Estate Related Quotes

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But what if he neglect the care of his soul? I answer: What if he neglect the care of his health or of his estate, which things are nearlier related to the government of the magistrate than the other? Will the magistrate provide by an express law that such a one shall not become poor or sick? Laws provide, as much as is possible, that the goods and health of subjects be not injured by the fraud and violence of others; they do not guard them from the negligence or ill-husbandry of the possessors themselves. No man can be forced to be rich or healthful whether he will or no. Nay, God Himself will not save men against their wills.
John Locke (A Letter Concerning Toleration)
He had altered his method of matching books to readers. He often asked, "How would you like to feel when you go to sleep?" Most of his customers wanted to feel light and safe. He asked others to tell him about their favorite things. Cooks loved their knives. Estate agents loved the jangle made by a bunch of keys. Dentists loved the flicker of fear in their patients' eyes; Perdu had guessed as much. Most often he asked, "How should the book taste? Of ice cream? Spicy, meaty? Or like a chilled rose?" Food and books were closely related. He discovered this in Sanary, and it earned him the nickname "the book epicure.
Nina George (The Little Paris Bookshop)
Racism is both overt and covert. It takes two, closely related forms: individual whites acting against individual blacks, and acts by the total white community against the black community. We call these individual racism and institutional racism. The first consists of overt acts by individuals, which cause death, injury or the violent destruction of property. This type can be recorded by television cameras; it can frequently be observed in the process of commission. The second type is less overt, far more subtle, less identifiable in terms of specific individuals committing the acts. But it is no less destructive of human life. The second type originates in the operation of established and respected forces in the society, and thus receives far less public condemnation than the first type. When white terrorists bomb a black church and kill five black children, that is an act of individual racism, widely deplored by most segments of the society. But when in that same city - Birmingham, Alabama - five hundred black babies die each year because of the lack of proper food, shelter and medical facilities, and thousands more are destroyed and maimed physically, emotionally and intellectually because of conditions of poverty and discrimination in the black community, that is a function of institutional racism. When a black family moves into a home in a white neighborhood and is stoned, burned or routed out, they are victims of an overt act of individual racism which many people will condemn - at least in words. But it is institutional racism that keeps black people locked in dilapidated slum tenements, subject to the daily prey of exploitative slumlords, merchants, loan sharks and discriminatory real estate agents. The society either pretends it does not know of this latter situation, or is in fact incapable of doing anything meaningful about it.
Stokely Carmichael (Black Power: The Politics of Liberation)
Melville, in his relation to belief, was like the last guest who cannot leave the party; he was always returning to see if he had left his had and gloves.
James Wood (The Broken Estate: Essays on Literature and Belief)
We are the bourgeoisie—the third estate, as they call us now—and what we want is a nobility of merit, nothing more. We don't recognize this lazy nobility we now have, we reject our present class hierarchy. We want all men to be free and equal, for no one to be someone else's subject, but for all to be subject to the law. There should be an end of privileges and arbitrary power. Everyone should be treated equally as a child of the state, and just as there are no longer any middlemen between the layman and his God, so each citizen should stand in direct relation to the state. We want freedom of the press, of employment, of commerce. We want all men to compete without any special privileges, and the only crown should be the crown of merit.
Thomas Mann (Buddenbrooks: The Decline of a Family)
What is the road as it relates to wealth journey? If you're a Slowlaner, your road is your job: doctor, lawyer, engineer, salesman, hairdresser, pilot. If you're a Fastlaner, your road is a business: Internet entrepreneur, real estate investor, author, or inventor.
M.J. DeMarco (The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime!)
Chances are good that if you walked away from your house after the real estate market collapsed, the Cavs now own it.
Michael Rosenberg
This has always been a fatal flaw in U.S. real estate: the volume of development has been related to the availability of funds, not to demand.
Sam Zell (Am I Being Too Subtle?: Straight Talk From a Business Rebel)
Our whole culture is based on the appetite for buying, on the idea of a mutually favorable exchange. Modern man's happiness consists in the thrill of looking at the shop windows, and in buying all that he can afford to buy, either for cash or on installments. He (or she) looks at people in a similar way. For the man an attractive girl—and for the woman an attractive man—are the prizes they are after. 'Attractive' usually means a nice package of qualities which are popular and sought after on the personality market. What specifically makes a person attractive depends on the fashion of the time, physically as well as mentally. During the twenties, a drinking and smoking girl, tough and sexy, was attractive; today the fashion demands more domesticity and coyness. At the end of the nineteenth and the beginning of this century, a man had to be aggressive and ambitious—today he has to be social and tolerant—in order to be an attractive 'package'. At any rate, the sense of falling in love develops usually only with regard to such human commodities as are within reach of one's own possibilities for exchange. I am out for a bargain; the object should be desirable from the standpoint of its social value, and at the same time should want me, considering my overt and hidden assets and potentialities. Two persons thus fall in love when they feel they have found the best object available on the market, considering the limitations of their own exchange values. Often, as in buying real estate, the hidden potentialities which can be developed play a considerable role in this bargain. In a culture in which the marketing orientation prevails, and in which material success is the outstanding value, there is little reason to be surprised that human love relations follow the same pattern of exchange which governs the commodity and the labor market.
Erich Fromm (The Art of Loving)
When at last he reached home, eleven and a half years after setting off, and having achieved nothing, he discovered that his relatives had had him declared dead in his absence and had enthusiastically plundered his estate.
Bill Bryson (A Short History of Nearly Everything)
I was born in the year 1632, in the city of York, of a good family, though not of that country, my father being a foreigner of Bremen, who settled first at Hull. He got a good estate by merchandise, and leaving off his trade, lived afterwards at York, from whence he had married my mother, whose relations were named Robinson, a very good family in that country, and from whom I was called Robinson Kreutznaer; but, by the usual corruption of words in England, we are now called - nay we call ourselves and write our name - Crusoe; and so my companions always called me.
Daniel Defoe (Robinson Crusoe)
Alienated from most of his relatives, Walsh left his entire estate to a questionable charity
Dean Koontz (The House at the End of the World)
most millionaires generally don’t limit themselves to stocks, bonds, and related investments—they invest heavily in private businesses and real estate.
Thomas J. Stanley (The Millionaire Mind (Millionaire Set))
How do you solve a problem as old as the United States? Gentrification may be a relatively recent phenomenon, but as geographer Neil Smith notes, it's really just the continuation of the 'locational seesaw' - capital moves to one place seeking high profits, then, when that place becomes less profitable, it moves to another place. The real estate industry is always looking for new markets in which it can revitalize its profit rate. Fifty years ago that place was suburbs. Today it's cities. But that's only half the explanation for gentrification. In order to understand why cities are so attractive to invest in, it's important to understand what made them bargains for real estate speculators in the first place. It may sound obvious, but gentrification could not happen without something to gentrify. Truly equitable geographies would be largely un-gentrifiable ones. So first, geographies have to be made unequal.
P.E. Moskowitz (How to Kill a City: Gentrification, Inequality, and the Fight for the Neighborhood)
Forty percent of the workforce are white-collar workers, most of whom have some of the most tedious and idiotic jobs ever concocted. Entire industries, insurance and banking and real estate for instance, consist of nothing but useless paper-shuffling. It is no accident that the "tertiary sector," the service sector, is growing while the "secondary sector" (industry) stagnates and the "primary sector" (agriculture) nearly disappears. Because work is unnecessary except to those whose power it secures, workers are shifted from relatively useful to relatively useless occupations as a measure to assure public order. Anything is better than nothing. That's why you can't go home just because you finish early. They want your *time*
Bob Black (The Abolition of Work)
Some alters are what Dr Ross describes in Multiple Personality Disorder as 'fragments'. which are 'relatively limited psychic states that express only one feeling, hold one memory, or carry out a limited task in the person's life. A fragment might be a frightened child who holds the memory of one particular abuse incident.' In complex multiples, Dr Ross continues, the 'personalities are relatively full-bodied, complete states capable of a range of emotions and behaviours.' The alters will have 'executive control some substantial amount of time over the person's life'. He stresses, and I repeat his emphasis, 'Complex MPD with over 15 alter personalities and complicated amnesia barriers are associated with 100 percent frequency of childhood physical, sexual and emotional abuse.' Did I imagine the castle, the dungeon, the ritual orgies and violations? Did Lucy, Billy, Samuel, Eliza, Shirley and Kato make it all up? I went back to the industrial estate and found the castle. It was an old factory that had burned to the ground, but the charred ruins of the basement remained. I closed my eyes and could see the black candles, the dancing shadows, the inverted pentagram, the people chanting through hooded robes. I could see myself among other children being abused in ways that defy imagination. I have no doubt now that the cult of devil worshippers was nothing more than a ring of paedophiles, the satanic paraphernalia a cover for their true lusts: the innocent bodies of young children.
Alice Jamieson (Today I'm Alice: Nine Personalities, One Tortured Mind)
When an Indian Child has been brought up among us, taught our language and habituated to our Customs, yet if he goes to see his relations and make one Indian Ramble with them there is no persuading him ever to return, and that this is not natural merely as Indians, but as men, is plain from this, that when white persons of either sex have been taken prisoner young by the Indians, and lived awhile among them, tho’ ransomed by their Friends, and treated with all imaginable tenderness to prevail with them to stay among the English, yet in a Short time they become disgusted with our manner of life, and the care and pains that are necessary to support it, and take the first opportunity of escaping again into the Woods, from whence there is no reclaiming them. One instance I remember to have heard, where the person was to be brought home to possess a good Estate; but finding some care necessary to keep it together, he relinquished it to a younger brother, reserving to himself nothing but a gun and match-Coat, with which he took his way again to the Wilderness.30
David Graeber (The Dawn of Everything: A New History of Humanity)
Yet behind all of the populist hot air, and the big shot persona, is a man who is very cunning. As a real estate mogul worth billions, a man like Donald Trump knows how to relate to an audience better than a politician. He has to as each transaction he is working on can increase his personal wealth. Moreover, he doesn’t have the time to make the connections while trying to close a deal that an average politician does. He has to, as a salesman, become expert at being a “five minute friend”. Every move has to count in building a credible connection that will get him to, and beyond, the closing table.
Robert Montgomerie
Still weakened, he finally made it onto a ship. It was nearly wrecked in a hurricane off the African coast. When at last he reached home, eleven and a half years after setting off, and having achieved nothing, he discovered that his relatives had had him declared dead in his absence and had enthusiastically plundered his estate.
Bill Bryson (A Short History of Nearly Everything)
We, the bourgeoisie – the Third Estate, as we have been called – we recognize only that nobility which consists of merit; we refuse to admit any longer the rights of the indolent aristocracy, we repudiate the class distinctions of the present day, we desire that all men should be free and equal, that no person shall be subject to another, but all subject to the law. There shall be no more privilege and arbitrary rule. All shall be sovereign children of the state; and as no middlemen exist any longer between the people and almighty God, so shall the citizen stand in direct relation to the State. We will have freedom of the press, of trade and industry, so that all men, without distinction, shall be able to strive together and receive their reward according to their merit.
Thomas Mann (Buddenbrooks)
Shiny new real estate may dress up a declining city, but it doesn’t solve its underlying problems. The hallmark of declining cities is that they have too much housing and infrastructure relative to the strength of their economies. With all that supply of structure and so little demand, it makes no sense to use public money to build more supply. The folly of building-centric urban renewal reminds us that cities aren’t structures; cities are people.
