Monthly Archives: March 2010

You are browsing the site archives by month.

To Foreclose or Not to Foreclose: Short Sales and Jedi Mind Tricks (Part 3)

 

Play Mind Tricks

You think, “I cannot do this anymore.  It is crazy.  There is no hope for this economy.  I cannot hold on any longer.  I am sinking.  I need to foreclose now.  I will do it.”

But wait! 

At the back of your mind, you are thinking – is there another option?  Options?  You are thinking – I think I may have heard of something. 

There is one: through a short sale.  But again, it is not that simple.

Read More →

Have We Lost the Art of Stopping?

 

In Constant Motion

I laugh at myself.

I have a half-open book on my left, my cellphone removed from its case at my right, my computer open and my internet divided into 6 windows – my gmail, my blog, my bank, the latest topic I am researching, paypal and a website that I liked.  Another open window is the company Lotus Notes, alerting me through a tiny beep from time to time that I have new mail and that I must open it asap.

My surrounding gives me the appearance of being busy, or always being in constant motion.  Productivity.  When I stopped just now, I find that my brain is betraying me because it is still thinking of other things to do.  It is still “doing” (or wants to).

Have we lost the art of not doing anything (in the literal sense of the word)?… Wait, does it even exist?

Because even if we are at rest, we are not.

Read More →

To Foreclose or Not to Foreclose: Let’s Talk Taxes (Part 2)

 

Where Angels Fear to Tread

It was one of the hardest decisions you had to make.

In your mind, okay, I will let go of the house.  I cannot pay it anymore.  It makes no sense to pay for a steep mortgage when the value of the house has gone down by half.  No sense.  Everybody is doing it anyway.  I should be fine.

You do it, sign the papers, let the bank foreclose and rest on your laurels.

Then while sitting on the living room of your new rented apartment, you get a bill, a huge tax bill because – guess what – you have made money on the foreclosure of your home.  Money?  But where is it?

Read More →

How to be Good in Sales

 

Once Upon A Time

I’m easy.

I mean if you tell me you will not buy from me, I’m cool with it. I will not pester you or badger you.  You will hear the end of it right there and then.  Promise.

But (sigh), these are not the traits of a master sales (wo)man, traits that, Robert Kiyosaki assures me, will make me very rich.

Read More →

To Foreclose or Not to Foreclose (Part 1)

 

Another Day

Having a house is the ultimate dream.  I have dreamed about it but never thought I would have it so soon, thanks to parents who have generously thought of providing for their children while they and the children are still young and the parents can see and feel the gratitude of the children for that wonderful (and needed) gesture (okay, dole-out).

Indeed why wait for death, or why imagine that your children are waiting for your death, before giving your children what you are thinking of giving them anyway?  But this is for another story and for another time.

In the year 2009, the world was rocked by stories of foreclosures, foreclosures which have been instrumental in bringing down the single most powerful economy in the world – that of the United States.

Read More →

Investing in Another Person’s Business

 

Flow

At one point in your life, you will be given what you think will be a golden opportunity – investing in someone else’s business.  Before you turn giddy and give your yesses and your checks, think.

My husband and I, we are very enthusiastic persons.  The idea of getting into a new business – except when it involves multi-level marketing, which does not float our boat – is enough to send us to euphoria.  But of late, we have been a little selective and a little wary of the businesses we get into.  We have been burned some of the time and if added up, those investments would run into the hundreds of thousands.  Okay, okay, some are not yet “dead” but we worry about them constantly and we do not think that worrying is very good use of our time and our money.

Read More →

How to Spark Inspiration

 

Making the Wheels Turn

Let us face it.  It is not everyday that we see the world with rose-colored glasses.  It is monotony that that kisses our faces day in and day out, like waves that do not fail to come to the shore; it is the humdrum of everyday life that besets us and pummels us into submission; the unexciting coming more often rather than the exciting.  And yes, there is some comfort in that.  The heart can only take so much – of happiness, of excitement, of something happening all the time.

But when you need to, how do you inspire yourself?

Read More →

Lessons from the Business of Show Business

No Business Like Show Business

It was not my first time.

I remember.  It was more than 15 years ago when I produced my first show.  It was in a southern province, accessible by land (8 hours) and by air (45 minutes).  We partnered with someone who was introduced to us as the wife of a Brunei prince.  Such was the rage at that time and many young women – some described as desperate, others gold diggers, others still victims of their own beauty (and another’s greed) – fell for the charms of dark-skinned princes, giving birth to scions of royalty.

Indeed she was beautiful and was moneyed and was very much interested in bringing to her hometown some showbiz denizens.  “To make my mother happy,” she quipped.

The show was a moderate success and we learned a lot.  One partner made some unnecessary trips by plane which added to the expenses; the people that we tapped to get sponsors did not deliver (they got zero sponsors); the souvenir program was overpriced (we ended up hauling the whole lot back to headquarters); it was not easy.

I was reminded again of these lessons when we did “Love in the Key of R”.

Read More →