Tag: financial advice
-
Set Investing Goals Solomon’s Way
The Book of Kings tells us that King Solomon was one of the wisest (and richest) people ever to have lived. That’s why his timeless words from the books of Ecclesiastes and Proverbs continues to guide the money management and investing decisions of thousands even today. The great King’s recommendations can help new investors master…
-
Investing Can Keep the Golden Years Golden
The golden years of retirement are the crown of a prosperous life, as king Solomon tells us, but for many Americans, uncertainties about finances and the future are tarnishing the luster of those hoped for years of security and comfort. When, how and even whether to retire at all are now questions that don’t have…
-
New Regulations May Crush Small Banks
King Solomon has harsh words about those who deceive and lie – and judging from the recent spate of lawsuits, the nation’s big banks certainly fit that description. But the sweeping reforms enacted in an effort to restore accountability in the finance industry may be having the unintended consequences of destroying many of the country’s…
-
Foreign Investment Heats Up US Housing
King Solomon was no stranger to investing across borders. The great King turned to his neighboring monarchs for the help and materials to build his magnificent temple and used trade and alliances to keep his kingdom secure. And today, as foreign investment in US residential real estate tops $7 billion, housing industry observers are debating…
-
Canceled Cards Can Harm Credit Scores
Credit cards may not have been around in King Solomon’s day, but the great King’s words about managing financial affairs with prudence and wisdom certainly apply today, when building wealth depends so heavily on a good credit score. And though it may seem wise to get rid of old and unused credit cards, financial experts…
-
The Bitcoin: New Currency for Cyber Crime?
In King Solomon’s day, silver and gold were the currencies of exchange – but worth far less than wisdom, in the wise monarch’s eyes. “Blessed is the man that findeth wisdom, and is rich in prudence. The purchasing thereof is better than the merchandise of silver, and her fruit than the chief and purest gold,”…
-
The Stimulus Sticks Around – For Now
Be like the ant if you want to prosper, says King Solomon in Proverbs 6:6.”Go to the ant, o sluggard,” he says, “and consider her ways, and learn wisdom.” With the ant as a metaphor for prudence and foresight, today’s investors are taking advantage of the Federal Reserve’s latest move to keep its massive securities-backed…
-
3 Keys to Making Safe Mobile Transactions
King Solomon’s watchwords, prudence and wisdom, are just as relevant to today’s technology filled world as they were in the days of the great King. And as new devices make it easier to manage your money wherever you go, a little prudence and wisdom can prevent identity theft and account hacking when you’re shopping or…
-
7 Quotes for Prudent Investors
As we see from his Proverbs, the great King Solomon’s words for successful money management are simple: acquire wisdom, act prudently and plan for long term gain. And those ageless principles are echoed in the words of today’s market watchers, who weigh in from a variety of perspectives with advice remarkably similar to that of…
-
QM Rule Updates May Help Housing Recovery
King Solomon’s views on deceitfulness and unfair dealing are clear. Many of his Proverbs warn of the need to avoid the wicked and behave wisely in order to prosper – and that’s why his words guide money management even today. Now, proposed changes to the upcoming Qualified Mortgage Rule may end up applying the King’s…