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Dec102018

Why do you need to sign a prenuptial agreement? Marriage is supposed to be for life.

Peter AnswersBy P.T.December 10, 2018Leave a comment

People may argue the statistics, but more than 80% of my high school classmates were divorced from their first spouse within 20 years. The odds are that YOUR marriage won’t last. The reality is that people who marry are in love and often think their relationship will last for life, but it doesn’t. Of course,…

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Dec102018

What would you consider to be a substantial amount of money?

Peter AnswersBy P.T.December 10, 2018Leave a comment

I personally think that anyone who has assets worth 2c more than my assets is rich and has a substantial amount of money. But looking at it that way, everybody’s answer would be different. It seems to me that if we want to be objective, not personal, the answer is F.I.R.E. ——> Enough to be…

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Dec92018

What is the most common idiosyncrasy we see between self made millionaires and billionaires?

Peter AnswersBy P.T.December 9, 2018Leave a comment

We are all considered crazy by our contemporaries and wives. We think differently than most people. If we go into a sandwich shop we don’t see a pastrami sandwich that is short on meat, we see an opportunity to build and market a much better product. We see opportunity and unmet needs everywhere we look.…

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Dec82018

What data do you look at while figuring out if the value of a house is going to appreciate?

Peter AnswersBy P.T.December 8, 2018Leave a comment

The most important thing would be 1) Location- must be desirable… 2) Look for rising incomes and full employment in the area. That usually equals rising home prices 3) The property itself must be attractive inside and out for it to be an easy sale 4) It should be the type of property that qualifies…

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