Real Estate
The Windy Abacos
I wanted to post a quick update. It has been one of the windiest winters here in the Abacos in many years. The temperature has also been lower than average. Winds have been 20 to 30 knots on many days. Daytime highs have often been about 70 degrees and night time lows have been as […]
The Biggest Financial Surprise in Retirement that I did not Expect before Retirement
One reader recently asked a question, “What was the biggest financial surprise in retirement?” You might guess that my answer might be the high costs of health care. But I had done a lot of research concerning health insurance before I retired, so I knew all the options and costs associated with this expense.
Recency Bias
Recency bias is not a term you often hear in the investment world, but I have read about it and seen other people experience this thought process when it comes to investing in the markets. I believe recency bias is one of the causes of why so many people sabotage their investments by “buying high […]
The Art of the Deal
This post may be a little off topic, but since I have written several posts on real estate investing, I thought it might be helpful to explain one of the most important skills I have developed over the years. This post will be about the basics of how I negotiate real estate transactions.
Why Did We sell Our home? (Part 2)
This post is a follow-up to my last post on why we sold our home. In that post I discussed the opportunity to sell our home at a premium price and, despite the fact we loved our home, we concluded that selling our home would better enable my wife and me to change our lifestyle […]
Why Did We Sell Our Home?
In my last post I mentioned that my wife and I recently sold our primary residence. This action would appear to be in direct conflict to the statement I made in my last post concerning real estate. I stated that real estate is at the best value it has been in over a decade and […]
My First Real Estate Investment in 13 Years
In a recent post I described in detail a real estate investment of a single family home I have owned for 20 years. In my opinion it has been a pretty good investment for us. In this post I will describe my first real estate purchase in 13 years.
A Real Estate Investment After 20 Years; Was it Worth It?
Next month marks the 20 year anniversary of the purchase of my first long-term real estate investment. In this post I thought it might be instructive to describe the actual transaction I made 20 years ago, the major events during the life of this investment, and the financial benefits my wife and I enjoy today. […]
The Most Important Investment Concepts I Have Learned
As a follow up to my previous post on How a Bad Investment Experience Changed My Life, I will discuss in this post what I think are the most important investment concepts I have learned from my investing experience and research. I have talked about these concepts in previous posts but, to start off the […]
How a Bad Investment Experience Changed My Life
Recently I had lunch with an old friend. My friend is about ten years younger than I am and is still working. He asked me a question that I had to think about. My friend wanted to know what are the most important investment lessons that I learned over my investing life. In this post […]
