Blog Posts

The 3 Top Reasons Taking a Loan on Your 401(k) is a Bad Idea

By Byron Ellis June 19, 2018

Life likes to throw curve-balls at you, and when it does, there’s often a price tag involved…medical bills, car replacement, tuition. You’re going to need some cash, and the question is, where are you going to get it?   401(k)s often seem like the most logical choice. After all, you’re borrowing from yourself. It’s better to pay yourself interest than some behemoth bank or credit card company, right?   Not so fast.   There’s several reasons not to borrow from your 401(k). First, let me…
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When Not to Buy Travel Insurance and When You Should

By Byron Ellis June 12, 2018

Going on a trip isn’t cheap. You’ve got the upfront costs of your plane ticket, your hotel room, and your meals, but there are also the unseen costs of time taken off work, adjusting to your destination, and the stress of following your itinerary. Adding the cost of travel insurance to your bottom line might seem like just one more burden or added expense, but in the event you end up needing it, buying the right insurance can be the best decision you make for…
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6 Things You Need to Know When Replacing Your Roof

By Byron Ellis June 5, 2018

What time of year do most roofs get replaced? The time of year that follows a big storm. You have seen it in your neighborhood. A storm comes through and magically, roofer signs start popping up in all the yards; eventually you come home one day and everyone has a fresh and clean layer of shingles sitting on top of their home. Of course, you don’t want to be left out and you start figuring out how to get in on the action. If you…
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Don’t Let Home Improvement Projects Break You

By Byron Ellis May 29, 2018

No matter how well you prepare, a home renovation project is likely to cost you more than you think. I remember my patio extension project. After twelve months and double my original budget it was finally finished! Don’t get me wrong, homes are great and create many memories…but they are also a lot of hard work. Pick the Right Projects Some improvements will involve mostly repairs. When the roof leaks or the foundation fails, you really have no choice but to perform the necessary work.…
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How to Invest in High Markets Like a Pro

By Byron Ellis May 22, 2018

It is nice when you can experience a great bull run (rising markets), but it could put you in a position where you don’t want to invest more, thinking it may be time for the good market to reverse its positive trend. The problem is that when markets are high and you aren’t looking to sell, you might not quite know what to do with your portfolio. You just need to know the strategies for investing in high markets. Stick to Your Plan If you…
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