Tag Archives: guru

Guru Interest Rates

I am often astonished at the real estate “Guru” who charge outrageous (unpublished) interest rates for their products. As if their astronomical pricing isn’t bad enough, they offer time payment plans that are nothing short of usurious, making high credit card interest rates seem reasonable in comparison.
I recently sat through a yet another long-winded video pitch […]

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The Cost of Delaying Benefits

Why is common sense so rare?
I just heard yet another “economics expert” on cable television (a business finance talk show) talking about delaying Social Security benefits to increase the beneficiary’s income. Here are the basic terms:

At retirement age of 62, the basic monthly benefit is X. I’ll throw in a number of $500, but it […]

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