Billionaire Andrew Carnegie was once quoted saying that “90% of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined.” I don’t know if that number is true, but it’s undeniable that real estate has been a consistent place for long-term wealth creation....
Read MoreThis article was originally published on Forbes.com. With housing prices having just finished their eighth consecutive year of strong gains, you may be sitting on a good amount of equity in your home. Sitting on that equity can feel great. But is it the smart choice? Or, does it make sense to take advantage of...
Read MoreThe 6th and final part of this series on the economy in 2021 takes a look at Aspen Funds. This part covers the fund strategies, performance throughout 2020 and the COVID crisis, and positioning moving into next year. See below for parts 1-5 of this economic series. https://www.youtube.com/watch?v=jEl3DrmoB9s Aspen RPN Strategy - Income Fund In...
Read MoreUPDATE: To see more recent economic forecasts, check out the summer 2021 Housing Market Projections update and the Inflation economic impact update. Part 5 of our series on 2021 economic predictions covers the stock market. Topics include the business valuations in the S&P 500, P/E ratios and subsequent historical and projected earnings, and our predictions...
Read MorePart 4 of our series on economic predictions in 2021 will cover real estate, including trends in urban flight, single family housing, mortgage delinquencies, housing prices, and details on whether or not there's a housing bubble. https://youtu.be/u9sql04Wegg Economic Tides vs Waves One of the things I realized decades ago, was that when the tides come...
Read MorePart 3 of our 2021 economic forecast will examine Biden's proposed tax plan and it's effect on the US economy, including an overview of the proposed changes and their impact on investments and asset prices, as well as minimum wage increases and unemployment rates, and post-crisis stimulus and recovery. And in case you missed them,...
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