CHESSNOID

Random Noid Musings

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Credit scores really don’t matter anymore

I had perfect credit and a great credit score, but in this economy I don’t think FICO no longer applies.  I have had credit limits reduced and inactive credit cards canceled.
Creditors are not using the traditional 3 C’s in determining who is credit worthy.  (The 3 C’s of credit refer to Character, Capital and Capacity).  [...]

Stock market misses Santa rally

I think we have had 5 down days but mostly on low volume.  I really thought we would rally up just because the mood has been dour.  All things considered, the markets are holding up well and we are far from the 7,000 DOW level which seemed to be upon us not long ago.
These were [...]

Positive negatives

I guess it could be like a PollyAnna game where you are glad that things for what you do have because it could be worse.  It is good to focus on all the good things in your life that way you appreciate them more, and not focus on the bad things in your life which [...]

Housing bust bottom

The reports coming out says it is bad and the worst since the Great Depression.  I don’t know if that is true, but if you are a real estate agent it must feel that way.  The source of our recession stems from the housing bust and until that bottoms out I don’t think the economy [...]