What is deflation? Is it the opposite of inflation? And if so, is it a good thing? Before we dive in more, let's define what inflation is according to Wikipedia: "Inflation is defined as an increase in prices and the fall of the purchasing value of money." The truth is, deflation isn’t exactly the opposite of inflation and it’s never a good thing. Read on to find out more about what deflation is really about. Deflation Definition Deflation is the reduction of the general level of … [Read more...] about What Exactly Is Deflation? Everything You Need To Know
If we look back in time at the amount of money our parents, grandparents and great grandparents were paying for items like candy, clothing, cars and even houses, we will notice that those prices seem unbelievably low as compared to today’s rate. The rising of prices over time is due to a little something we like to call inflation. Many of us know what inflation is in a broad sense, but getting a better understanding can prepare us in terms of handling our finances. This article will take an … [Read more...] about Learn About Inflation: Everything You Need To Know
Silver and gold are precious metals that have been known to yield income for savvy investors, but there are a few things you should know before taking a risk. I flipped gold back during the last great recession and it worked out pretty well. But, I sold all my holdings when it started going down from it's all time high of being just under $2,000 dollar per ounce back in 2012. Back in 2012, the stock and real estate markets were very undervalued at that time and I could not resist rolling that … [Read more...] about Should You Invest in Gold or Silver?
In the world of real estate and business it’s very common to hear about Bridge Financing. The concept is pretty straightforward but can be a bit confusing to understand at first. I remember the first time I heard about bridge loans and my imagination went crazy, I had a picture in my head of an actual bridge getting built. Luckily that only lasted a few seconds and I heard the words “Bridge loans are used for short term financing” by the person who was explaining it to me. Below, I’m … [Read more...] about Bridge Loan Basics: For Real Estate And Business