Andrew Lanoie

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15 Nov: Investing for Future Generations

Aging is inevitable, and part of the American Dream is to be able to retire when we reach our golden years, or earlier, with financial security.

One of the hottest topics in the financial world is passive income. It seems like almost everyone in this space is reading, writing, and working towards it. So what exactly is passive income? In short, passive income is cash flow generated from investments without you actively working for it. It is essential for generating wealth and financial security.

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11 Nov: Profiting From a Renter Nation | Part 2

Real estate pundits love to talk about millennial population trends and how to tailor your investments to profit from them.

One of the most common examples is younger people plan to rent rather than buy, at least in the near future. What almost nobody is talking about, yet, is the fact that many Baby Boomers are set to follow this same trend and here’s why…

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05 Nov: More Reasons to Not to Invest REITS

Historically, interest rate uncertainty and stock market volatility have gone hand in hand.
This has proven true in 2018 where the Fed has raised rates three times, in March, June, and September by a quarter of a point each time.
The surprise of the three increases along with the uncertainty of future rates has contributed to significant stock market volatility, with October of 2018 being the most volatile October in over a decade.

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08 Oct: Financial Justice

Social justice warriors dominate the 24-hour news cycle by seeking to right one social injustice or another. Lost in all the shuffle is another form of injustice, financial injustice.

For too long, Main Street investors have given up their power to Wall Street investment advisers, mutual funds and pension plans. Lulled into believing that if they place their hard-earned cash with one of these many Wall Street money managers, their retirement security is virtually assured and they have no worries.

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20 Sep: Who Really Profits on Wall Street

In the late 90’s, one of my best friends finally finished his graduate program and was in search of a job in finance. The result of all of his hard work was a new gig as a financial advisor at Goldman Sachs, one of the biggest names on Wall Street.

Though he didn’t stay long, he learned almost everything there is to know about the financial industry. Some of those things helped him later on in life, but most of them just made him skeptical about what role Wall Street plays in our society.

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16 Jul: Don’t Let Generalizations Block Wealth For You

Don’t make the same mistake. Think back to the 2008 housing bubble.

First came rapid growth in home ownership and subsequently, rapid growth in consumer debt. Many of those homeowners were not fit to pay those debts back.
Then, risky investment products like mortgage-backed securities disguised and expanded those bad loans. After some time, the fragile house of cards fell, and the entire world felt the effects of a depressed market.

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04 Jun: Money | Greed | Fear

When everything’s going great, people like to take the credit for their good fortune, but when things go south, they start blaming something or someone else. With investing, when people lose money, they like to blame the money and the pursuit of money for their own problems. And they blame the players and actors underlying the money – the market, wall street, financial advisors – for putting them in their precarious financial situation. They blame everybody but themselves.

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30 May: Higher Demand = Opportunity

Warren Buffett has become a household name due to his massive success in the investing world. What makes him unique is that his story, and the investments he makes, are not particularly compelling. He does not take big swings at risky investing plays. Instead, he looks for high-quality companies that are fairly valued and invests heavily.

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05 May: Your Two Legacies for Future Generations

In 60% of cases where a family’s fortune is blown, it’s usually exhausted in one generation by the children of the person who created the wealth, according to Roy Williams, president of wealth consultancy The Williams Group. In 90% of the cases where a fortune is blown, it’s gone by the second generation, by the time the grandchildren die.

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18 Apr: Never Invest in Annuities

How do life insurance companies make money? From the law of averages. On average, the life insurance company collects more in life insurance premiums than it will ever have to pay out in death benefits. That’s because with hundreds of thousands, sometimes millions of policyholders with life insurance policies, most pay more in premiums than their families will collect in death benefits.