The Latest

four plex rental

Rental Property Ups and Downs

  This is year three of rental property ownership for the Eyes on the Dollar family, and wow, what a year it’s been. We went from having one easy commercial building and one single family home to multi-property ownership after buying a very outdated fourplex at the end of last year. Here’s a recap of our rental property ups and downs for the year. FourPlex Mania The earlier part of the year was extremely frustrating and expensive from the landlord perspective. You can read about our renovation experience, but to summarize, we took a property with three apartments (two decent ...

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using an extra $500

What Would You Do With $500?

I love to find articles about the best ways to use an amount of cash. No matter what your financial beliefs, there are basically four ways to use money: spend it, save it, invest it, give it away. The good folks at Mt Edgecumbe Hospital in Sitka, AK are giving me $600 for meals next week while I’m working at their clinic. Unless I make lots of friends and go out every night, I’ll probably get most of my food from the grocery or as take out since I hate eating in restaurants by myself. I’m guessing that will probably ...

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having a happy retirement

Why Everyone Needs a Hobby

“People say that money is not the key to happiness, but I always figured if you have enough money, you can have a key made.  This is from the late Joan Rivers and one of my favorite financial quotes of all time. While I believe Joan is right on many counts, money doesn’t always mean life satisfaction, especially after retirement. That’s why everyone needs a hobby. Retirement After 44 Years of Work! My Dad started full time work at age 23 after receiving a degree in architecture from the University of Kentucky. He was never content working for other people and ...

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3 Tips for Beginner Investors

3 Stock Market Investing Tips for Beginners

If you’re an individual investor in the stock market, the first thing you should know is that the deck is stacked against you. Your investment in a company’s shares will not move the price, so the only way you “win” is by being lucky enough to buy before institutional investors or hedge funds pour hundreds of millions, if not billions, of dollars into the shares you already own. As they say, “a rising tide lifts all boats.” In many ways, if you keep this basic premise in mind, you will understand the following fundamentals of becoming a successful investor. Here ...

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achieving financial goals

If You’re Gonna Talk the Talk……..

  We’ve all heard the expression, “Talk the Talk or Walk the Walk”, meaning that sometimes people talk a really good game but often don’t follow through with any action It’s very easy to say what sounds the best, but the hard part comes when an actual decision has to be made to achieve results, especially if you haven’t been honest with yourself before starting the talk. Tiny House Oxymoron One of my favorite things to do when we stay in hotels is watch HGTV, the only real thing I miss since cutting the cord. As it turns out on ...

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Saving Money