December 2022- Tax-Loss Harvesting and Finances

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Greetings all!The holiday season is upon us, and we at Bona Fide are preparing to stay busy for the rest of the year, helping our clients succeed in all aspects of their lives. This newsletter will provide you with some context surrounding tax-loss harvesting, and what that means when investing. But first, a word from our sponsor…If you haven’t yet, take a listen to our podcast, The FI Entrepreneur. We just finished Season One and are starting to organize and record Season Two where we will spend more time digging into the how-tos of entrepreneurship and financial independence. We also are planning to interview a number of guests, so if you or someone you know is active in entrepreneurial or financial independence pursuits, please reach out and let us know!
Greetings all!
The holiday season is upon us, and we at Bona Fide are preparing to stay busy for the rest of the year, helping our clients succeed in all aspects of their lives. This newsletter will provide you with some context surrounding tax-loss harvesting, and what that means when investing. But first, a word from our sponsor…
If you haven’t yet, take a listen to our podcast, The FI Entrepreneur. We just finished Season One and are starting to organize and record Season Two where we will spend more time digging into the how-tos of entrepreneurship and financial independence. We also are planning to interview a number of guests, so if you or someone you know is active in entrepreneurial or financial independence pursuits, please reach out and let us know!
December 1, 2022
 Read
The ultimate goal when you start investing is never to lose money, but this is part of having a “well-diversified” portfolio and embracing the reality that sometimes stocks will perform well, and sometimes they won’t. Tax-loss harvesting is an investing strategy that helps turn investment losses into tax offsets. You can find more about tax-loss harvesting from Forbes article on tax loss harvesting and improving your investment returns.  More helpful tips and rules about tax-loss harvesting can be found on The White Coat Investor website.
Listen
Taylor Schulte with The Stay Wealthy Retirement Show spotlights what tax-loss harvesting is, how it works, and why it has become a popular strategy. He breaks it down into three steps: sell a security that has lost money, use that realized loss to offset taxes that you owe on another investment that made money or ordinary income, and then potentially investing into something else. This 20 minute listen also gives a few things to know about the wash sale rule. Take a listen! 
Watch
This video breaks down specific examples of what tax-loss harvesting would look like in different scenarios. If you’d like some thorough visual examples, then watch Jake Broe’s video where he details the different ways to strategically use tax-loss harvesting to come out on top with your return. 

Charitable Giving, Donor-advised Funds vs. Private Foundations

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Greetings all,

We at Bona Fide have been able to enjoy a bit of down time and now we are ready to stay busy for the rest of the year helping our clients succeed in all aspects of their lives. This newsletter will provide you with some context surrounding current interest rates. But first, a word from our sponsor…

If you haven’t yet, take a listen to our podcast, The FI Entrepreneur.  Here,  we will be spending some time digging into the how-tos of entrepreneurship and financial independence. We also are planning to interview a number of guests, so if you or someone you know is active in entrepreneurial or financial independence pursuits, please reach out and let us know!

November 1, 2022

Your Giving Vehicle

Donor-advised Funds vs. Private Foundations

Read

Giving feels good, right? And so does establishing the right giving vehicle to help you maximize your tax advantages. We want to share this article fromCharityvest about two common options that both offer strong tax benefits. Here, you’ll find a thorough overview and comparison of DAFs (donor-advised funds) and private foundations. There are many advantages to both, but each has different characteristics which should be considered when choosing the best option for your charitable giving. Something else worth considering is how to organize a charitable giving inclination with a plan. How much, and how to determine this figure is discussed in Flow- Financial Planning “How Much Money Should You Give to Charity?” Donating a percentage of  income, donating a percentage of wealth, or donating the equivalent of a budgeted category are a few ways to dive into it. Many also choose to make their contribution repetitive and consistent. However you decide to go about it, giving makes the world a better place. 

