You might be tempted to think, as I often am, that the business of money is fairly straightforward. Some spreadsheets here, some Monte Carlo testing over there, some budgeting along the way, and ding ding ding! There you have it: A wonderfully black and white sort of product with very little wiggle room for uncertainty, or, more to the point, humanity.
Chances are, if you live in the Triangle area, you or someone you know has recently bought or sold or is shopping for a home and experienced how fast the market is moving here. People are moving to the area in droves, interest rates are expected to rise, and all of this (and more) is creating a recovery that’s strong enough to be in the top ten nationally. In light of that, we wanted to follow-up on one of our most popular briefs to date, Should Young Couples Buy or Rent Their First Home?, and call your attention to this powerful
If you could use only one word to describe the most important thing in investing what would it be? If the question was real estate, you’d quickly say – LOCATION. If eating – healthy, maybe taste, or sport – winning, or sailing – wind, or mechanical motion – friction.
If you’ve invested long enough, it’s almost certain that you’ve been made to feel less than knowledgeable, either by your advisor (unwittingly, of course) or by ‘Mr. Market.’ People invest for as many reasons as there are people. Today’s Brief addresses the purpose of the vast majority of investors; that of saving to replace the paycheck. Some call it retirement, some call it freedom from salary, others refer to it as their second half, and still others call it doing what you really want to do, or were meant to do all along. Whatever you call it, it happens when