Many people claim that my analysis of the stock market is flawed. Unfortunately, they are one of two types of people 1) They work in the financial industry and support the government’s legalized scam 2) They believe the lies from the financial industry “experts” that take a commission on their investments.
If [...]
There are many companies (both large and small) that are closing lately. Many of them just simply have run out of capital. This creates a great buying opportunity for entrepreneurs. So, how do you determine the value of a business that you want to purchase? Here’s a simple formula that can [...]
Paying extra torwards your principle balance on your mortgage can be quite a blessing. However, it entirely depends on your individual situation, your goals, and your financial discipline and attitude. It is not for everyone, but it will certainly bring peace of mind. Here are some reasons that I would recommend that [...]
I have shown how stocks are a horrible investment, how investing in gold is a bad decision, and how real estate can not be considered an investment.
So, after showing the bleak reality of common investments, people often ask me what would be the best investment. Well, in one word, it is YOU. It is the [...]
There are many types of investment opportunities, including real estate. However, real estate as your primary residence may not be all that appealing.
Historically, residential real estate has appreciated at a little over 6 percent a year. But rising prices are only part of the story. Appreciation figures don’t capture the vast [...]
Yes, Utah is the hotbed for scams and fraudulent activity. One of the recent ones I have heard about is the Money Merge Account created by United First Financial (located in Bluffdale, Utah). They charge you $3,500 to basically tell you to use your discretionay money to pre-pay the principle on your home [...]
Some financial “experts” say that you should have the biggest mortgage you can get, and for the longest time period you can get, and never pay any additional principle. The reason, because of the low interest rate in comparison to the yield that you could get by investing in the stock market. Are they [...]
In the financial world, the greater the risk, the greater the return on investment. Likewise, the more you could lose. More risk has more volatility. Where there is no risk, there is no gain. Sure, I could put money into a savings account at my bank (extremely low risk), and the [...]