>FOXNews.com – Business – Money Matters – Can You Identify a Housing Bubble?

>Get ready for an onslaught of articles similar to this one. Greenspans latest comments will start another round of “real estate bubble” talks. The advice in this article is good and is the advice that I give – be careful, and know your time frame. Gail Buckner is the reporter for Fox in this article, we were in the same Masters class at the College for Financial Planning.

FOXNews.com – Business – Money Matters – Can You Identify a Housing Bubble?

Scott Dauenhauer, CFP, MSFP

Kindle

>US heading for house price crash, Greenspan tells buyers – Economics – Times Online

>US heading for house price crash, Greenspan tells buyers – Economics – Times Online

Anybody remember “Irrational Exuberance” and the taking down of the high flying NASDAQ and Growth Stock a few years back? Well, here is part II for Greenspan. Greenspan believes housing prices are too high and is warning about pushing prices higher. Is this the shot heard around America that will result in another crash? Doubtful, but we should heed his advice.

ScottyD

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>Down With Mutual Funds? – Newsweek Business – MSNBC.com

>Down With Mutual Funds? – Newsweek Business – MSNBC.com

Thank you Jane! Jane Bryant Quinn once again confirms that that money management through active managers is a losers game. She interviews the manager of the highly successful Yale University Endowment, his advice – use index funds.

ScottyD

Kindle

>Initiatives to Promote Savings From Childhood Catching On

>Initiatives to Promote Savings From Childhood Catching On

I have come up with a slightly different version of what this article talks about. This article poses giving $500 to every child born in the and for the money to be used for college or retirement. My idea would be to give much more money and let it grow only for retirement, however the money would only be a loan which would be paid back upon reaching adulthood. The loan would be paid out of the same funds that we currently pay to social security, thus there wouldn’t be an extra burden.

Short term costs would be astronomical, but the long term benefits would be absolutely incredible.

ScottyD

Kindle

>Smartmoney.com: Consumer Action: Successful Landlords Aren’t Wimps

>Smartmoney.com: Consumer Action: Successful Landlords Aren’t Wimps

THINKING OF BECOMING A LANDLORD? Join the club. A record 1.8 million homes were purchased as rental properties last year, according to the National Association of Realtors — a 14.4% increase from 2003. In fact, nearly one in every four homes bought in 2004 (23%) was a second-home purchase meant to be rented out.

A great article from Smartmoney on Rental Real Estate, if you are anticipate becoming a landlord read this.

Scott Dauenhauer, CFP, MSFP

Kindle

>USATODAY.com – Equity-indexed annuities scrutinized

>USATODAY.com – Equity-indexed annuities scrutinized

I think that most of the people selling these annuities are dishonest or naive. They don’t understand the product and they mislead you into believing that you can earn a better return than is really possible. Most of these contracts are incredibly difficult to understand and are designed to benefit the insurance company, not the individual. Stay away from Equity Indexed Annuities.

Scott

Kindle

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