New Rules for Reverse Mortgages

Tag: economics

August 23, 2013  |  

New Rules for Reverse Mortgages

Taking out a reverse mortgage typically was a last resort to provide cash flow for financially strapped individuals but recently Congress passed a new bill into law that opens the door for many other older Americans to take out a reverse mortgage. The question is however, whether this is a smart financial move or not. […]

August 8, 2013  |  

Senior Discounts Not Just For Seniors

You don’t have to be a senior citizen to get “senior” discounts. For many years, stores such as Kmart offered a discount on Tuesday for senior citizens. All you had to do was shop on a Tuesday and show proof you were 65 or older and you received a 5% discount. As the population of […]

July 30, 2013  |  

Quarterly Market Review

This report features world capital market performance and a timeline of events for the last quarter. It begins with a global overview, then features the returns of stocks and bond asset classes in the US and international markets. The report also illustrates the performance of globally diversified portfolios and features a topic of the quarter. […]

July 24, 2013  |  

Retirement Plans for Small Businesses

If you’re self-employed or own a small business, a retirement plan can help you and your employees save for the future and at the same time have significant tax advantages such as: – Your contributions are deductible when made – Your contributions aren’t taxed to an employee until distributed from the plan – Money in the […]

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May 6, 2013  |  

The False Hope of Market Timing

While I have mentioned the failure of market timing on many occasions in the past, it bears repeating. Market timing does not provide a good foundation for an investment strategy. Markets are too efficient to allow market timers to reliably forecast the future. In short, market timing offers false hopes to investors. The harsh reality […]

March 8, 2013  |  

Traps That Successful Investors Avoid: The Yield Trap

Smart people sometimes fall into traps when they invest. There are plenty of seductive pitches out there. That’s why this series of posts is about traps that successful investors avoid. My goal is to help you recognize traps and to establish good habits that will drive your financial success. When interest rates are low, products […]

March 5, 2013  |  

Understanding Sequestration

If you like political drama, you’re in luck. It seems like just yesterday the news was filled with references to the fiscal cliff. Now, sequestration dominates the headlines. Look for more political confrontation to unfold as sequestration gets under way. What Exactly is Sequestration? Sequestration refers to a series of automatic, across-the-board spending cuts to […]

January 24, 2013  |  

Medicare Updates for 2013

The following is a guest post from Howard Peck of Senior Insurance Solutions. Along with the usual and customary annual Medicare cost increases, 2013 will likely be the year that two BIG Medicare issues will be bantered about and then possibly implemented as our politicians try to get a handle on the runaway costs of […]

January 17, 2013  |  

A Look Back at 2012

Although many investors have expressed frustration with stock market fluctuations in recent years, the time required to recover losses from the October 2007 peak appears broadly consistent with past cycles. Please click here to read the rest of Weston Wellington’s analysis from Dimensional Fund Advisors.

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