Contribute
Please help support my efforts to spread financial literacy. Any contribution is greatly appreciated. I'm sorry that it's not tax deductible. Thank you for your support!
Tag Archives: credit
Fractional Reserve System versus Central Banking System
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. … Continue reading
Posted in General
Tagged bank, banking, bonds, cash, central, coins, competition, counterfeit, credit, currency, debt, default, deposit, distilled, economy, fiat, fractional, gold, lend, liquidity, loans, money, price, redeem, redemption, reserve, silver, stocks, system, withdraw, work
Comments Off on Fractional Reserve System versus Central Banking System
Tips Are Cheerfully Accepted!
Well, I’ve finally come to it. My costs are increasing for maintaining this website, adding features to my products, writing free articles and posting free YouTube videos. The time has come to add a PayPal Donate button. I hoped it wouldn’t … Continue reading
Posted in General, Real Estate Investing, Time Value of Money, Wealth Creation
Tagged cash, contribute, course, credit, currency, debit, debt, donate, equity, flow, guarantee, guru, lender, money, profit, real estate
Comments Off on Tips Are Cheerfully Accepted!
My thoughts on Bitcoin and cryptocurrencies
Bitcoin (BTC) has been hacked several times, mostly for “proof of concept” and not for nefarious intent. The algorithms for creating new BTC are now so difficult to compute that most BTC farmers are out of that business. The processing … Continue reading
Posted in Real Estate Investing, Time Value of Money, Wealth Creation
Tagged ask, bid, bitcoin, btc, cash flow, credit, crypto, cryptocurrency, currency, debt, exchange, expense, income, management, price, profit, revenue, stock, yield
Comments Off on My thoughts on Bitcoin and cryptocurrencies
Crisis Investing in Real Estate
Booms and busts always happen. You can’t defy the Law of Gravity. What goes up must come down. Today, the real estate market is a Sellers’ Market in most areas. Most average folks view real estate investing as speculating in … Continue reading
Preparing for another economic crisis
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 … Continue reading
Posted in General, Real Estate Investing, Wealth Creation
Tagged cash flow, credit, crisis, debt, depression, expense, income, leverage, recession
Comments Off on Preparing for another economic crisis
Guru Interest Rates
I am often astonished at the real estate “Guru” who charge outrageous (unpublished) interest rates for their products. As if their astronomical pricing isn’t bad enough, they offer time payment plans that are nothing short of usurious, making high credit … Continue reading
Posted in Real Estate Investing, Time Value of Money
Tagged cash, credit, debt, excel, finance, guru, interest, leverage, rate, real estate, software, spreadsheet, time payment, tutorial, usurious, yield
Comments Off on Guru Interest Rates