Tag: financial investing
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Can Bank Fraud Cases Harm the Economy?
The recent string of lawsuits pressed by the government against the country’s big banks might have been unheard of in the days of King Solomon, but the wise king’s words on evildoers and liars still apply. The ways of the Lord include wisdom and “keeping the paths of justice, and guarding the ways of saints,…
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Why Do Lenders Say Yes – Or No?
One of the essential principles of prosperous living, as King Solomon tells us in his Proverbs is equity – dealing fairly and evenhandedly with others. But in the complex and confusing world of mortgage lending today, equity seems nowhere to be found, as lenders accept – or deny – loan applicants for reasons that aren’t…
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A Quantitative Easer Speaks the Truth about the Stimulus
Speaking truth reaps rewords from heaven, King Solomon tells us in Prov4rbs 10:21: “The lips of the just teach many.” That may be more important than ever in today’s complex world of information overload, where the truth about major financial misdeeds might never be known unless an insider comes forth to tell it. That’s what…
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Caught in Snares, Bank of America Pays Up Again
“The unjust will be caught in their own snares,” says King Solomon in Proverbs 11:6. And the wise King’s famous comment on the wisdom of right living still holds true, as yet another bank fraud settlement finds US megalender Bank of America caught in another multimillion dollar snare of its own making. The newly-settled case,…
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VA Loan Loophole Creates Investing Opportunities
King Sokmon’s advice on money management hinges on prudence, wisdom – and seizing opportunities at the right time, as we see from the famous lines of Ecclesiastes 3: 1-8, which tell us that there’s a time for everything under heaven. For veterans of the US military services, Veterans Administration loans can open up opportunities to…
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Is Gold a Prudent Investment Today?
In his many proverbs about what’s important in life, King Solomon reminds us that wisdom and prudence rank far above worldly riches, silver and gold. Today, too, as the price of gold continues to fluctuate, market watchers are raising questions about the place of gold – and the so-called “gold standard” will have in today’s…
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Can Vampires and Zombies Stall the Housing Recovery?
Vampires and zombies may be hot Hollywood properties, but King Solomon advises against believing such things are real. But the housing collapse of a few years ago did create large numbers of so-called “vampire “ and “zombie” properties that are very real indeed – and this backlog of unsellable foreclosures could slow down the housing…
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Younger Investors: the Do It Yourself Generation
King Solomon’s words on wisdom urge the young to listen to the counsel of parents and other wise elders. “My son, hear the instruction of thy father, and forsake not the law of thy mother,” he says in Proverbs 1:8. Now, a new study of three generations of investors – baby boomers, the fortysomething Generation…
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Do Nuisance Laws Punish the Wrong People?
King Solomon tells us that to live a blessed and prosperous life, it’s essential to keep away from those who do wrong and unjust things. “My son, “ he says in Proverbs 1:11, “If sinners shall entice thee, consent not to them.” From the great King’s time to today, communities have created laws and ordinances…
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Online Auctions: Risky or Prudent for Investors?
For everything from livestock to acreage, auctions have been around a very long time. Now, although those “real world” auctions are still operating, the auction process has moved to cyberspace – and online housing auctions are claiming a sizable number of real estate transactions. Online auctions offer an easy way for lenders to dispose of…