Good morning from The Freeman/Davis Team at www.HomeSearchRALEIGH.com. It’s starting to look like we should probably not begin our days with a look at the news. Sadly, many of us see the fruits of our labors being eaten away by situations that are beyond our control. Hopefully, what you have seen vanish over the last month (or less in many cases) will not be gone forever. Long term investments in our country and the stock market have traditionally always made money…the “key words” here are “long term.”
The wild financial situation continues. The economy took another hit yesterday and Stocks started out down again this morning before rebounding. While it is very frustrating to watch hard-earned dollars evaporate, historical data suggests that we may be nearing the bottom.
One bright spot is that oil prices are plunging, falling from a high of $147 per barrel last July to around $80 per barrel this morning, which means your trip to fill up at the gas station should be slightly more bearable.
Sometimes these events just have to run their course. Let’s stay focused on what’s good in our lives and know that all things in this world are temporary. Best wishes to you all and “Hang In There!”