Jun 24

In this Wall Street Journal article Christopher Jones, a New York financial planner has some clever ideas on how to allocate money during this period of low interest rate.

Mr. Jones is advising clients who can afford to pay cash for a home to take out a mortgage instead and invest the funds in a diversified portfolio. “If you look at where the market is now and where it could be five to 10 years from now, the return potential is significant,” he says. Ideally, investors would want to borrow at rates below 5% and invest the money in a well-diversified portfolio aiming to return 8% a year over 10 to 15 years.

Read the whole article at Wall Street Journal

written by Constantine Njeru \\ tags: , , , , , , , , , , , , , ,

Theme designed by Wordpress Hosting supported by Best Web Hosting.