Questions to Consider When Buying a Vacation Home
Doing your research is key before buying a vacation home.
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It’s an exciting time for American investors. Recent years have seen a boom in Americans investing in the stock market, with Goldman Sachs estimating U.S. households will spend $400 billion on equities in 2021, averaging an eyebrow-raising 44% allocation of their total assets to stocks. Between new technologies (like mobile trading apps) lowering the bar to entry and “meme stock” trends raising awareness, it’s no wonder so many people are waking up to the power and potential of investing.
Use this calculator to assess the potential benefits of a home mortgage deduction.
Plan for the things you can protect against, like a loss of income due to illness or injury.