The next step in my research on threats to retiree income involves earnings multiples and discount rates. The application space here is REITs, but the general points made apply much more broadly. It ...

Requiring that the value of discounted cash earnings is near the Net Asset Value explains why REITs are generally priced near NAV. It makes sense for the market to assign less value to future growth ...

Forbes contributors publish independent expert analyses and insights. I apply economic insights to improve regulations and their effects. Regulatory costs, such as investments in pollution control ...

A mortgage rate buydown is a way to reduce the loan's interest rate by paying more money up front. The homebuyer may pay for a buydown, or a homebuilder or seller may pay for it to incentivize the ...

In a widely expected shift, the Federal Reserve is gearing up to reduce interest rates at their next meeting on the 18th of this month, specifically the Fed Funds Rate and the Fed Discount Rate. This ...

Accurate valuations are paramount in financial analysis, influencing corporate strategies, as well as investment decisions and market perceptions. Among various valuation methods, the discounted cash ...

When buying a home today, you might have to solve a puzzle about the mortgage rate you'll pay. Which would you do? Get the lowest monthly payment now by paying discount points to reduce the interest ...