Tag: Book of Proverbs

  • New Bank Fraud Settlement, New Lending Rules?

    Along with his wisdom and devotion King Solomon was known for his fair judgments, best shown by his handling of that famous case in which two women claimed motherhood of the same child. Solomon proposed cutting the child exactly in two, which revealed the real mother. Today, some measure of fair judgment is coming in…

  • After the Shutdown, Whither the Dollar?

    King Solomon made it clear in his Proverbs that wisdom and prudence are more precious than silver and gold. Today wise investors and market watchers around the world are keeping an eye on what’s happening to the modern equivalent of that gold and silver – the international money market, and more specifically the dollar, as…

  • Should Parents Teach Kids About Investing?

    King Solomon believed that wisdom begins at home. Many of his Proverbs are directed toward the younger generation: “Hear, ye children, the instruction of a father, and attend, that you may know prudence. I will give you a good gift, forsake not my law.” (Proverbs 4:1) In today’s world, too, parents who want to raise…

  • Go to the Alpine Swift, Investor

    “Go to the ant, o sluggard,“ says King Solomon in a famous quote from Proverbs 6:6,” and consider her ways, and learn wisdom.” We humans have aloway looked to animals for inspiration and guidance in managing our affairs. Now, the Alpine Swift joins the King’s famous ant and many other models from the natural world.…

  • The Debt Ceiling Debate: Is Housing At Risk?

    “Wisdom hath built herself a house,” says King Solomon in Proverbs 9:1. And as the government’s shutdown continues, new concerns about the fate of the federal debt ceiling remind us that Solomon’s connection between a house and stable prosperity still holds as true today as it did in the time of the great King. The…

  • 10 More Words for Wise Investing

    King Solomon’s words on wise money management in the Books of Proverbs and Ecclesiastes echo down the ages with timeless advice for modern investors too. Today, successful people including a sports legend, an automotive pioneer and a real estate expert join the King to offer a textbook’s worth of financial and investing wisdom in a…

  • Are You Still Making These Three Investing Mistakes?

    It’s clear that King Solomon’s advice for successful and prosperous living hinges on the twin virtues of prudence and wisdom – and in a world filled with advice from all sides about the best ways to manage money and get rich from investments, they’re important watchwords for today’s money managers and investors. But even prudent…

  • 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 Power of Social Media: You Are Your Profile

    In King Solomon’s day, social media was most likely word of mouth. But in today’s world, the power and reach of social media sites can’t be denied. As a recent court ruling in one of the many lawsuits against Bank of America demonstrates, the line between your real self and your online profile is a…

  • Banks Turn to Automated Assessments to Skirt Liability

    In a complex financial world filled with so many pitfalls and variables, prudence, as King Solomon so often reminds us, is the watchword. And now, somewhat belatedly, the nation’s large (and small) lending institutions are learning the value of this old virtue. As lawsuits against major banks continue and the provisions of the Qualified Mortgage…

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