Business
Is Unemployment Un-American?
Unemployment has become a major topic of concern and debate here in America. My worry is not about the people that use unemployment to get a new job or better yet use the opportunity to start a business. My fear is creating a sub-class of people that expect to be taken care of, with little […]
Bad News Good News on Foreclosures
I think we are all familiar with the BAD NEWS. As the first wave of foreclosures hit San Diego County, the reality probably struck fairly close to home with many neighbors, family members and associates losing their homes. San Diego Homeowners were witness to “Too good to be true” growth in property value that, of […]
Craig G. Francis Joins Presidio Sentinel Team SBA loan expert will write on business and funding issues
For Immediate Release San Diego, CA – Craig G. Francis, owner of Francis Financial and SBALoanStore.com, has joined the team of contributors at Presidio Sentinel. Francis, who has brokered over $1 billion in loans for over 2400 small businesses, will write about business, entrepreneurial and lending issues for the newspaper’s hard copy and online publications. […]
Small Business Lending Fund Gains Ground – At End
The Small Business Lending Fund, one of the major provisions of the Small Business Jobs Act that President Obama signed into law a year ago, seems to have finally picked up some steam. Since September 1, the U.S. Treasury Department has announced a total of 111 banks have received money from the fund to use […]
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 […]
