“It has been a year since the stock market hit a high in October 2007. Since then, the financial picture has changed drastically.
Hundred-year-old investment banks have disappeared. Trillions of dollars of wealth has evaporated. Residential real estate has dropped in value by more than a third in some places as foreclosures have skyrocketed. Some of those who had counted on a lifetime of savings to provide an…”
you can read the article at: http://www.boston.com/realestate/news/articles/2008/10/15/surviving_the_crisis_6_rules_to_live_by/?s_campaign=8315
