There are 3 economies to pay attention to: Your Personal Economy. This is the one that really matters. The life you will share with your family and friends will be directly impacted by your finances. The People's Economy. This is the wealth of communities of people. You could look at it in terms … [Read more...] about Turn Doom & Gloom into Personal Boom
Lunch at the Fed
I recently attended a lunch discussion at the Fed building here in Denver hosted by the World Trade Center. The topic of discussion: The outlook for the U.S. Dollar. First, a Federal Reserve senior economist gave us an overview of what Fed is and how it works. Surprisingly, he was quite direct and … [Read more...] about Lunch at the Fed
Does the weak dollar make foreign real estate a bad investment?
In a recent meeting with a couple of real estate investors, I was posed with the question: Doesn't the weak dollar eat into the profit of foreign real estate investing? Not at all; in fact, quite the contrary. A weak dollar makes spending dollars in foreign countries disadvantageous. I ran into this … [Read more...] about Does the weak dollar make foreign real estate a bad investment?
LLC Registration – Choosing a state
For many small businesses forming an LLC in your home state is the simplest and most convenient option. An LLC that does business in a state other than where it was initially registered must register as a “foreign LLC” (foreign meaning from a different state, not a different country) with the state … [Read more...] about LLC Registration – Choosing a state
Real Estate in the Wild West
"Buying foreign real estate is kind of like buying real estate in the Wild West. 150 years ago they probably didn't have an MLS, local board of Realtors, or disclosure laws," says foreign investment specialist Tom Phelan. I had the chance to catch up with him today and pick his brain. As described … [Read more...] about Real Estate in the Wild West