Thursday , 24 January 2019


Finance

Balloon Mortgages Have Some Tempting Qualities But Are They Really For You?

Balloon mortgages have some tempting qualities. They come with lower interest rates and, because of this, smaller monthly payments. This can help borrowers get into a pricier home that they might not have been able to afford otherwise but balloon mortgages come with one huge risk: At the end of a set period, borrowers must pay off the remaining balance on these loans in full (the "balloon") and these balances can be quite large. So, how exactly do these mortgages work, and who do they work best for? Let's break it down.

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How to Save Money During Retirement

Retirement years can be plagued by financial uncertainty what with not having a steady paycheck coming in. Fortunately, common sense money saving opportunities as presented in this article furnish relief for seniors.

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Are You Better At Investing Than the Average Investor?

All investors think they are better in their investing than the average investor and such overconfidence can get you into trouble with your finances. It can cause you to take risks you shouldn't, and to ignore information that disagrees with pre-existing biases. It's tough to combat, because most overconfident people are also convinced they are not overconfident!

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