Economic News: This was a busy week for economic data
On Monday we found out that personal incomes rose 0.2% while personal spending went down 0.1%, not good for economic growth. The Institute of Supply Management announced that the manufacturing sector contracted to 54.8% from the 57.2 in March, far below economists’...
Success Story: A veteran and her husband wiped out in 2008 get another chance
I recently was referred a veteran who was active in 1975. She never used her VA benefit to buy a home, and now wanted to use it because of the ZERO down payment and no closing costs feature (VA NO NO, as it’s called). Her husband is a second generation owner of a...
Hurry, Before Rates Go Up! Get Financially Healthy
Attn: You’ll want to read this one through till the end I hope that the first quarter of the year has gone well for you. As you may already know, the Fed did raise the prime rate, and some parts of the economy look stronger. The stock markets are at all-time highs,...
A Personal Note on Note Investing
I have to admit that in all my years of investing, I have never bought a note. I have originated them or created them “from scratch” but never bought an already existing note. That being said, I have now bought my first note. So this is the tale of the first note, and...