This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Most Crucial Home Fix-Up Tips for Bear Market

Times are tough no matter what's in your retirement portfolio, and some projects simply need to get done.

That kitchen you put off remodeling last year? The carpeting you were going to replace with the 2008 holiday bonus? Unfortunately, wear-and-tear on your house occurs no matter what the state of the economy or the real estate market. You can put it off for a while, but eventually you're going to have to deal with it.

Here are some money-saving tips for home fix-ups in a bear market.

Save it: It wasn't that long ago that using recycled building materials was considered a little strange. Why would you want to use someone else's kitchen sink or even their old toilet?

Then some designers picked up used, expensive fixtures, paneling, flooring, countertops, etc., and showed on TV that you could live very well with someone's old construction throwaways.

Most cities have at least one dealer who specializes in used materials, so go in and be ready for a treasure hunt. Amid the dented, chipped porcelain sinks you may find a perfect copper for your kitchen.

Re-do's: Hardwood floors scratch, stain and develop "character" over time. But when they get too worn, lots of people look longingly at flooring shops and want new planks installed. But before you get that far, think about having the floor refinished. At half the cost of a new floor, you can change the color of the wood or make it look like new.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $124.75 0.00%
FB $80.78 0.00%
GOOG $524.05 0.00%
TSLA $206.79 0.00%
YHOO $44.45 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs