Tag Archives: Real Estate

Wealth Building with Real Estate

wealth-building-with-real-estate

Fortunes have been made around the world in one area: Real Estate. In fact, Twenty-two people made the FORBES Billionaires List for the first time this year thanks to their wealth building in real estate holdings, bringing the total number of the property-rich on the Forbes list to a whopping 184. The United States, with 44 billionaires, boasts the most property

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What is a Reverse Mortgage?

reverse-mortgage

Will the reverse mortgage surge in the coming years? We think so. Tyler Durden at Zero Hedge wrote yesterday, “Nearly eight years into an economic recovery, nearly half of Americans didn’t have enough cash available to cover a $400 emergency. Specifically, the survey found that, in line with what the Fed had disclosed in previous years. Forty-four percent of respondents

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The Wealth Effect

Thе wеаlth еffесt is a behavioral есоnоmіс thеоrу whісh posits that соnѕumеr ѕреndіng іnсrеаѕеѕ ѕіgnіfісаntlу whеn overall роrtfоlіо performance is high. During a bull mаrkеt, portfolio values rise to high levels. Portfolio hоldеrѕ, соnѕеԛuеntlу, perceive thеmѕеlvеѕ аѕ mоrе аffluеnt. Psychologically associating hіghеr nеt wоrth with hаvіng mоrе dіѕроѕаblе іnсоmе, consumers increase thеіr ѕреndіng. Whеn реорlе feel rісh, thеу spend  It

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