November 2017 / 23 posts found

Renting is better than owning to build wealth — if you’re disciplined to invest as well

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Millennials, take note: If you’re looking to build up your nest egg, home ownership isn’t really all it’s cracked up to be. In fact, a new study published on Thursday shows that renting may very well be the best way to go about it. The numbers, crunched by Florida Atlantic University, Florida International University and the University of Wyoming, determined that the property appreciation most homeowners expect doesn’t necessarily stack up in terms of wealth building. Hence, FAU economist and co-author of the study Ken Johnson says that while the American Dream is alive and well, it needs a revision. […]

Get Un-stuck And Make Real Money

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In speaking with people all over the world, I’ve found hearing other people’s struggles is a fascinating way to helping ourselves breakthrough. This week’s episode is my keynote from CreativeLive’s PhotoWeek. On stage, I sit down with four brave volunteers to discuss some of their biggest pain points, fears, and blind spots blocking us from living, and working toward our dreams.In this episode, I talk about: Defining your dream. Many creatives haven’t defined what they actually want. If you don’t know what you want it will be hard for you to get it. Understanding your why. When the going gets tough, […]

How To Make Money With Gilead?

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Despite stellar developments with the historic approval of CAR-T, the share price of Gilead Sciences (NASDAQ:GILD), a growth company (focusing on the innovation and commercialization of drugs to treat infectious diseases and cancers), continue to head South (after a temporary period of runup). During the Nov. 4 trading session, shares traded down by $1.69 at $71.75 (for 2.33% loss). Some investors are frustrated, seeing the value of their investment receding. Source: Dr. Tran BioSci (Adapted from Google Finance) Share Price Recession Creates Purchasing Opportunities A reader under the pen name Doyle3000 stated, I’m down $50k on paper as well. And, […]

Will More Money, More Systems and More Time Make More Solos Happy?

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On this week’s The Law Entrepreneur podcast, host Neil Tyra and his guest, practicing attorney and Great Legal Marketer Ben Glass had an interesting discussion about the ABA Task Force Report on The Path to Lawyer Wellbeing, released in August 2017. At the time the report issued, I’d thought that it was a relatively innocuous, state-the-obvious piece of work — discussing problems like stress, lack of civility, substance abuse, and depression in the legal profession, and trotting out the stock solutions — supporting bar assistance programs, encouraging civility, and making all members of the profession “stakeholders” in dealing with this crisis. […]

How to Increase Sales and Make Money With Instagram

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You’ve probably heard of models, celebrities, and others winning massive endorsement deals for including product placement or mentions in their Instagram posts. Wouldn’t that be crazy–earning millions for wearing awesome clothes, or posting pictures of yourself drinking beverages you probably would have been enjoying anyway? That’s obviously not a viable business plan for the average company, though. So is it still possible to make money with Instagram, even when you’re a small business? You bet. How to Make Money With Instagram: Five Steps Any Business Can Manage Instagram has proven an incredibly powerful sales driver for large brands that have […]

10 Money-Making Activities You can do in Your Spare Time – Money Hero

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Note: You can also get this guide in PDF form here. I started Money Hero because I love personal finance. Being financially disciplined, budgeting, saving, all of it. But the best part of personal finance has got to be making more money. Who doesn’t like to get paid? So that’s why I put together this guide for you on easy ways to make some side money in your spare time. Many of these tips can be done very easily, with little to no commitment from you. And some of them will take some serious time and effort, and maybe even a […]

8 Ways to Make Money While You Sleep

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If you’re like every other red-blooded human being on this planet, then the thought of making money while you sleep has definitely crossed your mind. However, as cliché; as it might sound or as unattainable as it might seem, actually making money, literally while you’re sleeping, is not only possible, it’s most certainly doable. Yet, we’ve all been through what David Sharpe has coined as the guru gauntlet. Everyone thinks that making money online, while you’re in a restful slumber, is just a dream that can never actually be realized. However, it’s clearly not. In fact, not only are people doing […]

What Is Wealth?

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“If every day I feel I’ve given back, and I have the freedom to do the things that I love and serve other people, then I’m happy to be happy. It makes me so fulfilled.” — Carlo Wolff Kyle Webb, Los Angeles Photo For Kyle Webb, 32, wealth is about opportunity and access. His financial and business success came from two places: One was luck and the other was being born to entrepreneurially minded parents. Mr. Webb is the chief financial officer of his family’s business, Webb Family Enterprises, which operates 16 McDonald’s franchises in Southern California. He said that […]

Three Richest Americans Now Own More Wealth Than Bottom Half of US Combined: Report

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In the United States, the 400 richest individuals now own more wealth than the bottom 64 percent of the population and the three richest own more wealth than the bottom 50 percent, while pervasive poverty means one in five households have zero or negative net worth. “All combined, households in the bottom one percent have a combined negative net worth of $196 billion.” —Billionaire Bonanza Those are just several of the striking findings of Billionaire Bonanza 2017, a new report (pdf) published Wednesday by the Institute for Policy Studies (IPS) that explores in detail the speed with which the U.S. […]

Jeff Bezos: 3 Principles He Credits His Success To – The Wealth Circle

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In 2015, Amazon crossed the $100 billion mark in annual revenues. CEO Jeff Bezos claims that is the fastest any company has ever to done so. Amazon continues to grow at such a rapid rate, analysts have started to chart a path for it to become the first $1 trillion company. Because of its behemoth size, it is no wonder entrepreneurs from around the globe keep a watchful eye on what Amazon does, trying to extract insights into what makes it so successful. The good news is Jeff Bezos has been very upfront about the core operating […]