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June 2012 Economic Update

Things fell in May: stock and commodity prices, Treasury yields, mortgage rates, gas prices and the value of the euro. Investors worried about fragmentation of the eurozone, the possibility of default in Greece and bank woes in Spain. U.S. economic indicators ranged from tepid to middling, leading some analysts to wonder if another stimulus was needed. All told, it was a rough month for the market – the poorest month for the Dow since May 2010. Would 2012 simply be [...]

By |2017-03-28T08:17:33-04:00June 20th, 2012|Business/Economic News|Comments Off on June 2012 Economic Update

How Much for this Lamp? A Garage Sale Primer

How Much for This Lamp? Tips from the Garage Sale Millionaire By Susan Johnston June 11, 2012 Aaron LaPedis threw his first garage sale at age seven and has been buying and selling items ever since. In fact, he made his first million dollars by "flipping" garage-sale findsand used that money to open an art gallery in Denver. This "garage sale millionaire" writes a monthly column for The Denver Post and hosted a PBS TV show on collectibles. Wiley releases [...]

By |2017-03-28T08:17:33-04:00June 15th, 2012|Personal Finance, Saving & Budgeting|Comments Off on How Much for this Lamp? A Garage Sale Primer

10 Ways to Avoid Airline Fees

10 Ways to Avoid Airline Fees By Alicia Jao | U.S.News & World Report LP – Thu, May 31, 2012 11:19 AM EDT According to the U.S. Bureau of Transportation Statistics, annual U.S. baggage fees and ticket cancellation and change fees continue to generate roughly $3.4 billion and $2.4 billion, respectively, for U.S. airlines. Despite this consistent stream of revenue, the airlines continue to charge travelers more fees. Spirit Airlines and Allegiant Air, the most notorious airlines for charging fees, [...]

By |2017-03-28T08:17:34-04:00June 6th, 2012|Personal Finance, Saving & Budgeting|Comments Off on 10 Ways to Avoid Airline Fees

IRA Dates & Milestones to Remember

IRAs come with complex rules and regulations. As these rules and regulations are occasionally forgotten or misinterpreted by IRA owners, here is a refresher. Age 70½: Required Minimum Distributions (RMDs). Once you reach age 70½, you are required to make withdrawals from any traditional (“regular”) IRAs that you have established. (Original owners of Roth IRAs never have to take RMDs.)1 **You must take your initial RMD from a traditional IRA by April 1 of the year following the year during [...]

By |2017-03-28T08:17:34-04:00May 24th, 2012|IRA, Retirement|Comments Off on IRA Dates & Milestones to Remember

How Much Retirement Income Will You Really Need?

Many people underestimate lifestyle costs, medical expenses and inflation. What is enough? What is not enough? If you’re considering retiring in the near future, you’ve probably heard or read that you need about 70% of your end salary to live comfortably in retirement. This estimate is frequently repeated … but that doesn’t mean it is true for everyone. It may not be true for you.                          You won’t learn how much retirement income you’ll need by reading this article. You’ll want [...]

By |2017-03-28T08:17:34-04:00May 10th, 2012|Investing, Retirement|Comments Off on How Much Retirement Income Will You Really Need?
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