C’mon admit it – you have a guilty pleasure. You don’t need to be embarrassed; we all have them. There is nothing wrong with having them. In fact, as long as they are within reason, we encourage them as life is about relationships and experiences and sometimes a guilty pleasure is just what the doctor ordered.
It’s fascinating to hear the answers to this question when posed to those who have been investing for at least a few decades. Without skipping a beat, most people say that their home has been their best investment.
I’m going to let you in on a secret in the money management world. Most advisors’ income is solely dependent on the dollars inside the investment accounts under their watch, which means they are laser focused on growing their ‘assets under management’
Whether or not to accelerate mortgage payoff is a question that crosses most homeowner’s mind at some point. It’s especially top of mind this time of year as you gather the documents to file your taxes and see how much you paid in interest last year on your mortgage. As I discussed this with a client recently, I thought it might be interesting to share my thoughts with you as well.