Cade Hildreth

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Why 401K’s Are A Bad Idea

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Why is a 401(k) a bad idea? Why don’t rich people use them? And seriously, are they worthy of being called a scam?

There’s more than a few reasons that 401(k)s are a bad idea, including that you give up control of your money, have extremely limited investment options, can’t access your funds until you’re 59.5 or older, are not paid income distributions on your investments, and don’t benefit from them during the most expensive period of your life (child-rearing years).

Did I also mention that your 401k account value may plummet—it happened in 2008 and could happen again. [Read more…] about Why 401K’s Are A Bad Idea

How to (Realistically) Make a Million Dollars

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Have you ever dreamed of how to make a million dollars and what you would do with it? You could buy your dream house, take a faraway vacation, get the car you’ve always wanted, pay off your mortgage, or send your kids to college (worry free). Better yet, you could invest the money into investments that paid you every month so that you had stable income for the rest of your life. [Read more…] about How to (Realistically) Make a Million Dollars

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How to Prove You Are an Accredited Investor?

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Are you ready to place capital into an investment, but first need to prove that you are an accredited investor?

Currently, the U.S. Securities and Exchange Commission (SEC) limits most real estate funds and private placements to accepting capital only from people who are verified to be accredited—according, of course, to their somewhat arbitrary definition. [Read more…] about How to Prove You Are an Accredited Investor?

What Is an Equity Multiple and How Do You Calculate It?

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With all its terminology, stepping into the world of investing can be daunting. Nonetheless, an important concept to understand is the equity multiple.

But what is an equity multiple and how can you use it to evaluate the strength of an opportunity?

Also, when and why would you use it over other key performance metrics? Keep reading to learn these answers below. [Read more…] about What Is an Equity Multiple and How Do You Calculate It?

How to Make Six-Figures: 6 Skills You Can Teach Yourself

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Has COVID shaken up your career path and sent you looking for new opportunities? If so, you may be asking yourself how to make $100,000. It’s that exciting number where you break through from 5-figures to 6-figures per year.

According to IRS figures, less than 20% of tax filers report an adjusted gross income of $100,000 or more. So, landing a six-figure job will put you in the top one-fifth of earners within the United States. [Read more…] about How to Make Six-Figures: 6 Skills You Can Teach Yourself