Edward L. Glaeser (Triumph of the City: How Our Greatest Invention Makes Us Richer, Smarter, Greener, Healthier, and Happier)
Wynter's Pass was a picturesque region in the north of Vohlfhein, where the Bleak Hills eventually collapsed into the Frozen Sea. From the back of Mr. Buckles, who had been on a slow trot since sunrise, Monch watched the light glisten off of the frozen branches of the evergreens. As the sun warmed the frozen ground, sending the evening's frost into retreat, Monch absorbed the splendor of it all and wondered how expensive the local real estate must be around here. He then contemplated attempting to find an agent that would represent his interests well. "This land is such a spectacular wonder," the Lion of Ahriman declared. "It would be very much sought after if they could just do something about the bears, the White Orts, the wolves, the bloodthirsty cannibals, the snow manapés, the frost wizards, the northern bandit gangs, the dire lynxes, the similarly sounding but not related pygmy bloodthirsty cannibals, the demon possessed yaks, the dead-soul animated trees, the..." Monch paused for a moment. "It just occurred to me that this land is really not safe at all. It seems almost everything in it wants to kill me," the Templar admitted.
D.F. Monk (Tales of Yhore: The Chronicles of Monch)
Had the German staff behaved well or was one supposed to read into the letter of Gilberte the contagious effect of the spirit of the Guermantes who were of Bavarian stock and related to the highest aristocracy in Germany, for Gilberte was inexhaustible about the perfect behaviour of the staff and of the soldiers who had only asked “permission to pick one of the forget-me-nots which grew at the side of the lake,” good behaviour she contrasted with the unbridled violence of the French fugitives who had traversed the estate and sacked everything before the arrival of the German generals.
Marcel Proust (In Search Of Lost Time (All 7 Volumes) (ShandonPress))
It is only in relation to state action that the interests of different men become welded into “classes,” for state action must always privilege one or more groups and discriminate against others. The homogeneity emerges from the intervention of the government in society. Thus, under feudalism or other forms of “land monopoly” and arbitrary land allocation by the government, the feudal landlords, privileged by the state, become a “class’ (or “caste” or “estate”). And the peasants, homogeneously exploited by state privilege, also become a class. For the former thus constitute a “ruling class” and the latter the “ruled.
Murray N. Rothbard (Conceived in Liberty (LvMI))
Augustine, as bishop of Hippo, appointed his monk Antoninus in the 410s to be bishop of a subordinate diocese at Fussala, one of Africa’s relatively few villages, in the hills of what is now eastern Algeria. Antoninus turned out to be a bad man - he was young and from a poor family, he was promoted too fast - and he terrorized his village, extorting money, clothing, produce and building materials. He was also accused of sexual assault. Augustine removed him, but did not depose him, and tried to transfer him to the nearby estate of Thogonoetum. Here, the tenants told Augustine and their landowner that they would leave if he came.
Chris Wickham (The Inheritance of Rome: Illuminating the Dark Ages 400-1000 (The Penguin History of Europe Book 2))
Unluckier still was Guillaume Le Gentil, whose experiences are wonderfully summarized by Timothy Ferris in Coming of Age in the Milky Way. Le Gentil set off from France a year ahead of time to observe the transit from India, but various setbacks left him still at sea on the day of the transit—just about the worst place to be since steady measurements were impossible on a pitching ship. Undaunted, Le Gentil continued on to India to await the next transit in 1769. With eight years to prepare, he erected a first-rate viewing station, tested and retested his instruments, and had everything in a state of perfect readiness. On the morning of the second transit, June 4, 1769, he awoke to a fine day, but, just as Venus began its pass, a cloud slid in front of the Sun and remained there for almost exactly the duration of the transit: three hours, fourteen minutes, and seven seconds. Stoically, Le Gentil packed up his instruments and set off for the nearest port, but en route he contracted dysentery and was laid up for nearly a year. Still weakened, he finally made it onto a ship. It was nearly wrecked in a hurricane off the African coast. When at last he reached home, eleven and a half years after setting off, and having achieved nothing, he discovered that his relatives had had him declared dead in his absence and had enthusiastically plundered his estate.
Bill Bryson (A Short History of Nearly Everything)
All the time God ever spent on you was wasted, an' your mother's had the same luck. I s'pose God's used to having creatures 'at He's made go wrong, but I pity your mother. Goodness knows a woman suffers an' works enough over her children, an' then to fetch a boy to man's estate an' have him, of his own free will an' accord, be a liar! Young man, truth is the cornerstone o' the temple o' character. Nobody can put up a good buildin' without a solid foundation; an' you can't do solid character buildin' with a lie at the base. Man 'at's a liar ain't fit for anything! Can't trust him in no sphere or relation o' life; or in any way, shape, or manner. You passed out your word like a man, an' like a man I took it an' went off trustin' you, an' you failed me.
Gene Stratton-Porter (The Song of the Cardinal)
Dear Kathleen, I have just returned from the Lufton farm after inquiring about the welfare of their newest resident. Please convey to all concerned parties that Hamlet is thoroughly content with his pen, which, I might add, has been constructed to the highest porcine standards. He seems enthused about keeping company with his own harem of sows. I would venture to say that a pig of simple pleasures could ask for nothing more. All other news from the estate pertains to drainage trenches and plumbing mishaps, none of it agreeable to relate I am anxious to know how you are taking the engagement between Helen and Winterborne. In the spirit of brotherly concern, I beg you to write soon, at least to tell me if murder is being planned. Affectionately yours, West
Lisa Kleypas (Cold-Hearted Rake (The Ravenels, #1))
Finally, we arrive at the question of the so-called nonpolitical man. Hitler not only established his power from the very beginning with masses of people who were until then essentially nonpolitical; he also accomplished his last step to victory in March of 1933 in a "legal" manner, by mobilizing no less than five million nonvoters, that is to say, nonpolitical people. The Left parties had made every effort to win over the indifferent masses, without posing the question as to what it means "to be indifferent or nonpolitical." If an industrialist and large estate owner champions a rightist party, this is easily understood in terms of his immediate economic interests. In his case a leftist orientation would be at variance with his social situation and would, for that reason, point to irrational motives. If an industrial worker has a leftist orientation, this too is by all mean rationally consistent—it derives from his economic and social position in industry. If, however, a worker, an employee, or an official has a rightist orientation, this must be ascribed to a lack of political clarity, i.e., he is ignorant of his social position. The more a man who belongs to the broad working masses is nonpolitical, the more susceptible he is to the ideology of political reaction. To be nonpolitical is not, as one might suppose, evidence of a passive psychic condition, but of a highly active attitude, a defense against the awareness of social responsibility. The analysis of this defense against consciousness of one's social responsibility yields clear insights into a number of dark questions concerning the behavior of the broad nonpolitical strata. In the case of the average intellectual "who wants nothing to do with politics," it can easily be shown that immediate economic interests and fears related to his social position, which is dependent upon public opinion, lie at the basis of his noninvolvement. These fears cause him to make the most grotesque sacrifices with respect to his knowledge and convictions. Those people who are engaged in the production process in one way or another and are nonetheless socially irresponsible can be divided into two major groups. In the case of the one group the concept of politics is unconsciously associated with the idea of violence and physical danger, i.e., with an intense fear, which prevents them from facing life realistically. In the case of the other group, which undoubtedly constitutes the majority, social irresponsibility is based on personal conflicts and anxieties, of which the sexual anxiety is the predominant one. […] Until now the revolutionary movement has misunderstood this situation. It attempted to awaken the "nonpolitical" man by making him conscious solely of his unfulfilled economic interests. Experience teaches that the majority of these "nonpolitical" people can hardly be made to listen to anything about their socio-economic situation, whereas they are very accessible to the mystical claptrap of a National Socialist, despite the fact that the latter makes very little mention of economic interests. [This] is explained by the fact that severe sexual conflicts (in the broadest sense of the word), whether conscious or unconscious, inhibit rational thinking and the development of social responsibility. They make a person afraid and force him into a shell. If, now, such a self-encapsulated person meets a propagandist who works with faith and mysticism, meets, in other words, a fascist who works with sexual, libidinous methods, he turns his complete attention to him. This is not because the fascist program makes a greater impression on him than the liberal program, but because in his devotion to the führer and the führer's ideology, he experiences a momentary release from his unrelenting inner tension. Unconsciously, he is able to give his conflicts a different form and in this way to "solve" them.
Wilhelm Reich (The Mass Psychology of Fascism)
Such is the lot of the knight that even though my patrimony were ample and adequate for my support, nevertheless here are the disturbances which give me no quiet. We live in fields, forests, and fortresses. Those by whose labors we exist are poverty-stricken peasants, to whom we lease our fields, vineyards, pastures, and woods. The return is exceedingly sparse in proportion to the labor expended. Nevertheless the utmost effort is put forth that it may be bountiful and plentiful, for we must be diligent stewards. I must attach myself to some prince in the hope of protection. Otherwise every one will look upon me as fair plunder. But even if I do make such an attachment hope is beclouded by danger and daily anxiety. If I go away from home I am in peril lest I fall in with those who are at war or feud with my overlord, no matter who he is, and for that reason fall upon me and carry me away. If fortune is adverse, the half of my estates will be forfeit as ransom. Where I looked for protection I was ensnared. We cannot go unarmed beyond to yokes of land. On that account, we must have a large equipage of horses, arms, and followers, and all at great expense. We cannot visit a neighboring village or go hunting or fishing save in iron. Then there are frequently quarrels between our retainers and others, and scarcely a day passes but some squabble is referred to us which we must compose as discreetly as possible, for if I push my claim to uncompromisingly war arises, but if I am too yielding I am immediately the subject of extortion. One concession unlooses a clamor of demands. And among whom does all this take place? Not among strangers, my friend, but among neighbors, relatives, and those of the same household, even brothers. These are our rural delights, our peace and tranquility. The castle, whether on plain or mountain, must be not fair but firm, surrounded by moat and wall, narrow within, crowded with stalls for the cattle, and arsenals for guns, pitch, and powder. Then there are dogs and their dung, a sweet savor I assure you. The horsemen come and go, among them robbers, thieves, and bandits. Our doors are open to practically all comers, either because we do not know who they are or do not make too diligent inquiry. One hears the bleating of sheep, the lowing of cattle, the barking of dogs, the shouts of men working in the fields, the squeaks or barrows and wagons, yes, and even the howling of wolves from nearby woods. The day is full of thought for the morrow, constant disturbance, continual storms. The fields must be ploughed and spaded, the vines tended, trees planted, meadows irrigated. There is harrowing, sowing, fertilizing, reaping, threshing: harvest and vintage. If the harvest fails in any year, then follow dire poverty, unrest, and turbulence.
Ulrich von Hutten (Ulrich von Hutten and the German Reformation)
As he went along, he began to discourse very learnedly, and told me the Flesh and the Spirit were too distinct Matters, which had not the least relation to each other. That all immaterial Substances (those were his very Words) such as Love, Desire, and so forth, were guided by the Spirit: But fine Houses, large Estates, Coaches, and dainty Entertainments were the Product of the Flesh. Therefore, says he, my Dear, you have two Husbands, one the Object of your Love, and to satisfy your Desire; the other the Object of your Necessity, and to furnish you with those other Conveniences. (I am sure I remember every Word, for he repeated it three Times; O he is very good whenever I desire him to repeat a thing to me three times he always doth it!) as then the Spirit is preferable, to the Flesh, so am I preferable to your other Husband, to whom I am antecedent in Time likewise. I say these things, my Dear, (said he) to satisfie your Conscience. A Fig, for my Conscience, said I, when shall I meet you again in the Garden?
