Comments on: The “Bright Spot” In The US Economy http://bluecrabboulevard.com/2008/12/04/the-bright-spot-in-the-us-economy/ Summum nec metuas diem, nec optes - Marcus Valerius Martialis Tue, 02 Aug 2011 22:27:18 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: sam http://bluecrabboulevard.com/2008/12/04/the-bright-spot-in-the-us-economy/comment-page-1/#comment-79918 sam Fri, 05 Dec 2008 20:40:15 +0000 http://bluecrabboulevard.com/?p=11349#comment-79918 Sounds like a peculiarity of the California tax system to me. Here in Salt Lake, the assessed value of both properties I own dropped in 2008 as compared to 2007. Sounds like a peculiarity of the California tax system to me. Here in Salt Lake, the assessed value of both properties I own dropped in 2008 as compared to 2007.

]]> By: crosspatch http://bluecrabboulevard.com/2008/12/04/the-bright-spot-in-the-us-economy/comment-page-1/#comment-79915 crosspatch Fri, 05 Dec 2008 03:33:06 +0000 http://bluecrabboulevard.com/?p=11349#comment-79915 So I took a gamble today. I figure the stock market has taken a pretty good beating so it might be a good time to buy. Several families of mutual funds allow you to sign up online and they will waive initial investment requirements if you have regular investments automatically deposited. Some of these regular investment requirements are also quite small in amount. So I went online and signed up for a broad market index fund (one that matches the S&P Total Market index) and set up a paltry $50 automatic investment. If the market continues to tank, no problem, I am not out a lot and I am buying more shares for my $50 and when it starts to go up, I could do pretty well. Oh, and here's another tip ... US Government Series I savings bonds are paying over 6% interest right now and you can buy them for as little as $50. You have to hold them for at least a year or you forfeit three months interest but if you think about it like a 1 year CD that is paying 3 times more than my bank is currently paying for 1 year CDs with only a $50 investment required, it isn't a bad deal at all. So I took a gamble today. I figure the stock market has taken a pretty good beating so it might be a good time to buy. Several families of mutual funds allow you to sign up online and they will waive initial investment requirements if you have regular investments automatically deposited. Some of these regular investment requirements are also quite small in amount.

So I went online and signed up for a broad market index fund (one that matches the S&P Total Market index) and set up a paltry $50 automatic investment. If the market continues to tank, no problem, I am not out a lot and I am buying more shares for my $50 and when it starts to go up, I could do pretty well.

Oh, and here’s another tip … US Government Series I savings bonds are paying over 6% interest right now and you can buy them for as little as $50. You have to hold them for at least a year or you forfeit three months interest but if you think about it like a 1 year CD that is paying 3 times more than my bank is currently paying for 1 year CDs with only a $50 investment required, it isn’t a bad deal at all.

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