From the category archives:

Investments

Why I Love Taxes!

by Krantcents · 6 comments

Post image for Why I Love Taxes!

I love taxes which is a huge paradigm shift for me!  I used to hate taxes so much that I used the tax code to reduce my taxes to zero.  Yes, that is right, I paid zero taxes for a very long time legally!  When you invest in assets, you can depreciate them and use depreciation to reduce your taxes.  Is that the only way to reduce your taxes?  No, learn what rich people do to lower their taxes. Read More…

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Post image for The Pros and Cons of Investing in Rental Property or REITs

I love rental property!  I bought my first home when I was twenty-seven (27) years old.  My next investment was a nine (9) unit apartment building when I was thirty-one (31) years old.  Over seven (7) years, I accumulated more properties.  By the time I was thirty-eight (38) years old, I achieved financial freedom.  Investing has its risks and rewards. Rental property is an excellent way to build wealth! Read More…

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Post image for Cash is not an investment

If you have an expectation of growth in your investment, forget cash! I am referring to cash investments such as money market accounts, interest bearing checking accounts, savings and certificates of deposits. It is merely a parking space for short term savings! Investing is expending money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property or by using it to develop a commercial venture. Where is your cash? Read More…

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Post image for Is It Too Late to Buy a Home?

Are you too late to buy a home at a bargain price? Home values are going up all over the country and you may be too late! If you are looking for the perfect time to buy a home, you probably missed it. Similar to the stock market, timing the market is difficult if not impossible. Real estate is cyclical and it goes up and down! The best time to buy a home is when you can afford it.  Read More…

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Post image for How to Buy Income Property

Buying income property is one of the best ways to reach your financial goals!.  Income property is investment property bought or developed to earn income through renting, leasing or price appreciation.  This can be a condominium, townhouse, home, apartment building, industrial property or commercial office building.  Have you ever thought about buying income property?  Read More…

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Post image for How To Be A Bad Investor

Making mistakes is a part of being human. We all make them, sometimes at the most inopportune times, such as my friend getting into an accident while taking the road test for his driver’s license – that’s not a joke. When it comes to investing, there are countless mistakes that we as investors can and do make. Below I present three ways to be a bad investor and what to do instead so that you can be a successful investor. Read More…

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Post image for The False Promises of Annuities and Annuity Calculators

You may have been encouraged by an insurance agent to purchase annuity with the assurance that you are going to receive a steady stream of funds during your retirement. The reason that more and more people become interested in investing in annuities is the promise that they will profit from their investments once they are in their retirement age. With the different types of annuity in the market, fixed annuity has been getting the most attention from potential investors. Read More…

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Post image for Things you must do to succeed at real estate investing

Real estate has become among the most lucrative venture for investors. Though expensive to start, investors get profit within a shortest time. However, making the real estate investment becomes a risky venture because you have to make the right decision for success to come. If you are a new investor, the following things you must do to succeed at real estate investing must be done. Read More…

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Post image for Am I Wealthy Enough for Wealth Management?

Am I wealthy enough for wealth management?  It is the question of the day!  When do I have enough assets that I could benefit from an expert?  I know you probably don’t feel as though this is even on your horizon, but someday you might.  Why wait?  You can use some great free tools to manage your money.  It will keep you better organized and on track to achieving your personal financial goals too. Read More…

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Post image for 4 Decisions that Will Cost You a Fortune!

As I get old(er), I tend to reflect on my decisions more often.  It is one of the ways I learn to make better decisions and learn from my mistakes.  Yes, I make mistakes!  If you are making decisions, you make mistakes.  No one bats a thousand!  You cannot avoid making mistakes, but you should make more good decisions than bad ones.  Especially the big decisions! Read More…

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