Looking to rent an apartment in a hot market? You need a credit report and a credit score to be considered by landlords. I’ve been a landlord since 2005 in San Francisco and I always ask for a credit score and a credit report. These two pieces of information are basic. The Competitive Rental Market […]
Yes, You Need A Credit Report AND A Credit Score To Rent An Apartment! Read More »
Between 2H2018 and 1H2019, something funny happened. The Federal Reserve was raising their Fed Funds rate, yet mortgage rates kept on falling. This article explains why are mortgage rates falling after the Fed starts raising rates. Hint: The Fed is not always right. Even though the Fed has slashed rates to 0% – 0.125% due
Why Are Mortgage Rates Falling After The Fed Started Raising Interest Rates? Read More »
Augh, someone just stole your credit card. Now what? Well this happened to me recently. Just when I said nothing much happens with my credit card, somebody goes ahead and steals my credit card! But perhaps “stealing” is the wrong word to use in this situation, so let me clarify. Then I’ll cover the steps
Someone Stole My Credit Card – What To Do? Read More »
When I first wrote about Understanding Structured Derivative Products As An Investment in 2012, I received some pushback. The media was going on about how structured products helped accelerate the financial crisis partly because investors didn’t understand what they were getting themselves into. It was similar to how some adjustable rate mortgage borrowers didn’t understand how their
Examples Of How Structured Products Work And Perform Read More »
A good spending ratio will help you spend responsibly while enjoying your wealth more. For those of you who lack spending discipline, a good spending ratio is a must. I have trouble spending money on things I don’t need because I value the freedom money buys. After enjoying complete financial freedom since leaving workin 2012, I
If You Want To Be Bad, Follow A Good Spending Ratio Read More »
There’s a good saying in the poker-playing community, “If you don’t know who the sucker is at the table, it’s you.” Given work compensation (cash or stock) is likely the #1 source of wealth for the vast majority of people, I think it’s important we have a thorough discussion on stock options so you don’t
Stock Options Are For Suckers Who Accept Below Market Rate Pay Read More »
Are you finding yourself in a difficult financial position? This post discusses how to accept financial help from your parents without feeling like a loser. Ever since high school, I’ve felt I’ve been a burden to my parents. I got in a lot of trouble as a kid and therefore felt extremely guilty accepting their financial support.
How To Accept Financial Help From Your Parents Without Feeling Like A Deadbeat Loser Read More »
It took a lot to successfully refinance my mortgagee. The mortgage industry is tight due to the pandemic. There’s a rent moratorium and millions more unemployed. Banks are much more stringent now, especially with higher rates and a potential recession. Here’s a recap of what it took to successfully refinance my last mortgage. It was
What It Took To Successfully Refinance My Mortgage Read More »
If you’re interested in learning how to copyright a song and earn royalties, this post is for you. I copyrighted a lullaby when my son was born in 2017. I am also a national bestselling author of Buy Not That and How To Engineer Your Layoff, where I also have copyrights with the Library of
How To Copyright A Song And Earn Royalties: Introducing Cutie Baby Read More »
Can cash be considered an investment? I think cash can, especially if the stock market starts tanking. However, most of the time, cash is seen as a returns drag given cash pays so little. There’s a debate going on between Charles Schwab, who launched its Charles Schwab Intelligent Advisors service (robo-advisor), and existing robo-advisors, Wealthfront and
Can Cash Be Considered An Investment? Or Is Cash One Big Drag? Read More »
