Roth IRAs are Aunty's favorite way to save and invest. We first put tax write-off-able funds into a SEP IRA (or regular IRA) and then converted them into a Roth IRA. Is it a good idea? Well, the February 12, 2012 issue of Forbes magazine says it is a great idea and calls it a backdoor Roth. All IRAs are good because gains (capital long or short term, dividends, interest) are allowed to grow without taxatio ...Read more ›
Success is doing the things that you love to do, and not doing the things that you don’t want to do. For Aunty to have the lifestyle she wants (and Uncle for his lifestyle), we need cash flow, profits, distributions. Build your wealth so you can enjoy your life.
Thanks to my latest "find" - KungFuFinance.com - I learned about a company that will give you your credit score for free, without having to input a credit card. Most other offers are "free" but only for the first 30 days, and then you start getting a charge on your credit card that you must call to cancel. The company is called CreditKarma.com. Great site. You do need to put in your real information such ...Read more ›
I know - sounds like the name of a movie star - that 007 actor Roger something. Roger Hamilton is a life guru. Very wealthy, very wise, very spot on. Would love for him to be our son-in-law. Anywho, thanks to Raymond Aaron's subscription, I have access to this really great interview on 8 ways to create wealth. Download to listen or read, and grow: Roger Hamilton interview. I usually download, import int ...Read more ›
Craig Ballantine took over the reins of Early to Rise from Michael Masterson. I thought that there was no way anyone could fill the void - but I am so pleasantly surprised to find that Craig is as good and sometimes even better at sharing and mentoring. Here is a link to a video Craig has just made about achieving your goals. It starts off the same as most goal setting advice - write down your 10 year goa ...Read more ›
Here are some notes I took while listening to Robert and Kim Kiyosaki, along with some of their advisers at a "Boardroom Meeting" earlier this year. He paints a grim picture, but he does (IMO) have a finger on the pulse. Cash is trash. Savers are losers. The economy is in the worse condition ever, and it is global. Old methods don’t work anymore - so you have to ask yourself what will work. Because of t ...Read more ›
Thanks to friend Brenda, here is a website MrMealDeal.com (suggest you bookmark it) that offers great discounts for places we all go to for ono kine grinds! Choose the restaurant and print the coupon. Some of the places I go to such as Makinochaya, Maple Garden, PF Changs. One name that always catches my eye is Fook Yuen Seafood Restaurant in McCully. Years ago, John Heckathorn reviewed the restaurant fo ...Read more ›