It has been said by many financial gurus that real estate investing has created more millionaires than any other stream of income. With the current real estate market many people are running from it but the savvy investors are running towards it. It is important to remember that real estate goes through cycles and the name of the game is to buy low and sell high. Real estate around the country is definitely low. As one real estate expert put it. “It is like a blue light special right now […]
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Weekly Financial Podcast hosted by Lorin Hardy
October 1, 2008 in Personal Finance
This week's tip is by Kory Koontz. Kory tells about the brighter side of the recession.
Get Rich Quick!
October 1, 2008 in Income Creation, Personal Finance
From what I can determine, get-rich-schemes have been around for quite a while. It appears many want to get rich with little effort and with little money. Google the word get-rich and you will have over 7 million options available to you. They all guarantee you that if applied to, you can become wealthy. However, are they schemes to good to be true or is there a possibility that one of them will increase your chances of getting rich. Let’s start with a get-rich-quick scheme is. When a institution of […]
Credit Card Companies Consumers in Debt by Dan Christiansen
September 30, 2008 in Debt Elimination, Personal Finance
Credit Card Companies Consumers in Debt ABC News/Nightline interviewed two former employees that use to work for the credit card giant MBNA(Mellon Bank) Credit Card Company. MBNA was bought out by Bank of America in recent years. Cate Columbo and Jerry Young both said that they were hired as Customer Service Representatives. They were put on the phone but not to necissarily help the customers with their concerns. There position was to “sell moneyâ€?. This meant that they would push the envelope to over extend credit to the credit card […]