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
Read more
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
Read more
Are you tired of trusting the jigsaw puzzle of Wall Street with all of your retirement savings? Yields are low. You are forced to go after capital appreciation in an overvalued market like a cat sneaks up on a mouse. Did you know you can invest your retirement funds in some alternative ways that don’t include the stock market? Wall
Read more
Imagine retiring and then finding out that you don’t quite have enough to last all the way through. You have as much saved up as you planned, but you don’t seem to have as much buying power as you thought. What happened? Inflation is the gradual increase in prices and the decrease in the value of money. What used to
Read more
Thе “wеаlth еffесt” is a behavioral есоnоmіс thеоrу where соnѕumеr ѕреndіng іnсrеаѕеѕ ѕіgnіfісаntlу whеn overall asset and/or investment роrtfоlіо performance is high.
Read more
The old advice of bond ownership during retirement is being turned on its head. The upcoming interest rate debacle is set to make those bonds a major drag on your retirement account. The Bank of Japan has been on an unprecedented purchasing program of Bonds. So much so that now when it is considering changing the asset purchase strategy, we
Read more
Mortgage loan – A mortgage loan, also referred to as a mortgage, is used by purchasers of real property to raise funds to buy real estate; – wikipedia If you own your own home you may not even think of your mortgage as debt. You may even believe that the house is really yours. Well, it’s not until you pay off
Read more
The One Percent love Real Estate. Houses provide shelter, warmth and pride of ownership. It’s a big part of the American dream. First, let’s define the word: Real estate is ‘property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also)
Read more