Some Common Cents for July 19th 2013

July 22, 2013, by John Norris

Late yesterday, a co-worker stuck his head in my office and said: “I sure hope you don’t have any Detroit bonds on the books.” I hadn’t seen that city’s bankruptcy announcement yet, but I assured him we didn’t. You couldn’t have paid me enough to buy any of its debt, at least since we opened Oakworth. As everyone knows, Detroit has been on the proverbial decline for years. Its population topped out in the 1950...

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Is now the right time to buy real estate on the Gulf Coast?

, by John Norris

  There are no such things as bad investments; there are only bad prices. After all, you could have bought a house in Gulf Shores in 2007 at the top of the market and still had an asset worth something in 2010. Sure, the market value might have been less than your cost, but someone would have been willing to pay you something for it. Read the full article as previously published in the Montgomery Advertiser...

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Some Common Cents for July 12th 2013

July 15, 2013, by John Norris

The movie “World War Z” is currently in the theaters, and has done quite well, better than many had thought it would. This is a good thing, as the movie will undoubtedly push people to the truly excellent novel by Max Brooks, the son of Mel Brooks and Anne Brancroft. Now, I had never been a fan of the zombie genre in the past, at all. Period. However, I do like a good dystopian, post-Apocalyptic yarn,...

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Some Common Cents for July 5th 2013

July 11, 2013, by John Norris

This morning’s Employment Situation report was better than most people anticipated. The economy created some 195K new payrolls during June, and all seems well with the world. Why in the heck would anyone look a gift horse in the mouth, or complain about the free beer being too cold? I suppose it is just in my nature. Simply put, the data was a little too good, given the overall level of economic activity we have seen recently. After all, we...

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Career key is excel at what you do

, by John Norris

  The key is to push your child into an area where they can succeed; where they can be better than everyone else. Does the country need another history major? No. However, it also doesn’t need all the business majors it gets every year. Nope; again, the economy needs innovative, creative leaders. Here is a question for you: what do Steve Jobs, Bill Gates, Ralph Lauren, Ted Turner, and Michael Dell have in common? Give...

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