Friday, December 31, 2004

Into The Future

COMMENTARY AND MUSINGS ON THE COMING YEAR by Don Browne

After a year of disasters including U.S. hurricanes and Indonesian tidal waves and earthquakes, the future will be mostly brighter. 

More and more countries will become more sensitive to the needs of the poorest of the poor around the world. 

While the U.S. economy has been "iffy" for many people during the last several years, those who have had held onto heavy security investments will be counted among those who will be labeled "survivors" and profit greatly after years of market indecision. 

On the other hand, those families with low incomes will find the going a bit tougher as unemployment rises among that group and their debt in credit cards rises, and the coming increase in interest rates will certainly put them farther behind. 

If you have debt, pay it off as soon as possible, starting with the highest interest rates you have. 

The average person's goal this year should be to become debt free with the possible exception of mortgage debt.

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