Heroic Investing Blog
Secrets to a Successful Retirement Plan
When it comes to retirement planning, there's no shortage of advice to go around. Should you plow your money into stock, bonds, mutual funds, precious metals, real estate, or something entirely different? All of the above? None of the above? At Heroic Investing, we'd like to be the one to insert a reasoned...
Proof NOW is the Best Time to Invest in Real Estate
We're perfectly aware that, on any given day, a real estate guru somewhere in this world claims NOW is the perfect time to invest in property. Well, if you compare the cost of renting versus the monthly loan payment to buy a house, today's guru just might be right. For proof, let's take a look at Atlanta,...
Bet You Haven’t Heard of THIS Financial Strategy
You can wear yourself out chasing various financial strategies hither and yon. With experts and gurus coming out of the woodwork, the path to finding actionable advice is difficult to come by. How do you know whom to trust? Stocks? Bonds? Forex? Gold? Real estate? We'll say it up front – we're partial...
Is Your Pension Plan Set to Fail?
Pension plan failure. The very idea used to be almost unthinkable. After all, how hard is it for a plan manager to take the money skimmed from workers' payday, drop it in a relatively conservative investment, and kick out monthly paychecks to retirees? With private pension plans failing left and right,...
With the Current Inflation Rate, the Devil is in the Details
Working class Americans don't need a reminder to know that inflation has been hard at work behind the scenes the past few years, working feverishly to undermine the value of the dollars they bring home. No one realizes this more than emergency responders, who put their lives on the line each time they...
3 Steps to an Investment Portfolio Overhaul
Are you sick and tired of the stock market roller coaster and want to change your investment portfolio? You're not alone. Millions of people are unhappily married to their investment portfolio, and there's a good chance you are as well if the stock market has been your primary focus. But don't consider...
Privatizing Your Public Pension Through Real Estate
Despite our institutional bias that there are MANY services performed by local, state, and federal government that could be done much better and more effectively by private industry, we're also aware that the use of "privatize" and "public pension" in the same paragraph could literally cause heart stoppage...
Unfunded Pension Liability Illustrates a Strange Reality
A recent paper published by Maria Fitzpatrick of Stanford University uncovered an odd reality of public servant retirement plans. To quote an excerpt: “Schools and other public sector employers contribute nearly three times as much per hour worked to the pension benefits of their employees as their...
10 Ways to Get Ready for Retirement
Since the average worker who expects to retire with a pension plan knows about it decades in advance, you wouldn't think that retirement would be something that sneaks up on them. Unfortunately, we probably spend more time over the course of our working lives pondering what we're going to eat for supper...
Collective Bargaining Revisited – Right or Privilege?
We couldn't let this one go by unchallenged, even though it might ruffle a few feathers in union shops around the country. The New York Times conducted a recent poll that concluded 60% of Americans did not want the collective bargaining "rights" of unions taken away. The exact wording of the question...