A $20 Million Net Worth Should Be Enough To Live Happy And Free
Needless to say, a $20 million net worth is a substantial amount of money. It firmly places you within the top 1% of net worth,...
To Be A Great Athlete Is Prohibitively Expensive For Most
Like most people, I enjoyed watching the Olympics. Some of us might even imagine our children becoming elite athletes one day. Unfortunately, becoming a great...
Rental Property Maintenance With Your Kids Solves Two Problems
If you're a real estate investor with children, you may face two significant challenges. The first challenge is holding onto your rental property for as...
Performance-Based Commission Rates By Top Real Estate Agents
With the real estate industry finally lowering commission rates after August 17, 2024, a battle is brewing among brokerages and agents to win business. For...
Proof The Real Estate Industry Is Finally Lowering Commissions
I recently received an email from an agent at Sotheby’s, a prominent real estate brokerage with 1,115 offices located in 84 countries and territories worldwide,...
The Minimum Investment Amount Where Work Becomes Optional
In a previous post, I discussed the futility of working when your net worth is declining. During a stock market crash or recession, your Return...
The Pointlessness of Working When Your Net Worth Is Declining
The latest stock market correction cost me about five times what I made consulting part-time for four months. If I were smarter, I would have...
Creating Connections To Save Money and Get Better Service
Life is easier when you can make a positive connection with other people. As I discovered recently, creating a connection with your service provider can...
Stock Market Crashes Can Change Your Life For The Better
On July 16, 2024, we had a mini-stock market crash with the S&P 500 declining from 5,667 to 5,186 by August 5, 2024 (-8.5%). The...