27th October 2009
Business, that's easily defined - it's other people's money.
Peter Drucker
It's tangible, it's solid, it's beautiful. It's artistic, from my standpoint, and I just love real estate.
Donald Trump
A simple rule dictates my buying: Be fearful when o...
14th October 2009
In parts 1 and 2 we reviewed wealth principles, how a mortgage works and the conventional prepayment plans commonly available to consumers. Those prepayment plans pale in comparison to this one:
The Down-payment Secret Weapon
What is a down payment...
31st August 2009
In part 1 of this series we reviewed how mortgages work, that a home is not an asset and the principles of wealth creation. Here are the Principles of Prosperity in review:
1. THINK - Owning a prosperity mind-set eliminates poverty; scarcity thinking ke...
30th August 2009
In 1997 I picked up my first personal finance book, The Millionaire Next Door. I had heard that the book revealed to the world that millionaires were cheap folks who drove old cars and didn�t send their kids to college. Nothing could have been further...
11th July 2009
Part 1: A Primer on Wealth Creation and How Mortgages Work.
The personal finance literature is replete with tips to assist you with paying off your mortgage sooner than the standard 30-year amortization period. Most of these tips rely on bank-sponsore...
04th June 2009
Philosophy is defined as the most general beliefs, concepts and attitudes of an individual or group. A financial philosophy, therefore, is the development of general beliefs and attitudes as they relate to money and business transactions.
I began to t...
18th May 2009
You have been diligently saving into your 401K and looking forward to your retirement. You are 57 years old and you open your statement. You�ve lost half of your retirement investment. Suddenly retirement has been pushed back beyond age 65 and you wi...
08th May 2009
The �p-word� is Porno and Zack and Miri, life long friends decided to make one. Busted and broke, Zack thinks it would be an easy to make a porno and make money. Miri thinks that if it were easy, everyone would do it. Zack raises the money, finds a...
13th April 2009
It is time for a new Television show, Bulldoze That House! The theme for the show could be done to the tune of Elvis Pressley�s Viva Las Vegas; that gambling town. For gambling is what many home owners have done over the last four years; supplementing ...
03rd February 2009
I am sitting here in my office looking over the book titles I have purchased and read over the years. Wealth Cycle Investing, Cash Machine and The Truth About Money are titles that jump out at me. There are many, many others.
Why did I buy those book...
23rd January 2009
You are fed up, you don�t like the way the economy is going. The value of your 401K is shrinking and your heart tells you not to follow the popular advice to invest for the long haul. You have to work overtime to pay for last year�s Christmas; you d...
27th March 2008
First the Disclaimer: This is a thought-provoking article that draws upon real world examples, articles, books and websites that are readily available to the public. This article is not intended to offer investment advice. Any actions that you take in ...
25th March 2008
In steps the Stock Market, promising higher returns than stodgy old bonds, and money market accounts; hence, the stock market became the destination of choice for retirement savings and Wall Street responded by increasing the offerings to retail consumers...
17th March 2008
First the Disclaimer: This is a thought-provoking article that draws upon real world examples, articles, books and websites that are readily available to the public. This article is not intended to offer investment advice. Any actions that you take in ...
25th February 2008
Nine out of 10 people who fill out a network marketing application will fail to build a viable business. Among that number will be people who do not take action and people who build a business yet experience a true business collapse.
The oft-quoted sta...