Archive for category recession
US Economic Recession History
The old saying “History doesn’t always repeat itself, but often rhymes”, is based more on fact than fiction. By studying the US Economic Recession History, you should better understand how current recessions may affect your financial life today.
I focus on recessions simply because they have a dramatic effect on 401k balances and investments in general. During the last recession, which was officially from March of 2001 through November 2001, the major market indexes plummeted. The Nasdaq Index declined over 70% from it’s high within a year surrounding the recession. This index still hasn’t recovered. It is still only half of where it once was.
Could you have avoided this downfall by studying the US Economic Recession History? Maybe, but maybe not. Let’s look at the problem. The National Bureau of Economic Research (NBER) is the official agency that determines when recessions begin and end in history. Since recessions have such a detrimental effect on our investments, wouldn’t it be nice if they would notify us when one is beginning? Yes it would, but they don’t. The Nasdaq Index lost over 43% from its high before the NBER determined we were in our last recession. It took them 9 months after the beginning of the recession to announce it had begun. Is this a fluke? Unfortunately not. The official notification of the beginning of the last 4 recessions came an average of 228 days after they had already begun. This is an 8 month delay.
The way numbers work, if you lose 50% of your portfolio, you must earn 100% just to break even. If you had $100,000 and lost 50% ($50,000), you are left with $50,000. You must double this (100%) in order to break even. This is why it seems to be twice as hard to regain money after losing it. It took the Dow Industrial Index and S&P 500 Index around 6 years to get back to even after the last recession.
Let’s pretend you’ve lost 43% of your portfolio and are determined NOT to lose any more. You sell your stock funds and put your account into the safety of the money market. Your account is now safe for the rest of the recession. Will knowing the US Economic Recession History help you determine when the recession is over? Once the recession is over, you definitely want to move back into stocks so that you don’t miss the next increase in the market. After all, you need to make almost 100% just to break even!
NBER announced the last recession was over on July 17, 2003. Unfortunately they announced it was over in November of 2001! Yes they didn’t determine the last recession was over until nearly 2 years later. Had you had your investments strapped down for the winter winds of recession, you could have missed the excellent recovery period that typically follow recessions. The end of the last 4 recessions were officially announced an average of 522 days (17 months) after they were over.
Studying the US Economic Recession History may be helpful for some, but I don’t find it very helpful in managing investment portfolios. I find that tracking Supply vs. Demand in the investment markets is a much better way to protect assets. When supply begins to outweigh demand, simply change the portfolio to a more conservative stance. This usually happens near the beginning of recessions and you have plenty of time to switch your portfolio to safety. The opposite occurs near the end of recessions. Demand shows back up and you begin to change the portfolio to one of moderate risk.
The upside to recessions is the fact that periods of expansion last about 5 times longer than recessionary periods. There were 10 Recessionary cycles since 1945. The recession side of these cycles lasted on average 10 months. The expansion side lasted on average 57 months. If you can protect your money during the 10 recessionary months you won’t have to spend a lot of the expansion months trying to get back to even. You can instead be exploring new highs for the portfolio.
Quick Property Sale
Quick House Sale : Prompt Solution for House Selling Needs
One of official surveys in UK state that the house sales in UK has increased by 10%-12%. Though the figure is inconstant every year, yet the tremendous growth in the figure of quick house sale is very obvious. This facility of selling house enables you to sell your house quickly, and that too at a good price. Little matters which location you are residing in UK, you will find number of offices giving you this facility. They do not only buy your house in as little time you wish, but also they give you good price of your home.
For many it is not always possible to sell the house where they are living for decades, and with which they are emotionally attached. They find it difficult to leave the place which gave them so good neighbour and community. In this case, even they have option while availing the service of quick house sale that they can agree to rent the same house back. This way, they can live at the house which they have sold off. Possibility would be there that they may get the house at low rent. This facility doesn’t only give house-seller a good value of their house, but also enable them to rent back their home, and live till the time they wish.
Repossession
Setting The Right Price For Your House
Is it possible to set too low a price for my house?
Pricing your House Realistically
In the current house market, many buyers may be tempted, especially if they need a quick sale, to make their house stand out by setting a very low price for it. But the old rule that: Houses sell at a price that buyers are willing to pay and that sellers are willing to accept, still applies.
Before you decide on a guide price, it is vital to find out what the competition are doing and price your house accordingly. Generally, if a house is set at too low a price, way below the competition, the seller should receive enough offers that will increase the price to its real market value. So there is little danger in pricing a house too low. The real danger lies in pricing it too high for the market.
If you price your house too high, it may be a long time before it sells and you will end up paying more mortgage payments than you expected, as well as having all the problems of trying to keep the house in top viewing condition.
Research Comparable Listings and Sales
If you want to sell your house, you must price it correctly and the more research you are prepared to do the better. Look at every similar house that was or is listed in the same area as your house over the past six weeks to 2 months. The list should contain houses within a 1/4 mile to a 1/2 mile and no further, unless the property is rural or there have been no nearby houses for sale.
Allow for the fact that perceptions and desirability have value. Be honest with yourself about the factors that increase or decrease values, such as the amenities (or the lack of them), the condition of nearby houses and the area you live in. In this way, not only will you set a realistic price, you will be more prepared for hard questions from prospective buyers.
Compare similar square footage and similar property ages, within 10% up or down from your property. Get as much information as possible on house sales in your area, especially on houses that were withdrawn from the market. Go around all the estate agents and ask as many questions as you need to.
Compare the original list price of similar houses to the final sales price to determine price reductions or increases. Adjust the pricing of your house, compared to similar nearby house that have sold, to allow for extra rooms, bigger/smaller gardens etc
Try to find out the lowest price that owners of similar houses to yours will accept. Visit similar houses that are for sale and see how your house, and its projected price, compares.
These houses are in competition with yours for buyers. Ask yourself why a buyer would prefer your house over any of these and adjust your price accordingly.
Quick House Sale
Marketing Strategies to Recession Proof an Internet Based Business
The effects of the 2008 recession are being felt worldwide and to protect an internet based business, we as internet marketers need to ensure we have a recession proof marketing strategy in place.
Just because a world-wide recession has struck does not mean that it is a bad time to make an income online with an internet based business.
We all react in different ways when a recession sets in. How we react all depends on our own unique situation. Some cut back totally on luxuries, others opt for a cheaper version, but we don’t stop purchasing goods. Some products even experience record highs during a recession. In order to respond to the new situation, it is just a matter of altering course and mapping out a recession marketing strategy.
Understanding what people are interested in buying and why they need or want to buy it is what an online recession marketing strategy would then involve. This is the key to ensuring that you have a recession proof internet based business and is even more important during a recession than in a boom.
People feel good during a boom. As people are assured that their jobs are safe and so is their next pay check, they feel rich and confident and don’t mind spending because they have money available. It is during these times that most people can make money from their own internet based business.
However, it is a different story during a recession. A great many people cut back and no longer buy luxuries as they are worried about their financial situation. The idea of purchasing luxury items such as large appliances or new cars are put on hold and people tend to make do with what they have got and tend to repair rather than buy new items.
During these times of financial uncertainty people search for cheaper alternatives in the form of used goods, spare parts, DIY solutions, cheaper food sources, they eat at home rather than dine out and any other products that can help reduce their monthly expenditure.
This change in shopping behavior offers internet based businesses some clear recession marketing opportunities, some examples being:
1. Financial Counseling and Basic Financial Advice: You’ll be surprised how many people spend like crazy with a credit card but actually have no idea of how to manage credit card debt. Others have no idea how to prepare a household budget. Many more will require financial counseling during the recession as these people are in desperate need of help right now.
2. Informative How-To eBooks: Something that will be very popular during a recession is cheap information products that teach people practical skills that they can use to save or even make money or explain in detail how to survive during a recession. This gives you the opportunity to either write your own ebook or search for high quality packages that offer rebranding rights so that you can offer them as your own.
3. Don’t forget about eBay: As people look to raise money by selling off things they no longer require and others look for bargains or second-hand goods to save money, it is very likely that eBay will experience growth during the recession. The opportunity to start your own full-time internet based business awaits you at eBay.
This gives internet marketers the opportunity to promote eBay related affiliate programs or offer eBay advice and business solutions.
4. There are those that are so keen to start their own internet based business but feel that they just cannot afford the expense. There is a great opportunity for you to reach out and offer advice on how to make an income online on a shoestring budget. They will be excited to learn that the start-up costs of an internet business are minimal and will be keen to know more about free blogs, free affiliate programs, free article marketing strategies and free traffic exchanges.
When you see the opportunity that a recession presents, it is possible to build a recession proof internet based business and make an online income out of recession proof marketing.
Sell House Privately: Why the Need to Advertise Private Property Sales
When you want to sell something, it is important that your product will reach the ears of the prospective buyer. Otherwise, you would be waiting for the sale in vain. How can you sell if you have no buyer? And how can you have a buyer if you do not get enough exposure for your product. This principle applies even if you are an individual who want to sell a private property. Even if you are not born a businessman but need to sell house privately for some reasons, you need to employ advertisement of the private property sales.
To sell house privately needs advertisement just as you would sell any other item. In fact, private property sales needs intensive advertisement since not all have the capacity to buy property nor have the interest in buying the property at hand. With exposure, you will surely find a buy from different places in the country or just within the locality.
