Some people in sales think a lead is a name from a list. That’s not correct. A name from a list is not a lead–it’s a suspect, a total stranger and it does not matter if they meet some criteria (e.g. age, occupation, net worth). A true lead meets…
This is Mark Dow. Brad is away. China has become the obsession that Japan was back in the 80s. And rightly so. It is a huge place, with a robust secular growth force underlying it (remember the conditional convergence growth hypothesis ?)
Read more here – Chinese Handcuffs? No,…
A reader asked me if I could break down my ideas into a handful of principles. After some careful thought, I came up with a list of fourteen basic “rules” that summarize my money and life philosophy. I’ll be presenting these as a weekly series. This rule is about…
This is the second of twelve parts of a “book club” reading and discussion of Dave Ramsey’s The Total Money Makeover , where this book on debt reduction is teased apart and looked at in detail. This entry covers the third chapter, finishing on page 51. The next entry,…
John Wiley & Sons plans a paperback next year of Chain of Blame , a book I co-wrote about the credit and housing bubbles. Paul Muolo and I have a month or two to update it. If any readers of this blog have some secrets to share, especially anything…
Each Monday, The Simple Dollar opens up the reader mailbags and answers ten to twenty simple questions offered up by the readers on personal finance topics and many other things. Got a question? Ask it in the comments. You might also enjoy the archive of earlier reader mailbags .…
We receive several questions about how a loan modification may effect credit scores. Even though we have heard many horror stories about lenders requiring a homeowner to be 90 days late on a mortgage before the bank will consider negotiating a fair loan modification solution, there is new hope…
I’ve written a few articles about mortgage modification scams and foreclosure fraud on this blog, but I just found this video produced by Freddie Mac that specifically talks about the scam that involves signing over a deed. Basically, don’t sign over your deed or deal with an “Investor” that…