According to the “Loanable Funds” theory, interest is the price paid for the use of “Loanable Funds”. It believes that the rate of interest is determined by the equilibrium between supply and demand of “Loanable Funds” in the credit markets. Supplies of “Loanable Funds” are derived from four basic sources…savings, dishoarding, bank credit, and disinvestment. [...]
I hear this question all the time. When an individual contacts me about loan modification, I always get this question posed to me. Understandably so, when homeowners are going through the loan modification process, they are antsy and stressed out from financial challenges. Sometimes they are even a little hostile. Not only do homeowners wonder [...]
Effective estate planning is essential for everyone, regardless of age or circumstances, and should also form part of your financial planning process. Estate planning covers arrangements for your finances,in the untimely event of your death. Effective estate planning should include: A.] A valid, witnessed, up-to-date will… B.] An appropriate power of attorney… C.] Instructions to [...]
If you want to be “Financially Empowered”, it is important to ensure that your investments are structured according to your long term goals, because this directly affects your legal liabilities and accounting arrangements. Each individual’s investment requirements are unique and it is important to get it right from the start. Investment structuring can influence: A.] [...]
Today’s young and Empowered real estate investor’s are very internet savvy. Some refer tho them as “Internet Empowered Consumers” (IEC). This group, born no earlier than the 1980′s are also known as “Generation Y”. They have a different mind set than older generations. They were born and raised on computers and the internet. They do [...]
Sub-prime lending is a type of credit given to a homeowner who do not meet the criteria for regular or “prime” type loans. A typical sub-prime borrower has a poor or limited credit history and a FICO score below 620. These factors make them a risky investment for regular lenders, which keeps them from taking [...]
Just as important as what you eat is “when you eat” and “how much you eat”. In my last post, I discussed different types of foods that fuel and Empower your training. We must understand that it is important to understand that eating at certain times of the day, as well as how much you [...]
Years ago I trained with competitive body builders. There was a standard “Company Line”…it went like this…”Train like a pencil-neck…look like a pencil-neck”…”Eat like a pencil-neck…look like a pencil-neck”. There is a lot of truth to this. If you train hard…I mean really maximize each set to muscle exhaustion, no matter what training style or [...]
With the current contraction in our global economy spurned by the housing bubble, housing prices are at 10 year lows. Mortgage rates have fallen to rates we have not seen in over a decade. Currently, there is an incentive plan for first time buyers (individuals who have not owned a house within last three years) [...]
Cross training in various applications will create “neuromuscular efficiency”. This is far superior to being satisfied with strict muscle building. As a practicing martial artist and fitness lover, I have seen the full spectrum from weight training, to aerobic only training, to anaerobic training only…over the years. I have seen and heard most of it. [...]
