News Direct

Author: Jing Pan

  • “It Ain’t Your House!” explains Grant Cardone as the famous investor slams homeownership but real estate doesn’t have to be a bad investment

    “It Ain’t Your House!” explains Grant Cardone as the famous investor slams homeownership but real estate doesn’t have to be a bad investment

    Given how much home prices have soared recently, many homeowners may be feeling richer than ever. But real estate mogul Grant Cardone says your house isn’t a smart investment — far from it.

    In an interview with podcaster Sean Mike Kelly, Cardone called buying a home “a terrible investment.”

    That may sound ironic coming from someone known for investing in residential real estate. But Cardone was quick to explain why: “[A home] doesn’t cash flow. You don’t get big tax write-offs because of it. You have no leverage. You’re living in it. You’re paying for it. You never own it. Even when the loan is paid, you don’t own it, no, you still got to pay property taxes, still got to insure, still got to maintain it.”

    When you buy a home to live in, it’s true that it doesn’t generate any cash flow. And even once the mortgage is paid off, there are still ongoing costs: property taxes, insurance premiums, repairs and maintenance. And they can add up fast.

    For example, Ratehub did a case study of the cost of "hidden fees" that come with homeownership. For a property worth $1,128,100 with a $902,480 mortgage at 5.14% amortized over 25 years, the additional monthly costs totalled $8,532, including the mortgage payment, property tax, home insurance, utilities, internet, as well as putting money away for a home emergency fund or funds spent on maintenance/repairs. If you were to take out the mortgage cost, the total would still be $3,211 per month, or $38,532 yearly.

    Cardone says that what keeps people from recognizing the financial downsides is emotion.

    “People get emotional about their house — ‘It’s my house!’” he said. “It ain’t your house. You’re a partner in this house with the state.”

    ‘Never buy a house’ says Grant Cardone

    Cardone’s suggestion is simple: “Never buy a house, rent where you live.”

    But that doesn’t mean he’s against real estate entirely.

    “I’m not saying don’t own real estate,” he clarified. “I’m saying live in a house and pay rent. Take all the money that you would have spent on that house and invest in real estate that cash flows — that pays you every month.”

    So, what kind of real estate is he talking about?

    Cardone listed several options: “Could be retail, storage, apartment buildings like we invest in. Could be land — if you’re a farmer or rancher and you know how to get cows to cash flow, then do that.”

    Let’s break down some of these opportunities.

    Invest in retail real estate, instead

    Cardone pointed to retail real estate as one potential opportunity — but not all retail is created equal.

    With the rise of e-commerce, many brick-and-mortar stores have struggled, which can directly affect the income stream for retail property owners. That’s why selectivity is key.

    Ben Mallah, another fellow Florida-based real estate mogul, says he focuses on what he calls “essential real estate” — specifically, “retail that the internet can’t hurt” and “Amazon can’t hurt.”

    As online shopping continues to disrupt traditional retail, properties that serve everyday, in-person needs — like grocery stores and pharmacies — tend to offer more resilience. Big-box retailers may come and go, but think about your local supermarket. How long has it been in the same spot? Likely for years, if not decades. That kind of staying power is what makes grocery-anchored real estate attractive.

    Invest in residential real estate, such as apartments

    Another type of real estate Cardone suggests? Apartments — a sector he’s heavily invested in himself.

    Multifamily properties offer a key advantage: consistent cash flow. Unlike single-family homes, apartment buildings typically house multiple tenants, which helps spread out risk. If one unit sits vacant, the others can still generate income.

    Apartments also tend to be resilient during economic shifts. No matter what’s happening in the broader economy, people still need a place to live. And with elevated home prices making ownership less accessible for many Canadians, more people are turning to renting — which helps drive demand and keep occupancy rates high.

    As with retail, real estate investment platforms and REITs have made it easier than ever for everyday investors to access the apartment market.

    Invest in farmland

    Cardone also mentioned agricultural land — though with a caveat: It’s best suited for those who understand how to make it cash flow.

    While farmland isn’t as commonly discussed as retail or apartment buildings, it can be a compelling long-term investment. The logic is simple: come what may, people still need to eat.

    That consistent demand makes farmland a resilient asset, often serving as a hedge during times of economic uncertainty.

    According to Farm Credit Canada, the national average farmland value increased 9.3% in 2024. And while this represents a slower pace of appreciation from the previous year, it remains higher than the average of the last 10 years (9.1%). However, for 2025, uncertainty and volatility are expected to be significant due to potential trade disruptions at the U.S./Canada border and the fear of a looming trade war between the two nations at the behest of President Trump.

    Sources

    1. Ratehub: Monthly carrying costs when buying a home, by Jamie David (May 29, 2024)

    2. Farm Credit Canada: 2024 farmland values in Canada: Continued, steady growth (Mar 18, 2025)

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • San Francisco man purchased 1 small Costco product in April of 2024 then resold it for a US$600 profit only 11 months later — Here’s how to mimic his savvy move

    San Francisco man purchased 1 small Costco product in April of 2024 then resold it for a US$600 profit only 11 months later — Here’s how to mimic his savvy move

    Everyone knows Costco is a great place to stock up — whether you’re in the mood for a giant cheesecake or a kayak you didn’t plan to buy. But did you know the warehouse giant could also be a surprising stop for investors?

    Just ask personal finance influencer Humphrey Yang.

    In April 2024, Yang purchased a one-ounce gold bar from Costco for US$2,359.99. This past March, he walked into a gold dealership in San Francisco and filmed the moment he sold it for cash.

    “Right now, we’re paying US$2,955.42 [per ounce],” an employee told him.

    With the spot price for an ounce of gold hovering around US$3,020 at the time, Yang agreed to the deal — noting the price was reasonable given dealers typically buy slightly below market value.

    Moments later, Yang walked out with a stack of bills and a simple takeaway.

    “That was surprisingly easy,” he said. “US$2,955 — that means I made a profit of US$596 over the past 11 months or so.” The exact amount was US$595.43.

    Gold prices have been surging recently. Since Yang sold his gold bar, the price has increased to approximately US$3,300 per ounce. Goldman Sachs has raised its year-end forecast for gold from US$3,300 to US$3,700 — with a projected range of US$3,650 to US$3,950 — according to multiple news outlets.

    Why gold still shines in 2025

    Gold has long served as a store of value — and that hasn’t changed. Unlike fiat currencies, the glittering metal can’t be printed at will by central banks, making it a powerful hedge against inflation and monetary instability.

    It’s also long been viewed as the ultimate safe haven. Gold isn’t tied to any one country, currency or economy, and in times of economic turmoil or geopolitical uncertainty, investors tend to pile in — driving up its value.

