Over the years I have funded startups and have loaned money out to people. Sometimes I made a lot of money but sometimes I got burned. These are my rules I put together after my Experiences. Like all business you can’t get emotional about this, even if your best friend has a great idea that’s…
Everybody keeps talking about the rich getting richer, the middle class shrinking, and the poor barely surviving. This is all true, and I want to briefly explain it all to you, so it makes sense, and clears up any questions you might have. Because everyone in America faces these issues, but not everyone understands them.…
Governments always want more power and control. This shouldn’t be a surprise to anyone. They also; along with the bankers want more control of the nations and citizens money. As of 2020 China has been experimenting with a Digital Yuan. As of now, American companies in China are accepting it. Including Starbucks and McDonalds. There…
What is a mutual fund? A mutual fund is basically a group or securities either stocks and/or bonds that are managed by a fund company that has managers assigned specifically to that fund that buy and sell securities within it. These managers may be analysts and have a CFA designation. The fund managers try to…
Having been a Financial Advisor for over 10 years I’ve seen it all, including many situations that may deceive the client. After leaving the corporate side of the business and starting my own firm, which I later sold. I realized there are quite a few things that clients may not be aware of. This…
I’ve often thought about buying a sub shop or a pizza franchise. I love the food and the ones I eat at always seem busy. Everybody knows their name and brand. It sounds so cool owning a pizza place too, just sounds fun. I looked into buying a pizza franchise that I am very familiar…
Should I pay off my debt? Or make the monthly payments? I’ve been asked this question a few times, but it’s not that simple there are a lot of factors to consider before making a big payment to crush that debt. Cash flow = debt service. Does your monthly income passive (preferably), and or active…
