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equity management: MMA real or a confidence game? - 04/20/09 11:59 PM
I've always been impressed how certain people can get away at times with elaborate flim flams.  The recent arrest of Bernie Maddof is one such demonstration of this type of fraud and those who are duped.   Normally it requires a mark, or victim, who is manipulated by their greed, honesty or compassion.   Often these schemes are elaborate and can be perpetuated by the innocent and masterminded by those thinking they are providing others some type of better existence.  Meanwhile capitalizing in the beginning with massive profits, which later leave their unknowing victims in bankruptcy or foreclosure.
This scenario is relevant in … (5 comments)

equity management: Case Study #2 MMA,Equity Harvesting vs HYBRID PLAN - 11/06/07 12:36 AM
In our last case, John and Jill Doe were meeting once again with their financial planner.  They had recently looked over two plans that would help them maximize their asset's and prepare them for retirement.  The MCA or Mortgage Merge Account had certain advantages that could actually put more money in their hands at retirement, but only if they sold their home.  The Equity Harvesting Plan gave them a large nest egg and also saved them taxes over their lifetimes.  But their financial planner had noticed some interesting characteristics in each plan that he thought that they could take advantage of … (0 comments)

equity management: Case Study #1 ....MMA vs Equity Harvesting - 11/06/07 12:20 AM
Finally I'm able to discuss one of my cases.  I've have of course left out the names, so this particular borrower will go by our beloved name of John and Jane Doe.  John lives in hypothetical Bacon, Alabama, and for kicks and giggles 30 years old.  John and Jane talk to a mortgage planner and some guy in their neighborhood who told them about some really cool new product called the "Mortgage Checking Account", supposedly it pays down your mortgage in 9 years or less.   John comes from the philosophy that you should make equity work for you, but his wife … (1 comments)

 
Karlspict3

Karl Christen

Pleasant Grove, UT

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Address: Pleasant Grove, UT, 84062

Office Phone: (801) 599-9575

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