If you’re a homeowner, at some point, someone has undoubtedly advised you to pay off your mortgage early. They’ve probably suggested early payoff techniques like paying bi-weekly instead of monthly, allocating extra funds directly to the principal, or increasing your payments by some amount each month. Some may have even […]
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The Basics: Compound Growth
In the previous installment of “The Basics” series, we presented a step-by-step guide on how to set up your first investment account. Hopefully, that post will help some of the investment beginners out there conquer their fears and open an account to begin investing. For this new entry, I decided […]
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Why Saving Money In The Bank Will Leave You Broke (Part 2)
In Part 1, we discussed the role inflation plays in the deterioration of wealth over time. As we demonstrated, when money is not growing at a faster rate than that of inflation, its purchasing power will be continually diminished. Because bank accounts yield growth rates much lower than inflation, leaving […]
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