Do you have a sizable amount of cash sitting in the bank earning almost nothing in interest? This could include your emergency fund, which may in some cases be as large as 12 months' worth of expenses, though most of the time only 3 months' worth needs to be immediately available. This could also include … Continue reading Money Sitting In The Bank? Consider Treasuries
Don’t Take Out Personal Loans To Invest
A recent survey by MagnifyMoney found that a significant portion of investors, particularly younger investors, have taken on debt to invest. Out of about 1000 investors surveyed, 40% took on debt to invest. Here's how that broke down by age group: Generation Percent who took on debt to invest Z80%Millennials60%X28% Baby boomers 9% Of those … Continue reading Don’t Take Out Personal Loans To Invest
What Is Inflation And Why Should You Care?
When I wrote a recent article about emotional investing and optimal investing strategies, I did not take inflation into account, as I was following the methodology of the Seeking Alpha article called The Shocking Returns Of The Investor Who Only Bought At Market Tops. However, the more I thought about the setup, the more unrealistic … Continue reading What Is Inflation And Why Should You Care?
Will Home Prices Decrease When Mortgage Rates Increase?
As we are currently experiencing rock-bottom mortgage rates under 3% for a 30-year fixed mortgage, it's only natural to wonder what will happen to home prices when interest rates finally increase again. This is particularly important for first-time homebuyers who are planning to buy a house in the near future but still have to wait … Continue reading Will Home Prices Decrease When Mortgage Rates Increase?