Financial Assets
e·piph·a·ny [ i píffənee ] noun
Definition: 1. a sudden realization: a sudden intuitive leap of understanding, especially through an ordinary but striking occurrence
It goes without saying that every one of us has experienced an “ah ha” moment at some point in their life, a moment where one wakes up to an idea or a concept that should have been self-evident all along. Another way I’ve heard this moment expressed is referring to this as a BFO, or a “Blinding Flash of the Obvious”. Either way, what the epiphany does is bring clarity to an otherwise unclear concept or bring awareness of something you were previously unaware.
As you read The 12 Principles of Money it is my hope that you will have many, many epiphanies. Ultimately, it is my hope that the ideas and concepts I share with you about money will provide you clarity and awareness so that you can benefit from them.
These principles are not mine. That is, I deserve no credit for creating or discovering them. I am simply reporting them, explaining them, bringing them to your attention. If I do a good job with my explanations I believe that you will begin to understand why some of your choices and decisions about money have worked and why others have caused you failure. I must confess, I’ve made and will continue to make some poor choices and decisions myself. That said, like you, we can now utilize these principles, The 12 Principles of Money, as our compass to help put us back on track when we get lost.
It’s a good life!
Randall A Luebke RMA, RFC
- Hurricane Wall Street: 4 Steps Consumers Can Take to Protect Themselves The “State” of Money, Credit and Finance in Our World Today September 20, 2008 www.MoneyNation.org From My Good Friends at CMPS Source: CMPS Institute Press Release Last Edited: Monday, 15 Sep 2008, 6:48 PM EDT ...
- The HASP (Home Affordability & Stability Plan aka Making Home Affordable Update 04-25-09 Going forward I plan to keep this blog updated regularly so that it can become an ongoing resource of information for those of you interested in the plan, more so than the institutional sites established by the government or the various banks involved ...
- The HASP Pricing Adjustments Over the past few weeks many of you have contacted me asking me to either assist you with your HASP refinance (Thanks!) or asking me for advice when working with your current lender. While there are many topics to discuss, and I will write ...
- HASP version 2.0 – It’s Starting Fortunately, through responses to this blog, my readers are keeping me/us posted with the latest developments of the HASP. As I’ve previously written, the HASP is really two programs; a refinance program and a loan modification program, which I ha...
- The 12 Principles of Money The Regeneration Principle - No Waiting for 2010 e·piph·a·ny noun Definition: 1. a sudden realization: a sudden intuitive leap of understanding, especially through an ordinary but striking occurrence It goes without saying that every one of us has experienced an “ah ha” mo...
- Goldman Sachs vs. the SEC - The Media is Missing the Real Message, Don’t You! The April 27, 2010 CNBC live televised broadcast of the Goldman Sachs’ executives grilling by the Senate committee investigating the SEC fraud charges against Goldman was THE BEST television I’ve ever seen. (I guess that someone at CNBC must have ag...
- IRS Direct - Key Issues, Tips from the Internal Revenue Service The IRS publishes a number, a HUGE number of documents that are very useful. These documents range from "how to's" about things like qualifying for first time home buyer credits, to information about where to find free support from the IRS or how to t...
- 001 The Bank of You University Podcast - Introduction to The Bank of You Today is Monday January 31, 2011, and this IS the first ever Bank of You University Podcast. Thank YOU for taking time to listen and remember.... this is my very first episode! What is The Bank of You University? What is The Bank of You Pa...
- 002 The Bank of You University Podcast Today is Monday February 14, 2011. In today's episode I will present: What is Retirement Income Planning? An introduction to The 12 Principles of Money - Principle #1 The Principle of Regeneration - Principle #2 - The Principl...
- www.SocialSecuritySmart.com - When to Apply for Social Security Benefits - Spousal Planning - Survivor Benefits - Divorced Benefits - Taxes & Benefits - Working & Benefits - Social Security Trust Fund - Social Security Smart Miscellaneous Information - Social Securit...
