Last week I talked about how the key to wealth is to “own something.” When you have assets that are producing income for you on a regular basis, you are able to outsource tasks, free up time, not be a slave to a 9-5 job you do not enjoy, and ultimately have the freedom to […]
Read More >>
I was talking to a friend at work last Friday about what he did for the Fourth of July. He went on to tell me about going to a friend’s parent’s house for a pool party. He said their house was amazing. I immediately asked what his parents did for a living or how they […]
Read More >>
If your job offers benefits, they will most likely automatically kick in at a certain time. For some benefits, though, you need to voluntarily take action to fully take advantage of them. Today I talk about three no-brainer benefits that you should take full advantage of. 1) 401k match Many employers offer a 401k match […]
Read More >>
Pretty much any time someone talks about how the stock market is performing they reference how “The Dow” is doing. We hear reporters say the Dow was up 2 points or down 2 points, but what does that mean and what the heck is the Dow? The Dow Jones Industrial Average is a stock index […]
Read More >>
It might be hard for most people to fathom, but there was a poker tournament recently that had a $1 million price tag. That’s right, you had to pony up a cool $1 million to enter the tournament. Forty eight players entered the tournament. The entrants were made up of professional poker players and businessmen. […]
Read More >>Today I want to discuss an additional source of money for a down payment on a house that people often do not think of: your 401k. Taking money out of your 401k is one of the major “sins” of personal finance; you just don’t do it. Your 401k is meant to be spent in retirement […]
Read More >>