«They did not add risk by
piling on debt and bringing in a financial partner,» he notes.
Piling on debt is a likely outcome if finances become too complicated and burdensome to manage.
If the pace of home price appreciation slows down — or worse, prices drop — there will be consequences for households that have been
piling on debt.
But if you avoid
piling on debt, save consistently and track your progress periodically — which you can do with a good retirement calculator like this free version from T. Rowe Price — you'll reduce the chance that you'll have to live a more meager lifestyle than you'd envisioned in retirement.
It's official, Canadians are still
piling on debt, just at a slower rate.
Of course, a return to normal levels of business engagement would be welcome after years of relying on consumers
piling on debt to power the economy.
Buffett, on his part, has disdained private equity's method of investing, which often adds value to a company by
piling on debt, and slashing expenses before turning it back on the market.
Canadians ignored warnings from policymakers about
piling on debt for years because low interest rates were too enticing.
Prices had doubled in a short period, households were
piling on debt and the market showed no signs of slowing down.
Or it may be forced to
pile on the debt, hurting current bondholders.
While Musk has said the combined company will save $ 150 million, analysts are worried that SolarCity's financials will
pile on debt and losses on top of Tesla's already cash - hungry business.
Emerging - market companies have
piled on debt in recent years, allured by low interest rates from yield - starved investors.
If you continue to
pile on debt even as you're digging your way out, it may be time to revisit the budget with a ruthless mentality.
Unfortunately, many consumers can't help but
pile on the debt.
If
they pile on debt that they — and ultimately you — are unable to pay, any late payments will appear on your credit report and can hurt you in the long run.
TORONTO — Canadians continue to
pile on debt and now collectively owe more than $ 1.5 trillion excluding mortgages, according to the latest figures from Equifax Canada.
Instead of continuing to
pile on the debt, perhaps it is time to consider the alternative options that may help alleviate some of your financial stress and get you back to a place where you're not living paycheque to paycheque because of your monthly debt requirements.
Not exact matches
Greece and its creditors appear to be one step closer to reaching a final agreement
on the restructuring of the country's huge
debt pile, according to Eurogroup President Mario Centeno.
Greece needs to fully complete its current bailout program before the country receives any relief
on its huge
debt pile, the new Eurogroup president told CNBC.
The Greek government believes a deal with international creditors
on its current
debt pile is just around the corner.
Beijing and the World Bank officially claim China's government
debt remains very manageable, at less than 20 % of GDP — far below levels in the industrial world — but the truth is, local governments are
piling on new
debt at a staggering pace.
China is engaged in an elaborate shell game to hide a mountain of bad
debts piling up
on the balance sheets of its banks, developers and state - owned enterprises.
But that pain today would arguably be less severe than if rates go up years from now, when households have
piled on even more
debt.
There is no precedent in the euro zone to address the
debt pile of a bailed - out county and that's why discussions
on Greece's
debt are taking so long, the Luxembourg finance minister told CNBC.
He might simply keep
piling on more
debt.
Given the softening economy in the latter half of last year and first months of 2013, Finance Minister Jim Flaherty's target of getting back to balance by 2015 — after
piling up $ 172 billion in
debt in eight years — will depend
on three assumptions all coming to good.
My wife and I lived in a
pile of junk
on a beautiful property for a dozen years before we were
debt free and had the cash to tear it down and build our dream home.
The Bank of Canada, for one, has carefully assessed the economic risks of consumer
debt in order to determine how quickly it can raise interest rates without
piling on too many
debt - servicing costs for over-stretched households.
The internet is full of calculators for figuring the maximum mortgage and most expensive house you can get, but the housing crash was hardest
on owners who had
piled up maximum
debt.
There is no precedent in the euro zone to address the
debt pile of a bailed - out county and that's why the discussions
on Greek
debt are taking so long, the Luxembourg finance minister told CNBC.
(Reuters)- Remington Outdoor Company Inc, one of the largest U.S. makers of firearms, is working with investment bank Lazard Ltd (LAZ.N)
on options to restructure its $ 950 million
debt pile, people familiar with the matter said
on Friday.
The share of a large car manufacturer, for example, may trade
on a low P / E ratio, and have a great Dividend Yield, but if it has a
pile of
debt repayable next year then the low share price might be valid.
With free cash flow weak, Arcelor has resorted to
piling a lot of
debt on its books — about $ 12.1 billion net of cash, which makes its stock look even more expensive to me.
Taking
on Mr. Trump
on Monday, she warned that «what little we know of his economic policies» consisted of
piling up
debt, leading the country into trade wars and letting Wall Street run amok, with potentially devastating consequences.
He has produced a deep treatise
on government
debt, served as chairman of a world - spanning regulatory body, run Italy's central bank (while remaining coolly removed from the scandals and fracases of Italian politics) and made a
pile of money working at Goldman Sachs — all without being pigeonholed as an academic, regulator or investment banker.
The budget highlights the huge imbalances created by five years of economic crisis: Spain will set aside $ 36.6 billion ($ 49.5 billion) to service its fast - rising
pile of public
debt, $ 2 billion more than it will spend
on the 13 government ministries.
Credit default swaps
on Saudi Arabian
debt have ballooned, and Dubai's
debt pile, estimated to have reached $ 130 billion at the end of 2015 by the Institute of International Finance, is once again garnering the attention of distressed
debt investors.
These low rates have encouraged investors in recent months to
pile on risk, taking U.S. equities markets to record highs earlier this year despite an economy that's still being slowed by relatively high unemployment, huge
debt levels, and tighter government spending.
U.S. corporate
debt —
piled on by both strong and weak hands — sits at an all - time high of $ 13.7 trillion.
We're now left with a huge amount of
debt and it keeps
on piling up.
The problem with Apple's «cash
pile» is that most of it is not actually «cash» nor «
on hand,» and it doesn't take into account Apple's
debt.
But it turns out that Obama's policies have not worked, depressing business, jobs, and
piling on more and more
debt.
It's not that dance companies are in a destructive situation in which they
pile up
debt they can't get out of; it's the combination of financial and cultural issues that is wreaking so much havoc
on the industry.
And as the wins
piled up, so did the
debt on the baseball side.
So we are no longer
piling state - owned
debts on the public
debts.
The last few days have been wonderful to watch, as the newly minted Republican Majority in the U.S. House of Representatives stood up to Barack Obama and his unending desire to
pile mountains of
debt on future generations.
It might, but only because we shoppers will reach for our flexible friends,
piling the pounds
on our credit cards, racking up more
debt that will have to be paid back over time.
Later
on, we found some extra GHc 2 million
debt somewhere and it has been
piling up since,» Mr. Ramadan added.
«Jobs and young people are fleeing New York because of the taxes and
debt these politicians have
piled on us,» Linden said.
Konni Burton understands state government needs to steer clear of
piling more
debt on future generations of Texans because she knows «borrow and spend» is just as bad as «tax and spend.»