Yes, You Should Pay Off That 3% Home Mortgage

I frequently hear people debating whether to pay off a home mortgage, which usually has a relatively low interest rate, or invest the money. Often the misguided answers to this question stem from only looking at the interest rate for the decision, as if it were the only valid variable. The following are the mistaken … Read more

The High Price of Procrastination

An important aspect of productivity is the concept “Do It Now.” When one concludes that a particular thing should be done, the most cost-effective way to get it done is to do it now. But we often do not follow this ideal. Instead we procrastinate until not doing it becomes more painful than doing it.  … Read more

Fawcett’s Favorites 5-1-23

Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include fixing your job when you don’t like it, ten harsh money lessons you didn’t learn in school, beginner investing tips for success and … Read more

Fawcett’s Favorites 3-13-23

Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include how much money does it take to live in New York, a check list for those retiring soon, why margin of error might … Read more

Fawcett’s Favorites 3-6-23

Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include how making small improvements lead to big gains, don’t fall prey to the insurance companies, advice from those who lived to be a … Read more

Fawcett’s Favorites 2-20-23

Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include tips on getting the right job the first time, twenty-one powerful experiments to simplify your life, why now is the best time to … Read more

Fawcett’s Favorites 2-13-23

Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include profits from short term rentals may indeed be short term, being financially stable is so sexy, teaching your children about contentment, the risks … Read more

Fawcett’s Favorites 12-5-22

Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include reasons to be grateful to be a physician, why being too frugal can hurt you, how to build inevitable wealth, retiring into uncertainty, … Read more

Fawcett’s Favorites 10-10-22

Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include are physicians bad people if they retire before they die, is artificial intelligence more dangerous than nukes as Elon Musk predicts, four physicians … Read more

The High Cost of Being Out of the Real Estate Market?

I recently attended a real estate conference where several speakers talked about investing in syndications. (Groups that pool money from multiple investors to flip big real estate projects for quick profit.) Syndications all go “full circle,” meaning they will collect capital, purchase a property, fix it up to raise its value, and sell the property. … Read more