Tag: financial management
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Stay Focused — Fight Information Overload
This is the age of information – too much information, some say. With unlimited, round the clock access to news, facts and advice, it’s easy to lose sight of goals and plans and get lost in the endless stream. For investors today, King Solomon’s virtues of prudence and wisdom have never been more important for…
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5 Investing Apps for Smartphones and Tablets
King Solomon never had a smartphone, but he’d most likely applaud the technology as an efficient way to make prudent financial moves. Though managing investments and financial transactions on mobile devices can be risky, a variety of new apps make it easy to conduct business related to your investments virtually around the clock, anywhere you…
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7 Quotes for Prudent Investors
As we see from his Proverbs, the great King Solomon’s words for successful money management are simple: acquire wisdom, act prudently and plan for long term gain. And those ageless principles are echoed in the words of today’s market watchers, who weigh in from a variety of perspectives with advice remarkably similar to that of…
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Home Security: Avoiding Landlord Woes
King Solomon’s often-quoted advice on financial management is solidly based on the idea of prudence and wisdom – two similar but not identical concepts that have to do with heading off trouble at the pass. For owners of income property, the issue of home security on residential property is one that can benefit from a…
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Social Media: Tools for Prudent Investors
Would King Solomon tweet – or have a Facebook page? Because the monarch valued wisdom and prudence above virtually all else, chances are, he would. Love it or hate it, social media drives business today – and prudent property investors know the importance of these new tools in creating a personal brand and a business…
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Fannie Mae and Freddie Mac Skew the Profit Numbers
King Solomon had strong words on liars and deceivers, and he makes that clear in Proverbs 10:3: “The mouth of the just shall bring forth wisdom: the tongue of the perverse shall perish.” But although the wise King’s advice is a key to a prosperous financial future in income property investing, the tongue of the…
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Eminent Domain Home Seizures Worry Lenders
King Solomon’s wisdom made his kingdom wealthy and prosperous, and that’s one reason his Proverbs stand as sound investing advice today. Rulers in Solomon’s day had absolute sway over their subjects, but he urged justice and equity in dealing with the less fortunate. And now, as one California town exercises its right to seize private…
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Retirement Realities and Encore Careers
The Proverbs of King Solomon tell us that the crowning achievement of a life lived wisely and prudently is a rich old age, surrounded by the fruits of diligent labor and a loving family. That’s the picture of retirement that many people today are working toward. But economic troubles and struggling pension plans are putting…
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Make the Home Office Deduction Work For You
The wise King Solomon never encountered the Internal Revenue Service, yet his advice for managing money and prospering can guide nervous entrepreneurs who fear an audit for claming an entirely legitimate tax break: the home office deduction. “Be not afraid of sudden fear,” he says in Proverbs 3:25. And thanks to some surprising latitude in…
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New Fraud Charges Coming for Chase Bank?
As King Solomon warns us in many of his Proverbs, “wicked” people –those who lie, cheat and manipulate others – are everywhere, and those who seek wisdom and a prosperous life are advised to be vigilant and avoid falling into their hands. Now, as the US Justice Department prepares to launch civil and criminal investigations…