Welcome back!The “make money” formula is really very simple, yet some of the biggest banks in the world got it wrong because they left out one essential ingredient. 
What is the formula and what essential element did the failed and bailed out banks leave out? 

Tags: Banking crisis, banks, financial crisis, make money, making money, mortgages, securitization, [...]

The global financial crisis has a money-making silver lining for entrepreneurs.   
The idea of a “silver lining” comes from the old proverb, “Every cloud has a silver lining.”  The proverb looks for some unexpected good outcome following some bad event.
For many entrepreneurs, business owners, real estate investors, and wage earners, the financial crisis is all too [...]

The banking crisis raises many questions. 
Do you wonder how banks that claimed to hold billions of dollars in real estate mortgage assets could go broke? 
And most importantly, how did a banking crisis involving mortgages turn into a global financial crisis that affects all of us? 

Tags: bank crisis, banking, Banking crisis, economic crisis, financial crisis, make [...]

The financial crisis fills the news. Each day, we hear about more billions for stimulus packages to banks “too big to fail.”  We also hear dire warnings about the collapse of major corporations, such as the Big Three auto makers in the United States. The crisis is real, as it spreads throughout our entire economic [...]

Owner financing is a proven strategy that will let you bypass the banks during the credit crisis.
The current economic crisis is a credit crisis. The banks are extremely reluctant to make loans, even to qualified buyers.
This credit crunch affects both buyers and sellers.
Unless buyers can pay cash, they need some sort of financing to buy [...]

In response to the global credit crisis, governments are buying ownership in banks. Often, we don’t recognize significant moments when they happen. We don’t see the events that change things forever. But the economic events of the last few days are a clear sign of enormous systemic changes that are underway around the world.
For weeks, [...]

The heart of the economic crisis right now is that the banks are unwilling to make loans. Even though governments are pouring money into the banking system, the banks are hanging onto the money.
The rescue program originally was sold to Congress and the public as a plan to buy mortgage-related loans from financial institutions. The [...]

The world is in economic crisis.  So far, nothing has stopped the crisis from spreading. It started with subprime mortgages, and has grown into a hydra-headed monster that is creating fear around the world as banks cut off credit.
With global stock markets continuing their sickening plunge and the credit system all but shut down, efforts [...]

The top item in the news in the last week has been the financial crisis facing the banks. Yesterday, Washington Mutual was seized by the FDIC. This is the largest bank failure in United States history. WaMu was then sold to JP Morgan Chase, to further consolidate the banking industry into a handful of giant banks.
As the debate [...]

Leverage creates wealth. This has been the promise behind the real estate boom. Now that the boom has gone bust, what is the role of leverage in the current financial crisis?
Greed is blamed for much of the economic crisis currently facing us. But blaming greed misses the real point. Greed needs a mechanism—a tool—to put [...]