    That may help explain why, while markets are getting whipsawed by tariff uncertainty and global tensions, gold has emerged as a bright spot. Over the past 12 months, the price of the precious metal has surged by more than 40%. According to Canada Gold ,Gold is currently worth CA$147.11 per gram.

    Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, recently highlighted gold’s role in a resilient portfolio.

    “People don’t have, typically, an adequate amount of gold in their portfolio,” Dalio told CNBC in February. “When bad times come, gold is a very effective diversifier.”

    A time-tested income play: Real estate

    Gold isn’t the only asset investors turn to during inflationary times. Real estate has also proven to be a powerful hedge.

    When inflation rises, property values often increase as well, reflecting the higher costs of materials, labour and land. At the same time, rental income tends to go up, providing landlords with a revenue stream that adjusts for inflation.

    Of course, high home prices can make buying a home more challenging, even if interest rates are trending downward. And being a landlord isn’t exactly hands-off work — managing tenants, maintenance and repairs can quickly eat into your time (and returns).

    But, you don’t need to buy a property outright — or deal with leaky faucets — to invest in real estate today. There are alternatives to real estate investing you can consider.

    Sources

    1. Canada Gold: Gold Spot Prices Today

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • Even Warren Buffett warned that America’s trade deficit is ‘selling the nation out from under us’ — and proposed a ‘tariff called by another name.’ Here’s why his fix is better than Trump’s

    Even Warren Buffett warned that America’s trade deficit is ‘selling the nation out from under us’ — and proposed a ‘tariff called by another name.’ Here’s why his fix is better than Trump’s

    We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links.

    President Donald Trump’s sweeping tariffs have sent shockwaves across the globe, as he attempts to rein in the massive trade deficits the U.S. has with other nations.

    While many economists have criticized Trump’s blunt approach — and markets have reacted poorly — the issue he’s targeting is far from trivial. While the president has since gone back and forth on levying the tariffs, legendary investor Warren Buffett has been sounding the alarm on America’s growing trade deficit for decades.

    Don’t miss

    Back in 2003, Buffett wrote a Fortune article with the striking title: “America’s Growing Trade Deficit Is Selling The Nation Out From Under Us. Here’s A Way To Fix The Problem — And We Need To Do It Now.” In it, he issued a stark warning about the long-term risks of persistent trade imbalances.

    A trade deficit occurs when a country imports more than it exports. While that might sound harmless, Buffett warned that over time it leads to something far more serious: a steady transfer of national wealth to foreign hands.

    To drive the point home, he introduced a parable involving two fictional islands: Thriftville, whose industrious citizens produce more than they consume and export the surplus, and Squanderville, whose inhabitants consume more than they produce, financing their excess consumption by issuing IOUs to Thriftville.

    Over time, Thriftville accumulates substantial claims on Squanderville’s future output, leading to a scenario where Squanderville’s citizens must work harder just to repay the debt, effectively becoming economically subservient to Thriftville.

    Buffett took the analogy further, warning that Thriftville’s citizens might lose faith in Squanderville’s IOUs.

    “Just how good, they ask, are the IOUs of a shiftless island?” Buffett wrote.

    “So the Thrifts change strategy: Though they continue to hold some bonds, they sell most of them to Squanderville residents for Squanderbucks and use the proceeds to buy Squanderville land. And eventually the Thrifts own all of Squanderville.”

    Buffett’s central concern was that the U.S. was behaving just like Squanderville — consuming far more than it produced, and becoming increasingly indebted to the rest of the world.

    He warned that, at the trade deficit level at the time, foreign ownership of U.S. assets would “grow at about $500 billion per year.” As that ownership increases, he cautioned, so too will the net investment income flowing out of the country.

    “That will leave us paying ever-increasing dividends and interest to the world rather than being a net receiver of them, as in the past,” he wrote. “We have entered the world of negative compounding — goodbye pleasure, hello pain.”

    That was more than two decades ago. But Buffett’s warning still resonates today. By the end of 2024, the U.S. net international investment position had plunged to -$26.2 trillion — meaning foreign investors now own over $26 trillion more in U.S. assets than Americans own abroad.

    Buffett’s market-based fix: a ‘tariff called by another name’

    Buffett proposed a bold fix: a concept he calls the “Import Certificate” system — a market-based solution to reduce the U.S. trade deficit.

    Here’s how it works:

    Exporters earn certificates — For every dollar an American company earns by exporting goods or services, it receives an Import Certificate of equal value.

    Importers must buy certificates — To bring goods into the U.S., importers must purchase these certificates from exporters.

    This effectively limits total imports to the value of exports, achieving trade balance. It also creates a powerful financial incentive to export, since companies can sell their certificates on the open market to importers.

    How does Buffett’s idea compare to the sweeping tariffs currently being implemented by Trump?

    Buffett himself acknowledged that, “in truth,” his import certificate system is “a tariff called by another name.” But he was quick to note that it avoids the typical pitfalls of traditional tariffs — namely, industry favoritism, geopolitical tension, and the risk of escalating trade wars.

    “This is a tariff that retains most free-market virtues, neither protecting specific industries nor punishing specific countries nor encouraging trade wars,” he wrote. “This plan would increase our exports and might well lead to increased overall world trade. And it would balance our books without there being a significant decline in the value of the dollar, which I believe is otherwise almost certain to occur.”

    In other words, Buffett’s proposal is designed to nudge markets toward equilibrium — not to punish America’s trading partners.

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    ‘The best thing to do’ for everyday investors

    While Buffett’s solution was never implemented, it’s clear that investors haven’t responded well to Trump’s version. Markets around the world have tumbled in the wake of his tariff announcements, with the sell-off wiping out trillions of dollars in global equity value.

    And while headlines are dominated by recession fears and rising geopolitical tensions, Buffett has consistently emphasized one unwavering belief — his confidence in America.

    “American business — and consequently a basket of stocks — is virtually certain to be worth far more in the years ahead,” Buffett wrote in his 2016 letter to shareholders.

    That same optimism carried through in his 2022 letter:

    “I have yet to see a time when it made sense to make a long-term bet against America. And I doubt very much that any reader of this letter will have a different experience in the future.”

    When it comes to individual investors, Buffett’s advice is as simple as it is enduring.

    “In my view, for most people, the best thing to do is own the S&P 500 index fund,” he famously stated. This straightforward approach gives investors exposure to 500 of America’s largest companies across various industries, providing diversified exposure without the need for constant monitoring or active trading.

    The beauty of this approach is its accessibility — anyone, regardless of wealth, can take advantage of it. Even small amounts can grow over time with tools like Acorns — a popular app that automatically invests your spare change.

