When you hear about investing for retirement, you usually hear about mutual funds. More specifically index funds. Especially if you have been reading my articles. It's not just me. Index funds are widely held as one of the best investments for retirement. Especially if you want the easy way out. Even Warren Buffett recommends index funds for the average … [Read more...] about How to Choose Specific Index Funds for Retirement Based on Your Age
Archives for April 2014
Everything You Need to Know Before You Start Paying Off Your Home Early (Part 2)
Today is the 2nd and final part in this series. If you missed part 1, you can read it here. One of the discussions that came up in part 1 was about investing instead of paying off your home early. It's a common perspective that you shouldn't pay off your mortgage early, but you should invest the money instead. It makes sense, because mortgage rates are low right now … [Read more...] about Everything You Need to Know Before You Start Paying Off Your Home Early (Part 2)
Everything You Need to Know Before You Start Paying Off Your Home Early (Part 1)
"I'm in debt. I am a true American." -Balki Bartokomous It's true. Just about every person in American (and much of the world) is in debt. We are so used to it that we even consider ourselves to be debt-free when we still have a mortgage. You know how it goes... "Yeah, I'm debt-free...well, except for my house." If you have a mortgage you are not … [Read more...] about Everything You Need to Know Before You Start Paying Off Your Home Early (Part 1)
To Rent or to Buy Your Home [Infographic]
To rent or to buy...that is the question. I recently wrote an entire 2-part article about this. This infographic explains a few more points. It's not an easy decision, so you will want to do some research. You're in the right place. You're about to see some facts and statistics that should help in your choice. You will see: The difference between buyers … [Read more...] about To Rent or to Buy Your Home [Infographic]
It is Dumb to Pay Your Mortgage Off Early?
We've compared renting to buying. I've written about powerful strategies for paying off your mortgage early. That's for those of you who decided to buy. But, before you decide to pay off your mortgage early, you need to ask yourself a very important question: Should you pay your mortgage off early? Some people believe paying off your mortgage early is dumb. Let’s … [Read more...] about It is Dumb to Pay Your Mortgage Off Early?