Don’t Bank on a Growing Population
A cornerstone of the wisdom of the Rich Dad, Poor Dad books, was real estate is a good investment because the population will always grow. More people will need more places to live and property will be more valuable. The turbulent economy over the recent past has taught many that always never happens. So what [...]
If Mortgage Rates went up….
If mortgage rates went up, the dollar would be worth more. Money would be more expensive to borrow, therefore more scarce and valuable. You would have more purchasing power with the money you already have and earn a higher return on savings. Banks would have more money to lend, because they could entice customers [...]