How bad is the economy going to get?
I know this has been brought up before but now that areas have been declared "declining markets" and HELOCs have been taken away, I'm wondering: Is the worst over? Or is there more trouble on the way.
How do we protect our assets? What should a couple with 2 young kids, and (aside from the mortgage) very little debt invest in? We are able to save for retirement and college. And our 40 year old house is in good shape. We have a 30 yr fixed rate mortgage with a decent interest rate. No HELOC.