Mar 16

The main advantage of a property investment in Chicago Illinois is You get a walkable downtown with great public transportation. Many apartments overlook beaches or harbors on Lake Michigan.

Average Home Prices Chicago Illinois

Chicago property can be expensive, prices of Chicago condos go from the $300,000 to $1 million or more. According to the National Association of Realtors, the average selling price in Chicago area in 2010 was $204,000.

written by Constantine Njeru \\ tags: , , , , , , , , , , , , , ,

Mar 07

If your goal is to retire a millionaire by age 65 then you have to start saving early.  The following calculations are based on a saving time frame of 30 years and the savings are earning 8% annually

Lets assume you are 35 years,

You’ve saved: $0

To reach $500,000, what you need to save per month: $335

To reach $1 million, what you need to save per month: $671

To reach $2 million, what you need to save per month: $1,342

You’ve saved: $25,000

To reach $500,000, what you need to save per month: $152

To reach $1 million, what you need to save per month: $488

To reach $2 million, what you need to save per month: $1,159

Data calculations courtesy of yahoo, to see more calculations visit yahoo finance.

written by Constantine Njeru \\ tags: , , , , ,

Jan 05

Richard Lustig has won the lottery seven times. In an ABC interview,  Richard claims he was not just lucky to win but he won seven times because he has a strategy for winning the lottery. It is a strategy that he says has won him more than $1 million.

Richard has a two point strategy for winning the lottery.

Strategy for winning the lottery

This is how he explains his strategy for winning the lottery ;

Most people buy a $1 ticket and win $10 and they put the $10 in their pocket,” says Lustig. Those people are playing the game wrong. Instead, he says, if you win $10, then you should buy $11 worth of tickets because “if you lose, you only lost a $1.

Strategy for winning the lottery

“If you’re going to play lottery games try to use some common sense,” says Lustig. “It doesn’t take a rocket scientist to understand the more you play the better chances you have a winning.”

Richard Lustig book on Strategy to win the lottery.

He has written a book on his strategy to win the lottery, titled, Learn How To Increase Your Chances of Winning The Lottery.

The book is available online at Amazon store, go to Learn How To Increase Your Chances of Winning The Lottery

written by Constantine Njeru \\ tags: , , , , , , , , , , , , , , , , , ,

Nov 03

In a tough economy other people may be looking for “alternative” sources of money. This alternatives may be suing others.

The fact is that anyone can find themselves a target of an overblown lawsuit. If you have a house, cash or investments – heck, if you just have a job – you could be seen as a cash cow by someone else . . . someone who could “slip” on your sidewalk or “fall down” your steps.

There are affordable ways to protect yourself. Your home insurance provides liability protection up to certain amount (sometimes $300,000). But that’s not enough to protect your assets if someone gets greedy or can prove that they suffered a substantial injury that’s your fault. Personal umbrella coverage, which gives you liability insurance above and beyond your home and car insurance, is relatively inexpensive and is a vital part of fortifying your finances.

According to the Insurance Information Institute, you can buy a $1 million umbrella policy for about $150 to $300 a year. The next million will cost about $75, and about $50 for every million after that.

written by Constantine Njeru \\ tags: , , , , , , , , , , , , , , , , , , ,

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