The consequences of 2008 have put housing out of reach for most Americans. Because of the overwhelming recklessness of sub-prime lending, banks have raised requirements so that applicants for mortgages today have mostly a 760 credit score or higher, in order to get approved.
While the average person is gasping for air, trying to find comfort in the fact that he even has a steady job and is able to provide for his family, the wealthy are clueless as to how to make their excess funds work for them.
In 2019, every 3-4 days, one central bank somewhere around this spinning planet was cutting interest rates on its government bonds. Investors genuinely realized this passing year that the Federal Reserve was too early to tighten and is now too late to ease.
More than any specific tactic or “investing hack,” building wealth is a function of your frame of mind: how you envision your investments and take them from potential to fruition. At its core, the billionaire mindset is all about seeking and finding opportunities where others just can’t see them.
Recession-Proof Your Portfolio With This Defensive Stock
Accumulating shares of Kimberly-Clark (KMB) stock is an ideal strategy to recession-proof your investing
account – and besides, you’ll be taking a stake in a hugely profitable company that’s built to last.
Investing Essentials Part 2
This wealth essential is like a religion to me, and it is probably the one thing I would teach my children before anything else about investments. It is a humbling skill, and that’s why it’s so hard to apply.
You will be ahead of 99% of the people when the next crash comes, because you will know this concept.
WATCH LIST: Ultimate Groups of Stocks
In pursuit of the ultimate watch-list, it’s tempting to chase after the latest media darlings while ignoring tried-and-true dividend kings with solid fundamentals. While it’s fine to take small positions in volatile stocks, for consistent income my bread and butter is a selection of blue-chips whose shares I grab when they’re on sale.
ONLINE U.S. BROKERS GUIDE: Top Firms – Complete Manual
I receive many requests for guidance on finding an online broker in the U.S., and especially a broker that allows residents of the United States to buy American OTC (over-the-counter) stocks. This is an important topic because you don’t want to miss out on all of the incredible opportunities in American and Canadian small-cap companies.
Fortressing: Age 55+
The Western world provides innumerable opportunities for thrills, recreation, and pleasure at retirement. And now, with cutting-edge medicine and healthcare, people get to live with vitality for decades after retiring from the workforce.
Now more than ever, learning how to apply the strategies of passive income is a “make or break” skill. Fortify your financial future by becoming a retirement guru – learn the principles of managing your savings for maximum benefit.
Magic of Dividend Compounding: Wealth Analysis!
Positioning your funds to earn and grow your capital in the ultimate nightmare scenario is how you will survive and remain in the game, while the masses panic, sell (at a loss), and never recover.