Housing Bubble/Servicing Your Clients
Hot article on the dozens of things you can do with your money over at MONEY magazine. Oh boy, oh boy. I cannot wait to get my hard copy issue in the mail.Last week I read that the top financial advisors and professionals in the country send notes to clients before they are even clients -- prospects in other words. Right after that, I sent a prospect a reprint from MONEY magazine's special on home renovations. Days later, the prospect sent me back the paperwork I had been waiting for. Do your clients a solid -- it pays.
TIME and Smart Money followed suit with their cover stories on real estate. Speaking of house parties, Greenspan re-iterated this week that there is still some 'froth' atop the housing sector smoothie. Even the shoe shine boys are talking fixer-uppers, Repos, and interest rate babble.
Be careful.
A contrarian would be raising an eyebrow, no? Same scenario with stocks -- Business Week pronounces in 1979 that Equities are dead - greatest bull market in history starts its 20 plus year tear. Today, everyone is bitching about GM -- why is the stock attractive at $26 and $28 a pop? Because everyone is selling off.
Will anything else pop?
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