Year: 2010

The Four Factors of Income Properties

SolomonSuccess.comFour principal factors drive the opportunity for income property investing. In most investments, such as stocks and bonds, there are only one or two factors like appreciation or dividends that drive the value of the investment. Income property is unique, because it is a multi-dimensional asset that generates value by the interplay of four primary factors. These factors are Price Stability, Cash Flow, Tax Advantages, and Leverage.

Arbitrage!

arbitrageIn the world of finance and economics, the term “arbitrage‟ means attempting to profit by capitalizing on price differences of identical or similar financial instruments in different markets or forms. For example, a hedge fund manager could buy a group of securities that he believes are under-valued, and execute a short sale on a different set of securities that he believes are over-valued.

God Doesn’t Need a Bank to Help You Create Wealth

The Solomon Success ShowWhat happens if your company goes belly up and you have given the bank a personal guarantee for the loan? It’s simple. The chances are good the bank will come after your assets in order to mitigate their losses to whatever extent possible. They won’t stop at some point because you’ve been a nice guy; they’ll take every last penny they can get. Obviously, no one signs a loan with a personal guarantee with the belief his business will become insolvent or cash flow poor to the point that it can no longer make the loan payment but, by making this choice offer surety, you violate at least two of God’s teachings.

Coveting Your Own Wealth. Huh?

Coveting Your Own Wealth. Huh?

SolomonSuccess.comIs it possible to covet your own wealth and goods? According to Luke 12:15-21 it certainly is, which puts a switcheroo on the idea that the only covetous nature we had to keep an eye on was in regard to the property of others. Not so fast, ladies and gentleman. Here’s how the scripture reads:

And he said unto them, take heed and beware of covetousness: for a man’s life consists not in the abundance of the things which he possesses.

The Bible goes on to relate a parable that, translated loosely goes like this: A rich man had a good year in terms of crop production. A VERY good year. As most people who star in Biblical stories do, he proceeded to make a bad decision when it came to terms of his soul. Since he didn’t have room to store all the crops, he decided to tear down his barn and build a bigger one later but, in the meantime, since he had plenty of food to last for many years, he decided to take it easy for a while – eat, drink, party a little bit. What’s the harm? Then God stepped in and reminded him that if he were to die right then, the crops and all his wealth would be wasted and that simply is not cool.

God and Online Business

online business, GodIt’s funny how people cherry pick products or services in modern society and use them to prove (mostly to themselves) that the word of God is sometimes anachronistic and can’t always be taken literally in this fast-paced world of ours. They’ll say the men who wrote the Bible couldn’t have foreseen credit cards, the Internet, or the particular challenges of online business. If you’ll remember, God is the Alpha and the Omega, the Beginning and the End. Even though credit cards and email aren’t expressly addressed within the Bible’s pages, all the knowledge you need to handle ANYTHING that arises throughout the course of your daily life is right there.

Proverbs 13:18 – Poverty and Shame to the Foolishly Wise

Proverbs 13:18, foolish, wiseDo you know any know-it-alls? Chances are you couldn’t throw a rock from any street corner without hitting a few. Maybe (gasp) you’re a know-it-all? Sure it’s fun pretending like you know more than everyone else, and you might even believe it, in which case you’ve REALLY got your work cut out for you. God thinks it’s important to receive instruction from wise mentors your entire life. And, no, we don’t know this because we’re really, really smart. We actually learned it from the Book of Proverbs, verses 13:18 to be precise, which reads as follows.

King Solomon’s Temple Mission

King SolomonIt seems that much of the trouble and vexation in this life created by followers of God’s word is a result of losing focus of the primary mission, which is hold God primary and treat him with the humility, awe, respect, and service that is due. You’ve likely heard the story a hundred times before but it bears repeating. King Solomon was in the habit of making grand gestures to God and, one night, after offering a thousand or so burnt offerings, God appeared to him and asked what the King wanted from God.

Proverbs 3:9 – Talk is Cheap; Firstfruits Are Better

Proverbs 3:9How important is God to you?

How can you improve your finances?

The simple words in Proverbs 3:9 answers both these tough questions. “Honor the Lord with thy substance, and with the firstfruits of all thine increase.” As we said, the exhortation to give to the Lord in a meaningful way is not a complicated set of instructions to understand. Following through and actually doing what you say you believe is a little more challenging.

Thank God For The Recession

God, recessionUltimately, it seems we should thank God for this bitter medicine we call a recession. Greed and indiscretion on the part of both our country’s leaders and ordinary citizens have led us to the tipping point. Sure, the government is leveraged up to their eyeballs with funny money that isn’t worth the paper it’s printed on. Solution? Print more! But more than a few consumers are highly leveraged as well. Some of the culprits: