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 Daily tips

These tips are to help you focus on your financial journey. Each tip represents one small step on your pathway to finacial independence.
What young person can afford a mortgage nowadays?

The story of the last mortgage crisis ended like this: The rich got richer and the poor will rent from them! College and university graduates in the U.K and U.S.A are leaving with huge debts and bleak  prospects of ever owning their own home. Graduates in the U.S owe more than $1.2 trillion. The last thing many young people need is a mortgage on top of their outstanding student debt. 

What economists call "household formation" has nose-dived. Young people, whether single or married can not afford to buy a property either side of the Atlantic!
Find out more about property and mortgages here...pinkinvestments.org/index.php
 
 
 

Disclaimer: All the information above is provided as a service for individuals and institutions. It should in no way be construed as a recommendation as an investment. Investment decisions should be based on the risk tolerance and planning horizon of the investor. Market participants must understand that past performance is also not a guarantee or predictor of future results.