Being a landlord is not as easy as people think. I once had a family occupying one of our rental units. The family is very nice, very polite, and trying to establish a good family. Financially, they are probably a mess. Payments consistently arrived late, sometimes more than a month late [...]

Rolling Over My 401k

April 1, 2007 | Comments Off

First thing I did this morning after I woke up was rolling over my previous employer 401k into a Rollover IRA. Fidelity allows it to be done on line in extremely simple steps. I hadn’t been able to do it before since I hadn’t been able to call Fidelity to re-establish my on [...]

I happen to invest in both loan and cigarette producing companies. You probably have seen my cash-cow portfolio. One thing that both banks and Altria/Phillip Morris (MO) have in common is that they make addicts of very young people: before they even have an income to buy their products.It is no secret [...]

Sub-Prime

March 17, 2007 | Comments Off

Sub-Prime loan customers, by definition, are risky business. Loaning to a sub-prime customer is loaning money to someone that has either been proven untrustworthy or is expected to be untrustworthy: someone who has failed on his payments before (broken a promise) or would be getting into such a high level of debt-to-income ratio [...]

As a response to my 2007 Financial Resolutions posting someone asked what dividend generating stocks I use. I do have a mixture of growth stocks and cash cow stocks. Some of the growth stocks generate a small amount of dividends (and I still count those towards my yearly dividend goals), but that is [...]

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