Listen

In this short listen by US In-Air, it is explained why someone would establish a giving vehicle in the first place and how to organize this giving to sustain it for the future. With a DAF, the gift can be anonymous, but on the other hand there is more administrative work involved in a private foundation. You can see how these options vary, but are flexible in ways. Additionally, for a unique look on how to give, you may want to listen to The Value in Giving’s Podcast episode titled Maximizing Charitable Impact: Creative Giving Vehicles.

Watch 

Professor Russell James at Texas Tech University reviews the foundations of DAFs and PFs in this video with specifics on relative size, rapid growth, permanence, tax treatment, wealth name values, and more. If you’re looking for even more insight, Brad Rosley talks about Why Use a Donor Advised Fund, focusing on bunching deductions and avoiding capital gains as two key benefits. He shares his personal approach to DAFs and offers suggestions. Another great watch comes from James Conole at Root Financial Partners. His discussion on how to maximize the effectiveness of your gift while also taking advantage of the deductions you’re able to take from them focuses on preparing for a better financial future. 

Inflation and Student Loan Updates

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Greetings all,

Welcome to our monthly newsletter which focuses on current events and is provided only to our ongoing clients. This is meant to be a deeper dive into issues that are front and center in the minds of our clients and we encourage you to reach out if you have any questions or comments on any of the points mentioned. Have something you’d like to learn more about? Let us know and we will be happy to cover it in one of these newsletters.

If you haven’t yet, take a listen to our podcast, The FI Entrepreneur. We just finished Season One and are starting to organize and record Season Two where we will spend more time digging into the how tos of entrepreneurship and financial independence. We also are planning to interview a number of guests, so if you or someone you know is active in the entrepreneurial or financial independence pursuits, please reach out and let us know! General Market and Outlook – As has been our habit in the last few months, we lead off with a general market outlook. As of writing this newsletter in mid-October, the S&P is down 23.32% YTD and this is after a strong 2.65% gain in the previous session. However, we believe the market is getting ready to turn around and we hope the next 12 months will prove far kinder than the last 12. We’d like to share a few informational sources you might find interesting. 

The first is from Ben Carlson’s Animal Spirits podcast. The title of the episode is Long Term Bullish and even if you don’t have time to listen to the episode, we recommend you spend some time looking through the charts that are presented. At the very least, take a look at the first chart presented. There you’ll find historical data that show a great trend toward positive returns in the years following declines in the stock market of 25% or more. Since 1950, there is only one time where the S&P 500 declined by 25% or more and then didn’t post a positive return in the following year. The average decline is -37.6% and the average return the following year is 21.6% in the chart referenced. We can’t be sure when things will turn around, but we can be confident they will. 

There are a number of estimates on this, but the average Bear market is most often estimated to be around 300 – 400 days long. Our current Bear market has been running for about 285 days. If we had to make a guess, given the current economic conditions, we could easily see this Bear market lasting another 3 to 6 months and increasing loss in the stock market by another 10% to 15%. Check out this article from Investopedia for some more historical perspective on Bear markets. 

The main takeaway here is that we don’t know when this current downtrend will end, but it will and when it does, you want to be invested in the market because that is the only way to be on the ride back up. Most gains in the stock market happen in short spurts and if you have reduced your holdings or paused your automatic investments, you are going to miss out on those gains. 

Series I Bonds – 
On the flip side, for money not needed for the next year (the funds are locked for the first 365 days), like a mid-term emergency fund. Currently, Series I bonds are yielding 9.62%. This rate is good for the first 6 months of purchase and then will reset to prevailing rates. Analysts are expecting a drop in the rate to the mid 6% range. This is a good thing, as it shows that experts are seeing signs that inflation is decreasing. If you have some cash on the sidelines and don’t want to expose it to the volatility of the stock market, then Series I bonds are a good place to park the money. The 9.62% rate will be readjusted at the end of this month, so you only have a few days to lock this in if you are interested. Prior to making the investment, reach out to us so we can discuss your situation and fully go over the details of this investment. 

