Wednesday 10th March
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Myth: Complex Investment Schemes Work Best
The Word on the Street There is a prevailing notion in our society that it is possible to get extraordinary returns out of the stock market by following a particular investment strategy, buying certain sectors of the market, finding stocks with... (Continue reading)
Myth: Rent is a waste (revisited)
The Word on the Street: I still struggle to convince people that paying rent is not a purely wasteful practice. I have already done several posts on this topic. The Truth: Paying rent can be cheaper than getting a mortgage, and the... (Continue reading)
Q&A: What does APR mean?
Question: My bank is currently offering a 3 month CD that pays a 4% APR. Does that mean if I buy a $5,000 CD, it will pay me $200 after 3 months? Answer: Short Answer APY Defined Other Rates Using Rates Short Answer The CD will not pay... (Continue reading)
Myth: The End Result Is All That Matters
A Shocking Discovery I was recently watching a financial self-help video from a very popular finance guru, and I was shocked to hear this person say that buying a home was a great investment because it would yield a very high... (Continue reading)