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From Money Crashers - view blog entries - visit this blogJanuary 14, 2008 at 11:02 pm ET
It’s the new year, and one of your goals for this new year may have been to open a retirement account. Whether you are 18, 38, 58, or 68, I would encourage you to open an IRA tomorrow, and begin contributing to it regularly. The biggest misconception about saving for retirement is that [...] ... ( more)
From Money Crashers - view blog entries - visit this blogJanuary 14, 2008 at 10:54 pm ET
The answer depends on what type of investor you are, and what kind of investing you want to do. I listen to a lot of talk radio, and all I hear are commercials from talk show hosts endorsing gold as an investment. Do any of these talk show hosts really do any research [...] ... ( more)
From Money Crashers - view blog entries - visit this blogJanuary 11, 2008 at 6:56 pm ET
Today, Bank of America announced that it would buy mortgage lender, Countrywide, for $4.1 billion in stock.
For some reason, I thought the largest sub-prime lender in the country would be worth more than this, but maybe this is just enough to make Bank of America the majority stakeholder in the company. Bank [...] ... ( more)
From Money Crashers - view blog entries - visit this blogJanuary 11, 2008 at 4:45 pm ET
I signed up for tax tips from J.K. Lasser, and they sent me these tips on expenses that can and cannot be deducted for investors. See how many of these you already knew about and which ones you never knew you could deduct on your taxes:
Expenses You Can Deduct
Legal fees: If you [...] ... ( more)
From Money Crashers - view blog entries - visit this blogJanuary 10, 2008 at 10:46 pm ET
Are you hoping for a large tax return this year? Are you planning a cruise to the Caribbean around your tax return this year? Do you come skipping through the front door when your tax return arrives in the mail? Well, stop being so happy about the free one-year loan you have [...] ... ( more)
From Money Crashers - view blog entries - visit this blogJanuary 10, 2008 at 10:02 pm ET
What potential presidential candidate do you believe is best for the economy and your pocket book?
This might be a loaded question, but I want your opinions. Be as aggressive as you want about your opinion on your favorite candidate, but try to be respectful and professional at the same time or I [...] ... ( more)
From Money Crashers - view blog entries - visit this blogJanuary 9, 2008 at 10:29 pm ET
I got this flyer in the mail today, and I thought that I would share it with those of you that have Compass Bank in your town. For a limited time, you can open up one of three bank accounts and receive a $50 gift card to either Target, Lowe’s or Best Buy. [...] ... ( more)
From Money Crashers - view blog entries - visit this blogJanuary 9, 2008 at 8:29 pm ET
On Monday, we focused on identifying your financial goals and breaking them down into short-term, medium-term, and long-term goals. Remember, making the goals attainable and properly categorizing them is the key to making financial goals that you can achieve. The next two steps are educating yourself about your goals and evaluating or tracking [...] ... ( more)
From Money Crashers - view blog entries - visit this blogJanuary 9, 2008 at 7:50 pm ET
Would you rather start investing in the stock market first or buy a house?
Answer this question without taking into consideration the current market conditions of the housing market. I think that I would rather buy a house first, because you get two things out of it. You get a place to live, and [...] ... ( more)
From Money Crashers - view blog entries - visit this blogJanuary 8, 2008 at 10:42 pm ET
Consumerist.com wrote a little blurb about H&R Block offering $10 in “pizza cash” if you file your tax return with them. Hey, H&R Block, which one of your old, stuffy executives thought of this great idea? I know that most movies portray college kids as idiots, but didn’t you do any research on [...] ... ( more)
From Money Crashers - view blog entries - visit this blogJanuary 8, 2008 at 9:18 pm ET
Did you budget out your money last year? If the answer is “No”, then there’s no better time to start than NOW. If you aren’t familiar with my 11 Principles for becoming financially fit, then I suggest that you check it out. I wrote a post about each individual principle. Take [...] ... ( more)
From Money Crashers - view blog entries - visit this blogJanuary 8, 2008 at 8:18 pm ET
I read an article today in USA Today about the new luxury car coming out soon by Hyundai It’s called the Genesis, and it will boast a V8 engine, loads of safety and luxury features, surround sound also found in the Rolls Royce, and look similar to a BMW. I have a Hyundai [...] ... ( more)
From Money Crashers - view blog entries - visit this blogJanuary 7, 2008 at 10:41 pm ET
The first step for setting your financial goals for this coming year is to formulate goals that you can envision yourself achieving with your current job and income. One of your goals may be to boost your income or change your career, but those are not financial goals, those are career goals. Let’s [...] ... ( more)
From Money Crashers - view blog entries - visit this blogJanuary 7, 2008 at 10:27 pm ET
I read an article in the local Jacksonville paper about taking your phone number off of the Google search engines. I never thought about personal residences being searched on Google, but it makes sense. I have a business line for my home office for the insurance company that I work for, and for [...] ... ( more)
From Money Crashers - view blog entries - visit this blogJanuary 7, 2008 at 7:01 am ET
A reader asked me this question today:
What are your thoughts on personal liability “umbrella” insurance and who should have it?
