Money Tips Network

This is a guest post from Financial Samurai. The views of guest authors are their views and not necessarily mine. That said, I think it's a good thing to read and share ideas that differ from your own. (And, in fact, I'd argue that many of our larger political problems in the U.S. today stem from an unwillingness to do just this.) Over the past fifteen years, I've published many guest articles I didn't agree with. I'm sure to publish more in the future. With that disclaimer out of the way, let's look at Sam's arguments for re-thinking the four-percent safe withdrawal rate.

On 27 August 2020, the Federal Reserve announced a major policy shift. Fed Chair Jerome Powell said the Fed is willing to allow inflation to run hotter than normal in order to support the labor market and broader economy.

Massachusetts has some of the highest housing prices in the nation, especially in the popular Boston area. This state has an average overall home value of $464,000, which is much higher than the nationwide average of about $263,000. These high home prices are due, in part, to the central location of the state, the easy […]

The post Today’s Mortgage Rates in Massachusetts appeared first on The Simple Dollar.

If you’re looking for another source of income or want to start a side hustle as a home flipper, you may be considering the purchase of an investment property. Getting a mortgage loan for an investment property can be trickier than getting one for your primary residence, and obtaining a mortgage for investment property will […]

The post What Is an Investment Property Mortgage? appeared first on The Simple Dollar.

If you’re thinking about buying a home with a mortgage loan, you may automatically gravitate toward a 30 year mortgage. These types of mortgage loans are, after all, the most common options for home buyers due to the low-interest rates, lower payments, longer term and other perks. There are several other options aside from a […]

The post The 15-Year Mortgage: Pros and Cons appeared first on The Simple Dollar.

Real estate markets are super competitive right now. Learn how to make a strong offer on a house — one that may even earn you a contract on a home.

The post How to Make an Offer on a House appeared first on The Simple Dollar.

A lot is happening in the subreddit r/wallstreetbets right now. To raise the stock price of GameStop, its users bought shares, pushing the stock price up to more than $480 per share on Thursday. This move is costing institutional investors (hedge funds) millions of dollars after betting on shares on the company dropping. Known as […]

The post 3 Ways to Explain Reddit Stocks to Your Kids appeared first on The Simple Dollar.

Buying investment property can be a great way to turn a profit, but there’s more to this equation than meet the eye. Read on to find out more.

The post How to Choose the Right Investment Property appeared first on The Simple Dollar.

The idea of building a dream home on a new plot of land inspires many future homeowners. There’s something exciting about the prospect of finding the right spot to build on and customizing everything in your new home. But while it’s not uncommon for potential home buyers to opt into building a home, the land […]

The post What Property Buyers Should Know About Land Loans appeared first on The Simple Dollar.

When you apply for a home loan, you’ll be given the option of either a fixed or a variable rate mortgage loan. Both of these loan options have some upsides and some potential negatives, but ultimately, the one that works best for you will depend on a number of different factors. Fixed-rate mortgages offer borrowers […]

The post Fixed vs. Adjustable Mortgage Rates appeared first on The Simple Dollar.