The New Way to Buy Real Estate

In my day, we went out and reviewed a hundred properties just to close one deal. It took weeks, even months, but this was one of the best teaching tools I could have encountered. By looking at all those deals, I learned to narrow down exactly what I was looking for and what I was willing to pay when it came to a real estate property. One of my employees came in a few months ago, all excited because she’d…

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The Financial Genius of Amazon.com

In July of 2016, I wrote an article called “Spend It If You Got It”. In the article, I detailed a crucial truth about how money works in our new economy. In an economy where almost everything is built to take your money, saving it is of little value. From inflation to taxes to hidden fees in your 401(k), the system is stacked against you. In today’s economy, spenders are winners. By this I mean people who know how to…

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Is Pet Insurance Worth the Cost?

Two years ago, Elizabeth Newsom-Stewart’s cat Fawkes ate part of a lily plant leaf. Newsom-Stewart, then a veterinary student at Cornell University, immediately knew the danger he was in, and rushed him to an animal hospital. “Some lily plants are toxic to cats” she says, and may cause kidney failure. “Symptoms can take 12 to 24 hours to show. By the time kidney failure occurs, it’s almost always fatal.” Emergency treatment, which included three days in intensive care, medication, tests,…

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Fake News Could Worsen Financial Illiteracy

Many people have enough problems figuring out where to invest, how to avoid fees, whether to refinance mortgages and a slew of other money topics without fake financial news adding to the mix. Yet the trend toward inaccurate or slanted personal-finance reports could make things worse. A new survey by an accounting group suggests that deliberately false or misleading news articles have the potential to impair Americans’ ability to make wise decisions in investments, retirement planning and other areas. “Having accurate, reliable financial…

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Giving Up Avocado Toast Won't Bring You Financial Freedom

Nitpicking your expenses doesn’t lead to financial freedom; it’s growing your income and investing your money that will. Last month, Australian millionaire Tim Gurner suggested that young people couldn’t afford their houses because of…get this…avocado toast. This is the same kind of advice that’s in line with “don’t buy expensive coffee”, and “never go on vacation”. Now we’re not against saving money, but this mindset is all wrong: Crunching The Numbers Mr. Gurner says: “When I was trying to buy…

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High School Dropout Who Invested in Bitcoin is now a Millionaire at 18

Three years ago Erik Finman made a bet with his parents. He had just dropped out of high school, finding it a waste of time, and was being taught at home. If he was a millionaire by the time he turned 18, his parents said, they would not force him to go to university. Last week Mr Finman declared victory. “I won the million dollar bet I had with my parents!” he announced on Tuesday. “Grateful to all the friends, family,…

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Prominent Venture Capitalist Shares Bitcoin, Ethereum Investment Tips

Prominent venture capitalist and investment firm co-founder Fred Wilson shares investment tips for Bitcoin and Ethereum traders in a blog post entitled “The Selloff.” His investment firm Union Square Ventures is based in New York. Rollercoaster Since the beginning of January, the cryptocurrency market and leading cryptocurrencies such as Bitcoin and Ethereum have experienced corrections. Some market corrections saw Bitcoin and Ethereum falling by as much as 30 percent, although the two cryptocurrencies recovered relatively quickly after their initial decline. In a blog post,…

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Why Ant Financial's IPO Is Hugely Anticipated

While Alibaba remains the largest IPO ever, Ant Financial Services Group—a spin-off from Alibaba Group—is emerging as a top pre-IPO technology company. Ant Financial has an estimated business value of $75 billion and has been recently taken the top slot among leading global fintech innovators from around the world for 2016. Here’s why Ant Financial is one of the most anticipated IPOs. Alipay was established in 2004 by Alibaba Group to be the central element of its internet finance ecosystem. However, to comply with regulations issued in…

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Dining Out Is Just About the Worst Thing You Can Do to Your Finances

One of the most common pieces of advice you’ll get from personal finance experts is to eat out less. By cooking at home, you almost always manage to spend less money on food (not to mention eat healthier). But a new study not only confirms that eating out is bad for your finances, but suggests that eating out is among the worst things you can do for your personal financial health. “What we saw consistently throughout the study was that…

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Bitcoin Currency Of Choice For Scams And Kidnappings in India

An Indian Bitcoin investor who lost his money in a scam has allegedly kidnapped a trader and demanded Bitcoin ransom as revenge. According to the local news source Indian Express, a man by the name of Deepak, currently in police custody, kidnapped Banur trader Ashu Jain after accruing debts of around six mln rupees. Having purchased Bitcoins he never received, as well as building up stock market debts, Deepak and a crew of accomplices demanded payment in the virtual currency for Jain’s safe…

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