Everything You SHOULD'VE Been Taught in School.
Are you looking for a way to generate passive income and achieve financial freedom? Perhaps you want a stream of income to support you and future generations. If so, investing in real estate can be an effective way to achieve this goal.
However, it’s helpful to know real estate investing tips before you get started. [Read more…] about 7 Real Estate Investing Tips You Need to Know
How much money do you need to invest in real estate? If you’re asking this question, you’re not alone. By far, this is the most common question on the mind of new home buyers.
Today there are 28.1 million Americans invested in real estate, and for good reason, too. Real estate has created more wealth for more people across time and history than any other asset class. [Read more…] about How Much Money Do You Need to Invest in Real Estate?
I love the Rule of 72, because it lets you do quick math in your head to determine how quickly an investment can compound (i.e., double or triple in value) over time.
What is the Rule of 72? Simply put, the Rule of 72 is a quick way to estimate the number of years required to double the value of an investment at an annual rate of return.
This method was first featured in the Summa de Arithmetica of Luca Pacioli in 1494, which is impressive. Pacioli suggested using this method for calculating the estimated time of doubling investment. [Read more…] about What is the Rule of 72? A Simple Definition and Examples.
Cryptocurrencies rise to fame and explosive price growth over the past few years will go down in the history books. In 2017 alone, bitcoins price grew over 2,000 percent, starting at $1,000 at the beginning of the year and topping out around $20,000. During the pandemic, Bitcoin surged to new highs again, this time peaking at $60,000.
With cryptocurrencies becoming more and more popular, will there be another run?
Keep reading this guide to discover valuable tips for new crypto investors that will get you started in the world of decentralized finance. [Read more…] about Is Bitcoin a Safe Investment? 9 Tips for New Crypto Investors
Study after study tells us that, on average, Americans aren’t saving enough to cover their retirement. In fact, an estimated 15% of Americans have no retirement savings at all, and around 45% of people think they will run out of money in retirement.
The statistics are worrying, especially if you aren’t sure how to start saving for the future. After all, if you’re a total beginner, how are you supposed to come up with a solid investment plan that meets your needs? [Read more…] about Create an Investment Plan: 8 Investing Hacks for Beginners