2021 was the “COVID recovery” year for the economy, with industrial production, corporate profits, and gross domestic product all vaulting to new highs from their depressed 2020 levels. The unemployment rate, which peaked at 14.7% in April of 2020, dropped to 3.9% by the end of 2021. Trillions of dollars of government stimulus helped buffer the […]
First Quarter 2022 Market Commentary – The Fed Duels Inflation Read More »
So, you’re considering the Turo side-hustle? You want to specifically purchase a car to rent on Turo? Exciting! You want your Turo car to give you the biggest bang for your buck, so how do you decide what car to buy? I’m going to try and help with that by analyzing various car costs and
Buying a Car for Turo: Finding The Sweet Spot (Age, Make, Model) Read More »
What Are Points? Technically speaking, a point is a device used to adjust the interest rate on a mortgage. It is expressed as the percentage of a loan amount. In other words, if a banker says you are paying 1 point on a $200,000 to get a 2.75% interest rate, the borrower would be paying
Why Negative Mortgage Points Make Sense For Home Buyers Read More »
We are less than ten days out from Black Friday and, I don’t know about you, but I am ready to drain my wallet on holiday shopping over these next six weeks. The MassMutual Consumer Spending Survey indicated that the average American is planning on spending $1,243 this season and 59% of those who are
Money Hacks to Save On Holiday Shopping Read More »
The Bureau of Labor Statistics released their October report on inflation. They indicated that consumer prices over the last year have increased at the fastest rate since 1990. You can see my analysis, as well as my perspective on the winners and losers in inflationary environments, below:
November 2021 Inflation Commentary – Prices Keep Rising! (Video) Read More »