    Signing up for Acorns takes just minutes: simply link your cards, and Acorns will round up each purchase to the nearest dollar, investing the difference — your spare change — into a diversified portfolio. With Acorns, you can invest in an S&P 500 ETF with as little as $5 — and, if you sign up today, Acorns will add a $20 bonus to help you begin your investment journey.

    While investing in an index fund is straightforward, some investors may want guidance on building a portfolio tailored to their specific financial goals. That’s where a professional can help.

    With Advisor.com, you can find the best advisor for your needs — both in terms of what they can offer your finances, and what they’ll charge to work for you.

    Advisor.com is a free service that helps you find a financial advisor who can co-create a plan to reach your financial goals. By matching you with a curated list of the best options for you from their database of thousands, you get a pre-screened financial advisor you can trust.

    You can then set up a free, no obligation consultation to see if they’re the right fit for you.

    What to read next

    Like what you read? Join 200,000+ readers and get the best of Moneywise straight to your inbox every week. Subscribe for free.

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • Robert Kiyosaki warns of a ‘Greater Depression’ coming to the US — with millions of Americans going poor. But he says these 2 ‘easy-money’ assets will bring in great wealth. How to get in now

    Robert Kiyosaki warns of a ‘Greater Depression’ coming to the US — with millions of Americans going poor. But he says these 2 ‘easy-money’ assets will bring in great wealth. How to get in now

    In light of President Donald Trump’s sweeping tariffs and the uncertainty surrounding them, many experts are warning that America may be headed for a recession. But according to Rich Dad Poor Dad author Robert Kiyosaki, something far worse is looming.

    “In 2025 credit card debt is at all time highs. U.S. debt is at all time highs. Unemployment is rising. 401(k)’s are losing,” he wrote in an X post on April 18. “U.S.A. may be heading for a GREATER DEPRESSION.”

    According to the Federal Reserve Bank of New York, Americans now owe a record $1.21 trillion on their credit cards. The U.S. National debt has climbed to $36.22 trillion. Meanwhile, the unemployment rate ticked up to 4.2% in March, and retirees are watching their 401(k)s shrink amid ongoing market volatility.

    Don’t miss

    The Great Depression of the 1930s was the worst economic crisis in modern history — marked by mass unemployment, widespread poverty and a collapse in consumer and business confidence. But by calling the next downturn a “Greater Depression,” Kiyosaki suggests it could be even more devastating.

    As he put it, “This coming Great Depression will cause millions to be poor … and a few who take action, may enjoy great wealth and freedom.”

    So, what kind of action is he recommending?

    “For those who take action today, when the crash crashes, those who invest in just one Bitcoin, or some gold, or silver … You may come through this crisis a very rich person,” Kiyosaki wrote.

    That advice should come as no surprise — Kiyosaki has long been a vocal proponent of these alternative assets, which he backed by making a bold prediction.

    “I strongly believe, by 2035, that one Bitcoin will be over $1 million. Gold will be $30K and silver $3,000 a coin,” he wrote.

    Let’s take a closer look at the assets he’s championing.

    Precious metals

    Kiyosaki’s endorsement of gold and silver is nothing new — he’s been advocating for precious metals for decades.

    Back in October 2023, he wrote on X: “Gold will soon break through $2,100 and then take off. You will wish you had bought gold below $2,000. Next stop, gold $3,700.”

    Gold prices surged in 2024 and have continued to climb through 2025, now trading around $3,300 per ounce.

    Gold has long been viewed as a safe haven. It’s not tied to any one country, currency or economy. It can’t be printed out of thin air like fiat money, and in times of economic turmoil or geopolitical uncertainty, investors tend to pile in — driving up its value.

    Ray Dalio, founder Bridgewater Associates — the world’s largest hedge fund — told CNBC in February: “People don’t have, typically, an adequate amount of gold in their portfolio,” adding that, “when bad times come, gold is a very effective diversifier.”

    For those looking to capitalize on gold’s potential while also securing tax advantages, one option is opening a gold IRA with the help of Thor Metals.

    Gold IRAs allow you to invest in gold or gold-related assets within a retirement account, thereby combining the tax advantages of an IRA with the protective benefits of investing in gold, making it an option for those seeking to ensure their retirement funds are well-shielded against economic uncertainties.

    When you make a qualifying purchase with Thor Metals, you can receive up to $20,000 in precious metals for free.

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    Real estate — revisited

    “Your house is not an asset” Kiyosaki once said during an interview with finance YouTuber Sharan Hegde in September 2023. “What is the definition of the word? If it puts money in my pocket, it’s an asset. If my house is taking money from my pocket, it’s a liability.”

    His point being that owning the home you live in often takes money out of your pocket in the form of mortgage payments, utilities, taxes and maintenance costs. Rental properties, however, are a different story.

    According to the Rich Dad website, rental properties can generate significant, regular cash flow when purchased and managed wisely. Additionally, increases in rents and property values over time can create “an important supplementary revenue stream.” While all investments carry some risk, cash-flowing properties are “generally less subject to the daily ups and downs” of the market.

    Today, you don’t need to be as wealthy as Kiyosaki to get started in real estate investing. Crowdfunding platforms like Arrived offer an easy way to get exposure to this income-generating asset class.

    With Arrived, you can invest in shares of rental homes with as little as $100, all without the hassle of mowing lawns, fixing leaky faucets or handling difficult tenants.

    The process is simple: browse a curated selection of homes that have been vetted for their appreciation and income potential. Once you find a property you like, select the number of shares you’d like to purchase, and then sit back as you start receiving rental income deposits from your investment.

    Bitcoin

    Bitcoin has been one of the top-performing assets of the past decade — and Kiyosaki is betting it still has room to run.

    On Nov. 29, he predicted on X: “Bitcoin will soon break $100,000.” On Dec. 4, the cryptocurrency surpassed that milestone, grabbing headlines worldwide.

    Although Bitcoin has since dipped below $100,000, Kiyosaki’s long-term forecast remains ambitious: $1 million per coin by 2035.

    He’s not alone in that view. Twitter co-founder Jack Dorsey said in an interview with Pirate Wires published in May 2024 that Bitcoin could hit “at least” $1 million by 2030 — and possibly go even higher.

    For those looking to hop on the bitcoin bandwagon, new crypto platforms have made it easier for everyday investors.

    For instance, Gemini is a full-reserve and regulated cryptocurrency exchange and custodian, which allows users to buy, sell and stores bitcoin and 70 other cryptocurrencies.

    You can place instant, recurring and limit buys on our growing and vetted list of available cryptos.

    But if you’re not ready to buy just yet, you can still invest in crypto with their Gemini credit card.

