bigstockphoto_House_4108400[1]

Can mortgages make you rich?

Investors I speak to these days aren’t too troubled by low interest rates or the inability to find safe, reliable income. That doesn’t mean they’ve parked their cash and let inflation erode their portfolios. Instead, they’re cashing in on the double-digit returns of Mortgage Investment Corporations, known as MICs (pronounced MIC as in Mick Jagger).[…]

The ETF Evolution

When exchange-traded funds were first introduced more than a decade ago, they were designed to simply track the major stock indexes. Fast-forward 10 years and the ETF landscape is decidedly different. These days investors are no longer confined to using broad-market index funds. Now you can employ a variety of short- and long-term strategies using[…]

10 must-use online mortgage calculators

Most of us know what calculator to use for that basic mortgage calculation—the amount you pay each month in relation to the home price, your amortization period and term and the prevailing interest rate. But what about those more complex calculations, such as the cost to break your mortgage or the ability to compare three[…]

Shattering glass

Nancy McCulver* thought she struck gold when, in the late 1980s, she went to work for a large, multinational bank based in the U.S. The only woman on a team specializing in international mergers and acquisitions, with an eye on hedge fund management. Her science and math background certainly helped. The job involved complex matters[…]