Edit: The game was closed down. There are rumors saying it may return, but it probably won’t. Okay, I’ve been getting a surprising amount of feedback on this video, so there’s some info to answer some of the more common questions: This was recorded back in 2008 when EU version was just released (US version came the next year). The game has been since changed quite a bit, especially whole newbie experience up to level 10. I don’t play this anymore mainly because I don’t have anyone to play with – I prefer to play MMOs with someone I know, but I must say it’s pretty good game, in my opinion better than World of Warcraft or Aion. At the time the video was recorded, the game used “freemium” pay model, meaning you had to purchase access to later parts of the game. In June 2009 developers of the game went bankrupt and one of the publishers, Acclaim, announced, the game will become free to play with microtransactions (cash shop) under their management. This should happen sometime at the end of 2010. Until then, the game’s completely free with no payments needed. The only official site is: spellborn.acclaim.com Others are either outdated or fake. I hope I made everything clear. If you have more questions, feel free to ask them in the comments.
www.kimsnider.com The smartest people I know make their money work hard. Money tied up in your house is lazy money. Your house may appreciate over time, but historically, in most parts of the country, you are lucky if your house goes up by 3% – 4% per year. That is not enough. Money tied up in your house is not liquid. When you need it most is when it is going to be hardest to get out. I have a friend who is in financial trouble. He has $500000 of equity in his house. He can’t get a home equity line of credit because he is in financial trouble and he can’t declare bankruptcy because he has too much equity in his house! Money tied up in your house produces no cash flow. I am all about cash flow. It makes the problem of markets and economies that go up and down over time much more manageable. Money tied up in your house is not diversified. For most of us, the value of our home represents too much of our net worth to be tied up in a low return, illiquid, non-cash flow producing asset. Finally, people cling to the quaint idea of a paid for house as security. No one can force me out. At least I’ll have a place to live. It’s mine. I own it. It’s paid for. It’s also wrong. The smartest people I know don’t pay off their house or even make extra payments on their mortgage unless they have more than enough money to meet all other financial objectives. Action If you are making extra payments on your primary residence, find a better use for that money. What about you? If you were …
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