The word "as-is" can indeed be one scary phrase. Especially when buying
a home in today's market where foreclosures and short sales that need
fix-up work are plentiful.
Ladies and gentlemen, may the best investor win. Sick of squabbling
with one another as stocks tanked, some married couples have decided to
draw a red line through their financial houses.
The Premise: Sure, the economy picked up steam this past fall. But much of that growth is tied to the trillions of dollars the U.S. government threw at the financial crisis.
Magician David Copperfield made the Statue of Liberty disappear, but even he might be envious of the neat trick some mutual fund companies have recently accomplished: making poor-performing mutual funds – and their records – vanish.
Heading into 2010, most financial analysts and investment professionals seem to agree on two things: We’re no longer on the brink of another Great Depression, and there won’t be another 60 percent surge in the stock market anytime soon. Beyond that, things get a little hazy.