When it comes to financial planning, you may feel frustrated whenever your advisor starts speaking in tongues. There are a lot of finance terms out there that regular people don’t really understand, yet feel embarrassed asking about.
If you’re like most people, just the act of measuring something helps to change it. For example, if you’ve ever counted your daily and weekly steps using a fitness tracker, your activity levels probably increased. Keeping track of your investable assets can help you stay on the right track towards a brighter, more comfortable future.
To set up a portfolio that’s ideally calibrated for your goals, advisors ask: How much are your investable assets worth? If you don’t already know the answer, keep reading…
Are mortgages as American as apple pie? It seems so. According to MarketWatch, financial institutions in the U.S. hold around $10 trillion of mortgage debt on family residences. Given this number, perhaps it’s not surprising to learn many of us have not one, but two home loans. Below, we list some second home mortgage pros and cons.