Tag: housing costs
Mar 4, 2024
How much of your income should you spend on rent or a house payment? In my decades as a financial planner as well as my previous career in real estate, my standard advice has been to keep housing costs at or below 25% of your household income. In some places, today’s...
May 3, 2021
Investment success requires that a person have a high tolerance for boredom, which means turning a deaf ear to the financial press’s investment panic-de-jour. It’s good for your financial health to avoid following the advice of prognosticating financial...
Jun 3, 2019
What investment asset class grabs the most attention of the average American? My guess is that it isn’t the stock market, but a category many people don’t even think of as an investment—the local real estate market. While I don’t have data to back up this...
