It’s The End Of The World As We Know It

It’s the end of the world as we know it.
It’s the end of the world as we know it.
It’s the end of the world as we know it.
And I feel fine.
                                   …REM

Bad tomatoes.
$130 a barrel oil.
$4.00 – $5.00 gasoline.
Soaring energy costs for the home.
Soaring bread prices.
Unemployment pushing up to 5.5%.
Illegal immigration.

Don’t lose hope.  I’m old enough to remember the economy in the late ’70’s and early ’80’s.  I remember my parents feeling a bit hopeless regarding the economy and America’s place in the world.  In comparison to the world our lives are still downright cushy.  (And the worst part of the ’70’s, in my opinion, wasn’t the high inflation or energy costs…it was disco!) 

This too shall pass.

Do plan for the future.  Do position yourself to capitalize on the rebound.  Do make sure you are putting away enough in savings for upcoming unexpected events and/or costs.  Do take your retirement into your hands and put more money into your retirement vehicle whether that be stocks, bonds, mutual funds or even real estate investing. 

 

2 Comments

Filed under Personal Real Estate Opinions

2 responses to “It’s The End Of The World As We Know It

  1. Robert

    If the prices of oil go up quicker than they are now, what will we end up paying. What will oilheat users end up paying? They already spend up in the thousands to keep warm during winter. Geez. Check this site I found while working for NORA. http://oilheatamerica . com/index.mv?screen=bioheat

    Turns out that oil can be green as well. This B5 blend of oil can help conserve 400 MILLION gallons of oil, produces NO greenhouse gases and reduces emissions. What do you think?

  2. I am no expert in anything energy related other than I know a guy with Black & Veatch who warns that we are not building nearly enough plants to keep up with current growth.

    I really feel we are experiencing a fundamental shift that will cause new priorities and new technologies.

    I’m not doom and gloom but you’d have to be blind to not see what is going on.

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