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 …
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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 …
About Philadelphia, PA Welcome to the City of Brotherly Love! Living in Philadelphia is all about enjoying quintessential American staples: sports, great food, rich history, and plenty of cultural staples for anyone craving a world-class artistic experience. Anyone moving here will enjoy vibrant festivals and plenty of charming and historic neighborhoods to move into. Philadelphia …
What is securitization? Taking illiquid assets and transforming them into securities via financial engineering is known as securitization. Real estate securitization is the process of taking bank and other lender-issued mortgages and turning them into securities that investors can buy. Essentially, real estate securitization turns illiquid mortgages into liquid assets by “securitizing” them. This process …
Mark Twain once suggested, “buy land, they’re not making it anymore.” And this was before current times when, thanks to low inventory and heightened housing demand, real estate prices are skyrocketing, making real estate investing a more attractive proposition than ever before. Not convinced yet? Just consider the following: Investing in real estate can provide …
Types of Real Estate Loans for the Savvy Investor Read More »
