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    Tag: opportunity

    Gloomy news spells one thing: O-P-P-O-R-T-U-N-I-T-Y

    Has all the gloomy headlines got you down?  I know it’s been tough to wake up each morning and hear that another bank is laying off employees, another auto-maker is in dire straights, another country is in need of a bailout.  There’s no question that the news can drag you down.
    However, in any economic environment [...]

    Borrowing out of necessity or opportunity

    In his book “Borrow Smart Retire Rich” Todd Ballenger discusses the concept of borrowing money out of opportunity versus necessity and at the same time does a nice job of describing financial arbitrage:
    Most of us have borrowed out of necessity for houses, cars, or other purchases.  Let’s say you borrow money from a local bank [...]