Which Is Better—Owning or Renting?

Tradition says, “Own your home and don’t throw money down the drain on rent.”  You will have the pride of homeownership, and your home will become a valuable asset for you in the future. But is buying always the smarter way to go? Here’s the advice I gave my 27-year old daughter, Kayla.

‘Just Like That,’ this Family Lost $123,000 to Wire Fraud

Wire fraud is a very real thing, and it happens to smart people like you and me every day. In most cases, when the money is gone, it’s gone. Find out how you can protect yourself and what to do if it happens to you. Share this with everyone you know. It’s the only way to catch these bad guys!

Mow Your Lawn or Lose Your House!

Think a few inches of grass could never make the difference between keeping and losing your home? This is one story you won’t believe. (P.S. If you’re a little lazy when it comes to mowing your lawn, don’t move to Dunedin, Florida.)

You Need to Get Some “R & R” (Recession Resistance)

No matter how you slice and dice the figures, affordable housing is almost always in demand. This is why our buy and hold fund purchases homes in the affordable housing category, and it’s what makes the buy and hold fund a recession-resistant investment. (And recession-resistance CAN mean more R & R for investors!)

Save Today Johnny, Not Tomorrow

We talk about compounding often in our newsletter because it is so powerful. I was reminded the other day by a friend of mine about the difference between saving and investing your money early in life as compared to later.

How to Avoid Early Death for 10 Cents a Day

What if I told you that by taking two pills every day that cost about $0.05 a piece — a simple nickel — we could all live healthier lives, prevent serious or even fatal conditions, and increase our life spans?  Read more to find out what they are.

Stop Pinching Pennies: Earn $33,316/Hr. Here’s How!

If you made $33,316/hr doing due diligence, would it be worth it? Last week, we talked about 3 key components to having a strong portfolio during retirement and the fact that you don’t have to give up your lattes to save big!  This week, we’ll go over 3 more ways to 80/20 (aka leverage) your money.

Focus on the Vital 20% to Create Exponential Results

How can we do something different in our lives that will produce the biggest return for our efforts? In this article, I share a foundational mental model that can help frame the way you think. It lets you “hack” the system many of us follow today and start doing more with less.

Are You Making These 3 Decision Mistakes?

We make millions of decisions over our lifetime, and just like investing a dollar today, even small decisions can compound into hugely positive or negative results. I ran across some interesting ideas on the decision-making process and wanted to share. After reading this, you may never make a decision the same way again!

My Interview by an Aussie Wealth Expert

I was recently interviewed by wealth advisor, author, and real estate investor, Salena Kulkarni.  Salena is an international celebrity from Australia, so it was fun to know that our conversation would be heard by audiences thousands of miles across the Pacific. Salena asked some really good, insightful questions about our chosen market and the way the fund operates. 

This One Word Will Make People Respond to Your Emails

Who would have thought that the language you use to end your emails has an effect on whether or not you will receive a response?  For example, signing off with “talk soon” can result in a very different response rate than closing with a simple “thanks.”

The Murder of Progress and Improvement

Any time the government intervenes with the free market, things get off-kilter.  Rent control is no exception. Under rent control, the government tells a product provider how much to charge for their product, while at the same time restricting its production. How does that solve any problems? Basic economics shows that it does not. Instead, it messes up the delicate chain of supply and demand, resulting in more than a few ramifications.

Charlie Munger’s Secrets to Successful Investing (and a Successful Life)

I’ve said it before: “Investing – particularly successful investing – is hard.” There’s a lot going on in a person’s brain that can sometimes make investment decisions more complex than they need to be. Charlie Munger — attorney, investor, multi-billionaire, and Warren Buffett’s business partner — came up with this brilliant checklist we can use when faced with tough decisions.

Why We Should Be More Like Trader Joe’s

If you’re a Trader Joe’s shopper, it’s probably because you love all the cool, unique stuff you can’t find anywhere else, usually at a fair price. But there’s much more going on than meets the eye. We’ll take a closer look at the underpinnings of Trader Joe’s mass appeal, as told by a former advertising exec who went undercover as a crew mate.

