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A Little Difference With Compound Interest

nascar

Sometimes the difference between success and failure is very small. Occasionally you’ll see a race (NASCAR, horse or foot) that will be decided by just an inch or two. Such a tiny amount determines winners and losers. What’s also striking is how much difference that can make in the future. Our stock car winner will take home a bigger prize ... Read More »

Glenn Beck-Endorsed Goldline Charged With Fraud

If you’re familiar with those old television ads with the likes of Glenn Beck and other conservative political figures endorsing the company Goldline you’re more than likely aware of the deals they offered for consumers to buy gold in order to protect families in these rough economic times. Over a year ago ABC Good Morning America’s Brian Ross started an ... Read More »

Treasury Reports An 88 Percent Increase In Mortgage-Fraud Since 2010

Banks are re-examining loans that took place during the housing boom and are now finding problems which has resulted in a large jump of reported mortgage-fraud. Reports are showing an 88 percent jump in the second quarter according to the Treasury Department. “Most of the mortgages suspected of fraud closed during the height of the real-estate bubble, the financial-crimes division ... Read More »

Homeowners In Financial Distress Lose Over $1.2 Million To Mortgage “Rescue” Fraud

To the tune of a MasterCard commercial: $4.7 million in fradulent mortgage loans… $944,224 lost by lenders…. $1.2 million lost in equity to homeowners…. Shameful. Mary Ann Dean and Charles Donaldson pleaded guilty to the charge of conspiracy to commit wire fraud in connection with a mortgage fraud scheme of Sunset Mortgage Company. Dean was a loan originator and operator ... Read More »

Should You Put Your Emergency Fund In Mutual Funds?

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The following guest post was contributed by Hank from Money Q&A. If you would like to contribute a guest post, click here. This question is from Jen who asks, “Should you put your emergency fund in mutual funds?” The short answer to your question is no. You should not put your emergency fund in mutual funds. Many people are hesitant ... Read More »

Wow! Free Help With Investing, Financial Planning, Retirement, Entrepreneurship, Executive Benefits or Insurance Issues is Now Available Here.

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If you have a saving, investing or retirement related question you’d like to ask, well you’ve come to the right place. Paul Bennett is an old friend who I have known for many years. He provides excellent advice and has helped many people. He’s a Certified Financial Planner, a Chartered Financial Consultant, Accredited Investment Fiduciary, holds a Masters of Science ... Read More »

Building Your Financial Future: Advice For 20-Somethings

Photo Credit: AMagill

photo © 2009 Andrew Magill | more info (via: Wylio)A lot of people always say that sometimes no credit is just as bad as poor credit. And I’d like to attest, this is correct. I, Amanda Miller, am in my 20s. Which means, you guessed it, I am the poorest I will ever be again (knock on wood). When I ... Read More »

Now Easier for Homeless People to Buy Gold.

BuyGoldWithCash

Thanks to this article from TechCrunch, it is now apparent that those with poor credit or who might be homeless can now walk into a local 7-Eleven store and finish their transaction to buy gold. Here is the pitch. Does anyone believe the lady pictured in the ad above is the type of customer that doesn’t have a bank account ... Read More »

What Do Carmen Electra, 50 Cent & Shaquille O’Neal Have in Common?

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by Jesse Eisinger, ProPublica, Over the weekend, the popular rapper 50 Cent urged his 3.8 million Twitter followers to buy [1] the stock of a microscopic company in Florida. The penny stock jumped 290 percent on Monday. The rapper, who owns 7.5 million shares and warrants for 22.5 million more in the company, had a paper profit that was briefly ... Read More »

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