by Keith Weinhold | Aug 30, 2021 | Blog
Let me get more personal with you. I’ll show you my primary residence. You might relate well to a real life example. But this isn’t about crown molding, oil-rubbed bronze cabinet hardware, or those trending matte black kitchen faucets. It’s...
by Keith Weinhold | Aug 26, 2021 | Blog
On August 15th, 1971, President Richard M. Nixon basically said “goodbye” to tying dollars to gold. He announced that creditor nations could no longer redeem their debt for gold. We would only repay them in dollars. This broke a promise and ushered in a...
by Keith Weinhold | Aug 13, 2021 | Blog
The median sales price of existing homes has risen from $294,400 to $363,300 year-over year. That’s accelerating appreciation at its finest. People still ask me, “How in the heck did this price runup happen during a recession?” Yes, factors like...
by Keith Weinhold | Aug 1, 2021 | Blog
Most people think that owning a home is a financial asset. That’s not true. Rich Dad said, “A home is a liability, not an asset.” An asset puts money into your pocket every month. A home takes money out of your pocket every month. Though owning a home is rarely a good...
by Keith Weinhold | Jul 23, 2021 | Blog
Which group of people are typically better humans – members of a wealthy group or a poor group? Some say that money is the root of all evil. No, lack of money is the root of all evil. In the history of the world, no one has ever pulled up in a Rolls Royce to rob...
by Keith Weinhold | Jul 23, 2021 | Blog
Personally, I like 40-year mortgages more than 30s. It would lower your payment amount and increase your cash flow. It slows your leak of cash into equity. That’s good, because financial freedom is achieved when money flows the opposite direction – equity...
