Click Here to see more reviews about: Financial Instruments and Institutions: Accounting and Disclosure Rules (Hardcover)
12/27/2009
Review of Financial Instruments and Institutions: Accounting and Disclosure Rules (Hardcover)
Click Here to see more reviews about: Financial Instruments and Institutions: Accounting and Disclosure Rules (Hardcover)
11/09/2009
Review of Business Marketing Management: B2B (Hardcover)
Click Here to see more reviews about: Business Marketing Management: B2B (Hardcover)
10/27/2009
Review of Creating Wealth: Retire in Ten Years Using Allen's Seven Principles of Wealth, Revised and Updated (Hardcover)
Many techniques that are mentioned such as targetingassumable mortgages are out of date and useless.And many of the deals hecovers as examples seem like a fast way to build up debt and incur monthlynegative cash flow losses.
A google search on Robert G. Allen revealsthat he is no longer pushing real estate but a vitamin multilevel marketingcompany.Also, a look at John T Reed's website reveals that Allen hasfiled for bankruptcy in the time period between when this book was writtenand today...1996, I believe.
There are probably better and more relevantreal estate books out there.Since I'm still searching for my personalreal estate methodology, I can't recommend anything now, but I would notrecommend this book to others -- especially beginners.
Click Here to see more reviews about: Creating Wealth: Retire in Ten Years Using Allen's Seven Principles of Wealth, Revised and Updated (Hardcover)
Review of Principles of Econometrics (Hardcover)
Hill's "Undergraduate Econometrics" instills understanding by slowly going through derivations and principles, while at the same time motivating econometric analysis by referring to economic situations where it can be used. Much better than Gujarati (which tends to be a "cookery book" rather than giving an integrated treatment).
The book both motivates the student and takes them through the steps and methods they will need to adopt in further econometric studies, and always provides a good reference (often to one of the parent books mentioned above) when it omits proofs and other details.
The only weakness of the book reveals what is (to my mind) an unhealthy preoccupation with estimation issues, as opposed to those of data quality. As people like Granger have consistently pointed out, the real issues in 21st century econometrics have to do with what sort of data we have, and what methods are most appropriate in different situations. Despite this, Hill et al almost exclusively dwell on the identically and independently distributed (iid) specification. However, I should point out in the book's defence that this preoccupation is shared by most other introductory (and graduate) textbooks on econometrics.
The book's good points far outweigh these weaknesses. Finally, the second edition has some updates, and discusses such developments as time series econometrics."Undergraduate Econometrics" should definitely be purchased by anyone wishing to learn about modern empirical methods.
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10/20/2009
Review of The 16% Solution: How to Get High Interest Rates in a Low-Interest World with Tax Lien Certificates, Revised Edition (Hardcover)
True it was written back in the 90's, but things really haven't changed all that much. And yes it is true that institutions are in on tax liens, but the real truth is that these were and are and always have been the primary players. I suspect the negative reviews are from banks and other institutions who do not want you to know about these outstanding investments.
The rate of return is not cut in stone. While you are not guaranteed 16%, in some states and in many cases you can earn 50%...even today.
I invest in tax liens and especially over the last three years, have far outperformed the stock market and other forms of investment. I have also picked up houses for pennies on the dollar via tax liens. Remember, a tax lien is superior to all other liens, even IRS liens.
As I said, I invest in tax liens and the USA is a huge market place. I don't feel that letting you know what a great investment tax liens are is going to hurt my business. And no, I do not have any courses or books to sell. Nor am I in any way associated with this author or any other author or seminar promoter. I just believe in these investments based on my own experience and hate to see potential investors scared away from a very powerful and lucrative investment because of one malcontent who is only trying to push a dead website which does have books and seminars to sell.
I guess I am old fashioned that way.
The 16% Solution is an outstanding book and I highly recommend it.
Click Here to see more reviews about: The 16% Solution: How to Get High Interest Rates in a Low-Interest World with Tax Lien Certificates, Revised Edition (Hardcover)