I recently spoke at the Metrolina Real Estate Investor Association in Charlotte about goal setting. The core message of my talk was this: “Goals aren’t helpful unless they are transformed into actionable plans.” For me, the best plans are broken all the way down into tiny, mundane, day-to-day steps that you can actually do. This [Continue Reading]
Archives for January 2014
22 years to $1.6 Million in Your IRA –
A Conservative Path
In a recent article, I wrote about the Power of Compounding Tax Free in your self-directed IRA account. I showed how savings can grow much faster inside vs outside your IRA (see graph below). But even if you like the idea of tax free IRA investing in real estate, you might wonder how it works [Continue Reading]
The Power of Compounding (Tax Free)
Albert Einstein supposedly said “compounding interest is the most powerful force in the universe.” It is doubtful Einstein really said that (Snopes and Quote Investigator), but it doesn’t take away from the importance of the message. Compounding is a VERY powerful force that either works against you (borrowing) or for you (investing). In our world [Continue Reading]