A down payment is cash that you pay up front before the mortgage starts. Itâs money that signals to the lender that youâre a good candidate for a mortgage: youâve managed to save up some money, and you care enough about the home to put a chunk of your savings toward making it yours.
Ken (doll) Ken is a toy doll introduced by Mattel in 1961 as the fictional boyfriend of toy doll Barbie, introduced in 1959. Similar to his female counterpart, Ken had a fantastically fashionable line of clothing and accessories. In the Barbie mythos, Ken and Barbie met on the set of a TV commercial in 1961.
Ken Fisher is the founder of Fisher Investments. He has been a regular investment columnist for Forbes magazine since 1984. He has written 10 books, as well as research papers in the area of behavioral finance. In 2014 he was determined to be worth $2.7 billion, and is on the 2014 Forbes 400 list of the richest Americans.