Category: investing
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This is why inflation is going to persist and will continue to erode your purchasing power.
As of me writing this post this morning we are awaiting the Consumer Price Index (CPI) for May 2023 to be released. What is CPI? It is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S.…
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The biggest wealth creation tool that you already possess.
I am a sucker for catchy headlines more than the next guy I think. Especially when it comes to money, health, fitness, and wealth building. So if you are like me and this headline grabbed your attention I will get straight to the point and why you are here. The biggest wealth creation tool you…
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3 mistakes new investors make when buying their first investment property.
We all make mistakes especially when it is the first time we are doing something. These mistakes usually don’t have long term consequences. Well, we hope not at least. Most mistakes can be over come. However, when it comes to investing in real estate if you can prevent these mistakes you will be way better…
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How to to turn $30 thousand dollars in to $500 thousand.
A lot of us didn’t learn this math in school because it isn’t taught this way. Instead you attend school from age 5-18 taking a bunch of classes and courses that they tell you are important and you learn later in life that they really weren’t that important. What I have done here is outlined…
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What is a “buy box” and other key essentials to successful real estate investing.
When becoming an investor in real estate it’s important to have a solid understanding of the market and a strategic approach. Many people in the space often call their approach a “buy box.” What is a buy box? It is a set of characteristics that you have already established on the front end of investing…
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5 Key Reasons Why Price Stability Matters: The Importance of Low Inflation for a Strong Economy”
Price stability and low inflation are crucial for a healthy and stable economy. Overall, high inflation can have detrimental effects on the economy, including reduced purchasing power, increased uncertainty, income redistribution issues, disrupted investment and savings patterns, challenges in international competitiveness, and policy difficulties for central banks. It is important for policymakers to address inflationary…
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Demystifying Present Value: Unlocking the Power of Financial Evaluation
Present value, in finance and investment, refers to the concept of determining the current worth of a future sum of money or a series of cash flows, discounted to reflect the time value of money. It is a method used to evaluate the profitability or attractiveness of an investment opportunity. When it comes to real…
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How can I save and invest more money?
Author James Clear in his monumental best selling book, and the one book I highly recommend everyone read at least twice has a lot to say about the 1% rule. The 1 Percent Rule states that over time the majority of the rewards in a given field will accumulate to the people, teams, and organizations…
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Why you will Never be able to Save yourself in to wealth.
One of the old adages I have heard a million times is this exact phrase. You can’t save yourself in to being wealthy. Translation: You can’t only save money and expect to accumulate wealth. It is impossible. The money you made yesterday is worth less than it is today. And it will be worth less…
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3 reasons I know your financial situation will never change for the better.
Over the the last six months I have devoted much of my writing to finances, real estate, and the overall economics of life. As I have made that transition, some of the topics I have written about can really get people motivated to push back on some of my positions. I personally love the banter.…