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I’m in my 50s, earn over $200,000, own a $1.75 million home and have $4
million in savings. Should I pay off my 2.75% mortgage?
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“My business has been doing well lately, and I am able to take nice owner
distributions of $10,000 to $30,000 per month,”
16 minutes ago
Seed Newsvine
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With one eye on escalating debt turmoil in Europe and another on a stubbornly high 9.1 percent U.S. unemployment rate, the Fed , whose policy panel meets next Tuesday and Wednesday, looks set to begin shifting the composition of its balance sheet to weight it more heavily with longer-term securities.
ReplyDeleteHaving taken short-term interest rates to near zero and bloated its balance sheet with bond purchases that topped $2 trillion, analysts say the U.S. central bank is looking for smaller-bore ways to increase its support, such as shifting its holdings away from shorter-term debt.