Since the private property sales are usually done by owners of the house, a website who caters to one-time advertisement in necessary. Fortunately, there is an online site that caters to this need. One such company is The Big Move Online. This online company provides customized advertisement for property owners who want to sell house privately. This is done by simply requiring the owner to create an account for the advertisement. The owner can make the house description and upload the photos of the private property sales. After which, The Big Move Online will be the one to advertise the said properties to different websites. Depending on the rate paid, the exposure can be too wide that you will have enough buyers calling your home or visiting your account in The Big Move Online for inquiries or possible purchase.
When you utilize The Big Move Online services to expose your private property sales, you will have the following benefits:
Your property will be exposed to nearly 200 hundred websites. Surfers and consumers who are looking for properties for sale can come across your property and buy it accordingly. This means sales for you.
When you sell house privately through the advertisement of The Big Move Online, you will save from sales agent commission. You will be required only a minimal fee and then you will already get enough promotion on your private property sales. Instead of the sales agent doing the sales pitches for you, your property sales will simply be known and you will have sales from buyers. There would be no need of middlemen who may require expensive commissions.
Utilizing The Big Move Online to sell house privately will have full control on the data that you want the buyers to know. It fully provides customized advertisement that you have full control on the description and the photos that you upload on your account.
Because you only spend minimal amount on marketing cost, you can offer the private property sales at more affordable price. The sales agent commission will be slashed down, leaving you room for more markup or lowered price.
Finally, The Big Move Online exposes your house for sale in the Internet. This means higher level of exposure, as we all know that people are now looking into the Internet for resources and information. When the Internet is utilized, there are many possible prospects that will be interested in the private property sales.
Given these benefits, The Big Move Online could help you successfully sell house privately.
Quick House Sale
Quick Sale Gets you Fast Monetary Results
When you are facing bad financial times, you can go online and visit websites of the special firms that can help you out with a quick sale. If you have a house in UK, then regardless of your financial situation, they can be of good service to sell your house fast to help yourself to a large amount of cash, to solve your monetary problems.
As professionals, their job is to get you a quick house sale. Most of them work with you with an individualised plan that aims to sell your house fast as they advise you for free at every step of the process. The only criterion you have to fulfil is that you should be a legal homeowner in the UK. They take care of the rest, basically to get you the price you deserve for your home and as soon as possible at that, say within a week or even a single day, to justify the name of the scheme: Quick Sale.
This is, in fact, much contrary to the normal time it takes to make a house sale. There are a lot of time-consuming procedures involved in it. When you contact a real estate agent and the traditional process begins, it can take months to complete the sale. The sale process involves a chain of potential buyers and the problem is that this chain can collapse due to disagreement over pricing or dissatisfaction over other matters.
Whether you plan to proceed to sell your house in a traditional way with the help of a real estate agent, or you want to sell house fast by availing to the special scheme of quick sale offered by some firms, one strategy which always works to improve the buyer perception and the pricing of your property, is to go for a quick renovation. You can start with the bathroom and the kitchen, the main showrooms of your house.
Quick Property Sale
You Want an Efficient and Quick House Sale? Consider Us!
When you want to sell your house, whether because you found a new job and need to move somewhere else, or you can’t afford the mortgage anymore, you naturally want it to be a quick house sale and to get the cash that you are expecting without further delays. Unfortunately, the reality rarely meets our expectations. Anyone who has been through this can tell you that selling your house is not easy and it usually takes longer than you would have thought. In an ideal situation, all you would have to do would be to call the real estate agent and the agent will show up the very next day with a buyer and in a few days the process would be over and the money would be in your bank account. However, the whole process usually lasts between three and six months, so you must be lucky in order to have the quick house sale that you dream of.
On the other hand, it is hard for most of us to give up our home, the place that we have lived in for years. Everyone has dear memories connected with their home and it’s hard to imagine a stranger living there in our place. The next logical question would be why people sell their houses, although they would still like to live there. The answers are diverse. Some people sell it because they want to move in another town and some people sell it because they just need the money or can no longer afford the substantial mortgage. For those who are part of the second category, the news is good. You can still live in the house that you have sold, if you decide to sell and rent back your house. This is a tempting option for those who don’t want to live in their beloved home anymore, but they need the money that they can get in exchange for it. Instead of paying a considerable sum for mortgage, you have the possibility to pay an advantageous rent that you agree upon. The “sell and rent back” concept is a new concept yet and that is why many people are not aware of it.
