August 2009

>Shrinking FDIC Fund Signals More Economic Pain Ahead

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>Some worrying commentary from FDIC chairman Sheila Bair indicating that the economy and housing market are still a long way from recovered and that the potential run up in financial shares of late could just as easily reverse course in the later half of this year. The remarks were prompted by the falling value of [...]

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Moving Words on Living Life in a Presidential Eulogy

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It’s not often that you read an article and feel moved by the words. But this is what happened when I read President Obama’s eulogy for Senator Edward M. Kennedy. The words conveyed the strong bond that President Obama had with this accomplished Senator, but I thought a couple of paragraphs in the eulogy had [...]

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10 Healthy and Simple Meals You Can Make for Under $5

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Coming up with a meal idea is always tough! Trying to come up with something that is healthy, delicious, and actually inexpensive may seem nearly impossible. Here we look at some cheap, healthy, and delicious meal ideas. 1. Pasta Primavera: What a great way to get in your veggies! The basis of this dish is [...]

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2010 Cash for Appliances Stimulus Rebate Program – Now Active – Covering Air Conditioners to Refrigerators to Washers; And How to Claim the Rebate

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The Federal energy-efficient appliance rebate program or Cash for Appliances program as it is more commonly known is now live in a number of states. The program will provide $300 rebates for Energy Star electric heat-pump water heaters, $100 for super-efficient clothes washers and $50 for super-efficient refrigerators. The program is being administered by the [...]

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Protecting Your Mortgage and Other Assets with Term Life Insurance

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One of the largest purchases in your lifetime will most likely be your home. If you have bought one or are planning to, chances are that you have looked into a mortgage in order to afford one. As time passes, and you pay your monthly mortgage payments, have you ever given any thought to what [...]

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5 Personal Finance Tips For Smart Retirement Planning

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The WSJ brings us some timely expert personal finance tips for those in or close to retirement. Normally, personal finance is targeted at the young and new to working life, but older Americans are in need of advice as much as anyone else. In fact they are even more at risk, because they don’t have [...]

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The Rich Not Getting Richer After All – I Don’t Think So

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The NY Times ran a piece recently claiming that the rich are not getting richer anymore due to some data they managed to dig up on falling dividends and a couple of sad rich people stories. I must say I was surprised by this one sided piece of reporting from the times which I regard [...]

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How Do I Go About Investing in Mutual Funds Cheaply

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The title of this post was based on a question I recently received from a reader – Ben – who was new to equity investing and wanted to get some basic advice on investing in the stock market. He has about $5,000 to kick start his portfolio and wanted a simple, low-cost way to invest [...]

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Roth IRA 2011 vs. 2012 Contribution and Income Limits and Conversion Rules From Traditional IRA Retirement Accounts

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[Updated with 2012 Roth IRA Limits] The IRS has released 2012 IRA information and there is no change to Roth IRA contribution limits over 2011 levels. Income ranges have increased slightly meaning more people are eligible to open a Roth IRA account in 2012. Updated details and a comparison to 2011 levels are shown in [...]

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The Health Benefits of Living Frugally

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People who opt to live a frugal lifestyle don’t usually cite their health as a reason that motivates them to save money. However, there are actually a lot of health benefits to choosing to live a frugal lifestyle. Those health benefits are related to stress reduction, food choices, frequency of exercise and the green living [...]

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