Increasing our savings and making good investments helps us increase our wealth. While this is true, we also become wealthy from a sudden cash lump sum. This usually occurs 1 of 3 ways: 1) Selling a Business At some point, entrepreneurs sell their business (hopefully for a large amount)....
Read PostAnnual Investment Audit 2020
Our annual investment audit 2020 is here! Investing in 2020 was about being resilient, resisting the urge to sell, looking for opportunities, and rebalancing after things have calmed down. We believe that 2021 will be about going global as sectors and markets affected by lockdowns start to...
Read PostHow Investments Make Money
We invest money with the expectation it will produce a future return on investments. We use this return to achieve a current or future lifestyle. If your money is not growing, it is shrinking. In the absence of it growing on trees, we can earn a return on our investments 3 ways: interests...
Read PostJim Harbaugh’s Creative Compensation Agreement
University of Michigan and football coach, Jim Harbaugh, recently agreed to a very creative compensation agreement. It highlights yet another way you can use life insurance creatively as a tax-free form of compensation. In addition to paying him $5 million in salary, the University of Michigan...
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