This “Real” Investment Provides $9,240 of Income

From time-to-time, I like to share real investments and their actual returns. I find this to be helpful because many investing examples are hypothetical and it is hard to “see” actual results. So in this article, I’m going to share an actual investment one of my clients recently made and the actual numbers. Hopefully, this…
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“The first ______________ is a bitch.”

Over the last year or so, I’ve been reading a few pages of Charlie Munger’s book, “Poor Charlie’s Almanack” every week. This is the type of book you take in a little at a time as you swirl the lessons around your life. As you hopefully know, Charlie Munger has been Warren Buffett’s partner for…
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The Number ONE Rule for Investing

Warren Buffett is famous for saying the number one rule for investing is to never lose money. He went on to say the 2nd rule for investing is to always remember the first rule. After thinking about Buffett’s rule for several years, I have come to realize he means to try and find investing opportunities…
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How To Get Others To Save a Million Dollars For You

This morning I was reading an interesting article on BusinessInsider.com about compound interest when saw this graph: (Click the picture to enlarge) This chart shows how much a person would have to save at various ages in order to accumulate $1,000,000 by the age of 65. Each monthly savings amount was calculated assuming you would…
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How to Become a Millionaire with ONE Single Family Home

The main idea of this site is to use dividend real estate to buy your financial freedom and retire early. You’re able to retire early with income from real estate because you’re not consuming the asset. The asset will continue to generate income each and every month for life as long as it is rented…
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