What’s the most expensive item you’ll buy in your life? If you’re like 99% of the population, it’s your home! Tons of people know absolutely nothing about buying houses, but that doesn’t stop them from signing the dotted line for some reason.
I absolutely love all things real estate, so I naturally read a lot about it. Here are the top real estate articles I’ve read throughout this week.
7 Warning Signs You’re Not Ready to Buy a Home
– by Forbes Real Estate – If you think you should buy a home because you’re “throwing away money in rent”, then you should probably read this article. Paying rent is not a legitimate reason to go out and buy a home.
Everybody Says You Should Downsize. Everybody May Be Wrong.
– by Wall Street Journal – Does your retirement plan involve downsizing your house? There are multiple reasons why that might be a terrible idea.
4 Reasons to Get a 15-Year Mortgage
– by Money – Want to ensure that you’re not paying for a mortgage when you enter your retirement? Buy your first home with a 15-year mortgage. Then, pay cash for every house you buy after that. Isn’t personal finance easy??
The Poor Invest in Gold, the Rich Invest in Stocks and Real Estate
– by The Week – Historically, gold is a terrible investment for the long term. It’s expensive to buy, difficult to sell, and it only makes you money when you get rid of it. The rich choose stocks and bonds for one simple reason – continuous earnings and cash flow.
5 Things Real Estate Agents Won’t Tell You
– by Forbes – Real estate agents are often worth every penny when it comes to selling your home, but they can sure keep secrets to themselves when it means putting money in their pocket. Keep your eye out for these 5 things that real estate agents won’t tell you.
30 Tips for Increasing Your Home’s Value
– by DIY Network – If you’re a home owner, there’s certainly no end to potential projects. But, not every DIY project will add value to your home. Take a look at this list if you’re looking to improve your house AND add to your home’s equity.
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.