by Tim Fergestad | Oct 10, 2024 | Business, Finance
Have you ever been told that high risk = high returns? Banks and casinos love that myth. YES, you can win a lot of money playing the lottery, but is the return on that risk worth it? The odds of winning the Powerball are about 300,000,000 to 1. To put this in...
by Tim Fergestad | Sep 18, 2024 | Business
“Bubbles go up very slowly as euphoria builds. Then fear hits, and it comes down very sharply. ” – Alan Greenspan In the world of single-family real estate, home prices hit a record high in May. Interest rates are up and prices are still going up! People...
by Tim Fergestad | Sep 5, 2024 | Business
You can use an eraser on the drafting table or a sledge hammer on the construction site. —Frank Lloyd Wright Investing in real estate holds the promise of significant wealth accumulation, but it’s not without its pitfalls. Many investors, both seasoned and...
