Summary: Ancient philosophers invented paradoxes as puzzles to sharpen their wits. Can a contradictory statement be true and false simultaneously? Click through to see how seemingly illogical situations can lead to investing success. Investing and finance reveal some paradoxes that make obvious-seeming truths appear impossible. A glance at some relevant cases shows how economics and […]
Summary: How much risk can you handle with your mortgage payment? And are you okay with your payment rising eventually if you can save a significant amount of money early on? Click through to learn if an ARM is right for you. An adjustable-rate mortgage, usually referred to as an ARM, is a type of […]
Summary: A reverse mortgage can provide seniors with a steady income stream during their retirement years. But these mortgage products do come with a downside. Click through to see how they might prevent you from leaving your home to your loved ones. A reverse mortgage is a type of loan open to homeowners age 62 […]
Summary: You know it’s important to take out a life insurance policy to provide financial protection for your loved ones. But should you take out a term or whole life insurance policy? And what’s the difference between these policy types? Click through to learn how to make a good decision. You have many life insurance […]
Summary: Want to boost your odds of qualifying for a mortgage loan with the lowest interest rate? You’ll need a strong FICO credit score and more. But the key factor is consistency. Click through to find out why that is the key issue. If you work as a freelancer or independent contractor, your income might […]
Summary: Would you enjoy joining, or even launching, a club for like-minded fellow investors where you can meet to discuss your financial ideas and discover opportunities? Click through to find out more about investment clubs. Groups generally make better decisions than lone individuals. They can amass more information and diverse points of view. That can […]
Summary: It’s an amusing story that probably isn’t even true, and yet it’s full of some deep wisdom that any investor should take to heart. Click through for a surprising tale about some very successful investors — and what you can do to be successful too. Dead investors don’t read The Wall Street Journal, sell […]
Summary: No homeowner enjoys paying for private mortgage insurance (PMI), which protects your lender in case you default. But how much can you save by coming up with a down payment that is large enough to eliminate PMI from your loan? Click through for the details. Your lender is taking a risk by loaning you […]
Summary: If you worry that inflation will diminish your retirement savings, or that you’ll outlive them, you might want to invest in annuities. Annuities are not subject to IRS contribution limits, are less volatile than market investments and offer a pension-like cash flow. Click through to learn more. An annuity is a contract between you […]
Markets never move in straight lines. Dramatic bear market rallies can make up many points of lost ground at warp speed. Investors pile in, driven by fear of missing out and other factors. Click through for some thoughts to help you remain a rational investor. After a first burst of excitement, keen buyers may reconsider […]