Billionaire investor Mark Cuban advises diversifying investments, keeping cash in savings for emergencies, and paying off debts before investing in the stock market, emphasizing understanding investment risks and remaining calm during market fluctuations.
Should we take out money from our retirement investment fund to pay off our home loan and make improvements? Retirement fund is losing money and home values are going up. The fund is around $85,000-$90000. The balance on our home is $34,000 and we want to make $20,000 in improvements. We are both retired and […] The post Ask an Advisor: Our Retirement Fund is Losing Money. Should We Use It to Pay Off Our Mortgage and Make $20k in Home Improvements? appeared first on SmartReads by SmartAsset.
For many years, the consensus was that retirement was based on an age or a specific amount of money in the bank. Now, it's a much more flexible concept that can be anyone's for the taking .