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Things to Consider Before Investing in Real Estate

Prairie Eco-Thrifter

Real estate is a great investment, because as Teddy Roosovelt once said “you should buy land; they’ve stopped making it.” But like any good investor, you need to realize a few important points before jumping into the often confusing real estate market. Real estate is a highly localized investment.

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Should You Invest In A Rising Market?

Prairie Eco-Thrifter

We individual investors have all become market skittish since the recent huge recession and economic downturn. It may or may not turn out that way. I’d rather buy stocks at a lower price and sell them at a higher one if I can. It’s hard for me, emotionally to avoid trying to time the market. So, who do you believe?

Economy 187
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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

Both act as second mortgages, using your home as collateral, and may offer tax deductions if the funds are used for substantial repairs or upgrades. If property values decline abruptly or a recession occurs , the lender could reduce your credit line, freeze it or even demand immediate repayment in full.

Home 52
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Yakezie Carnival November 13, 2011- November Edition

Prairie Eco-Thrifter

Personal Finance Whiz: Keynesian vs Hayekian Economics – The Solution To Our Recession? Financial Success for Young Adults: Financing a Home Modification – At some point in your life, it may be necessary to modify your home. Never chase an asset price whether it be real estate, stocks, gold, or anything else.

November 188
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11 Things I learned After Owning a Vacation Property

Prairie Eco-Thrifter

I also wanted a bit more diversification in our portfolio and figured an additional piece of real estate could help that. Rental management companies may not distribute rental days evenly. Family members may not use it as much as anticipated. I was counting on an average of 4 months rentals. Hint: not mine.

Vacation 100
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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

Although we think of the Great Recession starting in early 2009, it wasn’t until 2013 that the 5 year CD interest rate fell below 1% – and has stayed there ever since according to Bank Rates interest survey data. Of course, depending on what we buy, we may experience some buyers remorse. Risk tolerance can dictate you save.

Money 124
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23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

While legally that’s true, in practice passive income may take other forms. In practice, you may do some or all of the work upfront, but passive income often involves some additional labor along the way, too. Non-dividend-paying stocks or assets like cryptocurrencies may be exciting, but they won’t earn you passive income.

Money 52