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Showing posts from November, 2015

Worst investing advice ever!

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The top ten worst investing advice ever. These days, everyone is an investor and thinks they know more than a thing or two about the market. There isn�t a class you can take in school on how to appropriately manage your finances or clear guidance on when to invest in a 401k, SMA, IRA, CD, ETF, IPO or use a CPA. It feels at times like you need an adviser for your financial adviser! Because of all this confusion around the acronyms of investing, there has been an embarrassing amount of misguided investment guidance to try to simplify investing to the everyday man. I�ve pulled out 10 of the worst pieces of advice I�ve seen on the internet for your amusement! It�s never a bad time to invest in gold : Gold is the most popular precious metal used as an investment. It�s always nice to be able to physically see your investment, like with a house or art since it feels tangible rather than numbers on a screen. But with this ownership means you also have to pay for storage and insurance. Even wor...

The Perpetual Money Generator

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The perpetual money generator in action What if I told you that there exists a machine that could generate never-ending wealth? Even as you grow older, this machine would continue spitting out more and more money. You could go on vacations, buy groceries, shop for new outfits, yet you�d still have enough money that you would never need to devote a moment worrying about these purchases. Most importantly, you would never need to worry about running out of money again. Talk about some peace of mind! Even though this machine sounds too good to be true, it does actually exist. Anyone can �buy� the machine and take advantage of it. Most retirements calculators assume that as you grow old, you�ll slowly but surely start to deplete your retirement savings. What if instead, you never depleted your retirement savings but they continue to grow, and grow, and grow? You would create generational wealth. Well then, where do I get it and how can I use it? With enough money invested, you too can have ...

Former military homes at Fort Lawton in Seattle�s Discovery Park stand to net developer over $10 million profit

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Home in Montana Circle In February 2015, the US Navy and a subsidiary of Cleveland-based Forest City Enterprises sold the historic homes at Fort Lawton for $10.5 million to Rise Properties Trust , a Canadian based firm that invests in Seattle area real estate. Fort Lawton, a collection of 26 homes spread across 14 buildings, sits in the Magnolia neighborhood in the middle of the scenic Discovery Park , Seattle�s largest park with 534 acres and boasting views of the Puget Sound and the Olympic and Cascade Mountains. The 26 homes sit in two distinct areas, one referred to as Montana Circle and the other as Officer�s Row. Homes in Montana Circle offer 2,000 sq. ft., while homes in Officer�s Row have 4,000 - 6,600 sq. ft. Montana Circle and Officer's Row in Discovery Park According to the Wall Street Journal , they anticipated bidding for the 26 homes to start at $15 million in 2012, with estimates ranging from $14 � $23 million. Ultimately, Rise Properties Trust snatched up the entire...

Imitation is the sincerest form of flattery

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Safeway is one of the largest American supermarket chains with revenue over $36 billion (2013) and 2,200 locations. Saveway, in the Pioneer Square neighborhood of Seattle, WA is not one of those many locations. The Saveway Market, not to be mistaken with Safeway, has only one location and specializes in groceries, alcohol, fried food, and other random things you would expect at a 7-11. Saveway Market on Yelp comes in at 4.5 stars, beating out most Safeway stores. In the US, at least business owners are sensible enough to modify the name slightly. In other countries, like the Dominican Republic, you can easily find several eager entrepreneurs establishing local branches of Walmart and Costco within a short distance of one another. The selection isn�t quite as big in the US, but the owners make up for it with personalized and attentive service. A Punta Cana Costco A collection of brand name stores along the beach The sprawling Punta Cana Walmart Apple encountered similar problems in Chi...

Can a pay raise be a bad thing? Absolutely� and here�s how to evaluate your raise.

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Every year, many employees receive a pay raise or a �merit� increase. Some are even so unlucky as to receive no raise at all. Receiving a raise at first glance appears to be a wonderful thing. You�re bringing home a bigger paycheck, allowing you to buy more of what you want, or to save more for retirement. What could possibly be bad about that? At closer inspection, a raise can actually be a bad thing. Imagine that your income is $40,000 per year and your living expenses are $30,000 per year, netting you $10,000 per year. Next year, you receive a 2% raise, increasing your income to $40,800. You can�t wait to receive that extra $800 each year. That�s a brand new TV right there! Before you get too excited, unfortunately there is a little problem with that measly 2% raise. Historical inflation tends to settle right around 3.32%. Inflation is the gradual increase in the price level of goods and services, meaning that over time, each dollar buys fewer goods and services. This means that the...