MoneyGeek analyzed historical mortgage rates and the S&P 500 returns over a 43-year period to find the best answer to whether you should pay off your mortgage.
You'll never know what your emergency costs will be or when they occur. Outside of this, more of your expenses are known when you own as opposed to rent. Your mortgage payment is a fixed amount, whereas renters may face steep annual increases from their landlords. In addition, while othe...
Because I bonds are held for a year or longer, they should be invested in after you have an adequate emergency fund. » Curious? Learn about financial priorities How much can you make with I bonds? I bonds are complicated, and even though you earn a guaranteed rate for six months at ...
Just as you need to have anemergency fundduring your working years, liquidity is equally important in retirement. If a pipe springs a leak or anappliance breaks, you’ll be happy to have the ability to quickly access cash to cover immediate expenses. It’s a good idea to have access to ...
Because Roths are special that way! So, although you should only remove money from your Roth in anextremeemergency, it’s nice to know that your contributions are 100% reversible! Okay, without further ado, here we go: Step 1: Go tohttps://investor.vanguard.com/home/ ...
However, the minimum one-year wait makes I-bonds a poor choice for a true emergency fund — money that a person needs to access at a moment's notice to cope with a job loss, illness or other unexpected financial problem. "You shouldn't replace your emergency fund with I-bonds, bu...
No matter the invitation, we are being called to do something. I, for one, am not the most adventurous person these days when it comes to participating in gatherings. I’ve found that as I’ve grown into my “older” years that I tend to enjoy more quiet routines rather than I do...
Nearly 9 months later, a week BEFORE the house’s foreclosure hit a Tampa court, the short-sale settled. $180K of debt flew off my shoulders and, thanks to federal legislation, was not taxed as income. And a nice family got a great, well-maintained house at a price below what I had...
October 13, 2023 at 11:40 am Posted inLook at what I found on the Internet Fall 2023 Syllabus: “Environmental Protection” with one comment Just one course for me this fall, due to my somehow still being chair:an update of my “Environmental Protection” Material Cultures class.I moved so...
I am sad about those things, but I’m also really angry, disgusted, and frustrated. As Derek Powazek said,“The death of the open independent web has been predicted many times, but the tidal wave of AI garbage, plus people removing their content from the open web to avoid getting used...