Comments on: 8 Ways The Economic Crisis Can Be Good For You

By: ffb

ffb — Thu, 05 Mar 2009 18:09:56 +0000

@ SR – See, there’s someone taking advantage of an opportunity!

By: SR

SR — Thu, 05 Mar 2009 15:14:36 +0000

you really have to watch those "special deals" they may sound great at first but looking at them closer you usually see something you really do not like. There are huge opportunities available during a recession. I know a guy who went to all of the Circuit Cities in town and cut a deal with the managers to buy up a lot of their stock at massive discounts. He is now selling all of it on eBay. At a certain point if you are prepared there will be fantastic opportunities in real estate and stocks. you just have to be prepared to take advantage of them.Surviving A Recession’s last blog post..5 Steps To Prepare For A Recession

By: LM

LM — Mon, 26 Jan 2009 06:19:07 +0000

Nice guidelines.. Actually all statement are correct specially “Low Credit Card Rates – Lower credit card rates doesn’t mean you should go on a spending spree! But if you are carrying debt ad making your payments you may be able to negotiate a lower rate with your credit card company. If your rate is already low you still might be able to find a card offering 0% to transfer your balance to. Remember, the point is to shrink your debt not increase it!”

By: ffb

ffb — Mon, 22 Dec 2008 04:14:14 +0000

No doubt the current economic climate is horrible for many! I feel for anyone who is hurting these days. But for some, who are in a good position financially, this period can be full of great opportunities.

By: Polly Poorhouse

Polly Poorhouse — Mon, 22 Dec 2008 03:45:14 +0000

Yeah, it's great for anybody who has no fear of losing a job. Who is in good health with no specter of losing medical insurance. Who is not due to retire in the next 10-15 years. Who doesn't have to sell the house that is now valued less than the mortgage unexpectedly due to a job relocation.Sorry for sounding snarky. Usually I'm quite the contrarian, but these days, I'm a little more sensitive to the plight of those who got caught in the crossfire.On the other hand, I have noticed the interest rate on my home equity loan is WAY down. I guess that's good for me.Polly Poorhouse’s last blog post..Clergy and Town Officials Help Homeowners at Risk

By: ffb

ffb — Mon, 22 Dec 2008 02:52:15 +0000

@ Alberto – Just remember, even though prices are down they can still go down further and there are always risks. (Though I wish I had some extra money to invest too!)

By: Alberto

Alberto — Sat, 20 Dec 2008 16:09:57 +0000

I've actually taken up stocks since I am not invested in it yet. It does seem like the best opportunity to do so, although I wish I had more money to invest...Alberto’s last blog post..Does The US Government Know What’s Best?

By: OA

OA — Wed, 10 Dec 2008 15:18:42 +0000

Thanks for this article – it is nice to see that the credit crunch is actually good for us in some ways!

Love the blog, going to add you to Google Reader!

OneAdvice’s last blog post..Credit Crunch Christmas Cuts Excess

By: Links For Super-Charged Living - December 6, 2008 | My Super-Charged Life

Links For Super-Charged Living - December 6, 2008 | My Super-Charged Life — Sat, 06 Dec 2008 14:02:32 +0000

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By: ffb

ffb — Wed, 03 Dec 2008 14:53:10 +0000

@ Joe – Interesting.