Inflation and Interest Rates – 
Here also, we believe we are about to see a change happen. We are as certain as we can be that the Fed will increase interest rates again in November, probably by .75% as they have previously done. Once this is done though, we are less certain about future moves. This is for several reasons. First, inflation seems to be slowing down although the Fed is not willing to declare victory just yet. Second, a major driver of inflation, the residential real estate market is showing signs of cooling. As interest rates have risen, so too have mortgage rates, making existing homes more expensive and causing would-be buyers to delay their purchases. Limited supply in the housing market should keep prices relatively stable, with less rapid growth than has been seen previously. Third, the dollar is just too strong internationally and only continues to strengthen as the Fed increases interest rates. This causes problems around the world and the US will face pressure to slow down their rate increases. Check out this podcast for an excellent primer on how a strong dollar affects the rest of the world.  

Student Loans – 
Earlier this week, the official application for student debt cancellation was released. This allows student loan borrowers to receive up to $20k in debt cancellation (if they received Pell Grants, $10k if they did not). There are income limits to be aware of, $125k for individuals and $250k for families. Additionally, four states at this time are expected to tax the forgiveness if you do receive it. The application is simple and is only expected to take five minutes or so. There is no detriment to filing it out, so if you think you are eligible, you may as well give it a shot. Lastly, there are a couple of questions remaining involving legal challenges blocking the program, but we should have more clarity there by the end of the week.

Thank you so much for taking time to read our newsletter. We hope you’ve found some value here and in our services. If you have, please consider passing our information along to friends and family for whom you think our services would be a good fit. A referral is the greatest compliment we can receive! 

Have a great month and we’ll see you next time!

Best wishes,  The Bona Fide Family

Stock Market, Mortgage Rates, and Current Events

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Greetings all,

Welcome to our monthly newsletter which focuses on current events and is provided only to our ongoing clients. This is meant to be a deeper dive into issues that are front and center in the minds of our clients and we encourage you to reach out if you have any questions or comments on any of the points mentioned. Have something you’d like to learn more about? Let us know and we will be happy to cover it in one of these newsletters.

If you haven’t yet, take a listen to our podcast, The FI Entrepreneur. We just finished Season One and are starting to organize and record Season Two where we will spend more time digging into the how-tos of entrepreneurship and financial independence. We also are planning to interview a number of guests, so if you or someone you know is active in entrepreneurial or financial independence pursuits, please reach out and let us know!

Stock Market – 

On Tuesday of this past week, stocks had their worst day since 2020. The S&P 500 dropped 4.3% the Dow 3.9% and the Nasdaq 5.2%. That’s in one day, not a month or greater period of time. You may recall that in our newsletter last month, in this very spot, we were excited about the general direction of the stock market. We also made sure to detail that we didn’t know if that general optimism in the market would continue. The truth is, no one knows what direction the market will move in on a daily basis and you may as well flip a coin to make your prediction. So, why did the markets tank on Tuesday? It really comes down to about .2%. That is the amount by which the reported value of inflation missed its estimate by. Inflation for August was expected to come in at 8.1%, instead, it came in at 8.3%. This fraction of a percent was apparently all that was needed to send the markets into a selling frenzy. The expectation is that the Federal Reserve will continue with its aggressive policy of increasing interest rates which will continue to put pressure on the economy and stock performance. We believe this is also probable as controlling inflation must be the Fed’s number one priority. Still, inflation aside, we believe there are a couple of bright spots to focus on which should bolster the global economy and ease downward pressure.

Ukraine War – 

In reports by CNN and other news outlets this week, it appears that Ukraine is making strides in taking back territories previously held by Russia. As Ukrainian forces have advanced, the true strength of the Russian military and its troops’ willingness to fight has been exposed as severely lacking. If this trend continues, the general hope is that a peace treaty will be signed and the war that has helped foster instability and supply chain shortages all over the world will come to an end sooner than later. This would be good for the soldiers and civilians on both sides of the conflict and the markets as a whole. 

