EXPLODING DEBT LOAD FOR BUNCH OF FREELOADERS New York Post By CHARLES HURT - INSIDE WASHINGTON February 27, 2009 WASHINGTON - Emblazoned on every page of President Obama's budget are the words: "A New Era of Responsibility." That would be a responsibility for you to...
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Texas Lease Options
Monday, February 23, 2009 Written by: David J. Willis, Attorney at Law Lease-Options have become very controversial over the past few years, and the state of Texas in particular has taken very aggressive steps to regulate the industry. Investors who are contemplating...
Thou Shalt Borrow to Maximize Leverage and Accelerate Wealth Creation
Conventional wisdom says to avoid debt like the plague BUT certain types of debt, when used properly, can make you incredibly wealthy. Another word for debt is leverage. A concept that many people have a difficult time wrapping their brain around is that the careful,...
Thou Shalt Be Area Agnostic
Area Agnostic™? That’s a catchy little phrase and just happens to be part of Jason’s 10 Commandments of Successful Investing. Coming in at #7 is Thou Shalt Be Area Agnostic™. What does that mean? In simple terms, don’t fall in love with one area or market. By now you...
Thou Shalt Diversify
While most prudent financial advisors are correct to tell you to diversify your investments, they do you a disservice to confine you to a range of lame assets like stocks, bonds, and mutual funds. It might surprise you to learn that stocks, bonds, and mutual funds do...
Thou Shalt Not Gamble
The past few days we’ve been reviewing Jason’s 10 Commandments of Successful Investing and we’re up to Commandment #5 – thou shalt not gamble. If you missed the first four, scroll back a few days and you can catch up quickly. Why pay attention to these ideas? It’s the...
Thou Shalt Use Prudent Financial Planning Techniques
Throw five darts in a crowded bar and you’ll likely hit five different people with just as many various philosophies on investing. What’s a great investment technique for one person might cause instant cardiac seizure in another. That’s where Jason’s 4th Commandment...
Thou Shalt Maintain Control
Wisdom from a 92 year old grandmother: “The hardest ship to sail is a partnership.” That leads us directly into Jason’s 3rd Commandment Of Successful Investing. Thou shalt maintain control of your investments. Don’t put the reins in another person’s hands or any...
How Much Inflation Will We Have? LOTS!
Fed offers unlimited support Fed to offer dollars to Bank of England, European Central Bank and Swiss National Bank to lend to private banks. By David Goldman, CNNMoney.com staff writer Last Updated: October 13, 2008 NEW YORK (CNNMoney.com) -- The Federal Reserve...
OUCH! Why Dow 3,931 is “Fair Value”
Why Dow 3,931 is "Fair Value" Based on GAAP Earnings Two weeks ago I wrote an article "Why Dow 6,586 is "Fair Value" (or very overvalued!)" But that's only another 16% decline. That can happen in a single day or week! Today I'm here to tell you that the market can,...