Management had decided to go up to "gold star" status, this meant the following expenses for each owner; granite countertops in kitchen, flat screen TV master bedroom and living room, stainless steel appliances, new furniture, etc.

The nuggets you can get around here are worth thousands of dollars.If you have any questions feel free to ask away.

Go back on the Gold Standard.

Here is my golden nugget of the week!

Stocks, bonds, gold, commodities.

Oil/gold - speculators are getting torn up and they are 'pi$$ed' about itResidential RE - buy and hold (no place to sell and HARD MONEY is tapped out for 09)Commercial RE - RETAIL is going to get kicked hard.

Black wires to gold screws, white wires to silver screws, and green or bare wires to green terminals.

You'd get your fee back but have no place to stay.Personally, I wouldn't hand over a dime without also having an acceptable lease signed by both parties.Finding good tenants is like finding gold in this business.

Just buying assets at .50 cents on the dollar or better... stay deleveraged..Why would you leveage personally... that defeats the purpose of what you are trying to accomplish..Ie... alot of books and people teach when starting out... to pull cash out of their personal residence...That's gambling yoru sole goal is to get personally free of debt or at a very debt to income... 30% or less or so...So, you build a business that uses leverage to create or find equity and duplicates... and then get equity out...Imagine you were back in times... and you found out you could mine for gold...You go out and find gold... and then put it on the shelf hoping one day it would be worth more... well of course it will....but, the moment you found it... is the moment of highest return...

Gold was parabolic for a few hours after that announcement.