For the longest time traditional financial advisors would use fear as a control method to maintain control over their clients assets. They would feed their clients lines about having access to the latest technology, the best funds, the greatest this, … [Continue reading]
Should I get a Reverse Mortgage?
Question: Should I get a Reverse Mortgage? Short answer: You should consider all other options first before looking into a reverse mortgage. Reverse mortgages tend to have very high fees and complex structures that often leave the homeowner or … [Continue reading]
BYOA Question: Should I Pay off My Debt or Invest?
Question: Should I pay off my debt or invest? Short answer: If the interest rate on your debt is less than your anticipated investment return you should invest while understanding the risks of investing. However, if you lack self control or have … [Continue reading]
Vehicles are not Assets
Question: Should I consider my vehicle an asset or an expense? An "asset is an economic resource. Anything tangible or intangible that is capable of being owned or controlled to produce value and that is held to have positive economic value is … [Continue reading]
Pay my Student Loans or Invest in 401K?
Question: I just graduated and now have a good job make more money. Should I pay my student loans or invest in my 401K? Simple Answer: This question has three basic answers that can apply to this situation: You can pay 100% to your student loans … [Continue reading]