A mortgage is a negative bond. Buying stocks while having a mortgage is the same as buying stocks on margin. So is buying stocks while renting.
If you get something for free it’s the same as income only if you’d pay the cash price anyway. If you are paying up front, it’s just a different way to pay for an expense.
What is an asset and what is an investment? Are all assets investments? Are all investments assets? Is your home an asset or an investment or both?
Barclaycard Arrival Plus™ World Elite MasterCard® is the best card for “everything else” spending. It added more perks and Chip & PIN for international travel.
This articles explains how bond closed-end funds work and how they are better or worse than the traditional open-end mutual funds and ETFs.
[Updated on October 17, 2014 with a new example.] I said in The Case Against Roth 401(k) I think for most people the majority, if not 100%, of the contribution should go to a Traditional 401(k). I gave these reasons: Fill in lower tax brackets in retirement Avoid high state income tax Leave the option open […]
Why HSA contribution limit for family coverage isn’t exactly twice the limit for individual coverage.
Eli Lilly Federal Credit Union (Elfcu) adds $3 monthly fee to its HSA if a $2,500 minimum balance isn’t maintained in the savings account. Still a good choice but consider other alternatives.
Premium survey from your state government can help you narrow down the list of companies you contact for auto and home insurance quotes.