New School of Wealth

All kinds of Benefits are now available!

Alan — Mon, 26 Apr 2010 22:02:11 +0000

One of the worst things that can happen to someone is not knowing what benefits are available to them and their families. Some people can go for years without knowing what resources are available and they can end up paying needlessly for care that may be covered. Lets talk about some of the resources that [...]

Are you waiting for the economy to change? Why?

matthew — Mon, 27 Jul 2009 19:29:47 +0000

Why are people still on the sidelines waiting for the economy to change? This is the new global economy and for at least the next 5 to 10 years this is the way it’s going to be. There is no quick fix out there, and there is no way that you can get rich quickly. [...]

Home Equity Retirement Plan!

Alan — Thu, 26 Jun 2008 17:27:11 +0000

I want to talk about a home equity retirement plan. A home equity retirement plan means that you’re separating the equity from the interest in your house. Now, if you’re upside down financially, this plan is not for you. There are many plans out there that may be good for somebody else, but not for [...]

The Deferred Sales Trust

Alan — Sat, 31 May 2008 18:29:28 +0000

Those of us who own businesses, highly appreciated stock, commercial or residential investment real estate assets are often reluctant to sell because of capital gains taxes associated with the sale. But what other choice do we have other than a 1031 property exchange? Is there another way to deal with the capital gain tax liability [...]

Are You Prepaying Your Mortgage?

matthew — Tue, 27 May 2008 17:40:37 +0000

Today I want to tell you about an import report out there that you should pay attention to if you’re a homeowner or considering buying a home. It’s from the Federal Reserve Bank in Chicago. The report discusses prepaying your mortgage. The report says that it’s an awful idea and that most people are just [...]

Who is your financial role model?

matthew — Fri, 23 May 2008 17:19:57 +0000

Have you sought out a role model? You need to find a role model, who really understands the concept of money. We are not taught about money. There is no such thing as money 101 in schools. It’s incredible that we’re not taught how to use money. We are not taught [...]

How has Wall Street Helped You?

Alan — Fri, 02 May 2008 18:59:41 +0000

God only knows what a mess the economy is in. God only knows what’s going to happen in the housing market. What Wall Street has done to this country is a crime. Wall Street has absolutely ruined it by turning this country upside down with bad investments and corporate greed. It’s just incredible what’s been [...]

Is Your Financial Adviser Giving you Good Advice?

matthew — Wed, 30 Apr 2008 16:43:43 +0000

Every week on the program, I remind people of what they might be doing that hurts them financially. There are generally 3 things people are doing wrong. The number one thing is that they don’t understand their mortgage and how they can make money by managing their equity in their house. The number two thing [...]

Home Equity: A Prudent Investment?

Alan — Wed, 23 Apr 2008 21:44:43 +0000

Most people believe home equity is a prudent investment. Most people believe that home equity enhances net worth, that you can make money on your home equity and that mortgages should be eliminated. Let’s take a closer look at home equity as an investment. Let’s say, I had an investment. Here are some of the terms [...]

Compounding Interest

matthew — Thu, 17 Apr 2008 19:48:57 +0000

I’ve had so many people ask me lately about compounding interest. Let me go over a little scenario to illustrate how valuable compounding interest can be. We’re talking about compound interest versus simple interest. Suppose Christopher Columbus in the year 1492 went to America and he put a dollar into the New [...]