Archive for December, 2007

Homeowners in Trouble Need to be Proactive

Tuesday, December 4th, 2007

According to a November report by Standard & Poor’s, about half a trillion dollars' worth of adjustable-rate mortgages are due to reset to higher rates in 2008 when their two-year teaser rate periods come to an end. Even though general interest rates have been headed down recently, you should know ...

Try and Avoid These Stupid IRA Mistakes

Tuesday, December 4th, 2007

Fortunately, Dec. 31 is not the final decision date for what we do with our individual retirement accounts – the final 2007 IRA contribution deadline comes on April 15 next year – but it’s a good time to review the do’s and don’ts of successful IRA management. Mistake No. 1 – ...

Thinking About a New Career Direction in ’08? Here’s How to Prepare For Your Own Business

Tuesday, December 4th, 2007

If you’ve ever fantasized about quitting your job and starting a business, you’re certainly not alone. But it’s definitely not something to do on a whim. A business startup requires parallel planning in advance for your business and personal finances. That’s because business owners – even those who are ...

Say Goodbye to 2007 with Some Smart Tax Moves

Tuesday, December 4th, 2007

December’s a busy month, but it’s not too late to focus on last-minute tax savings. Consult a tax or financial advisor such as a Certified Financial Planner™ professional to see if these might work for you: Do an AMT sweep: One of the reasons why it’s wise to consult a tax ...