Whether or not real estate is the path to wealth is a tough question to answer. In her recent article about real estate, Thursday mentioned that the idea of building wealth through one’s primary residence has become a little tarnished. I agree because homeownership is not the best option in a lot of major metropolitan areas. In a [...]

Money talks. It’s the most powerful way to express an opinion about consumer goods — don’t buy it if you don’t like it — or political candidates — don’t contribute to their campaigns if you don’t like them. A lot of people seem to have been taking that idea to a further end with socially [...]

Metaphorically speaking, we’re all on a road to financial freedom; some of us are further along than others. Goal setting is important because it pinpoints the destination. You must know where you’re going first. Imagine driving down a road not knowing your destination. Once you know your destination, be it a certain net worth or [...]

Lately the economy has been talked about by virtually anyone from your co-workers to presidential candidates. The jittery stock market has gotten a lot of people on the edge of their seats. It’s not fun seeing your portfolio deteriorate 3% or more in a single day, yet we are told that these are the opportunities [...]

I’m self-employed and therefore rely on IRAs and the like for planning my retirement. But I have stacks of friends and relatives with 401(k) plans — to the point that 401(k)s are a big discussion topic over Thanksgiving dinner. I know plenty of those friends and relatives have played fast and loose with their plans, [...]