Credit history report Syracuse

However, I do like buying real estate investment trust (REITs), which allows credit history report Syracuse me to collect rent like I collect stock dividends.

Heres a post all about REITs.) I even did a comparison post of rental property vs. I continue credit history report Syracuse to get my real estate exposure through the low-cost, passively-managed Vanguard REIT Index Fund, available both as a mutual fund and credit history report Syracuse ETF. It tracks the MSCI US credit history report Syracuse REIT Index and includes all kinds of real estate, currently holding 20% in residential ETFs that own things like apartment complexes.

It like the diversification of this fund, even though it can be a rough ride, and in a struggling economy things like commercial properties will be harder to rent out. Heres the growth of $10,000 chart of both the Vanguard REIT Index Fund and the SP 500 index, from mid-1996 to today. This type of chart accounts for total return, including dividends. The REIT fund has done better than the SP 500, which some may find surprising (or not) given credit history report Syracuse the housing bust. As you can also see, they dont always move together, which credit history report Syracuse is good.

Including REITs and rebalancing has offered a way to achieve better credit history report Syracuse returns even if you like a simple buy and hold portfolio. free credit report free credit score I cant guarantee credit history report Syracuse that this type of helpful diversification will continue in the future, but Im happy with my current portfolio right now, and am glad to be a lazy landlord in this manner. Find more in Investing, Real Estate | 9/19 | 4 credit history report Syracuse Comments Recent political debates have brought up credit history report Syracuse comparisons between Social Security and Ponzi schemes.

(Have you read the book about the real Ponzi?) Even though seemingly every single economist on Earth has weighed in, this discussion has been around for so long that the Social Security website already has an entire page dedicated to addressing it. To summarize, yes Social Security shares some traits with Ponzi schemes in that money from new participants goes to earlier participants. However, it relies on a rather straightforward transfer and does not depend on an exponential growth of new participants to be sustainable. uk credit report What I credit history report Syracuse pay into Social Security today goes straight to a current retirees Social Security check. When I retire, my paycheck will credit history report Syracuse be supported by a younger workers taxes. The problem is, that the ratio of workers to retirees is getting rather low. In 1950, there were 7.3 working-age people for each person over 65; now, the ratio is 4.7 to 1, and it is scheduled to drop to 2.7 to 1 by 2035. [Source] Since people are living longer as well, the reality is that for a 30-something like me, the math works out that there is little chance that we will get the same level of relative benefits that current retirees get.

However, there will be no sudden Ponzi-like credit history report Syracuse implosion. Now, the government could smooth this credit history report Syracuse transition out even more if they credit history report Syracuse do the hard thing and do some combination of higher taxes, extending retirement ages with higher life expectancy, or lowering benefits. But politicians are usually reactive as opposed credit history report Syracuse to proactive, so dont count on it.

Thats too bad, because people are more dependent on Social Security than ever.

70% of all eligible folks cant even wait until 65 to start taking benefits, many as early as 62, even though that means lower payments and likely a lower total benefit. credit bureaus This is why in general financial experts say you should credit history report Syracuse wait as late as possible to get a higher payment for the rest of your life. Take this analysis via this WaPo article: Consider an average-wage two-earner couple together earning $89,000 a year. Upon retiring in 2011, they would credit history report Syracuse have paid $114,000 in Medicare payroll taxes during their careers. But they can expect to receive medical services including prescriptions and hospital care worth $355,000, or credit history report Syracuse about three times what they put credit history report Syracuse in. [...] The same hypothetical couple retiring in 2011 will have paid $614,000 in Social Security taxes, and can credit history report Syracuse expect to collect $555,000 in benefits.