When you start your small business, one decision you have to make is how to form your entity. Many entrepreneurs find it difficult to decide between the LLC or sole proprietor business structure. The best way to make that decision is to take a few minutes to really understand the differences between the two. Let’s […]
Where and When Will the Housing Market Recover?
When will the housing market recover? Is now the time to buy a house or to make an investment in rental real estate? If you are looking for an answer, you may find the situation confusing. On the one hand, people are signing real estate purchase agreements in big numbers compared to 18 months ago. […]
What Is a Recession?
Everyone knows how difficult it can be during a recession. But not everyone knows what a recession really is. Ronald Reagan said a recession is when your neighbor loses his or her job. A depression is when you lose yours. That’s a good starting point, but let’s dive in a bit deeper. What is a […]
Prosper Review – Should You Take the Social Lending Plunge?
Prosper is a peer-to-peer lender. That means they match up people who need to borrow money with people willing to loan out their cash. The loans are unsecured. That means the people who borrow money promise to pay back the loans but they aren’t required to provide collateral. It’s a personal loan. Borrowers come to […]
Is It Dumb To Use Credit Repair Companies?
Neal’s Notes: What follows is a guest post and one person’s experience with Lexington Law the credit repair firm. I think Mike has many valid points but I think his positions sometimes miss. Different people face different credit challenges. Mike is a financial expert who already was successful improving his credit score on his own. […]
Sell Your Phased Retirement Idea to Your Boss
Do you almost have enough money to retire and want to scale back from the 40-hours-a-week grind? If so, here’s a way for you to get your employer to agree to your phased retirement. Before you approach your employer, you have to think like her. Her main interest is her business. She wants the best […]