Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, July 02, 2007

Too Rich For My Blood

A Park Avenue commercial building in New York sold today for $1589 per square foot! I wonder if I can get that kind of appraisal for my Mississippi real estate. It's true what they say... location, location, location. There were other deals in the Big Apple today, causing Wall Street to respond positively, despite the news from Britain. Stocks added about 1%, leaving investors to ask, "What summer slump?" DJIA +126.81 NASDAQ +29.07 S&P 500 +16.08