People will hunt all over town for the best prices on paper towels and peanut butter, but we won’t spend a minute comparison-shopping for a mortgage for a new home purchase. Today on MoneyWise, Rob West and Steve Moore get to the bottom of this conundrum. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:
I’m a retiree on fixed income. I just paid off my car loan, and I now have $300 per month extra. What should I do with it?
My wife and I are planning on moving in a couple of years. We have our primary house and rental house. If I sell both houses and roll that money into a primary residence in our new city, will I pay capital gains tax on the rental?
Can you tell me the pros and cons of annuities?
I have always been self-employed. I recently sold a business, and the proceeds from the sale was $125,000. I have $50,000 in Roth IRAs. What is the best use of the $125,000?
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