My future abode if the stock market keeps crashing

comments welcome if you know what CDS (Credit Default Swap) is.

In real estate terms this is a 'quaint fixer upper that just needs your loving touch'.

 

I sold my house two years ago at market's height, suspecting what was coming . . . after I learned of 'liar loans' and 120% financing. I figured out there would be disaster, though not at this level, and figured if I wanted I'd just buy my house back later at a lower price.

 

Then I moved mostly to Ukraine, where living is more interesting -- at least photographically, and the women more beautiful.

 

You take a beautiful photo from the worst circumstance. You seem to be the jack of all photographic trades (I think you know my opinion about your work). And being a 'jack' doesn't mean you haen't also mastered what you attempt -- as you have.

 

John (Crosley)

John, I should have sold my house two years ago! I tried to talk my wife in to it but she wouldn't listen. I think I could fix this up, the foundation is solid. Good luck in the Ukraine and keep blasting away.

The present is gloomy,indeed, Tim. But the worst will pass over and normalcy will return.It could be an abode of a surrealistic painter, but not of Tim:-)

Careful ,......I expect it to go to 7000 ...(dow ) ....or lower ....Soon ....

A.K., it's only money! Jeffrey, I heard an expert say the Dow might get down to 7200 a few weeks ago and thought he was crazy, no more. Buckle up, it's going to be a bumpy ride!

apocolyptic....but wait, there is a bit of sky visible....does that mean there is hope?

There is always hope Linda!

As long as you aren't (weren't?) ready to retire in the next couple of years, hopefully you won't have to move to such a place, although you have made it beautiful. This is a very depressing phase in the stock market and economy, but the more people panic, the worse it will get. I'm trying not to look at my 401(k) and worry, but it's difficult to do that, I know.

Where others would see ruin and squalor, you see light, shadow, color and character. Perhaps that is the way to look at the stock market too! There is still opportunity in the short side of the market - and housing will finally get more affordable in the end.