Is a Mortgage a Truly Wise Investment?

Is Owning a House and Mortgage Financially Sensible?

One of the biggest components of the traditional American Dream is owning a home. Millions of Americans have taken the plunge over the previous decades to buy a home of their own. A home can help you build wealth over time, but is it the most sensible move from a financial standpoint?

Homeowners In The US

Nearly 63 percent of American households owned a home as of 2015. This left 37 percent of Americans renting. In many instances it is actually cheaper to own a home than to rent. However, there are some variables that can come into play when deciding whether owning a house makes sense.

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Gold Consistently Outperforming the Market This Century

Photo: Unsplash

Gold finished July up a further two percent, signaling its best month since February. In the face of a dollar that is in continued decline, it is leading many investment experts and commentators to suggest that this most traditional of investment options is the safest bet going in otherwise uncertain economic times.

Gold is consistently trading above its 50-day and 200-day moving averages, a good indication that its performance will continue to remain strong. The declining value of the US Dollar, on the other hand, shows no sign of reversing and suggests that there will be no relief through an increase in interest rates any time soon.

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Entrepreneur Intervention: FinancialBin.com Wants to Hear Your “We Built It” Story

Financial Bin founder David T. Domzalski announced today that his media company is looking for business owners who want to share their story. Did you start a company? Did you pour years of blood, sweat, and tears into making it a success? If so, we want to hear from you! Maybe you tried to start a … Read more

The Next 3, 5, or 7 Years: How Billy and Akaisha Kaderli See the Scenarios for the Financial Markets Playing Out

By: Billy and Akaisha Kaderli Bitter medicine I do not have a crystal ball, and I am sure this will get an overflow of opinions from our Readers, but I am going to go ahead and try to give a couple of different scenarios/predictions of global economics. First, I doubt any of these are going to … Read more