Posts Tagged ‘conventional’

“Conventional wisdom daunts initiative and offers far too many convenient reasons for inaction, especially for those with a great deal to lose.” -Felix Dennis

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Conventional Money?

Posted: October 12, 2018 in Money Matters
Tags: , , , , ,

“The problem with conventional advice about money is that it’s not only conventional but also often wrong.” -Robert Kiyosaki

“You’ll never guess what’s leading consumer debt higher now, at this stage in the cycle… mortgages… specifically, a new type of Fannie and Freddie mortgage product. It’s called ‘The Conventional 97’. It only requires a 3% down payment.

What’s ‘conventional’ about this kind of loan? Nothing, of course. No private lender would ever make a loan like this where the lender is taking all of the risk.” -Porter Stansberry

“Conventional wisdom daunts initiative and offers far too many convenient reasons for inaction, especially for those with a great deal to lose.” -Felix Dennis