Tag: King Solomon
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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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QM Rule Updates May Help Housing Recovery
King Solomon’s views on deceitfulness and unfair dealing are clear. Many of his Proverbs warn of the need to avoid the wicked and behave wisely in order to prosper – and that’s why his words guide money management even today. Now, proposed changes to the upcoming Qualified Mortgage Rule may end up applying the King’s…
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More Charges Ahead for the Big Banks
In his proverbs, King Solomon made it clear that anyone who watts to live a prosperous life blessed by God must turn away from those who lie and deceive. “The simplicity of the just shall guide them: and the deceitfulness of the wicked shall destroy them,” he says in Proverbs 11:3. As we’ve been discussing…
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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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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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Prudent Buyers Rent Before They Leap
It’s well known that King Solomon advises prudence in all decision making. And that’s especially important in home buying, where an impulse purchase can end up being a costly mistake that tasks time – and more money – to fix. That’s why a growing number of prospective homeowners, especially retirees eager to put down roots…
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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…
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Good Leases Can Prevent Problems
In the past few posts, we’ve been taking a look at prudence – one of King Solomon’s essential virtues for successful investing. “That thy ear may hearken to wisdom: incline thy heart to know prudence,“ he says in Proverbs 2:2. For income property investors, a customized lease that covers all aspects of a rental property…
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Prudent Investors Insure Their Investments
King Solomon’s enduring advice for investors hinges on prudence – caution and foresight combined with wisdom. That’s the key, he says, to a long and prosperous life. Prudence dictates that it’s wise to protect assets in every way possible – and in our modern world, that includes insuring them. Yet income property investors may be…