by Jay Beattey | Aug 1, 2013 | Articles, Personal Finance, Wall Street, Wealth Building
Stock markets are at all-time highs – even as the economy remains stuck in neutral. That has even the Wall Streeters nervous – and they’re preaching “diversification” to their clients. But diversification will do little to protect an investor from an...
by Jay Beattey | Aug 1, 2013 | Articles, Personal Finance
In our last article Jack and Jill each had $100,000 of cash – and bought identical homes next door to one another. Jack paid cash for his, while Jill invested her cash and took out a mortgage to buy her home. Both homes appreciated to $110,000 one year later,...
by Jay Beattey | Aug 1, 2013 | Articles, Personal Finance
Let’s solve one of the great financial debates of all time. Does home equity generate a return on investment? Jack and Jill both have $100,000 of cash – and both decide to buy identical houses next door to one another – each priced at $100,000. Jack uses...
by Jay Beattey | Aug 1, 2013 | Articles, Personal Finance, Retirement, Wall Street, Wealth Building
If you’re old enough to remember the Great Depression – or “It’s a Wonderful Life,” then you know that banks haven’t always been the safest place to keep money. In fact, FDIC insurance came into existence after massive bank failures during the Great Depression....
by Jay Beattey | Jun 30, 2013 | Articles, Personal Finance
People are so concerned about taxes, that Forbes writer William Baldwin has penned a few articles on the subject. One of his latest is titled, “Eighteen Ways to Get Tax-Free Income.” Let me save you the trouble – here are his 18 ideas in bullet point fashion – more...
