This is an introduction to cryptocurrency investing for people who are interested in cryptocurrency but aren’t sure what they need to do to get started. Please note, I am not a financial advisor and nothing you read here should be taken as investment advice.

What is cryptocurrency?

To put it simply, cryptocurrencies are digital tokens which are cryptographically secured (hence “crypto”) and allow users to transfer value between themselves (hence “currency”) without the use of a third-party intermediary such as Visa.

Different cryptocurrencies are good at different things. Bitcoin has established it’s purpose as a “Store of Value”, a currency that’s free from…


Uncovering where your money goes when you get a mortgage loan.

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First, a clarification on cost…

During a typical loan application, the two questions I get asked most often are: “What’s your interest rate?” and “what are the closing costs?”.

They’re great questions, really, but like most great questions, the answer isn’t as simple.

First and foremost, there are several different categories of closing costs to consider. Some of the closing costs are controllable (like discount points and lender credits) and others are more immutable (like third party fees). In order to answer the question, it’s important to first know what the costs are.

Lender Fees.

Lender fees, sometimes known as “origination charges” are the fees that are…


And what I’ve learned from seeing over 1,200 credit reports.

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When I first started my career in finance, we were taught how to be both excellent advisers and excellent salesmen. In the beginning I remember being extremely eager to start closing loans, but my mentor in the industry told me, “The first sale isn’t when you close a loan, it’s when you get the credit report.”

I took his advice and started focusing on just that, and hundreds of credit reports later I’ve learned a tremendous amount about both how credit is ranked and people’s significant misunderstanding of it.

To clear up the confusion, I’ve made a list of some…


At the staggering amount of $4 Trillion dollars, consumer debt is now at it’s highest point in U.S. history. What’s more, as of the latest report from the Federal Reserve, it’s growing at an alarming rate of 7% per year.

If you have outstanding debt, what these numbers suggest is that you’re not alone.

And to be fair, credit is not necessarily a bad thing. In fact, if leveraged correctly, it can actually be a huge benefit: Cash-back rewards, travel miles, hotel upgrades, etc.

But if not properly managed, you can quickly find yourself on the other end of the…


If you’ve ever purchased a house before, you know just how unsettling it can be to hand over such a large sum of money for a down payment. If you’ve never owned a home before, get ready to kiss all of those long months of saving goodbye.

But why is a down payment important, and more importantly, how much should you put down on your house? To answer this question, first we need to address a few important factors.

What is a down payment?

A down payment is the amount of money you bring the the table when you close your loan, which bridges the…


Whenever I’m taking any type of loan application, most people have two primary concerns: either they want to lower their payments, or they want to pay their house off faster.

For most people, a mortgage is their largest monthly expense, and because of that there’s no question why they’d like to see it eliminated; it’s where all of their money goes and without it they’d have a lot more leftover to save. Under the right circumstances it can be a great financial step forward, but I don’t think it’s the right move for most people. Here’s why:

  1. The opportunity cost…

Isayah L. Durst

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