Global Finance released their list for the World’s Safest Banks 2008, and Wells Fargo was the only U.S. based bank to make the top ten list. Other banks were German, French, Dutch, Belgian, from the U.K., etc.
Our in house lenders at Private Mortgage Advisors - an affiliate of Well Fargo Bank- have some excellent Mortgage Loan packages available which may include huge rate savings on Jumbo loans if one has a “relationship” with Wells Fargo (ie a bank account essentially). Please contact us at 1-800-678-3570 for details or if you have further interest in our excellent Mortgage opportunities.
This article is something I really wanted to share with everyone. It addresses the current economic crisis we’re currently undergoing, and provides excellent historical comparisons which help keep this all in perspective a bit more.
The article is fairly lengthy so I will break it up into a few posts for ease of reading. Hope you all find it as useful, informative and cathartic as I did…
This article can also be read and dowloaded as a PDF Document so you can view Time Magazine Covers that aren’t included here at
by Joni Clark, CFA, CFP®, Chief Investment Strategist, Loring Ward
LWI Financial Inc. (“Loring Ward”). Securities offered through Loring Ward Securities Inc., Member FINRA/SIPC. 08-179 (08/08)
As investors, we naturally and rightfully take an interest in the state of the economy and the current market environment. And the financial media is swift to oblige with an abundance of information reported on a real time basis through financial network television programs, financial websites, radio, newspapers, magazines, and the like.(more…)
This is the second part of this article covering the 1980’s forward.
The 1980s
The TIME cover story on April 21, 1980, “Capitalism: Is it Working? Of Course but…” portrayed an economy beset on all sides.
“In an age of economic anxiety, real and rising concerns about whether free enterprise can surmount the problems of inflation, energy and productivity. The relentless daily pounding of dismal news drives deeper the public’s conviction that the economy is in a profound and morose crisis.”
“Week after week, interest rates crack new records; home owners face 17% mortgages Energy, the oxygen of industrial life, has become so costly and politically controlled that the U.S. can no longer be certain of enough fuel to keep its factories running and homes heated.”
With these headlines, an investor probably would not have expected an annual return of 32.4% for the S&P 500 Index in 1980. Unstructured World
Although the market continued its march upward in the early 1980s, America’s “Interest Rate Anguish” continued.
The TIME cover story on March 8, 1982, “Paying More for Money” reported:
“Expensive and scarce money has begun driving homebuilders, auto dealers and businessmen from every walk of life out of business, and in such numbers that bankruptcies around the country are beginning to rival those of the Great Depression.”(more…)
We're so glad you have decided to join us. We're Team Ardizzone & Howmiller of Alain Pinel Realtors in beautiful Los Gatos California. Rick Ardizzone, John Howmiller and Jeff McLaughlin want to keep you informed about the happenings here in Los Gatos, Saratoga and Monte Sereno California. Real Estate is what we are all about but our neighborhood is why you will stay around. Thanks for your visit and your participation in our real estate blog forum.
You can find great local Los Gatos, California real estate information on Localism.com Jeff McLaughlin is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.
