The housing market is on fire which is bad news for new home buyers! Houses in good neighborhoods are selling over list price within mere hours of being listed. A major culprit of this market craziness is the government moratoriums on foreclosures and evictions—this has frozen real estate markets which has left homebuyers and investors scrambling for the scraps.
Learning & InsightsStay Up To Date With Finance
Sign Up For Our Newsletter
Receive the newest information right to your inbox
Most people fail to get started with their retirement savings because they think that it takes a significant monthly contribution to make any headway. Don’t fall for that trap! Contributing $25/month towards a retirement plan is doable for most people and it will make all the difference in the world the earlier you start.
Cryptocurrency is on the lips of many pundits today. While most people don’t like to admit it, crypto is not commonly understood.
That is because cryptocurrencies are built on two concepts that people use interchangeably: (1) a blockchain and (2) a token.
Scammers are everywhere! Unfortunately, there are people from all around the world who would love nothing more than to steal your money.
There is nothing more frustrating than to be taken advantage of by an unscrupulous individual, so here are some tips to protect yourself from fraud.
In my last economic report, I contrasted the differences between the 2008 and 2020 recessions. As the current economy recovers from last year’s shutdowns, this difference is becoming more pronounced.
The immediate threat to us now isn’t unemployment or a recession—it is unchecked inflation and the hyper-charging of the economy.
We are on the precipice of a significant stimulus rollout that has the potential of upending the economy as we know it.
While it sounds like a kindness, if the government tacks on a $15/hour minimum wage to this economic oversaturation scenario, the cost of goods and inflation will be augmented significantly which will hurt the very people intended to be helped.
I do not believe that Modern Portfolio Theory can adequately address the nuances found in the current investing environment—it is anything but modern! To combat the low-interest-rate environment that we find ourselves in, I suggest looking at other investment vehicles that perform like bonds but with higher return potential.
When building wealth, your focus should be on acquiring investments that appreciate in value and provide cash flow. Unfortunately, over 90% of Americans erode their wealth building through car ownership!
COVID-19 really sucks! The government shutdowns in response to the pandemic has been wreaking havoc on the economy and personal finances. Here are some ways that you can shore up your finances during all this craziness.
I am a do-it-yourselfer. I first started trading stocks in 2008—right before the stock market lost almost half of its value. I put all my savings in the stock market and I found my personal portfolio down by 70% within the first year of trading in stocks.
Learn About Other Topics
Are you interested on learning more about specific topics regarding your business? Click on the links below to learn more!