Real Estate blog

Lots of ink has been spilled on how our jittery market is impacting homeowners. But it’s hard to find anyone writing on the question that looms largest in the minds of most investors: what do I do now?

There, of course, is no single right answer to this questions – it will depend you’re your risk appetite, your local market, your time horizon, and your view of what the market is going to do next. But from where I sit I see five basic paths forward for investors in 2008:

(more…)

I usually steer away from books and websites with the word “millionaire” in the title. In my opinion readers benefit from sources that teach them how to do something well, not from advice on getting rich.

There are exceptions, however, and a notable one is Stanley and Danko’s The Millionaire Next Door, an enlightening study on how most wealthy Americans earned (and keep) their net worth. They theorize, in a nutshell, that most wealthy Americans got that way though a combination of shrewd business sense and frugal living.

(more…)