The financial markets are in turmoil. Some banks are going through difficult times, as recent happenings at the Northern Rock and Bear Sterns demonstrate. Some analysts fear that the worse is yet to come as US dollar rates fall and interest rates throughout the world are turning down, producing lower returns on investment.
If you have money on the stock exchange you will find that although most stocks are still producing income, the capital value of them is declining as markets fear that the financial turmoil will hit equities. Property values are falling. Turmoil in the world financial markets causes turmoil in the economies of individuals. Your savings, with which you hoped to provide for your old age, are growing less valuable, your house is getting less valuable, and your income from your savings is declining and in some cases moving into negative areas. It can be hard to figure out what you should do. (more…)
Filed under: carbon emissions, climate change, electricity, energy, genersys, Northern Rock, solar, solar energy, solar panels | Tagged: affect on house prices, bear sterns, ethical investment, falling rates, financial turmoil, HIPs, home information packs, how to calculate return in onvestment for a soalr therm, payback | 2 Comments »