The Bare Naked Ladies sang an entire song about what they would do if they had a million dollars. But, what would, or could you really do? So, if you are in the 7-figure club, where can you put your wealth to ensure that it stays safe, continues to grow, provide income, and won’t disappear…
September has been a trying month for me so far. My loving dog of 10 years passed away earlier in the month. That has been a source of distraction from financial matters and from blogging, but I will give it my best. Wealth Building I have yet to make any adjustments in my saving or…
I’m going to give a brief overview of my personal financial situation and go over a few main points of focus. I’ll be posting regular updates on my progress. Wealth Building I’ve been saving and investing for years. Currently, I’m putting around $1,000 a month into various funds and cash accounts. This is spread across…
If you own your home, then you may have equity in the property. If you do, then should you tap this locked up equity and use it? There is no black and white answer. Some uses of your home’s equity are foolish while others can help you build wealth. I’m going to look into a…
What do you do when you are bored? Do you waste time on social media or watch TV? As an alternative, I’m going to offer some productive uses of your time. 1. Go to the gym There is probably no better way to relieve stress and overcome boredom than with a good workout. If you…
Are you looking for a safe place to park cash that is an alternative to your local bank, online account, or credit union? If so, then go to https://www.treasurydirect.gov/ and see what the government has to offer. You will find multiple savings vehicles that are backed by the full faith and credit of the…
Fundrise is an online real estate investing platform that allows investors to invest in commercial and real estate through crowdsourcing. One of the advantages of Fundrise is that its investments are open to anyone. You need not be an accredited investor to participate in the investment offerings. The company deals mostly in REITS by managing…
Tastytrade is yet another online stock trading platform. A privately-owned company founded by the same individuals who started Thinkorswim, Tasty Trades got its start in 2017 and is headquartered in Chicago. US FINRA regulated the company and considers the platform safe. Options Action Tastytrade uniqueness is that it is primarily focused on trading options. While…
YieldStreet is a lending platform that connects investors with asset-based investments as an alternative to investing in the stock market. The target return is 8 – 15% with a 1 to 3-year duration. YieldStreet focuses on such investments as litigation finance, real estate, commercial finance, and consumer finance. Traditionally these types of investments have only…
Have you ever wondered about the money that you have in your pocket? How long does it last? How much of it is in circulation? What is the history of it? Money has been around for thousands of years as a form of currency and trade. Here are some interesting facts. The Lifespan of Money…