With the current difficult financial environment, my friend is already searching ways to minimize his costs, including searching for a cheaper auto insurance quotes, among others. He is still wondering what to do with his huge mortgage, hehehe.
Good news is: Obama is taking charge and the DOW got its respite: stocks finished higher by 6.5 percent. Citigroup got saved, I hope.
What we have to remember though is that financial shares are still down 61 percent for the year, and the S and P is still off 42 percent. However, will it reach the lows I predicted in my earlier post?
That remains to be seen, but to be cautious, I guess, many are still staying in the side lines.
Good news is: Obama is taking charge and the DOW got its respite: stocks finished higher by 6.5 percent. Citigroup got saved, I hope.
What we have to remember though is that financial shares are still down 61 percent for the year, and the S and P is still off 42 percent. However, will it reach the lows I predicted in my earlier post?
That remains to be seen, but to be cautious, I guess, many are still staying in the side lines.