Comments on: What Recession? I’m Going Shopping http://www.moneyunder30.com/what-recession-im-going-shopping Simple, Honest Financial Advice Thu, 09 Feb 2012 22:53:06 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: nick http://www.moneyunder30.com/what-recession-im-going-shopping/comment-page-1#comment-615 nick Sun, 23 Mar 2008 05:34:21 +0000 http://www.moneyunder30.com/what-recession-i%e2%80%99m-going-shopping#comment-615 Great Article...I agree with just about all of it. I especially think now is a great time to buy securities. There are many great companies that are trading very cheap..And I am talking about companies like Campbell Soup, Clorox, and Budweiser to name a just few stellar companies that are trading near their 52 week lows. My portfolio this past week had an upswing of 6 percent as the market rebounded a bit, and is up 13 percent for the year. I still think the stocks of financial companies are very shaky even though they appear to be cheap right now. However, I have to respectfully disagree with regards to Real Estate prices across the country. They have come down lately, but for the most part they are still inflated and I don't believe they have bottomed out yet. There are signs that even the hot NYC market which up to this point has been strong may be slipping. Great Article…I agree with just about all of it. I especially think now is a great time to buy securities. There are many great companies that are trading very cheap..And I am talking about companies like Campbell Soup, Clorox, and Budweiser to name a just few stellar companies that are trading near their 52 week lows. My portfolio this past week had an upswing of 6 percent as the market rebounded a bit, and is up 13 percent for the year. I still think the stocks of financial companies are very shaky even though they appear to be cheap right now.

However, I have to respectfully disagree with regards to Real Estate prices across the country. They have come down lately, but for the most part they are still inflated and I don’t believe they have bottomed out yet. There are signs that even the hot NYC market which up to this point has been strong may be slipping.

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