Someone said compounding is the eighth wonder of the world, and I believe this is truly the case. I remember when I was in elementary school, a classmate asked me if I would choose to take $100 or choose $1 and have it double 10 times. As a kid, I chose the $100, thinking it …
When it comes to investing, two major approaches are commonly employed: real estate and the stock market. Real estate generates ongoing income through rental payments and lease agreements. Unlike certain investments relying solely on appreciation, real estate can be utilized to generate consistent cash flow, making it a tangible and income-generating asset contributing to your …
Real Estate vs. Stock Market Which Investment Is Right for You Read More »
As we approach the end of 2023, it’s time to reflect on the past year and summarize my activities. In 2023, I opened a few new credit cards to enhance the return on my funds and prepare for upcoming travels at the end of this year and into the next. Here’s a list of credit …
Maximizing Rewards: A Year of my Credit Card Moves Unveiled! Read More »
Establishing a strong foundation for managing money, savings, and spending at an early age is a crucial step toward financial literacy and independence. Many people find themselves in their early 20s, either in school or just beginning their careers, and are just starting to earn money and develop their savings and spending habits. However, without …
Unlocking Financial Independence: My Journey from Paycheck to Prosperity Read More »
Using credit cards wisely can be helpful in many ways. They assist in building your credit history, offer rewards for everyday spending, and, with the right approach, can even help you achieve your travel dreams and financial goals. Personally, I’ve had many different types of credit cards in the past, and I currently keep about …
Credit Card Magic: How To Transform Daily Spending Into Rewards Read More »
The recent surge in high-interest rates has indeed had a significant impact on the real estate market, causing many potential buyers to hesitate between buying and renting. However, there is an interesting approach to purchasing real estate that can still allow you to enjoy lower interest rates, especially considering that a substantial percentage of existing …
As of September 2023, the 10-year treasury rate is indeed above 4.7%, marking its highest level in about two decades. This rise in interest rates has drawn interest from investors, attracted by the higher yields offered by bonds. However, it’s crucial to understand that investing in bonds can carry risks, and these risks can become …
As we are all aware, the cost of borrowing for real estate has been steadily rising since the beginning of 2022. As of September 2023, the 30-year mortgage rate has exceeded 7%. Initially, when the Federal Reserve announced quantitative tightening measures to combat rising inflation, many people believed that real estate prices would fall. However, …
how to invest in real estate with high interest rate Read More »
This was the last day of our trip. The night before, we had driven about 6 hours to return to Vegas. It was around 9 o’clock when we got back to town. We wanted to go to Chinatown to grab some snacks and drinks, thinking that everything would be closing soon. To our surprise, there …
This was the last day of our Grand Canyon trip. We got to the park around 8:30 AM to avoid the long lines at the entrance. There’s a place to check online and see a real-time camera feed from outside the Grand Canyon gate, so you can get an idea of how long the line …