I watched something on TikTok that made a good point. The premise is that Finance is the language of the elite. It sounds presumptuous and elitist, but it could be true! Have a watch or a listen and see if you agree. Here's what he says: Most people are financially illiterate. You know what the … Finance Is Only The Language Of The...
CNBC got folks fired up when it came out with its top 10 worst states to live and work in. Texas, a state with a population of almost 30 million, came in as the worst state. I've been to Austin and Houston a dozen times for work. They are fine cities with some mighty fine … The Worst State To Live And Work...
In this podcast episode, I speak with Ben Miller, Co-Founder and CEO of Fundrise. We discuss the various opportunities and risks he sees for real estate and stock investors over the next 12-24 months. For the several years that I've known Ben, he has always demonstrated a more measured outlook than other CEOs and investors … Real Estate Risks & Opportunities With Ben...
In my quest to upgrade homes, I've come to realize that buying a home with contingencies is like getting a free call option. Your likely worst case scenario is that you make nothing. But your best case scenario is that you buy a home at a price that is below market. For the last three … Buying A Home With Contingencies: Like Getting...
Although the Supreme Court striking down of Affirmative Action for college admissions is disappointing for many, there are some positives. One such positive is less stereotyping about how someone got into college. Another positive is that legacy admissions is now on the chopping block. Finally, another positive is how Asian Americans now have better personalities! … Personality Scores By Race: The Differences Are...
Now that you know why a home's accurate square footage is important, it's time to exploit the inconsistencies and make some money! Every home buyer is a real estate investor, whether they know it or not. I always encourage homebuyers to buy a home for lifestyle first and profits second. However, this doesn't mean we … How To Make Money On Homes With...
If you're buying a home, you should compare the home's advertised square footage with the official square footage on the Multiple Listing Service (MLS) and tax records. Your goal is to uncover any discrepancy and understand why the discrepancy exists. The MLS takes its information from the home's official square footage found in the county's … When Advertised Home Square Footage Is Different...
I wrote about the various paradoxes of wealth based on a Charles Schwab Modern Wealth Survey. In this article, I want to highlight another wealth paradox based on the amount people expect they need in retirement versus how much they actually have. According to this new data, I'm convinced Americans really don't know how much … How Much People Want In Retirement Vs....
You know that panicky, sinking feeling in the pit of your stomach when you realize you're in deep trouble? You're so SOL that you don't know what to do. It's Sam's wife Sydney here, and I recently found myself in a bind. Right after I booked flights to Japan, I realized my passport was missing. … When In Trouble, Remember FULL BENEFIT! A...
Everybody should have some investments in stocks. Although stocks provide zero utility, some stocks provide dividend income and all stocks have the potential for capital appreciation. Since 1926 the S&P 500 has returned about 10% on average a year. Further, at some point in your life you should sell some stocks to buy what you … It’s OK To Sell Stocks Once You’ve...
I first wrote this post about financial independence in 2012, soon after I had left my day job in the finance industry. It was a 13-year slog, but I was thrilled and also a little worried about the unknown. The idea of this post was to capture the feeling of financial independence and how it … Reasons To Strive For Financial Independence: That...
