In recent times the 401(k) retirement vessel has come under heavy scrutiny. Most investors, planners and financial analyst are of the opinion that in comparison to company-provided pensions, the do it yourself 401(k) retirement account falls short by a fair bit. With the global economic meltdown, a lot of investors saw their retirement savings being [...]
Continue →2008 and most of 2009 were sheer disaster zones for investors. Some investors lost more than half their investment portfolios, some lost all of it and there were the select few who actually made money, through the economic turmoil. Now, that most experts claim the worst is behind us, it might be time to jump [...]
Continue →In today’s credit climate, having a steady job and a good credit rating aren’t enough. When it comes down to mortgages, credit officers are getting more and more picky about the type of clientele they prefer. Hence it is always important that you take a proactive approach and dazzle your mortgage officer with your preparation.
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The last year has been an extremely turbulent time for money markets across the globe. Investors have seen their investment portfolios dwindle to shadows of their former selves, Investment giants have collapsed, been forgotten and swept under the rug only to be replaced by new investment majors. A lot of clients have lost most of [...]
Continue →If you haven’t started planning for your retirement yet and are in your sixties, it may be a good idea to start taking time out to plan your retirement and ensure a secure retirement future for yourself. If current statistics are anything to go buy, most individuals leave the work force by the age of [...]
Continue →On November 6th President Barrack Obama signed a bill extending and expanding the tax credit for first homebuyers. The $8,000 first home buyers tax credit has been extended till June 30. In addition to this the government has also decided to expand the tax credit to another $6,500 to encompass current home owners who are [...]
Continue →Many experts are of the opinion that the worst of the financial crisis is behind us. However, we are still not completely in the clear. It is always in the best interest of consumers to gauge their financial situation and not be lured in by rosy pictures painted by bankers, lending professionals, investment analysts and [...]
Continue →In the not so distant past it was possible to get a no down payment mortgage loan or a 100 percent lend as the market place calls it. However with the recent economic meltdown and tightened lending policies, no deposit loans are fast becoming the “Dodos” of the banking world. In other words they are [...]
Continue →If you have been harbouring dreams of college, or have been wondering if you will be able sufficiently to send your kids to a university of their choice, this is post on education savings may be suited to your needs. Irrespective of market conditions education costs do not seem to have dropped as much. Even [...]
Continue →One fact that home buyers should remember is that it is more difficult to obtain a home loan today than it was even a few years ago. Hence it is very essential that consumers, first home buyers and experienced buyers, take into consideration all factors that might influence the most important purchase of their lives [...]
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