The United States Is the LARGEST Debtor in the History of the WORLD!
The debt of the United States can only be measured in astronomical numbers. Billions and trillions of dollars could just as easily be “light years” to the average American. Most Americans have delegated all control and concern for this debt to government officials (both elected and unelected.) However, the fact is that the massive debt of the country has a direct affect on the personal finances of every individual and every business.Residual Based Income
The easiest way that residual based income can be described is that you do the work once and then you get paid for that work over and over again. It is like your boss paying you for your work last Tuesday, next week and the week after that and the month after that and next year as well. This would be fantastic.Is Asset Allocation Dead?
You have heard over and over again that asset allocation or diversification is dead. Some people even call it de-worsification. But is it really?Current Inflation Rate Misinformation
The current inflation rate is an up to date measurement of how fast the money supply is growing. This is extremely important for all members of our society. The greater the current rate of inflation is, the faster our currency is devalued.Wealth: What It Means
A philosophical and psychological understanding of economics. The history of economics. The economics of ancient societies.Passive Residual Income – 5 Reasons You Should Get One
Having a passive income gives so many benefits! Earning money without working opens up a lot of possibilities. You have great freedom compared to someone who does not have a passive income. Here are the reasons why you should have one!Do You Know What You Own and Why You Own It?
The first serious question I ask new or prospective clients is “Do you know what you own and why you own it?” Most people are surprised by my question; unfortunately, almost no one is able to answer it accurately.Wealth Creation and Prosperity – What Are Riches?
“Had I but plenty of money, money enough to spare,” wrote Robert Browning. And money is the greatest attribute of riches. A universal desire, money is the materialization of riches, the stuff that makes the rest possible.Don’t Raise The Debt Ceiling, Ever
Regardless of the wheeling and dealing that’s been going on for weeks in the hallowed halls of Washington, there is no good reason to raise the federal government’s debt ceiling. Ever.Georgia On My Mind: For Redeemable Tax Deeds
Even though Georgia is a redeemable tax deed state, the redeemable deeds in Georgia are much like tax liens, with one big difference that means more money in your pocket. If that isn’t enough to make you think about investing in Georgia, here’s another benefit: The redemption period is only one year, not 2 or 3 years as it is in a lot of tax lien states.For Optimum Asset Allocation, Your Investments Must Meet Your Goals
There is only one investment strategy that works every time: Buy low, sell high. Even though it is often given as “tongue-in-cheek” advice, the common sense of the statement is undeniable – yet millions of people do just the opposite. They jump on the bandwagon of a high-flying stock, and they get out of Dodge when a stock’s price has been tumbling for a while.The Science of Getting Rich
Thought is an energy that moves formless substance, unbridled potential, and fashions it in the world of form. The individual creates the world of experience by the thoughts he or she holds in his or her mind. Thinking in a certain way, controlling creative thought, is the key to riches; the key to achieving or experiencing anything and everything in life.Gold Prices Rise As Demand for Gold Increases
Many of the reasons people find for allocating their assets is due to gold’s independence and unique relationship with currency, especially the US Dollar. Investment Research Manager at the World Gold Council said in an article by Gold Investing News, “It is not a single characteristic, but a combination of many factors that combined provides this uniqueness. Gold should be viewed as a separate distinct asset class which is a foundation to a well-diversified portfolio; as for those investors who are seeking to achieve true diversification, gold provides benefits that cannot be replicated by investing in a broad basket of commodities alone.”Gold Prices Soar in Popularity
Buying gold coins is a popular pastime nowadays among many people – gold investors and coin collectors from around the world. People have taken to gold for thousands of years and considered it symbolic of power, royalty, wealth, prosperity, luck, and in some cases, even divinity. The power of gold has transcended time and cultures and become a fixture in modern day global finance, where it plays a large and quite visible role.Can I Invest In Tax Liens With Money From My Retirement Account?
Here’s a question that I get often; “Can I invest in tax lien certificates or tax deeds with money from my retirement account?” The answer to this question is yes, if you have a self-directed IRA or solo 401(k).