http://www.moneyunder30.com/optimistic-economy-2009 Personal Finance for the Young and Ambitious Fri, 06 Nov 2009 23:10:14 -0700 http://wordpress.org/?v=2.8.4 hourly 1 http://www.moneyunder30.com/optimistic-economy-2009/comment-page-1#comment-1954 don smith Mon, 06 Jul 2009 23:54:22 +0000 http://www.moneyunder30.com/?p=1104#comment-1954 I will be interested to see how many states fail to meet bdget this year. They need a solid budget like the rest of America is living on. I will be interested to see how many states fail to meet bdget this year. They need a solid budget like the rest of America is living on.

]]> http://www.moneyunder30.com/optimistic-economy-2009/comment-page-1#comment-1952 Brett Hummel Sat, 31 Jan 2009 01:12:11 +0000 http://www.moneyunder30.com/?p=1104#comment-1952 I believe that while the near term definitely looks bleak for the US economy, I think that over the long term (1-2 years out) younger professionals are in a very strong position. While the stock market and economic collapse have really hurt those professionals who are close to retirement and our parents, younger professionals have relatively little invested in retirement accounts, housing assets, stocks, etc. As such with prices now depressed and as the younger generation builds wealth over the coming years, we have the opportunity to buy assets at the lowest point and possibly to sell high. During the last semi-boom years I can remember how hard it was for me to keep my head above water with the rate prices were increasing for food, fuel, etc let alone consider how I was going to able to afford a house when I came to that point in my life. Even though it will be extremely challenging and the globalized world will force younger Americans to be more innovative than ever before, I think it also affords incredible opportunity. I believe that while the near term definitely looks bleak for the US economy, I think that over the long term (1-2 years out) younger professionals are in a very strong position. While the stock market and economic collapse have really hurt those professionals who are close to retirement and our parents, younger professionals have relatively little invested in retirement accounts, housing assets, stocks, etc. As such with prices now depressed and as the younger generation builds wealth over the coming years, we have the opportunity to buy assets at the lowest point and possibly to sell high. During the last semi-boom years I can remember how hard it was for me to keep my head above water with the rate prices were increasing for food, fuel, etc let alone consider how I was going to able to afford a house when I came to that point in my life. Even though it will be extremely challenging and the globalized world will force younger Americans to be more innovative than ever before, I think it also affords incredible opportunity.

]]> http://www.moneyunder30.com/optimistic-economy-2009/comment-page-1#comment-1953 BankerBryan Sun, 04 Jan 2009 08:31:35 +0000 http://www.moneyunder30.com/?p=1104#comment-1953 It's good to see someone else is optimistic - it's the only way we can turn this thing around! It’s good to see someone else is optimistic – it’s the only way we can turn this thing around!

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