Most investors incorrectly think of "risk" as the possibility that the market value of a financial asset might fall below the amount that he or she has invested in the asset. OMG, how could this be happening!Think about it. The harboring of these misconceptions (that lower market price = loss or bad and/or that higher market price = profit or good) is the greatest risk creator of all. It invariably causes inappropriate actions within the large...more
Most people enter the investment arena thinking that "Risk" is a board game they played in college. Today, I would guess that the majority of investors have never owned an individual share of common stock or a Municipal Bond. The popularity of investment products has heightened the risk for all investors and has indirectly led to many of the policy errors that threaten both capitalism and the economic fabric of America. Individual equity market...more
When approaching the twilight of a person's life, they should not have to worry about income. Unfortunately, most people's retirement income is not adequate enough to cover their costs.Investment properties are a great way to plan supplemental income for a retirement. During a person's life time while they work, buying property and either renting it out or maintaining it for resale is an investment gold mine.Retirement income should be based mainly out of an IRA or pension plan. However, this may not be enough to keep a person in the standard of living at which they are accustomed to.The reality is you do not want to spend your entire life slaving away at some company. Like pretty much the entire human race, you want to hit a point when you can retire and live out the rest of your life comfortably.You must keep in mind that taxes go up as time moves forward. Therefore if you have to pay taxes on your investments down the road, you will surely be losing more money. Not to mention, with a Roth Ira, you can pull out your money as soon as five years down the road, and there are no penalties.The key to finding great ways to invest money is by doing a little research in the beginning....more
There is a common assumption that criminals are those who commit heinous crimes and are not suitable to fit into society's norms. Therefore, if you or any of your family members are arrested or are facing a criminal charge, it's an issue of serious concern and requires immediate attention. A criminal offense has the power to cause...more
The third time might be a charm for Brett Favre. The 40-year-old quarterback has given the Minnesota Vikings a scare, going public with his contemplation of retirement from the National Football League. While nothing has been settled yet, Favre announced he would retire if his surgically repaired ankle doesn't fully heal before the regular season,...more
In a Divorce proceeding, the Court has the power to justly and equitably award property. Therefore, it is extremely important to note that the Court does not automatically apportion property division at 50% to each party. In many cases, the interpretation of just and equitable has carried this meaning however, this is always subject to the specific circumstances of the Divorce case. The Court has the authority to divide marital property. Therefore, it is helpful to develop a chart or summary of all of the marital assets as well as non-marital assets. Marital assets include anything of value that is accumulated after the date of marriage. This includes, but is not limited to cash, accounts, investments, pension, 401(k) plans, real estate, investment property, business interests, or personal property items. Anything that has value and that was accumulated after the date of marriage is considered marital property and is subject to division by the Court. Non-marital property is property that was either brought into the marriage by one party (e.g. a vehicle that was owned outright by one spouse before he or she got married) or if the property was received as a result of an...more
Pennsylvania residents, if youre envisioning your retirement as a place full of non-stop activities, and free from home maintenance and other household chores, there are active adult communities in PA that will be an excellent match for your needs.If...more
Can I Get a DWI/DUI Even if I Wasn't Driving?Can I Get a DUI/DWI even if I wasn't driving? Unfortunately, yes, you can get a DUI even if you weren't driving the car. A common DUI question is whether a person can be charged or convicted of a DUI...more
Driving under an Influence is a serious traffic offense and in most cases, can lead to an arrest. But all DUI charges do not have to end with a conviction, and you can get the charges suspended with the right kind of representation. In counties like...more
When going in for a lawyer, you would want to pick only the very best. Hence, in this way, you can be assured that you will get legal representation that is very hard to beat and can therefore be assured of a somewhat reduced punishment as a result...more
DUI lawyers are not rare to find these days, but why do you have to hire them at all? There are times when you know you are not guilty of an offense and you think you can work out things for yourself. Here are reasons that will let you know why you...more
Indian legal system is a compilation of laws drawing its origin from various sources beginning with the customs of the ancient Vedas embodied in the present day Hindu personal laws governing primarily the area of marriage, succession, adoption and...more