income property investing

standard Stuff You Should Stop Doing After 40

While we’re strong proponents for maintaining youth as long as possible, we also favor giving up stupidity at the earliest opportunity. Certain activities that were swank in college probably aren’t now. If you’re not picking up what we’re putting down, let’s get specific. By the time you’ve been on the planet four decades, it’s not so swank to do:

Jell-O shots – If you have no idea what this is, congratulations.
Karaoke after Jell-O shots – Okay, pretty much anything involving Jell-O shots should have gone the way of the dinosaur by now.
Karoake – Sure, it’s funny at first but at what cost? Dignity?
Karaoke after midnight – Okay, pretty much anything involving karaoke is out after 40.
Breaking a plank with your head, hand, foot, elbow, butt, or any other body …

standard 4 Ways to Produce Income (Which Do You Prefer?)

We’ve always been of the opinion that the swankiest lifestyle of all is the one that allows you to work less and earn more. Sounds like an oxymoron, doesn’t it? But to those lucky few who have set up shop in the land of passive cash flow via income property investments, it’s a reality. There are essentially four ways to produce income in this world (leaving out the trust fund kids and welfare recipients). Let’s take a look at each and decide which path a real swankster chooses.
Employee (Time = Money)
There’s no shame in working for an hourly wage. You’re in good company with the majority of the population. The only problem is that your wealth is limited by the number of hours in a day. You might …

standard Gold – Not As Swanky As You Think

What’s been swankier than gold down through the centuries? Not much, if you listen to conventional wisdom. As tooth, neck, and limb bling, maybe it’s still okay, but not so much when it comes to investments. Here’s why.
The price of gold today is $1,712.82 USD. When considering how this precious metal has surged in value over the past decade (it was below $500 in 2001), it’s no wonder millions of Wall Street investors have begun to put a bit of gold in their portfolio, while millions of others remain sitting on the fence, contemplating doing the same. Swank Life founder, Jake Swank, would like to remind everyone that while gold is certainly a better bet than Wall Street stocks, bonds, and mutual funds, there are a few basic …

standard How to Legally Take Advantage of Your Bank

We’ve always been of the opinion that it’s pretty swanky to know your way around financial circles. If that’s the case, then banks must be the swankiest of them all. They know their investments cold, in, out, and upside down. There’s not an angle they haven’t calculated or a numerical permutation they haven’t figured. So how exactly can an individual investor turn the economic tables on their favorite national or local lending institution? It’s actually quite easy. Take out a long-term, fixed-rate mortgage tied to a piece of income producing property.

standard How to Invest – the Short Version

Our apologies if you were raised to believe that great wealth could be built over decades of a slow, steady invest in Wall Street stocks, bonds, and mutual funds. From experience, and we’ve had a lot of it, the facts simply don’t bear out this assertion any more. This is not to say no one ever makes money through stock investments, only that, thanks to big-time operators and wild speculation driven by global events, this surely isn’t your grandfather’s stock market anymore.