I chose real estate as the best investment vehicle for me because it offered the best solution to the problem that I was trying to solve in my life – insufficient income.  I realized that since I couldn’t increase my earning potential in my primary field of music, I needed to develop an alternative source, […]

… real estate value in America is generally denominated in dollars, which means that prices are, at least over the long term, tied to inflation.  Remember – the less the value of each dollar, the more dollars it takes to buy anything, including real estate. Real estate normally appreciates in price over the long term […]

The world of investing is vast. There is an endless span of opportunities from virtually risk-free investments (such as bank savings accounts and personal CDs) to hyper-aggressive and somewhat speculative hedge funds and commodities. I personally did not choose a career that earns a high income bracket, so bank savings accounts and personal CDs are […]

… I do not think that trying to save-up for retirement is a viable plan since it does not address the loss of buying power of the currency that is being saved. Understanding that fiat currency is inherently unstable and does not hold any intrinsic value leads me to conclude that currency should not be […]

Ask anyone on the street this question, “What is the difference between currency and money?” I bet you’ll discover that most people haven’t got a clue. This is not surprising because the subject is so out of the mainstream. Nevertheless, knowing the definition of these terms and developing a clear understanding of their differences has […]

From what I can tell, there are three basic reasons why people struggle financially. These reasons are lack of financial knowledge, fear, and entitlement. Individually, each one of these can seriously impact your financial well-being in a negative way, but should you experience all three at once, this will likely equate to a financial catastrophe […]