30 March 2008
Posted by James Breen at 3/30/2008 10:28:00 PM
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My husband and I have been thinking about turning our 401k/IRA money into annuities. But we are concerned about: 1. Outliving our money 2. Not having enough for "play money" for those cruises we want to take. Our financial consultant suggested variable annuities. Since we don't know much about them, we've been doing some searching. Miranda Marquit, over at Yielding Wealth, recently answered my question about the difference between fixed and variable annuities. There is still lots more ..read more.
While more information waited to be found, that is what I found: Read the rest of this entry »
Posted at 22:28 0 comments
29 March 2008
Posted by James Breen at 3/29/2008 2:23:00 PM
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The Fed cut the discount rate by three quarters of a percent, its largest one-day cut ever, and yet the stock markets are still nervous about the potential for a recession in the US that could affect the entire world, as demand for products drops back. In spite of the Fed cut and the tentative agreement for a $150 billion stimulus package (essentially a tax cut for the middle class and for businesses), Asian markets reacted Monday to continuing worries about the buoyancy of the US economy .. read the rest part.
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Posted at 14:23 0 comments
28 March 2008
Posted by James Breen at 3/28/2008 8:06:00 AM
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Billionaire New York City Mayor Michael Bloomberg took Senator Barack Obama of Illinois for breakfast at an upper east side Manhattan coffee shop last November and subsequently agreed to help arrange Obama's speech today at the Cooper Union about the national economy, ongoing housing slump and the advancement of science and art. Bloomberg, a former Democrat, has not yet formally endorsed Obama for president, but in his brief introduction referred to him as a man from "the land of Lincoln," .. click here.
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Posted at 8:6 0 comments
27 March 2008
Posted by James Breen at 3/27/2008 6:37:00 PM
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The following is an interview I found interesting, between radio talk-show host Thom Hartmann and Dr. Lewis Mehl-Madrona, the author of Coyote Healing, Miracles in Native Medicine, and a number of other books. He's a PhD and MD, Professor of Medicine at the University of Saskatchewan College of Medicine, and out on the East Coast practices at Beth Israel Medical Center. He's also a practicing psychiatrist in Canada. One thing I've noticed over the years is that, when we talk of Canadian ..[next].
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Posted at 18:37 0 comments
27 March 2008
Posted by James Breen at 3/27/2008 4:48:00 PM
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When we discover, as most of us do, how little our precious possessions will fetch in the marketplace we are inclined to be disillusioned, event to feel that we are being updated.
Debt Service Coverage Ratio … DSCR. Steve and I are working with a couple of sets of clients who are looking to invest. Some are local, some are international, all are interested in what opportunities we have available here in the New River Valley, but not all know how to determine whether the debt service is covered by the income. I thought this might be a good time to study real estate investing 101 … Anytime you're considering investing in income-producing property, you need to know ..next.
When we discover, as most of us do, how little our precious possessions will fetch in the marketplace we are inclined to be disillusioned, event to feel that we are being updated. Read the rest of this entry »
Posted at 16:48 0 comments
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