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However, that difference compounded over nearly 100 years was enough to destroy the purchasing power of the money you carry in your pocket by over 90% – not just once, but twice – in the last 100 years. The government doesn’t have the political will to directly tax wealth; it does it in an underhanded way by destroying the value of the currency the wealth is priced in. I asked myself a simple question: “How would my life be different if every dollar I had today was still worth a dollar when I’m 90 years old, and worth a dollar when my grandchildren are 90 years old? The purchasing power of your savings doesn’t decline with time, but holds constant instead.

To properly optimize your 401(k), you’ll need to have a full understanding of two things: the investment choices available in your plan and the annual fees you’re paying to invest in your plan. In fact, TD Ameritrade conducted a survey in which they found that 37% of 401(k) plan participants didn’t believe they were paying any fees, 22% didn’t know whether they were paying fees or not, and 14% weren’t sure how to figure out how much they were paying. When you review your analysis, it’s helpful to understand the types of fees you’ll be looking for, and what services each of these fees covers. The three primary types of fees you’ll see in your 401(k) plan are plan administration fees, investment fees, and individual service fees.

* What investment solution do you wish was available but can’t find anywhere? * If the “investment fairy” could wave here magic wand and solve any investment problem for you then what would it be? If you invest, then it’s a near certainty you’ll encounter investment fraud. This book will show you how to recognize investment fraud so you don’t become the next victim.

It’s the same reason you don’t want to own long-term bonds (be a creditor) as interest rates rise because the value of your bonds decline. Below are my personal rules for real estate investing that attempt to strike a reasonable balance between risk and reward: • Finance only with with long-term, fully amortizing, fixed rate mortgages. Remember, the goal is a long-term hold that puts cash in your pocket today and increases those cash flows as inflation rises while providing moderately leveraged equity growth to build wealth in real terms after inflation. While these rules are designed for investment real estate, there’s a low risk way for every homeowner to capitalize on this investment strategy as well.