If you’re currently in the market for a home, it will speed up the process considerably if you’re familiar with the various mortgage options available. Finding a mortgage that suits your current financial needs can be challenging, but understanding the various types of mortgages available and their requirements can make the process less challenging.
Of all the things you’ll purchase in your lifetime, it’s likely that your home will be the largest, most expensive purchase you will ever make. While homes vary widely in price throughout the U.S., the median price of a home today is close to $300,000.
For many early 20-somethings that are freshly graduated and are now facing credit card and loan bills, the last thing on their mind is investments.
Homeownership is the American dream. But is it for everyone? From a young age, purchasing a home is synonymous with success. However, there are some circumstances that need to be taken into account before making the decision to buy a home.
Fear of the Inevitable End Any investor knows the markets’ great returns over the last couple years. Most non-investors out of jealousy will undoubtedly be talking about the next stock apocalypse where everyone will need to batten down the hatches and hopefully start to hide that money in their mattress. Yes, market declines are a common thing.
We live in a society that values intelligence. For the most part, this is a great thing. However, we have placed an extreme amount of emphasis on being well-rounded. This is a good thing, right? Being able to do a little bit of everything? Maybe so, but economics shows that it may also lead people down the road to poverty. Imagine if people thought they are educated in everything.
How many times have you failed to do something out of fear? Or, talked yourself out of doing something because of it? What do we do when we're afraid? Well, it seems to me that is when one’s survival skill to follow the pack kicks in. When it comes to money, is anyone you’re following doing as well as they should? Given the statistics, I would say that is it an overwhelming NO.
When looking for any professional advisor, it is important to be able to match their characteristics, temperament, client profile and experience level to your own profile.
Congratulations Newlyweds! Your fresh union symbolizes a new beginning facing the world. But before the glow of wedded bliss wears, it’s crucial to talk about finances.
What’s the difference between a robo advisor and an actual financial advisor? It may seem like there’s an obvious answer - I mean one’s a software - but truly, what’s the difference in services between a robo advisor and a financial advisor?