A December survey of more than 100 economists, real estate experts and investment and market strategists reflects growing optimism in the housing market. "The biggest unknown for housing in 2013 is whether banks will increase their foreclosure rate. From what he's hearing from industry insiders, that won't happen in the near term," says Christopher Jones of Sparrow Wealth Management in Las Vegas.
In The News
There are various ways for investors to get involved with the independent film industry. However, investing in independent films is high-risk. "Such investments are best suited for people who have between $5 million and $10 million in net worth," says Christopher Jones, a fee-only financial adviser in Las Vegas.
Most Americans worry about running out of money. That concern explains the popularity of annuities—financial products designed to generate steady cash flow. But today’s annuities are different from yesterday’s pensions, says Christopher Jones, CFP, president of Las Vegas-based Sparrow Wealth Management. “Commercial annuities can certainly help some meet their retirement income needs, but these products can also be very expensive and complicated,” he said. “They certainly are not for everyone, and choosing the right one is crucial.”
Christopher Jones, CFP of Sparrow Wealth Management, which has offices in Easton and New York, said confidence seems to be carrying the day. "There are things that have people concerned but overall the feelings of confidence are carrying the market forward. "
Christopher Jones of Sparrow Wealth Management in Easton agreed that the election that gave Republicans control of the House bodes well for the market. “Compromising on extending the Bush-era tax cuts and keeping tax rates low is a good thing,” he said. Given the economy, he said, “right now is not the right time to be raising taxes.”