Real estate is a hot asset class these days. Everybody wants to own rental property. But is investing in real estate worth it? Normally I would say yes, of course it is. After all, 70%+ of my personal net worth is tied up in real estate! But you caught me on a bad day (or bad couple of months). It seems like everything that could go wrong is going wrong at my rental … [Read more...] about Is Investing in Real Estate Worth It? (6 Lessons from an Actual Investor)
This post was written in partnership with DiversyFund. Wealthy Nickel Note: When I saw this article on another entrant into the real estate crowdfunding space I knew I had to share it here on the blog with you. It originally appeared on The Money Mix. Both Fundrise and DiversyFund provide a private REIT structure that allows them to give higher returns in exchange for less … [Read more...] about Fundrise vs. DiversyFund – What You Need to Know
When I tell people I invest in real estate, I generally get one of two comments: Why would you invest in real estate? That's way too much work. I don't need that kind of stress in my life. I would love to invest in real estate, but I don't have any money. If you're in the first category, I get it. Investing in real estate is not exactly passive, but I enjoy (most) … [Read more...] about How to Invest in Real Estate With No Money (The Truth)
There is a lot of confusion around retirement, and particularly recommended retirement savings by age. How much should you have saved by age? And how much do you need in retirement? A lot of words have been written to try to answer these questions, but the real answer is...it's complicated. It's not complicated because the math is hard, or there is some secret the … [Read more...] about Recommended Retirement Savings by Age – Are You Saving Enough?
So you have $1,000 and you want to turn it into more. Congratulations! You are already ahead of over 60% of people who couldn't even come up with that amount in an emergency. But how can you invest $1,000 and double it, triple it, or even more? Depending on your skills, tolerance for risk, and timeline there are all kinds of ways to invest 1,000 dollars and turn it a lot … [Read more...] about How to Invest 1,000 Dollars (and Double It!)