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How To Get Rich From a Recession

When the recession hit in 2007, a multitude of disastrous consequences followed. People had to sell their homes, watch their wealth disappear, and many lost their jobs. There is no doubt that economic downturns are tragedies, but for some investors,…

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How to Pay for Your Children

How to Pay for Your Children’s School or Automobile or College and get a Tax Deduction | Tax Strategies for the Affluent The affluent (even non-business owners) often use this strategy to hire their children as employees to pay for…

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Should Your Investments Be Boring?

Let’s be honest: Investing can be boring. This is especially true if you’re seeking advice from traditional sources like financial advisors or investment brokers. If you take a meeting with these types of people, you will likely hear the same…

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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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