Mick Russom's threads


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Study Shows More Americans Are Raiding 401k To Pay Bills
by Mick Russom on 6 Mar 2013   1 comment, latest 12 years ago
Ready for another housing boom funded by people raiding their 401ks to pay for crushingly costly housing! Print more money and full speed ahead. http://articles.washingtonpost http://philadelphia.cbslocal.c 401(k) breaches undermining ...

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20 million people ages 18 to 34 live at house with their parents
by Mick Russom on 1 Mar 2013   27 comments, latest 12 years ago
Seems that living at home under age 30 is up 45% - 65% depending on how you count it.-- 20 million people ages 18 to 34 live at home ...

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Walmart, JC Penny Down, growth @ 0.1%, New Cars out of Reach and Salries too low
by Mick Russom on 28 Feb 2013   14 comments, latest 12 years ago
New Cars out of Reach for More Americans http://finance.yahoo.com/news/ Looking to buy a new car, truck or crossover? You may find it more difficult to stretch the household budget ...

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Americans see biggest monthly income drop in 20 years
by Mick Russom on 1 Mar 2013   12 comments, latest 12 years ago
Remember, when incomes drop, be sure to buy more expensive housing! http://money.cnn.com/2013/03/0 Feeling poorer? Americans saw their income drop so dramatically in January that it marked the deepest one-month ...

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USA Has 'Infinite Amount of Money'... Bloomberg.
by Mick Russom on 1 Mar 2013   6 comments, latest 12 years ago
Headline: Mayor Bloomberg: Don’t Panic About the Sequester Furthermore, while saying the federal deficit does indeed need to be curtailed, Mr. Bloomberg argued the United States could owe “an ...

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Money left over after taxes biggest plunge since 1959
by Mick Russom on 1 Mar 2013   Posted 12 years ago
But the headline? "Consumer Spending in U.S. Climbs Even as Taxes Hurt Incomes" http://www.bloomberg.com/news/ Disposable Income Disposable income, or the money left over after taxes, dropped 4 percent after ...

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time to jump in or stay on the fence?
by Mick Russom on 17 Mar 2012   43 comments, latest 13 years ago
I'm thinking of jumping into the market. I'm looking at a 4 / 2 1600 sq ft for 800k. The mortgage rate is locked in at 4%, 625000, 3000+100+840 ...
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