People often ask me for advice regarding their finances. Where should I invest? What should I do about this stock or that? What’s the best thing I can do with my money? How can I afford a house? I would like to answer the following question in this post: What is the absolute best thing you can do for yourself financially?
The Treasury Department has announced the first stages of the rescue plan authorized by the bail out 10 days ago. Most of it is to help banks stay in business, especially regional banks, but there is an interesting part that affects you if you live in a house.
Many of you may have noticed the Dow spiraling downward. Several people are losing their 401K because it’s value is decreasing. Many are seeing their pensions vanishing. There’s a lot of financial uncertainty right now, but there’s a way to have financial certainty if you are like 95% of the rest of the country. Here’s how.