Happy New Year - My 2008 Market Predictions and Financial Plans


Happy New Year - My 2008 Market Predictions and Financial Plans

January 1, 2008

By MoneyBlueBook

Happy New Year everybody! So long 2007 - it was an interesting year but I'm glad it's behind us. Let's pray the world can see more peace in 2008 and hope the financial markets will resume its bull run again. Markets are incredibly difficult if not impossible to time, but here are a few of my predictions and projections for 2008. They may or may not come to fruition, but I'd just like to put them out there to see if I am correct or not. I'm not advocating or pushing for them to necessarily happen, but I think they are likely to occur.

Here Is How I Think The Economy and Financial Markets Will Respond In 2008:

  • The U.S. economy will not enter into an actual recession of negative growth, but expansion will be very subdued. Consumers, the primary driving forces of the economy, will continue to spend as always, although many will cut back on expenditures compared to prior years.
  • The U.S. stock market will stagnate greatly along with most of the world stock markets, except the Asian emerging markets. China, Hong Kong, Taiwan, and Korea will resume their bull market rise, outpacing U.S. markets, although the rise will not be as dramatic as that witnessed in 2006 and 2007.
  • Housing prices will steadily drop nationally overall with very limited local pockets of modest price increases. However, continued foreclosures will cause housing inventory to continue rising, and prices won't stabilize and trend upwards again until at least 2010. The credit crunch write-offs in the mortgage and
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    Merry Christmas 2007! - Remembering My Favorite Presents Received From Past To Present

    December 25, 2007

    By MoneyBlueBook

    Merry Christmas everyone! It's exciting that Christmas is now upon us and I'm quite eager to find out what's in store for the coming new year. I'm feeling a bit wistful right now so I'd like to look back at the wonderful and memorable presents I've received over the years since childhood and even into adulthood. Many of the presents continue to have a special place in my memories and I still remember them quite fondly.

    I know some parents advocate the teaching to children of the true meaning of Christmas - the valuable lesson that Christmas is not only about presents and receiving gifts, but that it's also about family, sharing, and spending time with loved ones. Although I believe these themes are worthy ones, I don't think we should completely deprive children and the younger generation of the simple and innocent joy of receiving and giving presents. The simple act of giving and receiving presents is often an annual ritualistic event that holds a special place in the historical hearts and minds of many children, teens, and adults alike. Instead of trying to compel the thematic shift of Christmas from presents into the non-material aspects of the holiday season, we should try to encourage and teach children to not only receive, but to give. It's an inevitable fact that children will ultimately grow up into a materialistic world. Rather than shield them or futility try to sanitize their environment, we should prepare them for reality and the future by showing them that the Christmas

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    Here's To Keeping Your Priorities Straight - Have a Happy Thanksgiving!

    November 22, 2007

    By MoneyBlueBook

    Money is an important part of life but sometimes it can be very fleeting. Just look at the world stock markets recently. What was a high flying market has now come back down to earth and bottomed out. The market will eventually rebound, but it's a stark reminder that the accumulation of money should be a means to an end, and not become the goal itself.

    I hope we can all learn to be extra generous during this Thanksgiving season and cherish the important family, friends, and loved ones in our lives. It's important to keep spending under reasonable control, but don't let it prevent you from sharing your generosity with others. Money can be replaced, but good friends and family cannot.

    Have a wonderful and Happy Thanksgiving and remember to eat hearty (don't worry, you can work off the pounds later on the treadmill). Enjoy the Black Friday shopping festivities! :)

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