Despite the real estate bust, the boom has been good for DC.

I’ve now been in DC for five years, and I can see a marked difference in the city. The city is better. There are more shops, restaurants, spruced up homes, etc. Walking around certain neighborhoods in the city you can’t go one block without noticing a change. It is hard to calculate how much money has been spent improving DC, mostly by private citizens, but you can see that it has paid off.

DC is now much better off than it was five or ten years ago. It also feels like it is prepared to ride out the economic storm and come out on top.

Times may be tough, but the nation’s capital has never looked better. A beacon in the economic storm that is hurting many people’s wealth.

Happy spring at last!

Miel

MANAGE YOUR MONEY TOGETHER

Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

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