Investors are looking for better investments that offer protection from inflation and growth potential given the rocky investment environment we’re all dealing with. Are CEFs the answer? Maybe. What are Closed End Funds (CEFs)? CEFs are like mutual funds in that they pool investors’ assets. Managers take that money and buy shares or bonds of […]
Using Health Insurance Deductibles to Save Money
It’s said that only two things in life are certain: death and taxes. I’m going to take the liberty of adding a third: health care costs will rise…and they’ll take health insurance up with them. Some people take jobs just so they can get health insurance. Since going without health insurance comes dangerously close to […]
Investment Losses – When to Call a Securities Attorney
When do investment losses justify calling a securities attorney? I know that you are a reasonable person. You know that even the best investments lose money at times. But there are times when broker fraud, scams and/or incompetence result in major hits to your financial position. That should not happen. Here’s an overview of those […]
Home Protection Plans – Why I’m Cancelling Mine for Good
Do you think that home protection plans are just another scam? You might be right. If you’re like me, you like the security of knowing you’re covered if something goes wrong at home. I’ll admit that I’m not the handiest Pilgrim there is. So when it comes to home maintenance, I have always had a […]
15-Year Loan – Not Always A Good Idea
When you mosey on down to the bank to get a mortgage or refinance, you’ll be offered a number of loan alternatives. The main two are a 30-year mortgage or a 15-year mortgage. The 30-year loan has the highest interest rate because it presents the lender with the most risk – they are on the […]
Contractor vs. Employee – What Business Owners Need to Know to Stay Legal
If you own a small business and have independent contractors, you need to make sure these people qualify as independent contractors. If not, you could face a fine between $1,100 and $5,000 per infraction. That means the next independent contractor you hire could be an attorney. Expensive and unnecessary. Of course, hiring independent contractors is […]