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How To Invest In Real Estate
During the real estate boom, many investors got caught up in the mania of buying real estate. In 2005, people I knew were going into the real estate industry left and right. Many seemed surprised that I elected not to buy any property. Whenever someone asked me why I didn’t own real estate, I would [...]
Continue reading...Why You Don't Save For Retirement
31. March 2009
How do you envision your future retirement? Some shocking statistics recently caught my eye. The median IRA balance is just $55,000, and the median 401(k) balance is just $15,000. Baby boomers are working longer, since most do not have enough saved to retire comfortably. And, given the statistics, it’s likely you are in the same [...]
Continue reading...Real Estate: Erica Predicts Your News Headlines for 2009
2. September 2008
In August 2006, I predicted U.S. real estate and economy news for 2007. I made some shocking predictions. Perhaps the most interesting prediction I made was comparing Fannie Mae and Freddie Mac to Enron. I thought then, and still do believe, that this will make Enron look like chump change.
Continue reading...When Should You Buy Real Estate — And When Is It Better to Rent?
16. June 2008
Combing through the questions you — my fabulous readers — ask me, I find one common thread. I write a lot of posts on real estate, but you want fewer esoteric graphs and articles and more common-sense advice. Fair enough. By the time you’re done reading this, you’ll have an excellent idea of exactly when [...]
Continue reading...Flashback November 2005: NAR States "Foreclosure Risk Minimal"
14. April 2008
A rather unfortunate incident turned into a source of entertainment for me today… The unfortunate incident was that my old desktop computer, which I set up in 2006 and used pretty much every day since, finally gave up the ghost. Therefore, I spent most of this weekend setting up a new desktop system (a Shuttle [...]
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9. April 2009
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