Tag: financial investing
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Growing Pains for the Bitcoin
What would King Solomon think of the Bitcoin? That wise monarch, whose words of wisdom about money have guided many to prosperity, lived in a world where money consisted of gold, silver and other exchanges of physical things – a tradition that continues to this day. The upstart digital currency, the Bitcoin, aims to change…
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Internet Tools Let Buyers Take Charge
Last year, a majority of homebuyers surveyed said they’d used social media and online tools to buy a home – an increase of a third over the previous year. As more and more real estate transactions are moving to cyberspace, buyers and sellers are using online marketplaces, listing services and review sites to take control…
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Flip Houses, Get Rich? Not Necessarily
King Solomon advocated a slow and steady approach to crating prosperity. “Go to the ant, o sluggard,” he advises in Proverbs 6:6, because the ant works hard and regularly throughout the seasons to store up needed food. Building wealth in real estate works the same way. House flipping doesn’t build long-term wealth, as a family…
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Overseas Radio Network: the Voice of Prudence for American Expatriates
One of the most important virtues in the Proverbs of King Solomon is prudence – cautious action based on wisdom and wise advice. “To understand the words of prudence,” he says in Proverbs 1:3. And, as we’ve pointed out in these posts before, prudence is an essential ingredient of successful financial choices. Now, as more…
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Seeking Justice? Landlord-Tenant Disputes Clog the Courts
One of the most famous stories about the fabled King Solomon’s wisdom involves two women who come before him in dispute over who is the true mother of an infant. As all followers of the great King’s wisdom know, Solomon proposed to solve the dispute by chopping the child in two, a strategy that exposed…
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Tapping IRAs to Fund Investments: A Prudent Choice?
“Old age is a crown of dignity, when it is found in the ways of justice,” says King Solomon in Proverbs 16:31 – one of his many proverbs about reaping the rewards of a wise and careful life. But many Americans nearing retirement age haven’t saved enough to retire and enjoy the rewards of that…
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Why the Loan Slowdown?
King Solomon, that wise and wealthy monarch, advised the rich to deal fairly and kindly with the “little guy.” “He that showeth mercy to the poor shall be blessed,” he says in Proverbs 14:21. Getting the nation’s big mortgage lenders to show some fairness to the victims of mortgage fraud and new loan applicants has…
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Fannie Mae and Freddie Mac: an Uncertain Future?
King Solomon advocates prudence in all things, and that includes patience and discernment about decisions. “Substance got in haste shall be diminished,“ he tells us in Proverbs 13:11, and that’s a truth reflected in the rollercoaster rise and fall of stock in government lenders Fannie Mae and Freddie Mac, whose fortunes soared dramatically and dropped…
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Going Green: the Natural Choice for Wise Investing?
In King Solomon’s many teachings about the importance of wisdom and right living, he often turns to the natural world for examples. ”Deliver thyself as a doe from the hand, and as a bird from the hand of the fowler,” he says in Proverbs 6:5-6. “Go to the ant, O sluggard, and consider her ways.”…
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Employment Gains May Slow the Federal Bond Buyup
“The slothful hand hath wrought poverty,” says King Solomon in Proverbs 10:4, “but the hand of the industrious getteth riches.” Encouraging news on the US employment front means more opportunities for the industrious and a boost for the economy as a whole – so much so that the Federal Reserve is announcing yet another change…