This is What Can Happen If You Don’t Pay Taxes

A comedian once said that death is painful, but it only happens once. Taxes, however, seem to get more painful every time politicians get together. It’s also an annual ritual of mental anguish for many Americans. Who doesn’t dread the annual encroaching of April 15th? Depending on your tax bracket, the average annual tax burden […]

5 Key Considerations Before Refinancing Your Home

Refinancing your mortgage can be a good idea for a number of reasons. Interest rates might be lower. You might be looking to reduce your loan’s term. Or you might need to access a portion of your home’s equity for debt consolidation purposes You must, however, give refinancing some thought before pulling the trigger. Under the wrong […]

Big Changes to Your Retirement Plans: The Good, Bad, and Ugly

Small business employees, new parents and working retirees would benefit Retirees could find it easier to create lifelong retirement income using 401(k) dollars Heirs, however, are likely to pay more in taxes to make the cost impact neutral The House recently passed a bill that contains some of the most significant changes for qualified retirement […]

Can the Millennials Spend America Into a Permanent Economic Expansion?

As the longest running economic expansion since the 1850s continues, many wonder how long the good times can last. Do economic factors support continued growth, or will the decade-long good times come to an end? Some believe that Federal Reserve monetary policy could paper over any risk of an immediate recession. Then, rising spending among […]

Another Danger Sign: Property Flippers Hire Uber and Lyft Drivers To Scout Properties

Big Wall Street operators such as Blackstone, KKR and Goldman Sachs are investing big into house-flipping. In fact, more than 40% of house flips are now initiated by companies. Part of the appeal is the money to be made from high-interest hard money loans. Interest rates can be as high as 12%, although as much as […]

Billionaire Howard Marks Warns Investors: ‘It’s Not Different This Time’

Billionaire Oaktree Capital Management Co-Chair Howard Marks is warning investors who think the rules have change are mistaken. In his latest memo, Marks expresses his worries that too many investors believe that this record bull market run can “only get better forever.” Marks warns that investors who subscribe to this train of thought are only […]