Right before the pandemic began in 2020, the question I posed for all of you was: If the economy tanked, would you be ready? How about if World War III broke out? I asked this question before 2019 was an extraordinary year for returns. Something bad was bound to happen, and it did! Let’s do […]
If The Economy Tanked, Would You Be Ready? Read More »
Recently, I was reminded how important it is to have personal property insurance. One of my tenants had his car “broken into” while it was parallel parked outside the house. The robber took his new set of golf clubs worth ~$3,000. I put “broken into” in quotes because no window was smashed. He apparently left his car unlocked. So who
Understanding Personal Property Insurance For Your Valuables Read More »
After some debate between paying by cash or by credit card, I decided to pay $750 in cash to fix my car fan instead of paying $1,004 with a credit card to get points and peace of mind. By paying $750 cash, I’d save $254 and still get a one-year warranty and receipt. By paying
If Given A Choice, Always Pay By Cash To Save Money Read More »
A well-written real estate love letter can reduce a buyer’s purchase price by 1% – 10%. If we’re talking about a $1 million property, that’s $10,000 – $100,000 in savings. Therefore, learning how to write a real estate love letter is essential if you want to save money on your next property purchase. At the
How To Write A Real Estate Love Letter And Save Big Bucks Read More »
Making a low-ball real estate offer is one strategy for getting the best deal possible. However, your low-ball offer may also offend the seller and shut you out completely. This article well teach you how to make a low-ball real estate offer and get it accepted. To make a successful low-ball offer, you need to
How To Make A Lowball Real Estate Offer And Get It Accepted Read More »
When you’re young, you spend time accumulating wealth. When you’re old, you should spend time protecting wealth. Building a CD step stool to protect a portion of your wealth is a smart way to go. A CD step stool is when you buy CDs or Treasury bonds with only up to two-year durations. Multi-millionaires go
Build A CD Step Stool, Not A CD Ladder In A Flattening Yield Curve Environment Read More »
If you want to save money on car maintenance, never go to the car dealer for service. A car dealership is the most expensive way to service your car. Their hourly rates are much higher than an independent auto shop. The other day, Moose’s battery light went on. Unlike the three other yellow error lights
Never Go To The Car Dealer For Service Read More »
Good news! It just got a little bit easier for everyone 40 and under to become 401(k) millionaires by the time you turn 60. The maximum 401(k) contribution limit for 2021 is $19,500, the same from 2020. Meanwhile, the combined employer and employee contribution limit rises by $1,000 to $58,000. In other words, your employer
The Maximum 401(k) Contribution Limit For 2021 Read More »
There are many benefits of being short I’d like to discuss in this post. I firmly believe being tall is overrated. Unless you are a basketball player, volleyball player, wide receiver, or tennis player, there’s not much benefit to being tall. I’m 5’10”, the average height in America. If I played in the NBA, I’d
Paying For Height Is A Waste Of Money: The Many Benefits Of Being Short Read More »
When I was in high school, I got in a lot of trouble with the law. I was also suspended once for fighting. As a result, I often wondered if anybody would ever give me a chance at life. Because I ended up receiving multiple chances despite my screw ups, I’ve learned to be more
Don’t Ever Give Up: Surviving 10 Years Of Prison Read More »
