I’ve always heard that real estate is the path to wealth. You probably have too. For many Americans, that means your primary residence. You buy it, you make your mortgage payments, and those “forced savings” plus property appreciation result in equity that often makes up a large percentage of your net worth. For others, it […]
When I was younger, I was taught that the key to financial freedom was saving as much money as you could.
While true, it's not the whole story. Saving can only get you so far - you need to invest prudently too.
Passive income is the dream. It is said that millionaires have seven streams of income and I personally believe income streams free you from the shackles of employment. But passive income can be a little… irregular. Irregular income isn’t an issue if you know how to handle it, but why build a passive income system […]
We are wonderfully predictable creatures, aren’t we? 🙂 We love to gamble. We love the get rich quick story. We love the lottery. We love the rags to riches story so much that it is the basis of many classic stories. And no one likes to gamble, get rich quick, or play the lottery like […]
For decades, companies have been giving away free stuff to get you to try their service. Brokers, like E*Trade, would offer hundreds of free trades within a fixed window whenever you signed up. Their latest advertised offer seems to be 60 days of commission-free trades. It’s a nice offer, but what if I don’t want […]
Investing can feel complicated and robo-advisors promise to make it simpler. By trusting in their algorithms, after filling out a profile and assessing your risk tolerance, they promise to handle the investment for you. They’ll pick low-cost funds, they’ll rebalance as necessary, and they’ll even tax loss harvest for you – all for a low […]
When you start investing outside of the stock market, you’ll see a term come up often – accredited investor. When I started angel investing, I saw the term come up quite a bit. As I left that world, with my tail tucked a little between my legs, and started looking at real estate – it […]
When the stock market is doing well, not too many people talk about real estate investing. It kind of makes sense though. The stock market is easier. You buy some shares, you sell some shares, you record the gains and losses on your return, life is pretty simple. Real estate is a little trickier. Buying […]
In 2012, Warren Buffett appeared on CNBC’s Squawk Box with host Becky Quick. Warren Buffett told Quick that if it were practical, he’d buy up a couple hundred thousand single-family homes. It’s a very attractive asset class. It’s now six years later and while the residential market has heated up in many areas (just ask […]
On November 7th, RealtyShares sent an email out to all of their investors that they would be shutting down. Fortunately, the investments are going to be safe. They won’t be taking on new investors, they won’t be taking on new investments, but they will continue to service the $400 million they do have under management. […]
I have a friend who enjoys horse racing. Well, to be precise, I have a friend who enjoys betting on horse races. When we go to Las Vegas, we like to spend an afternoon at a sportsbook. We pool our money and he picks a few races. On any typical trip, we sit down with […]