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JLP’s Weekly Roundup (Week of July 2, 2007)
By JLP | July 5, 2007
Here’s a few interesting posts from the past week from the MoneyBlogNetwork and beyond.
Borrowing One’s Way to Prosperity Doesn’t Work - This is about the Wall Street Journal article I profiled several weeks ago.
Is It Better to Rent and Invest Rather Than Buy a House? - I have never looked at the question quite like this. Rather, I have always looked at it from the point of view that people ALREADY have the home and now they are choosing between paying off the mortgage quickly or investing the difference. I have always felt (and probably ALWAYS will) that if your mortgage rate is low enough, it makes perfect sense to take any extra that you would apply to your mortgage and invest it rather than paying down the mortgage.
Your Advice to Your Younger Self - Mine to me: Don’t charge all that crap! Save and invest your money instead and you could EASILY be a millionaire by the time you are 30! (It’s too bad it doesn’t work like this!)
Jim looks at the old Wall Street strategy that goes like this: Sell in May and go Away.
Tricia asks: Should you share your debt situation with your family? - Probably not unless it is really bad.
BluntMoney with 4 Good Reasons NOT to Raid Your 401(k). - It’s crazy to me that people would even consider raiding their 401(k).
Here’s a Money-Saving Guide to Theme Parks. - I HATE the way theme parks screw their visitors.
A follow-up Q & A with the authors of “On My Own Two Feet.”
Jonathan has found 14 Free Brochures to Help People Understand Mortgages.
Topics: Weekly Roundup |