Why Having Our Cities on this List Is Good for Our Investors

It’s no accident that six of our buy and hold fund’s portfolio cities made it to Inc. magazine’s “Top 50 Surge Cities” list. A few might come as a surprise — like the city that was ranked as the biggest new agtech start-up. (Hint: it’s nowhere near Silicon Valley.) Read why this is good for our investors, and how you can get a piece of the pie.

The Truth About How the Government Spends Your Tax Dollars

Do you know where your tax money goes? This article provides a clear breakdown of government spending and the effects it could have a few years down the road. Fair warning: it’s not all roses, especially if programs like defense, infrastructure, and education are important to you.

Is This Really Happening in America?

If you think your assets can only be taken from you through due process of being convicted of a crime, think again. This article from The New Yorker is a gripping account of civil asset forfeitures being abused in a big way. Although it was written in 2013, the article is just as relevant and powerful today.

Which State Has the Most Freedom? (It Might Not Be the One You Think)

“Freedom” can be a tricky word. It’s hard to pin down the true definition, and it means something different to each of us. Still, this article does a great job of showing which states have the most and least personal and economic freedoms, with one overall winner you’ll read about at the end of the article.

When Will Our Leaders Take Responsibility?

Nevada state workers earn 149% the salaries of their private sector counterparts. Now, the governor is promising state workers the ability to collectively bargain already inflated pay packages… compliments of Nevada taxpayers.

Are Your Investments Prepared for the Next Recession?

It’s pretty tough to find the right answer when you’re asking the wrong question.  The other day, I received an email from an investment fund asking if I was prepared for the next recession.  Shouldn’t the question really be, “Are your investments prepared, and how...

The $3.1M “VaPooRizing” of San Francisco

The city of San Francisco launched a $3.1 million task force to rid the city of a foul issue that keeps piling up and needs to be flushed out. They’ve hired a “poop patrol” to clean up the streets, and the workers are making bank.

Here’s Some Trivia for You

You’ll be the envy of your friends the next time you get together to play some trivia game about yard sizes because you’ll know all the answers. You’re welcome.

What Would a Rockefeller Do?

What will your legacy be? I don’t know about you, but until recently, I hadn’t thought much about the impact I could actually have on future generations past my kids and grandkids. It’s one thing to set up a trust (the importance of which I can’t emphasize enough, even if you mistakenly think it’s only for the wealthy!), but it’s another thing entirely to have it set up so that it continues to generate opportunities rather than simply distribute wealth.

I Dare You to Eat Ethiopian Food

I want to tell you the story of an impressive entrepreneur who owns a heck of a little restaurant named Zagol, located in the business center on Mira Loma and South McCarran in Reno. Zagol is an Ethiopian restaurant that offers incredibly mouthwatering food. I kid you not — every time I’ve eaten there, it has turned out to be an unforgettable taste experience with the first bite always being a big explosion of flavor.

How to Leverage Debt to Get a Free Car

Here is a cool financial trick:
If you took out a loan with a 5.0% simple interest rate (the interest does not compound) and you were able to write off the interest as a tax deduction, you could offset the cost of your interest payments by putting the borrowed money (or an equivalent amount) in an investment with only a 2.5% compounded after-tax net return.

I Get It. Investing is Hard.

As I continue to get smarter in my investing career, there is one thing that keeps jumping out at me. I see it everywhere: the conferences I attend, the podcasts I listen to, the people I meet with, the books I read, and so on. What is this one thing?

Affordable Housing with an Oceanfront View

I have to hand it to this guy, Kenneth A. Capron, for thinking outside of the (housing) box. Kenneth runs a nonprofit and is trying to get a grant to park an obsolete cruise ship in the port of Portland, Maine to provide affordable housing to people who need it.

A Tiny Investment with a Big Payoff

It’s common around the holidays to be giving toward those in need, but a charitable act that can promise longevity is much more impactful than a one-time donation. This year, consider loaning just $25 to a small business owner or ambitious young adult through a service called Kiva.

