Losing All Your Money Investing On Margin Is Not The Worst Thing

“What happened to your friend who bought Tesla stock on margin,” a reader asked. He likely lost a lot of money, but I haven’t asked for details. That would be rude.

On March 31, 2021, I published a post entitled, Buying Stocks On Margin Is A Bad Idea: You Could Lose Big. I wrote the post because I was alarmed by my softball friend’s excessive risk-taking.

When compared to what he was earning as an educator, his position was a huge red flag. Given he also wanted to start a family, I tried to encourage him to be more conservative during 2021’s stock mania.

I learned my lesson during the 1999 – 2001 dotcom bubble collapse while working at Goldman Sachs. Fortunes are easily made and lost, which is why I encourage readers to regularly convert funny money into real assets. This way, you increase your chances of protecting your

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17 Best Ways to Invest $2,000 to $3,000

Having $2,000 to $3,000 to invest is a good feeling, but how you allocate those funds can impact your finances more than you might realize. Where investing your small nest egg and adding to it regularly can lead to significant returns over time, stuffing $2,000 to $3,000 in cash under your mattress can mean losing money to inflation over time.

Before you decide where to invest $2,000 to $3,000, think about when you’ll need the money. While some options are designed to keep your money safe in the short term, taking on more risk can yield better results over the long run.

To help you figure out what to do, here are 17 of the best strategies for investing $2000 to $3000.

Best Short-Term Investments for $2,000 to $3,000

While investing $2,000 to $3,000 can help you make progress towards any number of financial goals, there are situations where you

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12 Best Paying Jobs in Real Estate Investment Trusts (REITs)

Unless you’re one of the few people who knows exactly what they want to do with their life, choosing your future career can be challenging.

With a high job satisfaction rate and a healthy real estate market, more people are turning to the real estate industry.

Within the industry, it is estimated that Real Estate Investment Trusts (REITs) supported 3.2 million jobs in 2021, according to a study commissioned by the National Association of Real Estate Investment Trusts (Nareit).

The market continues to expand, creating more opportunities for career growth in various property management and development positions.

In this article, I’ll share the best-paying jobs in real estate investment trusts and related information you’ll want to know to make an informed decision about your career.

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2023 Financial Samurai Goals: Back To Easy Living

Happy New Year everyone! I’ve made goals publicly for over ten years because it helps keep me accountable. Making goals also makes the year more exciting and challenging. Hence, here are my goals for 2023.

Once again, I’ve divided the goals into five categories: Health, Wealth, Family, Financial Samurai, and X-Factor. My goal is to achieve 70% of my goals.

Health Goals For 2023: Maintenance Mode

1) Stay the same weight

Instead of a weight loss goal, my goal is to play tennis or pickleball four times a week on average all year. Better fitness and mental health will naturally come with regular activity.

I will stay the same weight of between 167-168 pounds all of 2023. The ideal weight chart says I should be between 151 – 163 pounds at 5’10”. But screw that! I’m not a teenager any longer.

2) Stay injury free

At 45, my mind is

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22 Best Passive Income Apps to Make Money [2023 and Beyond]

You can only work so many hours per day, so if you want to build wealth, you will need to make money while you sleep. For this to happen, you must find ways to generate passive income. Unfortunately, earning passive income can seem overwhelming as it often requires a lot of money or effort upfront to see any returns. 

Thankfully, there are many passive income apps you can use to create new sources of income on top of your nine-to-five, so you can have money coming in even when you’re not working. 

While many side hustles can feel like a second job, here are 22 passive income apps for those who want to make extra money without using up all their free time. 

1. Fundrise

We all know real estate investing is a decent way to earn an extra income, but the reality is that becoming a landlord is a

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