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A high savings rate creates a virtuous cycle of building wealth fast: You start stacking up passive income streams, each of which adds more freedom to your life.
This all sounds great in vague, theoretical terms. But exactly how...
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In today’s world, the landscape of retirement planning is shifting beneath our feet. The challenges of an aging population, an uncertain future for Social...
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Billionaire Andrew Carnegie famously said that 90% of millionaires got their wealth by investing in real estate. Whether that’s entirely accurate is up for debate, but it’s certainly true that real estate is a proven wealth-building...
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You may not be familiar with modern portfolio theory, but you probably know its core tenet: Investors should diversify among uncorrelated assets to maximize returns while minimizing risk.
Soren Godbersen at EquityMultiple makes a strong case that...
We all occasionally fall victim to fallacies—assumptions or beliefs that just aren’t true.
Consider a deceptively simple logic puzzle known as the Monty Hall problem: You’re presented with three doors, behind one of which is a prize, and you have to...
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Investing in real estate can be a great way to generate wealth, but it isn’t for everyone. For one, the term ‘‘passive income’’ really does not describe real estate investing accurately.
Becoming an investor is a much...
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In 2022, the share of nonretired adults who perceive their retirement savings as being “on track” hit a low of 31%, according to an annual survey from the Federal Reserve. Inflation and a bearish stock market likely...
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Before discussing how to calculate the number of properties needed to replace your current income, understand that retirement is not a one-time event. Retirement requires rental income that will enable you to maintain your current standard of living...
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In a recent CNBC article, it was revealed that more than half of Americans earning over $100,000 a year live paycheck to paycheck. This eye-opening statistic highlights a fundamental truth: The road to wealth isn’t solely about income but...
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Should you aim for diversification in your real estate investments? What about your stock investments?
Oddly enough, many real estate investors never bother to ask that question. They just assume that all real estate investments require a...
