Market Nosedive

The market continues to nosedive this week.  Lots of market value has been lost by folks.  I'm down $7000 just since last Wednesday.  But, now also serves as an opportunity for many people as well, right?  Some real value can be had over the next few months as interest rates continue to climb and inflation heats up.  In December, I blogged about keeping my money in cash for the better part of this year in order to be prepared for some bargains.  It looks like I may be fortunate to make some deals in the near-term.  I'm guessing we'll see both interest rates and inflation continue to rise over the next 18 months.  Real-estate will of course be affected.  Ahh, the beauty of a free market economy.  Boom-bust-boom-bust.  I had a wonderful economics professor in college that told us in order to thrive in a capitalistic economy we must always prepare ourselves for the down times by stockpiling during the good times.  Those who live in a perpetual state of "things will always continue to get better for me financially", yet never plan for days of drought are destined to fall prey to an unforgiving beast named capitalism.  Good Luck.