Interactive Brokers (IBKR) offers attractive margin loan rates but it isn’t obvious how to open an account in the name of a trust. Here’s how.
How To Pay Off SBA COVID-19 EIDL Loan Early: A Walkthrough
A detailed walkthrough of all the steps in how to find the current balance and pay off or pay back the SBA COVID-19 EIDL loan early.
COVID-19 Loans for Self-Employed: Where to Apply
CARES Act created loan programs for the self-employed. Get your loan applications in. Worry about loan forgiveness later.
Savings Rate and Mortgage Loan Payments
The final answer on whether loan payments are savings or an expense.
Is Home Mortgage Simple Interest Or Compound Interest?
I had a good chuckle while reading this epic discussion thread on the Bogleheads Investment Forum: Does a home mortgage use Simple or Compound Interest? It sounds a like factual question, as in "Is Miami located to the north or south of Boston?" The answer shouldn’t be ambiguous or subject to opinion or interpretation. You […]
Savings Secured Loan: Good Or Not?
I received an interesting offer in the mail from my credit union. It’s for a savings secured loan. The credit union offers to give me a loan if I pledge an equal amount in my savings account as collateral for the loan. If I pledge $10,000, they will lend me $10,000. If I pledge $50,000, […]