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  • Some economists worry too much stimulus could trigger a double dip.  [View news story]
    When you look at it, aren't we always at a turning point. The world, and certainly the economy is always evolving, reacting, twisting and turning. A stimulus package will certainly ignite a fuse, but whether it gets hot enough to really spread, only time will tell.

    I think what I've learned after this entire mess is to be well diversified. That's certainly not an original thought, but it is an original direction for me to take.

    I was speaking with one senior the other day, discussing of course a reverse mortgage, and they were speaking of using some of the equity in their home for multiple purposes.

    Vacation, helping family and friends, but the one I don't hear very often, but did on that phone call, was investing. They realized that even with a reverse mortgage, at some point in time (should they live long enough) while they might not face foreclousure, they would still have to face inflation. That was one smart senior.
    Apr 02 19:34 pm |Rating: 0 0
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