Buying or renting

This is almost the oldest question known to man kind, after the story of Adam and the apple. The answer is like everything else in life, it depends. But everytime I talked to a home owner they acted like you are crazy if you do not own a house.  I am not saying you are… Read More »

The Interest Rate And Monthly Payment

A friend of mine was thinking about buying couple of properties for cash flow purposes. He asked me to have a cup of coffee with him and go over his numbers to make sure that he did not overlook anything. Since I love “math”, I even offered to buy the coffee :).

Making sense

Some financial advice that makes sense from the few who can actually still make sense.

Diversification

Do not let the recent decline in the market scare you or alter your route. Do not panic and stay the course.  You are in it for the long run.   “In God we trust”. Does any of that sound familiar?    

Sorting out the stats

I am sure you hear and read about all kind of names, abbreviations and code words for this index and that statistics.  Here, we are going to summarize the most used indices and statistics to make it easy to sort through the plethora of data out there.

FLIR

  FLIR is a company that makes cameras.  I do not think you ever owned a camera made by them.  Visit their website and you will know why :).   I keep track of their product because I evaluate their cameras performance all the time.  I wanted to buy this stock at $26 but it run… Read More »

Making a million dollars

Have you ever thought about how long it takes to accumulate a million dollars? Let us run through couple of examples.  Scenario 1 a person that just started a job that pays $50k (The median US income believe it or not, review page 6 of this report), and has $10K of savings and zero debt… Read More »