Posts in category "Real Estate Investing"

Winning the Money Game - The Invested Life Season 2 Episode 3

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In this episode, I draw an analogy of winning the money game with my favorite sport…football!  I explain that in order to win the money game, you have to think of your financial strategies like building a championship football team. With Tom’s current investments in real estate, I make an analogy that this is like... Read more »

Financial Field Trip - The Invested Life Season 2 Episode 2

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In the last episode, Tom admitted his fear of re-engaging in investing.  After all, who wouldn’t be afraid of the stock market after losing $500k in a day? (Or worse, telling everyone of your friends that the stock market is bad, bad, bad!) In this episode, Tom faces his fear head-on.  This time though, he... Read more »

How to Get a Mortgage in a Tough Economy with So-So Credit

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Lending standards for mortgages are tougher than ever, after the mortgage meltdown that led to the current mess the housing market is in. The Federal Financial Institutions Examinations Council said roughly 1 in 4 mortgage applicants was denied in 2010.  However, the US Department of Housing and Urban Development says there is money to lend.... Read more »
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Mistakes of Celebs and Athletes Going Broke: Lessons We Can Apply

Mistakes of Celebs and Athletes Going Broke: Lessons We Can Apply
Do you feel sorry for celebrities and athletes who get the fame, spotlight and money thrown at them…and eventually go broke?  Well, boo-hoo. During the Kyles Files segment on last night’s WGN TV 5pm news, Kyra Kyles unveils some celebs that you never thought would be in deep financial distress.  Namely, R. Kelly, Nicholas Cage... Read more »

Meet Tom Stanley of High Rise Investments: My Client for Season 2 of The Invested Life

Podcast Powered By Podbean How would you feel if you lost $500,000 in ONE day and later have to deal with reinventing yourself from life after bankruptcy?  Could you imagine what you would have to deal with financially, emotionally and personally?  Well, Tom Stanley persevered and did just that.  Today, he owns High Rise Investments,... Read more »

Homeless to Self-Made Millionaire: Former US Marine Shares His Rags-to-Riches Story

Homeless to Self-Made Millionaire: Former US Marine Shares His Rags-to-Riches Story
Podcast Powered By Podbean “I was so broke, I took a shower while it was raining in a church parking lot,” says Matt Morris author of The Unemployed Millionaire. Talk about a defining moment…or as we say on the Money Smart Show, a “GOoD” moment. Matt was so broke, I think he was also trying... Read more »
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Lower Your Taxes - Free Money Smart Webinar Tonight

Are you tired of hearing government problems that eventually place the burden on us taxpayers by finding ways to increase taxes? For example, Illinois just increased it’s state income tax by 66% two weeks ago while 46 out of 50 states are simultaneously in financial turmoil. As many of us where inspired with President Obama’s... Read more »

What Expiring Bush-Era Federal Tax Cuts Mean to Your Wallet

What Expiring Bush-Era Federal Tax Cuts Mean to Your Wallet
While flipping between college football games, Chicago Bears updates and the Manny Pacquiao fight, nothing was more prevailing on the news this weekend than the discussion of the expiring Bush-Era tax cuts at the end of 2010.  What we are facing within the next 6 weeks is the beginning of one of the largest tax... Read more »

Using a Self-Directed IRA to Invest in Chicago Real Estate

Using a Self-Directed IRA to Invest in Chicago Real Estate
Fed up with the ups and downs of the stock market, people today are looking for solutions to take better control of their retirement savings. A little-known but powerful financial strategy is utilizing a self-directed IRA. Often times, investment advisers and financial planners only discuss stocks, bonds and mutual funds for retirement planning options.  But... Read more »
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