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Archive for the ‘Uncategorized’ Category

Record debt risks ‘tipping point’ after pandemic passes

April 19, 2020

The United States is embarking on a rapid-fire experiment in borrowing without precedent http://www.stamfordadvocate.com  |  David J. Lynch, The Washington Post The United States is embarking on a rapid-fire experiment in borrowing without precedent, as the government and corporations take on trillions of dollars of debt to offset the economic damage from the coronavirus pandemic. […]

Burdened With Debt, Millennials Facing an Economic Crisis

April 6, 2020

The youngest American adults are facing what is, for most of them, the first serious economic crisis of their working lives. By most measures, they are woefully unprepared. Nathaniel Popper, New York Times | Monday, April 6, 2020 The last time a serious economic downturn hit in 2008, Evan Schade was in high school and […]

Worst of the Rout Has Yet to Come

April 1, 2020

http://www.newsmax.com  |  Jim Rogers, Gundlach Equity investors just witnessed the worst quarterly plunge since the financial crisis, and some expect more losses ahead. Asset prices could fall further as the range of negative outcomes from the coronavirus pandemic is much wider than during the global financial crisis, according to Oaktree Capital Group co-founder Howard Marks. […]

Wall Street’s Big Risk Exposed!

April 1, 2020

Supercharged Debt Bets Unravel http://www.newsmax.com For years, regulators have tried to make the financial system safer by blocking banks from taking on the extreme leverage that almost toppled the industry in 2008. Turns out, the risks just moved. In a matter of days, a slew of trades unraveled to expose various forms of soured levered […]

Gold Surges as Recession Fears Spur Safe-Haven Buying

April 1, 2020

Gold jumped more than 1.5% on Wednesday as investors continued to seek safe havens on mounting concern that the near-global lockdown to fight the coronavirus pandemic would spark a deep economic downturn. http://www.newsmax.com Spot gold was up 0.7% at $1,582.54 an ounce by 1241 GMT, rebounding from a 3.1% slump in the previous session. U.S. […]

Loan Applications to Buy Homes Decline to Lowest Since 2016

April 1, 2020

Loan applications to purchase U.S. homes declined for a third straight week to the lowest since November 2016 as coronavirus mitigation efforts stymied house hunting. http://www.newsmax.com The Mortgage Bankers Association’s purchase index dropped 10.8% in the period ended March 27 after tumbling 14.6% — the worst two weeks since May 2010, data from the Washington-based […]

FREE e-Book Download

March 26, 2020

The first step to protecting ourselves from losses is to protect ourselves from ignorance! Click or scan the QR Code to download your FREE e-Book

Pay-off Your Mortgage in as little as 1/2 to 1/3 the scheduled time.

March 26, 2020

Overview – Implementing Debt to Wealth strategies that the banks don’t want you to know about.

YES! Mortgage-FREE Rental Properties

March 26, 2020

Use the Convert Debt to Wealth Strategy to Grow Your Mortgage-FREE Rental Property Portfolio

This Artificial Economic Boom Is Coming to an End

November 30, 2019

Newsmax | http://www.newsmax.com Nothing is forever, not even debt. Every borrower eventually either repays what they owe or defaults. Lenders may or may not have remedies. But one way or another, the debt goes away. One of Western civilization’s largest problems is we’ve convinced ourselves debt can be permanent. We don’t use that specific word, […]