Henry Fielding (An Apology for the Life of Mrs. Shamela Andrews)
Unluckier still was Guillaume Le Gentil, whose experiences are wonderfully summarized by Timothy Ferris in Coming of Age in the Milky Way. Le Gentil set off from France a year ahead of time to observe the transit from India, but various setbacks left him still at sea on the day of the transit—just about the worst place to be since steady measurements were impossible on a pitching ship. Undaunted, Le Gentil continued on to India to await the next transit in 1769. With eight years to prepare, he erected a first-rate viewing station, tested and retested his instruments, and had everything in a state of perfect readiness. On the morning of the second transit, June 4, 1769, he awoke to a fine day, but, just as Venus began its pass, a cloud slid in front of the Sun and remained there for almost exactly the duration of the transit: three hours, fourteen minutes, and seven seconds. Stoically, Le Gentil packed up his instruments and set off for the nearest port, but en route he contracted dysentery and was laid up for nearly a year. Still weakened, he finally made it onto a ship. It was nearly wrecked in a hurricane off the African coast. When at last he reached home, eleven and a half years after setting off, and having achieved nothing, he discovered that his relatives had had him declared dead in his absence and had enthusiastically plundered his estate. In
Bill Bryson (A Short History of Nearly Everything)
Unluckier still was Guillaume Le Gentil, whose experiences are wonderfully summarized by Timothy Ferris in Coming of Age in the Milky Way . Le Gentil set off from France a year ahead of time to observe the transit (of Venus) from India, but various setbacks left him still at sea on the day of the transit—just about the worst place to be since steady measurements were impossible on a pitching ship. Undaunted, Le Gentil continued on to India to await the next transit in 1769. With eight years to prepare, he erected a first-rate viewing station, tested and retested his instruments, and had everything in a state of perfect readiness. On the morning of the second transit, June 4, 1769, he awoke to a fine day, but, just as Venus began its pass, a cloud slid in front of the Sun and remained there for almost exactly the duration of the transit: three hours, fourteen minutes, and seven seconds. Stoically, Le Gentil packed up his instruments and set off for the nearest port, but en route he contracted dysentery and was laid up for nearly a year. Still weakened, he finally made it onto a ship. It was nearly wrecked in a hurricane off the African coast. When at last he reached home, eleven and a half years after setting off, and having achieved nothing, he discovered that his relatives had had him declared dead in his absence and had enthusiastically plundered his estate
Bill Bryson
Statisticians say that stocks with healthy dividends slightly outperform the market averages, especially on a risk-adjusted basis. On average, high-yielding stocks have lower price/earnings ratios and skew toward relatively stable industries. Stripping out these factors, generous dividends alone don’t seem to help performance. So, if you need or like income, I’d say go for it. Invest in a company that pays high dividends. Just be sure that you are favoring stocks with low P/Es in stable industries. For good measure, look for earnings in excess of dividends, ample free cash flow, and stable proportions of debt and equity. Also look for companies in which the number of shares outstanding isn’t rising rapidly. To put a finer point on income stocks to skip, reverse those criteria. I wouldn’t buy a stock for its dividend if the payout wasn’t well covered by earnings and free cash flow. Real estate investment trusts, master limited partnerships, and royalty trusts often trade on their yield rather than their asset value. In some of those cases, analysts disagree about the economic meaning of depreciation and depletion—in particular, whether those items are akin to earnings or not. Without looking at the specific situation, I couldn’t judge whether the per share asset base was shrinking over time or whether generally accepted accounting principles accounting was too conservative. If I see a high-yielder with swiftly rising share counts and debt levels, I assume the worst.
Joel Tillinghast (Big Money Thinks Small: Biases, Blind Spots, and Smarter Investing (Columbia Business School Publishing))
Ultimately, the World Top Incomes Database (WTID), which is based on the joint work of some thirty researchers around the world, is the largest historical database available concerning the evolution of income inequality; it is the primary source of data for this book.24 The book’s second most important source of data, on which I will actually draw first, concerns wealth, including both the distribution of wealth and its relation to income. Wealth also generates income and is therefore important on the income study side of things as well. Indeed, income consists of two components: income from labor (wages, salaries, bonuses, earnings from nonwage labor, and other remuneration statutorily classified as labor related) and income from capital (rent, dividends, interest, profits, capital gains, royalties, and other income derived from the mere fact of owning capital in the form of land, real estate, financial instruments, industrial equipment, etc., again regardless of its precise legal classification). The WTID contains a great deal of information about the evolution of income from capital over the course of the twentieth century. It is nevertheless essential to complete this information by looking at sources directly concerned with wealth. Here I rely on three distinct types of historical data and methodology, each of which is complementary to the others.25 In the first place, just as income tax returns allow us to study changes in income inequality, estate tax returns enable us to study changes in the inequality of wealth.26 This
Thomas Piketty (Capital in the Twenty-First Century)
History favors the bold. Compensation favors the meek. As a Fortune 500 company CEO, you’re better off taking the path often traveled and staying the course. Big companies may have more assets to innovate with, but they rarely take big risks or innovate at the cost of cannibalizing a current business. Neither would they chance alienating suppliers or investors. They play not to lose, and shareholders reward them for it—until those shareholders walk and buy Amazon stock. Most boards ask management: “How can we build the greatest advantage for the least amount of capital/investment?” Amazon reverses the question: “What can we do that gives us an advantage that’s hugely expensive, and that no one else can afford?” Why? Because Amazon has access to capital with lower return expectations than peers. Reducing shipping times from two days to one day? That will require billions. Amazon will have to build smart warehouses near cities, where real estate and labor are expensive. By any conventional measure, it would be a huge investment for a marginal return. But for Amazon, it’s all kinds of perfect. Why? Because Macy’s, Sears, and Walmart can’t afford to spend billions getting the delivery times of their relatively small online businesses down from two days to one. Consumers love it, and competitors stand flaccid on the sidelines. In 2015, Amazon spent $7 billion on shipping fees, a net shipping loss of $5 billion, and overall profits of $2.4 billion. Crazy, no? No. Amazon is going underwater with the world’s largest oxygen tank, forcing other retailers to follow it, match its prices, and deal with changed customer delivery expectations. The difference is other retailers have just the air in their lungs and are drowning. Amazon will surface and have the ocean of retail largely to itself.
Scott Galloway (The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google)
No, she couldn’t blame this one on him. This one was entirely hers. She’d sent him running away. Everyone knew it, too, which was nowhere more apparent than in the carriage once they were all settled in and headed off. Lisette was unusually silent. The duke’s wooden expression said that he wished he could be anywhere else but here. And Tristan was studying her with a cold gaze. He did that for a mile or so before he spoke. “You’re a cruel woman, Jane Vernon.” “Tristan!” Lisette chided. “Don’t be rude.” “I’ll be as rude as I please to her,” he told his sister, with a jerk of his head toward Jane. “That man is mad for her, and she just keeps toying with him.” Guilt swamped Jane. And she’d thought that spending half a day trapped with Dom would be bad? She must have been dreaming. “It’s none of our concern,” Lisette murmured. “The hell it isn’t.” Tristan stared hard at Jane. “Is this about Nancy? About the fact that if she has a child, Dom will lose the title and the estate?” “No, of course not!” How dared he! “Tristan, please--” Lisette began. “That’s why you jilted him years ago, isn’t it?” Tristan persisted. “Because he no longer had any money, and you’d lose your fortune if you married him?” “I did not jilt him!” Jane shouted. An unnatural silence fell in the carriage, and she cursed her quick tongue. But really, this was all Dom’s fault for never telling his family the truth. She was tired of being made to look the villainess when she’d done nothing wrong. “What do you mean?” Lisette asked. Jane released an exasperated breath. “I mean, I did jilt him. But only because he tricked me into it.” When that brought a smug smile to Tristan’s face, she narrowed her eyes on him. “You knew.” “Not the details. I just knew something wasn’t right. But since it was clear that neither you nor my idiot brother were going to say anything without being prodded into it, I…er…did a bit of prodding.” He smirked at her. “You do tend to speak your mind when you get angry.” Jane scowled at him. “You’re just like him, manipulative and arrogant and--” “I beg to differ,” Tristan said jovially. “He’s just like me. I taught him everything he knows.” “Yes, indeed,” Lisette said with a snort. “You taught him to be as much an idiot as you.” She glanced from Tristan to Jane. “So, is one of you going to tell me what is going on? About the jilting, I mean?” Tristan cocked an eyebrow at Jane. “Well?” She sighed. The cat was out of the bag now. Might as well reveal the rest. So she related the whole tale, from Dom’s plotting with Nancy at the ball to George’s involvement to how she’d finally discovered the truth. When she finished, Tristan let out a low whistle. “Hell and thunder. My big brother has a better talent for deception than I realized.” “Not as good as you’d think,” Jane muttered. “If I hadn’t been so wounded and angry at the time, I would have noticed how…manufactured the whole thing felt.” Lisette patted her hand. “You were young. We were all more volatile then.” Her voice hardened. “And he hit you just where it hurt, the curst devil. No wonder you want to strangle him half the time. I would have strung him up by his toes if he’d done such a thing to me!
Sabrina Jeffries (If the Viscount Falls (The Duke's Men, #4))
Suite 1500, 13450 102 Ave Surrey, BC V3T 5X3 604-581-7001 cbettencourt@mcquarrie.com Chris works with individuals and firms to provide legal advice and expertise for their real estate and business needs. He can plan and draft agreements relating to a wide variety of business and corporate transactions such as securing debt and the incorporation of companies. Chris acts for purchasers of businesses, helping to ensure that they begin their new venture with adequate protection. Chris is also experienced in the acquisition, development, and sale of residential and commercial real estate.
Christopher J Bettencourt
The way Brad’s business works,” she said, “is that companies who are looking to expand send his agency locations where they want to go, and I don’t mean towns or regions. I mean coordinates. Latitude and longitude. Often they’ve already identified the site themselves.” “Why don’t they just buy the property themselves?” I asked. “Something about retailers not wanting to also be in real estate,” she said with a shrug. “It never made much sense to me either, but apparently it’s about showing their investors that they are staying within a particular area of business expertise and subcontracting for related services. Anyway. So a company like yours—Great Deal, right?” “Right.” “Great Deal says they want three stores in metro Atlanta in these locations and they’ll pay between one and three million per lot. Brad goes in, negotiates the deal with the property owner through a broker, ensures the land is suitable, then purchases it for Great Deal. But say he finds out that the seller will part with the land for only a few hundred thousand? He knows Great Deal will pay way more than that so . . .” “He convinces the seller to ask for a higher price and gets a cut of the extra?” I suggest. “Worse,” she said, and now her previous despondency settled back into her body so that she sagged and, for a second, squeezed her eyes shut. “He buys the land himself. Sets up a shell company under someone else’s name, then tries to sell it on to Great Deal at the markup he knows they’ll pay. A million plus profit per site.
