Patient capital is the key to long-term wealth creation. Patient capital is the opposite of active trading and non-stop speculating. One of the main reason why I invest in real estate and venture capital is because they encourage investors to invest for the long term. Liquidity is overrated. Once you have about six months worth
Patient Capital: The Key To Long-Term Wealth Creation Read More »
The decision to pay down debt or invest is a personal one. It depends on a lot of factors such as risk tolerance, your number of income streams, liquidity needs, family expenses, job security, investing acumen, retirement age, inflation forecasts, and bullishness about your future in general. I’ve had hundreds of people ask me whether to
Pay Down Debt Or Invest? Implement FS DAIR Read More »
Although the Roth IRA is an important tax-advantaged retirement account, there are also disadvantages of the Roth IRA that are seldom discussed. For years I’ve been an opponent of the Roth IRA. After the government came out with its tricky way to let us all do a “one-time” Roth IRA conversion from our traditional IRAs,
Disadvantages Of The Roth IRA: Not All Is What It Seems Read More »
I’ve been a banking client of Chase for over 10 years, am a fan of Chase Sapphire Banking, and all the Chase credit cards. They are one of the largest, most reputable banks in America. They have branches everywhere here in San Francisco, where I’ve lived since 2001. In addition to being a banking client,
Chase Sapphire Banking: Bonus For New Customers Read More »
Real estate is my favorite asset class to build wealth for the average person. If you have children, then the value of real estate goes up even further! As a parent, your #1 goal is to provide for the safety and security of your children. Owning a home is a big step to fulfilling this
The Value Of Real Estate Goes Way Up Once You Have Children Read More »
Real estate or stocks? Stocks or real estate? That is the question so many of us want to know in order to get rich and break free. Historically, both real estate and stocks have been great investments, outperforming inflating by 2% (real estate) and 8% (stocks) a year on average. Hence, the decision may depend
Real Estate Or Stocks: Which Is A Better Investment? Read More »
After the global pandemic, the wealth gap has widened further with stocks, real estate, and crypto marching to all-time highs. Therefore, if you are doing well, I highly recommend you never tell anyone how much money you make. Instead, practice Stealth Wealth instead. If you start telling people how much you make, you’re inevitably going
Never Tell Anyone How Much Money You Make Read More »
The right money mindset is important to get rich. If you don’t have the right money mindset you will miss out on opportunities. This post will discuss how you can develop a stronger money mindset to achieve financial freedom sooner. Every day I encounter seemingly bizarre examples of people getting rich or things that are
Do You Have The Right Money Mindset To Get Rich? Read More »
If you want to maximize investment returns, you should consider The Samurai Method to investing. We know that if you want to make at least $100,000 a year, all you’ve got to do is find enough work that will pay you at least $50/hour for 40 hours a week for 52 weeks. I’m personally always
Maximize Investment Returns With The Samurai Method Read More »
They say a parent’s worry never ends. They also say a parent is only as happy as their least happiest child. This post offers a solution on how to stop worrying about your child’s future. I’m a father of two young children and used to worry about their futures all the time. From discrimination against
How To Stop Worrying About Your Child’s Future In This Competitive World Read More »
