Living for today - Planning for Tomorrow
5 reasons why buying a house in not a sound investment The common refrain you hear from home buyers is that “their house is an investment.” However, unless you are buying multiple houses to fix and sell, or to lease out, buying a home as an investment is not a particularly promising idea. Although there are a lot of benefits from owning a home, making
Investing would be a walk in the park if markets were predictable and saw consistent growth year after year. Over the long term, shares, mutual funds and bonds collectively produce positive returns. Yet, it is what happens to individual assets along the way that is a source of uncertainty. Since no individual or institution has the financial or logistical capacity to invest in all stocks,
Do you believe there is a difference between rich and wealthy? Have you ever considered it before? We’re going to spend two quick minutes in this article doing just that. Exploring the Difference Between Rich and Wealthy What is “Rich?” What is “Wealthy?” Time to jump back into grade school for a moment. Sometimes the best way to explore a topic is to lay a groundwork.
If you’re nearing retirement age, or simply planning in advance, you may be asking yourself how much you’ll need. We’re going to target one specific question in today’s article: “Can I live off interest on a million dollars?” Scenarios like this have many variables, so let’s start by asking some questions. Retirement Planning – Can I Live Off Interest On a Million Dollars? Some financial
I recently spoke with a good friend who announced she was going to pursue her long-time dream of writing. I was so happy for her. She then said she was going back to school. Much like me, my friend is a young mother and wife with a heart full of ideas and budget that doesn’t always make them possible. That’s why I want to talk
Do you know how much you need to live on during retirement? If so, then how can you be sure you’re putting away enough each year to reach that goal? These are important questions to ask during your working years. Thankfully, free calculators like cFIREsim were created for that purpose. Since my early days as a night teller in our bank’s drive up, I’ve tinkered
The Cashflow Quadrant could make you a millionaire. But how do you turn a formula on a page into dollars in the bank? We’ll explore that in today’s article. The information in Robert T. Kiyosaki’s book, “Rich Dad’s Cashflow Quadrant” is a follow-up to his best-seller, “Rich Dad, Poor Dad.” Kiyosaki used this formula in his own life, enabling him to become so wealthy that
Just about everyone has heard about the success of famous investors such as Warren Buffett. The real question is how did they get there? What did they do to become so successful and how can you become a successful investor too? One way to help you achieve your investment goals is to develop these 5 habits of successful investors. 1 Plan No matter how easy
From mid $200k’s to high $900k’s, there are tons of high-end condos in Miami designed to suit a variety of tastes and budgets, let’s explore the best residential developments that worth investing in: BRICKELL HEIGHTS Besides its striking modern architecture and prominent location at 850 South Miami Avenue, Brickell Heights ultra-luxury condominium stands out for its sophisticated amenities including, resident’s full access to the exclusive
What’s the most conventional way to invest money? The stock market? A 401K? Those are terrific and can make you very wealthy when used accordingly, but if you have a few bucks in your wallet and want a few unique ways to make it grow, here are five ways to invest $20 and make money. 5 Unique Ways to Invest $20 and Make Money You
