Archive | Uncategorized

So, What Is A Millennial, And Why Are We Different?

So, David Chen, a millennial who writes about millennials wrote me the other day, wanting to do a guest post here on some tips about investing for millennials. Everyone knows I’m a retired old geezer, so to humor me he wrote not one, but two posts, the first one answering the (to me, anyway) puzzling […]

Continue Reading ·
billy durant

Hiatus 4 Billy Durant

Time for a break. I will be taking a hiatus in order to finish a languishing project I started last year. It is a book, a semi-fictional account of an extended episode in the life of one of America’s most remarkable characters of a hundred years ago: Billy Durant. Billy didn’t have a big ego, […]

Continue Reading ·
one thing leads to another

One Things Leads To Another

Even if you are not a child of the eighties, you at least know the expression: one things leads to another. Here’s what you probably don’t know: it is true in matters of money, too. As we conclude the series on looking at buying your home as an investment and contemplate the next exciting adventure […]

Continue Reading ·
timing is everything

Timing Is Everything, Part 2

Timing is everything when you buy your first home, as we saw last week. If you already own the home you live in, you might be tempted to yawn, close the post and go looking for popcorn. Don’t. Millions of people who already own homes are making a terrible mistake today, as we speak. I […]

Continue Reading ·
timing is everything

Timing Is Everything (Part 1)

Timing is everything — you’ve no doubt heard that a time or two. It is especially true when you buy your home, and in two different ways: Your entry point, i.e. when you buy your first home When and how you trade up or down, should the need arise. This week we’ll talk about the […]

Continue Reading ·
transaction cost

Transaction Cost And Your Home As Investment

Two weeks ago I promised to introduce you to my good neighbor, Jim. When we bought the house we’re living in now (hey, I like to practice what I preach, what can I say?) we discovered the back fence has a gate leading to the two neighbors behind us. And it didn’t take long for […]

Continue Reading ·
taxes

Taxes: not what you think

The past two weeks you read about how leverage and inflation turns what is otherwise a pretty ordinary investment (your home) into a pretty good one. When you fire up your trusty search engine and scour the internet for wisdom about your home as an investment, you are likely to encounter another argument in favor […]

Continue Reading ·