According to many, the state of the US economy is good. In fact, we’re likely to see an increasing Fed funds rate over the coming months as the Federal Reserve looks to contain potential inflation. But despite that optimism, I see a number of factors that have the potential to negatively impact the US economy […]
Investing
Retirement Pitfalls to Avoid
Are you prepared to navigate the maze of retirement pitfalls that you may encounter along your road to financial independence and early retirement? I understand that everyone wants to retire by the age of 35. But realistically, for many (or most) people, that is not an option. If you start working at the age of 25 […]
Real Estate Investment Opportunity
For some time now, I have been looking at how to diversify my portfolio with an increased real estate investment allocation. And just a few days ago, I wrote an article questioning whether to use your IRA to buy real estate. At the time I wrote the article about using your IRA to buy real estate, […]
Use Your IRA to Buy Real Estate
As a good Financial Slacker, I have been diligently putting money into 401Ks for years. And when I changed jobs, I rolled those 401Ks into IRAs. After years of regular automatic contributions, I have accumulated a substantial amount in these pretax accounts. Currently, these pre-tax accounts are primarily invested in mutual funds with a small […]
Become Your Own Portfolio Manager
The idea of investing freaks me out. So why did I decide to start self-managing my investment portfolio and why should you become your own portfolio manager? In my day job, I have literally managed billions in capital for large companies. I have acquired businesses spending millions of dollars in the process. I have been responsible for […]
Learn to Read Financial Statements
I earned my MBA over 20 years ago. I specialized in finance but when I started the program, I knew very little about finance in that I had an electrical engineering undergraduate degree and went straight through from undergraduate to business school. There were a few other folks in my MBA class that had gone […]