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  • Unravelling TFSA re-contribution rules
    Unravelling TFSA re-contribution rules
    Since their introduction by the federal government in 2009, Tax-Free Savings Accounts (TFSAs) have become a favorite savings option for many Canadians – and with good reason: TFSAs provide tax-free savings growth and easy, tax-free...
  • fair lending compliance
    Federal Credit Union: Fair Lending Compliance Best Practices
    Fair access to credit depends upon fair lending laws. In order to remain compliant, federal credit unions must adhere to these lending laws without fail. In order to meet compliance standards, adopting best practices is essential for federal...
  • Talk Radio One
    Talk Radio One Interview with Steven Spierer
    On October 4th I was interviewed by Talk Radio One host Steven Spierer. We discussed a number of topics though he led off with the issue of labor and wealth inequality. This past spring, I penned an article on the topic of income inequality. In...
  • Gold hits an recent low
    Gold plummets, but India may save US October gold prices
    Did you hear that gold fell to $1183 per ounce on Monday October 6? News headlines over the weekend of September 13 reported an astounding decline in the value of gold with Monex.com stating the price per ounce at $1230.During that time, the US...
  • 5.9% Jobs number tailor made for Bankers
    5.9% Jobs number tailor made for Bankers
    Yesterday the Bureau of Labor Statistics reported that the unemployment rate dropped to 5.9%, which is exciting for, you guessed it, the banks. On one hand, it is seen as a sign that more people are working and, in theory, becoming creditworthy....
  • Case-Shiller for July
    Case-Shiller for July shows only small dip
    The S&P Case-Shiller Home Price Index for July was released yesterday, showing a less than 1 percent dip in high-price-tier homes. Keep in mind that this is the category that is most relevant to our neck of the woods. Case-Shiller also covers...
  • Developing a funding strategy
    Developing an air-tight funding strategy when looking to buy a business
    If you want to purchase a business or invest in your business's growth, you have a wide array of funding options to consider. However, you'll want to choose a funding strategy that is ideal for you and your business. Choosing the right...
  • Home buying tips in Virginia – effective real estate investment guidelines
    Home Buying Tips in Virginia – Effective Real Estate Investment Guidelines
    Real estate investment in Virginia needs careful evaluation for many things. Innumerable sources can be used for extracting the right information about actual real estate market in the state. It is also true that gathering too much data can become...
  • Scotland’s gambit pays off
    Scotland’s gambit pays off
    The results of the Scottish referendum on independence are in, and in the maneuvering leading up to the vote as well as the results themselves, the Scottish question has brought to light a new dynamic that many economists have been late to...
  • Blimp as a metaphor for credit in economy
    Inflation vs. Deflation
    Inflation and deflation are two of the most misunderstood economic conditions. The recognition of each is typically gauged with prices. Higher prices mean inflation. Lower prices mean what exactly? We never see lower prices do we? My economic laws...
  • New York Stock Exchange Sept 2, 2014
    Stock market preview for the week of Sept 15, 2014
    The S&P 500 slipped in three sessions during the week and in the process snapped a five week string of increases. The index finished the week 1.10% lower. The index has finished lower in 6 of the past 9 sessions. See related story.The S&P...
  • RadioShack trouble brings out nostalgia, but should you invest?
    RadioShack trouble brings out nostalgia, but should you invest?
    RadioShack, the once electronic super star, is on the ropes. On Friday, Bloomberg News reported the Shack is on the hunt for more capital. If it can't attract a lender or investor it may have to file for bankruptcy.In the 70s, in the days of...
  • Mortgage leads
    Tips to Close Mortgage Leads
    Turning mortgage leads into customers is the main goal of all your marketing efforts. Even so, a plethora of leads matters little unless you are able to successfully transform those leads into customers routinely. Generating leads has its own...
  • The NEw York Stock Exchange Sept 5, 2014
    Stock market preview for the week of Sept 8, 2014
    The S&P 500 slipped in the first three sessions of the holiday shorted week before rebounding to finish Friday at a record high. As a result the index finished higher for the fifth straight week with a gain of 0.55%. The index finished higher...
  • Buying a home
    Is home owner's policy title of insurance worth the money?
    You're all set to plan your housewarming party after letting family and friends know you've bought a new home. But you're stunned when the first person to arrive at the party is none other than the original homeowner, who never sold...