So you have decided to start paying down your debts. If you only have a mortgage that you can easily afford, this is not a problem. But if your are drowning in debt, what do you do? Let’s investigate the options you have here; the debt snowball and the debt avalanche. I will assess both debt strategies here, assisted by a case study with Jeff, who’s in quite some debt.
As the equity markets are in solid correction territory (more than 10% decline from recent peak) and probably on it’s way to being a bear market (20% decline), people are wondering whether they should invest right now. The answer is yes. You should invest right now. Marketing timing is pointless, as shown by the story … Read moreMarket Timing is Pointless – As Told By Bob