your money and becoming a success, this book is one that definitely deserves a spot on your shelf. It covers, in a nutshell, how we learn and what techniques you can use to start learning more effectively. These same techniques can be carried over to any subject in your life and by following the methods prescribed in this book, you can easily start to achieve anything you put your mind to.

The name of Josh Waitzkin may be familiar to you. His father wrote the book, Searching For Bobby Fisher, and Josh is the chess genius from that book and the resulting movie. As a child, he was able to go up against the best minds in the game, and this book is the story of how he managed to do that. E

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Sunday, December 18th, 2011 Financial Consultant No Comments

Euro, S&P 500 Remain in Sync

Market analysts have noted the correlation between the S&P 500 and euro since the 90s, when a simulated euro was used to predict market movement. That relationship has remained intact since then, but now it appears the correlation is beginning to weaken. Some speculate the breakdown of the 30-day rolling correlation may be because more American investors are keeping their money at home, but whatever the reason it may trigger a response from investors as they try to anticipate market changes in the wake of growing global financial turbulence. For more on this continue reading the following article from TheStreet.

One of the characteristics of the investment climate that we have tracked over the course of the year is the tight relationship between the euro and the S&P 500.

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Tags: 500 Remain, Remain

Friday, December 16th, 2011 Financial News No Comments

The thief behind the counter

You hand your Visa to the waiter to pay for your dinner and he disappears with your credit card. He returns a few minutes later with your bill. You sign the credit card receipt and leave.

You don’t think anything of it until the end of the month when you receive your Visa statement, and you notice a number of charges at stores and restaurants that you know you did not make.

You had no idea that the waiter stole your credit card information in the few minutes it took for him to run the legitimate transaction…and that he then went on a spending spree courtesy of your credit card.

Paying with credit cards is convenient, but it can also raise your risk of credit card fraud if the sales clerk is unscrupulous enough to steal your account number. T

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Thursday, December 15th, 2011 Financial Glossary No Comments