Stocks Take a Giant Step

Again, there are signs of the recovery already under way. The news was focused on the stock market yesterday as significant gains were made with investors' confidence soaring due to better-than-expected quarterly results. The Dow Jones industrial average gained 2.1% closing at it highest point since November 5. The Nasdaq composite gained 2.5% and closed Thursday with a run of 12 consecutive positive sessions, the longest winning streak since January, 1992. Companies in nearly ever sector are beating expectations, even Ford Motor recorded a second quarter profit. AT&T reported earnings that topped estimates, as did 3M. We of course still have a long way to go, but it does seem the threat of a depressions and a long recession seems very unlikely at this point.

With confidence in the investment markets and the real estate market beginning to see gains, it may just be time to jump back into the housing market. Fractional ownership is the smart way to purchase a second or vacation home. The fastest growing ownership concept can also be an excellent way to invest in real estate. For more information regarding fractional ownership, call The Ridges at Tellico Lake, 1-877-Tenn-A-See (836-6273). The Ridges is offering two gorgeous mountain getaway homes with spectacular Smoky Mountain views from just $149,000. This award winning gated community is the ideal fractional getaway, yet close enough to Knoxville, Tennessee so all residents can enjoy the nightlife and cultural events.

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