If you are in college or know someone who is, be careful about the student banking accounts you set up. A wrong move could cost you unnecessary fees and even give you bad credit. Some banks prey on students because they think the kids don’t pay attention. Not on my watch Pilgrim. Let’s start at […]
You Can Prevent Employee Theft – Here’s How
One of the best ways to make your business successful is to prevent employee theft. And one of the worst ways to run your company is to assume your employees are honest. Sorry…..but this is true. According to a recent employee theft study, 75% of employees stole from their employer at least one time. 37.5% stole […]
Why Is The Stock Market So Volatile?
You and I are told time and time again that the stock market is volatile. It’s a given. But why is the market so topsy turvy? Nobody explains that. How can a stock that was worth $30 a share only a few days (or hours) ago suddenly be worth $15 or $50 per share now? […]
Why I’ll Sell My House And Rent Once I Retire
You might ask yourself if it’s smart to own your own home after you retire. While I think real estate can be a great investment while you are in the accumulation phase of your life, I think it can sometimes be a horrible thing to hold on to once you retire. Let’s look at a […]
Can You Predict the Stock Market?
The market has certainly been terrifying lately. But should you have seen it coming? How long will it continue? Is it going to get worse? And why is the market so volatile? These are all great questions. Sadly I don’t know anyone who can answer (but if you want my opinion, click the video […]
Parents Lending Money to Children – Good or Bad Idea?
Lending money to family – especially your kids – is usually a very bad idea for both parties concerned. This is easy to say and hard to execute – I get it. None-the-less, let’s consider how very destructive this can be by reviewing a real life example. Terry and Nicole were retired and happy. They had […]