Money $ense
It is a popular belief that the only way to make your money grow is to get higher rates of return. Every time I hear “higher rate of return,” I ask a question: “Who is at risk, you or the one making the recommendation?” There…
The Whirlwind Tour of Becoming Your Banker
Hop in a taxi in an unfamiliar city. Tell the driver an address and sit back and "relax". Really! Who is in control? Where will you end up? How will you know the fare is appropriate?
All these thoughts came to me a while back when,,, you guessed…
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Warning! Ignore at your own peril.
My friend and colleague traveled through a canyon near his home. Part way through the passage, traffic came to a halt and he found himself, along with many other drivers, waiting for the cars to proceed. Eventually, as the traffic began to creep…
What a Joke! 3% Inflation? Are you kidding?
This morning during my self-required 30 minutes of reading about the financial world, I came across an interesting story. The authors of the story had an overt agenda of trying to portray the current administration's first five years in the…
The New American Nightmare
Americans' confidence in being able to retire comfortably is at a record low, despite official government statistics that the economy is showing signs of improvement and the stock market hitting record highs. Call it the new American nightmare:…
The question of Collateral
Continuing our journey to find the perfect investment (See questions on page 2), let’s discuss question 10 about collateral. Would the following be of interest using a savings account? Does your savings account have this feature?
Let…
To Control Or Be Controlled!
You want control. Control of your life, your money, your thoughts, your wealth, your appetites, your desires and passions, etc. Control is the thing. It is prudent to keep the main thing the main thing.
The late statesman H.I. Mencken…
Trust the Corner Banks?
As an American I value what people before me have done in providing me an opportunity to pursue my life's dreams. I am sadden however, that too many do not have the freedom to search for those dreams. Why not? Because they are in financial bondage.…
12 Characteristics of the Ideal Investment
There are many aspects to what makes an ideal investment (I have listed some of them below). The five most important are discussed more in depth here. For a quick overview of what you should think about keep on reading!
What Makes the Ideal…
