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Archive for April, 2008

A recent survey in Investment Advisor magazine surveyed the values, attitudes, and work habits of 536 “successful” advisors (defining successful as having a non-inherited net worth of between $1 million and $10 million).
Here is a summary of the results:

The median amount of money the respondents would require in order to “feel wealthy” was $17.4 million.
Only [...]

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Regardless of which demographic group they belong to – male-female, Republican-Democrat or old-young – Americans named the Bible as their favorite book of all time, according to a recent nationwide poll.
In addition to being the number one book overall, the Holy Book also came in first across the board when comparing different demographic groups – [...]

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Members of the Texas Board of Education have approved broad guidelines for Bible courses in state high schools that align curriculum standards for the elective with those of high school English and history classes.
Lawmakers had passed a bill last May that gave Texas high schools the freedom to provide an elective course on the history [...]

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In May, the Treasury Department will begin the process of issuing rebate checks to over 130 million individuals–the result of provisions included in the Economic Stimulus Act of 2008, which was signed into law in February. Individuals who file a 2007 federal income tax return, and have $3,000 or more of income (including amounts received [...]

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For many families, this is an important question. Unfortunately, most dual income couples feel that both of them have to work in order to meet their expenses and maintain their lifestyle. If you evaluate your situation financially–factoring in the cost of working and the amount of taxes that you pay while both of you are [...]

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You want to retire comfortably when the time comes. You also want to help your child go to college. So how do you juggle the two? The truth is, saving for your retirement and your child’s education at the same time can be a challenge. But take heart–you may be able to reach both goals [...]

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Today, women have more financial responsibilities than ever before. But, according to the LIMRA report entitled U.S. Individual Life Insurance Sales Trends (2007), women are still underinsured. To be sure, life insurance planning is now just as important for women as it is for men.
Income replacement
Life insurance can be a useful tool for replacing income [...]

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The U.S. dollar has struggled over the last few years. The Canadian dollar recently reached parity with the greenback for the first time in three decades. In October 2000, the euro was worth 82 cents. Last year it hit a record $1.45 and kept going, while the British pound sterling was at a 25-year high. [...]

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If the roughly 6.6 million Americans living abroad were collected into one state, it would have the 16th largest state population in the United States, according to the Association of Americans Resident Overseas. For many people, the idea of spending retirement on a beach in Mexico or buying a daily baguette in a French village [...]

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The collapse of the subprime mortgage market and the jitters it’s sending through the entire economy contain lessons for us all. Here are a few:
If it sounds too good to be true, it probably is. Based in part on wishful thinking (“housing values will always appreciate”) and in part on misleading information (“that’s a great [...]

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