Why I Paid Off My Mortgage Early

As some of you might know, I have had a frequent battle with myself about whether or not to pay off my mortgage early. Because I was paying just 2.5% on the mortgage proceeds, it was a very difficult decision to sell off some of my equity holdings and liquidate some of my savings to pay the mortgage out completely. At the beginning of March 2012, I started selling off some stocks and

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Build An Emergency Fund Or Pay Down Debt?

How about doing both at the same time Many financial writers will claim that everyone needs to build and emergency fund of some kind that is kept in a liquid vehicle such as a high interest savings account ( I prefer ING DIRECT ) a money-market fund, or some other readily accessible investment like a cashable certificate of deposit. While I am a fan of financial leverage and will swear

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Where’s Your Opportunity Fund?

The “opportunity fund” is a concept that I have used for many years now and, only recently, did I discover the name for it. Jim at Blueprint for Financial Prosperity coined this term over at his site and it struck a chord with me. What Is An Opportunity Fund? An opportunity fund is simply a stash of money that I set aside for investment opportunities that are almost certain to

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