Month: February 2022

Stock VS. Crypto

Stocks and cryptocurrencies are different investment assets. Although both are liquid assets, their similarities generally end there. These are very different types of securities; Stocks represent ownership in a publicly-traded company where each share of stock one buys confers a percentage of ownership in the company itself. The buyer receives this ownership in proportion to the number of shares a company has issued. On the other hand, cryptocurrency is a purely digital asset. This means […]

What Makes Up a Mortgage?

I’m sure that everyone has heard of a mortgage. But how many people really know what a mortgage really is and what consists of? Well, here is some information that will be very helpful for those thinking about buying a home. A mortgage is made up of 4 parts: Principal, Interest, Taxes, and Insurance (or PITI for short). Let’s look at each of these factors. First, there is the principal. The principal is the actual […]

HOMEOWNERSHIP: ARE YOU READY?

Are you ready to become a homeowner? Let’s talk about taking the homeowner’s journey. This is probably one of the most important decisions, and one of the biggest financial investments that you will ever make in your lifetime. Once you begin to work with your lender, who will determine the amount of your buying power, the lender will provide you with a pre-approval letter. Hopefully, you have already identified an agent or brokerage that you […]

HOW CRYPTO IS CHANGING CREDIT

The term credit generally refers to a financial agreement in which a borrower receives a certain amount of money or a valuable and repays the lender at a later date, mostly with interest. Creditors grant credit to individuals and businesses based on trust and mutual agreements. For instance, banks will let a person borrow money through a credit card, in hopes that they pay it back within a stipulated period. The individual gets the loan […]