Andrew Hart (Lies that Bind Us)
Every species of ant has its racial characteristics. This one seems to me to be the negro of ants, and not alone from the circumstance that he is all black, but because he is the commonest victim of slavery, and seems especially susceptible to a submissive estate. He is easily impressed by the superior organization or the menacing tactics of his raiders and drivers, and, as I know him, he is relatively lazy or at least disorganized, random, feckless and witless when free in the bush, while for his masters he will work faithfully
Donald Culross Peattie (An almanac for moderns (A Nonpareil book))
Do try it on,” Cassandra urged. Despite Kathleen’s refusal, the girls insisted on draping it over her shoulders, just to see how it looked. “How beautiful,” Helen said, beaming. It was the most luxurious fabric she had ever felt, the fleece soft and cushiony. Kathleen ran her hand across the rich hues, and sighed. “I suppose I can’t ruin it with aniline dye,” she muttered. “But I’m going to tell him that I did.” “You’re going to lie?” Cassandra asked, her eyes wide. “That’s not setting a very good example for us.” “He must be discouraged from sending unsuitable gifts,” Kathleen said. “It’s not his fault if he doesn’t know any better,” Pandora pointed out. “He knows the rules,” Kathleen said darkly. “And he enjoys breaking them.” My Lord, It was very kind of you to send the lovely gift which is very useful now that the weather has turned. I am pleased to relate that the cashmere absorbed an application of black dye quite evenly so that it is now appropriate for mourning. Thank you for your thoughtfulness. Lady Trenear “You dyed it?” Devon asked aloud, setting the note on his desk with mixture of amusement and irritation. Reaching for a silver penholder, he inserted a fresh nib and pulled a sheet of writing paper from a nearby stack. That morning he had already written a half-dozen missives to lawyers, his banker, and contractors, and had hired an outside agent to analyze the estate’s finances. He grimaced at the sight of his ink-stained fingers. The lemon-and-salt paste his valet had given him wouldn’t entirely remove the smudges. He was tired of writing, and even more so of numbers, and Kathleen’s letter was a welcome distraction. The challenge could not go unanswered.
Lisa Kleypas (Cold-Hearted Rake (The Ravenels, #1))
My Lord, It was very kind of you to send the lovely gift which is very useful now that the weather has turned. I am pleased to relate that the cashmere absorbed an application of black dye quite evenly so that it is now appropriate for mourning. Thank you for your thoughtfulness. Lady Trenear “You dyed it?” Devon asked aloud, setting the note on his desk with mixture of amusement and irritation. Reaching for a silver penholder, he inserted a fresh nib and pulled a sheet of writing paper from a nearby stack. That morning he had already written a half-dozen missives to lawyers, his banker, and contractors, and had hired an outside agent to analyze the estate’s finances. He grimaced at the sight of his ink-stained fingers. The lemon-and-salt paste his valet had given him wouldn’t entirely remove the smudges. He was tired of writing, and even more so of numbers, and Kathleen’s letter was a welcome distraction. The challenge could not go unanswered. Staring down at the letter with a faint smile, Deon pondered the best way to annoy her. Dipping the pen nib into the inkwell, he wrote, Madam, I am delighted to learn that you find the shawl useful in these cooler days of autumn. On that subject, I am writing to inform you of my recent decision to donate all the black curtains that currently shroud the windows at Eversby Priory to a London charitable organization. Although you will regrettably no longer have use of the cloth, it will be made into winter coats for the poor, which I am sure you will agree is a far nobler purpose. I am confident in your ability to find other ways of making the atmosphere at Eversby Priory appropriately grim and cheerless. If I do not receive the curtains promptly, I will take it to mean that you are eager for my assistance, in which case I will be delighted to oblige you by coming to Hampshire at once. Trenear Kathleen’s reply was delivered a week later, along with massive crates containing the black curtains.
Lisa Kleypas (Cold-Hearted Rake (The Ravenels, #1))
What does he look like?” “Quite handsome, actually. He’s very tall, and—” “As tall as Merripen?” Kev Merripen had come to live with the Hathaways after his tribe had been attacked by Englishmen who had wished to drive the Gypsies out of the county. The boy had been left for dead, but the Hathaways had taken him in, and he had stayed for good. Recently he had married the second oldest sister, Winnifred. Merripen had undertaken the monumental task of running the Ramsay estate in Leo’s absence. The newlyweds were both quite happy to stay in Hampshire during the season, enjoying the beauty and relative privacy of Ramsay House. “No one’s as tall as Merripen,” Poppy said. “But Mr. Rutledge is tall nonetheless, and he has dark hair and piercing green eyes . . .” Her stomach gave an unexpected little leap as she remembered. “Did you like him?” Poppy hesitated. “Mr. Rutledge is . . . unsettling. He’s charming, but one has the feeling he’s capable of nearly anything. He’s like some wicked angel from a William Blake poem.
Lisa Kleypas (Tempt Me at Twilight (The Hathaways, #3))
Loans NRIs can give loans to resident Indians on a repatriable or non-repatriable basis. NRIs can also receive loans from residents. Loan from NRIs in foreign currency or on a repatriable basis A resident Indian can borrow up to US dollars 250,000 from NRI close relatives on a repatriation basis i.e. on repayment, the NRI can credit the funds in an NRE account and take this money back without any restrictions. The NRI should be a close relative of the borrower. Please check ‘Who is your relative’ for details. The amount of loan should be received by an inward remittance or by debit to the NRE/FCNR account. The loan should be a minimum of 1 year and without any interest. The funds cannot be used for agricultural/plantation/real estate business or for relending. Income: As the loan should be interest-free, no income can be generated. Taxability: As there is no income, there is no tax. Loan from NRIs in Indian rupees or on a non-repatriable basis A resident, not being a company incorporated in India, may borrow in rupees from an NRI on a non- repatriation basis. The period of loan should be 3 years or less and the rate of interest should not exceed 2% over the prevailing bank rate at the time of the loan. The loan has to be utilized for meeting the borrower’s personal requirement or for his business purposes. The funds cannot be used for agricultural/plantation/real estate business or for relending or for investment in shares, securities or immovable property. For example, Ms. Isumati has given an unsecured loan to her father’s firm earning 15% interest. If she goes to the UK for further studies and becomes an NRI, while she may continue with the loan, RBI rules would apply. The funds cannot be used for real estate business and if the bank rate is 10%, she cannot be paid more than 12% interest on her loan. Her father would also need to deduct TDS @ 30.9% on the interest. Income: Income from loans given to residents is interest. Taxability: The interest income on loans given is taxable for NRIs. Loans to NRIs NRIs are allowed to borrow from a bank/authorized
Jigar Patel (NRI Investments and Taxation: A Small Guide for Big Gains)
Any investment that has become a topic of widespread conversation is likely to be hazardous to your wealth. It was true of gold in the early 1980s and Japanese real estate and stocks in the late 1980s. It was true of Internet-related stocks in the late 1990s and condominiums in California, Nevada, and Florida in the first decade of the 2000s, as well as bitcoin in 2017.
Burton G. Malkiel (A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing)
Strategy #10 – Saving for Your Child’s Education with Maximum Tax Benefits The challenge I have with government-sponsored educational savings plans is that the government is in control of your money, how you use it, when you use it, and how it’s taxed. For example, in a 529 plan (also called a Coverdell IRA), you can deduct money you contribute to the IRA and then when you use it tax-free for your child’s education. Sounds almost too good to be true, doesn’t it? What sort of limitations do you think the government places on these funds in order to control your money? First, they control how much you can contribute. Then, they control what you can do with the money in the plan, even controlling how you invest the money. Next, they control what expenses you can pay for with the fund. Only certain educational expenses qualify. Finally, if you don’t use the funds for education, you have only two choices. One choice is to transfer the money to a relative who can use it for their education. The other is to distribute it to yourself and pay taxes and penalties. So, if you make too much money from your investments in the plan, you pay a penalty for not using all of the money for education. What if you could have all of the tax benefits of a 529 plan without giving the government any control over your money? Wouldn’t that be a lot better? In tax strategy #5 we talked about paying your children to work in your business. When I teach this principle in my Tax and Asset Protection class, the question always comes up about what to do with the money you pay them. This is the perfect opportunity to have your children pay for their own education without having to rely on Section 529 plans or other tax-deferred, government controlled educational savings plans. Your children can contribute their money to an LLC, limited partnership, or S corporation that owns a business or investments. Like a 529 plan, you get a deduction when you pay your child a salary. Like a 529 plan, there is no tax to the child when received. Like the 529 plan, with good planning, especially in real estate, there is no tax on the cash flow from the investment. But unlike a 529 plan, you have full control over the investment. Unlike a 529 plan, you can take it out and use it for any expense for your child (except for support, like food and clothing), and you can take it out any time you like. Unlike a 529 plan, there are no penalties for distributing the money or accumulating a huge amount over a lifetime. Now isn’t that a much better plan than a government-controlled savings plan? Stop using government plans and make your own plan. You will have much more control and
Tom Wheelwright (Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes)
I know I’m not the more experienced investigator here,” Stacey said, “but I’m going to go way out on a limb and say the haunting of this estate could be related to this underground death-god temple full of human skulls.
J.L. Bryan (The Lodge (Ellie Jordan, Ghost Trapper #15))
If a woman's husband die, and leave her without children, let his brother marry her, and let him call the son that is born to him by his brother's name, and educate him as the heir of his inheritance, for this procedure will be for the benefit of the public, because thereby families will not fail, and the estate will continue among the kindred; and this will be for the solace of wives under their affliction, that they are to be married to the next relation of their former husbands.
Flavius Josephus (The Antiquities of the Jews: History of the Jewish People from Adam and Eve to Jewish–Roman Wars; Including Author's Autobiography)
In our many hours of conversation, Gonsalez and his family related dozens of odd incidents to us. These incidents, though they differed from the Gormans’ own, convinced us that the ranch was by no means a unique piece of real estate in the area. The family told us about strange Mexican-hat-shaped flying objects that flew and hovered over the ridge a mere hundred yards from their home.
Colm A. Kelleher (Hunt for the Skinwalker: Science Confronts the Unexplained at a Remote Ranch in Utah)
As treaty commissioner during Monroe’s first term, the general both persuaded and bullied Native Americans into ceding large parts of Georgia, Mississippi, Tennessee, and practically all of Alabama to the United States. He then wangled an appointment for his nephew as head government surveyor for the ceded lands. Exploiting the government-owned surveys, the pair, along with other assorted relatives and friends, formed a land investment company that purchased prime real estate in the territory,
David P Callahan (The Politics of Corruption: The Election of 1824 and the Making of Presidents in Jacksonian America)
Historical visibility is everywhere related to social power.”1 It is a madness, if not an irony, that unlocking the history of unfree people depends on the materials of their legal owners, who held the lion’s share of visibility in their time and ours. Captive takers’ papers and government records are often the only written accounting of enslaved people who could not escape and survive to tell their own stories. The wealthier and more influential the slaveholder, the more likely it is that plantation and estate records were kept and preserved over centuries in private offices and, later, research repositories. As the richest U.S. colony for a span of time prior to the Revolutionary War and a nexus of economic growth into the nineteenth century, South Carolina has more than its share of these tainted but crucial, documents.
Tiya Miles (All That She Carried: The Journey of Ashley's Sack, a Black Family Keepsake)
In New Jersey, a Redevelopment Area is correlated to the topic of, What to do with blight? More specifically, Redevelopment Areas relate to blighted areas. Areas where, once that blight has been redeveloped, revitalization of the community as a whole takes place. In a designated Redevelopment Area, a municipality's goals could be focused upon transitioning now non-performing residential, commercial, and industrial properties to vibrant community assets. The pursuit of which takes on a community-centric theme. Renovations. Repurposing properties. And reconstruction too. Each of these being goals pursuant to redeveloping non-performing properties in designated Redevelopment Areas.
Ted Ihde, Thinking About Becoming A Real Estate Developer? (Thinking About Becoming a Real Estate Developer?)
