Do your eyes glaze over when you see the term IRA? Are you sick and tired of all those ads on tv talking about retirement? I hear ya! These days, retirement – and retirement planning – is the 800 pound gorilla in most people’s homes.
Well, have no fear...let’s take a look at what an IRA is and how they have evolved over time. Once we understand the history, we can move on to other related topics: investing, planning and other retirement ideas.
Basically, an IRA is an &ld... [More]
Every April for the past 10 years, we have celebrated National Financial Literacy Month – and for good reason. A person’s financial literacy level can always be improved. In a study conducted by the FINRA Investor Education Foundation, participants were asked five questions about personal finance, and 61% of them couldn’t answer more than three questions correctly.
1. Why is financial literacy important?
As the financial landscape changes, it is becoming increasingly important ... [More]
Caveat emptor! You may have heard these two Latin words before, meaning “let the buyer beware.” In today’s real estate market, many homes are being sold “as-is.” This clause frees the seller from being responsible for fixing any repairs to the home, no matter how large or detrimental. Whether or not the property is being sold “as-is,” it is important for a potential buyer to schedule a home inspection before going through with the sale for many reasons.