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 ·
inflation

Inflation: The Deciding Factor

Last week you saw how pivotal (no pun intended) leverage is to the success of your investment in your home. Today we look at the second major factor: inflation. Everyone loves inflation, no matter what they say. The main reason? Inflation makes you feel richer. It usually increases your income, but most importantly, it pushes up the […]

Continue Reading ·
investing in your home

Investing In Your Home: The Critical Factor

Last week we began looking at the rent vs buy question in our series on investing in your home. We read about the price-rent ratio, and when it’s below something in the 200-300 range buying looks more attractive. Today we’re going to see if we can narrow it down to something you can use for […]

Continue Reading ·
buying a house

Rent vs Buy: How Do You Compare?

This should be simple, right? Add up the cost of renting and compare it with the cost of owning, and whichever comes out less, well, that’s what you do. Right. Just ask anyone who has spent more than the time it takes to sip that exotic concoction you get at that overpriced coffee place and they […]

Continue Reading ·
buying a house

Buying A House As Investment, Part 1

Last summer I wrote about our good friend Maria, who wanted to know how to start investing. So last weekend their family came to visit us to enjoy our (as you can see) lovely Denver weather. In between the fun and laughter, the conversation turned to investing, as you would expect. She says the advice […]

Continue Reading ·
lottery

What To Expect From Your Wealth (Part 2)

The inevitable result of successful financial management is wealth at some level. Most of those who have reached that point have discovered two things, though: Money by itself does not bring happiness. Rather than solve all your problems, wealth simply brings a new set. Now, not too many of us are going to be so […]

Continue Reading ·
lottery

What If You Won The Lottery?

You’ve heard about the recent billion lottery with three winning tickets, each worth half a billion dollars… right? Have you ever entertained the thought of being one of those winners (and it is an entertaining thought, let’s admit it)? The idea that a billion dollars (or a few million if you’re more modest) would be nice […]

Continue Reading ·