In 1776 the Scottish economist Adam Smith published The Wealth of Nations, probably the most important economics manifesto of all time. Smith made the following novel argument: when a landlord, a weaver, or a shoemaker has greater profits than he needs to maintain his own family, he uses the surplus to employ more assistants, in
There are 2 very different kinds of recessions—and the U.S. is likely headed for something totally different than 2008
From December 2007 to June 2009, the Great Recession led millions of Americans to lose their homes and livelihoods. It was the worst economic downturn since the Great Depression of the 1930s, and it traumatized several cohorts that left college or graduate school with little hope of finding a good job as the labor market
On September 28, 2020 Senate Bill 1079 was passed by the California Senate and signed into law by the Governor. The new law, scheduled to go into effect 01/01/2021 significantly changes the rules that govern the way 1-4 Unit properties are sold at a Non-judicial Foreclosure Trustee Sale, and also significantly increases the fines that
If you think yours is, you are right. You’re just thinking it, it’s in your thoughts, in your mind, in your world. Problems are not in the world. They all live within you. They’ve never been because there’s nothing wrong with world anyway. If you think you have a problem, look no further than yourself,
Everyone had a great time at one of our recent club meetings with Sensei Gilliland. Enjoy a free half hour clip on us and be sure and join us online for our next webcast. Since May 2003, we have helped thousands of investors learn, network and prosper in our monthly meetings, workshops, and boot camps.
Do you know why some people succeed while others fail? The answer may surprise you but it’s 100% accurate. If you ask most people, they think knowledge alone is the most important factor to one’s success. But what I’ve found in my years of research clearly indicates that your knowledge, although important, constitutes only a