Tag: King Solomon
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“Financial Advisor” Scams Target Seniors
As King Solomon says in his Proverbs, wisdom and prudence lay the foundation for a prosperous, peaceful old age. But in today’s complex financial world, the promise of that kind of peace and prosperity can turn out to be a scam, perpetrated by bogus “financial advisors” targeting senior investors worried about covering retirement, estates and…
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Digital Currency: Changing the World’s Financial Landscape?
Wisdom is worth far more than money, King Solomon tells us in his Proverbs. And throughout the Bible – and human history – money has been the cornerstone and the unchanging reference point used by nearly every society. Now, though, the strong showing of the Bitcoin and other digital currencies in the world’s money markets…
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Prudent Investors Invest to Protect Assets
As King Solomon’s Proverbs tell us, prudence is a watchword for smart investing. But in the rush to grab a good deal, it’s important to remember that a prudent step is to invest to protect the investment. For investors hoping to build long term wealth from income property, one of those wise protections is a…
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Is Foreign Investing Healthy For Housing?
King Solomon was no stranger to foreign investing. He enlisted the aid of neighboring King Hiram of Tyre to build his great temple, and, “let thy fountains be conveyed abroad,” he says in Proverbs 5:16. Today, foreign investment also brings economic benefits – but, as foreign investors spend billions in the US housing market, some…
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10 Words of Wisdom on Real Estate
King Solomon’s Proverbs make it clear that houses are a key to a prosperous life. “Wisdom hath built herself a house,” the king says in Provetbs 9:1. But the wise King isn’t the only one who understood that real estate endures – and has been a prudent investment throughout the ages. Here’s a sampling of…
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The Coin: a Digital Wallet for a Paperless World
King Solomon’s ageless advice on managing money and living a prosperous life hinges on prudence and wisdom – and being skeptical of the promises of strangers. And, as the Coin, a new digital device that promises to take the place of a traditional wallet full of cards and cash, splashes onto the scene, the wise…
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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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Private Lending Boosts New Investors
Taking advantage of the counsel and support of parents is a key piece of King Solomon’s advice for living a long and prosperous life.“My son, hear the instruction of thy father, and forsake not the law of thy mother,” the great king tells us in Proverbs 1:8. And now, as tighter lending standards are squeezing…
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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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The Reluctant Landlord: Turning a Home Into a Rental
King Solomon’s proverbs stress again and again the valor of houses – and their connection to wisdom. But today, economic conditions and an iffy employment picture are convincing some homeowners that the wisest option is to rent out their properties. And while becoming a reluctant landlord may be a prudent move that can open the…