According to a November report by Standard & Poor’s, about half a trillion dollars’ worth of adjustable-rate mortgages are due to reset to higher rates in 2008 when their two-year teaser rate periods come to an end.Even though general interest rates have been headed down recently, you should know that it may not affect the [...]
Archive for February, 2008
Homeowners in Trouble Need to be Proactive
Posted in Cashflow & Budgeting, Debt, Personal Finance on February 26, 2008 | Leave a Comment »
Try to Avoid These IRA Mistakes
Posted in Income Taxes, Investments, Personal Finance, Retirement on February 19, 2008 | Leave a Comment »
April 15, 2008 is the deadline to contribute to an IRA for tax year 2007, but now is a good time to review the do’s and don’ts of successful IRA management.
Mistake No. 1 – Failure to start: Do you have either a traditional or Roth IRA as part of your retirement strategy? If not, get [...]
IRS Clarifies Wash Sale Rule Relating to IRAs
Posted in Income Taxes, Investments on February 12, 2008 | Leave a Comment »
In Revenue Ruling 2008-5, the IRS has ruled that the wash sales rules apply when a taxpayer sells stock or other securities outside of an IRA for a loss, and purchases substantially identical stock or securities in an IRA (traditional or Roth) within [...]
Handling Money God’s Way
Posted in Cashflow & Budgeting, Charitable Giving, Christian Finance, Crown Financial Ministries, Debt, Tithing on February 5, 2008 | 1 Comment »
Here’s a clip from a recent ABC Nightline program featuring Howard Dayton and Crown Financial Ministries: