Eric Reed is a freelance journalist who specializes in economics, policy and global issues, with substantial coverage of finance and personal finance. He has contributed to outlets including The Street, CNBC, Glassdoor and Consumer Reports. Eric’s work focuses on the human impact of abstract issues, emphasizing analytical journalism that helps readers more fully understand their world and their money. He has reported from more than a dozen countries, with datelines that include Sao Paolo, Brazil; Phnom Penh, Cambodia; and Athens, Greece. A former attorney, before becoming a journalist Eric worked in securities litigation and white collar criminal defense with a pro bono specialty in human trafficking issues. He graduated from the University of Michigan Law School and can be found any given Saturday in the fall cheering on his Wolverines.
If you are buying a home, there are two things you should never, under any conditions, waive. The first is home inspection, along with your right to unilaterally withdraw your offer based on the results of that inspection. The second is the appraisal contingency. This clause in your home buying contract allows you to walk away from the deal if the bank doesn’t appraise the property for the amount you’ve offered. Here’s what you should know about an appraisal contingency. Consider working with a financial advisor as you explore buying a residence or real estate investment property. Read more
Carbon credits are becoming a popular idea for investment as governments begin to take the threat of climate change seriously. While ideally this will become an active investment option in the future, at the moment there are relatively few ways to get into this market; mostly because it doesn’t really exist yet, at least in the United States. However, there are opportunities, which are described here. If you’re thinking about investing in carbon credits, you may want to speak with a financial advisor first. SmartAsset’s free tool can match you with advisors who serve your area. Read more
Lucid Motors is a California-based publicly traded company that was founded in 2007 and sells electric vehicles. Like Tesla, this company focuses on the luxury market. If you’d like to invest in the electric car company Lucid Motors, here’s what you need to know. A financial advisor can help you pick securities in cutting-edge companies that fit your goals and risk profile. Read more
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