401(k) Loans Common During Crisis

Posted by Richard on July 7, 2020

In March through June, many workers found some help from virus job losses and layoffs in a combination of savings, unemployment, and credit. As July comes screaming in, what are the next steps if employment doesn’t return and government programs are not renewed? Financial experts have urged people not to look to their 401(k) retirement […]

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Negotiating Tips For Buyers And Sellers

Posted by Richard on

Whether you’re a buyer or a seller, you can find something good about the current real estate market. Interest rates are low, making for more appealing mortgages (and an abundance of available loans). And inventory is a little tight, making for less competition. So, if you’re a buyer, you can find a ready loan at […]

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People Will Change Their Lives Because of COVID. Maybe

Posted by Richard on

After a couple months of quarantine, commentators across the world are speculating about what will happen to relationships and the world. Will the divorce rate go up? The Boston Globe notes that some cities in China had a spike in divorce applications following the COVID outbreak. Perhaps familiarity breeds contempt. Will more people get married? […]

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The Key To Fraud-Printed Right On Your Checks

Posted by Richard on

In a business checking account, a small charge of $10 to $20 might not generate too much concern or suspicion. But, beware, small amounts coming out of your checking account can be fraud and all the criminal needs to know is printed right on your check. Automated Clearing House (ACH) fraud is a common way […]

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Three Strategies If You Are Worried In The Current Crisis

Posted by Richard on June 4, 2020

Wild. That’s the ride of the stock market today. Up 500, down 1,000. Every day it is a new shock. You look at your holdings and a sign flashes in front of your eyes: DANGER. DANGER. DANGER. But don’t panic. Here are three ways to think about it: 1 Don’t look. If you have 30 […]

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Back To Work? How To Navigate, Disinfect Your Work Day

Posted by Richard on

Each worker will want to routinely disinfect work spaces for at least two months (and maybe more if there is another outbreak of coronavirus in the fall). This article contains information derived from a National Institutes of Health 2020 study on virus aerosol and surface persistence. It was published in the New England Journal of […]

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Home Prices Stable, Interest Rates Low During Crisis

Posted by Richard on

With quarantine orders expected to ease in June, housing prices remain reasonable and interest rates remain historically low, making refinancing attractive. Meanwhile, consumers might be looking for new lifestyles. The current virus crisis appears to have had some impact on home buying decisions. Real estate brokerage CEO Glenn Kelman told CNBC demand for more rural […]

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Where There’s A Will, There’s A Way

Posted by Richard on

How can you be assured that your adult kids remain friends after your death? Or that your young children are taken care of as you wish? Write your will, and do it soon. A will is a legal instrument that spells out to whom your assets are to be distributed when you die. It also […]

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Relief Bill: How Should I Use The Money?

Posted by Richard on May 14, 2020

In late March, the U.S. Congress passed a $2 trillion economic rescue plan, dubbed the CARES Act, to provide relief to Americans impacted by the COVID-19 pandemic. The bill included cash payments to individuals, increased unemployment insurance benefits, changes to student loans and to retirement account rules, among others. The amount of the payments varied […]

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Buying And Selling In The Temporary Normal

Posted by Richard on

With all of this extended time spent home-bound recently, many of us have discovered a new truism: if you have to be quarantined, you might as well do it in your dream home. No matter what — the season, the economy, even a virus — people will continue to buy and sell houses. It’s only […]

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