The IRA remains a staple of American retirement planning. Unlike employer-sponsored accounts, you fully own and control the account, and it doesn’t change based on your employment. If you don’t have an IRA yet, there’s no time like the present to learn what your options are.
We all know we should save more money, but most of us still struggle with it. So stop relying on discipline to save. Instead, try these ways to trick yourself into saving more money and begin growing your wealth without feeling like you have to sacrifice month in and month out.
Investing in rental properties requires more effort and more cash on hand than investing in the stock market. So why do so many investors turn to them? Learn more about the advantages and risks of investing in rental properties to find out if they’re right for you.
Real estate offers plenty to like as an alternative to bonds. Historically, most investors only had access to real estate investment trusts. But real estate crowdfunding companies created a new way to invest in real estate. These are the best real estate crowdfunding websites around.
Quick, name three ways to invest in real estate. You probably jumped straight to real estate investment trusts (REITs), long-term rental properties purchased through a company like Roofstock, and short-term house flipping. These are all reasonable strategies, and ones that I’ve used myself over the years. But just because they’re the most popular options, that doesn’t
Real estate comes with incredible benefits for investors. As a source of passive income, it never dries up or matures, but instead provides ongoing income with no loss of assets. In fact, the underlying asset appreciates over time, even as you pay down the mortgage against it. That makes real estate investment an excellent source
I hear the question all the time from new investors: “I have some money, but what should I invest it in?” It’s the first question a person asks when they find themselves with excess cash for the first time in their lives. I see it in the personal finance group I administer on Facebook, I
The rich really do have better investment opportunities than the rest of us. I remember the first time my money was turned down when I went to invest. I approached a hard money lender I knew personally, who I knew to have an excellent track record with his firm’s loans. “I’m sorry,” he said. “I
As a real estate investor and real estate entrepreneur, I’m a great believer in direct real estate ownership. But it’s not for everyone. It’s hard to buy an investment property if you have less than $1,000 to invest, for example. Even if you’re approved for a low-down-payment mortgage, you still need to pull together thousands
When you make a new acquaintance, often the first question you’re asked is, “What do you do for a living?” This line makes sense as an icebreaker because work occupies such a central place in our lives. If you work a standard 40-hour week, you’re devoting over 35% of your waking hours to your job
