WMAL It's Your Money Financial Expo 2006
Johnson Center, George Mason University, Fairfax, Virgina,
2006.04.08
I attended the WMAL “It’s Your Money” Financial Expo today.
The expo was held in the Johnson Center at
George Mason University. There were many concurrent sessions to
choose from, of which I attended the following:
|
10:00am- 10:50am |
Main
Auditorium
What’s Going to Happen Next in the Local Real Estate
Market? An Economic Forecast
Dr. Stephen Fuller
The area’s economy’s has been leading the nation so far this
decade. Our strong economic and job growth have produced
record-setting increases in housing price and sales, but the
housing market peaked last year and has already begun to
decelerate. Why have our economy and housing market
performed so well, and what are the prospects for the next
several years? What are the threats to our local economy?
Will the housing market improve in 2006? Learn about the
market norms that buyers and sellers should understand
before jumping into the market from Dr. Stephen Fuller, PhD,
the area’s foremost authority on the regional economy. |
|
11:00am- 11:50am |
Main
Auditorium
Money Talk: A Conversation with Bob Brinker
Bob Brinker
For 20 years, Bob has been there to guide you through the
bulls and the bears in the world of stocks. Join Bob and
Chris for a lively conversation |
|
1:00pm-
1:50pm |
Secrets of Buying or Selling Real Estate in Today’s Market
Jerry
Boutcher
The local real estate market has gone through quite a
roller-coaster in the past 12 months — from a red-hot
buyer’s market last spring to a very chilly fall and winter.
In this seminar, Jerry Boutcher, CEO of Monarch Title and a
recognized real estate authority, will explain the
psychology of every real estate transaction and show you how
to get the most from your next deal — no matter what the
market.
|
|
2:00pm-
2:50pm |
Main
Auditorium
Mind Over Money — The Mistakes People Make with Their Money
and How to Overcome Them
Ric Edelman
You’ve read financial books, attended investment seminars
and listened to radio shows about money. So why do you keep
making the same mistakes? How come you’re not rich yet? In
this entertaining session, filled with audience
participation, Ric will show you what psychologists have
learned in the new field of behavioral finance. You’ll
explore such concepts as Farming vs. Foresting, Quilting and
Accidental Anchoring — and discover how the human brain
plays tricks on you that prevent you from achieving
financial success. It’s Mind Over Money, and it’s unlike any
financial seminar you’ve ever experienced. |
|
3:00pm-
3:50pm |
Main
Auditorium
Panel:
Different Perspectives on Financial Planning
Ric Edelman, Stephen Fuller, Mary H. Lawrence, Jerry
Boutcher
Moderated by
Fred Grandy
Each decision you make has investment, legal or tax
implications. See from the experts how the many facets of
your financial issues intertwine . This panel event is
always the Expo favorite! |
After the session with Bob Brinker and Chris
Core, I had a chance to meet Bob Brinker, shake his hand, and ask a
question about getting new money into the stock market. He said that he
would be providing guidance on that subject in the MarketTimer
newsletter, and historically, we have experienced a buying
opportunity every mid term election year for the last 20 or so
years.
During the session with Jerry Boucher, he
talked at length about how the real estate market pendulum has swung
from the sellers market to a buyers market, and how some sellers are
having a hard time selling. He said that now is very good time to
buy, and no one knows how long the buyers market will last. During
the question an answer session with Jerry Boucher, I asked if he had
any advice for a first time home buyer that found it difficult to
convince himself to pay an outrageous price for a home it today’s
local real estate market. Jerry said that a house priced at $500k
today was probably priced at $400k a 3 years ago, and $300k 6 years
ago, and if I believe that house would likely be priced at $600k, or
more, three years from now, then it is just a matter of deciding to
get into the market. In other words, if I think the prices are
going to continue to rise, then the sooner I get in, the better.
Overall, the WMAL Financial Expo was great, with the highlight for
me being the talk with Bob Brinker.
Links:
www.bobbrinker.com Bob
Brinker
www.ricdelman.com Ric Edelman
www.cra-gmu.org Center for
Regional Analysis, Dr. Fuller, Director
|
