Investing legend Benjamin Graham (a mentor to Warren Buffett) divided investors into two categories: Passive (defensive) investors Active (aggressive) investors Do you know which one you are? Whether you invest in real estate or something else, this is an important choice. According to Graham in The Intelligent Investor, passive investors want “freedom from effort, annoyance, and [Continue Reading]
The Three Pillars of Successful Real Estate Investing
[My Investor & Entrepreneur Profile Series features big ideas, questions, and answers from fellow entrepreneurs and investors. I hope you find these people as fun, interesting, and helpful as I have.] This article features Greg Pinneo, who was one of the first teachers & mentors I studied and really got to know well when I began investing in real [Continue Reading]
Can Money Buy Happiness? Research Says Yes (With Caveats)
As with all scientific research, there are no absolute certainties. But a large number of economic, psychological, and social studies suggest that more money can buy happiness. For a good summary with references to relevant studies, see this article in Psychology Today. But there are some caveats and nuances. Sonja Lyubormirsky, researcher and author of The How of Happiness (I highly recommend the [Continue Reading]
Your Money Or Your Life, by Joe Dominguez & Vicki Robin
Your money or your life. If someone thrust a gun in your ribs and said that sentence, what would you do? Most of us would turn over our wallets. The threat works because we value our lives more than we value money. Or do we?” Joe Dominguez and Vicky Robin, Your Money or Your Life Your [Continue Reading]
The Ultimate Guide to the Best Wealth Building Assets
My mission here at coachcarson.com is all about helping you become wealthy (aka win with money). Money is not the most important thing in life, but losing with money has the pesky issue of keeping you from doing the things that DO matter. So, in that spirit I want to share my guide to the best wealth building assets. You have probably read or heard [Continue Reading]
How to Use Smart Leverage in Real Estate Investing
I am a fan of using real estate investing to climb the wealth-building mountain. One of the most unique benefits of real estate investing is that it can give you the ability to use smart leverage to magnify your returns while also protecting your down side. The Power (and Danger) of Leverage Ancient greek scientist and philosopher Archimedes once said: Give [Continue Reading]