Tag: financial management
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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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Fannie Mae’s Lawsuit Exposes Banking’s Wicked Plots
Among the things the Lord hates, as King Solomon tells us in Proverbs 6:16-18, is “a heart that deviseth wicked plots.” And a new lawsuit filed by mortgage megalender Fannie Mae against several major US and foreign banks for illicit acts involving international LIBOR rates points up the fact that the “wicked plots” hatched by…
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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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The Stimulus Continues – But Interest Rates Rise
As many of his well-known proverbs attest, King Solomon advised action tempered by prudence and wisdom. “Say to wisdom: Thou art my sister: and call prudence thy friend,“ he tells us in Proverbs 7:4. Now in what’s intended as an act of prudence after the government shutdown, the Federal Reserve has opted to continue its…
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5 Investing Tips From Rich Investors
Very wealthy investors get – and keep – their money flowing with conservative strategies that echo the best investing advice from King Solomon, a very wealthy monarch in his own tight. Even the flashiest entertainer or entrepreneur builds wealth by exercising a combination of wisdom and prudence, Solomon’s own essential virtues for living a prosperous…
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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…
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The Shutdown's Over: Now What Happens to the Stimulus?
There’s a time for every purpose under heaven, says King Solomon in Ecclesiastes, chapter 3. And as financial experts assess the damage done to the economy by the recent government shutdown and a dollar that’s dropping in value, the Federal Reserve has decided that there’s still at time and a purpose for staying on track…
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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.…
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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…
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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…