When a home owner is forced into foreclosure, the case is presented to a judge for approval. Historically, if uncontested, a foreclosure has quickly led to a judgment in favor of the bank - to evict the owner and confiscate the property. However, in the last few years a growing number of homeowners have been contesting the foreclosures and demanding proof of the note - or ownership of the mortgage - and, in many cases, the note can't be located by the bank. [As such,] the foreclosures are not being approved due to lack of documentation. Words: 719
Read More »Monthly Archives: October 2010
Gold & Silver: Core Investments for Every Portfolio (+2K Views)
[Are you one of the] millions of people who lost money over the past decade in stocks and housing [who] are now buying bonds, annuities, and other fixed deposit credit based investments? [If so you are probably doing so because you] think it is the conservative [thing to do but, in fact, you] are really a [being a] speculator buying an asset far above its intrinsic value with the idea that someone else will pay even more [and such action] is guaranteed to disappoint. [Instead, you should make] alternative investments the core of your portfolio. Words: 834
Read More »Thinking About Retirement? Here Are the World’s 25 Best Places To Do So
International Living magazine released its annual Retirement Index of the best retirement destination in the world in the September 2010 issue. The U.S. reached #15 (up from #22 in 2009). [You will never guess which country was #1!] Words: 495
Read More »Stock Markets Have Major UPSIDE Potential (+2K Views)
The U.S. stock market finished the month of September with its best performance in 71 years, i.e. since September 1939. The Dow Jones Wilshire 5000 index, as a benchmark of the total equity market, has gone up 10% since September 1 and all my analyses indicate that the market could see continued strength until at least sometime after the November elections. Words: 614
Read More »Some Questions (With Answers) About the Future Price of Gold
The gold price has enjoyed an advance of [approx. $100 since the end of September so] we are probably facing some profit taking and correction, right? Not exactly. Words: 693
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