Take Out Equity, Take On Debt
Real estate is of vital importance for a majority of Americans. According to a study by the Federal Reserve from August of 2020, real estate makes up more than half of Americans’ net worth. Considering that the median home price is up 16.2% since then, it’s safe to assume that an even larger percentage of…
Read MoreTime to Stop the Stimulus
The economy is in recovery, which means we are no longer in need of massive government intervention and relief. When COVID-19 first hit, we saw the Federal, State, and local governments shut down their economies to slow down the virus. Economists and politicians will spend years debating whether the benefits of the shutdowns justified the…
Read MoreExpectations vs. Outcomes
Many investors will tell you that you must time markets, and be in the right place at the right time in order to see progress in your investments. This just isn’t true. This misconception leads to destructive investor behaviors, and may detract from the long-term returns you need for reaching your long-term goals. Recent changes…
Read MoreInflation: Cause for Concern, Not Panic
Inflation concerns have been bubbling for some time. Those fears were realized in the April inflation report that shows the highest monthly core CPI numbers in my lifetime. Why is inflation spiking? Multiple stimulus bills have added trillions in surplus cash to Americans’ bank accounts (demand). Meanwhile, COVID shutdowns disrupted supply. A surplus of funds pursuing fewer…
Read MoreThe 4 Biggest Financial Mistakes of 2021 (So Far…)
As vaccines have been rolling out and case numbers dwindling across the country, 2021 seems to bring with it optimism and tentative relief. However, a significant amount of uncertainty still remains. To call 2020 a rough year is quite the understatement, and we learned the hard way that the unexpected can, and at some point…
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