I began acquiring physical real estate as an investment vehicle in early 2016. The focus has always been on properties that have the potential to generate positive cash flow. The goal is to create a reliable income stream that will improve my financial security and put boosters on my path to financial independence. Monitoring and measuring this journey allows me to know whether my efforts have been successful and worth continuing.Read More
Before placing 2018 in the books, it’s worthwhile to take a look back on the year. This not only includes a reflection of the monetary events that transpired but — more importantly — the personal development that took hold.Read More
So it’s the middle of December and you’re just now realizing that your shopping list is looking a bit longer than had hoped it would be by this point in time. Luckily, you have a Amazon Prime membership and that glorious 2-day free shipping is here (again) to save the day.Read More
Even experienced investors can become nauseous when reviewing the dizzying array of investment account options in existence. Quite honestly, there are too many. This should come as no surprise, because much like craft beers, vape shops, and obnoxious catchphrases, we have a track record of excess in this country.
The problem is that you need to invest, but are likely having a hard time understanding what the different account types mean and whether or not you should be considering them. This is a common frustration for a lot of investors. In an effort to provide some clarity, let's do a quick review of the primary account structures, how they operate, and who they serve.Read More
We touched on the importance of portfolio diversification in the last post. In this post, we will take our portfolio discussion a step further and review some pointers that will assist in proper portfolio construction. This is important because most everyone has at least one investment account (most commonly in the form of a work retirement plan), but too few know the basics of putting together a balanced portfolio. I've witnessed firsthand how much excess risk (or even lack of risk) many investors are unknowingly taking in their accounts, so it's time we get a little more educated.Read More