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How to Decide If You Should Tap Into Your Home Equity
If you have a low interest rate on your mortgage, I can understand why you’d be hesitant to pay today’s interest rates to access your equity. However, it’s important to remember that those interest rates in the 2-4% range are of the past. That was a once-in-a-lifetime opportunity!

So instead of measuring your HELOC rates against your mortgage rate, it makes more sense to weigh them against what you can earn on an investment property. So while you might pay 9% to access your home equity, you could get returns to the tune of 18% if you buy a rental property. To me, that would be worth it.

What to Consider About Dealing with a Bad Ex-Tenant
Nobody likes being burned by a tenant or having to pay a bill that doesn’t belong to them. If you want to make things right, you can always contact a lawyer or go to small claims court. However, these things will cost you a lot of time and energy. If it were me, I would just chalk it up to the cost of doing business and move forward.

My Thoughts on Selling vs. Holding Your Investments in Tough Economic Times
Personally, I won’t be selling any real estate or precious metals. These assets are a hedge against inflation and a great way to preserve your wealth. I can’t tell you what to do, but it is important to recognize that billionaires largely hold their assets throughout all cycles of the economy.
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals….(read more)

LEARN ABOUT: Investing During Inflation

REVEALED: Best Investment During Inflation

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Inflation has been a hot topic of discussion in recent months as prices continue to rise across the board. Many economists have been pointing to various factors such as supply chain disruptions, increased demand, and rising wages as reasons for the uptick in inflation. However, there has been a lingering question as to whether or not the official inflation numbers truly reflect the reality of the situation.

Recently, some experts have come forward to admit that the official inflation numbers may not accurately capture the full extent of the problem. The truth about inflation is not good, and it may be much worse than we have been led to believe.

One of the main reasons why the official inflation numbers may be misleading is due to the way in which they are calculated. The Consumer Price Index (CPI), which is used to measure inflation, tracks the prices of a fixed basket of goods and services. However, this basket may not accurately reflect the changing consumption patterns of consumers, especially in light of the pandemic.

For example, the CPI may not fully capture the increase in prices of essential goods such as food and housing, which have seen significant inflation in recent months. Additionally, the CPI may not accurately account for rising costs in areas such as education, healthcare, and transportation, which can have a significant impact on households’ budgets.

Furthermore, the CPI may also not fully capture the impact of inflation on low-income households, who spend a higher percentage of their income on basic needs. This means that the official inflation numbers may not accurately reflect the true cost of living for many Americans.

So what does this mean for the average consumer? It means that the cost of living may be higher than we think, and our wages may not be keeping up with the pace of inflation. This can put a strain on households, especially those already struggling to make ends meet.

In order to address the issue of inflation, it is crucial for policymakers to take a closer look at the official inflation numbers and consider alternative measures that may provide a more accurate picture of the true cost of living. Additionally, efforts need to be made to address the root causes of inflation, such as supply chain disruptions and rising demand, in order to bring prices back under control.

In conclusion, the truth about inflation is not good, and it is important for consumers and policymakers alike to be aware of the true extent of the problem. By addressing the underlying causes of inflation and better measuring its impact, we can work towards creating a more stable and affordable economy for all.