Category: Financial Education
The analysis published under this category are as follows.
Friday, March 22, 2019
If You Get These 3 Things Right, You’ll Never Have to Worry About Money / Personal_Finance / Financial Education
By: Jared_Dillian
You have some money. Do you pay down the mortgage, or do you invest in the stock market?
You can use math to make this decision, but math is not much help because there is uncertainty.
- The stock market allegedly returns 8%, but sometimes a lot less.
- Your house will hopefully appreciate, but by how much? Nobody knows.
- And what are interest rates going to do?
- It also mostly depends on where you live in the country.
- There are tax implications to residential mortgages.
- Your own behavior is also uncertain—it depends on your risk tolerance and fear of the downside.