All Forum Posts by: Helen De la rosa

@Elliott Elkhoury

That's my conclusion after reading 5 books plus lots of blogs this past long weekend. It's assuring to hear about your insights. Cheers

@George Griffeth

I am on similar track trying to understand the macroeconomic trend such as deficit etc. impact on economy.

On the Robert Kiyosaki series now. Just finished Audible "Rich Dad Poor Dad", "Fake" and moving on to "Guide to Investing " then " Cash Flow Quandrant"

Highly recommend "Fake", where he pieced together quite a few alarming red flags I noticed/observed.

I will check out what you read too. Thanks

@Logan Hassinger @Scott Carson @Becky Kromminga

I visited Quest Trust today. Great resources and very informative. I am planning to go with them for real estate, once I complete re-balancing portfolio - they are located in Houston is a big plus!

@Alan Grobmeier

@Alan Grobmeier @Mike S. @Yolanda Salas thank you for sharing what worked best for you :-)

@Jay Hinrichs interesting, Michael Burry - the guy portrayed in the movie " the big short" ? 

"The second-heaviest holding in the Michael Burry portfolio through the first quarter of 2019 is an interesting one: a small-cap real estate investment trust worth around $500 million." 

https://money.usnews.com/investing/stock-market-news/slideshows/michael-burry-portfolio-stocks-the-big-short-manager-owns?slide=7

@Cody L. Thanks for sharing the additional insights! I think I am going with Kitco - Robert Kiyosaki did a few interviews there, and their quotes look competitive. 

Taking control of my investment/ re-balancing/ diversifying has been my primary focus now, after churning through Morgan Stanley and Fidelity financial advisory services the past few years and couldn't even beat inflation when relying on others to manage...

@Tom Makinen Financial Literacy is a journey itself, one reads and reflects and tries ones best to apply the learning to grow one's financial assets. 

BP community is such a welcoming place where gurus are sharing their success stories to inspire/help other amateur to achieve financial success. 

Real Estate is one of the very important investment vehicles. The point about primary residence is about opportunity cost - I paid off the ~4% mortgage because my money was making somewhat 1% or less sitting in the bank. Now with more knowledge about investment opportunities, I can start pondering about HELOC to leverage...

I would have invested in IUL or UL instead of 529 if I had known about the insurance products earlier. Now my kids have their own IUL , locked in their insurability plus putting the power of compound to work for them at age 6 and 7. Same goes with investing in a IUL/UL+LTC/ABR instead of buying a stand alone LTC, now I know more about these products after getting my life insurance agent license.

May the force be with the BP Community :-)

@Mike M.

Thanks a lot! Got it. Making switch today while the market is open. :)

@Micah Starbuck

Call your 401k administrator to see if they allow 401k loan and the interest rates, terms etc. Some will allow $50k loan with no limit on how you use it. Pp

@Micah Starbuck

Call your 401k administrator to see if they allow 401k loan and the interest rates, terms etc. Some will allow $50k loan with no limit on how you use it. Pp

@Josh E. well said, being the middle class is not easy. now the July 4th dream is figuring how to grow to $10MM quickly then switch to gold/precious metal before hyper inflation kicks in ...lol...