Category Archives: Investing
Why Real Estate is a Good Investment Choice
Real estate allows an investor to control a valuable asset with only a small commitment. For investment purposes, an initial investment consists of a 20% down payment plus some closing costs. If you are buying a fixer, then your investment … Continue reading
Filed under Investing, Real Estate
How We Make Financial Decisions
Financial decision making is simply more tricky than it seems. When we make our decisions, they always seem rational at the time. In addition, economists mistakenly have looked for ways to justify our decisions as being rational. Obviously, this cannot … Continue reading
Virtues of Contrary Thinking
“When everyone thinks alike, everyone is likely to be wrong.” – Humphrey Neil Simply put, the best investors are contrary thinkers. It pays to be contrary. Investing with the trend only gets you caught up in financial manias and bubbles. … Continue reading
Filed under Investing
Tough Economic Times Call for More Liquidity
Liquidity is one of the most important factors when deciding on how to manage your financial assets. Tough economic times are usually temporary. During times like these, you should err on the side of caution and have plenty of liquid … Continue reading
Filed under Finance, Investing, Real Estate, Uncategorized
Hope and Gambling are not Strategies
Hope does not make for a great strategy, as any biography of Ben Franklin will remind us. But, many people do hope for such luck. This is reflected by the number of people who play the lottery, slot machines, or … Continue reading
Filed under Investing
The Reality of Wheelin’ and Dealin’
Making deals sounds fun and exiting, right? Not so fast. If you’re survival always depended on making deals, how stressed out would you be? Imagine you had a period of success. In fact, you had several months in which you … Continue reading
Things You Should Consider when Investing with Partners
Investing with a single partner or as a group is a challenging task. This will involve structuring the right entity as well as understanding the goals of every stakeholder. Having said that, investing as a group can be a success. … Continue reading
Filed under Investing, Real Estate
Leverage is Your Friend Given that the Finance Industry is Returning to Normal
A smaller down payment and a loan sounds threatening, right? Not necessarily, as you are going to discover. The last boom-and-bust cycle was unmatched in the history of residential real estate. Within a typical market, leveraging is an excellent thing, … Continue reading
Filed under Investing, Real Estate
Negotiating Strategy for Buying and Selling Real Estate
Negotiation is a critical element when purchasing a property. Most of the time, the negotiation process in asymmetric. In the current environment, this is not always the case because banks own a large portion of the properties. Therefore, they don’t … Continue reading
Filed under Investing, Real Estate
Financial Calculations that Every Business Owner and Investor Should Know
It’s obvious that not everyone is cut out for math. However, if you go into business, there are some important metrics that you should learn and understand well. Simple items that you should know include: your cost of goods, profit … Continue reading
