Are you getting the best rate of return on investment? Kiplinger's Personal Finance Magazine annually discusses ways to boost your investment yield in its latest issue. I have to say that I am always pretty disappointed with their recommendations. I love the magazine, but I didn't really care for a list of mutual funds and Exchange Traded Funds (ETFs). But, I wanted concrete ideas on how to earn a 10% annual rate of return on my investments. US Treasuries are earning less than 1% and money market funds are not fairing much better. Certificates … [Read more...] about The Ultimate Guide to Earning a 10% Rate of Return on Your Investments
Most contracts between landlords and tenants include clauses about breaking a lease. In many cases, it’s possible to break a lease, but it’s going to cost you a pretty penny to do so (unless you have a very generous, forgiving landlord and/or a lot of advance notice, allowing them to fill the home with new tenants prior to your departure). If you’ve considered breaking a lease, your first step should always be thoroughly reviewing your lease contract to see what penalties (financial, legal) may be involved. You should also read your state’s … [Read more...] about Should You Ever Break Your Home Lease Early?
Most investors know the value of diversifying their portfolios, but few investors have access to the same assortment of options that mega-wealthy investors pour money into, such as multi-million dollar real estate projects and structures. For instance, Real Estate Investment Trusts (REIT) are popular options for investors who have a high net worth because the long-term capital appreciation on the properties frequently outpaces other types of investments (and is generally less volatile than investing purely in stocks). Until recently, … [Read more...] about DiversyFund Review – Buy Shares of Multi-Family Real Estate
I saw a segment on the news recently that highlighted a family whose insurance company had canceled their renters' insurance policy. The family in question filed two claims against their policy over the holidays after burglars broke into their home before Christmas and again just before New Year's. As a result, their insurer dropped them. Of course, the timing was horrible, and the local media covered the story exhaustively. But I'm glad the insurance company canceled their policy, and you should be happy, too. Here's why: What are the … [Read more...] about
Are classic cars good investments? Is investing in a classic car the next big investing craze? If so, is it right for you? With TV shows about finding, fixing and flipping classic vehicles all the rage right now, it's no surprise that investors burned by the real estate crash who are looking for a new get-rich-quick scheme are finding this one. Investing in a classic car offers the lure of a hefty potential profit, with a far smaller outlay of capital than a house requires. But is it a good investment -- something you should consider to help … [Read more...] about
In the past, young adults were encouraged to buy a starter home before moving on to bigger and better homes for themselves and their growing families. Nowadays, it seems that starter homes are no longer than good investments they once were, due to a variety of factors ranging from rapid appreciation rates, consumer demand overwhelming supply, and changing family/mobility patterns among 20/30-somethings. Like many people, you likely grew up with the understanding that buying a home is an essential ingredient to achieving the American Dream … [Read more...] about Top 4 Reasons Why You Should Skip Buying a Starter Home
Money management has never been easier, thanks to the proliferation of AI-driven, hyper-efficient banking and investment platforms over the past few years. Whereas paying someone back used to take a few days and/or a physical meet-up, you can now instantly send money to anyone in the world. Unfortunately, many traditional banks have failed to keep up with consumers’ changing money management preferences and continue to charge for basic services like ATM withdrawals, account management, and money transfers. If you’re looking for a highly … [Read more...] about N26 Review – N26 App and Card Review