Owning foreign real estate is a sexy idea. You can brag to your friends about your house in some exotic location and you can feel like a sophisticated and worldly investor. But how many people do you know that actually…
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The ten year value change of rare whisky has exploded for an annualized return of over 58%, making many ‘whisky investors’ very happy. Other assets that have skyrocketed in value include rare coins, art, watches, and cars. Most of these…
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It was the fall of 2011 when my wife and I presented an offer to the bank that was selling the home through a short sale. The person who owned the house at the time – but was selling in…
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As you might have seen in the news, the US national debt just passed the $22 trillion mark. That adds up to nearly $200,000 of debt for each US tax payer, which appears to be a number that will never…
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This article is in reference to a question that is currently very common in the real estate and investing world. Q: What will trigger the world-wide real estate bubble to burst? A: Nothing. There is no such thing as a…
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Delayed gratification versus immediate reward. This concept I something researchers have studied for years. They have tried to understand why our brains desire different rewards based on a time frame. Really, the only reasonable explanation is that people are just…
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