New Financial Podcast for First Responders
Jason Hartman has made a habit of creating useful podcasts. First there was The Creating Wealth Show, which has become an international hit. Next came Holistic Survival, the solid successor. Now Jason is hard at work tracking down guests and hitting the recording studio to bring you The Heroic Investing...
The Most Important Part of Your Firefighter Career
If you've set your sights on a firefighter career, the last thing on your mind is likely to be retirement. You have some sort of vague idea in mind that, of course, there will be a retirement and, since you're putting your life on the line daily for the benefit of others, it should be a comfortable pension...
The Ground Zero Mosque – Wolf in Sheep’s Clothing
Perhaps no event causes an upwelling of emotion (hate, pride, sadness, outrage) in first responders like the terrorist attacks on the World Trade Center in New York. We're talking about the one when the buildings came down. Where firemen rushed in while workers were heading out. Now comes news that a...
The California State Retirement Plan – “Unsustainable”
Sometimes nothing can be quite so damning as the truth spoken by those in the know. So it is with the political time bomb that is public employee pensions and healthcare. Beneficiaries in all states should be nervous but especially those vested in a California state retirement plan. Let's listen in on...
State Retirement Plans Based in Failing Assets
Employees looking forward to footloose and carefree golden years, basking in the incredible bounty afforded by their state retirement plans should pay a visit to a little place we like to call reality. States like California and New York are teetering on the brink of financial insolvency. When the powers...
403b Plans Similar to 401k…But Different
Most everyone walking the earth in at least a semi-conscious state of existence has heard of a 401k retirement plan. And probably just as many have not heard of 403b plans, even though they're quite similar. That's okay. Heroic Investing is here to save the financial day. A 403b plan is essentially a...
Supercharge Your Investing for Retirement
Investing for retirement is not as easy as it used to be for first responders. Gone are the days when you put in two or three decades of dedicated service and then retired comfortably to whatever vision of Golden Years happiness strikes your fancy. Maybe it's a condo in Florida or a farm in the woods....
Is Your State Employment Retirement System Unfunded?
The national unfunded liability of state employment retirement systems is huge. How does mismanagement like this happen? Rather easily, it would seem, when you take into account the apparent moral and intellectual deficit exhibited by those chosen to run the things. Though it is always tempting to pile...
Radical Changes for First Responder Pensions
Public officials casting around for a new favorite whipping boy to deflect attention from their own miserable performances, have seemingly settled on the first responder pension. Politicians from California Governor Arnold Schwarzenegger to New Jersey Chris Christie and other top legislators seem hell...
The Big Truth About Real Estate Investing
When discussing Wall Street investment tactics, it is perfectly proper to refer to the entire industry as The Big Lie, but Heroic Investing is here to let you in on The Big Truth. We've been rattling your cage for a few months now, prattling on and on about the incredible benefits of income property...