Monday, November 10, 2008

On A Personal Note

As dire as all the news portrays, there is movement of the sale of homes where I live.  Some have been vacant for over a year.  Within the last 2 months, 4 homes have sold.  I live in a mountainous area, in a community of about 1000 people in Northern California, with the nearest city about 35 miles away.  This indicates that the price of homes is now representing the fair market value of the quality of the homes.  I think what is happening here is happening elsewhere on a small scale. Keep an open mind and look for the bright spots in this financial desolate landscape.  They are there to be noticed.  

Also, there are great companies who are trading so low below their book value, that anyone who buys their stock will weather this nuclear storm well.  If there is an interest to interact with me on specific companies, please feel free to contact me at shirleyrwood@yahoo.com.  

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