Owning a rental property in addition to your primary residence can be a way for you to build wealth, especially if you may be averse to investing in the stock market. Data released in 2017 shows that 47% of rentals were owned by individual investors. In theory, it seems to make sense. With a rental
If you want your nest egg to be robust when you’re ready to retire, you have to take care of it now. That means careful investing and saving. You can’t just go out there and wing it. Here are five things to consider as you build and manage your wealth. 1. Reduce your risk If
We all know somebody like Mitch, your mass-transit-riding, brown-bagging coworker who has toiled in accounting for as long as you can remember. Did you know he owns a vacation house at the beach? Or the McGillicuddy family, who live down the street in a house just like yours. Would you believe they didn’t have to
Many people argue it doesn’t matter how much money you make — it’s about how much you keep. And holding on to your cash requires experience, smart habits, and a bit of wisdom: “Without wisdom, gold is quickly lost by those who have it, but with wisdom, gold can be secured by those who have it