These days, good luck finding a home without an agent by your side.
The moment you visit Zillow, there will be 10 sneaking into your DMs within the next minute pestering you until you answer their questionnaire.
There’s no getting around the home buying process anymore in the dark.
In the past a.k.a pre-covid, for fun I used to glance around Redfin for deals and check out dream properties for fun.
I couldn’t be the only one and now I avoid it entirely!
Real estate agents might not be reliant, trustworthy or know their facts as much as they make…
Can you guess the top 1% net worth for a 20 year old?
That is equivalent to the top 20% income for an adult.
With more graduates taking on hefty loans with no guaranteed job after college, hearing that amount might sting.
How about this instead.
Did you know the average net worth for a 20 year old is -$40k?
So if you’re worth $0, you are technically above average.
Now I wouldn’t be impressed nor shoot for that amount for obvious reasons yet according to our fellow Americans, you are pretty well off as a 20 year old…
If you don’t know what and how to invest anymore, you’re not alone.
Younger investors are growing increasingly wary of the market as various indicators from quantitive easing to the real estate market are cooling off. With majority of companies in correction territory facing 10–20% declines, are we in the midst of a bubble that is about to burst?
Although the old adage states, “it’s as risky to not invest as it is to invest” in this case, building up your savings, investing in riskless assets such as CDs and treasuries might not be such a bad idea.
If the wealthy stopped underreporting their earnings and paid their dues to the IRS, every college student in the U.S. could go to their institution of choice for free.
This sounds like a fantasy to Americans but to Europeans and too much of the civilized world, it is guaranteed, along with other basics such as mandatory maternal/paternal leave, reasonable working hours, livable wages for the bottom 80% and most important of all, healthcare, the number one reason Americans go into debt.
The U.S. is known to be a leading example for the world on various levels through its…
You don’t have to be Musk or Cuban to push Bitcoin to an all-time high or get attention on CNBC.
All you need is a decent presence online, good timing and patience to make your mark on the markets.
Whatever your motive may be to sway these overheated, exuberant frothy markets in the direction you want, realize it doesn’t come easily or quickly.
As we’ve witnessed at the start of the year with the retail trading frenzy between Reddit gamblers on Robinhood betting on unprofitably high flying stocks such as AMC to GameStop against hedge funds, this herd was widely…
Buy and hold is a classic strategy that doesn’t disappoint.
It is part of a strategic passive investment thesis that is reliable, cost and time efficient and ultimately effective.
Day traders don’t know what they are missing out on.
The only major downside that most investors, specifically youngsters cannot fathom is having to adopt extended patience and diligence beyond one-day gains.
The more you monitor, tinker, whatever you want to call it with your investments, the less likely you are to earn more than what you started with. …
This is impossible to believe but the U.S. is the second most affordable country in the world.
Thanks to the pandemic, the average median home price in 2021 bumped up to $374,900. This is the largest jump in 11 years and a 16.3% rise from a year ago.
At this point it seems like the U.S. is becoming more expensive and unequal. If you follow the recommended guide of stashing no more than 30% of your net worth into your primary residence, with 20% down, ~$74k to dish out on a first time property is sadly unreasonable for most.
According to retirees, not fresh grads or Millennials ready to tackle the FIRE movement, retirement is in fact the scariest period of one’s existence.
As a college student, I can only say so much about retirement yet through my research, discussions with young and old retirees and planning for it myself (don’t judge), I’ve learned far too many things about this stage of life Americans are completely unaware about.
With no stable income, no definite plan, creeping inflation, costly grandkids, higher cost of living, medical costs, uncertainty, weakening brain cells, over exuberance, lack of patience, less responsiveness and less time…
As I enter the second half of my college career, I reflect on how fortunate I am to have been mentored by incredible leaders and memorable people from various industries with differing specialities.
From former colleagues to recent graduates, authors to heads at divisions, it hasn’t been easy keeping in touch with these folks to hear their words of wisdom. It takes practice, patience, confidence and dedication. Practically a full-time job in itself. Yet, I genuinely enjoy keeping in touch with my diversified network weekly since it is an insurance policy that money cannot buy.
FYI: This is something they…
Relying on someone for your income is a dangerous move that more often than not can lead to bankruptcy. Most divorces cause one partner to profit immensely off of the other since prenups aren’t widely considered.
Nothing lasts forever and nor should the expectation that your spouse or parent can provide for you. It’s the same deal with your job.
Whether you kept a steady career as a surgeon for the past 15 years or are a newly minted engineer at a hot overvalued startup, you are relying on someone at all times to provide you a living. …