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Website title: Michael James on Money
If you follow investment information on social media, you’ve seen a variant of the following chart many times:
David Chilton, The Wealthy Barber, asked me on his podcast how people should make sure they can get elder care when they need it. There are no great answers here, but maybe some hope.
There just ...
Another great question David Chilton, The Wealthy Barber, asked me on his podcast is what big financial mistakes I see people making. I’ll discuss two mistakes I see mainly among working-age people and two ...
A reverse mortgage is a loan against your home where you don’t have to make mortgage payments. The lender gives you a lump sum or regular payments that are limited to a percentage of your home’s value, typically 20-60% depending on your age, and you get to stay in your home. The mortgage balance grows until you die, leave your home for some other reason, or choose to pay it...
One of the contentious questions David Chilton, The Wealthy Barber, asked me on his podcast is whether people should invest in real estate. This is an emotional subject for many, and all of us come to the d...