Tag: personal home
-
Dave Ramsey’s arguments on housing prices are weak. Real-Estate Prices are already dropping!
Dave Ramsey is certain that houses prices will continue to rise. He uses really simple data to deduce this result. AJ breaks down why his data isn’t relevant and what we do know about what’s happening in the housing market. SPOILER ALERT: It’s just as simple as saying “People need houses.”
-
I was WRONG | How does Mortgage Amortization affect your Wealth?
Mortgage Amortization can be a confusing topic for new home buyers. AJ owns several homes, built an amortization calculator from scratch, AND still got confused in a conversation about it. AJ explains what Amortization is, how it evolved in the US over time, shows an example using the Wealthy Idiots Mortgage Calculator, and lastly, what…
-
Is your net-worth is stuck in your home?
Are you really a millionaire if your net worth is tied up in your primary residence? AJ asked recently, what would Dave Ramseys millionaire study look like if you removed peoples primary residence. This is an important question because it might determine whether or not you are capable of retiring!