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A reader says, “Could you please consider writing or making a video on how investors can think about allocating across: (a) FD + Liquid Funds for near-term needs/emergency fund (1-2 Years), (b) Medium Duration Funds (2-3 years), and (c)Credit Risk Funds for medium-term goals (3–5 years), particularly for those in the 30% tax slab who… The post A Debt Investment Strategy for 30% Tax Slab Investors appeared first on freefincal.
Image Source: Shutterstock Across the country, older renters are finding themselves at the center of a growing housing crisis. With rents climbing faster than fixed incomes, many seniors are struggling to keep up with monthly payments. Social Security and retirement savings often fail to match the pace of inflation, leaving older renters vulnerable. Eviction rates have surged in cities where affordable housing is scarce, creating instability for those who once expected security in their later […]
Image source: shutterstock.com When you and your partner decide not to have children, people often assume you’ve given up any chance at a sense of legacy. They picture legacy as college funds, family portraits on the staircase wall, and grandkids running through the house. But legacy is really about what lasts after you’re gone: the people you’ve influenced, the work you’ve done, and the choices you’ve made with your money and time. Child-free partners actually […]
On financial blogs, forums, reddit and so on, a common discussion topic is the problematic nature of financial advisory professionals being paid a commission. It creates a tremendous conflict of interest. Less frequently discussed is the fact that many such firms are taking advantage of the advisors themselves. A significant portion of the people in that position are very recent college grads. The firm tells the potential recruit that they’ll be a respected professional, caring […]
🎙️Episode #462 – Think a rental is a winner because it “feels” right? Most investors get this part wrong. Coach Carson breaks down the quick,… The post Is This Rental Actually a Good Deal? (Most Investors Get This Wrong) appeared first on Coach Carson.
Before the article, check out the latest on my podcast, Personal Finance for Long-Term Investors: On Apple Podcasts On Spotify On YouTube Now, here’s today’s article: With all this ink being spilled over the 50-year mortgage proposal, we’re reaching an asymptote. Seriously. An asymptote is “a line that continually approaches a given curve but does not meet it at any distance.” Technically speaking, the blue line below never touches the red one, but the gap between them gets infinitesimally small, approaches zero, and might trigger your inner Isaac Newton to invent calculus. And in the purest mathematical way, mortgages eventually hit their own asymptote. Long-duration mortgages become identical to infinite (aka interest-only) mortgages. In my mortgage scenario above ($500,000 borrowed at 7%), the difference between a 50-year payment and an infinite, interest-only payment is: 50-year monthly payment = $3008 Infinite monthly payment = $2916 That’s a 3% difference in monthly payment. So let’s cut the B.S. They’re the same thing. It’s semantics. “Paying a 50-year mortgage” already exists in our economy. We call it “rent.” 525,600 minutes dollars Rather than institute the 50-year mortgage, just skip to the real ending point: an infinite, interest-only mortgage. The lender is a landlord and owns the property outright forever. The resident is a renter. Equity in the home is never transferred. As consumers, our choice then becomes clear. If you want to build equity, choose a 30-year mortgage (or less). At my chosen 7% interest rate, the 30-year mortgage is 14% more expensive than the infinite mortgage. The 15-year mortgage is ~54% more expensive than the infinite mortgage. If you don’t mind never owning your home, choose an infinite mortgage. The 50-year proposal is too close to the asymptote to make any sense. Just make it interest-only and move on. Thank you for reading! Here are three quick notes for you: First – If you enjoyed this article, join 1000’s of subscribers who read Jesse’s free weekly email, where he send you links to the smartest financial content I find online every week. 100% free, unsubscribe anytime. Second – Jesse’s podcast “Personal Finance for Long-Term Investors” has grown ~10x over the past couple years, now helping ~10,000 people per month. Tune in and check it out. Last – Jesse works full-time for a fiduciary wealth management firm in Upstate NY. Jesse and his colleagues help families solve the expensive problems he writes and podcasts about. Schedule a free call with Jesse to see if you’re a good fit for his practice. We’ll talk to you soon!
🎙️Episode #461 – Ever wondered why a bank denies you even when the deal looks great? Discover the hidden underwriting rules behind most loan rejections… The post Why Most Investors Get Denied for a Loan (and How to Fix It) appeared first on Coach Carson.
Years ago, before we started budgeting, I was always stressed out about money. Every transaction had me on edge. While we didn’t carry any credit card debt, we used credit cards. I felt like my mind was always bogged down with thinking about how much the credit card bill would be so that I could make sure we had money to cover it. We never had to pay any interest on our credit card purchases, […]
🎙️Episode #460 – What happens when rents fall 30% overnight? Coach Carson shares the real numbers, lessons, and mindset shifts from his own rental portfolio… The post Rents Dropped 30%: Here’s What Happened Next appeared first on Coach Carson.
New contributor Longshore Drift is back to explain how having a Flexible ISA in his armoury enabled his family to secure their dream home. After years of vaguely searching, my wife and I suddenly found the house we wanted. A big garden to swap for our terrace with its five metre square yard in London. An unlikely place – tired, but surrounded by beautiful tall trees. “A single story home of unique design,” according to […]
November 19, 2025 – Recently, there has been a lot of chatter about a policy proposal: the 50-Year Mortgage. The proposal received significant pushback from all corners of society. Almost the entire political spectrum agreed that this was a bad idea. It’s rare these days that everyone agrees on something. So, I’ve been sitting back and watching the public outrage unfold. Oh, how terrible and irresponsible this is! You’re paying too much in interest over […]
We look at the different options your lender may offer you when when overpaying a mortgage and examine what each one does. The post What is the best way to overpay a mortgage? appeared first on The Financial Wilderness.
Housing affordability is the craziest and hottest financial topic of the past decade. The prices are wicked-high, mortgage rates are stubborn, and those first-time buyers are getting totally squeezed harder than my a my cheap ass trying to get the last bit of toothpaste out of the tube. So naturally, there are new ideas are being thrown around. Some are smart, some are wild, and some that feel like they’re ripped straight from a bank […]