Wealth Without Stocks or Mutual Funds-by-What Your Car Lease Really Costs You

What Your Car Lease Really Costs You

Last week I wrote about how to save boatloads of money buying the car of your dreams -- but only after it's two or three years old. This week I want to talk about how leasing a car really works and offer some tips to save you more money on your next car.OK, so what exactly is a lease? A lease is an agreement you enter into to rent your car for a predetermined length of time … [Read more...]

Wealth Without Stocks or Mutual Funds-by-Pay Less For Your New Car With 2 Easy and Effective Methods

Pay Less For Your New Car With 2 Easy and Effective Methods

A new car is one of the biggest wealth drains for you and your family. Use these two simple yet powerful tips to take control of this expensive item. Research your Model Buy the car you want -- but only after it's at least two years old, and three would be better. By doing this, you automatically save hundreds of thousands of dollars over your lifetime.When I was 23, I … [Read more...]

Wealth Without Stocks or Mutual Funds-by-The Secret IRA Your Advisor Doesn’t Know About

The Secret IRA Your Advisor Doesn’t Know About

Most investors mistakenly believe they have a “self-directed IRA” when in fact they really have a multiple choice IRA.  You may self-direct your account as long as you buy stocks, mutual funds, or bonds inside of the plan administrator’s approved plan.  You may have hundreds and even thousands of choices of where to put your money inside that account with that plan … [Read more...]

Wealth Without Stocks or Mutual Funds-by-10 Reasons the Rich use Life Insurance to Create Wealth

10 Reasons the Rich use Life Insurance to Create Wealth

Just a few short years ago, I was staunchly opposed to whole life insurance, because that's what I was taught by national "gurus" 25 years ago. I wholeheartedly believed (as many people still do) that if you need life insurance, you should buy a term policy, then take the difference in premiums between whole life and term and invest it in mutual funds.So when a good friend … [Read more...]

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