I was reading a thread in which the OP was asking about the best way to pay for a condo. I understood maybe half of the words in that thread... Here's an example of something that went way over my head.
I consider myself to be a fairly educated individual, but reading through the threads, heck just the thread titles of this forum makes me realize how little I know about personal finance. Could anybody recommend a website or some books that I can read to teach me to understand what any of these words mean? They really need to jack up the amout of personal finance in the curriculum. I can tell you how to translate a parabola 5 units to the right and flip it upside down, but I have no idea how best to manage my own money.Mike15 wrote: ↑Mar 13th, 2018 2:39 pmSelling shares and using those funds to buy the residence, but then borrowing on margin to invest would count as a tax-deductible investment loan though, right? That would be a good approach to explore, though there'd be tax consequences for realizing any capital gains in doing so.