Tag: financial management
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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…
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The Government Shutdown Spares Mortgages
In King Solomon’s age of monarchs and principalities, government shutdowns didn’t happen, but his views on the obligations of rulers to make fair and reasoned decisions still stand, as the US government goes on hiatus for an indefinite period. While massive numbers of federal workers stay home and government programs across the country close their…
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Prudent Investors Benefit From New Mortgage Standards
Prudent money management, as King Solomon tells us in his Proverbs, involves protecting assets in the present while keeping an eye on the future. And today, as regulators, housing lobbyists and representatives of the mortgage industry negotiate the provisions of the Qualified Mortgage Rule; prudent investors looking toward their future find unexpected benefits in the…
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Are Virtual Banks Secure?
Online banking, offered as an extension of the traditional services offered by established brick and mortar institutions, has been around for a while. But now, as the world of e-commerce continues to expand, new virtual banks are appearing, offering all the banking services, security and safety of “regular” banks, but without a physical location. Faced…
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Americans Give Up Citizenship to Protect Assets
King Solomon’s words of wisdom for investors always emphasize prudence and foresight – ways to protect, but also increase assets for the future, like the ant in his famous Proverbs 6:6. For more and more Americans today, protecting assets means giving up citizenship to live abroad – thanks to changes in US tax laws targeting…
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Online Scams Follow Marijuana Legalization
With new opportunities come new schemes and scams, and a would be investor needs all the prudence and wisdom King Solomon advises to sort out the legitimate from the fraudulent. That’s especially important now, as the legalization of marijuana opens the door to a slew of investment opportunities, both real and fake. A recent CNN…
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5 Ways to Find Good Tenants
King Solomon’s ageless advice to combine prudence with wisdom makes sense for anyone making financial decisions today. And in the current hot rental market, the investor/landlord creating an income stream through rental properties is finding that a healthy dose of prudence applied to renting properties can head off costly problems later. That’s why landlords are…
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Take the Tour, Meet the Experts in Austin
One of King Solomon’s key pieces of advice for prosperous living was to seek knowledge from the wise and experienced – a recommendation that’s just as valid today. And this September, participants in Jason Hartman’s Austin Executive Property Tour will get a chance to do just that, as a team of local property experts and…
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Housing Lobbyists Force Changes in Mortgage Lending
Along with prudence and wisdom, King Solomon’s proverbs show that the great king also prized justice and equity. In the tangled aftermath of 2008’s housing collapse, a series of lawsuits and legislation attempted to bring some of that justice to the deceit-ridden world of mortgage lending. The Dodd Frank Act is one of those efforts…