The End of Covid?

On Wednesday, the World Health Organization released information that they are hopeful the Covid pandemic may be nearing a close. Global deaths due to the disease have dropped to their lowest point since March of 2020, a drop we are much happier to experience than the stock market’s recent woes. Other hopeful signs are new cases dropping and a newly available booster shot that protects against the original strain of the virus and the currently active BA4 and BA5 strains. Undoubtedly, we will continue to see peaks and valleys in the fight against Covid, but it seems the worst is behind us. 

Mortgage Rates Continue Rising – 

As the Fed continues to increase interest rates, mortgage rates continue to rise. Bad news for anyone looking to purchase or sell a home. The 30-year rate on mortgages rose to 5.89%, pushing more would-be buyers out of the market. As this trend continues, sales of existing homes will drop (as they have done for the past six months) and inventory should build up in the market, hopefully cooling what has been a historically hot market (which is one of the driving factors of inflation). Mortgage rates tend to track the 10-year Treasury rate, which has progressively been pushing up. While none of this is good news, we do not anticipate a large-scale housing market downturn as there are strong factors at play, such as a deep shortage of housing and a generally robust economy, which will continue to strengthen demand and prices for homes. 

Trains Will Run, For Now – 

In hopeful news for what could have become the newest thorn in the side of the American economy, a tentative deal has been struck to avoid a railway strike. The deal has not been finalized by union members, but they have agreed not to strike while votes are counted in the next few weeks. The White House is highly incentivized to avoid a strike at all costs with the Midterm Elections approaching, so we expect a resolution to this issue sooner than later. The workers and their unions likely know this and will be playing hardball. These talks affect the pay and benefits of approximately 115,000 workers for railroads like Union Pacific and Norfolk Southern. Pay increases and access to benefits are the sticking points in these negotiations. 

Thank you so much for taking the time to read our newsletter. We hope you’ve found some value here. Please reach out if you have any questions or comments. Share this with your friends and family and let us know if you have any topics you’d like us to cover. 

Have a great month and we’ll see you next time!

Best wishes, 

The Bona Fide Family

Personal, Small Business, and Real Estate Taxes

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Greetings all, 

April is here and taxes are at the top of most people’s minds. For this newsletter, we are going to keep things on the light side with some info and tips for optimizing your tax situation for 2022. Before we get into that, we would like to give you a heads up on a new development on the student loan front. Recently announced by the Biden administration, the pause on federal student loan repayments will be extended through August 31. This means the soonest a person would have to make a payment would be late September/early October. This can change the calculus on a number of planning opportunities, so be sure to reach out if you have any questions. If you are a client and this affects you, we will be in touch with you to advise on what to do.  

Read –
Have you heard of Tax Freedom Day? It was conceived in the 1940s to help people understand how long they have to work each year until their tax burden is met and their money becomes their own, AKA Tax Freedom. This year, on average, Tax Freedom Day is on Monday, April 18th which coincides with the regular tax filing deadline. That means, most taxpayers need to work for about four and a half months just to cover their taxes for the year. Now, with this out of the way, what are some ways to optimize your taxes for the year?

Watch – 
One of the best ways to reduce your tax burden is to claim expenses as a self-employed individual. This video by Lyfe Accounting details some of the most common and effective tax reduction write-offs available to small business owners. These include the home office deduction, using your personal vehicle for business driving and writing off the mileage, and writing off $5,000 in startup costs in the year you start a business. All of these can really add up to reduce your taxable income if you are self-employed. If you are a business owner or aspire to be one, make sure to reach out if you have any questions about your situation. If you are a W2 worker, check out this video which goes into some of the ways to lower your taxes by taking advantage of all the employer-sponsored tax benefits available to you. The biggest switches you can hit are using your retirement plans, HSA, and FSA plans available to you. 