There are two ways to answer this question. How much personal liability do you have in your life? Do you have a lot of assets to protect?
How does an umbrella [...] ... ( more)
From Money Crashers - view blog entries - visit this blogJanuary 4, 2008 at 5:07 pm ET
The projection for the housing market in 2008 is not very good, but that doesn’t mean you are stuck with your house. So many people will be horrified at the thought of selling their house this year, but there are ways to sell your house in any market, whether it’s good or bad. [...] ... ( more)
From Money Crashers - view blog entries - visit this blogJanuary 3, 2008 at 10:44 pm ET
I was reading this article on Yahoo Finance, and I started thinking to myself, “Will the price of gas ever stop rising?” I have not written much about the price of oil and the ever increasing gas prices until now, because it’s getting so absurd. No one knows why it’s REALLY increasing so [...] ... ( more)
From Money Crashers - view blog entries - visit this blogJanuary 3, 2008 at 10:25 pm ET
The beginning of the year is always the best time to start a new habit, break an old one, and most importantly, set new goals. I know that New Year’s resolutions are very cliche, but they serve a good purpose. New Year’s resolutions usually fade away in March, but that’s because many people [...] ... ( more)
From Money Crashers - view blog entries - visit this blogDecember 27, 2007 at 3:04 pm ET
I hope all of you had a great Christmas, and I hope it wasn’t as busy as mine! We had about 25 to 30 people at my mother-in-law’s house, and it was insane. But, no one got hurt, everyone was excited about their gifts, and most important, family and friends were able to [...] ... ( more)
From Money Crashers - view blog entries - visit this blogDecember 21, 2007 at 9:01 am ET
The season of Christmas brings generosity out in us that we may not have throughout the rest of the year. We usually tip based on a certain percentage like 10% to 20% to various people who work off of tips. But, something about the holidays makes uf throw out the rule book of [...] ... ( more)
From Money Crashers - view blog entries - visit this blogDecember 20, 2007 at 9:29 am ET
What is your best bargain buy story?
Tell us a story when you got a tremendous deal on something such as a house, car, television, furniture, or whatever it may be, and tell us how you got such a great deal.
I think the best deal I’ve received in the last [...] ... ( more)
From Money Crashers - view blog entries - visit this blogDecember 19, 2007 at 10:31 pm ET
The first thing that I would do with $1,000 to pay forward is I would find a homeless person, take them out for dinner to the restaurant of their choice. Then, I would take them and buy them nice outfit. Then, I would offer to drive them to the nearest shelter or rehabilitation [...] ... ( more)
From Money Crashers - view blog entries - visit this blogDecember 19, 2007 at 2:25 pm ET
For many retailers like Amazon, Best Buy, Circuit City, Buy.com, and others, this is the last day that you can buy something online to ensure that you’ll receive it before Christmas Day. Keep in mind that there are very few sites that are “guaranteeing” it will get there by Christmas, in fact, no company [...] ... ( more)
From Money Crashers - view blog entries - visit this blogDecember 19, 2007 at 8:58 am ET
Check out this article from USA TODAY about a bank in Fargo, North Dakota that gave $1,000 holiday bonuses to employees.
This bonus was not like any other $1,000 Christmas bonus you might receive from your business. The bank put a stipulation on this bonus. You had to “pay it forward” to [...] ... ( more)
From Money Crashers - view blog entries - visit this blogDecember 18, 2007 at 3:17 pm ET
Are you one of those parents rushing around to find a Nintendo Wii for your kid this holiday season? I don’t blame you. I played the Wii this past summer at my friend’s house, and it almost made me buy one the next day, but I refrained from doing so. They are [...] ... ( more)
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