This past weekend my wife and I attended a presentation of the musical South Pacific at the Temple Buehl Theater in Denver. The character Bloody Mary sings a song about Bali Ha’i early in the play and the words struck me as being apropos to the ongoing theme of this blog: helping Americans are find a better way to deal with their personal economies.

Filed under: Money, Personal Economy, The Dungeon of Debt, Whole Life Insurance, bank, banking, banks, creating wealth, credit, economics, economy, financial, free enterprise, insurance, investing, investment companies, macro economy, Money, personal finances, saving, savings, security, speculation, wealth | Post a comment

Over the past decade or so, the fallacy that home equity should be “harvested” by means of mortgage refinancing or home equity loans and converted into equity in some other investment has been foisted upon Americans as a legitimate financial strategy.
The most common presentation of these schemes suggests that home equity should be redirected into what some advisors call ”investment grade life insurance.” Other schemes [...]

Filed under: Ethics and Morals, Money, Personal Economy, Your "Bank", annuities, average, behemoth, financial, financial strategy, gold mutual funds, home equity loans, home foreclosures, inflation, investing, investments, life insurance, Money, mortgage, mortgage refinancing, mortgages, rate of return, risk, s, speculation, wealth | 2 Comments