Last year when COVID-19 hit our shores, it shook up the markets in ways not seen since the Great Recession. As the country shut down, the stock market lost a third of its value. Millions of investors lost sleep as they saw their portfolios shattered. They followed Wall Street’s diversification strategy. Wasn’t diversification supposed to […]
You are here because you’re searching for a path – a financial path that will give you the freedom to dictate the terms of your financial future – including the ability to walk away from your day job if you so choose. Maybe some of you have felt the devastating economic effects of COVID and […]
As Baby Boomers retire in droves, many are downsizing their homes to reduce their expenses to free up money to enjoy things like traveling, recreational activities, and spending time with family. Many are moving into manufactured homes, apartments and other affordable options. With 2020 in the rearview mirror and the pandemic has altered our […]
After a year of lockdowns and with the widespread rollout of COVID-19 vaccines accelerating, people around the world are anxious to break away from their confines. But it won’t be the typical tourist traps and urban centers people will be flocking to. With social distancing now ingrained in our psyches, people will seek places offering […]
As the rollout of COVID-19 vaccines is accelerated, we can finally begin the return to normalcy – in business, social situations, school, and travel. Life will never be the same post-COVID, but what can we expect to see in the travel industry in 2021? Any emerging trends we should be aware of? After a year of lockdowns […]
Following the masses is a dangerous investment strategy. In the field of behavioral finance, there’s a term for this phenomenon – herd mentality bias. Herd mentality bias refers to investors’ tendency to follow what other investors are doing. The problem with herd mentality bias is investors’ investing choices are driven by emotion and instinct instead […]
Belize is an attractive destination for foreigners looking to acquire a vacation home or investment property. For one, there are no restrictions on foreigners owning property in Belize as they have the same property rights as Belizean citizens. There are also significant tax benefits to owning real estate in Belize. For instance, there are no capital gains taxes. Any […]
Bitcoin has been on a tear recently. Currently trading at $38,319.59 it has almost quadrupled in price since September of last year. Not coincidentally, the Dow is also trading at all-time highs. To me, it looks like a severe case of fear of missing out, with stock and crypto prices skyrocketing for no apparent underlying economic […]
It is 1989… You just graduated from college and you’re off to London to study abroad for a year. You inherited $20,089 from your grandma, which you plan on using to buy a new BMW 325i when you get back. You know the exact one you want, but it’s gonna have to wait as you spend the […]
“If you want to lift yourself up, lift up someone else.” – Booker T. Washington My family and I recently volunteered at a local soup kitchen and before we started our shift, the homeless center’s Director took all the volunteers aside to give us some advice. He told us the greatest act that […]
