|
| |
housing market: Getting A Grip On The Housing And Mortgage Crises... - 09/08/08 12:32 PM
September 8th, 2008 The seemingly never-ending housing and mortgage crises effect each of us every day whether we feel it or not. The fact that the federal government is taking them over in order to rein in their excesses demonstrates that the take-over of Fannie Mae and Freddie Mac represents something much more than just a government bailout.
Fannie Mae and Freddie Mac are quasi-governmental agencies that were virtually immune to the checks and balances of free enterprise. Their failure is the failure of government intervention in the free market that established these entities in the first place, and allowed … (0 comments)
|
housing market: Teaching Children About Money... - 06/17/08 06:47 PM
June 17th, 2008
"Prepare not a path for your chidren. Prepare your children for a path."
Dr Agon Fly
The Bike..
Here's an example of how one man prepared his child for a path and passed on a Legacy.
Mr. and Mrs. Smith started a "bank" for their only son when he was born. They used whole life insurance and funded it in anticipation of the boy's future needs.
When Junior was 11 years old, he came to Dad very excited about a bike he had seen advertised. (I remember that feeling. For me it was a Schwinn with a chrome headlight prominently … (2 comments)
|
housing market: Skinny Models And Skinny Money... - 05/31/08 10:45 AM
May 30th, 2008
"Mrs. Robinson, you're trying to seduce me. Aren't you?" The Graduate, 1967
Major consumer product retailers (one in particular), make-up and perfume makers, and every other advertiser to one extent or another, employs skinny models to sell their products. I was watching one of those ads on TV yesterday evening and it dawned on me that most advertising for financial services and products employ skinny money to seduce you into buying what they have to sell.
I've made the point before that whenever you buy something that's called an investment - stocks, bonds, mutual funds, real estate, annuities, … (0 comments)
|
housing market: Gold Ain't Money Either... - 05/07/08 02:37 PM
May 7th, 2008
"Snap out of it!" Moonstruck, 1987
You can't go shopping at WalMart and pay with gold. Gas stations don't accept Kugerands. The gold coins minted by the US governmnent are for investors - not for circulation.
Wake up America!
You can't buy wealth. If you buy gold in any form the person who sells it to you gets paid in cash not in gold - and it's your cash. So does the stock broker, the real estate sales rep, the financial advisor or planner, the annuity sales rep and anyone else that sells investments of any kind. They work to sell … (0 comments)
|
|
|
|
|
|
Jeffrey Reeves
Denver,
CO
More about me…
EUREKONOMICS[tm]
Address: 1270 Jasmine Street, Denver, CO, 80220
Office Phone: (303) 355-0550
Email Me
 Links
Archives
|
|
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2012 ActiveRain Corp. All Rights Reserved
;)
;)