The Long Road To Wealth
Wealth and happiness are achieved through fundamental personality changes, Retiring early allows one to accomplish higher goals leading to life satisfaction. Wealth is merely a by-product of those changes.New Tax Court Ruling on IRA Rollovers Could Cost (or Save) You Big Money
A new, but not widely known ruling on March 20,2014 by the U.S. Tax Court slightly alters the rules for IRA rollovers, but a simple, already widely used technique by investment professionals could significantly reduce the risk. Hi All, long time no write, I’ve been busy here post-tax season. So many changes in the tax and investment industries but this recent ruling by the IRS and U.S. Tax Court is a biggie, and I’m blessed I have strategic partners that keep track of this stuff so I can help you keep more of your hard earned money in your pocket.The “Add Value” Appraisal of Non-Performing Notes
Buyers and Brokers of Non-Performing Notes Must First Appraise Them. The “Add Value Appraisal”. Sell the Note or Keep It? Foreclose.Interested in Saving or Investing?
It is understood that Investing takes risk while saving doesn’t. Unfortunately our economic system is sold on investing. Savings is fundamental for growth and progress, and even investing. How can we save efficiently?Mortgage Note and Promissory Avoidable Problems and Errors
What Are the Fatal Errors? Shortcuts (Penny Wise and Pound Foolish). Most Private Money Notes Are Flawed – Some Are Worthless.Tricked By Appearances. Preparing Note Documents Should Not Be “On the Job Training.”The Future of Retirement Planning
This article will address the three common reasons 401 K plans are failing people. We will discuss, stock market loss and how it impacts your money. Taxes- the looming tax trap most people will find themselves in and inflation. But hold on… there are solutions for these problems.Where Will We Be 10 Years From Now?
Today, thanks to the effort of the Federal Stimulus, the Dow Jones is at the highest point we have ever seen. Considering that interest rates are at historic lows and the Federal Government is still spending $30 billion per month (now the 5th round of Federal Stimulus in the last 6 years), this recent market surge can easily be viewed as a statistical marvel.A Correction Around the Corner
Recently, the market has climbed to an all new high. Yet the higher the market goes, the less investors seem to care. One of the main reasons for this is that only about 20 companies of the S & P 500 reached 52 week highs in the market; the lowest number in a year.Should You Take a ‘Summer Vacation’ From the Stock Market?
There’s an old saying with some stock investors: “Sell in May and go away.” The saying implies that investors should liquidate positions sometime in the month of May, take the summer off from the stock market, and invest again around Halloween. Those who support this concept suggest that the market has historically performed best in the period between November and April.7 Investing Mistakes Most People Make
When it comes to investing your hard earned dollars, whether you’re a do-it-yourselfer or utilize the services of a financial advisor, there are probably some things that are just not quite right with your portfolio. Here are 7 investing mistakes that most people make that can hurt your long term performance and may cause that retirement to not be exactly what you had in mind. Not having the right asset allocation Studies show that your asset allocation, or how much of your portfolio is devoted to stocks and how much is in bonds, is a greater…