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Think of Real Estate | |
If you want to make money in real estate over the next decade, plan on buying a vacation or resort home. Currently, 6 percent of all homes sold in the U.S. are vacation homes. While the percentage is small, it is growing faster than the overall market for residential real estate. In 2003, 445,000 vacation homes were sold, the highest number ever. This was a 24 percent increase from 2001, the National Association of Realtors reported. | ||
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The World Is Swimmin | |
An old saying tells us, “You can never be too thin or too rich.” But the truth is that you can have too much cash. Today, the developing world and Europe are spending less money than they are taking in, and the result is a surplus of savings that the global economy must somehow learn to use effectively. | ||