Refinancing your home should only be attempted if you can see a savings in your interest costs or monthly payments. That means you need to consider your current mortgage situation, future housing plans, and potential financing options before committing to refi. Only you can determine if refinancing is the best choice. (more…)

When someone decides to buy a house, one of the first tasks is to talk to a lender and determine the maximum loan they can get. The max loan will determine the cap on house prices for that the buyer. There’s lots of calculators out there that will help determine this. (more…)

When it comes to buying an annuity who are you going to trust? The person selling it to you, or a person who has no vested interest in whether or not you buy an annuity at all? Getting the and right and accurate information is what I am all about. It does not matter to me if you buy an annuity. I am not paid by the insurance industry. (more…)

Investing in mutual funds is a relatively safe way of growing your net worth, but such investments are not entirely free of risks. Before you pick on any particular mutual fund for investment you should watch out for a few things. (more…)