The property owner, contractors, subcontractors, investors, the lender, project stakeholders, the architect, as well as project managers are each individually able to stay updated on the progress of the home-build through the Schedule of Values. Inasmuchas the Schedule of Values relates to billable work performed - and to tasks completed - during each draw period in the project. As each phase of the home build is completed - i.e.: as one draw period progresses to the next draw period - the project's Schedule of Values is updated. The updating of the S.O.V. in subsequent draw periods is directly relatable to forthcoming draw requests. For each new draw request, line items in the Schedule of Values - as per project progression in each draw period - are revised.
Ted Ihde, Thinking About Becoming A Real Estate Developer?
Baxter-Thompson Law, PLLC, focuses solely on matters related to estate and trust litigation. Our practice generally includes complex trust and estate litigation, heirship issues including common law marriage determinations, guardianship matters, and most issues that arise in the probate courts, including will contests and breach of fiduciary duty lawsuits. Baxter-Thompson Law will help you navigate your case and bring you to the best course of action.
Baxter Thompson Law PLLC
When he had ate his fill, and proceeded from the urgent first cup and necessary second to the voluntary third which might be toyed with at leisure, without any particular outcry seeming to suggest he should be on his guard, he leant back, spread the city’s news before him, and, by glances between the items, took a longer survey of the room. Session of the Common Council. Vinegars, Malts, and Spirituous Liquors, Available on Best Terms. Had he been on familiar ground, he would have been able to tell at a glance what particular group of citizens in the great empire of coffee this house aspired to serve: whether it was the place for poetry or gluttony, philosophy or marine insurance, the Indies trade or the meat-porters’ burial club. Ships Landing. Ships Departed. Long Island Estate of Mr De Kyper, with Standing Timber, to be Sold at Auction. But the prints on the yellowed walls were a mixture. Some maps, some satires, some ballads, some bawdy, alongside the inevitable picture of the King: pop-eyed George reigning over a lukewarm graphical gruel, neither one thing nor t’other. Albany Letter, Relating to the Behaviour of the Mohawks. Sermon, Upon the Dedication of the Monument to the Late Revd. Vesey. Leases to be Let: Bouwerij, Out Ward, Environs of Rutgers’ Farm. And the company? River Cargos Landed. Escaped Negro Wench: Reward Offered. – All he could glean was an impression generally businesslike, perhaps intersown with law. Dramatic Rendition of the Classics, to be Performed by the Celebrated Mrs Tomlinson. Poem, ‘Hail Liberty, Sweet Succor of a Briton’s Breast’, Offered by ‘Urbanus’ on the Occasion of His Majesty’s Birthday. Over there there were maps on the table, and a contract a-signing; and a ring of men in merchants’ buff-and-grey quizzing one in advocate’s black-and-bands. But some of the clients had the wind-scoured countenance of mariners, and some were boys joshing one another. Proceedings of the Court of Judicature of the Province of New-York. Poor Law Assessment. Carriage Rates. Principal Goods at Mart, Prices Current. Here he pulled out a printed paper of his own from an inner pocket, and made comparison of certain figures, running his left and right forefingers down the columns together. Telescopes and Spy-Glasses Ground. Regimental Orders. Dinner of the Hungarian Club. Perhaps there were simply too few temples here to coffee, for them to specialise as he was used.
Francis Spufford (Golden Hill)
combination of numbers that relates to my birthday or my address or something. She’s telling me that the green-eyed man will play an important role in my future and that very soon there will be unexpected announcements or some such twaddle. “Brendan’s going to propose,” Lani whispers. “Either that or he’s announcing that he’s giving up the real estate business to become a professional gigolo. That’d be unexpected.” “Don’t be sarcastic, this is serious.” Maybe for some of us. I turn my attention back to Madame Zara who is now squinting over the paper.
Lindy Dale (Storm in a B Cup)
When I went into the attic to find the veil for Rose, I discovered this painting,” she began. “This is your great-grandfather, the third Earl of Ashton.” He wasn’t certain what to make of it, but then the weight of her words struck him. She’d said it was his great-grandfather. “He had green eyes,” Moira whispered. “You can see it for yourself.” Iain accepted the portrait, and when he took a closer look at the man, his blood ran cold. It was like looking into a mirror. There was no doubt at all that he was a blood relation to this man. He set down the portrait, and the hair stood up on his arms. Moira spoke first. “You have to understand how broken I was after I was violated by a man who was not my husband. And because Aidan sought revenge, he died. I found myself with a living reminder of that night.” Tears rolled down her cheeks. “Every time I looked at you, I could only think of the violence. I couldn’t see that you were a gift that Aidan left to me, so I wouldn’t be alone.” Moira turned away, her shoulders slumped forward. He couldn’t answer her, though he knew what she was saying. She finished with, “There is nothing I can say to undo the years I mistreated you. I neglected the only son remaining to me. The last piece of my husband, because I was too blind to see the truth.” For a time, he was frozen, not knowing how to respond. He was the Earl of Ashton in truth. By blood and by birthright. “I will leave, if you ask it of me,” she whispered. “I deserve to be cast out for what I did.” A part of him wanted to lash out at her, for the years she’d made him feel like a shadow worth nothing at all. But what good would it do? She had aged into a fragile shell of a woman who had based her life upon misery and bitterness. He had Rose now, the woman he loved more than life itself. He had brought her here to help him rebuild Ashton . . . but perhaps she could help him rebuild more than the estate. With a heavy sigh, he placed his hand upon his mother’s shoulder. “Will you walk with me when I meet my bride?” Moira took his hand and pressed it to her forehead. Against his fingers, he felt the wetness of her tears. “I will, yes. Thank you.” It would take time to let go of the past. But it would begin with a single step.
Michelle Willingham (Good Earls Don't Lie (The Earls Next Door Book 1))
Mature development companies have built a network of relations with financial, political, and professional players and have cash flow and assets that confer staying power, the so-called deep pockets. These firms tend to focus on larger, more sophisticated projects that tend to be more profitable and that require fewer managers than multiple smaller, less predictable projects. With higher barriers to entry, they usually face less competition.
Richard B. Peiser (Professional Real Estate Development: The ULI Guide to the Business)
would the Volcker amendment, had it been law in 2007, have prevented the 2008 financial crisis? The financial crisis was caused by the overleveraging of real estate-related securities in Bear Stearns and Lehman Brothers, which were investment banks and would not have fallen under the purview of the Volcker amendment. Nor would it have applied to the insurance giant AIG, which the Fed chose to save after seeing the turmoil unleashed by the Lehman bankruptcy. Furthermore, banks that obtained loans from the Fed, specifically Citibank and Bank of America, ran into trouble because of bad real estate loans, not proprietary trading. Given this history, it is dubious that the Volcker amendment, had it been in effect in 2007, would have changed the course of the financial crisis.
Jeremy J. Siegel (Stocks for the Long Run: The Definitive Guide to Financial Market Returns & Long-Term Investment Strategies)
[Anaxogras] was eminent for his noble birth and for his riches and still more so for his magnanimity, inasmuch as he gave up all his patrimony to his relations... at last he abandoned [his estate] entirely and devoted himself to the contemplation of subjects of natural philosophy, disregarding politics. So that once when some said to him "You have no affection for your country," "Be silent," said he, "for I have the greatest affection for my country" pointing up to heaven.
Diogenes Laertius, Life of Anxagoras, II
PhOne Number:352-587-2948 ADDRESS:407 Lincoln Rd. Suit 10g Miami Beach FL 33139 Miami Realtor, South Beach Realtor, Miami Beach Realto, Miami Real Estate Agent, Miami Beach Real Estate Agent, Miami Luxury Realtor, South Beach Real Estate Agent, Beach Real Estate Agent, MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved.
Businessman Company (Important Life Lessons to Teach Your Children)
With a relatively small deposit you can control a property worth significantly more for an agreed-upon period of time.
Than Merrill (The Real Estate Wholesaling Bible: The Fastest, Easiest Way to Get Started in Real Estate Investing)
Big Whys related to achieving your highest potential are in my experience the most powerful.
Gary Keller (The Millionaire Real Estate Investor)
Keep accumulating knowledge... Commit to spending a few hours each week educating yourself on anything and everything related to investing in real estate.
Than Merrill (The Real Estate Wholesaling Bible: The Fastest, Easiest Way to Get Started in Real Estate Investing)
Wichita: streets - rail - bonds - industry In 1870, Darius Munger and William "Dutch Bill" Greiffenstein filed plats to lay out the first streets in what would go on to become Wichita, Kansas. Wichita incorporated as a city on July 21, 1870.   One year later - on June 22, 1871 -underpinnings for the establishment of ‘Cowtown’ were laid in steel in Wichita. The Wichita and Southwestern Railroad Company was incorporated on June 22, 1871. A few months later, relative to railroad expansion in Wichita, a Sedgwick County, Kansas bond issuance took place. That bond issuance was approved by Sedgwick County voters on August 11, 1871: $200,000 in bonds This bond issuance enabled Wichita to finance the construction of a rail line which connected Wichita to Newton, Kansas. Rail service in Wichita - connecting Wichita to Newton -was a boon for Texas cattlemen. The new rail line -to the north of Texas - enabled shipment of cattle from Texas, on to Wichita. Then further along to Newton. And off to eastern markets in the United States.
Ted Ihde, Thinking About Becoming A Real Estate Developer?
The four main factors you’ll want to investigate are: 1. Borrower’s credit: Look for whether they’re paying their bills regularly and on time, how much debt they have in relation to their income (the debt-to-income ratio, or DTI), and the status of the senior lien. 2. Borrower’s payment history: The longer someone has been making mortgage payments, the more likely they are to keep doing so; it demonstrates their commitment to the property. 3. Fair market value (FMV): Find the current FMV of the property, as it affects the equity (ownership stake) in the property; if the property has declined substantially, you may not be able to recover your investment if the borrower defaults. 4. Location: With real estate debt, geography matters for several reasons including state foreclosure laws, local demographics (which can affect future property values), and area economy.
Michele Cagan (Real Estate Investing 101: From Finding Properties and Securing Mortgage Terms to REITs and Flipping Houses, an Essential Primer on How to Make Money with Real Estate (Adams 101 Series))
Countess Ramsay continued to smile. "We are cousins are we not?" And when my poor husband passed on to his reward, may God rest his soul, we found consolation in the knowledge that the estate would pass into capable stewardship as yours...." "How refreshing it is", Leo interrupted..."to finally be able to communicate without the interference of solicitors." "I agree, my lord," Countess Ramsay replied. "The solicitors have made the situation regarding Ramsay House quite complex, have they not? But we are only women, and therefore much of what they relate goes right over our heads.." Countess Ramsay's pillowy cheeks puffed out with another smile...."What matters most is the bond of familial affection." "Does that mean you've decided not to take the house away from us?" Amelia asked bluntly.
Lisa Kleypas (Married by Morning (The Hathaways, #4))
The sheer scale of the family wealth makes Jonathan’s concerns about losing it seem pretty irrational. But emotions are emotions. “You put the walls up and you want to guard it and protect it and defend it and heaven forbid somebody should take it from you,” he says. “You’re fear-based now.” In some ways, being very rich and very poor are strangely similar. Just as having not enough money creates fear and anxiety, so can having more than you know what to do with. At both ends of the spectrum, money tinkers with our notions of self-worth, our egos, our social lives, the stability of our marriages, our relationships with children, parents, and siblings—even our mental health. Raising that difficult child properly requires a network of friends and relatives, teachers and advisors, except in the ultrawealth world those teachers and advisors wear business casual and charge substantial fees. “I’m a lawyer, not a therapist,” one estate lawyer who caters to ultra-high-net-worth clients told me. “Although the fact of the matter is, you become one.
