Post image for Is Buying a New Car Ever a Good Investment?

Many financial experts reject the notion of looking at a new car as an investment in the same way you would with a house. Unlike real estate, new cars tend to depreciate in value. In fact, they can lose 30-40% of their value within the first three years of ownership. Because of this fact, used cars are often seen as a better investment. They may have a few more miles on the clock, but used cars often offer all of the same high-tech gadgets and safety features as brand new models and have a much lower sticker price. As a result, is there any reason to buy a new car? Read More…

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Post image for I Am Too Old for That!

Have you ever said I am too old for that? Recently, my friends and family got together for Thanksgiving at a friend’s house. Put a bunch of people together and someone will certainly bring up either something funny or embarrassing. Sometimes it is both!. It may be from many years ago when you were young and immature or just last week when you were just acting stupid. 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 Being Rich or Poor Is a Choice!

Rich or poor is a choice!  I realize that some of you may feel this is controversial, but give it some thought. You have control of yourself and you are not a victim. People who are rich, work hard. People who are poor generally make poor choices. It starts very young with education, role models and goals. Most rich people did not start out that way.  They made a choice and you can too! Read More…

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Post image for Things I Do Daily to Keep Focused on My Goals!

I thought I would share some of the things I do daily to stay focused on my goals! About thirty-six (36) years ago, I created my plan to achieve financial independence. I set my goals to reach them in about nine (9) years and I beat it by two (2)! I was laser focused on my goals to the point of having daily tasks and monitoring them weekly/monthly. Life is complicated, but I tried to simplify it so I could achieve my goal.  Read More…

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Post image for Classic Cars, Muscle Cars and Antiques Cars Are Good Investments!

Buying a used car will save you money, but a classic, muscle or antiques cars may actually make you money. You still have to choose your car carefully, but these cars usually increase in value unlike your typical car which decreases in value as soon as you buy it. This is not your typical investment, but you may consider it as alternative after you cover everything else. What do you think? Read More…

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What If?

by Krantcents · 26 comments

Post image for What If?

Many years ago, I used to do “what if” scenarios. As I get older, I find I reflect on my decisions much more and often do “what if” scenarios as a way to plan for the future. I think my ability to plan well helped me achieve or accomplish much more than others. After all, how do you improve your decision making or judgment if you do not reflect on your decisions? Do you reflect on your decisions?  Read More…

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Post image for The Best Small Investments for Future Cash Flows

It’s no secret, we love money. If you don’t profess your love for money, you surely recognize its importance. This is the reason people and professionals are always looking to increase their current cash flows with sound investments. As many of us are averse to risk when it comes to money, here a few of the best small investment options that are best for your future returns. Read More…

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Happy Thanksgiving

by Krantcents · 6 comments

Post image for Happy Thanksgiving

Happy Thanksgiving!  Thanksgiving is celebrated in the United States each year on the fourth Thursday in November.  I was surprised to learn that as many as seven (7) other countries celebrate Thanksgiving.  In the United States, the origin goes back to Plymouth, Massachusetts in 1621.  Most celebrate with a huge meal of turkey with all the trimmings with family and friends.  How will you celebrate? Read More…

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Post image for 10 Quotes I Think Are Important!

At one time or another, I came across a quote I enjoyed! I may have embraced the thought years ago before I knew someone famous said it or the quote inspired me to do more. Either way, I thought I would some of them together to inspire you to do more with your life or inspire me to do more. Yes, I need inspiration occasionally to accomplish more and so do you! Read More…

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