Mortgages Part V – Good Debt? Dangerous Drug? Or Both?
Is mortgage debt good debt? A dangerous drug? Or both? All debt acts like a drug. Debt artificially changes your personal financial metabolism, accelerating personal
Is mortgage debt good debt? A dangerous drug? Or both? All debt acts like a drug. Debt artificially changes your personal financial metabolism, accelerating personal
Mortgage banks will quote you a mortgage interest rate, with the option to pay more money upfront, in the form of ‘points,’ for a lower
Why are 15 year mortgages cheaper than 30 year mortgages? The answer has to do with the interest-rate curve. Contrary to what some may believe,
It seems overly dramatic1 to write that Thomas Stanley and William Danko’s book The Millionaire Next Door changed my life, but actually it kind of did.
In the past year I subscribed to the newsletter of an investment adviser about whom I know very little. Pretty much every month he comes
Dear Banker, Most months we manage to cover our costs and have a little extra left over. Sometimes I send the bank an extra $500
I founded Bankers Anonymous because, as a recovering banker, I believe that the gap between the financial world as I know it and the public discourse about finance is more than just a problem for a family trying to balance their checkbook, or politicians trying to score points over next year’s budget – it is a weakness of our civil society. For reals. It’s also really fun for me.
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