“Beware the Ides of March,” a soothsayer told Julius Caesar in Shakespeare’s famous play of the same name.
Whether you believe in superstitions or not, March of 2020 will go down as a historic month on Wall Street. After peaking on February 19th, the S&P 500 fell 34% in just 23 trading days, marking the fastest bear market ever.
Getting major financial decisions right makes up for a lot of little misfires. And one of the biggest decisions people face is deciding when to buy a home.
To make the right call, it’s important to avoid common misconceptions that surface when people try to compare the benefits of owning a property versus renting.