Posted by Jack Sternberg on Friday, March 6th 2009 The number of homes listed for sale is falling in a lot of citiesIf you asked an economist why home prices have broadly fallen over the past 2 years, you’d get a short lesson in Supply and Demand. Too many homes...
In the world of credit scores, credit card accounts fall into the category of revolving debt. So if you have a blemish on your credit report, you should start closing credit card accounts, right? Especially if you’re not using them? Not so fast. Danny Rosario, credit...
A reverse mortgage is an interesting sort of financial product. Maybe you’re vaguely familiar with the concept. Let’s take a closer look at how it works specifically. The way a reverse mortgage works is simple – it allows senior citizens (at least 62 years old) to tap...
Our favorite investment vehicle is single family residential units. For proper diversification we suggest you spread your portfolio over a broad geographic area. But for our truly motivated investors who want to go big time, it can become something of a chore to keep...
There’s no shame in being an hourly wage earner. Heck, most people make their money this way – but here’s a powerful idea to ponder. You’ll never be truly wealthy as long as you get paid based on time. Of course, you can live very comfortably on an hourly rate,...
