Saturday, March 27, 2010

Tax helps to sell

With the help of tax credit more and more buyers choose a house or they are interested in buying property. The credit has increased the sales all over the country from Texas to Maryland. Everyone wants to purchase a house which has low mortgage rate, low price and besides the government is giving your some help. They promise the expiry date of the tax credit would be in November, but it was extended up to April giving more opportunities for potential buyers to choose a place of living.

So if you are the first time buyer and you haven’t had any property for the last 5 years, you should miss your chance to get a good house in your favorite surroundings. Why not to use such a chance when the government is ready to give you a hand? Who knows when it’s going to happen next time?

Monday, March 8, 2010

The worst investment

From economic point of view buying designer clothing from the latest collection is not a clever decision. And it's not an investment for sure. In  a few weeks the same Cavalli dress or Prada shoes will cost less, much less. Designer boutiques start decreasing prices very soon. They sell for high price for just one month and after this they start decreasing prices. Usually they start from 10-20% and in 2-3 months you can buy the same D&G shirt for 2 times lower prices. The collection of the previous season can cost even less - everyone can buy the same original Armani T-shirt or Burberry shirt with 70-80% discount.

And don't forget about online stores that provide additional discounts because they don't have some fixed costs that traditional boutique has... So, designer clothing is the worst investment... but so chic and stylish!