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From lottery tickets to life insurance: Here are 6 ‘bad assets’ that could cause you to retire poor in America

Moneywise
Summary
Nutrition label

56% Informative

The average new car loses roughly 30% of its value within the first two years alone .

New cars often have higher insurance premiums compared to used cars.

Buying lottery tickets or going all in on a new cryptocurrency is rarely a good idea.

Focus on assets that are relatively stable and can act as a hedge against inflation.

Rental income from a robust portfolio of real estate is a great way to enhance your passive income in retirement.

Consider tapping into the $36 trillion U.S. home equity market by investing in home equity agreements.

Homeshares allows accredited investors to gain direct exposure to hundreds of owner-occupied homes in top cities.

VR Score

45

Informative language

38

Neutral language

35

Article tone

informal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

External references

no external sources

Source diversity

no sources

Affiliate links

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