So, the Feds have increased the interest rates- finally. Which really means that for those of us carrying credit card debt, our costs are going to go up. (Our interest rates are going to rise, that’s why!) Which also means now is the time to develop (and follow) a plan to reduce our debt. In the most expeditious way possible.
Continue reading Interest rates a-risin’
Back in 1958, Bank of America invented a new device- the consumer credit card. Called- whaddayathink?- the BankAmericard. Over the next dozen years, it managed to get other banks to join in their offering. And over those 12 years, these banks mass mailed credit cards to folks in zip codes they thought would make them money from the fees they charged for using credit.
Continue reading Credit card mania?
We have a growing problem in America. The homeless.
Continue reading Out of the Box Thinking?
My buddy and I were planning a trip to Israel, planning to get there via WOW airlines. Because we would be able to make the trip in style for about $ 1000 apiece.
Continue reading Credit. Debit. Cash.
It’s that time of year again. Where I have the perennial argument with some clients and friends about who really owns American corporations. After all, they show me their stock certificates. That is their “proof” that they own a portion of the corporation.
The tax law is changing. It’s a done (bad) deal. And, one of the ways you can position yourself to take advantage of the changes is to start a business. Because pass-through businesses are going to have special tax preferences.
Continue reading Property Manager?
For those of you who have been invested in GE for years, mostly because of its generous dividend, the times have changed. No longer will GE be providing a 4 to 5% return on your stock holdings. No, it now will be closer to a 2% dividend rate. Which is among the several reasons the stock price has tanked recently.
