Financial Solutions

The Human-Capital Approach to Occupational Choice

June 23rd, 2011

My previous post, on the shortage of primary-care doctors, brought forth a set of illuminating comments. As many readers pointed out correctly, the issue has many facets, not only an economic one.

Although economists are fully aware of the complexity of career choices, in their Op-Ed piece on the subject that inspired my initial post, Drs. Peter Bach and Robert Kocher used what economists call the human-capital approach to occupational choice.

That approach styles a career choice as an ordinary investment project, focused mainly on alternative cash flows or, in their more sophisticated forms, monetary equivalents of costs and benefits. Drs.

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The Dangers of Real Estate Ownership and Marriage

June 23rd, 2011

Women just cant live without men, according to a popular cliché. Some people are still under the notion that a women still needs a man to take care of her. That may have been true decades ago, but today many more women are choosing to live without men. For the first time in our history, more than 50% of our women are living on their own. There are a lot of reasons for this phenomenon. If a women has invested in real estate, she may find that marriage can bring about plenty of problems.

For an example, imagine that you own numerous properties , regardless of if youre a man or a woman. You have to think about what this means for your investments. Those are your properties and your responsibility. You will have to make all the payments on them.

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Little Rock’s Sports Page Restaurant Victim of Afternoon Robbery

June 23rd, 2011

The Sports Page, a restaurant located on Louisiana St. in downtown Little Rock, was robbed Friday afternoon.

A restaurant employee couldn’t provide further details, as the robbery is still being investigated. The restaurant has been blocked off and police are collecting evidence.

will update this story.

Tags: Robbery, Sports Page

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Making Money on Foreclosed Properties

June 23rd, 2011

Wise real estate investors know that investing in a foreclosure can be very profitable. However, they are also aware that finding a good foreclosure property is extremely difficult. The real estate market is always bursting with foreclosure properties, yet you have to know what to look for to find the right one. Buying any foreclosure property without any research can also lead to financial losses for you. So you have to be extremely careful.

Red Flags:

You would do well to eliminate the foreclosure properties from the list that are not appropriate. That means they will not provide you with a financial benefit. There will always be properties that will seem like great bargains. The prices will be lower than others on the market. You should be particularly careful when dealing with those.

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