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Subprime loans and foreclosures are everywhere in the media these days. What is the contratian’s position? Now that everyone realizes what we all knew—that these loans are dangerous—is it the right time? [CNN]
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Summary: credit cards offer more protection than debit cards, but there are benefits for some. I use my debit card to withdraw cash at the ATM, and that’s it. [David Bach]
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Henry Ford made some bold moves, and Home Depot is in major trouble. [Scott Burns]
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Here are the very basics of starting your Quicken file. Should be apparent for anyone who can follow the software’s walk-through instructions, but everyone likes “basics” posts. [Lifehacker]
By
Flexo on Wednesday, March 28, 2007 at 8:50 pm
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I wish there were more subprime loans in my area – then I might be able to afford to buy a home from a desperate seller. Homes here on the central coast of California are still selling for more than 20 times the average annual salary.
I’m waiting for a surge of desperate sellers here, too. With all the media attention to subprime lending, you’d think I’d see more foreclosures around here.