Posts on personal wealth plan, wealthy habits, how to calculate net worth, personal finance tips, behavioral finance, how to rewire your brain for financial success.
Every day more investors are using alternative assets to generate income in retirement for a variety of valid reasons. Small business and real estate are among the most popular alternative investments now given the opportunities and ease of entry for each of these assets. There are many types of small businesses and many types of …
Owning a Business Vs Real Estate | What I Learned from Each Read More »
Last week as I picked an abundant fig harvest, I couldn’t help but think about how much my fig harvest parallels the wealth building fundamentals I’ve learned (many the hard way!) from investing in dozens of different assets and strategies over the past few decades as a personal investor. These wealth building fundamentals are …
Wealth Building Fundamentals Inspired by My Abundant Fig Harvest Read More »
Does everything you need to know about investing really fit onto one side of a cocktail napkin as touted by more than one wildly famous financial author? Well, the answer depends on: Your personal wealth plan How long you have to save and invest Your net worth How much money you need to retire …
Beginner To Advanced Investing Strategies | What’s Best for You? Read More »
Wealth building and income generation are the two primary investment objectives. As such, these factors are the starting point for selecting investments. Is it better to focus on wealth building vs. income as a primary objective? Wealth building is typically the main objective until enough wealth has been accumulated to provide for a comfortable retirement. …
The foundation for building wealth is knowing your net worth. If you’re not sure how to calculate net worth, you’ll simply list everything that you own, subtract everything you owe, and the difference is your net worth. There are many apps and online net worth calculators. Call me a nerd, but I still like to …
Net worth tracks your wealth building progress so it’s important that your net worth be calculated accurately. Often there is confusion how home values affect net worth. Does your net worth include your home? It should include the current value of your home less any amount of debt you have on your home. There are …
Very deep down have you ever thought that you may cause your own financial problems? If you’re wondering how to rewire your brain for success, the steps are to own the current problem, identify the source of the problem, resolve your feelings about the problem, and choose to no longer live from the past. In …
How to Rewire Your Brain for Success – The Missing Step Read More »