- Social Security Smart - When to Apply for Social Security Benefits When to Apply for Social Security Benefits...
- Social Security Smart - Spousal Planning ...
- Social Security Smart - Divorced Benefits social-security-smart-divorced-benefits...
- Social Security Smart - Taxes & Benefits social-security-smart-taxes-benefits...
- Social Security Smart - Working Benefits social-security-smart-working-benefits...
- Social Security Smart - Trust Fund Information social-security-smart-trust-fund-information...
- Social Security Smart - Miscellaneous social-security-smart-miscellaneous...
- Social Security Smart - Web Resources social-security-smart-web-resources...
- Survior Benefits social-security-smart-survior-benefits...
- A Guaranteed Lifetime Income for Retirement Below is a brief article about the flaws associated with the conventional wisdom - Diversify! Diversification in and of itself makes a lot of sense. However, if you are only diversifying among stocks, bonds and mutual funds are you REALLY diversifying...
- I Can't Help Everyone! It's not what we know for sure that get's us in trouble. It's what we know, that just ain't so, that's what get's us in trouble! The following little video I've adapted from some other financial advisor's work. People come to us with all kinds of ...
- Simple Way to Divide Up Your Retirement Assets The ups and downs of the market make for an uncertain financial future for so many. It is all so complicated, and you’re getting conflicting advice. What can be done? There is a new common sense guide by David Vick called, “Bat-Socks, Vegas and...
- A Guarenteed Lifetime Income? Would you rather have a possibility of a high rate of return on your investments and risking your principle, or would you rather accept a lower return (but much higher than a Bank CD would pay) and have no risk to your principle and a guaran...
- Retirement Planning with the ABC Method & Rule of 100 Presented by Shelby J. Smith, Ph.D. You have many places to keep your retirement money: banks, market (stocks, bonds, mutual funds, variable annuities, REIT, etc.), U.S. Savings Bonds, real estate, insurance companies and more. What are the best opti...
- The Politics of Taxation Here are some very interesting statistics: The richest 1% of U.S. household had a net worth 225 time greater than that of the "average" American household according to the 2009 Economic Policy Institute. The previous record was set in 2004 with a ne...
- The Bank of You University - First Time Home Buyer's Credit 1- Facts You Need to Know The First-Time Homebuyers Credit is the real estate equivalent to “Cash for Clunkers,” and it’s had the same effect… bringing out the buyers! The program is winding down, ending November 30th. If you have not purchased a home by now it's ...
- A Wake-Up Call, Are You Listening? ...
- Dan Sullivan- The Bank of You Paradigm (track seven) Click To Play It's A Good Life! Randall A. Luebke RMA, RFC Randy@LifetimeParadigm.com www.LifetimeParadigm.com ...
- Missed Fortune Missed Fortune, written by author Douglas Andrew, spread like wild-fire to the financial advisors, who wanted to implement his strategies to sell more life insurance, and to mortgage professionals (like me) who wanted to provide mortgages to fund that l...
- 003 The Bank of You University Podcast This episode of The Bank of You University Podcast is all about life insurance. Life insurance has got to be one of the most misunderstood, misused financial products in the market even though it's been around for nearly 300 years. This podcast is a ...
- The Bank of You University - First Time Home Buyer's Credit On November 6, 2009, President Obama signed a bill to extend the tax credit for first-time homebuyers (FTHBs) through June 30, 2010. The bill also opens up opportunities for others who are not buying a home for the first time.  ...
- Do NOT Intentionally Miss a Mortgage Payment to Modify Your Mortgage - Please! Ever since the real estate/mortgage market started to unwind (somewhere around 2005-2006) many homeowners have have been ill-advised to intentionally fall behind on their mortgage payments because that was the ONLY way to imitate a loan modification. ...
- Real Estate Average Price Comparisons are USELESS! Not only are National statistics "useless" they are baseless as well! Here is the dig, even if you compare the average or median home price Zip Code by Zip Code, these data are really an awful measure of the change in home values. For example, in th...
