I am taking a hard look at refinancing again! I know you think I am late to the party, but Au Contraire Mon Ami. My mortgage balance (approx $60K) is so small that I am penalized when I refinance. Banks are not exactly thrilled with me. That is okay, I am not exactly thrilled with them. I am used to being wined and dined by bankers with perks ...
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Loans for High Risk Borrowers
If you have a bad credit history, or are considered a high risk borrower, getting a loan without any hassle may be next to impossible. People who have a poor credit history may simply get rejected by lenders, or if they do get accepted, the lender usually asks for so many documents, that it becomes next to impossible for the borrower to arrange ...
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Friday Night Links: Noncents Edition
When does nonsense become noncents? Nonsense is a communication via speech, writing or any symbolic system that lacks any coherent meaning. Noncents is a new word that I formed to describe anything that relates to money that makes no sense or is absurd. The process of forming a new word on the basis of an existing word is called derivation. ...
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The 3 P’s of Success
The 3 P’s of Success is the sixteenth in a series of articles to help you reach your goal. What are your goals? I know you thought about it! You know, it is your dream, wish or resolution you made! Before you can get to where you want to be, you need to know where you are going. You wouldn’t get on a bus, train or plane without knowing where it was ...
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A Different Investment Strategy
An investment strategy is a set of rules, behaviors or procedures, designed to guide an investor’s selection of an investment portfolio. Although I will share some of my investment strategies, I will leave it up to you to figure out what to do. I believe in multiple income streams and assets that grow despite the fickleness of the stock market. ...
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The 3 N’s of Success
The 3 N’s of Success is the fourteenth in a series of articles to help you reach your goal. What are your goals? I know you thought about it! You know, it is your dream, wish or resolution you made! Before you can get to where you want to be, you need to know where you are going. You wouldn’t get on a bus, train or plane without knowing where it ...
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The 3 L’s of Success
The 3 L’s of Success is the twelfth in a series of articles to help you reach your goal. What are your goals? I know you thought about it! You know, it is your dream, wish or resolution you made! Before you can get to where you want to be, you need to know where you are going. You wouldn’t get on a bus, train or plane without knowing where it ...
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Get a New Mortgage before It’s too Late
Is it too late to get on board with a new mortgage? I cannot turn on the TV or the radio without hearing a commercial for a mortgage. Houses are selling at much lower prices in the last few years and these low interest mortgages make it even more affordable. It seems we hit bottom and they are starting to creep up. Should you wait or act now? ...
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The 3 G’s of Success
The 3 G’s of Success is the Seventh in a series of articles to help you reach your goal. What are your goals? I know you thought about it! You know, it is your dream, wish or resolution you made! Before you can get to where you want to be, you need to know where you are going. You wouldn’t get on a bus, train or plane without knowing where it ...
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I Love Taxes
I love taxes which is a huge paradigm shift for me! I used to hate taxes so much that I used the tax code to reduce my taxes to zero. Yes, that is right, I paid zero taxes for a very long time legally! When you invest in assets, you can depreciate them and use depreciation to reduce your taxes. Is that the only way to reduce your taxes? No, ...
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