Lending money out or asking to borrow funds from friends and family can be quite a conundrum. One of my tennis buddies told me a funny story about borrowing money from his parents. He was 28 at the time and asked for a $30,000 loan to buy a condominium. Since his parents had the spare […]
Lending Money To Friends And Family: How To Determine When It’s OK Read More »
I’ve always been pretty focused on my staying healthy as an avid tennis player. My determination to stay fit and live as long as possible was heightened when I became a parent and then again when the pandemic hit. I’m sure a lot of you have similar priorities and want to maintain a healthy lifestyle.
How Farmland Investors Can Take Advantage Of The Health Movement Read More »
As a landlord since 2005, I’m constantly faced with the dilemma of selling a rental property or renting it out whenever my tenants move out. The older and wealthier I’ve gotten, the more I prefer to sell rather than rent out. I have a love-hate relationship with owning rental properties because they allowed me to
Rent Out Or Sell An Investment Property When Inflation Is High? Read More »
Some say renting is like throwing your money away. If that’s the case, what about the people who spend six figures a year on rent? Is that like setting your net worth on fire? I don’t think renting is throwing money away at all. You get shelter for the rent you pay. Renting is also
Profiles Of People Who Spend Six Figures A Year On Rent Read More »
A bear market is a part of investing. We must accept that losing money is the price of admission. There was a terrible bear market in March 2020, when the S&P 500 tanked by 32% in just a month. Thankfully, the bear market recovered and a bull market ensued until the end of 2021. In
A Bear Market Checklist To Thriving In A Downturn Read More »
Recently, I got an upsell from my life insurance carrier offering $500,000 in accidental death insurance for $33 a month. This is on top of my existing 20-year term life insurance policy coverage of $750,000 I found through PolicyGenius, a free life insurance marketplace. The accidental death insurance offer sounded like repetitive coverage. But I
Accidental Death Insurance On Top Of Life Insurance: Coverage Differences Read More »
After sharing how one man retired at age 41 with a household net worth of $4 million, I thought it would be good to share another story about early retirement from a completely different situation. This story comes from money trauma and how it is being conquered. One of the complaints about the $4 million
Overcoming Money Trauma: Why I Retired To Taiwan With Only $600,000 Read More »
While working in finance, I fantasized about travel blogging. I saw a bunch of people write about all the new places they visited. They chronicled the food they ate and the activities they did while making money online. Given their niche was travel, they could also deduct their travel expenses from their online income. It
Travel Blogging: One Key To A Happier Retirement Read More »
Several years ago, I had lunch with Jilliene Hellman, CEO and Founder of RealtyMogul in San Francisco. Back then I was impressed with her in-depth knowledge of commercial real estate. Further, I liked her focus on building a sustainable business versus having a “growth at any cost” type of mentality. Given it’s been a while,
RealtyMogul Overview 2025: Platform Improvements And New Initiatives Read More »
Tappable equity is the amount of home equity available for homeowners to withdraw via a cash-out refinance or a second mortgage. It is typically calculated as total home equity minus 20 percent of home value. The 20 percent figure is used as a collateral cushion to protect the lender. Tappable equity is a new term that I’ve
Tappable Equity: Usable Home Equity Has Exploded Higher Read More »
