Menu
Cart 0

John T. Reed’s news blog

Real estate investment background of John T. Reed

Posted by John T. Reed on

I graduated from West Point and got an MBA from Harvard Business School. I have worked in the fields I write about and researched them thoroughly. I only write about subjects where I think the existing books are incorrect or incomplete or both.  My books typically differ from those of other authors in a number of ways: more real world, for example, my baseball coaching books tell how opposing coaches try to cheat in the player draft more iconoclastic more thorough more tell you what you need to know; not what you want to hear more ethical and legal more safety conscious (mainly applies to sports coaching books) as much emphasis on risk management as reward ...

Read more →

What metric do you use to determine your financial health? Income? Passive income? Assets? Debt? Net worth? Rental properties? Something else?

Posted by John T. Reed on

Net worth and a declining loan-to-value ratio on your portfolio. There is a huge difference between having a net worth of $3 million in free-and-clear real estate and the same net worth in a portfolio of $20 million of real estate where you owe $17 million in mortgages.Also, don’t just pick an impressive round number like I did. More is not the goal. Enough is.How much is enough? Show me your shopping list of stuff you need but cannot now afford. Most people laugh that they would have no trouble sending $ million or so. “Show me your shopping list,”...

Read more →

Trump deregulating like ‘Medlock’

Posted by John T. Reed on

Trump today stood next to a huge pile of regulations. My Unelected President “Mike Medlock” eliminated all regulations and gave an 88-day comment period as required by law. During that 88 days, the “lectern” used by his spokesperson was the stack of all 170,000 pages of the Code of Federal Regulations. On the final day, most went poof with some being rewritten in a far more libertarian, Plain English manner.   Did Trump get that idea from me? It’s not that original of an idea. Stossel liked to do stunts with stacks of regulations. But I did send a copy...

Read more →

Compare Trump to modern predecessors

Posted by John T. Reed on

When you compare Trump to perfection, he looks bad. But that’s a waste of time.Try asking yourself who would you rather have, Trump or each of his predecessors since, say, 1960:JFK—Stood up to USSR in Berlin and Cuba, tax cut, moon, affirmative action, Bay of PigsLBJ—Vietnam, War on Poverty, entitlements, Civil Rights ActNixon—Vietnam, China, Watergate, price controls, abandoned gold, likely impeachment, resignationFord—Whip Inflation Now buttonsCarter—Israel-Egypt peace treaty, “malaise”Reagan—Iran Contra, tax cuts, Tax Reform Act of 1986, deregulation of S&Ls and resulting S&L debacle, won Cold War, Amnesty, Arms treaties, ended inflationBush I—Desert Storm, “read my lips” tax increases, Mr. Ruling...

Read more →

Moore is being accused of more than he did

Posted by John T. Reed on

http://reason.com/blog/2017/11/10/how-going-a-little-too-far-with-a-girl-a   The Reason magazine article link above says the allegations about Moore regarding the 14-year-old girl do constitute two serious crimes. The age of consent in AL is and was 16.   But the statements repeated again and again that he “molested” or “preyed on” nine teenagers or “children” are arguably libel vis a vis Moore and brazen violations of journalistic ethics and give lie to the claims of the news organizations to the extent they claim to present only factual and logical accounts and analysis.   I have a low opinion of college men who date high school...

Read more →