You may think twice once you read this list of most stressful low paid jobs compiled by CNNMONEY.COM.

In no particular order: social workers, special events co-ordinators, parole officers, news reporters, music ministry directors (where did they pull that one out from?!) membership managers, fund raisers, commercial photographers, assited living director and Ministers all made the top ten most stressfull jobs.

The highest paying job out of all the above is $46,000 as an assisted living director, and the least paid is a news reporter at $32,000.

Looking back to September of last year we are still down over 2000 points. Looking back to March the second of this year, we are up just shy of 2000 points.

So the market took six months to drop almost 50% and two months to claw back around 27%.

The big question is does one invest in the market now, hoping the momentum upwards will continue, or will the markets lose some of those gains as it stops to catch its breath…. Continue Reading…

I remember the day when in 2005, my ex-wife and I bought our second home in Phoenix using the no docs loan route.

We “qualified”  with a $5000 downpayment for a $280,000 loan. Once we included some nice furniture and a pool, it increased the grand total to $310,000. This was in addition to the existing mortgage on our first home where we has a mortgage of $180,000.

I didn’t understand how we had managed to get the luxury lifestyle that normally comes a little later on in life. I thought things through a lot for a couple of weeks and realized that if the tide turned on the housing market we could be out of one if not two houses. Continue Reading…

For all those unfamiliar with the term mamzer, it comes from the Hebrew vocabulary for its literal translation – bastard…but lets upper case the word to MAMZER and perhaps even bold the word to MAMZER and for emphasis lets italic the word to MAMZER.

It still provides little relief to those whose life savings have been stolen, those whose retirement were dependent on those ill fated investments with Madoff. Continue Reading…

S&P closes down 8.7% – A 106 point drop – the biggest one day drop since Black Monday 1987

NASDAQ closes down 9.1%-  biggest drop since the tech bubble burst in April of 2000

DOW drops 7%, largest % drop since 9/11LARGEST PERCENTAGE DROP SINCE 9/11. Biggest point drop ever of 778 points.

Crude oil drops 10% Continue Reading…