How Studying Data Helped Me Get Over My Divorce – When your marriage breaks apart, a long train of loved ones assure you that time will heal your grief. They are not wrong. But as a data journalist, I misunderstood them to mean the arc of that recovery would be linear.
3 No-Brainer Reasons to Get a 15-Year Mortgage – Most people who get a mortgage sign up for a 30-year loan. But if you’re able to swing a 15-year mortgage, you stand to reap a number of benefits. Because you’ll be borrowing money for less time, you’ll also be paying less interest. In fact, your total interest charges will probably equal less than half of what they’d be under a 30-year borrowing scenario, partly because of your accelerated repayment schedule, and partly because you’ll likely snag a lower interest rate to begin with.
More Than $1 Trillion Worth of Junk Debt Risk Faces Investors – More than $1 trillion worth of junk debt is scheduled to mature over the next five years, a development that could provide heavily indebted businesses with serious challenges, according to a Moody’s Investors Service report that was cited by The Wall Street Journal. While companies with low credit ratings can currently obtain funding at favorable rates, this situation could change if yields on junk debt surge. (For more, see also: Junk Bonds: Everything You Need to Know.)