Should I Pay Off This Mortgage Loan?
I just heard a personal finance expert recommend paying off a mortgage that has 14 years remaining. Here are the parameters of the 30-year fixed rate loan: Debt Present Value: 229,880Remaining Term:...
View ArticleProduct Update: Property Analysis Worksheet Short Form
I just updated my Property Analysis Worksheet Short Form product. I added more detail lines to the RepairEstimates worksheet. If you purchased this product within the last 12 months, then you will...
View ArticleAre You Ethical?
Most folks like to think that they are acting ethically and with integrity. The real test of whether you are ethically conducting your affairs is by looking from the other person’s point of view, as if...
View ArticleGuru Tips on Refinancing
I just posted a new article on the Time Value of Money (TVM) principles for refinancing your home. I just heard some ridiculous financial advice from a “personal finance guru” regarding refinancing...
View ArticleThe Infamous Reverse Mortgage
I just added a free PDF special report about the infamous “Reverse Mortgage”. There are finance companies that are offering the “Reverse Mortgage” to seniors (at least age 62). Seniors with a...
View ArticleLow Interest Rates
Low interest rates are very enticing. I want to suggest caution, because an increase in interest rates will dramatically affect the value of real property. Real estate is a “borrowed money” business....
View ArticleGuru Interest Rates
I am often astonished at the real estate “Guru” who charge outrageous (unpublished) interest rates for their products. As if their astronomical pricing isn’t bad enough, they offer time payment plans...
View ArticleOnly Cash Flow Matters
2014 Q1 is almost over. The lamestream media says everything is rosy (yeah, right). The problem with a cliff, even a demographic cliff, is that it is such a sharp drop-off that most folks can’t see the...
View ArticleDiscounted Present Value of Social Security Benefits
I just heard yet another “personal finance expert” offering some stupid advice on Social Security benefits. Social Security benefits generally become entitled at age 62. If the beneficiary defers...
View ArticleMy thoughts on Bitcoin and cryptocurrencies
Bitcoin (BTC) has been hacked several times, mostly for “proof of concept” and not for nefarious intent. The algorithms for creating new BTC are now so difficult to compute that most BTC farmers are...
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