We’ve discussed what it takes to be in the top 1% in net worth by age. Let’s discuss how to live like the top one percent without being rich. Unfortunately, the very definition of top 1% means that 99% of us won’t get there. But once we have a goal, we do infinitely better with our […]
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During times of uncertainty, make sure you are on top of your cash. Cash management is really about stress management. The more cash you have and the better you know your cash flow, the less stressed you will be. Buying anything close to the top of the market is risky. For stocks purchased in 2000, it
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Unfortunately, RealtyShares is no longer accepting new investors on their platform. It is no longer an operating platform. RealtyShares was one of the fastest growing and largest platforms. But they grew too quickly as the analyzed their deals too hastily. RealtyShares Alternatives I suggest taking a look at Fundrise, the pioneer in eREITs and a platform
RealtyShares Review: No Longer An Operating Platform Read More »
The Brexit event reminded me how we constantly self-sabotage our own progress due to emotion. Fear and greed tend to triumph over logical reasoning in the short run. In the long run, we find pangs of regret asking ourselves, “What were we thinking?” Here’s some reflection of my own self-sabotage as it pertains to this site.
Stop Self-Sabotaging: You’re Really Your Own Worst Enemy Read More »
The people of Great Britain decided to shoot themselves in the foot and punch the rest of us in the face by leaving the European Union (Leave: 51.9%, or 17,410,742 votes, versus Remain: 48.1%, or 16,141,241). The movie is dubbed Brexit. As a result, the pound fell to its lowest levels in 31 years and
Great Britain Votes To Leave The EU: What’s Next After Brexit? Read More »
Owning rental properties is one of the best ways to build wealth. Finding the best tenants is, therefore, crucial. This post will discuss how to select the best tenants for maximum prosperity and peace of mind. If you don’t put in the effort to find the best tenants, you may end up regretting your decision.
How To Select The Best Tenants For Maximum Prosperity And Peace Of Mind Read More »
Do you have the dilemma to rent or sell your home? It’s tough given the housing market is so strong now. At the same time, rent is going up as well. I like to leave things to fate. Believing in fate helps alleviate some stress from the unknown. When my tenants gave me their 30-day notice two
Create Win-Win Scenarios To Never Lose: A Decision To Rent Or Sell Is Made! Read More »
The median net worth for US families in 2018 plunged to just $77,300 from a high of $126,400 in 2007. This is according to the Federal Reserve’s Triennial Survey of Consumer Finance. $77,300 can’t even buy you two years of private college tuition! No wonder why so many people think the US is screwed. The
The Median Net Worth Plummets To Early 1990s Levels Read More »
A reader named Vicki Cook left an amazing comment in my post on whether to sell or keep renting out a property I’ve owned for 13 years. She noticed things I hadn’t realized about myself. With her doctoral coursework in Educational Leadership, I invited her to write a guest post psychoanalyzing me about my dilemma. I’m confident readers
Make Better Decisions With A Decision Framework: Emotional Biases Are Everywhere Read More »
Student loans for college are now highly contentions. With Joe Biden wanting to forgive $10,000 – $50,000 in student loan debt, more people are probably going to take out student loans. This is how moral hazard works. That said, student loans for college is an inevitability for all but the upper middle class and above.
Student Loans For College: An Inevitability For All But A Lucky Few Read More »
