Steering Your Way To Wealth Professional management: You work with your adviser to build your investment plan and determine your asset allocation. When it's time to put your plan into action, you rely on a professional manager to pick the investments, monitor your portfolio and rebalance as required. This is like taking a chauffeur-driven car. You choose where to get on and off and you can also pick the route, but the actual driving and day-to-day maintenance is done by someone else. [More] Foreclosure Home Deals What's an REO Foreclosure? This stands for "Real Estate Owned", or in other words, property that was foreclosed upon by the bank holding the mortgage, and now belongs to the bank. But, the bank is a bank and not a real estate investment firm. They are simply not in the business of residential real estate and have no interest in the home other than to recoup their investment. [More] Using Land Trust "Just another strategy for investors" Living trusts - Are created during the lifetime of the trustor. Property held in a living trust is not normally subject to probate (the court-supervised process to validate a will and transfer property on the death of the trustor). In Washington, because such property is not subject to probate, it need not be disclosed in the court record and confidentiality may be maintained. Such trusts are widely used because they allow the trustor to designate a trustee to provide professional management. [More] Return on Equity Return on Equity is essentially a calculated measure of a specific company's profitability..