The silent nest egg robber

The silent nest egg robber

Did you feel that?  You’ve just been robbed!  Wait—and now you’re being robbed again.  And…again.  In fact, we are all being robbed 24 hours a day by something so silent, cunning, and ordinary, it eludes even the smartest people.  Why are we, for the most part,...
Which 10% Is Better?

Which 10% Is Better?

Let’s see if we can figure out which investment is better – from a lender’s standpoint:Scenario A –  $100,000 loan @ 10% interest only for 10 yearsORScenario B –  $100,000 loan @ 10% interest amortized over 10 yearsScenario A represents 10 years collecting $10,000 per...
The Good Old Days

The Good Old Days

This is an advertisement from The Owosso Argus-Press – Jan 26, 1970.  Look at those prices!  A pound of bacon for just $0.67.  And check out those interest rate savings certificates.  Wow, those were the good old days. It is hard to see, but at the bottom of the...