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Middle America got what it Demanded and the Dow Drops 777 Points! NICE WORK!

mortgageBailout1

I am not sure why but people ask me about current events; maybe it is because I am an information junkie, maybe it is because I work in the financial world, or maybe, just maybe, it is because I always have an opinion!  Well lately, I have been discussing/arguing with friends, family members and have

Continue reading Middle America got what it Demanded and the Dow Drops 777 Points! NICE WORK!

Naming a Trust as Beneficiary of an IRA

Your Retirement Egg

As the baby boomers get older, and we continue to hear the oft repeated saying,

We are about to experience the greatest transfer of wealth in history

One of my planners recently asked my opinion about a situation – his client, a concerned parent, is

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Leave your Retirement Accounts Alone!

retirement

I often check the online personal finance section of the Wall Street Journal (found here); many times I find interesting articles which range from the topics credit card debt all the way to macroeconomic theories, but in all honesty, today’s top headline frightened me!

The title of the article is, “Investors Pull Money Out of Their

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Series EE Bonds, Income Tax Planning and Estate Planning

US Saving onds

I have always prided myself in my research abilities, whether it be during my undergraduate years, post-graduate education, or during my working career.  In fact I would have to say at least I spend at least 5 to 10 hours a week researching random questions for planners at my firm.  While

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Carnival of Personal Finance #170

My Article comparing the CDs vs. High yield savings account found (here) was chosen to be apart of the Carnival of Personal Finance #170 found (here).  The Personal Financier went above and beyond highlighting way over 40 or so blog entries for this Carnival. 

Here are a few that, in my humble opinion are

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Inflatable Union Rat - Why?!

Union Rat

Union Rat

Maybe this post is personal finance, maybe it is not…but since it is my blog I can rant if I want to.  For the past 4 or 5 months on my way home from work I pass a construction site with a HUGE inflatable rat.  Everyday there are 3 to

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The Certificate of Deposit Debate Rages on!

While reading some of my favorite blogs, I came across a great blog, No Debt Plan (which I admittedly don’t think I have ever read before).  It turns out, Kevin, was struggling whether to purchase a  CD, a few days before, and his eventual decision was made subsequent to my post on the subject.  

I thought it would

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Are Certificate of Deposits (CDs) worth it?

Certificates of Deposit

I can’t be the only one out there, but I can’t grasp why people would do invest/purchase a Certificate of Deposit (CD).  Specifically, I am focusing on the 1 year CD because anything shorter has terrible yields and anything longer poses too much of an interest rate risk for my tastes.  I started thinking

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Advantages of Using a Prepaid Credit Card

There are many benefits to using a prepaid credit card.  A prepaid credit, also known as a secured credit card  is defined by bank rate as a credit card that, “…requires a cash collateral deposit that becomes the credit line for that account.”

Continue reading Why Use a Prepaid Credit Card?