Gold and Diamond Jewelry is a bad investment. It’s such a simple statement, but many do not understand just how bad of a hit you are going to take when purchasing jewelry. The jewelry market is ten times worse than a used car dealer. Jewelry dealer’s job is to sell you something for literally at […]
Saving Money
Ownership of a House Without a Mortgage, and Why it is Stupid
Owning a home might be one of the worst investments you can possibly make in the foreseeable short-term, but not for all of the obvious reasons. I am going to talk about the most overlooked cost of ownership that people rarely realize. The opportunity cost of your equity. Let’s say you are a young couple […]
The Housing Market With Increasing Interest Rates
The housing market was slightly down, but relatively stagnate in 2011. The housing market has become increasing segmented, (meaning some areas are showing very small gains while others are still showing giant losses) and many people are wondering if now is the time to buy. My opinion? If you are looking at a house as […]
I Have to Make Money, Because I am Young
I have to make more money. What can I do for money? These are thoughts that I am constantly thinking, but why? Why are young people so hungry for cash? Are you like me, constantly thinking of ways to generate cash inflow? I have a couple of ideas why young people tend to be so […]
Borrowing Interest Free Funds to Invest in Stocks?
Zero (0%) Percentage Interest for 12 months. That is the finance offer I received today from one of my credit cards. Should I take out this money to invest in a higher rate of return? First off, this money really isn’t 0% because they charge a “2% transaction fee.” You know, because borrowing $1,000 costs […]
Be an Owner Occupied Duplex Owner to Live Mortgage Free?
The idea of buying an owner occupied duplex is simple, live in one unit and rent the other. Here in the Cincinnati, Ohio area it is very viable that you can cover your entire duplex mortgage payment in full (including taxes and insurance) from the income from your tenant. I myself am completely fascinated with […]