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Tag: investment

Strategic wealth – How to start investing in real estate

Strategic wealth – How to start investing in real estate

Business
Strategic wealth - The hardest part of doing anything is the beginning. Like everything else, real estate investing is a risky endeavor and needs a strategic wealth planning. Taking time to think about what types of investments to pursue or how much to invest is critical before starting a real estate investment business. However, don’t let the analysis become paralyzing. Real estate, as an asset class, represents a much safer strategic wealth investment in most areas than stocks. Furthermore, an investor can directly affect the bottom line of his/her investment. Start Investing Today Now could be the best time to start investing in real estate, says strategic wealth expert. With the market already substantially off of its highs, the downside for new investors is fairly low. One o...
Tips on how to retire without running out of money

Tips on how to retire without running out of money

Finance
Whether one is contemplating retirement or already retired, the primary need for this stage of life is sustainable income. The challenges of rising medical expenses, inflation, taxes, and uncertain U.S. Social Security retirement benefits greatly complicate the equation. The key question for retirees changes from “Can I afford to retire?” to “Can I afford to stay retired?” Income Needs During Retirement Many people assume they will need less income in retirement than they did during their working years. Others are surprised to find they need the same amount of income or sometimes more to maintain their desired retirement lifestyle. Income needs during the early years of retirement are largely driven by leisure activities, such as travel. Later in retirement, the need for more, an...
Proven Basic Tips On Retirement Investment

Proven Basic Tips On Retirement Investment

Finance
In order to provide you with more info about this issue and to make you more knowledgeable in this sphere you should know traditional retirement investing options you can choose from. 1. Let’s start talking about stocks first. You have probably already heard that this is one of the most lucrative opportunities and you can make real money if you go this way. But at the same time it should be pointed out that this is also one of the most risky ways and not everyone will manage to succeed in this sphere. 2. As concerning the other available retirement investing option – bonds – it should be mentioned that this is a perfect choice for people who don’t like risky deals. But don’t forget that here lesser risk means lesser profits. 3. It is also impossible to omit mutual funds. Simpl...
Is Running a Rental Business Right for You?

Is Running a Rental Business Right for You?

Real Estate
You’ve been thinking of dipping your toes in the rental business for a while, but the idea of investing in real estate for the first time can be a bit daunting. And if you plan on being the landlord for said property, that can be even more intimidating. Alternatively, this can be a very rewarding gig or side gig—financial and otherwise. So is running a rental business right for you? Do You Enjoy Home Improvement? Sure, you can outsource work on your rental property but, again, keep in mind that’s more cash out the door. If you’re a DIYer and actually enjoy puttering around the yard and making improvements to the house, this could very well be a dream gig for you. And the thing is you need to do these tasks to get what’s called “sweat equity”. As Trent Hamm of The Simple Dollar no...
Common Tips To Avoid While Investing In Property

Common Tips To Avoid While Investing In Property

Real Estate
If you are a first-time property buyer, it is obvious you may make mistake and lose money while selling it. Below are some of the common practices seen among many property investors who have failed to make money. It is strictly advised to avoid such errors and buy a property with much planning as you will be investing your hard earned money into it. Purchasing wrong property Plan out your property purchase properly. Off-the-plan may turn to be risky. You may land up paying more and when time comes to settle after few years, the bank may value it less comparatively. You thereafter may lose your deposit. Ignoring fineprint Don't ignore the fineprints. You may land up buying a cheaper flat that is owned by a company and at the disposing time you may find hard to sell. You may ...