Archive for July, 2011
Renting Versus Owning Your Home
In my last post, “How Much is Your Home Really Costing You,” I suggested that, for some people, owning a home may cost so much that they should consider selling it to either buy a less costly home or rent a home. I got a question about what factors should be considered when evaluating whether […]
How Much is Your Home Really Costing You?
I discussed in my last post, “The First Rule of Real Estate Investing,” that your personal residence is not an investment. Your home should be considered a consumer item just like your car, your washer & dryer, or anything else you buy for personal use. The reason I state this is because of all the […]
The First Rule of Real Estate Investing
Most Americans have thought of their personal residence as an investment. And, despite the housing crash that resulted from the recent housing bubble, many people still think of their home as an investment. The first rule of real estate investing is: your home is not an investment.
The 4 Percent Rule
Before discussing real estate investments or retirement portfolio income withdrawal strategies, I need to go over the 4% rule. I have briefly mentioned the 4% rule in previous posts, but in future posts this rule will be central to many topics. It is very important to understand this simple concept.
Should I Invest in Gold?
The last several blog posts have been about ideas and concepts regarding how to intelligently and simply invest in the financial markets. I thought I would take a break from talking about the financial markets and spend some time discussing alternative investments (i.e., besides stock and fixed income investments). One question I have heard a […]