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...Money With Wealth

 

Real Estate - Interest charges?

Written by YouCanDoIt! on March 4th, 2009
real wealth
Rico S asked:


As Im new to purchasing real estate, it just now dawned on me that the interest being charged for homes is so high. I know that buying a home has become the new wealth mechanism, but I never realized the cost. For instance, on a $400K home(30 years @ 5.5% interest), the interest cost amounts to $417K. Thats more than the cost of the home. Can you imagine paying for anything else in life where the interest paid is greater than the cost of the item? Does this seem unreasonable to anyone else?

Miguel

Is This For Real? I’m interested in trying this but can it really be achieved in 10 minutes/?

Written by YouCanDoIt! on March 3rd, 2009
real wealth
bexdlee asked:


I was wondering if their were any forex experts out there that could shed some light on this website claims:
http://10-minute-forex-wealth-builder-review.com

Timothy

How do you calculate the after-tax income?

Written by YouCanDoIt! on March 2nd, 2009
real wealth
whiteninjarocks asked:


This is for an economics assignment. The tax that is given is levied at a rate of 1% of the market value of real estate owned. Landlords pass this tax onto their tenants in the form of higher rents. This additional amount is $2,000 per year and should be considered to be a tax paid by renters. I know the household income, income shared, household wealth, and wealth shared.

Samantha

Stock market values are all over the place - is this a broken system?

Written by YouCanDoIt! on February 27th, 2009
real wealth
James asked:


where’s the reality check? such vast amounts of wealth changing every day can have no connection to real value, can it?

Andrew

Why do some countries better than others?

Written by YouCanDoIt! on February 24th, 2009
real wealth
Fabi85 asked:


I would like to ask you this question specifically comparing the unbelieveable Asian economic growth with the aid receiving Africa.
There are already strong Asian economies established in the world like Japan, South Korea, Singapore and Taiwan. Now China, India, Vietnam will be added to the Asian success story. Many of those countries are very dependend to import natural resources.

While African countries are having a huge wealth of natural resources. So, why is there no real African economic success story?

The Somali-Dutch politician, Ayaan Hirsi Ali, says Africans get taught to solve problems by physical violence than by conversation. Otherwise the other person thinks you are weak.

One African friend said to me African leaders are not patriotic enough not to rub money for their own pockets? Is that true?

Knowing statistics, Asian women in the U.S. are one of the highest archiving groups. Are Asians more dilligent than Africans? According to Philippe Rushton?

Emily

how will an increase in inflation rate affect the money rate of inflation, and the real rate of inflation?

Written by YouCanDoIt! on February 23rd, 2009
real wealth
Zyra asked:


I’m just checking to see if I’m on the right track. Won’t the money rate stay the same, then the real interest rate increase since the money rate has been adjusted for inflation, and the real rate hasn’t?
And does inflation transfer wealth from borrowers to lenders, or not?

I’m not entierly sure on this. please put me on the right track.
No, I have not confused anything. I money rate is the same as nominal rate, anyway, I still haven’t gotten it clear, can what effect will an increase in inflation have on the nominal rate of interest and the real rate of interest? Was i correct or wrong? and does inflation transfer wealth from borrowers to lenders?

–can anyone explain?
No, I have not confused anything. I money rate is the same as nominal rate, anyway, I still haven’t gotten it clear, can what effect will an increase in inflation have on the nominal rate of interest and the real rate of interest? Was i correct or wrong? and does inflation transfer wealth from borrowers to lenders?

–can anyone explain?
No, I have not confused anything. I money rate is the same as nominal rate, anyway, I still haven’t gotten it clear, can what effect will an increase in inflation have on the nominal rate of interest and the real rate of interest? Was i correct or wrong? and does inflation transfer wealth from borrowers to lenders?

–can anyone explain?

Jonathan

Why is Government the only entity that goes into massive, insane debt?

Written by YouCanDoIt! on February 18th, 2009
real wealth
falisrm asked:


Government wouldn’t survive in the real world if it actually tried to work like a corporation does. You know, the concept of creating wealth and staying within a budget. Yet, we are somehow told that it’s corporations that are evil.

What would happen if Yahoo spent $2 trillion on handouts to everyone that uses Yahoo Answers. Do you think Yahoo would survive a week?

Samuel

Anyone on here ever check out ” Fora tv ” its got some interesting stuff about politics and other issues.

Written by YouCanDoIt! on February 16th, 2009
real wealth
Trouble Maker asked:


I often ask ridiculous questions and make radical statements because serious matters are never given real consideration .
Truth is our government is bankrupting the future generations of millions of working Americans for no reason other then to support the ruling class .

As often as people with some wealth and education speak about real issues no one ever listens .

Should we have gone to Iraq ? Smart money says no unless you enjoy profits from wars . Easy to predict your investment will increase substantially and your kids will avoid service and that mostly poor kids will do the fighting .
Other kids from wealthy families are convinced by indoctrination that military service looks good for political careers and on your resume . You are an officer and in most cases pretty safe compared to the people you order around .

So I often wonder how many of you take serious the impact any war has and also if the economy is worth saving .
We have hundreds of billions of entitlements that are coming due soon and the beneficiaries are in large part those people who have worked for military contractors public education and police fire and services jobs paid for with tax dollars to begin with .

How much can we take from working people and still manage to convince them they should pay rent and shop at wal mart for crapy products that fall apart and poison their kids .

This use to be a great nation till it was looted by the so called educated people, from enron to the savings and loan scandal, our yale, harvard and Princeton graduates have looted this nation not because it benefited the people but because it lined their own pockets with the money those workers generated .

Now we have them shipping our jobs abroad and selling our infrastructure .

Most people could care less and every time I ask a serious question people complain I am a liberal or a communist or a conservative right wing nut .

So which is it people .

Jayden

Is there a poem I can write that you will like?

Written by YouCanDoIt! on February 11th, 2009
real wealth
JOHNNY D asked:


Is she dressed in white
A cloth trimmed with precision
Curving to her slender
She walks in the clouds

Making way for stars
Flickering to her passing
She winces to what pleases her
Jealousy made real to the boil

Stud or Stallion
Only this matters
Wealth that breathes her breathe
In gardens grown with care

Shining in heavens glow
The envelope has purpose
In green fields of complexion
She supposes her eternity

I am influence by the great country of Canada for their superior Beverage of Royal Crowns. (flip that last one)

Ashley

Spreading the Wealth?

Written by YouCanDoIt! on February 7th, 2009
real wealth
clearwater asked:


I want to know how many agree with this:
Why in the world should people like me who went up and beyond to better myself, just up and give my wealth to those who didn’t care to do better for themselves? My parents cared enough to send me to collage where I could get a real job and support myself. Now those less educated who work on the production lines who agree with Obama wants me to give up a percentage of my earnings so they can walk through life. I didn’t go through school and work my butt off for the poor people to better their family. I did it for myself because I care where I am going.
As dad always said, “The low income is where for a reason they don’t care as much as those of us who do”.
Love the answers. I knew America wasn’t wasn’t as stupid as the McSame campaign is trying to make us out as.

OBAMA 08!

Emma