Protected: Buying a House in Chapel Hill, NC in this Freaky Real Estate Market Downturn
Buying General Electric
I bought some more GE today for $15/share in my Roth IRA. I can’t believe the prices on some of these companies. It’s definitely a case of throwing the baby out with the bath water. And the dividend yields are incredible. Granted you have to make sure you’re buying into companies that have a history of protecting their dividends. I believe GE is one of these.
How to Create a Spending Plan or Budget
Today’s Wall St. Journal has an excellent article on how to make a spending plan. Please check it out. Amazingly, I just sat down for the first time to figure out our family budget a couple of weeks ago. There really has never been a need since we’ve always lived well below our means. However, as we become more serious about buying a home, it’s paramount that we have a good understanding of what portion of our income is fixed versus discretionary. This is especially meaningful right now when food and fuel costs are eating away a much larger portion of discretionary income than ever before.
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