Wednesday, January 23, 2008

Journal Entry, Week 1

I woke up this morning to the bad news that CNN was projecting for the economy! At the moment the Dow is down 287 points. I certainly makes me glad that I don't own any stocks. The Fed just cut interest rates almost a point to 4.5 yesterday and their anticipating another cut shortly. I've been waiting to buy a house for a while now, it this might just be the right moment. I'll have to keep an eye on the rates and try to get in while they're low.

1 comment:

johngoldfine said...

Falling prices, so if you can find the mortgage, you ought to get a deal....