Something very bad happened to me the other weekend. I lost $800 dollars betting on the 49ers to win the Super Bowl. Earlier, I had won $600 betting on the 49ers to beat the Vikings and the Packers. But lost it all and then some when the 49ers couldn’t hold onto their 10-point lead. I […]
Inside The Mind Of A Gambling Addict: No Bet, No Win Read More »
Let me share why I never contributed to a Roth IRA but why you probably should. I fully admit that I was once an ardent opponent of the Roth IRA in the past. But as a middle-aged father of two young children, I’ve come around. Contributing to a Roth IRA is a great way to
Why I Never Contributed To A Roth IRA But Why You Probably Should Read More »
As a multiple residential property owner, I am constantly watching interest rates and the 10-year yield. A refinance opportunity has emerged yet again now that mortgage rates have declined. Has it been a while since you last refinanced your mortgage? Now is the time to check mortgage rates for free. See how much you could
A Refinance Opportunity Has Emerged Now That Mortgage Rates Have Declined Read More »
Despite the typical American having less than $150,000 for retirement, the average spending amount in retirement is surprisingly high. According to the Bureau of Labor Statistics data, “older households” – defined as those run by someone 65 and older – spend an average of $45,756 a year, or roughly $3,800 a month. I don’t know
The Average Spending Amount In Retirement Is Surprisingly High Read More »
Why You Shouldn’t Bother Cooking Your Own Food To Save Money
Why You Shouldn’t Bother Cooking Your Own Food To Save Money Read More »
Thank goodness the stock market, real estate market, and economy bounced back since the worst of the coronavirus hit in early 2020. That said, here are important details investors should know about the coronavirus. The coronavirus is likely here to stay even though we have multiple vaccines. Coronaviruses are actually a group of viruses that cause diseases in
Important Details Investors Should Know About The Coronavirus Read More »
The Economist put out an interesting chart highlighting how long it takes the median household income to earn one million dollars before tax. Have a look. Given the median US household income was roughly $68,000 in 2021, it will take roughly 14.7 years for the typical household to earn $1 million gross. For 2026, the
How Long Will The Average Person Take To Earn $1 Million Around The World? Read More »
Instead of being so honorable and making money all by yourself, maybe you should get your parents to buy you everything as an adult. Life would be much easier this way. If I could do it all over again, I’m not sure I would have scrimped and sacrificed so much in order to come up with a $120,000 down payment
How To Get Your Parents To Buy You Everything As An Adult Read More »
Are you trying to decide between a 30-year fixed rate mortgage loan or an adjustable rate mortgage (ARM)? My opinion is that a 30-year fixed mortgage loan is a suboptimal mortgage that will cost you extra money. With the average homeownership period of around 13 years, there’s no reason to overpay for 30 years. For
30-Year Fixed Mortgage Loan Or An Adjustable Rate Mortgage (ARM)? Read More »
My estate planning lawyer said something interesting before I decided to hire her. “People who aren’t rich might need estate planning more than rich people because they might not be able to afford to pay probate fees in the case of an untimely death.“ Leave it to the US court system to make the distribution
Three Things I Learned From My Estate Planning Lawyer Everyone Should Do Read More »
