14 Jul REASONS FOR OPTIMISM
Stocks are fizzling ...
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Kevin Nast Tag
11 Jul Kevin M. Nast Presents: WEEKLY ECONOMIC UPDATE
WEEKLY QUOTE “A mistake is to commit a misunderstanding.” – Bob Dylan WEEKLY TIP As you shop for groceries, how many impulsive purchases do you make? Impulsive buying might negate the dollars you are saving through coupons and preferred customer cards. WEEKLY RIDDLE A librarian finds that pages have been ripped out of a...
09 Jul EARLY DISTRIBUTIONS FROM RETIREMENT ACCOUNTS
Some tax consequences to remember. There are times when people really need money – and in those times, a retirement account may seem like a conveniently liquid resource to tap. What’s the harm in taking an early distribution from a tax-deferred retirement plan? Well, the tax...
07 Jul 6 STEPS TO HELP GET OUT OF DEBT
Why not plan to lighten your financial burden? Positive moves to counteract negative cash flow. In its most recent Quarterly Report on Household Debt and Credit, the Federal Reserve Bank of New York put aggregate U.S. consumer debt at $11.4 trillion in the fourth quarter of...
05 Jul Kevin M. Nast Presents: WEEKLY ECONOMIC UPDATE
WEEKLY QUOTE“People are definitely a company’s greatest asset. It doesn’t make any difference whether the product is cars or cosmetics. A company is only as good as the people it keeps.” – Mary Kay Ash WEEKLY TIP If a friend or relative moves in with you, have an up-front talk...
01 Jul HOW TO HELP BUILD GOOD CREDIT (AND IMPROVE YOUR CREDIT SCORE)
Some little things that may make a difference in the number. 740 is the new 720. If you want to refinance or buy a home or pass muster with a lender, a landlord, an insurer or even a possible employer, it will help to have a...
28 Jun Kevin M. Nast Presents: WEEKLY ECONOMIC UPDATE
WEEKLY QUOTE“It is better to be absolutely ridiculous then absolutely boring.” – Marilyn Monroe WEEKLY TIP Don’t “fake it to make it” – that is, don’t live as if you are wealthy to create a perception of success. This is a very good way to get into debt, and to...
24 Jun THE CURRENT CD QUANDARY
Today’s yields can’t beat inflation. CD investors are effectively losing money. According to Market Rates Insight, a research firm tracking bank rates, annualized inflation has surpassed long-term certificate of deposit rates since February. In April, 12-month inflation hit 3.16% while the highest-yielding 5-year callable CD on...
21 Jun Kevin M. Nast Presents: WEEKLY ECONOMIC UPDATE
WEEKLY QUOTE“If you don’t like something, change it. If you can’t change it, change your attitude.” – Maya Angelou WEEKLY TIP How much money do you spend on coffee annually? $1,000? More? If you are looking to save some money, buy instant and make coffee at home – or cut...
19 Jun WILL GAS HIT $5 A GALLON?
How about $6? $7? When will we see relief? How high will pump prices go this summer? Many analysts think we will pay $5 a gallon for gas this summer – and some think gas will cost much more than that. On April 20, the AAA’s...