Opinion: The stock market’s rally was a head fake and the smart money now is with the bears
The stock market, as measured by the S&P 500 Index SPX, +0.53%, has fallen below the 4100 level. That is significant because there previously was triple resistance at that level, and when SPX broke out above that level in late January, it seemed as if the next leg of the “new” bull market was underway. […]
I ruined my family’s finances by withdrawing from my 401(k) to buy a house — and I regret it
I recently made a panic decision to withdraw all my money from one retirement account and I am now closing on a house in February (about $200,000). I am 36 years old, married and have a 1-year-old. Half of me is regretting it, and I’m worried about next year’s taxes due to the withdrawal and […]
My husband and I rent our second home to our son and his wife. Now we want him to own this house, but keep our 2.5% mortgage rate. How can we do that?
My husband and I bought a second home two years ago, for $160,000, with a 30-year mortgage at 2.5%. We bought it with the sole purpose of renting it out to our son and his new wife. They were recent college graduates, and just starting their careers. They’ve made this house their home. And it’s […]
Is XRP A Good Investment? Buying Ripple in 2023
2023-01-11 2023-01-11 Is XRP a Good Investment? Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ XRP is the native cryptocurrency of the Ripple network, which is a payment system for financial transactions. Despite being not as well-known as Bitcoin, it is listed among the top 10 cryptocurrencies by market cap. XRP is a unique digital currency that provides investors with outstanding […]