Tag Archives: Interest rate

As Interest Rates Climb…

In Chapter 14 of Personal Finance, Turning Money Into Wealth, there is a section titled “Why Bonds Fluctuate in Value.” In that section we look at the relationship between bond prices and changes in interest rates. There is an inverse … Continue reading

Posted in Ch.11, Investment Basics, Ch.14, Investing in Bonds | Tagged , , , , , , ,

Mortgage Lengths – the Surprising Popularity of the 15-Year Mortgage

For most people, their home mortgage amounts to the most money they will ever borrow.  In Chapter 8 of Personal Finance, Turning Money into Wealth we look at “the mortgage decision” and lay out the steps you need to take … Continue reading

Posted in Ch. 8, Home and Auto | Tagged , , , , , , , , ,