If you bought a home during a high-interest rate environment, it’s wise to prepare for either a mortgage refinance or a recast. Interest rates have been gradually coming down since their highs of 2022, but also started going up after Trump became president. Over the next four years, I suspect millions of existing homeowners will […]
Letting An ARM Reset Is Similar To A Free Mortgage Recast Read More »
Since 1999, I’ve been climbing up the property ladder to find the perfect house in a big city. What I’ve realized is that there’s no such thing as the perfect house. There’s a good-enough house or an almost-perfect house, but there’s always at least one or two things missing to make a house ideal. Additionally,
The Perfect House To Raise A Family In A Big City Read More »
If you want to invest in venture capital, I believe it’s more beneficial to invest in a venture capital fund than in individual private companies. By investing in a venture capital fund, you will not only decrease your chances of losing money but also increase your chances of earning a positive return. I’ve been a
Why Venture Capital Funds Beats Investing In Individual Companies Read More »
If you want career, financial, and social success, don’t beat up your opponents too badly while smiling. This advice might sound odd or even obvious, but not adhering to it can have tremendous negative consequences. Anyone who has ever jet-skied knows it’s impossible not to smile while riding the waves. Well, I can’t help but
Don’t Beat Up Your Opponents Too Badly While Smiling Read More »
During my days of purchasing homes with mortgages, I had a fondness for adjustable-rate mortgages (ARMs). The appeal lay in securing a lower interest rate compared to a 30-year fixed-rate mortgage. Further, it’s better to align the fixed-rate duration with my planned homeownership tenure. With the average duration of homeownership being approximately 12 years, opting
No Rush To Pay Off Your Adjustable-Rate Mortgage Before It Resets Read More »
When my son was born in April 2017, I promised to become a full-time father until he turned five. I was so serious about this commitment that I sold our largest rental property to free up time. This property was supposed to be our crown jewel for my wife and my retirement plans. However, something
From Part-Time To Full-Time Fatherhood: A Tricky Transition Read More »
One of the most common pushbacks I get from some of my investing and economy-related articles is that the stock market isn’t the economy. To conflate the two could be a mistake. I see their point of view as not everybody owns stocks. Therefore, not everybody will benefit from rising stock prices. As an example,
The Stock Market Is Absolutely The Economy, Here’s Why Read More »
Wondering how much to spend on vacation while being fiscally responsible and still having a good time? In this post, I offer a vacation spending guide to help you manage your spending responsibly without compromising on fun. I came up with this guide because I’m not sure people realize the true cost of their vacations
A Vacation Spending Guide: The True Cost Is More Than You Think Read More »
Have you ever feared running out of money? I have. This fear is why there’s a phenomenon called the “one more year syndrome,” where workers keep working to save more, even though they’ve run the numbers and know they have more than enough to live comfortably in retirement. Yet, 10 years later, they are still
You Will Never Run Out Of Money Because You’re Rational Read More »
For over a decade, I’ve been witnessing a phenomenon that has left me scratching my head. A commenter will say how the economy is suffering and people are experiencing financial hardship. Then, when I ask them about their personal hardships, they say they’re doing great. This disconnect has been repeated over and over until I
The Financial Doom And Gloom You See Is Probably Not Real Read More »
