Our guide to real estate, investing, strategies, and everything in-between.
Retirement savings accounts, like 401(k) and Roth IRA accounts, are excellent tools to help Americans save for a comfortable retirement. It’s not enough to merely have an account. If you want to make the most of your IRA or 401(k) account so you can truly live out the retirement you’ve always dreamed of, there are …
What is appreciation? Ever notice how some properties increase in value every single year? That’s called appreciation. When a property appreciates, investors like you make a bigger profit when selling it or renting it to tenants, which is one of the benefits of investing in real estate! If you have a home loan, an appreciated …
What is escrow? Escrow is a financial process where money is held by a third party to make sure everyone follows the terms of an agreement. It’s a way to reduce the risk of fraud and make sure both buyer’s and seller’s contractual obligations are met. When all conditions have been met, the funds are …
Saving for retirement is a marathon, not a sprint and the sooner you start, the better. As reported by the Motley Fool, 55% of non-retirees have a 401(k) or 403(b), while 25% have no savings for retirement. What category applies to your situation? If you’re part of that 55% or are considering the benefits of …
How does the stock market affect real estate? Is there any correlation between the two? When the real estate bubble popped in 2008, the world was shown how the real estate market could affect the stock market—but does that effect work the opposite way, too? Market fluctuation in the stock market can set off various …
How the Stock Market is Related to the Housing Market Read More »
What is a 401(k)? A 401(k) plan is a type of qualified employer-sponsored retirement plan that allows employees to save for retirement on a tax-deferred basis. Created after World War II as a part of the Revenue Act of 1978, the 401(k) Plan was intended to attract workers and offer an added benefit to their …
When it comes to investing, there are a lot of choices that you have to make. Do you want to invest in stocks? Bonds? ETFs? Mutual funds? It can be confusing, especially if you don’t know what each option entails. In this article, we will discuss ETFs vs. mutual funds and some additional investment opportunities. …
About Memphis, TN With the word Memphis meaning established and beautiful, there might not be any better-named city. The mighty Mississippi River flows through this vibrant metropolis where there is no shortage of music, amazing food (bring stretchy clothes: food portions here come in “whoa” and “oh my gosh, okay”), and plenty of history—some of …
What is the annual percentage rate? The annual percentage rate (APR) is the interest rate you would pay on a loan if you took out the loan over a given period. The APR includes both the nominal interest rate and any other fees or charges associated with the loan. This means that you can compare …
What is a cash-out refinance? Did you know you can replace an old mortgage with a new one, even if the new mortgage has a larger amount owed than your existing loan? It’s known as cash-out refinancing and it’s used to help borrowers use the equity in their home mortgages to get some cash. How …
