Sir Thomas Gresham advised the English royalty on economic matters in the 16th Century and helped the crown to stabilize the value of its money by arguing for the usage of less precious metal in the manufacture of coins. He reportedly uttered what is now known as “Gresham’s Law” that “bad money drives out good,” … Read more
Greetings from the great State of Tennessee. I stumbled across this gem of an investment which I wanted to share and encourage y’all to look for similar bargains. This was for sale by owner, who needed to sell fast. He had received lots of interest, and after a guided four- wheeler tour, I quickly … Read more
What does cash flow mean? Whether you’re a small business or a large corporation, understanding and managing your cash flow is critical to the total financial health of the organization. Some analysts consider a good level of cash flow as a more reliable indicator of financial strength than earnings or dividends. This is due to … Read more
Gen Y or Millennials is a sector of individuals that are tagged as the ‘digital natives’. These are fresh-faced 20- or 30-somethings that just got out of college or grad school, and are out for the first job offer in the market. Most of them are deep in student debt at an average of … Read more
Debt has become such a given in our culture that many of us take large amounts of it on without giving it a second thought. We Americans are born optimists, and we often buy now and plan to pay later, when we have advanced in our company and our paycheck is a little fatter. We … Read more