There’s nothing new about buying a house and renting it out to make some extra income, but the flood of foreclosures that began in 2007 sparked fresh interest in purchasing rental real estate for investment. Today, millions of individual investors, as well as huge Wall Street hedge funds, have invested billions of dollars into purchasing [...]
Let’s face it: few people like to talk about life insurance, let alone buy it. Benjamin Franklin, who was instrumental in creating the first life insurance company, the Presbyterian Ministers’ Fund, subsequently found that various religious authorities were outraged at the practice of putting a value on human life. Criticism cooled, however, when it was [...]
The Fed was right about some of its stimulus policies, basically. A new study shows that the Federal Reserve's bond-buying stimulus program, which has kept mortgage rates artificially low for the past four years, had a measurable, positive impact on American households and the economy. Of course, it didn't work in the exact way the [...]
So you’re getting married and you’ve opted to change your last name. Congratulations! But as you’ll soon find out, changing your name is not quite as simple as just signing the marriage license. You need to notify a number of different agencies about your name switcheroo. It’s a bit of work, but don’t worry—it’s not [...]
College is a step toward independence for many young adults. It may be your first time living away from home and managing your own finances, and the prospect is likely both exciting and daunting. When you start college, it’s important to be prepared for the changes that life will throw at you. Here are eight [...]
It’s possible to buy a house with no regrets – if you’re willing to do your homework first. http://youtu.be/N7CALu_mAk0 In a survey conducted in the second quarter of 2014 by Chase Bank, 39 percent of people said they’d choose a house of a different size, different price or even in a different area if they [...]
As many people are recognizing that their car is an underutilized asset and that technology has turned it into a potential money-maker, car-sharing and ride-sharing programs are becoming more popular. Car-sharing companies, such as Relay Rides, allow individuals to rent their cars to strangers for a specified fee over a fixed period of time. Car [...]
If you want to throw your hard-earned money into a hole, then buy permanent life insurance. While life insurance is a key component of your financial planning, it shouldn't be an expensive investment vehicle. Your policy should cover enough to replace the lost income if you die, or your spouse dies, so that the remaining [...]
Whether you're finishing your bachelor’s degree, getting your master’s degree or a professional certificate, or going to college for the first time, furthering your education is an expensive investment. But, like any other investment, you can earn a lot more than you initially spent, if you do it right. According to 2012 data from the [...]
No one is going to plan your retirement for you—at least not for free. A paid financial advisor can certainly direct your capital to the right stocks, bonds, and funds, but so can you. It may take some time and effort to truly wrap your head around the investment landscape, but the end results are [...]
