What if you received a $100,000 gift? What would you do with it? What would you buy? What would you pay off? These are the questions that Jade asked of me in a comment.
HI I wanted to see if any of you financially wise people could give me some advice.
My relatives have been talking about [...]
There seems to be no end to people who will tell you that Real Estate is the best investment a person can make. Recently, those people meant that in a “flipper” kind of way. Buy low, renovate cheap, and sell really, really high. At the time, real estate was gaining value at ridiculous rates. Sometimes [...]
Passive income comes in many forms. Each and everyone of them has it’s own risks, methods, and rewards.
One such method, one that most people will be familiar with is Dividends. Usually coming in the form of stocks that pay dividends. While many stocks pay a dividend yield of 2-10%, there are [...]
I’ve been a member of Prosper for quite some time. I was actually a beta tester for the site. I’ve put up a few borrowing listings since which haven’t been funded. A mix of poor credit at the time and inexperience.
But now, I’ve deposited a little money into my Prosper account and won my first [...]
Income is great. Without it, we wouldn’t have any money to spend on the things we need. Like housing, transportation, food, iPods. Well, maybe not iPods.
Unfortunately, most of us make our income the old fashioned way. We earn it. We go to work every day and work our 8,9,10 or more hours and at the [...]
Money magazine put out a article called 25 rules to grow rich by. There are some great tips in there, but a few stuck out to me.
7. To figure out what percentage of your money should be in stocks, subtract your age from 120.
I think that it’s important to realize that this number has gotten [...]
Investor Dictionary defines Passive Income as follows:
There are three types of income - earned, portfolio and passive income. Most types of passive income are derived from real estate/property, while other types of passive income are derived from royalties from patents or license agreements.
An income stream falling into this category, is one where money is received [...]
I’ve been a member of Prosper very nearly since Day 1. I was a beta tester of the product so maybe it was more like Day -53? In any case, I opened a group on Prosper almost as soon as it was allowed but never managed to get many members. And what members I did [...]
CnnMoney runs a column called Millionaires in the making. Each time it’s published, they spotlight a new couple that are on the right track to becoming millionaires. For example, this time around the couple is The Johnsons.
I truly despise these articles. Each and everyone of the couples that they spotlight usually make [...]
I recently finished reading Todd Lipscomb’s “Achieving Prosperity“.
The advice and methods that Todd gives in the book are quite good. He tries to keep everything simple and remind the reader many times over that the only tried and true way to becoming prosperous is by long term ethical investment. As many get quick books as [...]