    What to read next

    Like what you read? Join 200,000+ readers and get the best of Moneywise straight to your inbox every week. Subscribe for free.

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • This San Francisco man purchased 1 small Costco product in April of 2024 — then resold it for a $600 profit only 11 months later. Here’s what he bought and how to mimic his savvy move

    This San Francisco man purchased 1 small Costco product in April of 2024 — then resold it for a $600 profit only 11 months later. Here’s what he bought and how to mimic his savvy move

    We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links.

    Everyone knows Costco is a great place to stock up — whether you’re in the mood for a giant cheesecake or a kayak you didn’t plan to buy. But did you know the warehouse giant could also be a surprising stop for investors?

    Just ask personal finance influencer Humphrey Yang.

    Don’t miss

    In April 2024, Yang purchased a one-ounce gold bar from Costco for $2,359.99. This past March, he walked into a gold dealership in San Francisco and filmed the moment he sold it for cash.

    “Right now, we’re paying $2,955.42 [per ounce],” an employee told him.

    With the spot price for an ounce of gold hovering around $3,020 at the time, Yang agreed to the deal — noting the price was reasonable given dealers typically buy slightly below market value.

    Moments later, Yang walked out with a stack of bills and a simple takeaway.

    “That was surprisingly easy,” he said. “$2,955 — that means I made a profit of $596 over the past 11 months or so.” The exact amount was $595.43.

    Gold prices have been surging recently. Since Yang sold his gold bar, the price has increased to approximately $3,300 per ounce. Goldman Sachs has raised its year-end forecast for gold from $3,300 to $3,700 — with a projected range of $3,650 to $3,950 — according to multiple news outlets.

    Why gold still shines in 2025

    Gold has long served as a store of value — and that hasn’t changed. Unlike fiat currencies, the glittering metal can’t be printed at will by central banks, making it a powerful hedge against inflation and monetary instability.

    It’s also long been viewed as the ultimate safe haven. Gold isn’t tied to any one country, currency or economy, and in times of economic turmoil or geopolitical uncertainty, investors tend to pile in — driving up its value.

    That may help explain why, while markets are getting whipsawed by tariff uncertainty and global tensions, gold has emerged as a bright spot. Over the past 12 months, the price of the precious metal has surged by more than 40%.

    Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, recently highlighted gold’s role in a resilient portfolio.

    “People don’t have, typically, an adequate amount of gold in their portfolio,” Dalio told CNBC in February. “When bad times come, gold is a very effective diversifier.”

    One way to invest in gold that also provides significant tax advantages is to open a gold IRA with the help of Thor Metals.

    Gold IRAs allow investors to hold physical gold or gold-related assets within a retirement account, thereby combining the tax advantages of an IRA with the protective benefits of investing in gold, making it an attractive option for those looking to potentially hedge their retirement funds against economic uncertainties.

    To learn more, you can get a free information guide that includes details on how to get up to $20,000 in free metals on qualifying purchases.

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    A time-tested income play: real estate

    Gold isn’t the only asset investors turn to during inflationary times. Real estate has also proven to be a powerful hedge.

    When inflation rises, property values often increase as well, reflecting the higher costs of materials, labor and land. At the same time, rental income tends to go up, providing landlords with a revenue stream that adjusts for inflation.

    Over the past five years, the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index has jumped by more than 50%, reflecting strong demand and limited housing supply.

    Of course, high home prices can make buying a home more challenging, especially with mortgage rates still elevated. And being a landlord isn’t exactly hands-off work — managing tenants, maintenance and repairs can quickly eat into your time (and returns).

    The good news? You don’t need to buy a property outright — or deal with leaky faucets — to invest in real estate today.

    One option is Homeshares, which gives access to the $30-plus trillion U.S. home equity market — a space that has historically been the exclusive playground of institutional investors. With a minimum investment of $25,000, accredited investors can gain direct exposure to hundreds of owner-occupied homes in top U.S. cities through their U.S. Home Equity Fund — without the headaches of buying, owning or managing property.

    With risk-adjusted target returns ranging from 14% to 17%, this approach provides an effective, hands-off way to invest in owner-occupied residential properties across regional markets.

    If you’re not an accredited investor, crowdfunding platforms like Arrived allow you to enter the real estate market for as little as $100. Arrived offers you access to shares of SEC-qualified investments in rental homes and vacation rentals, curated and vetted for their appreciation and income potential.

    Backed by world-class investors like Jeff Bezos, Arrived makes it easy to fit these properties into your investment portfolio regardless of your income level. Their flexible investment amounts and simplified process allows accredited and non-accredited investors to take advantage of this inflation-hedging asset class without any extra work on your part.

    What to read next

    Like what you read? Join 200,000+ readers and get the best of Moneywise straight to your inbox every week. Subscribe for free.

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • The US Treasury just shocked Americans with a $258 billion surplus — its 2nd biggest monthly surplus in history. Is Trump’s plan surprisingly working?

    The US Treasury just shocked Americans with a $258 billion surplus — its 2nd biggest monthly surplus in history. Is Trump’s plan surprisingly working?

    We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links.

    Budget deficits are something we’ve come to expect from Uncle Sam. After all, without years of overspending, the federal government wouldn’t be sitting on trillions of dollars in debt. But, the latest monthly Treasury statement delivered a rare — and welcome — surprise.

    In April 2025, the U.S. government collected $850.2 billion in receipts while spending $591.8 billion, resulting in a monthly budget surplus of $258.4 billion.

    Don’t miss

    That’s not just any surplus — it’s the first monthly surplus of fiscal year 2025 (which began in October 2024), and the second-largest monthly surplus in U.S. history, behind only April 2022’s $308.2 billion surplus.

    Does that mean President Trump’s plan is working?

    According to the U.S. Department of the Treasury, the surplus was driven by “large individual tax deposits,” with April being the due date for final payments on prior-year taxes and the first installment of quarterly estimated taxes for many individuals and businesses.

    Individual income taxes alone brought in $537 billion — by far the biggest contributor to government revenue for April. Social insurance and retirement receipts followed at $184 billion, while corporate income taxes added $94 billion.

    Customs duties — a reflection of Trump’s tariffs — generated $15.6 billion in April, more than double the $6.3 billion collected during the same month last year. Still, tariff revenue remains modest compared to other major contributors.

    On the spending side, the biggest outlay for the month was Social Security at $132 billion, followed by $89 billion in net interest, $82 billion for Medicare, $76 billion for health and $70 billion for national defense.

    Despite the hefty surplus, one strong month isn’t enough to reverse the broader fiscal trend. From October 1 through April 30, the U.S. government brought in $3.110 trillion in revenue but spent $4.159 trillion — resulting in a $1.049 trillion deficit for the fiscal year so far.

