As a responsible homeowner, you are likely familiar with the term PMI, but since it gets thrown around a lot, I thought I’d discuss what PMI is, when you need it, and how to get rid of it. PMI stands for private mortgage insurance. Lenders require homeowners to get this when they purchase a house... Continue Reading →
Why Diversification (of Your Portfolio, Financing & Everything Else) Truly is the Only Free Lunch
by Jay Strickler Did somebody say free lunch? “Diversification is the only free lunch” is a saying normally applied to mainstream investing to protect an investor from risk if an asset goes south. Buy stocks and bonds. Add gold to your portfolio. Buy a REIT. Choose an index fund. Smart folks use this thinking to come to the conclusion that... Continue Reading →