Business
Smart Real Estate Foreclosures Opens in Southern California
For Immediate Release… San Diego, CA – Smart Real Estate Foreclosures, a real estate investment company specializing in foreclosed properties, has now expanded its offerings to Southern California. Following its success in Arizona and the Las Vegas region, the company is evaluating properties in Los Angeles, San Bernardino, Orange, Riverside and San Diego Counties. Taking […]
A Brief Reminder About Volatility
By Rick Brooks When you are investing, you are being paid to take risk. The more risk you take, the more you should expect to make on your investments. This is something that seems to be forgotten during the good times. But volatility is part of investing. If you are not willing to take risks, […]
New Numbers on Banks and Lending
The latest numbers are out for the second quarter, and some of it is mildly encouraging – but only mildly. According to an FDIC release, banks overall reported $28.8 billion in aggregate profits for the second quarter of 2011, a $7.9 billion increase over the same period in 2010. It was also the eighth straight […]
Waitress turns “You’re Fired!” into a Sweet Life
For immediate release Chula Vista’s Sweet Life Deli to Reopen September 8, 2011 Chula Vista, CA – Sweet Life Deli, the popular eatery in the Park Plaza Shopping Center that has been closed since October, 2010, is officially reopening under new ownership on Sept. 8, 2011 at 5:00p.m. Mayor Cheryl Cox will be performs the […]
The Accidental Entrepreneur
Recently an acquaintance confided in me that he had lost his job and was having difficulty catching on in a new position. It got me to thinking about when I took the big leap from employee to entrepreneur. Now, I made my move voluntarily, but what I learned from that move can help others who […]
Investing in a “New Normal”
For those who missed my last column (available at presidiosentinel.com), I wrote that I expect government spending to be cut while taxes increase over the coming years. I also mentioned that my personal outlook is for slower economic growth as the both the government and consumers “de-lever” (that is, reduce debt). Finally, with economic growth […]
Fox departs for Los Angles to head new museum
The Broad Art Foundation has hired seasoned arts administrator Heath Fox as deputy director of operations for The Broad, a new contemporary art museum that philanthropists Eli and Edythe Broad are building on Grand Avenue in downtown Los Angeles. Since 2006, Fox has been assistant dean of arts and humanities at the University of California, […]
Johnson & Jennings General Contracting Celebrates 30th Anniversary
Johnson & Jennings General Contracting, a private, woman-owned commercial construction firm based in San Diego, Calif., is celebrating its 30th anniversary this month and, despite the challenging economic climate, is laying plans to expand into new markets throughout Southern California. Its founder and president, Jackie Jennings, is a long-time resident of Mission Hills, having first […]
Economics and the Debt Ceiling
Lately, there has been a lot of public hand wringing about the debt ceiling, or the legal limit on how much Congress can borrow. Essentially, they’ve reached the limit and since Congress borrows about 43 cents for every dollar spent, they need to raise the ceiling in order to fund the current operations of the […]
