One of the most common paths to building wealth is through homeownership. However, when there isn’t a level playing field for all people to buy a home, then there’s a problem. This article looks at mortgage interest rates by race to see if there are any differences. Below is a chart highlighting mortgage rates by […]
Mortgage Interest Rates By Race: The Differences Are Significant Read More »
Are you wondering: Is an MBA a big waste of time and money? With the cost of MBA tuition going way up and missing out on two years worth of work, getting an MBA is more expensive than ever before. I got my MBA from UC Berkeley in 2006, but I did so part-time over
Is An MBA A Big Waste Of Time And Money? Read More »
Stock market volatility is why I prefer investing in real estate over stocks. When the value of a stock can lose 30%+ of its value over night, it’s really gut wrenching, especially if you have a big position. Every so often, the stock market will take a dive when you least expect it. When we
What To Do When Stock Market Volatility Returns Read More »
Let’s take a look at the historical stock market performance under Democratic and Republican presidents. The annualized S&P 500 return by president is remarkably consistent over time. But before diving into the data, take a guess: under which party do you think the S&P 500 has performed best? From there, we can compare the facts
Stock Market Performance Under A Democratic Or Republican President Read More »
When you incorporate a business, it’s like you have created a person out of thin air. That business is considered a separate legal entity from the shareholders who own the business. Therefore, piercing the corporate veil by mixing personal expenses with business expenses is highly discouraged. In the case of a small business, it’s usually
What Is Piercing The Corporate Veil? Read More »
I was playing tennis with a friend who happens to be a partner at a large mutual fund company. During warmups, we got to talking about what is the right amount of money to leave our children. I told him the right amount of money to leave our children is enough so that they’ll never
The Right Amount Of Money To Give And Leave Our Children Read More »
A golden opportunity to buy real estate during the pandemic is upon us. With mortgage rates falling to near all-time lows, the S&P 500 at all-time highs, and a lot of people still fearful, chances are higher you can get a better real estate deal. Everyone is spending more time at home now. Therefore, the
A Golden Opportunity To Buy Real Estate Is Upon Us Read More »
After deep deliberation, I decided to pass on buying the $550,000 Mercedes G650 Maybach. It just felt like too much to spend on a family car when I could invest the money and earn $20,000 a year in passive income forever! Instead, I bought a family car for safety first. What type of family car did
Safety First: Finally Bought A Family Car And It’s Not A Minivan Read More »
For the longest time, I’ve been a proponent of the adjustable rate mortgage (ARM). Paying a higher rate for a longer duration than necessary doesn’t make economic sense. However, when the average 30-year fixed mortgage was under 3% in 2021, I no longer was as biased against 30-year fixed-rate mortgages. A sub-3% average 30-year fixed
Average 30-Year Fixed Mortgage Rate At Record Low: Who Is Buying? Read More »
The cheapest way to invest in real estate is through my spray and pray methodology. Since time is more valuable than money, the spray and pray method will save you a lot of time. It will also increase your chances of finding a willing seller at a great price. When it comes to real estate,
The Cheapest Way To Invest In Real Estate: Spray And Pray Read More »
