I once read a study of students at Yale, they asked students if they set goals. 97% of the participants said no with the other 3% saying yes. A number of years later the people conducting the study went and interviewed all the students again.
The 3% that did set goals had a combined net worth [...]
Filed under: Personal Development
Now that you’ve got a handle on how important population is to the real estate market it is time to move on. And the next important market indicator is….
Employment Rates: If population can have effect it stands to reason that the employment rate will also be a factor. If there is a high unemployment [...]
Filed under: Due Diligence, Investments, Real Estate
This is may be considered a day early, but I’m just that excited. Often referred to as hump week, Wednesday is my favorite day of the week. Is it the fact that it marks the halfway point? Nope. Is it because I don’t have an evening class that day? Nope. Is it because its wing [...]
Filed under: Frugal
So I thought I would alternate between the real estate mini series and regular posts, just so you don’t get too tired of real estate. You should also note that the following post is fairly radical in thinking and is not completely applicable.
Often people talk about how the penny should be abolished. And there are [...]
Filed under: Misc.
This week is going to be devoted to real estate and more specifically analyzing real estate markets. It is always important to do your due diligence when investing money and real estate is no exception. The idea behind this mini-series is to help people grasp a stronger understanding of what indicators can help predict [...]
Filed under: Due Diligence, Investments, Real Estate
Here is a hilarious video about the credit crunch. Enjoy!
Filed under: Misc.
Here is what I found interesting this week:
Trader Blamed for 5 billion Euro fraud : I found out about this one from Lazy Man and Money, its an interesting and somewhat scary read
$10 million bill: If you thought the previous article was scary you may want to calm down before reading this one
The real [...]
Filed under: Articles
Financial freedom is the idea that you no longer need to work in order to maintain your desired lifestyle. Which means that all your expenses are covered by your cash flow, this income should be passive in one way or another. It needs to be passive so that the cash flow is not tied to [...]
Filed under: Investments, Retirement, Saving
People often talk about how much debt there in and how their financial position is so bad. What they don’t realize is that is actually two different kinds of debt, good debt and bad debt.
Good debt creates value for you, whether this is a financial figure or possibly personsel skills and knowledge. So student [...]
Today I was at the universities book store looking at the “required” text book for my International Economics course. Looking down at the different price tags I saw a giant $90 starring back at me, and boy was I disappointed. Just yesterday I had bought 2 other books, costing me $150 each. Spending $390 [...]