by Leif Jensen | Jun 2, 2021 | Investing |
The basic thought behind any investment, stock, collectable or tchotchke is that it has value and can be resold at a later date; or so thought all of the beanie baby holders. What they were relying on was the “greater fool theory”. The greater fool theory argues that...
by Leif Jensen | Jun 1, 2021 | Investing, Money Management |
When buying stock I believe we subconsciously pick and investment style. It is usually based upon what we have read or hear. But we all invest for the upside, at least theoretically. Upside refers to the potential increase in value, measured in monetary or...
by Leif Jensen | May 26, 2021 | Investing, Money Management, Running a Business |
A number of business for sale state they are a turn-key operation, as well do a huge number of franchises for sale. But, a true turnkey franchise is in a “condition ready for immediate use, occupation, or operation,” according to a strict definition. In most cases, a...
by Leif Jensen | May 24, 2021 | Investing, Money Management, Running a Business |
Thinking of buying a business instead of starting one from scratch? If so, make sure you do your proper due diligence on the business before you pay. I have been watching “Restaurant Impossible” and I am flabbergasted at the price people supposedly paid for...
by Leif Jensen | May 19, 2021 | Investing, Money Management, Rant |
I have a client who is also a friend and each and every year he has some gambling winnings. I give him a little amount of grief over the winnings. We both know that his losses exceed his winnings. But with the restructuring of the Schedule A, my client no longer can...
by Leif Jensen | May 18, 2021 | Estate Planning, Investing, Money Management |
I have a client who has an adult child, that has some issues, and they want to make sure that they are in essence providing long term care. I recommended that they buy a six flat where they can earn enough from the 5 units so their child will always have a place to...
