Unconventional Ideas, Thoughts, and Guidance on Making Smart Financial Decisions.
Good question. I’m assuming that you’re asking this question because you are, for whatever reason, expecting to be the recipient of $12 million. This could be from an inheritance, the sales of a business, winning the lottery, or something else. Whatever the source of the funds, congratulations! I’ll also assume that after taxes, you’ll be …
Question from Quora: I don't believe in investing in some boring stock not touching the money for years and making 6–7% a year if you are lucky. I want to pick one stock that I trust will do well and double or triple in value but has a high risk factor, is it really a bad …
Here's the back-story -- a Quora user asked this question, and stated the following: I'm 30 years old and bought a house a year ago, valued at ~750k on Zillow, and I owe $400k (4.25% interest) on it. I've always liked the idea of living mortgage free, but is it worth paying off the lower …
There is only one “thing” that you can invest in that has the potential to reliably yield returns that are significantly higher than individual stocks (or the entire market), real estate, bonds, and all of the other “popular” investments. This is one of the best kept-secrets in the world of investment, and I’m about …
Continue reading "What are best things to invest in (question asked of me on Quora)?"
On Quora, someone asked how the average person should invest his or her money. One of my followers requested that I answer this question. Below is my answer. When reading this question, a number of follow-up questions come to mind, such as: How old is this person? What are this person’s goals? Does this person …
Continue reading "The Perfect Investment for the “Average” Person"
Jim, a close friend of mine, has mentioned to me more than once that he feels a bit behind-the-curve. He's 35 and has never owned a home or any sort of real estate. He's a manager for a large telecommunications company and is paid well. That said, he just recently paid off some credit card debt that he racked up in the past.
Welcome to On.Cash. I'm Russ. This is my first blog post*. Well, sort of. Let me explain. Hi. I'm Russ. I am a technology enthusiast. So much of an enthusiast, in fact, that I started a technology company at a young age. I ran this company for about 20 years, and in 2016, I decided to merge my company with another company in the industry. I continue to work for this business as the company's Chief Information Officer.