A Look Back at 2018: A Conversation Between the Co-Founders

As we’re wrapping up 2018, we thought it would be a good time to stop and reflect on our busy and productive year. I sat down with Hughes Private Capital co-founder Steve Sixberry to chat about what we learned and experienced, and what we’re looking forward to in 2019. Enjoy!
— Greg

Make Security a Priority

I’ll admit, this isn’t our most exciting Saturday email, but it is important. Great Basin Federal Credit Union sent me this resource about scams and fraud, and I thought it was worth passing on to all of you. When it comes to security, it seems the crooks come at us from all directions.

Timing is Everything

In a Hughesletter from earlier this year, Hughes Private Capital co-founder Steve Sixberry shared the story of his unconventional career trajectory. This month, he writes about the intense process of selling his cellular network company to Sprint/Nextel in 2006. Hope you enjoy!

American Greed

Have you ever watched the television show called American Greed? I like to record it and watch it when I have time. If you’re not familiar with it, the show highlights people or companies who are unethical and take other peoples’ money.

Rental Prices in Big Cities Can Be Volatile

Is the rental market cooling down or heating up? It depends on how you interpret the Bloomberg Weekly article below. According to the figures in the article, there is no doubt that rental prices are losing their steam in rent increases overall, compared to recent years.

7 of Our Cities are in the Top 13 (out of 50)

A recent article by HouseCanary reported on the top 50 metropolitan statistical areas (MSA) for price growth in Q1 of this year. Seven cities where Guardian Fund purchases homes (in the Heartland of America) made the list. That is good news, but not what we are really interested in since our properties don’t go up or down much in value.

In 3 Minutes… See How Much You Could Save in Taxes

If you were to sell your investment property tomorrow, do you know how much you would owe in taxes? The answer might surprise you. We built a 1031 Exchange Tax Savings Calculator that helps you answer this question. After feedback from some trusted investors, we’ve simplified and improved the calculator, so it’s something you can easily do on your own – no CPA required.

I Need a Raise. I Only Make $117,000!

Did you know that in San Francisco, if you make $117,000 a year as a family of four, you are considered low income? It might be time to get out of Dodge when the Department of Housing and Urban Development makes that claim for your city. Imagine making $117,000 and qualifying for affordable housing developments!

Stop Beating Around the Bush. Tariffs = Taxes

Tariffs might not be the most interesting topic, but it’s certainly timely (you might remember that I recently wrote about the trade war). No matter how much I know or continue to read about tariffs, it’s a complex topic and I’m always learning more.

Why Investors Fail

Recently, a friend sent me an article about “why investors fail.”  The article was specific to real estate, so of course I wanted to make sure I didn’t have any of the negative tendencies it mentioned.  But, darn it, I didn’t want to admit it — but I do!...

My Life as a High-Tech Cowboy

This is a guest article from Hughes Private Capital Fund Manager and COO, Steve Sixberry. You may have met Steve at one of our events or seen his face on some of our marketing materials. We thought it was time for Steve to share some of his interesting...

One More Check Off the Bucket List

A friend of mine named Gene used to fly Cobras — attack helicopters used by the United States Marine Corps.  While he was flying Hueys (another prestigious helicopter used by the US Army) during the Vietnam War, he was shot through the calf and the knee...

Unbelievable & Unlimited New Tax Break for Investors

What if companies and investors were incentivized to invest in the American cities that need it most, but are often overlooked because of poverty and unemployment? A group of billionaires and politicians may have a creative solution to make this a reality.

Movin’ on Up… (you know the rest!)

Go ahead and finish the title of this article with the theme song to The Jefferson’s. I know it’s already in your head.
“Well we’re movin’ on up, to the east side. To a deluxe apartment in the sky…”

Draining the Swamp, One Bureaucrat at a Time

1984 was a notable year for two reasons: It was the year I graduated from high school and the year Congress failed to drain the swamp. That’s right—Trump wasn’t the first politician to have the idea, but I’m hoping that with a little bit of persistence, and some good guys on our side, the idea can finally be successfully executed.

A Primer to Understanding “Stepped-Up Basis”

Cindy Armentrout, Esq. has been practicing law for nearly ten years and specializes in tax planning, asset protection, and wills. Cindy kindly provided this primer on how the step-up in basis works for surviving spouses, including ways that they can receive the full stepped-up amount even if they live in a non-community property state.

