Money is the last taboo. People will talk about their sex lives before they discuss their finances.
Marvin H. McIntyreBear markets are like bad colds. You hate them, but you know eventually you'll feel better.
Marvin H. McIntyreTags: wall-street finanace
My only allegiance is to my country. The success of our country is built on hard work, sacrifice, innovation, integrity, and confidence. How can you be confident if you can’t get a job? How can you be confident if the mortgage on your home is higher than your home’s value? How can you be confident when our elected officials haven’t given us one single idea how to fix this situation? – Jeremy Lyons
Marvin H. McIntyreTags: thriller finance financial inside-out mortgage fiscal-cliff
I don’t know the answer, but I know that the fiscal cliff is real. It can’t be discounted like Y2K fears. In 2008, for the first time in my career, my clients were really scared. We are three years from the bottom of the market, and they’re still scared.
“New home construction in our area is picking up, and my client in the business wants to hire more people to handle the demand. But what if the economy falters? He would have to let them go. At 70, he doesn’t have the heart to face that, so he makes do with less.
“A New York client in the vending business wants to hire young adults to help him expand his business. If he pays them fifty thousand dollars, it will cost him close to ninety thousand after taxes and mandatory health benefits. It’s just not worth it.
“My clients are suffocating under the blanket of excessive regulations, taxes, and the biggest impediment to growth and expansion, uncertainty.” Mac’s voice softened. “My biggest fear is that I don’t have the answer and I don’t know how to help them.
Tags: politics fiscal-cliff finace thriller-thrillers
Another misconception is that desires are insatiable. Admittedly, for the small segment of society that is clinically deranged, this statement may not hold true. But for those seeking riches, pleasure, or power, too much of a good thing dulls the appetite.” – Jeremy Lyons [Survival of the Fittest]
Marvin H. McIntyreTags: politics power greed thriller thrillers
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