The New Way to Buy Real Estate

In my day, we went out and reviewed a hundred properties just to close one deal. It took weeks, even months, but this was one of the best teaching tools I could have encountered. By looking at all those deals, I learned to narrow down exactly what I was looking for and what I was willing to pay when it came to a real estate property. One of my employees came in a few months ago, all excited because she’d…

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The Financial Genius of Amazon.com

In July of 2016, I wrote an article called “Spend It If You Got It”. In the article, I detailed a crucial truth about how money works in our new economy. In an economy where almost everything is built to take your money, saving it is of little value. From inflation to taxes to hidden fees in your 401(k), the system is stacked against you. In today’s economy, spenders are winners. By this I mean people who know how to…

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Is Pet Insurance Worth the Cost?

Two years ago, Elizabeth Newsom-Stewart’s cat Fawkes ate part of a lily plant leaf. Newsom-Stewart, then a veterinary student at Cornell University, immediately knew the danger he was in, and rushed him to an animal hospital. “Some lily plants are toxic to cats” she says, and may cause kidney failure. “Symptoms can take 12 to 24 hours to show. By the time kidney failure occurs, it’s almost always fatal.” Emergency treatment, which included three days in intensive care, medication, tests,…

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Fake News Could Worsen Financial Illiteracy

Many people have enough problems figuring out where to invest, how to avoid fees, whether to refinance mortgages and a slew of other money topics without fake financial news adding to the mix. Yet the trend toward inaccurate or slanted personal-finance reports could make things worse. A new survey by an accounting group suggests that deliberately false or misleading news articles have the potential to impair Americans’ ability to make wise decisions in investments, retirement planning and other areas. “Having accurate, reliable financial…

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Giving Up Avocado Toast Won’t Bring You Financial Freedom

Nitpicking your expenses doesn’t lead to financial freedom; it’s growing your income and investing your money that will. Last month, Australian millionaire Tim Gurner suggested that young people couldn’t afford their houses because of…get this…avocado toast. This is the same kind of advice that’s in line with “don’t buy expensive coffee”, and “never go on vacation”. Now we’re not against saving money, but this mindset is all wrong: Crunching The Numbers Mr. Gurner says: “When I was trying to buy…

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High School Dropout Who Invested in Bitcoin is now a Millionaire at 18

Three years ago Erik Finman made a bet with his parents. He had just dropped out of high school, finding it a waste of time, and was being taught at home. If he was a millionaire by the time he turned 18, his parents said, they would not force him to go to university. Last week Mr Finman declared victory. “I won the million dollar bet I had with my parents!” he announced on Tuesday. “Grateful to all the friends, family,…

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