    So it’s no surprise the national debt continues to soar. As of this writing, the total outstanding debt of the U.S. government sits at a staggering $36.212 trillion.

    The takeaway? To run a surplus, you have to earn more than you spend. That might be a tall order for a government juggling countless programs — but for individuals, it’s a surprisingly simple (and achievable) strategy.

    Here are a few ways to boost your own fiscal health in 2025 — and beyond.

    Cutting waste from your spending

    If you want to improve your finances, the first step is understanding where your money goes each month. Track all your expenses for 30 days, then sort them into two categories: necessities — like rent, groceries, utilities and health care — and discretionary spending, such as dining out, entertainment, shopping and hobbies.

    This breakdown gives you a clear picture of your spending habits and helps identify areas where you can cut back. But trimming waste isn’t just about skipping lattes or takeout. Even in essential categories — like car insurance or banking — you may be spending more than you need to. The good news? With a bit of research, those costs can often be significantly reduced.

    Stop overpaying for car insurance

    Car insurance is a major recurring expense, and many people overpay without realizing it. According to Forbes, the average cost of full-coverage car insurance is $2,149 per year (or $179 per month).

    However, rates can vary widely depending on your state, driving history and vehicle type, and you could be paying more than necessary.

    By using OfficialCarInsurance.com, you can easily compare quotes from multiple insurers, such as Progressive, Allstate and GEICO, to ensure you’re getting the best deal.

    In just two minutes, you could find rates as low as $29 per month.

    Stop wasting money on bank fees

    Bank fees can quietly drain your finances over time. Even comedian Bill Burr once complained to Joe Rogan about his bank taking $28 out of his account every month “for no reason.”

    In reality, many traditional banks charge anywhere from $5 to $35 per month in maintenance fees, overdraft fees and other hidden charges.

    Online banks, on the other hand, typically offer lower fees (or none at all) since they don’t have the same overhead costs as brick-and-mortar institutions.

    For example, you can open a high-yield checking and savings account with SoFi and earn up to 3.80% APY Plus, SoFi charges no account, monthly or overdraft fees.

    The best part? You can get up to $300 when you sign up with SoFi and set up a direct deposit.

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    Let your spare change grow

    One of the easiest ways to cut financial waste is by putting your spare change to work instead of letting it sit idle. That’s where micro-investing apps like Acorns come in.

    When you make a purchase on your credit or debit card, Acorns automatically rounds up the price to the nearest dollar and invests the difference — the coins that would wind up in your pocket if you were paying cash — into a diversified portfolio of ETFs.

    Buying a coffee for $3.40? The app rounds it up to $4 and invests the extra $0.60. Over time, those small amounts can add up — especially if you’re consistently spending and saving.

    It’s a simple, set-it-and-forget-it way to build wealth from money you might not even miss — and, if you sign up today, Acorns will add a $20 bonus to help you begin your investment journey.

    Create a steady passive income stream

    Cutting expenses is one way to create a surplus — but boosting income can be just as powerful. And while asking for a raise doesn’t always lead to results, there are ways to earn money without clocking in extra hours. That’s where passive income comes in: money that keeps flowing with minimal day-to-day effort.

    One of the most popular passive income strategies? Real estate.

    When you own a rental property, tenants pay you rent each month — providing a steady stream of cash flow. It’s also a time-tested hedge against inflation, since both property values and rental income tend to rise along with the cost of living.

    Of course, purchasing a property requires significant capital — and finding the right tenant takes time and effort.

    Homeshares, gives accredited investors access to the $36 trillion U.S. home equity market — a space that’s historically been the exclusive playground of institutional investors.

    With a minimum investment of $25,000, investors can gain direct exposure to hundreds of owner-occupied homes in top U.S. cities through their U.S. Home Equity Fund — without the headaches of buying, owning or managing property.

    With risk-adjusted target returns ranging from 14% to 17%, this approach provides an effective, hands-off way to invest in owner-occupied residential properties across regional markets.

    What to read next

    Like what you read? Join 200,000+ readers and get the best of Moneywise straight to your inbox every week. Subscribe for free.

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • US Treasury Secretary Scott Bessent says the American dream isn’t ‘let them eat flat-screens’ or ‘cheap baubles from China’ — says Trump is focused on mortgages, cars, real wage gains

    US Treasury Secretary Scott Bessent says the American dream isn’t ‘let them eat flat-screens’ or ‘cheap baubles from China’ — says Trump is focused on mortgages, cars, real wage gains

    We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links.

    In a stunning reversal of policy, President Donald Trump slashed “Liberation day” tariffs on China from 145% to 30% for 90 days as of May 14.

    The landmark agreement between the world’s two largest economies has gained traction — erasing the stock market’s losses in the wake of “Liberation day” tariffs in early April.

    While the terms of the agreement aren’t publicly available, U.S. Treasury Secretary Scott Bessent said that the goal is to drive strategic decoupling between the two superpowers.

    “We do not want a generalized decoupling from China,” Bessent said during an interview with CNBC.

    “But what we do want is a decoupling for strategic necessities, which we were unable to obtain during Covid and we realized that efficient supply chains were not resilient supply chains.”

    Don’t miss

    However, industry-specific tariffs remain in place. This is part of Trump’s greater push to revive the country’s manufacturing sector.

    “We are going to create our own steel. [Tariffs] protect our steel industry. They work on critical medicines, on semiconductors,” Bessent said “We are doing that, and the reciprocal tariffs have nothing to do with the specific-industry tariffs.”

    But affordability remains one of the biggest concerns for Americans. The average tariff rate on imports stands at 17.8% — the highest since 1934. This is expected to cost median households in the U.S. approximately $2,800, according to a recent Yale Budget Lab report.

    However, Bessent argues that affordability isn’t just about cheap imports — it’s about ensuring Americans can build real financial security.

    “What I’m saying is the American dream is not ‘let them eat flat screens,’” Bessent noted during an appearance on NBC’s Meet the Press.

    “If American families aren’t able to afford a home, don’t believe that their children will do better than they are [doing], the American dream is not contingent on cheap baubles from China, it is more than that. And we are focused on affordability, but it’s mortgages, it’s cars, it’s real wage gains.”

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    Housing affordability remains a pressing issue

    Bessent’s remarks highlight one of the most pressing financial issues for Americans today: the soaring cost of homeownership.

    Over the last decade, U.S. home prices have surged, with the S&P CoreLogic Case-Shiller U.S. National Home Price Index nearly doubling. Federal Reserve Chair Jerome Powell has acknowledged the severity of the problem, pointing to supply constraints as a key driver.

