In This Article
Behind housing and transportation, food is an American’s third largest expense at 12 percent of overall spending. In other words, a person who makes about $50,000 per year will spend approximately $6,000 on food.
This number will...
In This Article
Ever wonder how to save up for the initial down payment for an investment property, especially if you are not a high-income earner?
When we talk about personal finance, you can only cut expenses so far before...
In This Article
Think it’s a pipe dream, putting half of your after-tax income toward investments?
Then you’re not thinking hard enough.
Investing in real estate costs money. The more money you can put aside to invest, the more you can...
In This Article
“How much money do you make per year?”
This is the typical question that determines your status and esteem in the working world. The most successful doctors, lawyers, CEOs, quarterbacks, actors, hedge fund managers, and real estate...
In This Article
With the economy and markets getting more volatile and a lot of investors growing skittish, I’m starting to hear more talk about the importance of diversifying investments. I hear many people referring to diversification as the...
In This Article
Recently, I attended a conference for family offices, which are basically private wealth management firms typically having over $200 million in assets under management. While I was there, a discussion about the percentage of alternative investments...
In This Article
Prior to learning about real estate investing, I thought that the best way to satisfy my need to take control of my finances was through investing in stocks. Specifically, I thought that I could improve my...
In This Article
“Simplicity, simplicity, simplicity! I say, let your affairs be as two or three, and not a hundred or a thousand; instead of a million count half a dozen, and keep your accounts on your thumb nail.”...
In This Article
You’re not taking three-week long trips to Bali and you replaced your Starbucks habit with Dunkin’ Donuts—so you’re doing pretty well financially, right? Wrong! These seemingly innocuous habits will sneak in and murder your budget in...
In This Article
Let’s get one thing straight: everyone should hold both stocks and real estate in their portfolios. Diversification is the ultimate hedge against risk.
But that doesn’t mean we can’t pit stocks and real estate against each other...
