US Housing Continues Freefall & Is Nowhere Near The Bottom (via Livinglies's Weblog)

US Housing Continues Freefall & Is Nowhere Near The Bottom The Frighteningly Obvious Truth That Most Deny – US Housing Continues Freefall & Is Nowhere Near The Bottom Posted on February 7, 2011 by Foreclosureblues Today, February 07, 2011, 4 hours ago | Reggie Middleton The residential real estate situation is still looking quite bleak. The downturn (actually, the continuation of the earlier downturn – they were not two separate events) that I forecast last year has come, and come with a vengeance. I … Read More

via Livinglies's Weblog

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Author: timothymccandless

I have spent most of my professional life helping people who were being taken advantage of by systems they did not fully understand. As an attorney, I represented consumers against predatory lending practices and worked in elder law protecting seniors from fraud. My family lost $239,145 to identity theft, which became the foundation for my seniorgard.onlime and deepened my commitment to financial education. Since 2008, I have maintained a blog at timothymccandless.wordpress.com providing free financial education. Not behind a paywall. Free, because financial literacy should not cost money. I trade with real money using the exact strategy described in this book. My current positions: Pfizer at $16,480 deployed generating $77,900 per year net. Verizon at $29,260 deployed generating $51,000 per year net. Combined: 293% annualized pace. These are my only active positions. Not cherry-picked.

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