How Good is Popular Personal Financial Advice?
Patrick Boyle On Finance
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The Risks of Adjustable Rate Mortgages
14 of the books that Choi analyzed endorse co-holding or having cash savings at the same time as high interest rate debt. Four books refer to the motivation created by building assets even while paying down debt. Academic research has found that adjustable rate mortgages can work out better for borrowers during recessions.
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