Listen – 
These days, it seems like everyone is interested in or already owns a rental property. The problem is, most people have no idea have to deal with this in a tax-compliant and efficient way! We are in the thick of tax season and the number one most common mistake is rental owners not taking depreciation on their property from day one. This can be an extremely expensive mistake down the road, so make sure to reach out if you are unsure if you are in this group. For a really great listen, check out this episode of The Rental Income Podcast with CPA Sean McNamara who goes over some higher-level tax planning tips for rental owners. There is a lot of good advice here to get you started on how to handle your rental property. 

Taxes can be daunting whether you are a small business owner, a wage employee, or an aspiring rental property tycoon. The most important thing is to have good information at your disposal and advisors you can rely on to have your best interests at heart. We pride ourselves on being able to advise across all of these situations. Through careful planning, we make sure our clients don’t leave any of their hard-earned money in Uncle Sam’s pockets and are able to celebrate their Tax Freedom Day as early as possible each year. 

Best wishes, 

The Bona Fide Family 

Can Money Buy Happiness?

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Greetings all, 

Thank you for joining us for another issue of the Bona Fide Monthly Newsletter. For this month, we’d like to wade into an age-old question, ‘Can Money Buy Happiness?’. At Bona Fide, we enjoy digging into the numbers and ensuring our clients use their financial resources as best they can to achieve their goals, but we also believe it is important to know why we are working to earn all this money. Will working more and earning more make us happier? Is it better to earn more or to work less while being more efficient with our resources? How much is ‘enough’? These are important questions and we hope the links below will help you think a little more about what makes you happy in your own lives. 

Read – 
Most people are familiar with the figure of $75,000 being the number often quoted as providing happiness. Turns out, it’s a little more nuanced than that. According to a Purdue study from 2018, $60,000 to $75,000 provides emotional happiness, and levels around $95,000 provide the opportunity for life evaluation. From Purdue “Emotional well-being, or feelings, is about one’s day-to-day emotions, such as feeling happy, excited, or sad and angry. Life evaluation, really life satisfaction, is an overall assessment of how one is doing and is likely more influenced by higher goals and comparisons to others.” Keep in mind that these are figures for an individual and the numbers would necessarily increase for families. Also creating a disparity in the numbers is the location in the country or world you live in. Spoiler alert…. “The study also found once the threshold was reached, further increases in income tended to be associated with reduced life satisfaction and a lower level of well-being.”

Listen – 
In doing research for this newsletter, we came across a great podcast called, Your Life, Simplified. Conveniently enough, they had an episode called, Can Money Buy Happiness? This is a good listen if you’re interested in another perspective, this time from Dr. Elizabeth Dunn, a professor of psychology at the University of British Columbia. We like this episode because it focuses on how to achieve “happier spending” and get the biggest happiness quotient out of each dollar that you spend. It’s a good thing to keep in mind when you are considering a purchase. Will this thing make me happier? If so, for how long and why? If you wind up deciding you have enough and it’s time to give back a little, you can also check out the following episode about community involvement and giving back. 

Watch – 
Still not convinced? Well, here is the video that started us down this rabbit hole. Titled, The Price of Happiness, author Benjamin Wallace sampled the world’s most expensive products, including a bottle of 1947 Chateau Cheval Blanc, 8 ounces of Kobe beef, and the fabled (notorious) Kopi Luwak coffee. If you’d like to read about those and other experiences Ben had, you can check out this GQ article. Both the article and the video are quite entertaining, so we highly recommend them. If money were no object, what is one thing or experience you would like to spend a large sum of money on?

That’s it for this month. We hope the above links gave you something to think about and reach out if you have any questions or comments. Also, if you haven’t, take a listen to our podcast, The FI Entrepreneur. We are closing in on a dozen episodes and think we are getting better with every show. What do you think?

