I am an ARMs Dealer

I first heard of the term “equity management” in 2003.  I heard Barry Habib discuss this concept at a seminar at the Del Mar Racetrack (critics, please refrain from pointing out the obvious irony).  My first thought was “Cool, they have a name for it now!” 

You see, I am an ARMs dealer and have been since 1996. 

My background was on Wall Street as a financial consultant for two major wirehouses.  I learned about financial planning in Plainsboro, NJ.

I met a man from Wachovia Bank (nee World Savings), Mike Cushing, in 1996. Mike taught me how to properly analyze negative amortization loans.  He taught me how to temper the negative amortization with bi-weekly payments.  I seized the opportunity and developed the mantra

“Go Negative and Invest the Difference“.

  This mantra was not unlike the one espoused by Art Williams as he built the insurance empire that eventually became Primerica (now owned by CitiGroup).  Art Williams encouraged Americans to “Buy Term and Invest the Difference“.

READ THE FULL TEXT HERE

*Article written by guest author Brian Brady and is solely his opinion and information.

I first heard of the term “equity management” in 2003.  I heard Barry Habib discuss this concept at a seminar at the Del Mar Racetrack (critics, please refrain from pointing out the obvious irony).  My first thought was “Cool, they have a name for it now!” 

You see, I am an ARMs dealer and have been since 1996. 

My background was on Wall Street as a financial consultant for two major wirehouses.  I learned about financial planning in Plainsboro, NJ.

I met a man from Wachovia Bank (nee World Savings), Mike Cushing, in 1996. Mike taught me how to properly analyze negative amortization loans.  He taught me how to temper the negative amortization with bi-weekly payments.  I seized the opportunity and developed the mantra

“Go Negative and Invest the Difference“.

  This mantra was not unlike the one espoused by Art Williams as he built the insurance empire that eventually became Primerica (now owned by CitiGroup).  Art Williams encouraged Americans to “Buy Term and Invest the Difference“.

READ THE FULL TEXT HERE

Comments

[Teresa Boardman]

Still hung up on ding bats. But still it is a nice post.