Is it a Good Time to Buy a Car?

GM stock less than $1.00. Ford stock at $5 dollars. chrysler had to sell out. So is a good time to buy a car? Sure it is. Look we all have to get to work and if you have the cash now is a great time. You can deal in these ruff times. Like you never could before. There are auctions, repos, and just all out starving car salesmen and women that need to move those vehiclles. So if you have a nice down payment and your current vehicle is shotty, try your luck at an American dealership, don't tell nobody. Be sure to get your loan from the credit union, not the bank. The government owns the banks so they are still not giving out loans like they should. I'm not saying that it's the governments fault. the banks should give you a loan but they do whatever they want so... go to the credit union. try to pay the car off asap because you know that they are depreciating assets. Do not get a lease unless you can gaurantee that you will not go over the miles and you know you will be in good standings credit wise 4 years from now. I am going to go and look for something in Libertyville they are giving away $$$$ for anyone to spend if you buy a car from any dealership up there. so happy car shopping. Get your carmax report if you can before you drive off in the lemon of your dreams. LOL.

Agreeing with Suze Orman

Yes, can you believe it I am agreeing with Suze Orman!!! Not on everything, but on the topic about advisers. She had a young guy on her show who does loans at a bank. He was upset that the loans he was selling were on the verge of being unethical. He even admitted that he would not get into anything like this himself. He was just 23 or 24 years old. What I agree with is that Suze says that you have to check and double check everything before you buy. Just be patient. The other issue I have is that you may be involved with an adviser who is trying to make a living and is being pressured to sell to keep food on the table at home. That adviser may not be experienced or just out of school. How can that adviser give objective advise? The truth is they can't. This market place is so complex and easily changed that it is so hard to keep up with the rules let alone the products that come out with changes everyday. So I finally agree with Suze on something. She has been taliking my language lately so I hope she keeps it up.

Happy Memorial Day.

Just Talk!!!

The best yet from Maria B. CNBC analyst. She had all the best minds in the financial industry on tv tonight. Wow, is all I have to say. They actually are starting to talk like human beings. They still have a long way to go. Like the CEO of Citigroup. When they mentioned the fact that CEO's were making too much money he laughed and mumbled he is making a dollar this year. excuse me, what did you make in 2007, or 2008? Probably enough money for a lifetime!! Jack Welch was talking his normal, be a winner bull. Why are these people still in charge of everything? All I can say is that capitalism is still not fair. We are going back to the days when the only people that qualify for a job, a home, or car insurance are people who have never done anything wrong or have perfect credit. Which group of people in this country fit that description? Oh and I am tired of them saying they should blame the investor. The same investor who was never told the whole truth about the investment that they were getting into. These CEO's made their money and then turned around and started to act like they cared. It is so scary. Business as usual has to end. Change the economy by putting people in the position to help people not to feed off of people's ignorance and the thought of a better life. The carrot is just dangling. Never had enough money to buy a home, well here is the bad mortgage that you will never get a chance to pay back. Oh, jump into this IPO, after we make our money first, then when you jump in we will be getting out. It is just a shame that less than 60 years ago a certain group of people had to fight for the right to vote. These smart CEO's actually believe that equal opportunity has been achieved. How? The other group of people in this country have had 100's of years of a head start. When will they admit it?