SoFi has been special because CEO is a quadruple threat with banking, investing, lending, technology expertise. Now he’s out. How do you replace him?
Think U.S. lending, payments, and asset management industries won’t get uprooted by fintech? It’s time to wake up.
“Risk free” Treasury investing of your $1m nest egg only earns $1500/mo.
Here’s my favorite one and a link to the rest.
Interesting Bill Gross interview on CNBC today, following the release of his September investment outlook. In full video below he admits he was wrong on Treasury demand waning, and his long-term-slow-growth theme is best captured in this excerpt: Free market capitalism depends on a balanced market between labor and capital. And clearly we’re reaching a
Mark Cuban told WSJ today that traditional investment methodologies only work for major players and mean nothing for individuals. He also talks patent law and the U.S. economy and politics. Video below and Cuban’s blog has more.
I just attended a wedding where the parents of the bride are divorcing. I sat directly behind them and watched their pain as the priest hammered home the unconditional permanence of their daughter’s commitment. It reminded me of financial advisors so committed to pushing a certain product that they miss the goal. The goal of
-5 Funds With Largest Outflows of 2011 (InvestmentNews) -Foreclosures See 25% Drop 1st Half of 2011 (NatMortgagePro) -Is Bernanke Adopting Worst Greenspan Policies (TheBigPicture) -Why You Avoid Your Most Important Financial Task (NYT Bucks Blog) -Home Remodeling To Highest Level Since 2004 (HousingWire) -A Few Things To Remember About Debt (Economist via Minyanville) -The Problem
Today’s links include short sale vs. foreclosure tips, two posts from StoneStreetAdvisors who’s on fire this week, and Sage words on analyzing markets—a must-read for mortgage folks who stare at MBS charts all day. So click play on the funky bilingual Cinco De Mayo soundtrack and read up… -Has bay area real estate gone bonkers?
Great piece on the OG financial calculator HP 12C turning 30. I’m working on a piece for National Mortgage Pro magazine on how your calculator defines you. Stay tuned…