Michael Mechanic (Jackpot: How the Super-Rich Really Live—and How Their Wealth Harms Us All)
Henry VI’s regime (1450–61): Henry VI’s inadequacy is widely held to have been the primary cause of the political upheavals of the mid-fifteenth century. To assess how this affected the south-west it is necessary, first, to give a brief regional review introducing the major figures; then, to consider the realities of governance, patronage, and landholding in Somerset, Dorset, Devon, and Cornwall. It is only after surveys of the county elites that a regional overview can be undertaken, which summarises the notable aspects, and evaluates those features that were truly ‘regional’ in nature by relating shire and provincial perspectives to national politics and governance (p. 149). In summary, it seems that the dukes of Somerset could not only depend on the cooperation of those directly associated with them (such as the Caraunts), but could also rely on the support of others indirectly through secondary patrons such as Stourton and Hungerford. So, including Stourton-Hungerford clients as indirect connections, analysis of shire positions indicates the extent to which the Beauforts’ influence probably pervaded Somerset political society. Beaufort associates had regularly fulfilled local offices since the 1420s, and of the sheriffs’ terms between 1437 and 1450, almost half were undertaken by Beaufort clients. In comparison, between 1450 and 1461, over a third of sheriffs’ terms were served by Beaufort clients (p. 155). As discussed regarding Devon, during the earl of Devon’s long minority, leading Devon gentry–Sir William Bonville and his clientele–involved themselves in Courtenay dependants’ affairs; hence, on his majority, the young earl lacked local support. The relationship between the earl and Bonville became poisoned after Sir William was designated steward of duchy estates in the county in 1437. This challenge to his authority enraged the earl to resort to violence (p. 174). In the south-west, if the Beauforts provided a Lancastrian focus in the eastern counties, then the duchy of Cornwall provided another further west, where [Lord] Bonville also provided a specifically Yorkist focus (pp. 186–7). Therefore, by a combination of estates, royal offices, and prince’s council membership, [James Butler, Earl of] Wiltshire might have become a provincial magnate–and a national power-broker–if he had had a longer period of time in which to establish himself (p. 188).
Robert E. Stansfield-Cudworth (Political Elites in South-West England, 1450–1500: Politics, Governance, and the Wars of the Roses)
American Indians, for example, had resisted every effort by the English to teach them the arts of civilization. Franklin thought this striking, yet hardly inexplicable. “They visit us frequently,” he told Collinson, “and see the advantages that arts, sciences, and compact society procure us. They are not deficient in natural understanding, and yet they have never shewn any inclination to change their manner of life for ours, or to learn any of our arts.” The reason was plain enough: “In their present way of living, almost all their wants are supplied by the spontaneous productions of nature, with the addition of very little labour, if hunting and fishing may indeed be called labour when game is so plenty.” Significantly, when an Indian child was brought up in white ways, the education often failed to stick. “If he goes to see his relations and make one Indian ramble with them, there is no persuading him ever to return.” More significantly, the opposite was not true. White children raised as Indians demonstrated no desire, after visits to English settlements, to stay there. “In a short time they become disgusted with our manner of life, and the care and pains that are necessary to support it, and take the first good opportunity of escaping again into the woods, from whence there is no reclaiming them.” In one case an Englishman raised with the Indians inherited a substantial estate; he came home to test his new circumstances but soon abandoned them, leaving the estate to a younger brother and carrying off only a gun and a coat. Franklin related yet another story that further illustrated his point. Some years earlier one of the colonies had concluded a treaty with the Six Nations (the Iroquois confederacy of the lower Great Lakes region). All that remained was the exchange of civilities. The English commissioners offered to underwrite the education of half a dozen of the brightest Indian lads at the College of William and Mary, the finest educational institution in the region. The Indians responded that they were most grateful for this kind offer but must decline. Some Indian youths had been educated in this way several years before and had returned good for nothing, being unable to hunt, trap, or fight. The Indians made a counteroffer: to take a dozen English children to the Indians’ great council, where they would be raised as real and useful men.
H.W. Brands (The First American: The Life and Times of Benjamin Franklin)
Here’s an example from the test Marty and his students developed to distinguish optimists from pessimists: Imagine: You can’t get all the work done that others expect of you. Now imagine one major cause for this event. What leaps to mind? After you read that hypothetical scenario, you write down your response, and then, after you’re offered more scenarios, your responses are rated for how temporary (versus permanent) and how specific (versus pervasive) they are. If you’re a pessimist, you might say, I screw up everything. Or: I’m a loser. These explanations are all permanent; there’s not much you can do to change them. They’re also pervasive; they’re likely to influence lots of life situations, not just your job performance. Permanent and pervasive explanations for adversity turn minor complications into major catastrophes. They make it seem logical to give up. If, on the other hand, you’re an optimist, you might say, I mismanaged my time. Or: I didn’t work efficiently because of distractions. These explanations are all temporary and specific; their “fixability” motivates you to start clearing them away as problems. Using this test, Marty confirmed that, compared to optimists, pessimists are more likely to suffer from depression and anxiety. What’s more, optimists fare better in domains not directly related to mental health. For instance, optimistic undergraduates tend to earn higher grades and are less likely to drop out of school. Optimistic young adults stay healthier throughout middle age and, ultimately, live longer than pessimists. Optimists are more satisfied with their marriages. A one-year field study of MetLife insurance agents found that optimists are twice as likely to stay in their jobs, and that they sell about 25 percent more insurance than their pessimistic colleagues. Likewise, studies of salespeople in telecommunications, real estate, office products, car sales, banking, and other industries have shown that optimists outsell pessimists by 20 to 40 percent.
Angela Duckworth (Grit: The Power of Passion and Perseverance)
This relatively hands-off style of rule practiced by the Eastern European empires was born of pragmatism. Social divisions were not a flaw to be overcome, but a tool to be used. In these realms, universal citizenship did not exist. People lived not as individuals but as parts of wider social estates, each of which came with its own set of privileges and prohibitions. Everyone was discriminated against to some extent, except for the sultan or czar. Everyone also had a function. To most people, before the arrival of modernity, the idea of equality before the law was unthinkable. What mattered most in life was to be allowed to fulfill their role undisturbed. Meanwhile, what mattered most to rulers was that the sum total of these various roles added up to them staying in power. For this, outsiders could be just as useful as locals and often showed themselves to be more dependable. The process of inviting helpful strangers into Eastern Europe began very early. Eastern European monarchs began looking abroad for talent in the Middle Ages Compared to Western Europe, the East was under-populated, lacking sities and the specialized craftsmen and traders who inhabited them. Eastern rulers also sat uneasily on the intersection of multiple frontiers: between pagan and Christian, Christian and Muslim, and Catholic and Orthodox. Because of this, they needed all the help they could get cultivating, defending, and administering their realms. In the eleventh century, A Hungarian king lectured his son about the usefulness of immigrants: 'As guests come from various areas and lands, so they bring with them various languages and customs, various examples and forms of armaments, which adorn and glorify the royal court. . . . For a kingdom of one language and one custom is weak and fragile. Therefore, my son, I order that you should feed them with goodwill and honor them so that they will prefer to live with you rather than inhabit any other place.' The young prince took his father's advice to heart. By the thirteenth century, the kingdom of Hungary harbored, within its ragile borders, groups of Jews, Muslims, Armenians, Slavs, Italians, Franks, Spaniards, and Germans
Jacob Mikanowski (Goodbye, Eastern Europe: An Intimate History of a Divided Land)
The imagery of Mongol greatness received its clearest statement around 1390 by Geoffrey Chaucer, who had traveled widely in France and Italy on diplomatic business and had a far more international perspective than many of the people for whom he wrote. In The Canterbury Tales, the first book written in English, the story of the squire relates a romantic and fanciful tale about the life and adventures of Genghis Khan. This noble king was called Genghis Khan, Who in his time was of so great renown That there was nowhere in no region So excellent a lord in all things. He lacked nothing that belonged to a king. As of the sect of which he was born He kept his law, to which that he was sworn. And thereto he was hardy, wise, and rich, And piteous and just, always liked; Soothe of his word, benign, and honorable, Of his courage as any center stable; Young, fresh, and strong, in arms desirous As any bachelor of all his house. A fair person he was and fortunate, And kept always so well royal estate That there was nowhere such another man. This noble king, this Tartar Genghis Khan.
Jack Weatherford (Genghis Khan and the Making of the Modern World)
When one gets a close view of influential people, their bad relations with each other, their conflicting ambitions, all the slander and the hatred, one must always bear in mind that it is certainly much worse on the other side, among the French, English, and Russians, or one might well be nervous. . . . The race for power and personal positions seems to destroy all men's characters. I believe that the only creature who can keep his honour is a man living on his own estate; he has no need to intrigue and struggle, for it is no good intriguing for fine weather.
B.H. Liddell Hart (Why Don't We Learn from History?)
We’ll go to France,” Elsmore said, stepping closer, “if that’s what you want. We’ll live in obscurity at Ambledown. I’ll deed it to you and we’ll live there in sin. We’ll set up a household in York, but twelve estates, thirty-two near relations, a ducal title, a bloody box in Drury Lane, and shares in a damned bank mean nothing, Eleanora, if you force me to muddle on without you. I love you.
Grace Burrowes (Forever and a Duke (Rogues to Riches, #3))
what gets defined as crime, and who gets surveilled and punished, generally has more to do with the politics of race and class than the harm that any particular behavior or activity causes. As Alec Karakatsanis observes in Usual Cruelty: The Complicity of Lawyers in the Criminal Injustice System, people with race and class privilege are generally shielded from criminal prosecution, even though their crimes often cause far greater harm than the crimes of the poor. The most obvious example is the prosecutorial response to the financial crisis of 2008 and the related scandals: “Employees at banks committed crimes including lying to investigators and regulators, fraudulently portraying junk assets as valuable assets, rate-rigging, bribing foreign officials, submitting false documents, mortgage fraud, fraudulent home foreclosures, financing drug cartels, orchestrating and enabling widespread tax evasion, and violating international sanctions.” The massive criminality caused enormous harm. African Americans lost over half their wealth due to the collapse of real estate markets and the financial crisis. By the end of the crisis, in 2009, median household wealth for all Americans had declined by $27,000, leaving almost 44 million people in poverty. While some banks were eventually prosecuted (and agreed to pay fines that were a small fraction of their profits), the individuals who committed these crimes were typically spared. Despite engaging in forms of criminality that destroyed the lives and wealth of millions, they were not rounded up, dragged away in handcuffs, placed in cages, and then stripped of their basic civil and human rights or shipped to another country. Their mug shots never appeared on the evening news and they never had to wave goodbye to their children in a courtroom, unable to give them a final embrace.