    “The real issue with housing is that we have had, and are on track to continue to have, not enough housing,” Powell said at a press conference in September. He explained that “all aspects of housing” face challenges, including the zoning of land in desirable locations.

    “Where are we going to get the supply?” he asked.

    The gap between supply and demand is significant. An analysis by Zillow in June estimated the U.S. housing shortage at 4.5 million homes as of 2022.

    There’s also the issue of high mortgage rates, which stand at around 6.67%, meaning borrowing money to buy a home remains expensive.

    If you’re in the market for a home, Freddie Mac recommends shopping around by obtaining quotes from three to five lenders to secure the best mortgage rate possible. Even a small rate reduction can translate into significant savings over the life of a loan.

    To make this process easier, platforms like the Mortgage Research Center (MRC) can help you quickly compare rates and estimated monthly payments from multiple vetted lenders. By entering basic details — such as your zip code, property type, price range and annual income — you can view mortgage offers tailored to your needs and shop with confidence.

    Rising cost of car ownership

    Bessent also pointed to cars as part of America’s affordability issue. Even though pandemic-induced supply chain disruptions and chip shortages have eased, the cost of owning a car remains high.

    According to the American Automobile Association (AAA), the total cost of owning and operating a new vehicle in 2024 has climbed to around $12,297 per year — or $1,024.71 per month.

    One major recurring expense is car insurance, and many people overpay without realizing it. According to Forbes, the national average cost for full-coverage car insurance in 2024 was $2,149 per year (or $179 per month). However, rates can vary widely depending on your state, driving history and vehicle type.

    By using OfficialCarInsurance.com, you can easily compare quotes from multiple insurers, such as Progressive, Allstate and GEICO, to ensure you’re getting the best deal.

    In just two minutes, you could find rates as low as $29 per month.

    Find additional sources of capital

    With home values higher than ever, you can make your home work harder for you by making the most of your equity. The average homeowner sits on roughly $311,000 in equity as of the third quarter of 2024, according to CoreLogic.

    Having access to your home equity could help to cover unexpected expenses, pay substantial debt, fund a major purchase like a home renovation or supplement income from your retirement nest egg.

    Rates on HELOCs and home equity loans are typically lower than APRs on credit cards and personal loans, making it an appealing option for homeowners with substantial equity.

    Unlock great low rates in minutes by shopping around. You can compare real loan rates offered by different lenders side-by-side through LendingTree.

    Just answer a few simple questions, and LendingTree will match you with up to 5 lenders 1 with low rates today.

    What to read next

    Like what you read? Join 200,000+ readers and get the best of Moneywise straight to your inbox every week. Subscribe for free.

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • Ultra-rich Americans are pouring cash into this 1 ‘safer, less volatile’ asset class instead of stocks — and believe there’s ‘no bad time’ to buy it. Do you own any?

    We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links.

    With the stock market on a rollercoaster ride, recession warnings piling up and interest rates still elevated, you might expect Americans to hold off on big-ticket purchases. But for the ultra-wealthy, there’s one thing they’re still snapping up, even amid the chaos: luxury real estate.

    According to a new Wall Street Journal report, the number of U.S. homes sold for $10 million or more has surged in major markets since February.

    Don’t miss

    In Palm Beach, Florida, the number of $10 million-plus home sales jumped 50% between February 1 and May 1 compared to a year earlier. In Aspen, Colorado — a luxury ski destination — sales climbed by 43.75%. Los Angeles County followed with a 29% increase, while Manhattan saw a 21% uptick.

    For some, it’s a way to sidestep market volatility and preserve purchasing power.

    “The chance of taking a hit in the stock market is a bit too high for the reward, especially when we consider inflation,” said applied mathematician-turned-entrepreneur Dan Herbatschek. “Real estate is safer, less volatile.”

    When inflation rises, property values often follow, driven by the increased costs of materials, labor and land. Rental income tends to rise as well, offering landlords a revenue stream that adjusts with inflation.

    Herbatschek recently signed a contract to purchase a $12.25 million five-bedroom condo in New York City’s Upper East Side for his family, and he’s also acquiring three investment properties priced between $2 million and $5.5 million.

    Meanwhile, billionaire manufacturing executive David MacNeil has been expanding his footprint in Manalapan, Florida. In March, he signed a contract to buy a $55.5 million property next to a site he already owns — bringing his total real estate spending in Manalapan to a staggering $94 million over the past year.

    And he’s unapologetic about the price tag.

    “There’s really no bad time to buy great properties,” MacNeil remarked. “No one ever regretted buying the very best, whether it is a premium collector car or a piece of premium real estate. Scared money chases bargains, and smart money chases excellence.”

    How to invest in real estate — even without millions

    To be sure, real estate isn’t just for the ultra-wealthy. Regular Americans can benefit from it, too — just ask homeowners.

    Over the past five years, the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index has jumped by more than 50%, reflecting strong demand and limited housing supply.

    Of course, purchasing a property requires significant capital — and finding the right tenant takes time and effort. But thanks to new investment platforms like Arrived, you don’t need to own a property outright to gain exposure to real estate.

    With Arrived, you can invest in shares of rental homes with as little as $100, all without the hassle of mowing lawns, fixing leaky faucets or handling difficult tenants.

    The process is simple: browse a curated selection of homes that have been vetted for their appreciation and income potential. Once you find a property you like, select the number of shares you’d like to purchase, and then sit back as you start receiving rental income deposits from your investment.

    Another option is Homeshares, which gives accredited investors access to the $36 trillion U.S. home equity market — a space that’s historically been the exclusive playground of institutional investors.

    With a minimum investment of $25,000, investors can gain direct exposure to hundreds of owner-occupied homes in top U.S. cities through their U.S. Home Equity Fund — without the headaches of buying, owning or managing property.

    With risk-adjusted target returns ranging from 14% to 17%, this approach provides an effective, hands-off way to invest in owner-occupied residential properties across regional markets.

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    Warren Buffett’s advice

    While real estate clearly appeals to the ultra-wealthy, that doesn’t mean stocks are off the table.

    Take car dealership owner Todd Green, who recently bought a $17.8 million slopeside vacation home in Vail, Colorado. Despite the market’s ups and downs, he’s still heavily invested in stocks — and unfazed by short-term volatility.

    “It’s like Warren Buffett always said: If you’re thinking about the stock market over a period of a day or a week, you shouldn’t be in it,” he remarked. “I don’t plan on ever selling my stocks, so this is a little blip on the radar.”

    Buffett has long championed the power of long-term investing — especially through one strategy that doesn’t require stock-picking skills or market timing.

    “In my view, for most people, the best thing to do is own the S&P 500 index fund,” Buffett famously stated.