- Concerned About Inflation? Part 1 of 2 With all our Government’s “intervention” most everyone knows that inflation is inevitable. The only question to answer is when will it start and how bad will it be? This is Part 1 of a 2 part posting I’m writing about inflation. This articl...
- Credit Markets Deleveraging - What It Will Mean to You An Interview with Jason Hartman of Platinum Properties International and Randy Luebke Click To Play It's A Good Life! Randall A. Luebke RMA, RFC Randy@LifetimeParadigm.com www.LifetimeParadigm.com ...
- FDIC Insurance for Deposits FAR in Excess of $250,000 - Yes You Can! Most people believe that their bank deposits can only be insured up to the $250,000 FCIC limits. The truth is you can insure more of your money, much, much, much more! Click To Play It's A Good Life! Randall A. Luebke RMA, RFC Randy@LifetimePa...
- Old Rags, Turpentine and a Lit Cigarette - What Caused the 1997-2005 Global Housing Bubble, Its Collapse and the Subsequent Global Stock Market Crash of 2008 From a Layman’s Perspective Old Rags, Turpentine and a Lit Cigarette - What Caused the 1997-2005 Global Housing Bubble, Its Collapse and the Subsequent Global Stock Market Crash of 2008 From a Layman’s Perspective While books have been written about what caused the collapse o...
- IRS Direct - Key Issues, Tips from the Internal Revenue Service The IRS publishes a number, a HUGE number of documents that are very useful. These documents range from "how to's" about things like qualifying for first time home buyer credits, to information about where to find free support from the IRS or how to t...
- HASP-Extremely Important Update 04-11-09 We are ready to roll-out the first phase of the HASP program. Your understanding of how the program works and how it affects you is very important. Please, take 15 minutes to read this article even if you believe that the HASP does not rel...
- Real Estate Investor’s – Great News! 10 Loan Investor Financing Available Again Starting March 1st, 2009 Fannie Mae plans to allow real estate investors to finance up to 10 properties, easing their currently restrictive 4 loan policy. This is great news for real estate investors who have been forced to the sidelines over the pas...
- Annuities-Suze Orman, Jane Bryant Quinn, John Biggs & AARP HATE Them - Why? Annuities, fixed indexed annuities I refer to as 3rd Generation Annuities, are almost always one of the core tools I recommend in my retirement pl...
- Dan Sullivan- The Bank of You Paradigm (track six) Click To Play It's A Good Life! Randall A. Luebke RMA, RFC Randy@LifetimeParadigm.com www.LifetimeParadigm.com ...
- Dan Sullivan- the Bank of You Paradigm (track five) Click To Play It's A Good Life! Randall A. Luebke RMA, RFC Randy@LifetimeParadigm.com www.LifetimeParadigm.com ...
- Dan Sullivan- The Bank of You Paradigm (track three) Click To Play It's A Good Life! Randall A. Luebke RMA, RFC Randy@LifetimeParadigm.com www.LifetimeParadigm.com ...
- Dan Sullivan- The Bank of You Paradigm (track two) Click To Play It's A Good Life! Randall A. Luebke RMA, RFC Randy@LifetimeParadigm.com www.LifetimeParadigm.com ...
- Dan Sullivan- The Bank of You Paradigm (track one) Click To Play It's A Good Life! Randall A. Luebke RMA, RFC Randy@LifetimeParadigm.com www.LifetimeParadigm.com ...
- Should a Low-Earning Spouse Take Social Security Benefits Early at Age 62? It is a foregone conclusion now that in the case of a married couple, the high-earning spouse should delay the start of Social Security benefits to age 70. This will provide the most income to the couple while both are alive, and the highest benefit to ...
- Teaching Our Children the Benefits of Starting Their Retirement Savings Early I am the father of two adult children. As of this posting they are 23 & 28. With a father who is a financial advisor they are constantly exposed to the right ideas about saving and investing for retirement. That said, this is a difficult time ...