Michelle Alexander (The New Jim Crow: Mass Incarceration in the Age of Colorblindness)
REITs. Real Estate Investment Trusts, or REITs (pronounced “reets”), are companies that own and collect rent from commercial and residential properties.10 Bundled into real-estate mutual funds, REITs do a decent job of combating inflation. The best choice is Vanguard REIT Index Fund; other relatively low-cost choices include Cohen & Steers Realty Shares, Columbia Real Estate Equity Fund, and Fidelity Real Estate Investment Fund.11 While a REIT fund is unlikely to be a foolproof inflation-fighter, in the long run it should give you some defense against the erosion of purchasing power without hampering your overall returns. TIPS. Treasury Inflation-Protected Securities, or TIPS, are U.S. government bonds, first issued in 1997, that automatically go up in value when inflation rises. Because the full faith and credit of the United States
Benjamin Graham (The Intelligent Investor)
In my condemnation of Christianity I surely hope I do no injustice to a related religion with an even larger number of believers: I allude to Buddhism. Both are to be reckoned among the nihilistic religions—they are both décadence religions—but they are separated from each other in a very remarkable way. For the fact that he is able to compare them at all the critic of Christianity is indebted to the scholars of India.—Buddhism is a hundred times as realistic as Christianity—it is part of its living heritage that it is able to face problems objectively and coolly; it is the product of long centuries of philosophical speculation. The concept, “god,” was already disposed of before it appeared. Buddhism is the only genuinely positive religion to be encountered in history, and this applies even to its epistemology (which is a strict phenomenalism). It does not speak of a “struggle with sin,” but, yielding to reality, of the “struggle with suffering.” Sharply differentiating itself from Christianity, it puts the self-deception that lies in moral concepts behind it; it is, in my phrase, beyond good and evil.—The two physiological facts upon which it grounds itself and upon which it bestows its chief attention are: first, an excessive sensitiveness to sensation, which manifests itself as a refined susceptibility to pain, and secondly, an extraordinary spirituality, a too protracted concern with concepts and logical procedures, under the influence of which the instinct of personality has yielded to a notion of the “impersonal.” (—Both of these states will be familiar to a few of my readers, the objectivists, by experience, as they are to me). These physiological states produced a depression, and Buddha tried to combat it by hygienic measures. Against it he prescribed a life in the open, a life of travel; moderation in eating and a careful selection of foods; caution in the use of intoxicants; the same caution in arousing any of the passions that foster a bilious habit and heat the blood; finally, no worry, either on one’s own account or on account of others. He encourages ideas that make for either quiet contentment or good cheer—he finds means to combat ideas of other sorts. He understands good, the state of goodness, as something which promotes health. Prayer is not included, and neither is asceticism. There is no categorical imperative nor any disciplines, even within the walls of a monastery (—it is always possible to leave—). These things would have been simply means of increasing the excessive sensitiveness above mentioned. For the same reason he does not advocate any conflict with unbelievers; his teaching is antagonistic to nothing so much as to revenge, aversion, ressentiment (—“enmity never brings an end to enmity”: the moving refrain of all Buddhism....) And in all this he was right, for it is precisely these passions which, in view of his main regiminal purpose, are unhealthful. The mental fatigue that he observes, already plainly displayed in too much “objectivity” (that is, in the individual’s loss of interest in himself, in loss of balance and of “egoism”), he combats by strong efforts to lead even the spiritual interests back to the ego. In Buddha’s teaching egoism is a duty. The “one thing needful,” the question “how can you be delivered from suffering,” regulates and determines the whole spiritual diet. (—Perhaps one will here recall that Athenian who also declared war upon pure “scientificality,” to wit, Socrates, who also elevated egoism to the estate of a morality). The things necessary to Buddhism are a very mild climate, customs of great gentleness and liberality, and no militarism; moreover, it must get its start among the higher and better educated classes. Cheerfulness, quiet and the absence of desire are the chief desiderata, and they are attained. Buddhism is not a religion in which perfection is merely an object of aspiration: perfection is actually normal.—
Nietszche
A contract relating to the conveyance or lease of real estate is almost always governed by the law of the state where the property is located.
Charles M. Fox (Working with Contracts: What Law School Doesn't Teach You (PLI's Corporate and Securities Law Library))
Location is a magical word. I used to believe it was related to cancer, that's one of the cancer questions. Where is the location? I think of location as being a word that falls somewhere between cancer and real estate.
Kate Braverman (Wonders of the West)
In Greece, says Suidas, "the greatest and most expensive sacrifice was the mysterious sacrifice called the Telete," a sacrifice which, according to Plato, "was offered for the living and the dead, and was supposed to free them from all the evils to which the wicked are liable when they have left this world." In Egypt the exactions of the priests for funeral dues and masses for the dead were far from being trifling. "The priests," says Wilkinson, "induced the people to expend large sums on the celebration of funeral rites; and many who had barely sufficient to obtain the necessaries of life were anxious to save something for the expenses of their death. For, beside the embalming process, which sometimes cost a talent of silver, or about 250 [pounds] English money, the tomb itself was purchased at an immense expense; and numerous demands were made upon the estate of the deceased, for the celebration of prayer and other services for the soul." "The ceremonies," we find him elsewhere saying, "consisted of a sacrifice similar to those offered in the temples, vowed for the deceased to one or more gods (as Osiris, Anubis, and others connected with Amenti); incense and libation were also presented; and a prayer was sometimes read, the relations and friends being present as mourners. They even joined their prayers to those of the priest. The priest who officiated at the burial service was selected from the grade of Pontiffs, who wore the leopard skin; but various other rites were performed by one of the minor priests to the mummies, previous to their being lowered into the pit of the tomb after that ceremony. Indeed, they continued to be administered at intervals, as long as the family paid for their performance." Such was the operation of the doctrine of purgatory and prayers for the dead among avowed and acknowledged Pagans; and in what essential respect does it differ from the operation of the same doctrine in Papal Rome?
Alexander Hislop (The Two Babylons)
Real Estate Investment Trusts, or REITs (pronounced “reets”), are companies that own and collect rent from commercial and residential properties.10 Bundled into real-estate mutual funds, REITs do a decent job of combating inflation. The best choice is Vanguard REIT Index Fund; other relatively low-cost choices include Cohen & Steers Realty Shares, Columbia Real Estate Equity Fund, and Fidelity Real Estate Investment Fund.11 While a REIT fund is unlikely to be a foolproof inflation-fighter, in the long run it should give you some defense against the erosion of purchasing power without hampering your overall returns.
Benjamin Graham (The Intelligent Investor)
Examples of real estate mutual funds include: • Fidelity Real Estate Investment Portfolio (FRESX), a managed fund (so expect a higher expense ratio) that selects REITs with high-quality properties (mainly commercial and industrial) • Cohen & Steers Realty Shares (CSRSX), a managed fund that holds a targeted portfolio of forty to sixty commercial REITs • Vanguard Real Estate Index Fund Admiral Shares (VGSLX), a low-cost index fund that tracks a key REIT benchmark index (called the MSCI US Investable Market Real Estate 25/50 Index) • Cohen & Steers Quality Income Realty Fund (RQI), a closed-end fund that holds a variety of high-income-producing commercial REITs and real estate–related stocks
Michele Cagan (Real Estate Investing 101: From Finding Properties and Securing Mortgage Terms to REITs and Flipping Houses, an Essential Primer on How to Make Money with Real Estate (Adams 101 Series))
Examples of publicly traded healthcare REITs include: • National Health Investors (NHI), which specializes in a variety of senior-related properties such as skilled nursing facilities and memory care facilities and has a yield of 5.01 percent. • Medical Properties Trust (MPW), which holds properties including women’s and children’s hospitals and community hospitals and yields 5.90 percent. • Physicians Realty Trust (DOC), which holds strategically located healthcare properties associated with hospitals or physician organizations and yields 5.25 percent.
Michele Cagan (Real Estate Investing 101: From Finding Properties and Securing Mortgage Terms to REITs and Flipping Houses, an Essential Primer on How to Make Money with Real Estate (Adams 101 Series))
Thus it was that, beginning in about the ninth century, the growing monastic estates came to resemble well-organized and stable firms that pursued complex commercial activities within a relatively free market, investing in productive activities involving a hired workforce, guided by anticipated and actual returns.
Rodney Stark (Reformation Myths: Five Centuries Of Misconceptions And (Some) Misfortunes)
As Alec Karakatsanis observes in Usual Cruelty: The Complicity of Lawyers in the Criminal Injustice System, people with race and class privilege are generally shielded from criminal prosecution, even though their crimes often cause far greater harm than the crimes of the poor. The most obvious example is the prosecutorial response to the financial crisis of 2008 and the related scandals: “Employees at banks committed crimes including lying to investigators and regulators, fraudulently portraying junk assets as valuable assets, rate-rigging, bribing foreign officials, submitting false documents, mortgage fraud, fraudulent home foreclosures, financing drug cartels, orchestrating and enabling widespread tax evasion, and violating international sanctions.” The massive criminality caused enormous harm. African Americans lost over half their wealth due to the collapse of real estate markets and the financial crisis. By the end of the crisis, in 2009, median household wealth for all Americans had declined by $27,000, leaving almost 44 million people in poverty. While some banks were eventually prosecuted (and agreed to pay fines that were a small fraction of their profits), the individuals who committed these crimes were typically spared. Despite engaging in forms of criminality that destroyed the lives and wealth of millions, they were not rounded up, dragged away in handcuffs, placed in cages, and then stripped of their basic civil and human rights or shipped to another country. Their mug shots never appeared on the evening news and they never had to wave goodbye to their children in a courtroom, unable to give them a final embrace.
Michelle Alexander (The New Jim Crow: Mass Incarceration in the Age of Colorblindness)
Page 207 In the inner cities of all the major metropolitan areas across the United States, ethnic Koreans represent an increasingly glaring market-dominant minority vis-à-vis the relatively economically depressed African-American majorities around them. In New York City, Koreans, less than .1 percent of the city’s population, own 85 percent of produce stands, 70 percent of grocery stores, 80 percent of nail salons, and 60 percent of dry cleaners. In portions of downtown Los Angeles, Koreans own 40 percent of the real estate but constitute only 10 percent of the residents. Korean-American businesses in Los Angeles County number roughly 25,000, with gross sales of $4.5 billion. Nationwide, Korean entrepreneurs have in the last decade come to control 80 percent of the $2.5 billion African-American beauty business, which—“like preaching and burying people”—historically was always a “black” business and a source of pride, income, and jobs for African-Americans. “They’ve come in and taken away a market that’s not rightfully theirs,” is the common, angry view among inner-city blacks. Page 208 At a December 31, 1994, rally, Norman “Grand Dad” Reide, vice president of Al Sharpton’s National Action Network, accused Koreans of “reaping a financial harvest at the expense of black people” and recommended that “we boycott the bloodsucking Koreans.” More recently, in November 2000, African-Americans firebombed a Korean-owned grocery store in northeast Washington, D.C. The spray-painted message on the charred walls: “Burn them down, Shut them down, Black Power!
Amy Chua (World on Fire: How Exporting Free Market Democracy Breeds Ethnic Hatred and Global Instability)
Will you want an estimate of all the livestock, my lord?” “Naturally.” “Not my horse.” A new voice entered the conversation. All four men looked to the doorway, where Kathleen stood as straight and rigid as a blade. She stared at Devon with open loathing. “The Arabian belongs to me.” Everyone rose to his feet except for Devon, who remained seated at the desk. “Do you ever enter a room the ordinary way?” he asked curtly, “or is it your usual habit to slink past the threshold and pop up like a jack-in-the-box?” “I only want to make it clear that while you’re tallying the spoils, you will remove my horse from the list.” “Lady Trenear,” Mr. Fogg interceded, “I regret to say that on your wedding day, you relinquished all rights to your movable property.” Kathleen’s eyes narrowed. “I’m entitled to keep my jointure and all the possessions I brought to the marriage.” “Your jointure,” Totthill agreed, “but not your possessions. I assure you that no court in England will regard a married woman as a separate legal being. The horse was your husband’s, and now it belongs to Lord Trenear.” Kathleen’s face went skull-white, and then red. “Lord Trenear is stripping the estate like a jackal with a rotting carcass. Why must he be given a horse that my father gave to me?” Infuriated that Kathleen would show him so little deference in front of the others, Devon stood from the desk and approached her in a few strides. To her credit, she didn’t cower, even though he was twice her size. “Devil take you,” he snapped, “none of this is my fault.” “Of course it is. You’ll seize on any excuse to sell Eversby Priory because you don’t want to take on a challenge.” “It’s only a challenge when there’s some small hope of success. This is a debacle. The list of creditors is longer than my bloody arm, the coffers are empty, and the annual yields have been cut in half.” “I don’t believe you. You’re planning to sell the estate to settle personal debts that have nothing to do with Eversby Priory.” Devon’s hands knotted with the urge to destroy something. His rising bloodlust would only be satisfied with the sound of shattering objects. He had never faced a situation like this, and there was no one to give him trustworthy advice, no kindly aristocratic relation, no knowledgeable friends in the peerage. And this woman could only accuse and insult him.
