Is it a good idea to pay off your house? Experts have different opinions, but not paying off your house because you want the tax deduction doesn’t really make sense. Here’s why: Your tax deduction only gets rid of approximately 1/3 of your interest payments per year. You are really not saving any money by [...]
Entries Tagged as 'Investment'
How to Pay Off Your Mortgage Early
June 10th, 2011 · 1 Comment · Mortgages
Tags: 15 year loan·30 year loan·bi-monthly·bi-weekly·house payment·Investment·Mortgage·mortgage payment·tax deduction
Top 10 Tips for Investing in Gemstones
July 15th, 2010 · 1 Comment · Investing
Last month I blogged about investing in precious metals. Now comes the best kind of supplement to that — investing in gemstones! Though it may sound like an endeavor of the wealthy, as Mint.com notes, gemstone investments can be practical for anyone. I did a little more digging and put together the following top 10 tips for [...]
Tags: conflict free·gems·gemstones·invest·Investment·primary dealer
Debit Cards for 401(k) Plans – Can You Say “Bad Idea”?
July 25th, 2008 · 1 Comment · Debit Cards, Investing
Do you know why fast food is so popular despite the fact that we all know it’s (a) bad for you (b) is high in calories and (c) has low nutritional value? Mostly because it’s convenient (and ok, sometimes it tastes good) and cheap. Here comes the fast food equivalent in loans, the 401(k) debit [...]
Tags: 401(k) Plans·Bad Idea·Debt Cards·Early Withdrawl·Investment·Loans·Retirement
