Post image for Are You a Genius or a Fool?

“Any intelligent fool can make things bigger and more complex… It takes a touch of genius – and a lot of courage to move in the opposite direction”. (E.F. Schumacher)  Do you move with the herd?  The real estate bubble and recession wrecked a lot of financial goals and plans.  Wait, the stock market is back, stronger than ever!  The real estate market is coming back too.  What did you do? Read More…

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Post image for Is There a Right Time to Buy Real Estate?

The real estate market is booming.  Some prices are up to pre bubble prices.  Is it too late to buy real estate?  The short answer is no!  My theory is prices are always higher than you like it.  If you are one of those people who are looking to buy at the bottom, you missed your chance!  Interest rates are the lowest in sixty (60) years.  What are you waiting for?
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Post image for Gimme Shelter, Tax Shelter!

A home is more than a tax shelter!  You may live in a condominium, cooperative, townhouse or a single family residence.  Whatever the type of home, it is your primary residence.  It may be your first tax shelter!  A legal method of minimizing or decreasing an investor’s taxable income and, therefore, his or her tax liability.  Buying a home decreases your taxes, but there is more!

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Post image for How to Become Minimum Wage Millionaire

Can you earn minimum wage and still become a millionaire? The short answer is yes!  I am sure you have heard of so called poor people becoming millionaires, although not overnight.   I am not talking about professional athletes, entertainers or lottery winners.  I am talking about everyday people earning very little money and over time become millionaires.  Not just millionaires, but multi-millionaires! Read More…

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Post image for I Love Other People’s Money!

What is other people’s money?  When you buy real estate, you usually get a mortgage which is other people’s money.  It is a way of leveraging your down payment in order to buy an asset.  When you borrow money to buy a business, it is other people’s money. Whenever you borrow money to make an investment or financial transaction, you may be using other people’s money (OPM) in the form of a loan. Read More…

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Post image for What Is Forex Trading?

The foreign exchange (Forex) market is where currencies are traded.  It is no different than any other commodity.  It is the largest international market although there is no central market.  Why have a Forex market?  It is intended to facilitate international trade.  Although the U.S. dollar is the basis for a lot of trade, it is not the only currency.  In fact, the value of the U.S. dollar is based on other currencies. Read More…

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Post image for It Is All in the Details!

Do details matter? Have you ever taken something apart and when you put it back together you have a part left over?  It may or may not affect the overall operation, but it might!  Details are important, but they are not all equal!  I think it is the accountant in me that makes me pay attention to details. In accounting, everything has to balance just like in life.  Do details matter to you? Read More…

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Post image for I Think I Found the Ideal Dating Service!

In case you are wondering, I am not dating!  I just thought I should share some information about a dating service that answers the money issue.  You won’t have to ask your date about money because you will know their credit score!  As a service to my readers, I thought I would dedicate some time to discuss dating services and does it answer the real  question.  How is your FICO score? Read More…

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Post image for Extreme Retirement Is Fool’s Gold!

The usual definition for extreme includes words like serious, hazardous, dangerous, highest degree, exceptional, severe, physical or mental risk or hardship.  I realize that retirement as a goal may be worthwhile enough to take risks, but extreme may be too far.  Fool’s gold is anything that turns out to be worthless!  Have you gone to extremes for retirement savings?  Is it working for you?  Read More…

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Post image for The Lost Art of Handwriting

Handwriting has become a lost art!  Technology has changed our communication.  Simple communication of writing a letter or note is not something we do anymore.  We email, tweet, text, share on Facebook, post on a blog, post on a website, chat, connect online, or make a call on a cell or VOIP phone.  Technology changed everything!   Has the ability to actually write become obsolete? Read More…

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