John T. Reed’s news blog

One of the featured scenes in tv coverage of the Ukraine invasion is of babies being born amongst the war and refugee chaos. . My West Point classmates and I knew one of those—albeit from another war. . WW II began on September 1, 1939 when Hitler’s Nazi Germany and Stalin’s Soviet Union simultaneously invaded Poland from the West and East—the same Poland that has now welcomed the largest number of Ukrainian refugees—over 1.7 million and counting now. . My mother told me that I was born nine months to the day after my draftee father returned from the war...

Here are a couple of emails I exchanged with an Australian reader who had just bought and read my 2021 new book An American Principal Residence is the Most Advantaged Investment on Earth: Maximize Yours! . Re: Your new book. Investing in Principal residences only. nick chan <nickchan64@hotmail.com> Jul 31, 2021, 1:28 AM to me Thank you John. I have many of your books. I live in Australia and went down the path of owning many rental properties due to a peculiar tax allowance called negative gearing here but the negative Cashflow nearly killed me. I should have stuck to...

This is a review of the first chapter of the book Buy, Rehab, Rent, Refinance, Repeat by David Greene. His first chapter is an overview of the book so it is a good one to review about the basic claims he makes for the book. Greene says  Reed responds My parents bought their first home around 1985 in Manteca, CA I bought my first CA home in 1980 in Moraga, CA. I previously owned 20 units that I bought starting in 1969. They paid $60,000. It is now [2019] worth about $375,000 I paid $152,000 for 45 LaSalle Drive. Now worth ...

https://www.cbo.gov/publication/56598I have been saying we are going to get hyperinflation since 2010 when my first edition of How to Protect Your Life Savings from Hyperinflation & Depression came out. The Figure 1 graph below shows the main evidence. Note that it is a product of the Congressional Budget Office—not the Milton Friedman fan club..A graph of the Fed balance sheet looks even worse and it is more to the point..I have said that politicians blame inflation on Wal-Mart and Exxon and Bernie and Pocahontas have already have done exactly that. Now Biden is blaming Putin’s invasion of Ukraine..1. It real does...

Investopedia says, An accredited investor is an individual or a business entity that is allowed to trade securities that are not be registered with financial authorities. They are entitled to this access by satisfying at least one requirement regarding their • income • net worth • asset size • governance status • professional experience. In the U.S., the term accredited investor is used by the Securities and Exchange Commission (SEC) under Regulation D to refer to investors who are financially sophisticated and have a reduced need for the protection provided by regulatory disclosure filings. VerifyInvestor.com says, Even though the primary residence presents a significant boost to...