The Lingering Consequences of Greece’s Big Fat Lie

Greece may seem like a dream place to live, but I’d tell you to thank your lucky stars that you’re an American citizen.  The people of Greece face shockingly low wages, high unemployment rates, and get around by scooter.  Scarily, they only have two main industries keeping their economy from totally collapsing.  The challenge they are facing as a country is mostly of their own making and stems out of their big fat lie. 

The Baby Carrot Boom

Do you know the history behind baby carrots? This is one of my favorite stories about industry disruptors and changers. Baby carrots haven’t been around all that long. In fact, baby carrots have only existed since 1989. How is that possible? You would think they would have been around ever since the first carrot was grown.

Trump is Wrong to Start a Trade War

I don’t think a trade deficit is bad. In fact, it really is the other way around. The greater the deficit, the more prosperous we are as a nation and as the world’s super economic power. In my opinion, President Trump is making a mistake by turning trade into a political issue.

Think You’re Diversified? The Most Common Mistake Investors Make

Sir John Templeton, respected investor, banker, and fund manager was on the right track when he said, “Diversify. In stocks and bonds, as in much else, there is safety in numbers.” From companies diversifying a product line to investors diversifying a portfolio, there is not only safety, but a much greater likelihood of growth when you have your money, assets, products – whatever – strategically allocated among different pieces of the pie.

My Kids Said the Darndest Things

Remember the show “Kids Say the Darndest Things” with Art Linkletter? I stumbled upon some of the darndest things that my four kids said growing up. Since Father’s Day was this month, I thought it would be fun to share with all of you fellow parents.

8 Days in China: Eating Frog and the Capitalist Front

I recently returned from an eight-day trip to China with seven of my “forum” group members, and boy am I still jet-lagged. The other day, I woke up at 1:30 in the afternoon after having gone to bed at 11:00 the night before. But the jet lag has been well worth the experiences I had in Beijing and Shanghai.

Adios to a Few Dodd-Frank Regulations (We Won’t Miss Ya!)

I was hoping to see this happen: Just last month, Congress voted to significantly roll back many of the Dodd-Frank regulations. Of course, not everyone is in agreement as to what should be kept and what should be rolled back, because, like always, there are at least two sides to every story.

Can You Guess Which City Has the Best Rental ROI?

We often say that we invest in the “most profitable housing market in the country.” This means that we buy affordable homes, valued between $25,000 and $60,000, in the heartland of America. We’re not the only ones who know that this is the best market to be in.

The Lonely Life of a Real Estate Stock

In a recent article in the Wall Street Journal, “Real Estate Stocks Are on Sale, but No One Is Buying,” WSJ reporter Ken Brown discusses the underlying love-hate relationship investors have with real estate and the fact that real estate stocks are a lonely asset right now, waiting and hoping to be scooped up, in spite of the fact that they’re more affordable than ever.  What gives?

Start Them Early

It’s indisputable: children are the future. If we don’t teach our youngest how to earn, save, and invest money, our future (and theirs!) could be in a boatload of trouble. What are you doing to help teach your kids, grandkids, or even great-grandkids about money?

What Losing $250,000 Taught Me — Part 3

This is conclusion to my three-part saga about how I lost money in a bad investment.  (This was before Steve and I met and founded Hughes Capital.  It was a painful experience, but of course, the greatest learning experiences usually are.)  Be sure to read parts 1 and 2 before continuing with part 3.

Finland’s Test

I believe that most people are charitable.  If we have the resources, and if we believe that our charity will make a difference, most of us don’t think twice about helping another person or family in need. 

What Losing $250,000 Taught Me — Part 2

No one in their right mind enjoys feeling like they’ve been duped — or, worse yet, actually being duped. But, I’m here to tell you that it happens to the best of us, sometimes even after doing our due diligence and checking all the right boxes. This is the second article in a 3-part series in which I share my experiences and invaluable lessons learned as a result of having invested in a seemingly-profitable, winner-of-an-investment-deal gone bad.

What Losing $250,000 Taught Me — Part 1

Whenever I speak at an event, I often include the story of how I lost a big chunk of money in a bad investment. Why do I share this, when it could potentially cause people to doubt my judgement and skill as an investor?

