The Father Of All Ponzi Schemes Will Cause The Mother Of All Financial Meltdowns

On December 10, 2008, Bernie Madoff’s two sons told authorities their father was running a $65B Ponzi scheme for decades. Supposedly the sons and mother had no idea. Beware, ponzi schemes are everywhere. Bernie’s scheme began to unravel after the financial crisis in 2008 catalyzed a series of fund redemptions, which ultimately forced Bernie to come clean to […]

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When Do You Give Up And Marry A Resume Instead Of A Soul Mate

Imagine being 31 and single, not by choice, but by circumstance. You’ve gone through several bad relationships and looked back asking yourself what were you thinking. There was this one guy you dated who was secretly married – no wonder why you could never go over. Then there was this other person who after two years still wouldn’t commit. You were

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Your Adjustable Rate Mortgage Probably Needs To Be Refinanced!

When the is raising interest rates, your adjustable rate mortgage probably needs to be refinanced. The reason is because adjustable rate mortgages (ARMs) are priced based off a short-term rate index plus a margin, such as the Fed Funds rate or LIBOR. When the Fed Funds or LIBOR rate starts rising, so will your ARM

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The Net Worths Of American Presidential Candidates Back In 2016

We all know that Donald Trump won the presidency after Obama. During this time, Donald Trump’s net worth has tanked given the contentiousness of his presidency so far. This was a guest post that highlights the net worth of American presidential candidates. Today, Joe Biden is President and plans to raise taxes and push a

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Grades Don’t Matter! Be A Screw Up In School If You Dare

Grades obviously do matter. However, here’s a post arguing the other side, that grades don’t matter. I assure you grades do matter if you want to get a job at Goldman Sachs and eventually make $400,000 a year working 90+ hours a week! For all those who didn’t perform well in college, don’t want to

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Start A Business To Save On Taxes And Help Take Care Of Your Family

Do you daydream about being your own boss? It’s not easy to start a business that’s successful quickly. But, if you’re great at what you do, there are many benefits of entrepreneurship. If you start a business, you can use it to save on taxes and help take care of your family. When you decide

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How To Spend Lots Of Money, Feel Good, And Not Give A Damn!

Want to spend lots of money and not feel bad? Only after publishing CD Investment Alternatives did I realize the article is irrelevant to those of you who don’t save or don’t save much. I’m always trying to make my articles as relevant and helpful to as many readers as possible, so I apologize for skipping over

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Seeking Guaranteed Returns: Invest In A CD, Pay Down Mortgage Or Eliminate Student Loans?

Guaranteed returns are always nice. Unfortunately, guaranteed returns are generally very low, especially in this low interest rate environment. Due to low interest rates, investors have been investing in risk assets for greater returns. The first thing we need to understand is money used to invest in a CD, pay down a mortgage, or pay off student loans should

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Take Advantage Of Unfair Situations: My Master Plan To Buy Another Property Due To IPO Delays

Life isn’t fair, but the savvy learn how to take advantage of unfair situations. For example, I came up with a master plan to buy another property due to IPO delays. A lot of things in life are out of our control. So it’s important to turn lemons into lemonade. Stock market corrections remind us how

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