For many Americans, building true wealth might seem elusive, even illusory considering that many people, who very recently were sitting on six and seven figure 401k plans and home equity values, now feel unprepared for retirement. The lessons learned from the financial crisis is that wealth can be fleeting.
With interest rates still hovering near historic lows and the credit crisis a fading memory, the stars may be aligned for auto buyers. However, few things can cause more angst than trying to find the best deal on a new car and securing the best auto financing which, next to house, can combine to become the most expensive purchase people make.
With home values finally recovering from their steep declines of the last half decade, and interest rates still hovering around their historic lows, homeowners are, once again, looking to their home equity for financing.
DFA just came out with an article that provides a way to view all those predictions you'll be hearing over the coming weeks. You can view it by clicking here.
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