So what if the US shuts down? (again)

So the headlines and some Twitter feeds are making mention of a story that seems to be getting tired (and I am not even an American).  The US Government is again in the position of having to make 11th hour decisions and agreements to raise the debt ceiling so that it can meet its obligations that it does not have the cash to pay for.  I say tired because this is not the first time that the US has been in this position and suffice to say that it won’t be the last.  Without a plan or without making very difficult decisions these types of last minute fires are hard to avoid. Continue reading “So what if the US shuts down? (again)”

Good deals get good money

In talking with a potential client yesterday I heard the comment “What comes first – the plan or the money?”  The answer is – the plan.  It always starts with a plan.  Just because you have an asset that has a lot of equity in it does not always translate into a cheque being written by a bank or lender.  In fact, most banks and lenders that do write cheques on the strength of available equity and no plan tend to charge accordingly with higher rates of interest and fees. Continue reading “Good deals get good money”