Tag: King Solomon
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Do Alternative Currencies Threaten Traditional Banking?
King Solomon’s proverbs invite us to think about what money really means – wisdom, prudence and respect for God are more important than material goods. Today, the rise of digital alternative currencies like the Bitcoin are challenging people worldwide to rethink the meaning of money – and that raises fears that the mainstream rivals of…
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Is Gold a Prudent Investment Today?
In his many proverbs about what’s important in life, King Solomon reminds us that wisdom and prudence rank far above worldly riches, silver and gold. Today, too, as the price of gold continues to fluctuate, market watchers are raising questions about the place of gold – and the so-called “gold standard” will have in today’s…
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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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Vintage Homes Draw Investing Dollars
In the Proverbs of King Solemn, old age represented the crowing glory of a life well lived and blessed by God, the result of wisdom and just dealings with others. Today, too, some things get better with age – and new research suggests that’s true for houses too, as sales of older homes are boosting…
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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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Online Auctions: Risky or Prudent for Investors?
For everything from livestock to acreage, auctions have been around a very long time. Now, although those “real world” auctions are still operating, the auction process has moved to cyberspace – and online housing auctions are claiming a sizable number of real estate transactions. Online auctions offer an easy way for lenders to dispose of…
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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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New Bank Fraud Settlement, New Lending Rules?
Along with his wisdom and devotion King Solomon was known for his fair judgments, best shown by his handling of that famous case in which two women claimed motherhood of the same child. Solomon proposed cutting the child exactly in two, which revealed the real mother. Today, some measure of fair judgment is coming in…