Options on real estate are a very cool way to play the real estate game for the right person. But what are they? How do they work? Are they a good idea? Let’s break it down and learn together. What Are Options On Real Estate? If you own property you can sell an option to […]
4 Steps To Create Your Emergency Savings
If you feel uneasy about your finances, it might be because you don’t have enough emergency savings. A sudden bout of unemployment or an unexpected major expense could turn anyone’s financial stability into a horrifying nightmare. The good news is you can remedy that problem faster than you think. 1. How Much There are dozens […]
How to Succeed Despite All Past Failures
If you constantly struggle with some particular financial challenge, I can understand why you’d want to throw in the towel sooner or later. Think about trying to lose weight, improve your credit score or increase your retirement savings and investments. Do you know why there are so many books on these subjects? It’s because the […]
5 Alternatives To Withdrawing Money From 401k Accounts
If you want to safeguard your retirement, one of the most important things you can do is to avoid withdrawing money from 401k accounts. That’s the case even if you can take money out without a penalty. Here’s why. Let’s say you are 35 years old with a $100,000 in your 401k. You earn […]
Market Timing Strategies that Work – Day 2
Given the recent market volatility I thought I’d republish the following post. Is it really possible to time the market? Maybe not in the traditional sense but market “timing” can help you navigate very choppy investment waters. Read on and find out how. There are market timing strategies that work. Now that I’ve […]
Can You Write Off IRA Losses?
In most cases you can write off realized investment losses if those occur in non-qualified accounts (non-retirement accounts). That’s one way to minimize the pain when your investing fortunes don’t pan out. But when it comes to IRA losses, you are out of luck Charlie. This sour reality was brought home to Denise, a nice […]