    This approach gives investors exposure to 500 of America’s largest companies across a wide range of industries, providing instant diversification without the need for constant monitoring or active management.

    Buffett’s belief in this strategy runs so deep, he’s built it into his own estate plan — directing that 90% of his wife’s inheritance will be invested in “a very low-cost S&P 500 index fund” after his passing.

    The beauty of this approach is its accessibility — anyone, regardless of wealth, can take advantage of it. Even small amounts can grow over time with tools like Acorns, a popular app that automatically invests your spare change.

    Signing up for Acorns takes just minutes: link your cards, and Acorns will round up each purchase to the nearest dollar, investing the difference — your spare change — into a diversified portfolio. With Acorns, you can invest in an S&P 500 ETF with as little as $5 — and, if you sign up today, Acorns will add a $20 bonus to help you begin your investment journey.

    What to read next

    Like what you read? Join 200,000+ readers and get the best of Moneywise straight to your inbox every week. Subscribe for free.

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • Trump made 1 big move in launching America’s sovereign wealth fund — but critics say it’s ‘preposterous’ and ‘unconstitutional.’ How to invest no matter who’s right

    Trump made 1 big move in launching America’s sovereign wealth fund — but critics say it’s ‘preposterous’ and ‘unconstitutional.’ How to invest no matter who’s right

    We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links.

    President Donald Trump has unveiled an ambitious vision for America’s financial future — the creation of a sovereign wealth fund that mirrors the strategies of resource-rich and oil-producing nations.

    On Feb. 3, Trump signed an executive order directing the creation of a U.S. sovereign wealth fund. The order mandates that the Secretary of the Treasury and the Secretary of Commerce develop a plan within 90 days, detailing funding mechanisms, investment strategies, fund structure and governance models.

    Don’t miss

    “We’re going to create a lot of wealth for the fund,” Trump told reporters that day.

    While Trump has floated the idea of using “tariffs and other intelligent things” for funding, no concrete financial source has been confirmed.

    The proposal has sparked both interest and criticism. Economist Peter Schiff, once a Trump supporter, slammed the idea as “preposterous” and “unconstitutional” — warning against government interference in the market.

    Colin Graham of Robeco echoed these concerns, noting that sovereign wealth funds typically rely on national savings — something the U.S. lacks due to its $36.22 trillion national debt.

    Skeptics argue that launching a wealth fund doesn’t make sense given the country’s high debt, seeing it as a sign of misplaced financial priorities.

    While political leaders debate policy, savvy investors should stay focused on what they can control — building and safeguarding their wealth regardless of who’s in the White House.

    Here are three simple ways to get started on building your wealth.

    Others have also raised concerns about the economic feasibility of such a fund.

    “The economic rules of thumb don’t add up,” said Colin Graham, head of multiasset strategies at Robeco in London. “Creating a sovereign wealth fund suggests that a country has savings that will go up and can be allocated to this.”

    The U.S. government doesn’t have much in the way of savings — it has debt. As of this writing, the U.S. national debt stands at $36.22 trillion, raising concerns about whether a sovereign wealth fund is financially viable.

    Whether Trump’s sovereign wealth fund becomes a game-changing wealth-generating force or faces insurmountable challenges, the responsibility falls to all Americans to take control of their own financial future. While governments debate policy, savvy investors have always prioritized building and protecting wealth — regardless of political shifts or who occupies the White House. Here’s a look at three easy ways to get started.

    Warren Buffett’s No. 1 strategy for everyday investors

    When it comes to building wealth, few investors have a track record as impressive as Warren Buffett.

    From 1964 to 2023, his company, Berkshire Hathaway, grew in value by 4,384,748%. In 2024, Berkshire became the first U.S. company outside of the tech sector to surpass $1 trillion in market value.

    Despite his legendary success in picking winning companies, Buffett doesn’t believe that’s the right approach for most investors. Instead, he champions a much simpler strategy.

    “In my view, for most people, the best thing to do is own the S&P 500 index fund,” he once famously stated.

    This gives investors exposure to 500 of America’s largest companies across various industries, providing diversified exposure without the constant monitoring or active trading.

    Buffett believes so strongly in this strategy that he has instructed 90% of his wife’s inheritance to be invested in “a very low-cost S&P 500 index fund” after he dies.

    The beauty of this approach is its accessibility. It also imparts an important lesson: Small, consistent investments can make a big difference over time.

    Investment tools like Acorns take advantage of this approach by automatically investing your spare change at checkout.

    How Acorns works is simple: Link your cards and Acorns will round up each purchase to the nearest dollar, investing the difference into a diversified portfolio.

    With Acorns, you can invest in Buffett’s top pick for most investors, an S&P 500 ETF, with as little as $5. Even better, Acorns will add a $20 bonus to help you begin your investment journey.

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    Trump’s towering fortune: real estate as an investment tool

    Real estate has been another powerful vehicle for long-term financial growth, and it’s a strategy that Trump himself knows well.

    Long before he entered politics, Trump built his fortune through high-profile real estate ventures, from luxury developments to commercial properties. Trump is estimated to be worth $7.5 billion, including cash and assets, according to Nasdaq.

    Investors gravitate toward real estate for good reason. Well-chosen properties can generate passive income through rent while potentially appreciating in value over time.

    Additionally, real estate can serve as a hedge against inflation. When materials, labor and land costs rise, property values often follow suit. In turn, rent tends to increase, allowing landlords to offset the impact of inflation.

    The best part? These days, you don’t need to be a real estate mogul like Trump to take advantage of this strategy.

    Platforms like First National Realty Partners (FNRP) help accredited investors own part of institutional-quality, grocery-anchored properties without the hassle of finding and managing properties themselves.

    FNRP leases to national brands like Whole Foods, CVS, Kroger and Walmart, which provide essential goods to their communities. Thanks to triple net leases, investors can collect grocery store-anchored income without worrying about tenant costs cutting into the bottom line.

    Schiff’s safe haven: why gold still shines

    For investors looking to add stability to their portfolios, gold remains a time-tested option.

    The price of gold has surged more than 40% since the start of January 2024, according to Goldman Sachs. In April 2025, gold passed a record-breaking $3,000 per ounce.

    During periods of uncertainty — tariff-driven or otherwise — investors often turn to gold. The precious metal is seen as a store of value against market volatility.

    Schiff, a long-time advocate for the yellow metal, believes this is just the beginning.

    “If gold can go from $20 an ounce to $2,600 an ounce, it can go from $2,600 to $26,000, or even to $100,000. There’s no limit because, again, gold isn’t changing — it’s the value of the dollar that’s decreasing,” he predicted on “The Lead-Lag Report” in November 2024.

