Finance

I’m staying at my childhood home this weekend in Seattle and it’s a home that my parents bought in 1962 for $12,500. I asked my mom (she is now 87) how much she paid for her car back then. She told me it wa...

Building wealth while managing an estate requires considerable time and investment, but occasionally, fortune smiles upon hard-working financiers and entrepreneurs in the form of an unexpected windfall. Win...

The stock market is reaching all-time highs and so is real estate in many parts of the country. The question is: Is this a good time to be investing? Are fools rushing in . . . or are smart investors gettin...

Colleges and universities thrive on receiving donations from former students and wealthy members of the community. Likewise, the philanthropic custom of giving back to an alma mater has been a practice of t...

When I was a kid in the ‘60s, there was not much difference between the rich and everyone else. The rich lived in better homes and drove newer cars. My rich classmates had better bicycles. Their parents ...

I’ve been doing videos recently on the difference between the rich and the poor mindset and how that leads to success. The videos are free, so check them out if you like at KenMcElroy.com. In doing my re...

Gold is a key part of any wise capital preservation strategy given its ability to shelter assets from volatility. With the stock market riding a roller coaster, global trade facing major challenges and the ...

As a young boy, I remember looking at my parents’ friends and my immediate family with a great deal of wonder. Like in most circles of people, we had the introverts and the extroverts, the financially succe...

Gray Sheldon, managing partner of LaSalle Nova Capital Markets of Chicago, has developed a new financial formula for Real Estate Preferred Equity transactions to achieve much higher leverage ratios on the c...