Stop Asking Children These Seven Questions

I recently started receiving Ozan Varol’s weekly blog posts.  He is a self-proclaimed contrarian thinker.  A few weeks ago, he sent this post on seven questions to stop asking children.  The questions are terrific!  I wish I had this 26 years ago to have made family dinner time with our four kids even more productive and interesting.

A Nice Day for a White Wedding

It was more of a white day for a nice wedding.  My oldest son, Hayden, was married on March 24th at Donner Lake.  While being married on a lake sounds like a wonderful idea, for those of you not familiar with Donner Lake, it lies smack in the middle of the inhospitable land that resulted in the tragic end of the infamous Donner Party. 

My Dinner with Dinesh

My wife Tanja and I had the honor of meeting and getting to hear from one of my idols, Dinesh D’Souza, at a dinner function a few weeks ago.  Dinesh is an immigrant from Mumbai, India (formerly Bombay), and has had a very interesting career here in the United States where he has been a citizen for more than 27 years.

Capital Gains Loophole You Should Know About

Did you know that if you have an investment property you want to sell, but you don’t want to pay taxes on the capital gain, you can do what’s called a “1031 Exchange” and have the taxes deferred? That nice ol’ government agency that we all know and love — the IRS —...

The Greatest Gift to Leave Your Grandchild

What if I told you that you could give your children, grandchildren, and even your great-grandchildren an incredible, one-time gift that allows them to invest and compound money over their entire lifetime, completely tax-free? 

Fresh Perspective for the EPA

It is really refreshing to hear Scott Pruitt, administrator of the Environmental Protection Agency, speak about helping the American people by being our partner rather than our adversary.  The government is in place to serve and protect us, and to keep the law of the...

Do You Know Why Fannie Mae Is #1 in the World?

I don’t know if I am impressed or appalled by the fact that Fannie Mae and Freddie Mac are in the #1 and #3 positions in the world for the amount of money they make per employee.  If the record was set by a private or public business, I would be impressed — as long as...

Not Just for the Rich: The Importance of Trusts

This week is all about trusts: Who needs them?  How much do they cost?  How much work are they — really?  The short answers?  The majority of adult Americans need a trust.  They cost a few thousand dollars, but this small investment outweighs the devastating financial...

Why Do You Have to Know How Much Money I Make?

How much money do you have?  How much money do you make?  Why is it my business to know any of that stuff?  That’s what someone asked us the other day when he was ready to invest into one of our funds. We wish it didn’t have to be our “business,” but the U.S....

Airman Hughes

My family and I just returned from a wonderful experience.  My oldest son, Hayden, just graduated from his basic training in the United States Air Force.  He is now known as Airman Hughes. I was told by a few others who had gone through the experience with a family...

Guardian Continues to Evolve and Get Better

Many of you in the small business world will not be surprised to hear that the Guardian investment model continues to evolve, always for the better, and in exciting ways for investors. As I was thinking about the word “evolution,” a funny personal story comes to...

Reverse Mortgages Debunked!

This week we’re bringing you an in-depth video where experienced mortgage broker, John Terveer, debunks the myths surrounding reverse mortgages and explains how they can be a useful tool in many situations.  This video is a recording of one of Hughes Private Capital’s...

You Are a Survivor

Here’s a little bit of fun this Saturday: a look back for those of us who can remember the good ol’ days when we didn’t wear seatbelts or have Xboxes and spent all day outside, running around the neighborhood.

Free Market Is Always the Winner

This is what we talk about all the time: free markets almost always trump the government.  Walter Williams, in the following article, does a great job of explaining why.  For me, the free market always wins not just because of what Mr. Williams says, but also because...

As I Awoke

I awoke late on Sunday morning — it was after 9 a.m.  Tanja and I had stayed up way past our bedtime watching the first six episodes of the new season of House of Cards, and I was jolted awake by my 100-pound, 4-year-old German Shepherd, having his 20th or 30th (I...


I had a realization the other day, that anytime I think of government, I think “bad,” I think “enemy.”  I don’t see a solution, I can only see problems.  But I already knew that.  What hit me was the fact that it must be exactly the opposite for people who believe...