    If you’re bullish on gold, you can opt for a gold IRA to hedge against market volatility by investing directly in precious metals ****rather than stocks and bonds.

    One way to invest in gold that also provides significant tax advantages is to open a gold IRA with the help of Thor Metals.

    Gold IRAs allow investors to hold physical gold or gold-related assets within a retirement account, thereby combining the tax advantages of an IRA with the protective benefits of investing in gold, making it an attractive option for those looking to potentially hedge their retirement funds against economic uncertainties.

    To learn more, you can get a free information guide that includes details on how to get up to $20,000 in free metals on qualifying purchases.

    What to read next

    Like what you read? Join 200,000+ readers and get the best of Moneywise straight to your inbox every week. Subscribe for free.

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • US experts warn ‘rogue’ devices found in Chinese solar power inverters could trigger widespread blackouts, report says — effectively a ‘built-in way’ to destroy the grid. Are you prepared?

    US experts warn ‘rogue’ devices found in Chinese solar power inverters could trigger widespread blackouts, report says — effectively a ‘built-in way’ to destroy the grid. Are you prepared?

    We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links.

    U.S. security experts have reportedly uncovered undocumented communication devices inside Chinese-made solar power inverters — hardware that’s widely used to support renewable energy infrastructure.

    According to a Reuters report, citing sources familiar with the matter, “rogue communication devices” that are not listed in product documents have been found in some inverters and batteries supplied by multiple Chinese manufacturers.

    Don’t miss

    Power inverters are used to connect solar panels to electricity grids. Though inverters are designed to allow remote access for maintenance purposes, utility companies typically install firewalls to block unapproved access. But experts warned Reuters that using the rogue components to circumvent those protections and remotely shut down inverters or change their settings could potentially destabilize power grids, damage energy infrastructure and trigger widespread blackouts.

    “That effectively means there is a built-in way to physically destroy the grid,” one source told Reuters.

    A spokesperson for China’s embassy in Washington told the news service: “We oppose the generalisation of the concept of national security, distorting and smearing China’s infrastructure achievements.”

    Reuters says the U.S. Department of Energy acknowledged there were challenges with manufacturers disclosing and documenting functionalities of emerging technologies. A spokesperson also noted, “while this functionality may not have malicious intent, it is critical for those procuring to have a full understanding of the capabilities of the products received.”

    The news service says both sources declined to name the manufacturers of the inverters and batteries with the extra components, and would not say how many they had found.

    The idea that a foreign-made component — quietly embedded in clean energy infrastructure — could one day be used to disrupt the U.S. power grid may sound like science fiction. But it can be a real threat to security experts.

    Individuals may be left wondering what they can do to prepare. Here are a few practical steps.

    Find a backup power source

    The best way to minimize the impact of a power outage is to have a backup power source, such as a generator.

    You probably won’t be able to power the entire house on a backup generator, but it should allow you to run some essential appliances — such as a fridge — when the grid is down.

    Of course, generators are big-ticket items and not every household is willing to invest in one. If you just want to charge electronic devices such as smartphones, tablets and laptops, you can get a power bank. Power banks store energy and come in different capacities. The bigger the capacity, the more charges it can provide.

    Build a blackout-ready supply stash

    The Federal Emergency Management Agency (FEMA) has previously recommended gathering enough essentials to sustain your household for at least 72 hours. That includes food, water, flashlights, batteries and any necessary medications.

    Without electricity, your refrigerator won’t keep food cold for long. Freezers can preserve food a bit longer, but in a prolonged blackout, spoilage is likely. To stay prepared, stock your pantry with non-perishable items that require little to no preparation. Canned goods like beans, vegetables and soup are reliable staples. Dried fruits, nuts, crackers, powdered milk and cereal also tend to have a reasonably long shelf life.

    You may want to get some bottled water, too, just in case something happens with the water supply during the power outage.

    Is your portfolio prepared?

    Being ready for a blackout isn’t just about flashlights and canned goods — it’s also about financial resilience. Geopolitical risks remain elevated, and markets have been anything but steady, with repeated shocks sending investors scrambling for cover.

    That’s why some investors have turned to assets deemed shockproof — investments that can hold their value, or even gain, during times of uncertainty.

    Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, recently highlighted the role of one time-tested asset in a resilient portfolio.

    “People don’t have, typically, an adequate amount of gold in their portfolio,” Dalio told CNBC in February. “When bad times come, gold is a very effective diversifier.”

    Long viewed as the ultimate safe haven, gold isn’t tied to any single country, currency or economy. It can’t be printed out of thin air like fiat money, and in times of economic turmoil or geopolitical uncertainty, investors tend to pile in — driving up its value.

    Over the past 12 months, gold prices have surged by more than 35%.

    For those looking to capitalize on gold’s potential while also securing tax advantages, one option is opening a gold IRA with the help of Thor Metals.

    Gold IRAs allow investors to hold physical gold or gold-related assets within a retirement account, thereby combining the tax advantages of an IRA with the protective benefits of investing in gold, making it an option for those seeking to ensure their retirement funds are well-shielded against economic uncertainties.

    When you make a qualifying purchase with Thor Metals, you can receive up to $20,000 in precious metals for free.

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    Real estate is another popular choice for investors looking to diversify. High-quality, income-generating properties can provide a steady stream of rental income — even when markets swing wildly.

    Of course, being a landlord comes with its own challenges. Managing tenants, maintenance and repairs can quickly add up in both time and cost. But today, you don’t need to buy an entire property — or fix a single leaky faucet — to invest in real estate.

    One option is Homeshares, which gives access to the $30-plus trillion U.S. home equity market — a space that has historically been the exclusive playground of institutional investors. With a minimum investment of $25,000, accredited investors can gain direct exposure to hundreds of owner-occupied homes in top U.S. cities through their U.S. Home Equity Fund — without the headaches of buying, owning or managing property.

    With risk-adjusted target returns ranging from 14% to 17%, this approach provides an effective, hands-off way to invest in owner-occupied residential properties across regional markets.

    Another option is First National Realty Partners (FNRP), which allows accredited investors to diversify their portfolio through grocery-anchored commercial properties without taking on the responsibilities of being a landlord.

    With a minimum investment of $50,000, investors can own a share of properties leased by national brands like Whole Foods, Kroger and Walmart, which provide essential goods to their communities. Thanks to Triple Net (NNN) leases, accredited investors are able to invest in these properties without worrying about tenant costs cutting into their potential returns.

    Simply answer a few questions — including how much you would like to invest — to start browsing their full list of available properties.

    What to read next

    Like what you read? Join 200,000+ readers and get the best of Moneywise straight to your inbox every week. Subscribe for free.

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.