Many times we are asked about gifting money to our kids. Always, the first exercise is making sure you don't need it now, or will not need it in the future for your own necessities like healthcare, shelter, food and other usual expenses. Once it is determined that you can afford to begin a gifting…
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Passing Wisdom On To The Next Generation
Some years ago, I was attending a friend’s celebration of his 50th birthday. A very forward thinking therapist and innovator with regard to communication skills, he proclaimed during his thank you speech that he had come to a conclusion: he spent the first 50 years of his life learning- the next 50 was to pass…
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When Conservative Is Not So Conservative
The past quarter has been filler with a plethora of surprises, both domestically as well as internationally. A prolonged period of historically low interest rates has led the market into a feeling of precarious calm, with undertones of panic, although most won't admit it. It's been called the most hated Bull Run in the history…
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Good Debt vs. Bad Debt
Since May of 2013 the Government has raised its benchmark interest rate on the 10 year Treasury bond over 30% in under six weeks giving banks and lenders the long awaited green light to raise rates on many varieties of loans we use. We carry many forms of debt on our household balance sheet and…
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