Should we be paying off debt right now or investing? Simple question, but the answer can be complicated by our risk tolerance, retirement plans, and interest rates. But I have developed a system to help with this dilemma. My proprietary solution is a set of simple equations that allow us to calculate what our financial situation will look… Read More »
I want to buy some corporate bonds. Verizon recently issued a record amount and I’m thinking about getting in on the 10 year 5.15% tranche before they become too popular 😕 Making over 5% return a year doesn’t sound too bad 🙂 On a risk adjusted bases this BBB+ bond offering is probably one of the best investment opportunities out… Read More »
Over the course of our careers we are expected to make more money as we become more skilled and experienced in our field 🙂 But with everything from food to housing becoming so expensive some people may be led to believe that we will always be losing real purchasing power because our pay raises will never grow as… Read More »
The Student Loan Dilemma Many students are hesitant to take out student loans. Is improving your human capital through further education a good reason to take on debt? The Changing Times In 2002 there was $300 billion federal student loans outstanding in the US. Today it’s more than $900 billion. Part of this dramatic increase is due to the… Read More »
A home equity line of credit or HELOC is a revolving credit secured by a home. It can be used to lower borrowing costs, or pay for tuition, or unexpected expenses. It can even help people invest 😎 If we’ve worked hard to build up equity in our homes then why not make that equity work for us? 😉… Read More »
One of the benefits of home ownership is the ability to secure a loan against it, other than the primary mortgage. This can be done through a home equity LOC, or a second mortgage. A few years ago I was part of the young and prudent group of people in their early twenties who bought a home in… Read More »