For busy entrepreneurs and professionals with time constraints due to demands on their time at work or in their businesses, investments that generate passive income are essential for building wealth. And that is why cash-flowing real estate, specifically commercial real estate (CRE), is consistently at the top of the list of preferred investments of wealthy […]
Author Archives: Michael Foley
19
Sep
Sep
In the ever-evolving investing landscape, the conditions may never be more ideal for investing in private alternatives like commercial real estate. The confluence of the election cycle and declining interest rates presents a particularly promising environment for investing in private alternative assets such as commercial real estate (CRE). For savvy investors, this combination can offer […]
29
Aug
Aug
Whispers of a recession are becoming louder as cracks begin to appear in the labor market. Jon Wolfenbarger, a 32-year market veteran, has been warning of a downturn for some time now and recently commented that employment indicators showing the labor market is falling apart point to a recession, which could sink stocks by as […]
19
Aug
Aug
Are you ready for retirement? Well, for many upcoming retirees, the answer is probably no. As retirement looms for the millions of baby boomers entering retirement in the next few years who will be relying on their 401(k)’s, the stark reality is that most 401(k)’s will fall short of providing retirees with sufficient funds to […]
08
Aug
Aug
In the realm of financial advice, the tale of Paul and Sue Rosenau is a cautionary tale about why you should be careful with who you’re entrusting your investment capital to. Their story is a sobering reminder of the dangers of placing trust in self-interested financial advisors, who may not always act in their clients’ […]
29
Jul
Jul
What the events of the past couple of weeks have reiterated is that others may be in control of many aspects of our lives. Your retirement is one of those aspects. The recent financial upheaval caused by a massive IT outage involving cybersecurity software CrowdStrike highlights a critical vulnerability in the stock market, shaking the […]
05
Jul
Jul
There’s no documented proof that Thomas Jefferson ever said the following statement, but the wisdom of those words is undeniable. “If you want something you’ve never had, you must be willing to do something you’ve never done.” –Thomas Jefferson (unconfirmed) Do you aspire to be wealthy? Have you ever seriously considered the above question? Do […]
25
Jun
Jun
The mindset of an individual investor and that of a savvy, ultra-wealthy investor are very different. Driven by emotion, the constant search for excitement, and being part of the crowd, average individual investors gravitate toward speculative investments despite their inherent risks and high probability of failure. In contrast, savvy ultra-wealthy investors prefer stable, long-term, income-producing […]
12
Jun
Jun
Do you invest like you’re playing a game of Whac-A-Mole? Are you constantly trying to score points by anticipating when and where the next mole is going to pop up? As is often the case, maybe sometimes you’re too early or too late and miss out on scoring a point. In the same vein, are […]
01
Jun
Jun
A common misconception is that a primary residence is an asset rather than a liability. A single-family home used as a primary residence is a liability, not an asset. Just total up the monthly expenses that go into your home vs. any income it generates. As a primary residence, you’re only spending money, not making […]