Risk versus reward

Risk versus reward   I had a really good opportunity for a private money lender, recently. I emailed the information to everyone I thought would be interested. The deal was to loan money to us at 6% interest only. I noted in the email that 6% was three times what the, and I quote, “high yield” CDs and bonds being are offered for in 2020, according to bankrate.com.   The…

Do your notes need to carry interest?

Do your notes need to carry interest?   I was at worship the other day with a five-yea- old who was trying to sell his Rubik’s Cube.  I didn’t know they still make those things, but for fun, I played along and asked him how much he wanted for the toy.   Tyner:  “Nine hundred sixteen”. Me:  “Nine hundred sixteen what?” Tyner:  “Cents.” Me:  “OK, how about this; I can…

Do Your Notes Need To Carry Interest?

I was at worship the other day with a five year old who was trying to sell his Rubik’s Cube.  I didn’t know they still make those things, but, I played along.  I asked him how much he wanted for the Rubik’s Cube.   Tyner:  “Nine hundred sixteen”. Me:  “Nine hundred sixteen what?” Tyner:  “Cents.” Me:  “Ok,”  “How about ten cents down, twenty cents a month until it is paid…