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.
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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.
Apr 02 19:34 pm
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All Comments by reverse mortgage dallas »Some economists worry too much stimulus could trigger a double dip. [View news story]
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.