Too Good To Be True

Wednesday, December 17th, 2008

In the past 2 weeks we have all been following the almost totally unbelievable gigantic Ponzi Scheme pulled off by one of the world's most respected investors, Bernie Madof. For over 40 years he produced astounding yields year after year that pleased and attractred billions of investment dollars so the ...

Posted in buying parameters | Comments Off on Too Good To Be True

The Best Laid Plans Etc. Etc.Etc.

Tuesday, May 6th, 2008

Once upon a time the shrewd real estate investor had a very nice and neat investment strategy all mapped out. He would buy a run-down property at a distressed price, put a little sweat and money into it and turn around and sell for a profit 12 to 18 months ...

Posted in Business Techniques, buying parameters | Comments Off on The Best Laid Plans Etc. Etc.Etc.

Is Negative Leverage Negative?

Friday, March 28th, 2008

Earning interest at the rate of 3% on your savings and carrying credit card debt at 19% seems to indicate a financial disconnect. If this were to happen for a month or 2 it may have some rationale, but certainly not long term. The same reasoning can be applied to ...

Posted in buying parameters | Comments Off on Is Negative Leverage Negative?