According to this article, college students overestimate their starting salary by about $10,000, estimaing about $58,000 versus the median salary of $47,000 for bachelor degree graduates with 0-5 years experience.
However, there is some good news. Median salaries for computer science major early in their career was at $68,000 versus their average expectation of $59,300. So these majors received a pleasant surprise when they started work.
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This is not financial or education advice. Please consult a professional advisor.
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Creating a Retirement "Paycheck"
Since retiring in 2007, we typically have withdrawn funds monthly from our taxable accounts to pay for living expenses. Last year, I decid...
Wednesday, June 19, 2019
Monday, June 17, 2019
How I Will Invest in Real Estate
I've own investment real estate three different ways:
This is not financial advice. Please consult a professional advisor.
Copyright © 2019 Achievement Catalyst, LLC
- Direct ownership - I am the only owner.
- Partnership - I am a partner in a general partnership
- Public REIT - I am the owner of publicly traded stock.
Based on my experience, going forward, I will only invest in public REITs. I am currently trying to sell the investment land that I directly own. I'm learning that a real estate partnership has lots of complexities, with which I don't won't to deal with as I get older.
There's a 5% chance that I will sell the land this year. It is under contract, but the Buyer has enough contingencies to exit the deal. The general partnership is doing well, except for 60% of the partners have no interest in participating in the business operations.
I've been lucky for all the real estate investments, since all are profitable. However, I want to simply our investments as I get older, so I will be sticking with REITs and trying to exit from the rest.
For more on Strategies and Plans, check back every Monday for a new segment.
This is not financial advice. Please consult a professional advisor.
Copyright © 2019 Achievement Catalyst, LLC
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