Planning for retirement is something grown ups do. So as soon as you can when you settle into your adult life, if you can get your retirement planning moving, you will benefit from the wisdom of moving on this early in life when its time for you to retire. Too often young people live in a fantasy world that they will never grow old. But short of the worst case scenario of an early demise, everyone is going to get...
Here are a few statistics for you. There have been several economic recessions since the end of World War II. The Joint Economic Committee has studied recoveries from previous recessions and compared them to the current situation. We are now 38 months past the beginning of the recession. When past recessions are studied, the committee found that at the 38-month marker employment would be about 3.7% higher than it...
Congress will consider three suggestions.
Provided by Duaine Owings
A fundamental reform for the housing market. For two-and-a-half years, economists and housing industry analysts have wondered what would happen with Fannie Mae and Freddie Mac. On February 11, they got an answer: the Obama administration announced plans to shut down both of the troubled mortgage giants by 2018 or sooner.1
As he met with the...
Some things to think about this year – and every year.
Provided by Duaine Owings This is the year!
Yes, you can make 2011 the year you alter your financial life for a better financial future. Let’s look at some steps you might think of taking with the goal of financial freedom in mind.
No, we’re not talking about those ridiculously obvious steps the usual articles recommend, like “write your...