Wishing you happiness, regardless of how much money you make, 


The Bona Fide Family

Entrepreneurship

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Greetings all,

We knew we wanted the focus of the October newsletter to be on entrepreneurship, but to be honest, we didn’t really know what direction to go with it. It’s something we discuss with a number of clients individually, but it isn’t something we’ve covered broadly with all of the families we serve. As is often the case when we are feeling a little stuck, it was Google to the rescue. A couple of searches in Google Trends showed that some of the most connected terms to entrepreneurship were centered around ‘challenges’, ‘classes’, and surprisingly (happily so) ‘teenagers’. As entrepreneurs ourselves through several businesses in our lives, this is a topic near and dear to us that we probably should have gotten into much sooner. So, if you’ve ever considered striking out on your own, let’s go!  

READ – 
Considering this newsletter aims to be educational in its nature, it makes sense that the first links cover the question of, ‘Can you teach entrepreneurship?’. The resounding answer from Entrepreneur Magazine and others is, ‘Yes!’. This article also outlines a framework for starting to think about your own entrepreneurial inclinations. Better yet, education doesn’t have to cost a fortune or happen in an MBA course. Estonia happens to be one of the most entrepreneurial countries in the world and they are growing the sector through a combination of government initiatives aimed mostly at younger people and networking. With sites like Teaching Entrepreneurship and increases in classes at college campuses around the country, there are more opportunities than ever to learn about trying your hand at something new (something the pandemic has made much more attractive for a large number of people). There are those that argue the best education in entrepreneurship happens with feet on the ground, but we advise caution before you decide to jump all in on something without first doing your homework.

LISTEN – 
If you do a search for podcasts based around entrepreneurship, you’ll find more than you know what to do with. Sometimes sifting through all the noise is as easy as going with the biggest name in the bunch. One of our favorite picks comes again from Entrepreneur.com. The name of the podcast is Problem Solvers, and forgive the redundancy, but it’s a well-produced and interesting podcast that focuses on real-life examples of people working through problems in their businesses. If you need a hit of inspiration, this is for you. With a history of only a couple of months, The Business Chop, is a new podcast that focuses on “everything from marketing, management, employees, outsourcing, technology, pricing and more”. The episodes we’ve listened to have been interesting and we are excited to see how it grows. This one may be best listened to with headphones. 

WATCH – 
When you’re ready to kick back and head down a YouTube rabbit hole, we’ve got a couple of links for you. The first one is a collection of 50 entrepreneurs giving advice. Some of the biggest names in business are artfully woven together into a collection of nearly 20 minutes of fantastic advice for entrepreneurs. The advice here works no matter what the size of the business or ambition and is well worth a watch. Our second video is a TED Talk from Bill Roche who has worked in classrooms for over 10 years in his PowerPlay Young Entrepreneurs program developing an entrepreneurial mindset in young people. Age is only a number and getting your mindset right before starting on any new venture is one of the most important things you can do. The more time you spend sharpening the ax, the faster the tree comes down. 

We would be remiss if we didn’t add here that we’ve started a podcast in this vein! Check out The FI Entrepreneur: Financial Planning for the Risk Taker wherever you listen. We’re dropping our trailer and episode 1 on Tuesday, October 5!

That’s it for October! We hope there are some valuable links here for you. Putting these together was a lot of fun. Please respond with a comment and let us know what you think! Feel free to share with friends and family and be well until next time. 


Sincerely yours,
The Bona Fide Family

Financial Freedom (Financial Independence)

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Greetings! We hope you and your loved ones are enjoying the fullness of summer! One of our favorite events of this season is the Fourth of July – aka Independence Day. From that cue, we would like to talk about Financial Freedom, or Financial Independence (FI). More commonly known by the acronym FIRE (Financial Independence Retire Early), the FI movement has grown like wildfire over the past decade. Many people realize they really may not totally retire early (or ever!), so the focus of the movement is now more on the freedom or independence to perform work that you love or to not work at all.  The FI movement takes on a huge variety of forms, so there is sure to be something out there for you. 

