Are you currently in a position to invest? Congratulations! This is a very exciting time for you and I’m sure you have plenty of questions! The first of which might be, “How much do I invest?” For starters, you want to be sure that you have enough cash on hand to cater to an emergency. For most, this is an amount close to $10,000. If you have extra money besides that, I would strongly suggest that you invest it. But in what? Let me give you some options. […]
I’m woman enough to show you the flip side of the coin in our ongoing discussions on whether to pay off your mortgage early by adding extra payments or to invest that money instead. By now you have got to be tired of reading everything that I have to say on the subject, so I combed the interwebs on your behalf and found this awesome video making the case to invest and to not pay down your mortgage.
We’re talking about mortgages again. I promise you that I am not beating a dead horse but since this is the most expensive thing that most of us will every pay for, and since so many people are defaulting, I can’t help but covering this topic from many different angles.
I wrote a post called, 30 Year Mortgages Are For Suckers which ruffled a bit of feathers. Some of you agreed and some disagreed, but I want to back my argument up with the viewpoints of some financial gurus as well.