Finding a good realtor to be your buyer’s agent is harder than you think — you want somebody you can trust and who has experience with both the neighborhoods and kind of home you’re looking to buy.
As the economy recovers, interest rates will start to increase. To many, rising interest rates are a bad thing because they lead to higher rates on mortgages, auto loans, and credit cards. Although it’s true that higher rates can hurt, rising interest rates can also be a good thing because you can earn a greater […]
If you’re just coming out of college or moving out on your own for the first time, you may be looking to rent an apartment rather than buy a home. And that’s A-OK. Unless you have been investing in well-performing mutual funds since your fifth birthday, renting may, in fact, be a better financial option […]
Two Yale Professors want you to borrow money to invest in the stock market. Economists Ian Ayres and Barry Nalebuff first pitched the idea in a 2005 Forbes column called Mortgage Your Retirement. Their philosophy is this: Young people should take advantage of the stock market’s propensity to deliver long-term gains by trading on margin. […]
So, you’ve made the decision to start investing, but you just aren’t sure what stocks to buy. Building a portfolio can seem like a complicated process, especially when you’re just starting out. And that’s a good thing, because it’s important to get your portfolio off on the right foot by investing in solid companies with […]
Dave Ramsey tells people that FICO scores aren’t credit scores; they’re “I love debt” scores. Case in point: Last week, I paid off my auto loan. This week, my FICO score dropped 60 points. Sixty! There have been no other changes to my credit report. Needless to say, I’m pretty flabbergasted…and pissed off…that my score […]