Category Archives: Financial Advice

The Five Pillars of Midas Legacy

Healthy living

Healthy living is a common term nowadays, but its meaning is always misunderstood. According to The Midas Legacy, a research firm dedicated to investment advisory, healthy lifestyles refers to the small but important things in your life. They include moderation in everything including the appetite for wealth, sex life, material and consumer goods among others. They have understood that healthy living involves inner peace with self. It means appreciating your environment and striving to make it better every day.

Appreciating your environment

It is in appreciation of what you have that you can know what can be done to improve it. Some people focus on negativity, and the negative energy takes away their appreciation of what they have. They miss out on clues about opportunities that they can pursue successfully. If there are poor amenities, you can invest in improving facilities in your region. The Midas Legacy focuses on making people understand that entrepreneurship is a product of an idea to solve a problem in the society. If you are not keen enough to notice the gaps, you may end up copying others and not fully benefiting from your idea.

Read more: Real Estate Riches


Every time people hear of investments, they see stocks, shares and so on. They do not see the option to start your company. Those who understand entrepreneurship believe that it is too risky or unrewarding. The Midas Legacy offers extensive mentor-based training on entrepreneurial process. From finding ideas, refining the ideas, research, decision making, capitalization, and decision-making. The company has compiled various materials for customers, host seminars and training workshops for clients and provide a network of investors.

Retirement planning

There is no better time to plan your retirement than today. Midas legacy is to be your partner in retirement planning. Retirement planning involves investment decisions, saving, family goals and relationships among others. This is why the company has invested heavily in learning the importance of having a holistic life that is guided by spirituality and discipline. Multitudes of people follow the popular culture that praises debauchery and indulgence, but Midas believes in spiritual growth and support structures.

Building for the future

You do not need instant success; you can build for the future. Midas Legacy is based in Florida, and its formal role to clients is to be a partner to build a future. Customers come to the company to know how to create a healthy future. Through innovative technologies in research and development, the company is achieving these goals to its customers.

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Wealth Solutions Advises Against Airbnb

On March 16th of 2016, a registered investment advisory firm called Wealth Solutions released a blog post that advises homeowners interested in leasing rooms, homes or apartments to short-term tenants in order to supplement their income against using Airbnb as well as other online rental platforms. This recent blog post explains that the $1 million host guarantee that Airbnb offers is secondary to insurance as it specifically excludes certain losses. This guarantee is not sufficient enough to cover liability risks that are of importance to homeowners such as: property damage, theft or personal injury. A lack of proper insured coverage for a homeowner that leases their home could potentially result in unexpected law suites and loss of income not to mention possible cancellation of their current homeowners policy in the event of a claim. Wealth Solutions advises that in order to protect yourself from these potential damages a homeowner interested in leasing their home should either upgrade their existing insurance, add short-term rentals coverage to their current policy or obtain a business liability policy.

If the homeowner is interested in providing a bed-and breakfast service they are most often required to submit to inspections, pay taxes as well as hold a commercial license. This is why it is important to seek professional legal advise through a qualified attorney and also a qualified financial adviser.

Executive and sole owner of Wealth Solutions, Inc., located in Austin Texas,
Richard D. Blair, specializes in Risk management, Finance, Investments and retirement. He is certified in RICP (Retirement Income Certified Professional) and CEP (Certified Financial Planner). CEP designers are exposed to approximately 100 topics on integrated financial planning including insurance. Other major topics include but are not limited to: Estate Tax and planning, Asset Protection, State and Federal Tax, Employee Benefits and Securities.

Richard Blair earned his Bachelors Degree in finance through the University of Houston. He developed his firm in October of 1996 with the goal of providing objective financial advice and customized investment, retirement and wealth preservation strategies. Richard Dwayne Blair’s qualifications and experiences have granted him the professional ability to act as a financial adviser in business, real estate matters, as well as other financial areas of expertise.

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