Articles
Crush it
It was 2005 and I was reading a book by this guy that no one really knew much about. The internet was new, Google was newer and I had a hundred business ideas, but I also had a day job and a baby on the way. But there was something about this book and this…
Read MoreA case study in real estate
In the old days (the 1980’s), we didn’t have social media – Facebook, LinkedIn, and Twitter or cell phones, let alone smartphones. We didn’t have a lot of the things that connect us today that most of us just take for granted. Back then, when the idea of buying or selling a home came up,…
Read MoreRoyalties
roy·al·ty (roi′əl-tē) n. pl. roy·al·ties A share paid to a writer or composer out of the proceeds resulting from the sale or performance of his or her work. As this definition shows, most people associate royalties with musicians and to some degree top actors and actresses, but there are a lot of other people outside of those arenas making money on content that they have produced. One of the top ways to create this form of truly…
Read MoreTo trade or not to trade
We have lots of folks that have watched our YouTube videos with an eye towards wanting to learn more about trading. One form of residual income or ways to generate income from home is by trading your own money. This is different from investing where typically you are buying and holding for longer than 5…
Read MoreFinancial Guilt
When it comes down to it, most of us have some kind of guilt about where we are at financially. Life isn’t perfect and neither are we. As life happens, so does our money. We help out a family member; we go through a health issue or take a financial risk – that’s life. Financial shame…
Read MoreThree Basic Questions about Taxes
Taxation is a big deal. Most people don’t realize the amount of destruction taxes can wreak on their ability to create and generate wealth. Here is a short list of some of the major taxes we are paying: Federal Income Taxes, State Income Taxes, Property Taxes, Gasoline Tax, Sales Tax, and Car Registration Tax. With…
Read More5 Facts About Equity-Indexed Annuities
We like and use equity-indexed annuities or as they are sometimes called, fixed-indexed annuities for many reasons. Let me give you a brief description and see if it is something that may appeal to you. What if you could be indexed to the upside of the stock markets, but not lose money because the stock…
Read MoreWhat will your job look like in 10 years?
I have always been fascinated by the following quote from Bill Gates, “Most people overestimate what they can do in one year and underestimate what they can do in ten years.” I am firmly in the overestimating camp and always try to do too much in a year. As I get older and hopefully wiser…
Read MoreIs It Time to Take a Bite out of Bitcoin?
Bitcoin peaked at nearly $20,000 in December 2017. With a drop just below $6,000, many confirmed and gloated about the bubble that formed. From the beginning, our position has been this is a long-term trend and like the internet age of the 90’s, there are many parallels. Now that the price has washed out, there…
Read MoreGive yourself a raise!
I had an interesting discussion the other day with a client. She was not happy with her job or her daily routine. She was also complaining that she was underpaid at work. We suggested she take income from an investment account to give herself a raise, but her immediate response was “I don’t want to pay…
Read MoreAudible – the need for speed
I was recently talking to a gentleman that is looking to do a startup after being employed for a number of years. He is wanting to shift in another direction and in doing so has recognized how much he needs to be “reading and really educating myself on everything from mindset to leadership to business.”…
Read MoreThe CASHFLOW Quadrant
This book is legendary. The book that actually put Robert Kiyosaki on the map was Rich Dad Poor Dad, but the book that has had the most tangible impact for me as an entrepreneur is Rich Dad’s CASHFLOW Quadrant: Rich Dad’s Guide to Financial Freedom. It is a top 5 mandatory read. In CASHFLOW Quadrant,…
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