As a buyer, you love bad real estate agents because you can take advantage of them to get better pricing. As a seller, you obviously want a good listing agent so you can maximize your profits. According to the National Association Of Realtors, there are supposedly around 1.5 million real estate agents today. However, there
How Bad Real Estate Agents Can Cost Sellers A Lot Of Money Read More »
Are you wondering how the stock market has performed during previous Fed-rate-hike cycles? This article will explore whether stocks perform well or poorly when borrowing costs rise. On March 16, 2022, the Federal Reserve approved its first rate hike since December 2018. 11 Fed rate hikes later, the Fed Funds rate is at 5.25% –
Stock Market Performance During Previous Fed-Rate-Hike Cycles Read More »
You may want to pay down extra principal to qualify for a mortgage refinance. When mortgage rates are low, paying down principal to qualify for a lower mortgage rate is a smart move. The return on your capital could actually be quite high. But when mortgages are high, as they still are today, they paying
Should I Pay Down Extra Principal To Qualify For A Mortgage Refinance? Read More »
Even if the Fed hikes rates, it may have little impact on borrowing costs for mortgages. In general, the Fed is behind the curve when it comes to hiking rates. And that’s understandable. The Fed would rather be a little too slow in hiking rates than a little too fast in order to help our
Why Fed Rate Hikes Will Have Little Impact On Borrowing Costs Read More »
As a multiple property owner, I’ve done a lot of refinances over the last twenty years. So just how long does it take to refinance a mortgage loan nowadays? The short answer is: 2-3 months on average. This is up from one month on average before the global financial crisis. With rising mortgage rates in
Sequence of returns risk refers to the risk of receiving lower or negative returns early in a period when withdrawals are made from an investment portfolio. Withdrawals are made from an investment portfolio usually during times of financial duress or more traditionally, during retirement. If you happen to retire before a bear market hits, you
Sequence Of Returns Risk And How It Affects Your Retirement Read More »
One of the things I enjoy is debating with still employed people about the appropriate withdrawal rate in retirement. I like hearing about all their money plans for after they leave a steady paycheck behind. The thing is, once you retire, you will adjust your withdrawal rate according to market conditions. And when there’s a
Your Withdrawal Rate In Retirement Will Go Down In A Bear Market Read More »
Despite being a shareholder in Tesla stock since early 2018, I’ve held off on buying an electric vehicle. With limited funds, it always felt better to invest $50,000 in the stock for potential profit than spend $50,000 on a base-model Tesla car. Besides, I had just bought a 2015 Range Rover Sport in December 2016
Getting An Electric Vehicle May Finally Be Worth It Read More »
In a strong housing market, you may want to buy a fixer-upper property that fewer people want in order to get in. If you’re young and full of energy, buying a fixer to build sweat equity is a good idea. I did so twice to some great returns. Let me share whether you should buy
Should I Buy A Fixer-Upper Property? Evaluating The Pros And Cons Read More »
Well folks, the volatility is back again. There’s a growing chance of a recession after 11 Fed Rate hikes and now trade wars by the Trump administration. What’s worse, there might actually be stagflation, where inflation remains high while economic output declines. For those of you who’ve been consistently investing since 2009 or earlier, experiencing
Four Important Signs A Recession May Be Imminent Read More »
