Is Real Estate Investing Right for You?
If you’re tired of the 9 to 5 grind, investing in real estate could be your path to achieve financial independence and retire early. Most successful investors can spend more time doing the things they love. Instead of worrying about deadlines or a pushy boss, they work a few hours every month. Many investors purchase luxurious vacation homes that can also earn money on VRBO and AirBNB. The first step to unlocking this freedom is getting together enough cash for your first down payment on a new property.Continue Reading
Purchasing Your First Luxury Automobile
Once you have enough invested that price is no longer an issue, you may want to shop around for a luxury vehicle. Here are the specifications for a few different levels luxury automobiles so you can compare: 2023 Rolls-Royce Phantom Specifications ESTIMATED BASE PRICES: Phantom, $450,000;Phantom EWB, $500,000 ENGINE TYPE: twin-turbocharged and intercooled DOHC 48-valve V-12, aluminum block and heads, direct fuel injection Displacement: 412 cu in, 6749 ccPower: 563 hp @ 5000 rpmTorque: 664 lb-ft @ 1700 rpm TRANSMISSION: 8-speed automatic DIMENSIONS:Wheelbase: 139.8-148.5 inLength: 227.2-235.8 inWidth: 79.4 in Height: 64.8-65.2 inTrunk volume: 19 cu ftCurb weight (C/D est): 5650-5750 lb PERFORMANCE (C/D EST):Zero to 60 mph: 4.5-4.6...Continue Reading
Choosing a Next Gen Console for Your Family
The PS5 vs Xbox Series X debate remains intense. Reviewers we were suitably impressed with both games consoles and remain so, with the two machines gaining more features and games as the latest generation gathers pace. But if you can only choose one, you’ll want to find out which one is best for you. PS5 vs. Xbox Series X: Specs PS5 Xbox Series X Price $500 (PS5); $400 (PS5 Digital Edition) $500 Key Exclusives Spider-Man: Miles Morales, Horizon II: Forbidden West, Gran Turismo 7 Halo Infinite, Senua’s Saga: Hellblade 2, Forza Motorsport 8, State of Decay 3...Continue Reading
Are Solar Panels a Good Long Term Investment?
Renewable energy is the new thing these days, and with so many investment opportunities, it’s hard to know if investing in something is really going to “save tons of money.” So, do solar panels save money? Is solar worth it? How much do solar panels for the home cost? How Much Do Solar Panels Save? If you want to understand how much money solar panels save on your electric bills, you first need to calculate how much you’re spending on electricity every year. For example, the average annual electricity usage in a U.S. household is...Continue Reading
Choosing Between a Hybrid and Electric Vehicle
The difference between hybrid and electric cars comes down to how the car is powered. A hybrid is powered by both a combustion engine and electric motor, with separate batteries for each. An electric vehicle uses only a battery and an electric motor to run. Both have a lower environmental impact than gas-only cars, but they differ in upfront cost, driving ranges, maintenance costs, and ease of refueling or charging. Pros and cons of hybrid vs. electric cars Consider these factors when deciding which is better for you, hybrid or electric cars: Homeowner...Continue Reading
What 401K Contribution Level Should You Choose?
When starting a new job, filling out all the forms can be very confusing. Many do not know how much to contribute to their 401Ks. 401K contributions are generally taken out of your paycheck pre-tax and represent a certain percentage of your gross pay. To determine your contribution, simply review your employer’s benefits plan for the “Employer Match %” in the 401K section. If you have trouble finding it, ask your HR rep. The plan will say something like “Employer matches up to x%,” which means you must set your contribution to at...Continue Reading
Choosing the Right Vacation Home for Your Family
When it comes to purchasing a vacation home, families looking to escape their homes and explore a new area are finding purchasing a vacation homes to be a great option. Whether you love to ski, soak up the rays at the beach, take the boat out at the lake, or enjoy hiking in nearby woods, if you have the disposable income available now, you may be able to recoup some or all of your costs by renting it out when you’re not there. You’ll need to check out different areas on VRBO and...Continue Reading