Posts Tagged ‘Investing’

Myth: Rent is a waste (revisited)

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)

Tagged with:             

Q&A: What does APR mean?

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)

Tagged with:     

Myth: The End Result Is All That Matters

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)

Tagged with:                 

MythTip: Recession Part 2 — Consider Bonds

MythTip: Recession Part 2 -- Consider Bonds

This post is a follow-up for MythTip: Recession Part 1. If you are nearing the time when you want to pull out your money from your investments, then bonds might be a good way to take advantage of a... (Continue reading)

Tagged with: