and that is simply because the US is so dominant on the world economic stage. I expect this to remain the case for sometime and very likely for the rest of my lifetime. However, I tell my daughter to be alert because in the future this may well no longer be the case. ...
even though the market is picking up. Right now, a 30 yr mortgage + taxes + insurance on a decent house would cost us about $100-200 more per month than we’re paying now in rent, and we’re getting a rent discount (see next point). And of that, interest is tax deductible...
“Being a Boglehead myself, I read theERE articleto see what he had to say. I had to sigh when I got to this: “Index investing is basically equivalent to a buy and hold strategy with very low turnover of a few large growth companies.” This is absurd. The S&P 500 is just one ...