Author: Karim Rahemtulla, Wealthy Retirement

Believing conventional wisdom about homeownership can be an expensive mistake.

This weekend, sit down and go over every account where you have cash sitting and earning next to nothing. Spend an hour opening a couple of online accounts at the following banks, and let your money grow while you sleep!

In short, when I speculate and think I will hit it big, I want to defer my taxes completely.

I guarantee you will spend less frivolously going forward.

Even Buffett himself has admitted that he’s made some blunders. And there’s a lesson to be learned from one of his biggest mistakes: It’s never too late. In today’s piece, I’ll explain exactly what that means – and how to apply that mindset to your own investing.