 |
 |
 |
 |
Share
So, In Step One we looked at How To Get The Most Out of Your Current Savings. This is the concept of not leaving available money on the table. And, while we don’t want to leave money on the table – Guess what? We also don’t want to pay more taxes than we owe. What [...]
Share
Image by TheTruthAbout… via Flickr
In the previous 2 posts we looked at the “damage” from the housing bubble - in terms of the percentage of mortgages underwater. I mentioned that it probably wasn’t the best idea to think about the (sales price) highs of 2007 in terms of forecasting the immediate future of real estate [...]
Share
Image via Wikipedia
When we look at the housing bubble and resulting correction, it’s understandable why so many people want to see a turnaround in prices. Most of the time, they want to believe the best case scenario; that is the human nature in all of us. But a lot of the time human nature [...]
ShareA Health Savings Account or HSA is designed to reduce your overall health care costs. An HSA is a tax free savings account where you are able to deposit money to cover current and future medical expenses. As long as you spend the savings on a qualified medical expense, the money is free from [...]
ShareI’ve got to remind you that you and I never know what we don’t know when it comes to our money. The things that go on under the surface are often times never revealed until its too late: Madoff, Enron, etc.
At times I will read things about the industry I am in and just say [...]
Share
Image via Wikipedia
Here’s a short and funny video on how to save a few bucks around the house. Do I follow all of these? No; of course not. I work out at a gym and I even have paper towels. The idea, of course, is to get 1 or 2 ideas you can use right [...]
Share
Image by Neven Mrgan via Flickr
The last couple of days we talked about how you got into debt in the first place; we made the choice. As I mentioned, taking responsibility is the first step in turning things around financially and eventually getting out of debt. I don’t want to kid you either, I [...]
ShareAs expected, the commercial property market is unwinding. This directly affects the residential housing market. How so? As the banks try to remain solvent, commercial defaults will lead to further toxic assets on the balance sheets of lenders/banks. This in turn will limit the amount of credit available in the aggregate. The problem is structural [...]
ShareReal Estate Forecast
When trying to understand the economic environment in which we live, most of us tend to think in the very short term. This is understandable because we need to take care of today by paying our bills, taking care of our families and making a living.
However, when trying to understand how to structure [...]
ShareThe Housing Market has not bottomed and there is really no sense of talking “bottom” until 2012. Although there are good deals to be had, always remember that current events (as in vacancies) form future trends in price (as vacancies rise so do defaults) Any short term blip in the home market is just [...]
ShareAny real recovery in the global economy begins with the housing market in the US getting back on track. As the article states, foreclosures aren’t abating even as demand is coming back. Do you remember the ABC’s of Global Macro Economics?
A) As goes the housing market, so goes the U.S. economy
B) As goes the U.S. [...]
ShareIn 1981 at the height the last gold bull market, 30 year government bonds were yielding 14%. This is what the bond market demanded back then. In other words, it took a 14% yield to entice an investor into the 30 year government bond market.
September 1981 30 Year U.S Government Bond Yield 14%! Sorry, [...]
ShareOnce you reach a certain point in your life it is a wise idea to begin thinking about Life Insurance. Protecting your family from financial disaster or unforeseen events is one of the fundamental pillars of financial planning and wealth protection. Life insurance should be a core part of that planning process.
Although never fun [...]