In 2020, many investors are taking their money down to the Dallas-Fort Worth area. Not only is the population of the metroplex growing, but the economy is booming and rent prices have not yet caught up. It's one of the top cities to travel to with a large art district and plenty of professional sporting franchises. If investors bring their money down to North Texas, they for sure will see a great … [Read more...]

As the media storm of Kanye West running for president has come to a close, it's clear that he was not fully fit for office. Although, it does appear that Kanye knows more about politics than previously expected. While his talking points may seem outlandish on the surface, the true meaning behind them may be relevant. West wants our society to focus on innovation and economic development to allow … [Read more...]

May MacCarthy, the author of the best selling book "The Path to Wealth," has offered a guide on how to not only become successful in the boardroom, but also in every aspect of life. Her teachings include reading inspiring material, writing letters of thanks, and choosing your words carefully to convey your emotions. She says always to imagine the positive aspects of life and business. Also, … [Read more...]

It is reasonable to think that, given the economic uncertainty, we should be building up savings and rainy-day funds. However, economic wisdom also tells us that the times of crisis are good times to invest. This was true in the times of every economic recession, because they are always followed by economic booms. Whether you invest or not is the decision that should be made taking into account … [Read more...]

Trick or treating has long been something children do each and every Halloween. The act of trick or treating might not treat them about trading, but the trading of the candy that they do with friends and siblings just might. When children are trading candy, there is negotiations and coercion. Just like there would be in a real trade situation. If you try to give up a certain piece of candy that … [Read more...]

For many of us, wealth building is a path leading to financial independence and freedom, satisfying retirement and a chance to pursue different interests in life. Many experts talk about end goals, but there is not enough of focus on how to get there. The order of your financial moves is very important and missteps can prove to be costly mistakes. The game is often a trade off between the risk you … [Read more...]

Earning and saving money is difficult enough, but protecting the value of that money is an even bigger challenge. At the end of the day it is not about the money you made, but the money that you get to keep. One of the most important strategies in wealth preservation is tax management. By using different approaches, significant tax savings and tax deferrals can be achieved. If you have a business, … [Read more...]

The coronavirus pandemic has shed light on the fragility of the economy, and many people are looking to become financially independent by starting their own business. Before entrepreneurs get too deep, they figure out if their business idea will help solve an existing problem. Some common new business ventures include creating digital products, growing a brand, selling online products, and more. … [Read more...]

Today Lane from the simple passive casual podcast talks to us about how we can re-roll our retirement account into a self directed IRA. This is a method where we are able to have a retirement account that allows us to have assets so we can still invest in other things. We want to not only be set up for retirement but have our assets make money for us. We can be better set up for the future. Key … [Read more...]

It is important to develop a plan for your financial freedom that is based on a framework, principles and tactics that are repeatable. Financial empowerment will come once you develop a concrete framework that is repeatable. The wealth pyramid a framework that helps individuals map a plan to achieve financial empowerment. It requires you to prepare for internal risks, external risks and build … [Read more...]