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Category Archives: General
I wrote a short article about this over at LinkedIn. Click here.
There is a world of difference between the “fractional reserve system” (FRS) and the “central banking system” (CBS).
FRS merely spreads out the money deposits in the form of loans, and the total sum of deposits plus debt never changes. FRS is a kind of “leverage” on the deposit of money that strongly depends on the […]
Housing prices will collapse with a nominal increase in interest rates. Get your financial calculator: N=360 (30 years), Rate=4% per year, PV=100,000, PMT=477.52, FV=0. Those are the numbers for a $100,000 mortgage debt at 4% per year, fully amortizing over 30 years. Change the interest to Rate=6% and recalculate PV=79,628.87. That’s 20.4% decline for the […]
In early January 2013, I became very ill with Labyrinth-itus, which is a viral infection of the inner ear that affects balance. I was very disoriented and nauseous. A family member is a doctor in another state and she said my symptoms were consistent with Labyrinth-itus and it may take up to eight weeks to […]
Most folks like to think that they are acting ethically and with integrity. The real test of whether you are ethically conducting your affairs is by looking from the other person’s point of view, as if what you are doing is being published on the front page of a major newspaper. I am not saying […]
I created this website to provide educational content and discussion regarding Wealth Creation through real estate investing. In these times, financial literacy is critical for creating and protecting your wealth. The topics will focus primarily on real estate investing and the time value of money.