Dallas-Fort Worth Real Estate Investor Club

Dow index < 7K soon

  • 23 Feb 2009 2:24 PM
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    Message # 119661
    Deleted user
    Ok, I know this isn't a stock trading forrum, but what happens on wall street has implications for main street!  The 7500 level on the Dow was a key level that was broken last week and there is a very good chance that we are now heading much lower.  This will likely have implications for layoffs, which will result in more foreclosures, bankruptcies etc.  Its getting kinda spooky out there!
  • 24 Feb 2009 9:19 PM
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    Reply # 120382 on 119661
    Robin Carriger (Administrator)
    I understand the "spooky" sentiment, but take heart.  Those of us who make a committment to continual education, look for and take advantage of our opportunities, initiate productive change, and listen to and obey God will continue to grow and prosper regardless of the economy.  With layoffs on the horizon, we all need to be as entrepreneurial as possible.  Real estate is an essential industry, so it's a good place to be.  People will always need a place to live.  I'm not dismissing the "spooky" factor at all, but hope springs eternal for those who look for it.
  • 25 Feb 2009 10:14 AM
    Quote
    Reply # 120592 on 120382
    Deleted user
    Robin Carriger wrote:I understand the "spooky" sentiment, but take heart.  Those of us who make a committment to continual education, look for and take advantage of our opportunities, initiate productive change, and listen to and obey God will continue to grow and prosper regardless of the economy.  With layoffs on the horizon, we all need to be as entrepreneurial as possible.  Real estate is an essential industry, so it's a good place to be.  People will always need a place to live.  I'm not dismissing the "spooky" factor at all, but hope springs eternal for those who look for it.


    In the end, obeying God's will is all that matters.
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