Coaching Tip

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Putting Your Cash to Work in Real Estate

Coaching Tip

Dallas attorney Joey Messina has a side business some might find surprising: He uses his own money to make mortgage loans to people who banks likely would avoid. The mortgages carry interest rates of 14%—more than double the rates charged by most banks and far superior to the returns Mr. Messina received on his savings account.

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Holding Powerful & Arrogant Bosses Accountable

Coaching Tip

Winston, a former executive responsible for leadership development at the Countrywide Financial Corporation, spent three years in a legal battle against Countrywide, the once-mighty mortgage giant, and its current owner, Bank of America, contending that he was punished and pushed out for not toeing the company line. million in damages.

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Entrepreneurship: Transforming Nothing into Something

Coaching Tip

By Scott Adams, the creator of " Dilbert ," abstracted from How to Get a Real Education in The Wall Street Journal, April 9, 2011. I failed at my first career in banking. He told me to figure out where the most innovation in banking was happening and to move there. Combine Skills. And so I did. Distance is your enemy.

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Wise Economic Decision Making

Coaching Tip

Some economists have been assailed for having financial ties to the big banks that did so much to precipitate the financial crisis. Source: Bloomberg BusinessWeek, January 17, 2011. Last year, inflation-adjusted investment in new homes probably subtracted 0.17

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Are You Paying Attention to Social Cycles?

Coaching Tip

Newly conservative regulatory policies have been clamping down on bank credit,” he adds. Sources: Bloomberg BusinessWeek, February 21, 2011 and The New York Times, February 20, 2011. Part of his argument will be familiar to anyone who follows the financial news. We are living “in a world saturated with debt,” he says.

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Grassroots Leadership by the Rising Middle Class

Coaching Tip

But every region of the world will participate in the trend, including Africa, which the African Development Bank estimates already has a middle class of more than 300 million people. The bulk of this growth will occur in Asia, particularly China and India. What is going on here , and will more countries experience similar upheavals?

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What Politicians Will Never Tell You

Coaching Tip

Source: The New York Times Magazine, November 6, 2011. presidents faced a speculative bubble that had burst along with a banking crisis, click here. Those who can’t find a job where they live should consider moving to places where there are more jobs than applicants — the Dakotas, Nebraska, Wyoming. For how past U.S. Prechter Jr.:

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