Summer rolls along, theme parks are open and lines for roller coasters are long. Wild rides are fun, but you probably want a more predictable path when investing. Let’s look at some parallels and distinctions between the equity markets, thrill rides and the overall economy.
As you near retirement, you may foresee a need for more money in the golden years than your savings can handle. You look to use Social Security, careful withdrawals from qualified accounts and maybe annuities. Can you also use one of your biggest assets: your home and its equity in the form of a reverse mortgage?
For most of us, our home is the largest investment we ever make. Counter your understandable butterflies at such an outlay of money by knowing as much as you can about the process in advance.
Dream of hanging your hat on a rack that you own? Purchasing a home is a financial decision and an emotional one – and buying at the wrong time or for the wrong reason can mean a big mess. Here are factors to consider before you sign that dotted line.
The idea was logical enough: The government should step in to restore the housing market, which the financial crisis had crippled. Too bad that these seemingly noble efforts were ineffective.
Are you tired of the ever-increasing volume of financial documents, but not sure what you can toss? What follows is a general guide of what records to keep and for how long.
When we talk about financial fitness, one of the most important measures is the value of our assets. The problem is that we often have false expectations about some asset types, and we need to break those illusions to focus on our real financial condition.
The housing comeback from the Great Recession has been long and slow. Now, finally, it looks as if we are finally getting some traction.
Most homeowners have insurance because their mortgage lenders require them to. But two-thirds of them are under-insured, and more than 60% of renters don’t have insurance.
You might view divorce as a series of distinct steps: filing the paperwork, negotiating with your ex, getting a settlement and reaching the end of your marriage. Yet still more work – sometimes lots of it – remains after your divorce.