When a mortgage is recast, the borrower puts money toward the principal balance of a home loan, reducing the monthly payment.
Holding stocks in companies of varied sizes through mutual funds or exchange-traded funds could help increase portfolio diversification.
The standard monthly Part B premium is $185 in 2025, but premiums for both Part B and Part D can vary based on income levels.
At age 94, Warren Buffett recently announced his retirement as CEO of Berkshire Hathaway. This article focuses on investment fundamentals as well as tips and quotes from the famous investor.