Is it possible to live with bad credit? Yes, but it’s going to be tough. Having a bad credit score can make things impossible, pricier and a lot more complicated. For instance, drivers with bad credit scores are usually charged higher interest rates by most insurance companies. Also, if you are acquiring new utilities, the … Read More “Guidelines to Fix Bad Credit Effectively Through Dispute” »
Not only can too much debt impact your credit score, but they can also take their toll and dig you into a hole where making payments on things like loans and credit card bills can get to a point where it’s unmanageable. In some situations, mainly when your credit score is good, looking at a … Read More “Dealing with Debt – What to know about Debt Consolidation” »
Table of Contents a. The Con Was Revealed b. He Owned What?? a. Freedom Comes with a Price b. Credit Cards Equals Debt a. Writing Down the Ugly Truth b. Black and White Numbers Don’t Lie c. Sorting Bad to Worst a. Income Assessment a. Accessing Needs from Wants b. Paying Off Debt for Real … Read More “Investing In Yourself Before Investing in the Market” »
What is an RESP account? An RESP stands for a Registered Education Savings Plan. This account is used to save for a child’s post secondary education. Government contributions are made through the Canada Education Savings Grant as contributions are made by the account holder. There are numerous tax advantages with this plan and different ways … Read More “What is an RESP?” »
In most discussions regarding the valuation of Tesla (TSLA) stock, the pundits debate whether or not Tesla is a tech stock, an auto stock, or a combination of both. Recently, for example, on MSNBC’s TV show “Fast Money Halftime Report,” guests argued that Tesla (TSLA) is a “car” company and that it should be valued … Read More “The Missing Calculation in Valuing Tesla Stock” »
Our story began nearly 28 years ago, on January 11, 1995. That was the day that Robert Rubin was sworn in as the 70th United States Secretary of Treasury, the day the transformation of the Clinton Administration began. Bill Clinton was the quintessential big-spending, progressive President. Under his first Treasury Secretary, Lloyd Benson, those free-spending … Read More “How A 28-Year-Old Financial Trap Is Exploding Now” »
December Bragging “It ain’t bragging if you can back it up.” Dizzy Dean is one of the greatest baseball players in Major League Baseball history. He said this famous quote before the 1934 season about how many games he and his brother would win that year as pitchers. Dizzy said, “me and Paul’ll win 45 … Read More “December Bragging” »
Buying your own property, whether as a vacation property, investment or family home, is an exciting business – especially abroad. This article addresses common questions and uncertainties about financing and the buying process as well as important information, vocabulary, risks and resources – so that nothing stands in the way of your dream of owning … Read More “Buying property in the USA — Tips for buyers from abroad” »
High Interest Rates Increase Market-Linked Growth of Cash-Value Life Insurance High bond interest rates accompanying currently high inflation enable increased growth of cash value in indexed universal life insurance (IUL) policies. This can provide peace of mind to IUL policy owners worried about inflation, recession and stock market crashes. Cash-value life insurance, particularly IUL, is … Read More “INDEXED UNIVERSAL LIFE INSURANCE (IUL) ADAPTS TO INFLATION AND HIGH INTEREST RATES” »
For the moderately wealthy, giving up Control (and Access) is a barrier in deciding to make irrevocable trusts. Techniques for grantor access to trust assets make the decision easier. Irrevocable trusts famously provide many benefits when properly designed and funded. For example: – Asset protection (e.g., against frivolous lawsuits, bankruptcy, angry spouses, spendthrifts) – Estate-tax-free … Read More “GRANTOR ACCESS TO IRREVOCABLE TRUSTS — EASE THE STRESS OF COMPLETED GIFTS” »