I fully realize if it sounds too good to be true, it probably is and There Aint No Such Thing As A Free Lunch (TANSTAAFL) immediately jumped into your head when you read the title of this article. However, if you are 62 or over, you may have just found the goose that laid the golden egg.
Mortgage Debt Has Advantages Tax Advantages
The first time you buy a home, you may break into a cold sweat when you go to sign the loan documents and realize you are committing to paying back hundreds of thousands of dollars.
Basic Mortgage Terms
If it is your first time applying for a mortgage, there are a number of terms you should know. Educating yourself on the various mortgage terms you will run into will help you make better decisions when deciding which home you want to purchase
Home Equity Loans Tax Deductions – What Are The Tax Advantages Of A Home Equity Loan?
Depending on how you used your home equity loan, there are a number of tax deductions available for your home equity loan interest. The largest deductions are available for home improvements. However, for loans used to consolidate debt or pay for college, you can still deduct interest with some limits. And if you use the loan for investment purposes, you can also deduct interest charges.
Home Equity Loans Used For Home Improvements
Interest on home equity loans used to …
The Magic Bullet Theory of Investing
Some of the best ways to reach the goal of dying broke.
Ten Common Investment Errors: Stocks, Bonds, & Management
Losing money on an investment may not be the result of a mistake, and not all mistakes result in monetary losses. Compounding the problems that investors have managing their investment portfolios is the sideshowesque sensationalism that the media brings to the process. Avoid these ten common errors to improve your performance:
Gear up your tax planning with mutual funds. Smart tax saving tips and recommendations – 2008
Investment through Equity linked Saving Schemes not just provide you benefits of tax exemptions but also provide you the high returns of mutual funds. Tax plans like ELSS need to be understood by investors in order to benefit from them while filling their annual tax returns.
Second to DIe Life Insurance
With a second-to-die life insurance policy your beneficiaries can pay debts with the proceeds of your policy, so they won’t be forced to sell your house or liquidate assets to pay the bill.
What is Financial Securities
It is true that bankers also invest money in securities, and that some of these are foreign.
Who Is Responsible For Closing Costs
Buying or selling a home is a euphoric experience for both of the parties involved. This euphoria can cool when you learn which party is responsible for the closing costs.
Does the American government see its citizens as its children?
The founding fathers had an idea for a country and a way to govern the people, by the people and for the people, but does this mean that the government has the right to tell us we can not do something because it is bad for us.
How To Stay Out Of Debt
Once you have completed that uphill struggle to get out of debt, you need to stay out of debt forever.