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What You Need to Know About Lending Money
You loan a neighbor a tool, but it's never returned. You loan a friend another tool, but it's returned broken. You loan a coworker a few bucks for lunch, but she forgets to pay you back. You cosign for your...
3 commentsThe Irreverent Guide to a House Flip: Inspecting the House
Okay, here’s the way it goes down. Let’s assume your realtor has found you a house in a good location and at a drastically reduced price. You want to buy it, but you’re still not sure if there’s any...
0 commentsWhat are Moderate Risk Investments
As you move up the ladder from low to high risk investments, your rate of return also rises, at least it should. This is where I have the bulk of my investment dollars because I consider the small risk...
0 commentsThe Value of Human Assets
All too often, we think of our assets in terms of money, houses, cars, computers, etc. However, these things only are a small part of your asset portfolio. Most of us have human assets that are more...
0 commentsThe Irreverent Guide to a House Flip 1
Let's assume you've stashed money aside and you're now ready to invest it. This is another turning point in managing your money. There are many ways to invest dollars. Some investments will be good for you,...
11 commentsLow Risk Investments Cont.: Treasury Bonds, Treasury Notes, Treasury Bills
Treasury bonds, notes, and bills are among the safest investments in that they are fully backed by the U.S. government. The downside to these investments is they will usually give you an...
0 commentsThe Irreverent Guide to a House Flip 2
Assuming you’ve allowed for the down payment and six months worth of mortgage payments, you will be ready for the next step. If you want to make money with the flip, you will want to pick the best...
0 commentsShould You Buy or Rent a Home
That question isn’t as easily answered as you might think. There are advantages and disadvantages to both. We’re going to examine what those are so you can make a wise decision based on your...
1 commentHow to Spread Your Investment Dollars
This time we’re going to take your little wad of cash and begin the process of deciding where to invest it. Investments with the least risk include: CDs Bank Accounts Money Market Accounts...
1 commentThe Irreverent Guide to a House Flip: Punch List 2
The old adage “Cleanliness is next to godliness” should be reworded to read “Cleanliness is next to dollarliness” when it comes to a construction job. Clean up after yourself and make...
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