Being part of the global billionaire class is beyond the imagination of most people. At the $ 1 billion threshold, a 5 percent yield would generate an annual $ 50 million payment – without ever touching the head. But as billionaires, from single-digit figures near the summit, invest a number …

Investment advisory is undergoing a one-time transition in the century in providing financial advice to individual investors. The changes are pushing the industry toward higher standards of professionalism and transparency. But still need the asset management companies and financial advisors to do more. Many investors face the apparent lack of …

The Trump stock market rally has presented a formidable power of strength, but there are reasons to be uncomfortable. Potential problems are not gushing out of the economy or the market itself, but from the world of politics. This raises tickling questions for millions of people who rely on the …

Savers hoping to raise interest rates on deposit accounts will probably have to wait a little longer to get returns on their savings to go up. While the Federal Reserve decided in December to increase short-term interest rates, which has not yet translated into significant increases in deposit rates paid …

In an ideal world, being able to save for retirement and pay off your mortgage shouldn’t be mutually exclusive. But for most working middle-income Americans, it’s a matter of choosing one over the other. Of course, investment firms and lending organizations are more than happy to have a large chunk …

To many, it makes sense to prepay your mortgage. If you’ve got enough income, you might as well invest it in your home, right? Then, you’ll own the home mortgage free and won’t have to worry about a monthly mortgage payment. Well, there are many more things to consider in …

Prospective buyers have long been using the excuse of rising interest rates as a way of staying on the fence and avoiding commitment. But is this really a valid excuse? Let’s look at some historical data on three different and very common loan products; the 30 year fixed rate mortgage, …

Fixed Rate Loans Fixed rate loans are loans that carry a fixed monthly principal and interest payment every month for the term of the loan. So if you were to get a 30 year fixed loan and your principal and interest payment is $700 you can expect that it will …

A Guide for the First Time Homebuyer As a mortgage processor, I have seen a lot of people apply for a mortgage to purchase a home and say “Now what?” This article will go into some detail about the process of a typical first time home-buyer mortgage in the state …

Mortgage prepayment penalties may come as a surprise to many people when they think of refinancing or selling their homes. Most people don’t get to see the mortgage papers until closing and they usually don’t read all the provisions of the note before signing it. There are so many important …