LifeManaged Blog
The Financial Life Truths You Aren’t Being Told
Unfortunately, our current society doesn’t always reward the truth. Tell someone the truth and you will likely be perceived as rude, inconsiderate, selfish or unkind. The reality is, that truth hurts, and people don’t want to hear the truth because we are...
The Average Arizona Retirement
Would you quit your job today for a fixed income of $60,500 per year? According to John Csiszar, of GoBankingRates, a comfortable Arizona Retirement costs $60,503 per year. See our hypothetical budget of a retired couple with a mortgage-free $350,000 home and a...
Stock Market Corrections, Bear Market Pockets and Safe Haven Assets
A bear market is when securities prices fall 20% or more from recent highs. This period of falling stock prices come from widespread pessimism and negative investor sentiment. This term “bear market” got its name from the way a bear attacks its prey,...
The 3% Buyer’s Agent Commission
Information asymmetry is one of the biggest contributing factors to financial mishap. In the financial services sector, structure and incentive compound this information gap. The word “Fiduciary” often gets thrown around as the Fiduciary Ruling was one of...
500% Returns on Life
Money is a resource. Abundant resources allow you to enjoy what is important to you. NOT worrying about your finances is essential to living a life that excites you, supports those you love and satisfies your greatest desires. Imagine your life if you had...
Holding Periods Do Matter, But
We are at economic war with China. I am not forecasting here, BUT, what if we see another long sideways period ahead? Are you prepared for that? What should you invest in? The first chart is of two new investors who have finally decided to dip their toes in the...
Selling your way to Freedom
As sales professionals, you are in direct control of your future. You have limitless opportunities, unmatched job security, freedom, and a great income — All of this assumes you AREN’T average. Above-average commercial real estate brokers, medical device and...
Why do I need Behavioral Financial Advice?
There is no shortage of investment advice this day and age. The abundance of information has made it difficult for investors and every day working professionals to choose the best path towards financial freedom. Do you buy real estate? Do you buy stocks? Should you...
Real Estate Millionaires Stories
We all have real estate millionaires stories. Did your friend get 10 houses from tax-lien investing and miraculously took over these properties for pennies? Did you hear a real estate millionaires podcast from one of the best marketers, Grant Cardone? I am sure you...
How market crashes benefit dollar cost averaging strategies
Would you rather turn $100,000 into $200,000 or $500,000 into $1,000,000? The percentage returns in this scenario over time are the same, but we have two drastically different nominal numbers. I imagine everyone would choose to double their $500,000, but...