Cade Hildreth

Little Known Hacks I Learned Making My First Few Million

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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 I think 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 Get Cash Flow From Investing Activities

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With the Coronavirus outbreaks surging (and our salaries at risk), we all need to learn about how to replace some or all of our income with cash flow from investing activities.

Adding income from passive investments can help you to create multiple flows of income so that you’re not reliant on one company or client.

Without a doubt, diversified streams of income are key to weathering any economic crisis.

Before we dive in, let’s explore the differences, and risks, between speculating and investing. This will position you to make wise financial investments. [Read more…] about How to Get Cash Flow From Investing Activities

How to Get Started in Real Estate: The Ultimate Guide

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Have you ever driven down the road looking at the homes, apartments, or projects under development and asked yourself how to get started in real estate? If so, you’ve come to the right place, because real estate investing represents an compelling opportunity for wealth building. 

Learning how to invest in real estate will:

  • Produce monthly cash flow
  • Increase your net worth through debt pay down and price appreciation (increases in the property value)
  • Give you insane tax benefits (mortgage interest write-offs, depreciation deductions, etc.)
  • Provide you with protection against inflation
  • Allow you to utilize leverage, which can further accelerate your returns [Read more…] about How to Get Started in Real Estate: The Ultimate Guide