Friends, A few days ago at lunch a good friend of mine, Bob Tiede, asked me three very interesting questions. 1) What are you doing really well? 2) What could you improve upon and 3) Why haven’t you taken the steps necessary to improve? As we bantered back and forth, I realized the VALUE in …
Category: Financial Planning
Millionaire Tells Millennials To Buy A Home
CNN recently ran an article explaining why self-made millionaire David Bach has said, “The fact is, you aren’t really in the game of building wealth until you own some real estate.” In his book, “The Automatic Millionaire” Bach writes, “As a renter, you can easily spend half a million dollars or more on rent over …
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Homeowner Average Net Worth 3,600% Higher Than Renter
Not only has the housing market made a strong economic recovery, but also in consumer and expert confidence in home-ownership as an investment. Not Because of a Difference in Lifestyle In the New York Times, an editorial entitled, “Homeownership and Wealth Creation” explains: “Homeownership long has been central to Americans’ ability to amass wealth; even with the substantial decline in wealth […]
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7 Personal Finance Questions Most People Can’t Answer
I’ve come to realize that a vast majority of us share the same goal in life. We want to commit, work, face and take responsibility for as little as possible, yet still be comfortable. In schools today, the child that makes B’s and C’s with little or no effort is met with more admiration than ...