Nearly a month ago Marketing Sociologist reported, “indicators that the depression has bottomed out and now would be an EXCELLENT time to do your homework and find some worthy investments – I recommend real estate.”
How about these news stories from March 16, 2009? If you follow advice from this marketing sociologist Bedouin, you’ll end up making money. Today’s news:
From the Phoenix Business Journal:
“PHOENIX-AREA MEDIAN HOME PRICES INCREASING SLOWLY
The median new-home sales price in February was $210,000. That figure has been moving slowly upward since August 2008, when the median was about $200,000. Even so, the increase is far below the $242,000 median price recorded in December 2007 for new home closings.”
WASHINGTON – America's recession "probably" will end this year if the government succeeds in bolstering the banking system, Federal Reserve Chairman Ben Bernanke said Sunday in a rare television interview.”
Must be reading the blog about Dow Jones cycles and how we could see an 800% increase in the Dow in the next five years.
Back to my real estate suggestion:
NEW YORK -- Wall Street broke a four-day advance today as a rally in financial stocks fizzled and dragged the market lower.”
AP - The number of new housing projects that builders broke ground on in February rose sharply, defying economists' forecasts for yet another drop in activity.
From San Diego
County home prices move up in February San Diego County's median home price inches up $5,000 in February after falling dramatically in January. Sales volume continues to rise.
Still not the time to get into stocks, but soon. Stick with real estate right now. Remember, in Spanish real means land or property (meanings: Camp - the king's tent, old Spanish coin worth one quarter of a peseta).
Again, the key is doing your research. Anyone have some stories about making money in the past month? I do. Visit mediarelationsexpert.com to email.