Should you be wary of some real estate investments? Rob also discusses financial regrets and credit card positives

There are countless ways to create wealth, but there are some concepts you should be wary of. Rob Black warns us against annuities with high commission costs and provides several reasons why purchasing foreclosed properties are rarely the deal you hope them to be. Other topics include:

• Clothing resale websites
• Financial regrets and mistakes
• Healthcare in retirement
• Taking the worst case scenario mentality to financial planning
• Positives to responsible credit card use

 

 

Email your money question to [e-mail], or call the show at 1-800-516-1220 from 2:00-3:00 p.m. (PDT)

 

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.