Stale Green Light

Finally home sales are steadying. The month of June saw national home sales increase again, making it the third month in a row. We need to make sure we are benefiting from this as much as possible.

As previously mentioned there are credits which the federal and some state governments are issuing for first time home buyers. You need to check your state out and see if you qualify. Beyond this you need to make sure the market is going to boost your assets.

If you have enough liquid cash for a down payment but are letting it sit in your bank then as the real estate market steadies your money is slowly going to depreciate because it will not be able to buy as much. The lower the house prices are when you invest your money the farther your dollar will go.

Ford’s loss of only $638 million dollars this last quarter helped Ford’s stock rise on the unexpected news.

Ford is one of the few American car companies that have not received a government bailout in the last year. Due to cost cutting, accounting maneuvers, and a gain in market share throughout the world, Ford was able to cut losses in the last quarter. Company officials expect to return to profitability sometime in 2011. Read the rest of this entry »

Daniel Suelo is a modern caveman living in a canyon right outside of Moab, Utah. Daniel Suelo has lived in this cave for the past 9 years, yet more remarkably, Suelo has lived off of absolutely no money since 2000.

In his blog, that he writes for a public library, Daniel Suelo says, “When I lived with money, I was always lacking. Money represents lack. Money represents things in the past (debt) and things in the future (credit), but money never represents what is present.” He believed in the Christianity of “freely giving and freely taking, forgiving all debts, owing nobody a thing, living and walking without guilt . . . grudge [or] judgment,” as said in the Sermon on the Mount.

Though I don’t reccommend everyone to go out and discover themselves through living with nothing, and scrounging around the wilderness for food, we can learn some things from Suelo. Money is not the most important thing, and when we make it the center of out lives, it can consume us.  If we make the focus of our lives our family, serving others, or learning new things, the economic crisis that we’re going through, may not seem so catastrophic in the end.