Lisa Kleypas (Cold-Hearted Rake (The Ravenels, #1))
You’ll seize on any excuse to sell Eversby Priory because you don’t want to take on a challenge.” “It’s only a challenge when there’s some small hope of success. This is a debacle. The list of creditors is longer than my bloody arm, the coffers are empty, and the annual yields have been cut in half.” “I don’t believe you. You’re planning to sell the estate to settle personal debts that have nothing to do with Eversby Priory.” Devon’s hands knotted with the urge to destroy something. His rising bloodlust would only be satisfied with the sound of shattering objects. He had never faced a situation like this, and there was no one to give him trustworthy advice, no kindly aristocratic relation, no knowledgeable friends in the peerage. And this woman could only accuse and insult him. “I had no debt,” he growled, “until I inherited this mess. God’s bollocks, did your idiot husband never explain any of the estate’s issues to you? Were you completely ignorant of how dire the situation was when you married him? No matter--someone has to face reality, and Christ help us all, it seems to be me.” He turned his back on her and returned to the desk. “Your presence isn’t wanted,” he said without looking back. “You will leave now.” “Eversby Priory has survived four hundred years of revolutions and foreign wars,” he heard Kathleen say contemptuously, “and now it will take but one self-serving rake to bring it all to ruins.” As if he were entirely to blame for the situation. As if he alone would be accountable for the estate’s demise. Damn her to hell. With effort, Devon swallowed back his outrage. Deliberately he stretched out his legs with relaxed indolence and glanced at his brother. “West, are we quite certain that Cousin Theo perished in a fall?” he asked coolly. “It seems far more likely that he froze to death in the marital bed.” West chuckled, not above the enjoyment of a malicious quip. Totthill and Fogg, for their part, kept their gazes down. Kathleen crossed the threshold and sent the door shuddering with a violent slam. “Brother,” West said with mock chiding, “that was beneath you.” “Nothing’s beneath me,” Devon replied, stone-faced. “You know that.
Lisa Kleypas (Cold-Hearted Rake (The Ravenels, #1))
Please forgive me for inconveniencing you, Mr. Winterborne. I don’t intend to stay long.” “Does anyone know you’re here?” he asked curtly. “No.” “Speak your piece, then, and make it fast.” “Very well. I--” “But if it has anything to do with Lady Helen,” he interrupted, “then leave now. She can come to me herself if there’s something that needs to be discussed.” “I’m afraid Helen can’t go anywhere at the moment. She’s been in bed all day, ill with a nervous condition.” His eyes changed, some unfathomable emotion spangling the dark depths. “A nervous condition,” he repeated, his voice iced with scorn. “That seems a common complaint among aristocratic ladies. Someday I’d like to know what makes you all so nervous.” Kathleen would have expected a show of sympathy or a few words of concern for the woman he was betrothed to. “I’m afraid you are the cause of Helen’s distress,” she said bluntly. “Your visit yesterday put her in a state.” Winterborne was silent, his eyes black and piercing. “She told me only a little about what happened,” Kathleen continued. “But it’s clear that there is much you don’t understand about Helen. My late husband’s parents kept all three of their daughters very secluded. More than was good for them. As a result, all three are quite young for their age. Helen is one-and-twenty, but she hasn’t had the same experiences, or seasoning, as other girls her age. She knows nothing of the world outside Eversby Priory. Everything is new to her. Everything. The only men she has ever associated with have been a handful of close relations, the servants, and the occasional visitor to the estate. Most of what she knows about men has been from books and fairy tales.” “No one can be that sheltered,” Winterborne said flatly. “Not in your world. But at an estate like Eversby Priory, it’s entirely possible.” Kathleen paused. “In my opinion, it’s too soon for Helen to marry anyone, but when she does…she will need a husband with a placid temperament. One who will allow her to develop at her own pace.” “And you assume I wouldn’t,” he said rather than asked. “I think you will command and govern a wife just as you do everything else. I don’t believe you would ever harm her physically, but you’ll whittle her to fit your life, and make her exceedingly unhappy. This environment--London, the crowds, the department store--is so ill suited to her nature that she would wither like a transplanted orchid. I’m afraid I can’t support the idea of marriage for you and Helen.” Pausing, she took a long breath before saying, “I believe it’s in her best interest for the engagement to be broken.
Lisa Kleypas (Cold-Hearted Rake (The Ravenels, #1))
Dear Kathleen, I have just returned from the Lufton farm after inquiring about the welfare of their newest resident. Please convey to all concerned parties that Hamlet is thoroughly content with his pen, which, I might add, has been constructed to the highest porcine standards. He seems enthused about keeping company with his own harem of sows. I would venture to say that a pig of simple pleasures could ask for nothing more. All other news from the estate pertains to drainage trenches and plumbing mishaps, none of it agreeable to relate I am anxious to know how you are taking the engagement between Helen and Winterborne. In the spirit of brotherly concern, I beg you to write soon, at least to tell me if murder is being planned. Affectionately yours, West Kathleen took up a pen to reply, reflecting that she missed West more than she would have guessed. How strange it was that the drunken young rake who had come to Eversby Priory all those months ago should have become such a steadying presence in her life. Dear West, Upon Mr. Winterborne’s proposal to Helen last week I will confess to initial thoughts of homicide. However, I realized that if I did away with Winterborne, I would also have to dispatch your brother and that wouldn’t do. One murder may be justifiable in these circumstances, but two would be self-indulgent. Helen is quiet and withdrawn, which is not what one expects of a girl who has just become engaged. It is obvious that she loathes the engagement ring, but she refuses to ask Winterborne to change it. Yesterday Winterborne decided to undertake all the planning and expenses of the wedding so she’ll have no say in that either. Winterborne dominates without even seeming to be aware of it. He’s like a great tree that casts a shade in which smaller trees can’t thrive. Regardless, the wedding seems inevitable. I’m resigned to the situation. At least, I’m trying to be. Your brotherly concern is much appreciated and returned with sisterly affection. Ever yours, Kathleen
Lisa Kleypas (Cold-Hearted Rake (The Ravenels, #1))
Books devoted to France and its various regions became increasingly popular toward the later part of the July Monarchy. This growing preoccupation with France itself—perhaps best exemplified in the novels of George Sand—was a complex phenomenon, related at once to romantic nationalism, to improving communications within France, and to the retreat, after the 1830 revolution, of the legitimist nobility to their country estates, which contributed to making the countryside fashionable. Though by no means a new genre—they had been widely published since the middle of the eighteenth century—the travelogues had a wider audience than ever before during the July Monarchy because, like novels, they often appeared initially as installments in newspapers, to be published only later in book form. Thus, they were read by a broad segment of the public. Indeed, from upper to lower middle class, the French during the July Monarchy were a nation of enthusiastic armchair travelers.
Petra ten-Doesschate Chu (The Art of the July Monarchy: France, 1830 to 1848)
The estate on which my Uncle Sandy had been a tenant was one of those on which the relations of landlord and tenant were spoken of as being on a paternal footing; the idea of its being a commercial relationship was strongly resented and declared to be the suggestion of radicalism of a very red type, only fitted, if not designed, to excite prejudice against the landlord class, whose distinctive benevolence forbad their ever going farther than to take what they wanted, and proclaim the grand old doctrine of 'LIVE and let live.
William Alexander (My Uncle the Baillie)
According to the New York State attorney general’s office, the upshot of the deal was that the Russian Mafia had just laundered money through Donald Trump’s real estate.
Craig Unger (American Kompromat: How the KGB Cultivated Donald Trump, and Related Tales of Sex, Greed, Power, and Treachery)
Actual estate is a form of funding Real estate is a form of funding and is shortly being adopted by many individuals. The advantages of real property investments are many as mentioned here.There's a widespread adage that says don't put all your eggs in a single basket. That is the place actual property steps in to provide diversification. Diversification means spreading the danger of your cash. Real estate gives one other way of investing money relatively than investing it multi function place. One other advantage of real estate investment is that it ensures one a supply five on shenton of income for a very long time. It's because actual estate will at all times have shoppers who need to purchase or lease homes or premises for residential or enterprise functions respectively. This form of funding serves as a further income other than the normal wage one receives. Better still while you retire it is going to nonetheless be your revenue source. The other benefit is that one doesn't should be bodily present to get the revenue. Thirdly, you get to have leverage over all OPMS. It's easy for an individual who is in actual property to get a house and pay it off over a long time period. Generally the deal is so good that some brokers get as many as 30 years to pay off their mortgages! It's also a way of leaving one’s legacy behind that will probably be remembered for a few years to come even after one’s demise. Regardless of the very fact of the massive sum of money required to begin, the benefits of real estate investments that you're going to get are simply many.
Corey Feldman
REITs do a decent job of combating inflation. The best choice is Vanguard REIT Index Fund; other relatively low-cost choices include Cohen & Steers Realty Shares, Columbia Real Estate Equity Fund, and Fidelity Real Estate Investment Fund.
Benjamin Graham (The Intelligent Investor)
In the past two decades, especially, scholars and biographers have given emphasis to a pattern of hypocrisy and duplicity in the president’s life and career. Affecting the modesty and frugality of a simple country farmer, Jefferson’s private tastes ran to fine food, fine wines, fine homes, and fine horses. He criticized government waste, overspending, and public debt, but his profligate spending habits kept him buried under a mountain of personal debt all his adult life. He was enthralled by mechanical contrivances and innovations, but an enemy of industrialization. He denounced financial speculators while speculating aggressively in real estate. Deploring the smear tactics that were so pervasive in the 1790s, he arranged to have his political adversaries smeared. He declared that “If I could not go to heaven but with a party, I would not go there at all,” but he was the first acknowledged leader of a major American political party. Jefferson was his country’s greatest spokesman for liberty—swearing “eternal hostility to every form of tyranny over the minds of men”—and also the deeded owner of more than two hundred men, women and children, some of whom were his blood relations. As Dr. Samuel Johnson had asked: “How is it that we hear the loudest yelps for liberty among the drivers of negroes?
Ian W. Toll (Six Frigates: The Epic History of the Founding of the U.S. Navy)
The Hamilton Real Estate case is a relatively simple negotiation: two parties (a buyer and a seller) are negotiating over one issue (price). Within this framework, we cover all of the following aspects of negotiating: preparing to negotiate, avoiding common negotiator mistakes, deciding whether to make the first offer, responding to the other side’s offers, structuring your initial offer, finding out how far you can push the other side, haggling effectively, claiming maximum value without sacrificing the relationship, and managing your own satisfaction.
Deepak Malhotra (Negotiation Genius: How to Overcome Obstacles and Achieve Brilliant Results at the Bargaining Table and Beyond)
The feminine trickledown effect produced a boom in industries related to interior design, fashion, cosmetics, real estate, and adult toys.
Julia Edward (Society at New Heights Book One: Making of a Matriarch: An ABDL Novel in a Femdom Matriarchy)
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