How Do Most Millionaires Make Their Money?

Making one million dollars a year is not as impressive as it was in the past thanks to inflation. However, it is still a goal for many people and many people consider millionaires to be “rich”. To qualify as a millionaire you simply have to have one million dollars in net worth, which is not ... Read more

from RSSMix.com Mix ID 8230700 https://ift.tt/3mCvqi2
via IFTTT

Comments

Post a Comment

Popular posts from this blog

What are the Best Ways to Invest in Real Estate?

There are many ways to invest in real estate with fix-and-flips, long-term rentals, vacation rentals, REITs, short-term rentals, crowdfunding, nonperforming loans, wholesaling, and your personal residence. I invest in real estate with long-term rentals and house flips, although I also own a real estate brokerage. I love long-term rentals because they offer great returns which continue to pay you as long as you own the property. I also love to flip houses because of the money you can make, and it is a lot of fun to transform old houses into something new. What is considered real estate investing? I The post What are the Best Ways to Invest in Real Estate? appeared first on InvestFourMore . from RSSMix.com Mix ID 8230700 https://ift.tt/2oBTL8t via IFTTT
Read more

“Meticulously Maintained,” Deciphered

Image
Not new — but “meticulously maintained.” Real Estate Synonyms — and Antonyms True or false: “Meticulously maintained” means the same thing as “updated.” Give up? The correct answer is “False.” In fact, “meticulously maintained” is almost always Realtor code for not updated. Ditto for synonyms such as “well-loved,” “quaint,” “vintage,” “long-time owner,” etc. (all very nice things, by the way — just not the same as “updated”). See also , “ Real Estate Marketing 101: When to Acknowledge a Home Needs Updating — & When Not To “; “ Real Estate Euphemisms “; and “ Real Estate Clichés and How to Avoid Them .” from RSSMix.com Mix ID 8230700 https://ift.tt/2I20bKN via IFTTT
Read more

Everything I Learned at Stanford Was Wrong (well, almost everything)

Image
Labor + Capital + Raw Materials = Finished Goods [ Note to Readers : This year, approximately 500,000 high school seniors applied to the Ivy League and highly selective schools like Stanford (my alma mater), MIT, and the University of Chicago. Around 475,000 of them (95%) — including my hard-working, ridiculously talented 18 year-old son — were rejected. The following post is for them — not just as they decide amongst dozens of other stellar colleges and universities ahead of the May 3 deadline, but as they approach their undergraduate studies the next four years.] I spent four years learning economics at Stanford. I’ve spent (going on) the last forty years unlearning it. It’s not that Stanford failed me. It turns out that the entire field of modern economics was built upon not one but two outmoded ideas, if not conceptual San Andreas faults. It’s All Software Now Fundamental flaw #1 was economists’ presumption that people are utility-maximizing, rational actors. Unh-unh....
Read more