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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]
Updated December 20, 2011 and originally published March 28, 2007. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @flexo on Twitter and visit our Facebook page for more updates.
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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.