Thursday 11th March
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Q&A: How could renting be better than buying?
This post is written in response to a question that a friend of mine asked. Here is his question: Question: When I think about rent VS buying I often think back to those dental students in [Ohio]. They bought condos, lived... (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)
Myth: Tapping home equity brings wealth
The Word on the Street: The latest financial fad has financial planners advocating plans wherein the client (you) takes home equity loans or refinances their house to take out the equity in it, and then invests these funds (preferably... (Continue reading)
Myth: Keeping a Mortgage Will Save Money
The Word on the Street: This is one of the big myths of our day. The myth holds that keeping a mortgage to its full term, rather then paying it down early, is wise because the homeowner can deduct... (Continue reading)