This article is addressed to what some call the “MTV” or “Boomerang” generation members born around 1981 or later. In other words, to those who are in their mid-twenties. With that out of the way, let me begin with two, easy-to-follow lessons that will eventually lead to the purpose of this article. The [...]
Posts on ‘February 7th, 2009’
Pass or Fail - The New Credit Scoring System
Understanding the new credit rating system
On March 14, 2006 the three leading credit agencies, Equifax, Experian, and TransUnion announced that for the first time, they would all adapt the same credit scoring system. The new system, called the VantageScore, is based on the time honored academic grading system of A-F.
What will a creditor see now [...]
My Broker Doesn’t Know
The market has been slowly (well, not so slowly in my case) coming down so I called my broker to find out what to do. And I thought I was confused.
He did have some suggestions such as this is a good buying opportunity so send in more money and we (catch that “we”, but it’s [...]
IRA Basics
“The way to get started is to quit talking and begin doing.” -Walt Disney
The IRA is the best way for you to save for your future while at the same time avoiding taxes. It is the best of both worlds! There are three basic types of IRAs. They include a Regular IRA, [...]