22: Single Family Houses or Multifamily?
Many listeners that I speak with are already doing a good job with cash flow investing. Most frequently, I talk to people who are investing in single family homes. I am certainly NOT against investing in this kind of asset. However, I always have the same advice for people who are deciding whether or not […]
20: Is Higher Education Worth It?
This week’s Weekly Wealth Widget was inspired by the following question from one of our listeners who is in the health field himself. Hi Buck, I’d be curious to know what your personal thoughts are on “higher” education. “If you had to do it all over again, would you go to med school? Would you […]
19: Conventional Wisdom
The problem we have as successful professionals is that we are used to being good at school. The educational system, created by the Prussians during the industrial revolution, resembles a conveyor belt that spits out a new product every 12 years in the form of a brand new high school graduate. The best quality products […]
18: OUCH! I Got Slammed!
I got a stinging response from one of our readers last week. It was in response to the weekly wealth widget where I questioned why people thought that investing in the equity markets was “conservative” and investing in real estate was “risky”. She told me that all asset classes move in tandem and “don’t for […]
17: Don’t take financial advice from people with less money than you!
I got a stinging response from one of our readers last week. It was the weekly wealth widget where I talked about how people thought that being in the equity markets was “conservative” and investing in real estate was “risky”. She told me that all asset classes move in tandem and “don’t for one hot […]
16: Conservative Investing
I am on the phone with people from my accredited investor group a lot getting to know them and I often hear the term “conservative investing” thrown around a lot. I’m always curious what investors thinks is conservative. Presumably, conservative means safe so that gives me a sense for what people consider low risk. Particularly […]
15: Should You Pay Off Your Mortgage?
The question of whether or not you should pay off your personal residence is actually somewhat complicated as there is more at play then simply math. There is also an emotional and psychological component to the question so I won’t be strident in any way. However, let’s look at the math. What kind of interest […]