HOME SALES ARE SLOWING AS INTEREST RATES HIT SIX PERCENT – RED ALERT, BRACE FOR IMPACT!
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Moving further along in this Critical Thinking journey, our next step is to gain an understanding of the Universal Standards of Thinking, which are used to assess our reasoning.
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Drawing upon the decision to pursue a post-high school education, I will use this as the example in presenting this step in our Critical Thinking Series.
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The first year and a half of business consisted of Emily hand bottling all seasonings herself, but after securing a manufacturer in mid-2021 who was able to mass-produce her seasonings, she landed a deal with Lowes Foods grocery store. This southeastern grocery chain has stores throughout both North Carolina and South Carolina.
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People want to hear from JPMorgan (JPM) CEO Jamie Dimon. He’s insightful, provocative, and never boring.
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Results show that people who were more numerate had higher income, more education, and greater verbal intelligence. Numeracy was also related to greater income satisfaction and greater life satisfaction.
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Possibly the most difficult challenge in being a Critical Thinker is becoming a critic of your own Thinking. The reason this is so important is to avoid the bad habit of falling prey to your preconceived biased
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What if instead you buy a used or less expensive car and keep your costs under $500.00/month. Next, deposit the saved $500 monthly in your ROTH IRA, investing in an S&P 500 ETF index. Let’s look at three good options:
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A $400,000 mortgage payment at three percent is ~$1,686.42 per month. That same mortgage costs ~$2,398.20 per month at six percent interest. The doubling of the mortgage interest rate increases the payment by $711.78 EVERY MONTH, or a 42.21% increase. The average American family cannot afford that significant increase.
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A solid, steady investment approach will pay huge dividends in the long run.
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