May 2019 Net Worth – $839,599

Every month I post my updated net worth for those that are interested in following my progress. I have been tracking my net worth online since January 2006. I look forward to compiling the numbers each month, and doing so keeps me motivated, focused, and accountable. The numbers... As I had been anticipating (though obviously not knowing when it would happen), the market pulled back from the rapid gains we've been enjoying so far this year. The losses show up largely in the tradin...

Banks have sold the idea of homeownership as being an integral part of the American Dream. And, why not – having a piece of land and an abode to call our own is alluring. No more fighting with landlords and inconsiderate neighbours. No more questionable neighbourhoods and badly-maintained rentals. Shortly after moving in, though, the honeymoon ends. From the first big maintenance bill to the cost of heating in winter, there’s no doubt about it – owning a home ain’t cheap. (1) Make you...

Every month I post my updated net worth for those that are interested in following my progress. I have been tracking my net worth online since January 2006. I look forward to compiling the numbers each month, and doing so keeps me motivated, focused, and accountable. The numbers... Another great month. Can't complain about the YTD gains, unfortunately, can't expect them to continue at this pace either. I'll enjoy it while it lasts.

When it comes to managing their finances, Australians aren’t exactly the best. In fact, according to OECD Data, household debt to income in Australia rose from 104% to 212% between 1995 and 2015. To break the debt cycle, you need to have a better understanding of what your income and expenses are to start managing your money more responsibly. Once you have a better idea of your financial position and obligations, it makes it easier to manage essential payments like rent or mortgage, bil...

Internships are an excellent way to build your resume for future endeavors, gain experience in various positions, and immerse yourself in corporate cultures. While in college or pursuing a career path, internships offer a great deal of value for students and emerging professionals alike. The impact of internships on the future of one’s career is impressive. On average, recent grads with internship experience gain employment at a higher rate than those who did not participate in such program...

Everything You Need to Be Considering For homeowners, a mortgage is an unfortunate fact of life. Whether you got a great deal on a property or not, the debt you take on still negatively impacts your financial situation. However, there are some upsides to shouldering a mortgage – primarily when it comes to your taxes. In some cases, any interest that you pay on your mortgage is tax deductible if you correctly itemize it on a tax return. Of course, this isn’t true for every situation, and ...

Germany is the third largest importer and exporter in the world. It 2016, the value of its imports and exports stood at $1.05 trillion and $1.32 trillion, respectively. The country’s top export destinations include the U.S, France, the UK, the Netherlands, and China. Its top import origins include the Netherlands, France, Belgium, China, and Italy. Needless to say, considerable money flows in and out of the country for business purposes regularly. Give the significant volume of internati...

Every month I post my updated net worth for those that are interested in following my progress. I have been tracking my net worth online since January 2006. I look forward to compiling the numbers each month, and doing so keeps me motivated, focused, and accountable. The numbers... There are two ways I can look at these numbers and both are true, but they paint different pictures. #1 My net worth has grown by over $100,000 in the last three months. #2 My net worth has only...

What are Hard Money Lenders? Hard money lenders are basically private individuals or companies who lend capital in order to finance real estate transactions for business purpose (i.e., flipping houses or buying rental property). Hard money lenders fill the void that banks and traditional lenders refuse to do, by loaning on distressed properties and providing the funds necessary to rehab/renovate a property. Hard money lenders offer programs with rates, terms, and fees that are generally ...

Most young people tend to be easy going especially when it comes to money. They buy things left and right as long as they have cash with them. And worst case scenario is that they even spend money that they do not actually have just to satisfy their wants sometimes more than their needs. This is commonly in the form of credit card debts and loans. This is only fun in the beginning but when it’s time to pay the bills and the debts piled up, that’s the time you will realize that you should’ve...

May 2019 Net Worth – $839,599

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April 2019 Net Worth – $886,628

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March 2019 Net Worth – $855,939

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