Title/Author: Who Moved My Cheese by Spencer Johnson
Reason for Reading: Recommended by coworker
Pre-thought: I was having problems getting opportunities at my workplace so one of my coworkers recommended this book to me to help me out and I was interested to see what type of wisdom and advice it would offer me.
Title/Author: Investment Biker by Jim Rogers
Reason for Reading: Found while browsing the business section of book store
Pre-thought: Why is there a picture of an old guy sitting on his motorcycle on the front cover
Title/Author: The Rise and Fall of Long-Term Capital Management: When Genius Failed by Roger Lowenstein
Reason for Reading: Recommended by another book
Pre-thought: Time to learn about past catastrophic mistakes made investing in the stock market
Title/Author: The Richest Man in Babylon by George S. Clason
Reason for Reading: Looking for inspiration
Pre-thought: Let's see how they did it in the old world and see if I can take that advice and make it practical for the new era.
Recap of Book: You will begin by being introduced to the city of Babylon as it stands in a ruined economical condition. Its people are unemployed, food is hard to come by, and most of the gold is held in the hands of a few wealthy men of the city.
Title/Author: Trump: The Art of the Deal by Donald J. Trump
Reason for Reading: Wanted to become a real estate investor and interested about Donald Trump's successes.
Pre-thought: Anxious to get in and learn about Donald Trump and his mindset involving real estate.
Recap of Book: This book will introduce you to the Trump family and give insight into Donald's life as he grew up. You will also learn about some of the projects he undertook and the difficulties involved in them.
Title/Author: Think and Grow Rich by Napoleon Hill
Reason for Reading: Pleasure
Pre-thought: Very skeptical about books that offer secrets to making millions.
Recap of Book: Think and Grow rich is about specific ways of thinking and doing things habitually so that they embed into your subconscious. It focuses heavily on Andrew Carnegie's success formula.
A few weeks ago I learned how to borrow money Interest Free from my bank because of how their system works. I also took advantage of that system and another slow system to prolong the interest free period.
First, the bank that I use allows checks to be scanned in from home and deposited into an account. Typically this isn't really that big of a deal, but my bank allows that money to be used instantly, up to $5000 in deposits can be made per day at my bank from home.
It’s important to determine what you really want in a home before you even step outside to look at one. Having an idea of what you want will help you narrow your home search to homes that will fit your needs and wants. Simple decisions such as how much you want to spend and how big of a home you want can also save you time and ensure that you aren’t looking at homes that aren’t really what you want or need.
In many cases when purchasing a property your credit report is more important than the cash you have in the bank. There are some obvious exceptions, for example if you are purchasing a property without getting a mortgage, paying cash. More often than not, a mortgage is used for financing a property. Your credit report is extremely important when borrowing money. We touch briefly on what to expect on your report, and what affects it.
What you can expect to see on your credit report:
This post is to recap the events that took place while purchasing my new house (on credit cards) and why I thought it was good at the time and how I feel about it after the fact.
When I decided to purchase my house on a credit card after my pre-approval got nerfed from the recent countrywide problems and they failed to come through on a loan, I took matters into my own hands. Here is are some of the things that ran through my mind while making this decision.