Many politicians and journalists obsess over what they deem “excessive profits” oil profits while they leer at numerators, not denominators. The industry giant Exxon/Mobil scored record breaking profits, but profit ratios which pale in comparison to other industries. Exxon boasted a $40.6 billion profit for 2007 but this is nothing compared to its $404.5 billion [...]
Entries Tagged as 'Asset Preservation'
High Gas Prices Are Not Caused By “Greedy” Oil Companies – Part 2
December 28th, 2011 · No Comments · Asset Preservation, Current Events
A Few Basic Uses of Home Equity
December 6th, 2011 · No Comments · Asset Preservation, Budgeting & Money Management, Retirement Planning
Not everyone is comfortable with using home equity to help build a retirement fund, so I figured I’d take some time out to get back to basics once again. Let’s start by answering the question, “What is home equity?” Home equity is the value given to a home after you subtract the mortgage debt and [...]
What You Should Know About Investing In Gold (understand this BEFORE you buy the pretty yellow stuff!)
September 5th, 2011 · No Comments · Asset Preservation, Philosophy In Financial Planning
Wikipedia’s entry for “gold” reads, in part: Gold is a dense, soft, shiny metal and the most malleable and ductile metal known. There are many reasons why gold and silver would be appropriate for money. It’s nearly indestructible, it’s malleable, it’s rare and it’s a luxury item. When I researched the issue, I discovered that [...]
How To Make The Financial Planning Industry Work For You
December 6th, 2010 · No Comments · Asset Preservation, Budgeting & Money Management, College & Career Planning, Current Events, Insurance & Savings, Investing, Retirement Planning, Wealth Creation
I’ve been gone for quite some time. I’ve had the entire site redesigned. During that time, I’ve also been working feverishly on a new report. it’s available now if you want it. Just sign up to my mailing list through the sign up form in the sidebar or go to the homepage (www.twintierfinancial.com). The report [...]