There’s a lot of wealth to be made in this world. And yet there’s so much truth to the saying you’ll never get rich working for someone else. You might think that sounds crazy. But, when you look at the super rich, you’ll realize the majority of them were able to get rich by hiring […]
Bankers, Techies, Doctors, And Lawyers: You’ll Never Get Rich Working For Someone Else Read More »
Are you asking yourself: should I invest in P2P lending? My short answer is no. I do not recommend investing in P2P lending because returns are lower, risk is higher, and I’m not sure platforms like Prosper will be around. P2P lending ranks last in my best investment rankings chart. If you are still interested
Should I Invest In P2P Lending? Prosper Performance Review Read More »
If you go close to the edge, you’ll realize what’s possible. In my quest to make my life worse, to ultimately make life more enjoyable, I’ve continued to look for full-time work to test my resolve. Every time I step into an interview room, I change my mindset from a guy with financial freedom, to a
Step As Close To The Edge As Possible To Love Your Life More Read More »
Do you really think it takes a genius to be rich or run a country? The reality is, it doesn’t take a genius to do these things. Instead, it takes tenacity and grit. Let’s say you are 44 years old and over the past 10 years earned over $2.3 million in gross income. For someone who
It Doesn’t Take A Genius To Be Rich Or Run A Country Read More »
On December 10, 2008, Bernie Madoff’s two sons told authorities their father was running a $65B Ponzi scheme for decades. Supposedly the sons and mother had no idea. Beware, ponzi schemes are everywhere. Bernie’s scheme began to unravel after the financial crisis in 2008 catalyzed a series of fund redemptions, which ultimately forced Bernie to come clean to
The Father Of All Ponzi Schemes Will Cause The Mother Of All Financial Meltdowns Read More »
We all know that Donald Trump won the presidency after Obama. During this time, Donald Trump’s net worth has tanked given the contentiousness of his presidency so far. This was a guest post that highlights the net worth of American presidential candidates. Today, Joe Biden is President and plans to raise taxes and push a
The Net Worths Of American Presidential Candidates Back In 2016 Read More »
Do you daydream about being your own boss? It’s not easy to start a business that’s successful quickly. But, if you’re great at what you do, there are many benefits of entrepreneurship. If you start a business, you can use it to save on taxes and help take care of your family. When you decide
Start A Business To Save On Taxes And Help Take Care Of Your Family Read More »
Guaranteed returns are always nice. Unfortunately, guaranteed returns are generally low compared to the potential returns you can make investing in stocks, real estate, and other risk assets. The first thing we need to understand is money used to invest in a CD, pay down a mortgage, or pay off student loans should be grouped together in one bucket: the
Is real estate the next asset class to fall? I thought so on January 13, 2016 when I first wrote this post. Then I sold my rental property in 2017 and watched real estate weaken in 2018. However, post-pandemic, the housing market is back and stronger than ever! Let me share with you from sentiments
Real Estate Is The Next Asset Class To Fall And Why I’m Not Worried Read More »
If you live in the United States, you are wealthy beyond what most others dream of. Your salary is 99% higher than of the world population. You are already wealthy, stop complaining! If you find yourself complaining, visit areas like India, and Africa, and you’ll see what real poverty looks like. If you moved there, you
You Are Already Wealthy, Stop Complaining! Read More »
