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The Beginning of the end…of the year
Beginning of the 4th Quarter
US Economy is a train wreck
World economy is moving in sync
- US sneezes the rest of the world gets a cold
- Likely to continue for quite a while
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In terms of retirement planning, people are
afraid
- To do the wrong thing
- To do anything
- Result – absolute wrong thing by doing nothing
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What you can/should do?
- Reset your plans based on a low growth economy and a volatile stock market
- Eliminate 100% of your reductive debts
- Credit cards, car loans, things to buy stuff
- Ensure you have significant liquid savings = 6-12 month’s income
- Invest with safety #1 objective
- Refinance
- Lower your borrower costs now – aka save money
- Let inflation payoff your debt when it happens
- Mortgage rates are all time lows
- If you have a job, congratulations!
- If you have good credit
- If you have equity and
- If you have not refinanced in the past 3 months, then you CAN save money!
The Real Estate Assistance Program – REAP The Rewards!
If you are buying, selling, or financing real estate, you want to enroll
- It’s free
- It saves you real money
- www.REAP-TheRewards.com
If you are buying or selling real estate we will negotiate a credit from the Realtor for you
- Why – Corporate Relocation across the Country & around the world
- Why not around the neighborhood?
- Realtors want/need qualified buyers – We guarantee them
- Realtors want/need motivated sellers – We guarantee them
- Win/Win
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Mortgages … Cost Free!
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How?
- There are always costs – How do you pay for them?
- Cash
- Add to the mortgage
- Have the lender pay them today, in exchange for a slightly higher rate
- You pay over time
- If it makes sense in today’s dollars – no brainer
- If rates drop, do it again with no prepayment penalties
- If/when inflation hits, or just goes back to normal – cheaper dollars
- No Costs means $101,000 = $101,000 and not a penny more
- Select this link to go to iTunes
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