There’s an old adage in real estate… location, location, location. I live in the DMV – Washington DC, Maryland, Virginia – and it’s an area where real estate is higher than average. It’s challenging to find investment properties and as someone who is neither experience nor patient, it doesn’t make much sense for me to […]
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.
I’ve invested in real estate before. With less than stellar results. It was a small little partnership that invested in single family homes in Kansas City. The homes were very small, in a blue collar neighborhood, and things were fine when they were fine. We had a partner on the ground managing it but eventually […]
They say that millionaires have 7 streams of income. And most of them are boring. Common examples of income-generating assets include your classics like real estate (rental income, depreciation benefits, equity appreciation) and dividend stocks (dividend income is taxed favorably), which I love. But every so often, there’s one in there that sounds as exciting […]
Every few weeks, someone emails me asking for the best short-term investment. They’re usually saving up for their first home and they want that money to work for them, not just sit around. They don’t want to throw it in some bitcoin or anything crazy like that, they just want some kind of return on […]
When I started investing, I eased into it very gently. I didn’t trust the stock market. I was comfortable with saving the money. I wasn’t comfortable putting it in the “stock market.” My formative adult years started in 1998, the year I started college. I was going to Carnegie Mellon in Pittsburgh and studying Computer […]
I use Personal Capital on a monthly basis to collect my net worth information. I’ve been at it for over a decade. When I tell people I use a tool to do it, they all ask me the same question – is Personal Capital safe? Security is one of the biggest concerns people have with […]
I love Vanguard. The bulk of my investments are there, minus a few dividend growth stocks I hold in an Ally Invest account (formerly TradeKing). I’m not the only one. Of the top 25 largest mutual funds by assets, sixteen are from Vanguard (source). A clarification – many of the funds on the Marketwatch list […]
James Marshall was born in New Jersey on October 8th, 1810. The eldest of four, Marshall would soon leave New Jersey – heading west like so many young men looking for a better life. He would settle in Missouri, farming on the Missouri River, until he contracted malaria. That would prompt a move even farther […]
Pandas are pretty much awesome. They live one of the most casual lifestyles. For 14 hours of each day, they eat. They need to eat 40% of their own weight each day (12-38 kg!) and they prefer to eat golden bamboo. Chewing bamboo kind of takes a while (go ahead, give it a shot) – […]
The biggest money thieves in the financial industry aren’t what you might think. At first, when you think about robberies, bank robbers with large bags of cash come to mind. To be fair, there have been some major bank robberies over the past few decades. This article by the Thrillest shows the 10 most successful […]