Estate Planning in the Digital Age: Protecting Your Online Assets
By Tim McMahon |
The absolute best place to invest!
By Todd Williams If you ever thought for a moment that the stock market is a confusing place, you are absolutely correct! Understanding the market is like trying to predict which way the wind will blow two days from today on the planet Pluto! The reason why it is difficult to predict which way the […]
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The Story of a Father and Son
Although I didn’t write this, and don’t know who did, it is a great story that I’d like to share with you. Tim McMahon, editor A wealthy man and his son loved to collect rare works of art. They had everything in their collection, from Picasso to Raphael. They would often sit together and […]
Read MoreHow to Download Net Worth Spreadsheet
It is extremely helpful for individuals to know how much their total net worth is and how much you can expect it to grow (or shrink) based on your current income and expenses.
Read MoreThe importance of Mortgage Pre-Qualification
You might want to consider getting a basic idea of your own regarding how much you can afford before you make an appointment to see a lender. One general rule of thumb states that you can afford a home that is worth twice your annual income. In some cases, this may not be entirely accurate, however…
Read MoreBook Reviews
Reviews of Empower Yourself! How to Achieve Unlimited Success and Make Your Kid a Millionaire: 11 Easy Ways Anyone Can Secure a Child’s Financial Future
Read MoreWhat to Ask Before Signing for a Mortgage
Many homebuyers, especially first time homebuyers, are so excited and nervous at the prospect of purchasing a home that they sit in the lender’s office, glance over a ton of official looking paperwork, sign on the bottom line and never really give any consideration to what they should be asking the lender before they make that all important final step in the mortgage process.
Read MoreEmpower Yourself!
Can you Change Your Mind and Harness the power of your brain to Develop Unshakable Confidence, Tap into your hidden talents, create “instant Rapport” with strangers, eliminate procrastination, get more done with less effort?
Ralph Waldo Emerson said it this way, “Your own mind is a sacred enclosure into which nothing harmful can enter except by your promotion.” Or in other words, you are in control of your thoughts! You can change them if you know how!
Read MoreThe Wealthy Buy Assets, the Poor Buy Liabilities, and the Middle Class Buy Liabilities Believing They Are Assets
An asset puts money into your pocket while a liability takes money out of your pocket. Sounds simple enough but the wealthy know something the middle class do not.
Read MoreWhy Would Anyone Pay $450 for a Black Credit Card?
In these tough economic times, it seems almost inconceivable that anyone would actually pay $450 a year for a “Black” Credit Card. After all you can get all kinds of cards for no annual fee! But…
Read MoreHelp! Our Mortgage Payment is Too High!
I recently heard about a couple that needs financial help. They are in the real estate business and not surprisingly due to the real estate crash, their income has dropped significantly in the last two years from $10,000 a month to $5,700!
Read MoreGive the Gift of Wealth
This Christmas instead of giving your children or grandchildren mindless video games, or strange looking dolls called “Brats”, why not give them something that will change their life for the better? I know that sounds a bit ambitious but in fact it is quite possible! As a matter of fact this kid’s game actually did […]
Read MoreHow to Invest Safely (and Profitably)
Divide your liquid assets into three categories: emergency funds, investable funds, and speculative funds.
Your emergency fund should be held in cash or cash-like investments… your emergency money should cover your expenses.
Your investable assets are those you shouldn’t need to touch for at least three to five years.