Monday Thoughts

If you invested $199 by not buying a new phone and $50 a month from your cell phone bill at 12%, how much money would you have at the end … Read more

What is the effective interest rate of a $100,000 loan at 12.5% with 3 points added into the loan over a six month term if it compounds monthly and has … Read more

If a property has $23,000 a month in net operating income, what would you pay for an 8 CAP? (The answer will be posted with the new calculator problem in … Read more

If you purchase a house for $35,000 and sell it for $59,000 five months later, what is the return on your investment? (The answer will be posted with the new … Read more

Yesterday, one of my jobs was to shake the hands and congratulate high school graduates as they received their diplomas.  They were ready to tackle the world and full of … Read more

After the SEC filed the recent civil fraud charges against Goldman Sachs, I heard a lot of folks commenting on how greedy Goldman was and how they were finally being … Read more

A friend of mine recently introduced me to a fascinating man.  My friend knew I would enjoy his company.  He was an old cowboy that had been around a long … Read more

A little over a week ago, a good friend’s father passed away.  The great loss of a family member can be compounded even more when there is not a solid … Read more

During a recent visit with some financial friends, we had a long conversation about how much one should take on during this time in the market.  In a lot of … Read more

During a planning meeting last week, a close friend and I were discussing a new business venture.  He said something simple yet profound, “It is hard to learn how to … Read more