Ravi’s Gadgets

Tag: Economy

Why Real Estate May Be the Only Real Mainstay Market

by Ravi on Feb.03, 2009, under Where To Put It?

While you see businesses come to life, peak and fall, you may be thinking if a business of real estate is worth investing in. Would if the same thing happens to this business. You wouldn’t want to invest in something that won’t be substantial. Unlike other businesses, real estate is always a good investment to make, and may be the only real mainstay market.

Even though the real estate market rises and falls, there are still many benefits to being in real estate. You can expect that if something happens that causes the real estate to lower, it will eventually come with back up exit signs. There is always a need for housing and people are always moving into different locations. No matter what type of real estate you are investing in, you can expect that someone will have the need to live on the property. Because real estate is part of the basic needs of individuals, it can be expected that someone will always be looking, and others will always be selling.

One of the advantages of real estate that gives it more stability is that no matter what the economy, there will always be real estate selling. It can be expected that if the market is bad, individuals will be working towards selling their homes to move somewhere more substantial. If the economy is good, then individuals will be looking into buying homes that can offer more. This helps to keep real estate as one of the stable markets among businesses.

If you aren’t certain about investing in real estate, you don’t need to look any further than the economy and how the fluctuation is always to the advantage of those owning property. No matter what the circumstances, individuals are always looking for a place to live. If you want to make sure that you are part of the trends in the market place, then investing in real estate is a certain way to keep stable income.

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USD Apprising

by Ravi on Oct.01, 2008, under General

The US economy is falling. They are holding meetings there to find ways to fix the issue and try to possibly save the country from disaster. But the USD price against Indian rupee is shooting UP. Straight up. About untill 2 months ago, the USD price was INR 39, and now it is 47.5. Looks like in a few weeks it will cross the 50 rupee mark after a long time.

Good for people who do export of goods or sell services and get paid in USD. But what about people like me who buys services from the US? We have to pay more now, and unless we get business from outside India things will be quite difficult for us.

Goods such as weight loss pills will always sell. But what about the extra GB that people might want to host their blogs? Definitely people will look for options to cut costs, and thats a loss of business for us. Clearly means that we need to bring in more clients and again have to face the costs of client acquisition. Gonna be a real tough job.

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Stocks open lower after big rebound

by Ravi on Oct.01, 2008, under Where To Put It?

Stocks declined early Wednesday, extending this week’s gyrations as investors prepare for a possible Senate vote on the government’s proposed $700 billion financial sector bailout. Credit markets remained strained, adding to worries about the well-being of the economy.
[Examiner Top News]
[Read More]

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Will I regret forecloser?

by Ravi on Oct.01, 2008, under Where To Put It?

Hello,

I am wasting soooo much money in a bad mortgage. A lawyer has advised me to stop payments, force a foreclosure, then hire a bankruptcy lawyer and file Chapter 13…

I am only 30 but am umarried…My credit has suffered and I am now in the lower 500’s Is this a smart move?

It is worth over 25,000 less than I paid and a short sale or refinance are probably not going to happen with the current state of the economy.

PLEASE I am so worried about the long term effects of such a drastic move

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