Over the last few years I've been in the fortunate position to meet some fascinating people from all walks of life. Quite often I also get to pop the hood on their finances. The financial stories are just as varied as the people, but a select few have achieved a rather impressive abundance of wealth. I have noticed a commonality within this community: in absolutely zero instances was this high level of wealth achieved via the stock market.Read More
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Lane Kawaoka is a professional engineer by day and a passionate real estate investor and syndicator by night. He's also a published author, podcaster, coach, and contributor to the Forbes Real Estate Council. I was fortunate enough to be a guest on Lane's podcast, Simple Passive Cashflow which just went live this week.Read More
There is nothing more dangerous than blanket investment advice. Yet, everywhere you turn, you will find headlines giving you just that: the next best, can't miss investment. All your troubles are swept away if you just follow this particular guidance, or buy this specific product.
These headlines sell because they promote a false sense of security and simplicity. People want the microwave approach to solving an issue. But the problem is that proper investment advice is not that simplistic.Read More
In her last and most recent economic update as Federal Reserve Chair, Janet Yellen stated that she believes both stock and real estate prices are elevated. Although she stopped short of mentioning the word bubble, most investors can read between the lines and are concerned. With high valuations for stocks and real estate, savings accounts and CD's paying next to nothing in interest, bonds facing potential headwinds due to rising interest rates, and cryptocurrencies showing no signs of stability, what is a person to do?Read More