  • Listen: This is kind of a two-for-one deal. It is an episode from a podcast called Afford Anything where the host, Paula Pant, interviews Joshua Sheets of Radical Personal Finance on his Financial Independence in Seven Stages. This is one of the first resources we dug into as we learned about the Financial Independence movement. It provides us and our clients a useful framework and vocabulary for discussing where they are at in their journey towards Financial Independence. If anything, take a quick look at the list of stages and see where you fit in.
  • Watch: Many people work their whole lives in the hopes of one day retiring and enjoying their ‘time’. The problem is that by the time they retire, they are often too old or infirm to really enjoy the time they have left. In this TED talk, Lacey Filipich shares her moving personal journey towards FI. If you’ve ever wondered if the traditional 9 to 5 is for you, or if the idea of a ‘mini-retirement’ sounds good, then this is a great watch. Lacey lays out the philosophy behind FI and her story is an important example of why taking some time for ourselves is probably the best thing we can do. If you are ready to trade the stuff you pay for, for assets that pay you, then take the time to watch this.  
  • Read: Sounds easy, right? Save a bunch, invest, then let the market and compounding interest do the rest for you. Well, the pandemic and recession have poked a couple of holes in the FIRE movement’s sails. Namely, if you quit your job in your 40s with a plan to live off the income from your investments and real estate holdings, what do you do if the market crashes? This NY Times article takes a look at some examples of people who had started their early retirement and how they have handled it so far. 

We hope you enjoy the links and your Fourth of July!. As always, feel free to share this newsletter with your friends and family and reach out if you have any questions. Is there a topic you would like us to delve into in a future newsletter? Please let us know and we will be happy to consider including it.

Make it an amazing month!
The Bona Fide Family

Presidential Elections and the Market

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What does history tell us about presidential elections and the market? Check out these resources below:

  • Read: This article from Business Insider says the market has been correct a whopping 87% of the time in predicting the outcome of the presidential elections since 1984. If the stock market has been going up in the 3 months prior to the election, the incumbent wins and vice versa. 
  • Listen: Did you know that presidential elections share something in common with lions, sharks, and mosquitos? You’ll have to listen to this amazing podcast with Meb Faber to learn more as Meb gives great direction on healthy investor mentality.
  • Watch: Investors often wonder whether the market will rise or fall based on who is elected president. Watch this video from Dimensional as they share the effects and patterns of presidential elections on the capital markets. The conclusion at the end of the video may surprise you! 

If you find the information provided valuable, please pass this email along to your family and friends! Better yet, recommend them to subscribe to this monthly newsletter by signing up on our website!

You can click on the links below to access this month’s resources. Thanks for reading, listening, and watching!

Investing in Real Estate

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Real estate is a powerful investing tool that can create wealth and financial benefits for investors in ways other assets cannot. We receive questions about this all the time; below are some resources centered around understanding this important financial subject. Whether you are interested in real estate on a personal level or as an investment, these links are a great way to dive deeper into a fascinating topic:

  • Read: This article from Million Acres (a Motley Fool company) details the basics of real estate from an ownership and investment perspective. With the great variety of real estate topics about which to learn, this article is an excellent jumping-off point to utilize as there are tons of links to follow.
  • Listen: One of the tricky things about real estate is that it is so location-specific. Even if you have the desire and funds to invest, you may not be able to find any good deals in your geographic area. That’s where investing outside your local market comes into play. Nick Giulioni discusses his own approach of building a portfolio of real estate in Indiana though he is based in California. While the idea makes many people nervous at first, investing in out-of-state markets opens you up to countless opportunities to find your next great deal!
  • Watch: Bigger Pockets is one of our favorite sources for real estate knowledge. They present real estate concepts in easily digestible bites and this video is no different. Here, Brandon goes over calculating numbers on a rental property. Understanding these calculations is absolutely critical if you intend to invest in real estate.

If you find the information provided valuable, please pass this email along to your family and friends! Better yet, recommend them to subscribe to this monthly newsletter by signing up on our website!

You can click on the links below to access this month’s resources. Thanks for reading, listening, and watching!