Personal Finance

This Real Estate Mogul Says Owning a Home Is More Of An Expense Than An Investment. Financial Advisors Aren’t So Sure

This Real Estate Mogul Says Owning a Home Is More Of An Expense Than An Investment. Financial Advisors Aren't So Sure

Key Takeaways Real estate investor Grant Cardone said recently that he believes renting is superior to owning, as it can allow a renter to avoid large expenses that come with owning a home. However, several financial advisors told Investopedia that they disagree, and said owning a home remains a reliable long-term investment. Still, many said […]

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The 28% Rule for Housing: Does It Still Work in Today’s Market?

Hands counting money over a calculator

When you’re buying a home, one of the biggest financial decisions you’ll make is figuring out how much mortgage you can truly afford. Mortgage affordability is about how much you can borrow and repay without straining your budget, and the 28% rule offers a simple guideline to help ensure your mortgage stays within reach. But

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When Tech is Too Much

A young guy, shouting at his smartphone. Image of young furious businessman on the phone shouting. Portrait of angry young man screaming on his mobile phone

When Kiplinger Retirement Report editor David Crook used his monthly column to get some things off his chest, he struck a chord with our readers. As one wrote, “I LOVED your ‘rant’… I agree that we are being ‘dummied-down’ and dehumanized by: automated messages, restaurant phone menus, tech instructions that are not understood by people

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Ask the Readers: Can You Help Me with My Rental Property Conundrum?

Rental Property Conundrum

Rental Property Conundrum It’s been far too long since I’ve written an “Ask the Readers” article. Truth is, after almost 20 years of blogging, I feel like I have a very good handle on personal finance. When you combine that with an intimate knowledge of our own finances and goals, it doesn’t make much sense

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Tariff Revenues Surging, But Don’t Expect Rebate Checks Anytime Soon

Joe Biden

Treasury Secretary Scott Bessent said Tuesday that President Donald Trump’s import tariffs are generating far more revenue than previously expected. Speaking on CNBC’s Squawk Box, Bessent revealed that his earlier $300 billion estimate will be revised “substantially upward,” though he declined to provide an exact figure. Hawley Pushes the “American Worker Rebate Act” Depositphotos Photo

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