Pension Funds and Assumed Rates of Return make an A** out of You and Me

Last week I had an interesting conversation with my client regarding our fears about pension funds and assumed rates of return. I mentioned that two of my biggest fears are this year’s seven-year bull market and the market’s correction.  My client agreed with me, but I was left confused and intrigued. I wanted to know […]

Baby Boomers Forced to take Required Minimum Distribution

Baby Boomers are a very large portion of our population. They’ll be taking their first RMDs this year. RMD stands for Required Minimum Distribution. The Government forces us to pay taxes on our retirement account when we turn 70 years of age. This is only on qualified plans (IRAs, 401Ks, and other qualified accounts). Consequently, […]

Rich Dad, Poor Dad: The First Book I Read That Got My Mind Tweaked…

Sometimes a book can really change your outlook and your perception of your opportunities. In 2002, I was working at Home Depot, assisting a friend in starting a painting company. Additionally, I was going to college full-time. I had some extra time on my hands lol. I had also just bought my first rental property. […]

What Is A REIT & Will They Pop This Year?

In August, REITs real estate will be the 11th sector to be included in the S&P 500 What is a REIT according to Wikipedia? “A real estate investment trust is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate. Ranging from office and apartment […]