First of all I`d like to update what I see ( my opinion only ) with the Gold and Silver Chart. No big moves upward for now. It appears the price will have to consolidate for a bit. What are the chances of it going lower ? I can`t say !!
China reduced it`s holdings of US Treasuries by the tune of $ 180 Billion with aparently buyers waiting. I do not know who purchased them. Would rather see someone else other than the Feds. The dollar has had strength. This however makes our products more expensive overseas. Imports to us are then cheaper.
The stock market is right at support level and has reached a lower trading range it looks like. With interest rates near an all time low historically I doubt any large corrections take place however I would adjust your portfolio with the possibility of smaller corrections. Any rate hike will probably be minimal.
Real Estate has had a 6 year run but even so with careful consideration there are buys with 20 % down that make the payments less than rent. In my opinion there can still be buys if you have the funds to cover for it. If your working and need that income coming in then you might consider hanging onto what you have especially if it`s paid for. No need to rush out there and jump in with both feet after a long run in housing. It`s possible there will be better buys to come. Contradictory to that, we are in unprecedented times with low interest rates. Be wise, know what you are capable of handling for a payment with " Minimum " income. The one exception and one I like is a house with two living areas. You can rent 1 living area and live in the other and possibly have the morgate payment covered. This again needs to be annalyzed carefully with start up expenses. Seperate door entrance, furniture, kitchenette etc. Replacement of roofs, stoves, refrigerators, A/C and Heater----Foundation.
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