The times are quickly changing, as anyone can see. We no longer live in the same world that our parents and grand-parents lived in. In the past days, you got a job and worked there until you grew old. You got a house and you lived there for the rest of your life, raised your children and grand-children there. You got married and knew that it was for the rest of your life. Without judging if the changes were good or not, what we can certainly say is that things have truly changed. Nowadays, most of us change our job every few years (if not once or twice a year) and the divorce rate has increased as well. Nobody expects marriage to last for the entire life anymore. In fact, if the two persons discover that they don’t get along, it is better for them to take separate paths. So what happens with the concept of living in the same house for the rest of your life?
The key words today are “flexibility” and “liquidity”. You have to move quickly to get the things that you want in life. If you get a better job in another town, you have to be able move quickly. A quick house sale is what you need in such circumstances. Remember that when you own a property, most of your cash is stuck in it. Anyone who knows a little about investments would tell you that the minimal requirements for an investment is to be profitable and liquid, that means that you can quickly free the amount of cash invested in it. When you sell and rent back your house, you free up that cash and yet you know that you will be able to live in that house for as long as you want.
If you want to know more about the process, if you need expert advice, come to us. We can take care of selling the house for you and guarantee that it will be a profitable and quick house sale. If you choose the “sell and rent back” option, we also guarantee that we will rent back the house to you, at a convenient rent that you have agreed upon. Selling your house is a very simple process, with our help
Quick Property Sale
Quick House Sale Puts Cash in your Hands, Fulfils your Wants
Life is an uncertain affair, especially in today’s increasingly dynamic times, where large amount of financial transactions is a norm. At times, business decisions may go wrong, or domestic budget may go awry. You may default on your repayments. Consequently, you land up in debts. Other issues that affect your financial health is divorce, which incurs huge expenditures. In any such case where financial times are difficult on you, you can proceed to a quick house sale to get out of your financial crisis.
When you have a home and are short on cash, it simply means you need to convert your assets into cash so that you have the easy medium to take care of your priorities. Not to say, that is as quick and easy as it ought to be. It involves long procedures such as contacting a real estate agent who would look for potential customers for you; and then the house viewing by them and the negotiations. If this is not enough, you have a lot of paperwork added onto it. The facility of quick house sale is suitable for any homeowner who is in desperate need of cash to settle various other accounts, and when liquidating assets can resolve the situation quickly.
Another circumstance when this is an advisable scheme is when you have emigration plans on the cards. And herein, it may require you to sell the house within a predetermined period. You can accomplish this with the quick sale scheme.
This special scheme is available with many good quick house sale agencies who help you sell your house fast in the shortest time possible and even at desirable prices. They have their own websites and they can be contacted online, which is even more convenient and saves more time in the process. Furthermore they will provide you free advice and free property evaluation.
Quick House Sale
Sell and Rent Back your Home Through Looking 4 Quick House Sale
If you are looking for quick cash, you have the liberty to sell your home without having to leave it. This is possible through a sell and rent back strategy. You will be able to find this kind of arrangement through Looking4QuickhouseSale. This is an organization which provides fast cash for a condition property. If you are in dire need of money, you can choose to sell your home. If you do not have another place to live in, you can still reside within your house. By renting it, you won’t have to look for another rental unit. What is more, you will be able to bypass the expensive rents of apartment units.
When you choose to sell rent back, you are guaranteed satisfaction. This is due to the fact that you are selling your property to reliable investors. This quick cash strategy can provide you with various advantages. For one, the sale of your home will not go through an estate agent. This implies that you do not have to allot a budget for agent fees. Another advantage to this strategy is the chance to prevent home repossession. This is usually the case when you put up your house or property as collateral to secure your loan. On the other hand, you can also avoid foreclosure. The process of sell and rent back is not that complicated. You only need to apply online and the offers for your home will keep on coming in.
There are already plenty of residence owners who prefer to sell and rent back their homes. This is due to their belief that renting a house is better than actually keeping it. If they want to move out, they won’t have to deal with a lot of things before they can leave. What is more, paying for rent each month is relatively cheaper than settling monthly mortgage payments. Furthermore, renting will keep you from being too obligated with the repairs and maintenance of the house or the property. Since you are not the owner of the home anymore, its damages are not your responsibility. But you have to remember though, that you still need to tend to the property.
If you are a homeowner who is worried about the declining prices of properties, you might want to consider the strategy of sell rent back. When you decide to sell your home, you will be able to lock in the profits of your property’s recent values. Most of your profit that you have earned will not go to estate agents since you are assisted by an investor. You are selling your house because you are looking for quick cash; this implies that you won’t have to negotiate with an estate agent to look for possible buyers for you. You will be directly negotiating with an investor, allowing you to gain the maximum amount of your property.
If you want to avoid a tight financial situation, the best thing that you can do is to sell and rent back your home. This way, you won’t have to put your family in a position where living is quite difficult.
Sell and Rent Back
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