Monthly Archives: July 2014

How to Make a Solid Investment and Avoid a Crumby Deal

You can learn some important lessons in college, although sometimes they come from unexpected places. Many college students are required to take a basic economics course. A friend – whose major was not economics – recently told me that one of the most important things … Read More…

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‘HGTV Effect’ Propels Borrowing for Renovations and Flips

Unless you’ve been living under a rock – and can’t get cable TV under your rock – you’ve had to have witnessed the incredible boom in home renovation and house flipping shows on networks such as HGTV. With titles like “Flip This House,” “Flip That … Read More…

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Why Lending and Investing Fundamentals are Critical

Bad things happen when you drift away from the sound principles of lending and investing and we’ve seen a lot of that with the slow-motion fallout over the various banking and mortgage scandals that set our economy back in 2007. Just this July, Citigroup and … Read More…

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George Washington’s Credit Rating

I was thumbing through a book about George Washington the other day—stay with me here—and learned a couple of things I never before knew. • No one ever said Washington “chopped down” a cherry tree. However, someone did say he damaged the bark of a … Read More…

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