Investor Peter Lynch has been quoted as saying: “Never invest in any idea you can’t illustrate with a crayon.” Read more!
Before I begin, let me share with you the same disclaimer I share whenever I talk about taxation and other legal issues: I am not a CPA and I am not a lawyer. Anything I tell you here should be verified by your CPA or lawyer before you put it into practice. I just want to share with you what I have been told and what has worked for me. Okay? Read more!
While most folks know me as “the Real Estate investment guy” (a reputation that I have worked hard to earn) I know that there are a lot of ways to make money out there. Read more!
What role do you think banks and other financial institutions should play in the modern economy? Have a look at this comment from a news article posted a few months ago to www.telegraph.co.uk: Read more!
A few months back, I posted a controversial video on this website titled “College Education is a Defensive Mechanism”. You can watch the video and leave me your thoughts in the comment section by clicking here. Read more!
In my time as a mentor and financial coach, I have seen that many investors never reach the level of success and wealth that they hope to. While unfulfilled expectations might be the result of any number of factors, I think that all too often folks fail because of a failure to streamline their business and to plan ahead. Read more!
On my blog, you have heard me talk quite a bit about tax delinquent property. In fact, it was only after learning about how counties collect delinquent property taxes that I really got excited about real estate investing. I couldn’t believe that some people would let their properties go for nonpayment of taxes, and neither could I believe the investment opportunities that tax sales presented. Read more!
Warren Buffet’s longtime business partner Charlie Munger once said: “To the man with a hammer, every problem tends to look pretty much like a nail.” What he meant was this: we are often trained to view the world a certain way, even if that viewpoint doesn’t make any sense in a certain situation. Read more!
In a previous blog post, I talked about being different, applying that thought specifically to the investment strategies that protected me during the recession that began in 2007. But being different and standing out from the crowd shouldn’t just be applied to making smart investments – being different is the key to finding real success in life. Read more!