Thursday, August 18, 2016

Thinking About Debt
Preet Banerjee is the host of the television series Million Dollar Neighborhood on The Oprah Winfrey Network, a personal finance columnist with The Globe and Mail, & author of 3 personal finance books. He makes some useful comments here on thinking about debt as a loan from our future income .. Banerjee says he is not talking about mortgages or student loans, but if the house goes down in value after buying it, or the education does not end up increasing earning power, the same caveats apply. Math warns against borrowing to invest in over-valued financial markets .. 14 minutes

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