Easy Street Investing

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This could make you money immediately

by Nilus Mattive |

Last week, I pointed out that where you choose to live can have a massive impact on your ability to build wealth.

The argument, in a nutshell, was that various locations levy different levels of taxes. And obviously, all other things being equal, the more you save, the wealthier you can become.

Of course, most people can’t just switch hometowns on the fly. But nearly everyone CAN switch insurance carriers rather easily. And at the risk of sounding like a commercial, doing so may very well save you quite a lot of money … with absolutely …

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The What (Asset Allocation) & Where (Asset Location) of Investing

by Grant Wasylik |

Asset allocation is paramount.

Numerous studies confirm it. They show, time and again, that asset allocation accounts for 90%-plus of your investment returns.

As you probably know, asset allocation means implementing an investment strategy that seeks to balance risk vs. reward. You do this by adjusting the percentage of different asset categories in a portfolio according to your risk tolerance, goals and investment time horizon.

The classic "60/40 model" is a real-life example. "60/40" refers to 60% in equities and 40% in fixed income. This numeric breakdown has been a widely used catch-all for financial advisers …

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Cost of Living vs. Quality of Life

by Nilus Mattive |

I just spent this past weekend loading up a moving pod, and it’s now on its way to California. Pretty soon, my family and I will be meeting it there and adjusting to a new life in a new place.

This is something my wife and I have already done a few times before — New Jersey, two apartments in New York, three different houses in Florida, two towns in Pennsylvania — OK, maybe more than a few times before!

And while we have learned lots of things from these various moves, one particular financial aspect …

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Financial Lessons Learned from Pro Athletes

by Grant Wasylik |

The stories of pro athletes making millions of dollars and ending up broke are plentiful.

Ones like these …

Six-time pro bowler Terrell Owens amassed more than $80 million during his 15-year NFL career. However, he filed for bankruptcy in 2012 (two years after playing his last regular season game for the Cincinnati Bengals).

Antoine Walker won an NBA championship with the Miami Heat in 2006. He was also a three-time All-Star. Walker earned over $108 million during his 12-year NBA career. But he filed for bankruptcy in 2010 (two years after retirement).

Lenny Dykstra was …

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