After the Dot-com-bubble from 2000-2003 decreased market values by nearly 50% sending hundreds of thousands of retirees back into the workforce, the banking industry systemically lowered mortgage qualification standards and drew more artificial value into the markets creating a housing bubble. They washed their hands of the mess and sold these mortgages as bundles of “mortgage-backed securities” to investors, largely retirees, who again lost more value when the housing bubble burst. Let me know when you’re ready to learn about non-banking-centered growth of your savings.
Contact me and we’ll begin that conversation: PH: 209-651-0809 or davidpandone@gmail.com
