The ideal mortgage amount was $1,000,000 before the Tax Cut & Jobs Act was passed in 2018. Today, the ideal mortgage amount is $750,000, if your income can afford it. Assuming you put down 20%, a $750,000 mortgage means you’re buying a $937,500 house The reason why $1,000,000 was ideal was because that was the […]
The Ideal Mortgage Amount Is $750,000 (If You Can Afford It) Read More »
As of September 3, 2024, NewRetirement has been rebranded as Boldin, to appeal to a wider and younger audience. Boldin’s retirement planning software is for DIY investors and retirement planners, and is also being sold to corporations as an employee benefit. So in this NewRetirement, Boldin review, I will refer to the company as Boldin
NewRetirement (Boldin) Review: An Excellent Retirement Tool Read More »
One of my goals in thew new decade is to learn about as many passive real estate investment opportunities available. I have over $500,000 of capital that should be returned over the next two years. The capital will be reinvested in various real estate opportunities to sustain and grow my passive income portfolio. This article
Streitwise Review 2021: A Secondary Market Real Estate Platform Read More »
President Biden stated he will raise taxes on individuals making over $400K and married couples making over $450K to pay for his $1.8 trillion American Families Plan. Once you make more than $400K/$450K a year, President Biden wants to raise the marginal income tax rate from 37% to 39.6%. This is the return to the
Surviving Off A $400K Income Biden Deems Rich Enough For Higher Taxes Read More »
The best time to retire may be under a Democratic President. Democratic Presidents tend to create larger social and financial safety nets paid for by higher taxes. For those who are close to retirement or constantly thinking about retirement, this post is dedicated to you. In general, I’ve tried not to rely on the government
The Best Time To Retire May Be Under A Democratic President Like Biden Read More »
Are you in a mid-life crisis? Well here are the best mid-life crisis cars to buy! I’ve been a car enthusiast since the 1990s. Since then, I’ve owned more than 15 cars. All middle-aged people really want are financial security, love, family, friends, and respect. They don’t want to be looked upon as out of shape losers
The Best Mid-Life Crisis Cars To Buy Read More »
Let’s look at how the rich get richer. When they have the most amount of assets during a bull market, they will make a larger absolute amount. Over time, they will pull away from the masses who don’t have as much investments, and exacerbate the wealth inequality we see in this world. As a result,
How The Rich Get Richer: Strategies For Competing In A Rigged Game Read More »
All any of us want is an opportunity to try and succeed. We don’t want handouts. Being a diversity hire to most of us is considered insulting. We just want the opportunity to try. Unfortunately, opportunities don’t come evenly. Here’s a story about opportunity, or lack thereof for this Asian landlord. I realized the other
Three White Tenants, One Asian Landlord: A Story About Opportunity Read More »
A number of people have asked me to share some different investment strategies for different life stages. What I’ll do is highlight the various investment strategies I think make sense for most people, discuss a couple more alternative investment strategies, and round up what strategy I think is most appropriate by life stage. We all
Different Investment Strategies For Different Life Stages Read More »
There are so many life insurance options that the complexity can paralyze you into not making a decision. This is a problem since life insurance is important if you have dependents, are a sole or majority income provider, and have major debt. This article looks at all life insurance options to protect your loved ones.
All Life Insurance Options To Protect Your Loved Ones Read More »