- 2011 Social Security Trustees Report Released–Ugh! (But Not Un-Expected, Not Really) On Friday, March 13, the OASDI trustees released their 2011 report detailing the current and projected financial status of the Social Security and Disability trust funds. For the first time, the trustees reported that in 2010 payroll taxes were insufficie...
- HASP-The Home Affordability & Stability Plan (aka Making Home Affordable) For months we have keeping you apprised of the Government’s plan to stabilize the real estate market throughout the U.S. I won’t use this posting to go into the reasons why this is necessary. Instead, I will focus on providing you with the most ...
- Where Real Estate Value Declines Are Expeted to Continue - Update May 2009 This is a chart listing every State in the Nation, categorizing each County by their risk associated with the potential of further declination in home prices. The distinctions are as follows: Category 5 markets: Are markets which are generally expe...
- The Tax Transformation Workshop One of my friends and associates, Mark Kohler, is giving a full day workshop in Irvine that I feel would be beneficial for everyone to attend. Mark is not only a savvy tax professional, an attorney and an author; he is also an excellent presenter and make...
- Retirement: Does Life Insurance Have a Place? Retirement: Does Life Insurance Have a Place? Most people would love to avoid paying taxes on money they earn. Also, most people hate the thought of life insurance. Would you believe these two are related? Bankers have been rewarded with FDIC insur...
- Financial Planning and A Sense of Reality Every once in a while we can give up a sense of reality in exchange for a little sense of humor! It’s a good life! Randall A. Luebke RMA, RFC Randy@LifetimeParadigm.com www.LifetimePa...
- 004 The Bank of You University Podicast - Long-Term Care: a Better, Smarter, Safer, Way. How to create unique, cost-effective strategies to cover expenses you hope you will never incur! This episode is a re-broadcast of The Bank of You University live workshop from May 24, 2011. This workshop covered long-term care. During the workshop we discussed: - What long-term care actually is - ...
- How To Lower the Interest Rate of Your Mortgage Without Extending The Term With interest rates today at record lows, lows we have not seen in decades, everyone can and should refinance to save money. Despite what you may hear, refinancing is easy and often can be done 100% free of any costs to the borrower. That said, while e...
- 005 The Bank of You University Podcast - "The End Is Coming" The Beginning of the end…of the year Beginning of the 4th Quarter US Economy is a train wreck World economy is moving in sync US sneezes the rest of the world gets a ...
- The End Is Near! - Are You Ready? The end of the year that is! Please, pardon my "drama" but, truly, we have just entered the 4th quarter of 2011 and there are many issues you should consider and decisions you should make before December 31st rolls around. For example: Taxes &a...
- 006-The Bank of You University Podcast - A Less Stressful, More Fulfilling Life The Bank of You University Podcast Episode 006 – A Less Stressful, More Fulfilling Life Join us on iTunes today! Select this link to go to iTunes This episode of The Bank of You University Podcast series takes a look at our unique ...
- Principle #4-The Principle of Leverage Definition: Leverage Amplifies Everything When you think of leverage what generally comes to mind? A fulcrum? A pulley? In the world of money, leverage means DEBT! That's right, whenever you hear the word leverage in the context of money ...
- 007-The Bank of You Univerisity Podcast - The 12 Principles of Money, Principle #4 - The Principle of Leverage The Bank of You University Podcast Episode 007 – The 12 Principles of Money, Principle #4 - Leverage Join us on iTunes today! Select this link to go to iTunes This episode of The Bank of You University Podcast series take...
- Qualify for A Mortgage After a Shortsale, Default or Foreclosure - Fannie Mae & Feddie Mac Guidelines With so many people behind on their mortgage payments, in foreclosure or "considering" (often referred to as a "Strategic Default) it, I am often asked what happens to my credit? The answer is not simple. Frankly, like any good attorney would say, "...
