Holistic Survival
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Things beginning to look up? Uh, no.

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The Obama administration would have us believe that the worst of the recession is past and solid signs of recovery are lurk just around the corner. That must be a pretty darn big corner. Job losses reached a 26 year high, as continuing unemployment set the table for the sixth straight month of foreclosure filings exceeding 300,000 in the US.

Which states are the worst? According to RealtyTrac.com, Nevada leads in August with 1 in every 62 households going under. Florida was next with 1 in every 140, followed by California with 1 out of every 144 households getting the bad news.

Does this sounds like an economy poised for a rebound? We don’t think so. However, investing in newer foreclosures is an excellent response for your portfolio. It’s the perfect opportunity to buy packaged commodities at deep discounts. Remember yesterday when we talked about the burgeoning Chinese and Indian middle class driving up commodity prices? Here’s your chance to buy those commodities on sale.

But don’t go out and snap up as many foreclosures as you can buy in the three states we just mentioned. Those are NOT good areas right now. To find areas ripe for investing, check out our sister website at www.JasonHartman.com. Our investor network specializes in locating rental properties that make sense the day you buy them. We call it The Complete Solution for Real Estate Investors and it can create incredible wealth for you even while inflation lurks over the horizon.

The Holistic Survival Team