Are you a wealthy person who can afford to buy your next property in cash? Many wealthy people don’t actually need mortgage financing for real estate investment, but choose to take it out. Why do they do that? It’s because of the opportunity cost. Why cash out...
Investment
THE IMPORTANCE OF PLANNING FOR THE FUTURE WHEN IT COMES TO PERSONAL FINANCES
Planning for the future is something that not everyone wants to do. We understand that thinking about the future can sometimes be scary, and it might not be something you enjoy thinking about. However, that doesn’t mean that it isn’t important and doesn’t need to be...
WHERE CAN I SPEND BITCOINS?
Bitcoin is more than a currency. That means you can do multiple things with it, such as investing, trading, mining, sending, receiving, selling, buying, earning, online shopping, consulting, and accepting in business. Fiat currency is merely a medium of exchange, but...
INVESTMENT POSSIBILITIES OFF THE BEATEN TRACK
Mutual funds, bonds, stocks, and other assets are generally recommended by financial consultants, but there are a variety of innovative and diverse options accessible in the marketplace. Any profitable company idea requires thinking outside the box. When you live in a...
WEALTH MANAGEMENT: SEVEN REASONS TO INVEST IN A REAL ESTATE INVESTMENT TRUST (REIT)
A Real Estate Investment Trust (REIT) is a legal entity that invests in income-producing properties and distributes the proceeds among its unit holders. Some REITs invest in a specific type of asset, such as shopping malls or apartment buildings, while others prefer...
WEALTH-BUILDING: WHERE SHOULD YOU INVEST A SPARE $10,000?
Most people have a pretty firm grip on their finances; they virtually always know just how much cash they’ve got. Things are steady. But every now and again, you might find that you experience a windfall of cash that you were not expecting. Related: Inflation is...