Blog posts

Social Trading Online Markets analyze reports.Man working wood table Modern Interior Design Loft Place.Businessman Work Coworking Studio.Using Digital Tablet Hands.Blurred Background.Business Startup.

16 Jan: IS WEALTH BUILDING THAT SIMPLE?

Unless you were born with a silver spoon in your mouth, it wasn’t easy to get to where you’re at financially and professionally. You had to work at it. Like many in your position, you got to where you’re at because you invested in yourself. First, you invested in your education by doing well in school. Then, you found a good job out of school and invested in your career by putting in the time to rise through the ranks, but here is why you’re reading this article today.

all-millionaires3

01 Jan: ALL MILLIONAIRES ARE NOT THE SAME

During the real estate boom ten years ago, much was made of all the seemingly new millionaires being made every day. Then when it all came crashing down in 2008, these millionaires were wiped out overnight. What happened? Being a millionaire should ensure financial security right? Wrong. It depends on the type of millionaire you are. There’s the net-worth millionaire and the cash-flow millionaire.

ManufacturedHousing

30 Dec: THE UNICORN: THE RECESSION RESISTANT INVESTMENT.

The Great Recession officially lasted from December 2007 to June 2009 and had immediate and lasting negative financial impact on households and the broader markets. The economy bottomed out, crushing the real estate and stock markets, destroying $18.9 trillion of household wealth and wiping out more than eight million jobs. Investors heavily invested in the stock market through investment and retirement accounts saw their portfolios wiped out almost overnight.

DepositPhotos-Wealth-Vintage

17 Dec: WHAT UNIVERSITY ENDOWMENTS CAN TEACH YOU THAT HEDGE FUNDS WON’T

To significantly grow wealth, it doesn’t hurt to learn from those who are good at it, more specifically looking at the investing habits of those with a good track record of growing their wealth. And university endowments have been some of the most successful investors at growing wealth. And ranked among the wealthiest and most successful of university endowments is the Yale University Endowment.

fp 100mm

12 Dec: THE $100 MILLION IRA

During the 2012 elections, one of the revelations that came out about Republican candidate Mitt Romney’s finances was that his self-directed IRA was worth up to $100m. With current annual contribution limits of $5,500 for those younger than 50 and $6,500 for 50 and older, how the heck does anybody build an IRA worth $100m?

desk

02 Dec: Invest with a SDIRA with Checkbook Control

With a self-directed IRA with checkbook control, the owner has complete signing authority over his/her retirement funds. No more going through an administrator to fund investments. This type of control offers greater investment freedom, allowing the owner to manage assets with ease.