THE SECRET TO FINANCIAL INDEPENDENCE...IT'S NOT YOUR W-2
Tuesday, May 17
I am passionate about personal financial education and financial independence. No matter who you are, everyone should strive for some point of financial independence.There is a lot written on financial independence and even a chart showing 7 levels of financial independence that goes from creatin...
Get your money out of the bank!
Thursday, May 12
My bank just notified me that my savings account interest rate went up from 0.50% to a whopping 0.60%!Wahoo! I'm making bank at the bank now. Thank you inflation! ๐ There's got to be a better way, right? In this current environment, it is more important than ever that we are careful and diversifi...
๐จ๐น๐ฌ ๐๐ถ๐ผ ๐จ ๐ฏ๐ฐ๐ฎ๐ฏ ๐ต๐ฌ๐ป ๐พ๐ถ๐น๐ป๐ฏ ๐ฐ๐ต๐ซ๐ฐ๐ฝ๐ฐ๐ซ๐ผ๐จ๐ณ?
Tuesday, April 26
What does it take to be a high net worth individual? According to a Morning Consult survey of 2,200 adults commissioned by Personal Capital, ๐ต๐ญ% ๐ผ๐ณ ๐๐ต๐ผ๐๐ฒ ๐๐๐ฟ๐๐ฒ๐๐ฒ๐ฑ ๐ต๐ฎ๐๐ฒ ๐ต๐ฒ๐ฎ๐ฟ๐ฑ ๐ผ๐ณ โ๐ป๐ฒ๐ ๐๐ผ๐ฟ๐๐ต,โ ๐ฏ๐๐ ๐ผ๐ป๐น๐ ๐ฏ๐ฑ% ๐ฎ๐ฟ๐ฒ ๐ฐ๐ผ๐ป๐ณ๐ถ๐ฑ๐ฒ๐ป๐ ๐๐ต๐ฎ๐ ๐๐ต๐ฒ๐ ๐ธ๐ป๐ผ๐ ๐๐ต๐ฎ๐ ๐ถ๐ ๐บ๐ฒ๐ฎ๐ป๐.What is net worth?๐ก๐ฒ๐ ๐๐ผ๐ฟ๐๐ต ๐ถ๐ ๐ฎ๐ฑ๐ฑ๐ถ๐ป๐ด ๐๐ฝ ๐ฎ๐น๐น ๐๐ผ๐๐ฟ ๐ฎ...
Passive Investor Series Part 12: Depreciation Recapture
Monday, April 25
Much is discussed about the amazing advantages of depreciation when investing in real estate. This is ๐ผ๐ป๐ฒ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฏ๐ถ๐ด๐ด๐ฒ๐๐ ๐ฎ๐ฑ๐๐ฎ๐ป๐๐ฎ๐ด๐ฒ๐ ๐ณ๐ผ๐ฟ ๐ฎ ๐ฝ๐ฎ๐๐๐ถ๐๐ฒ ๐ถ๐ป๐๐ฒ๐๐๐ผ๐ฟ ๐๐ผ ๐ถ๐ป๐๐ฒ๐๐ ๐ถ๐ป ๐ฟ๐ฒ๐ฎ๐น ๐ฒ๐๐๐ฎ๐๐ฒ ๐๐ฒ๐ฟ๐๐๐ ๐ผ๐๐ต๐ฒ๐ฟ ๐ฝ๐ฎ๐๐๐ถ๐๐ฒ ๐ผ๐ฝ๐ฝ๐ผ๐ฟ๐๐๐ป๐ถ๐๐ถ๐ฒ๐, such as stocks. When bonus depreciation is taken in a property, then the deprec...
Do Mortgage Rates Really Rise With Fed Rate Hikes?
Thursday, April 21
With the recent decision by the Fed to raise rates, does that really mean a rise in interest rates? See the Federal Reserve Economic Data (FRED) chart comparing the average 30-year fixed-rate mortgage and the effective Federal Funds rate below: Two observations from this chart:๐. ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ ๐ซ๐๐ญ๐๐ฌ ...
Passive Investor Series Part 10: What's Up With March 15
Wednesday, April 20
March 15th. This day has come and gone without much fanfare. What is significant about this date? Not only is it the day Justin Timberlake released his 3rd album โThe 20/20 Experienceโ, but it is a much more important date for tax filers. ๐๐๐ซ๐๐ก ๐๐ ๐ข๐ฌ ๐ญ๐ก๐ ๐๐๐ฒ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ๐๐ฌ ๐๐ฅ๐๐ฌ๐ฌ๐ข๐๐ข๐๐ ๐๐ฌ ๐ ๐ฉ๐๐ซ๐ญ๐ง๐๐ซ๐ฌ๐ก...