Menzies Blog

Moving on Down: Gen-Y

They have big dreams, lofty goals, high expectations and no homes in their price range that can measure up to their standards: meet Generation Y (Gen-Y).  Gen-Y, or Millenials, are made up of the people born between 1980 and the late 1990s.  Many articles and studies have been published about...
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Rental Properties – an Avenue for Investing

If you are at the point in your life where you have available cash to invest, purchasing a rental property may be a very lucrative investing decision.  Robert Kiyosaki stated in his Rich Dad Poor Dad book that owning a home is a liability not an asset.  However, a home...
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Roth IRA vs Traditional IRA: The Right IRA for You

Both Traditional IRA’s and Roth IRA’s are great ways to save for retirement, but both have limitations that you should thoroughly understand before you invest. We always recommend you speak with a professional to ensure your decisions align with a strategic plan, but below is a detailed summary to help...
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Bitcoin: The Currency of the Future?

If you are thinking of investing in Bitcoin, make sure you don’t “byte” off more than you can chew without understanding what you are getting into.  Just like any investment, you should know the risks and rewards.  Bitcoin is a very simple yet complex idea. First, the basics.  Bitcoin is...
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Don’t Forget Your Tax Credits and Deductions!

Always keep track of expenses you know are tax deductible.  Even that quick drive to the post office to mail a letter for your boss.  These add up over time.  Keep a log, a journal, or a file folder (we do all three, but you can use whatever works best...
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Should I Refinance My House?

At Menzies Financial we look at several things when evaluating if it makes sense to refinance a house.  The main items to look at are rate, term, cost, payment, and the individual’s cash flow situation.  One thing many people forget to reincorporate into their calculation is the extra years they are...
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Should I Invest in Commercial Real Estate?

Will Menzies calls it the “Crane Effect”.  When you see a bunch of construction cranes popping up all over the place in cities like Seattle and Bellevue, you have to ask yourself if it is the right time to be investing in commercial real estate?  Everyone can remember the 15...
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