Given the roller coaster ride that stock market investors have experienced and the negligible rates offered by banks on savings, it's easy to see why someone might want to use their cash to pay off their mortgage. Being debt free is not only noble but can provide a buffer in tough times since you'll have one less cash outflow each month. For every dollar you pay off in a mortgage, your rate of ... Read More
savings
How I Made My Fortune
The entrepreneur was being interviewed after a long life. He had made it through the Great Depression and was looking back. As he warmly reflected, he straightened up and with a twinkle in his eye told the world the secret of his success. "It was really quite simple. I bought an apple for five cents, spent the evening polishing it, and sold it the next day for 10 cents. With this I bought two ... Read More