Coaching 1st-Time BuyersEveryone knows what Buyer’s remorse is: the feeling you get, after you’ve bought something, that you just made a horrible mistake. So, what is non-Buyer’s remorse? The feeling you get when you find out that the house you were furiously deliberating about buying, instead sold to someone else. I counsel first-time Buyers weighing...Read More
Porous Guaranty; or, “But, Can You Take it to the Bank?” I feel the same way about “guaranteed” Pre-Approval Letters that I do about “guaranteed” pizza delivery or promises of “on-time” service calls by my cable company: a) Officially dubious; and b) Reminded of the reason companies (often) need to offer such promises in the...Read More
Looking for the New Volcker’s Regular readers of this blog know that I could hardly be a harsher critic of modern-day Wall Street: its practices; its obscene pay for little or no economic contribution (“Wall Street is Worthless“); and its corrupting influence on our government and society generally. And I’ve got plenty of company. As...Read More
Do you know the only thing to give me pleasure? It’s to see my dividends coming in. –John D. Rockefeller Trust me, I have very little in common with John D. Rockefeller, starting with my balance sheet. And blog hits don’t pay the bills — commission checks do. But I confess, substitute “blog hits” for...Read More
