Posted by Administrator on
February 1, 2008
WaMu Checking Accounts
When choosing checking accounts you need to take a look at your financial situation. Do you have sufficient and consistent income to be able to afford to leave a minimum balance in the account so that the fees can be waived? If that is the case then you could benefit from the interest bearing feature of a premium account. Otherwise many people go with the free account. There are too many free accounts available to allow whatever balance you are able to carry to be consumed with fees. Free checking from Washington Mutual also comes with free services for identity theft, which is an ongoing concern of most people. After you look over your situation and decide what account is best suited for you, contact Washington Mutual to get started.
Posted by Administrator on
January 30, 2008
Title Insurance
You need title insurance so that when the great grandson of the recently deceased owner of the house next door to yours hires an attorney saying that he wants the fence moved over two feet closer to your structure because his land is 75′ wide and not 73′. Your title insurance company agent will then do the necessary research and find the daughter of the original owner of your property and learn that seventy years ago through an unrecorded gentlemen’s agreement your neighbor’s great grandfather moved the fence over two feet to allow his neighbor room to walk by his house without having to turn sideways. In addition to defending your case in court the title insurance company will pay to have the fence moved or buy the two foot strip of land from the person who is suing you depending on the decision of the court. Even though the research done by title companies is thorough, there can be any number of issues outside their control. For example at some point during the ownership of property a signature on a deed may have been obtained from a minor or may have been forged. It is these types of undiscovered claims that a title insurance property protects you against as long as the property is owned by you or being passed along to your heirs. It is important coverage to have and like all forms of insurance, you’re paying the premium for the time that you may need it.
Posted by Administrator on
January 27, 2008
Northern Trust - Private Banking
For over 115 years Northern Trust has led the banking and finance industry. With over $700B in assets under management and offices in 19 states and 13 countries, they make sure their clients enjoy superior service. They offer both personal financial and institutional services. They work with wealthy individuals providing estate and trust services, investment accounts and brokerage services, investment and retirement services, and banking services for individuals and businesses. As a person of affluence in need of private banking accounts you should consider contacting a Northern Trust Relationship Manager who will provide you with additional information on general banking accounts, mortgages, loans and credit products. They make it their business to provide personal attention to your financial matters. They are FDIC insured and their stock is publicly traded. You can download copies of their magazines Wealth and Point of View. Have a look at their website at northerntrust dot com.
Posted by Administrator on
January 26, 2008
Nouveau Riche University: Keep your day job
and learn how to build wealth by investing in Real Estate. I’m sure you have seen the many informercials about real estate investing. Not everyone works best in a totally self-directed environment. Schools exist to provide structure to help you become successful. There are techniques that will bring in more money for you than traditional methods. Instead of buying a house and renting it out to successive tenants and then selling later on in either an up or down market, you might want to know how to do a wrap-around mortgage. That way you can screen tenants for someone who will want to own the house in a year or two. Those are the kinds of methods Nouveau Riche University can teach you. Nouveau Riche University is featured in the January 2008 issue of Your Business at Home Magazine. They have instructors who are just like you. They have their careers but wanted more and are building wealth in Real Estate investing while still employed. You’ll learn things like short sales, how to get properties ready for sale, how to manage your property, techniques for minimizing the burden of taxes and many other topics. Working with an instructor can save you time over learning on your own. Check them out at nruniversity dot com.
Posted by Administrator on
January 26, 2008
Money 101: The tax rebate check
I am trying to decide what to do with this check the government is proposing to send everyone. I could use this tax check to pay part of my property taxes. I figure if they’re going to play with the economy like it’s a set of Tinkertoys® I should play too. I know I’ll have to add the money to my income but I’ll be writing off the property taxes on Schedule A anyway. Another option would be to buy more stocks with it. Or make an extra house payment. Or put some cash with it and make two truck notes. Or pay off a bill. I’ll have to think about it. I really feel like I should make money with those funds before I have to start paying taxes on it. I want to get the most use out of it. I don’t want to just blow it on stuff. If I decide to buy something with it I have to make sure it is something that will bring in money. Because whatever is not making you money is costing you money. I know that is a dualistic way of viewing the world, but if you look at life and money, you’ll find it to be true. There may be some things that are costing you money that you don’t mind, like your kids needs or your house. But that non income producing asset is a liability even if is a welcome one. You can find out all about this by reading Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money–That the Poor and Middle Class Do Not!
Posted by Administrator on
January 10, 2008
Trust Deeds Investing
Getting a higher return on your investments seemed to be easier a few years ago. Then interest rates dropped and with them the return on CDs. In the early 1990s I remember people who had been receiving 14% on $100,000 held in a CD see that $14,000 drop to $8,000. I think CDs are yielding even less now. Some people start looking at real estate but not everyone is cut out for the day to day rigors of being a real estate investor. A way to invest in the real estate market but not actually own properties is through trust deeds. This involves private lending and pays a higher yield than many brokerage products connected with real estate. The investment team at Diamond Bay Investments, Inc. can help you to get a higher return. Their website features a glossary of terms as well as an in-depth FAQ page. There are video testimonials as well as a video webcast to tell you more about trust deeds. If a 12% return is something that you’d like to see, have a look at their website at agreatwaytoinvest dot com and contact them.
Posted by Administrator on
January 9, 2008
Market Timing
If you read in the paper that yesterday CEO So and So of Thus and Such, Inc. said this or that, you should have bought or sold that stock or bond the day before yesterday. The problem is that predicting the market is tricky and sometimes when a stock drops you’re better off buying more than sitting around wishing you had sold it before it took a dive. Instead of despairing, just tell yourself, through gritted teeth, “more for me,” as you write that check.
