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Monthly Archives: January 2012

U.S. Government Responsible for Massive Mortgage Rate Increase

War On Wealth Series – The congressionally mandated g-fee increases set to go into effect as of now, will artificially increase mortgage rates by more than 1/2 percent with some lenders. It will increase mortgage rates to some degree with all lenders. The Federal Housing Finance Administration (FHFA) has mandated


Real Estate Market Conditions Ending 2011 and Beyond

As we enter 2012 what’s our assessment on the Real Estate Market ending 2011 and what can we look forward to in 2012.


Dr. Martin Luther King Jr. – Somebody Told A Lie!

  But, as we say here, a day of Black Independence, a Declaration of our Freedom and celebration of our Black Heritage. A Black Independence Day. This is is a much lesser known speech from Dr. Martin Luther King Jr. We here at Black Independence Day came across this clip, and were in tears, for [...]


What Are Roth IRAs, And How Are They Different From Traditional IRAs?

The way they are funded and the rules governing withdrawing funds, are the major differences between a Roth IRA and a traditional IRA.   IRA Funding Traditional IRAs are funded with your income dollars before


How Can I Improve My 401k

401(k)’s were billed by the government and corporations as one of the most powerful tools you have to save for retirement. 401(k)’s are offered through employers and can be contributory or noncontributory.In addition to saving for retirement they were billed as one of the best tax shelters that our federal government has ever managed to [...]


What Are Self-Employed 401(k) Plans?

The self-employed 401(k) plan was designed for self-employed people who have no employees, other than their spouses, working for them. The 401(k) is promoted as one of the most powerful tools you have to save for retirement. These instruments are offered through employers and can be contributory or noncontributory. In addition to enabling you to [...]


What Are Key Features Of Simplified Employer Pension Plans (SEP) Plans?

As I mentioned in an earlier post, a Simplified Employee Pension Plan, is a retirement plan specifically designed for small-business owners and self-employed individuals. These plans work even if you are the only employee, as the rules are the same.  Don’t Forget To Check Out “Maximizing The Bank Of You Concept”   Key features include:


What Are Simplified Employee Pension Plans?

Don’t Forget To Check Out “Maximizing The Bank Of You Concept” Simplified Employee Pension Plans (SEP), are retirement plans designed for small-business owners and slef-employed individuals. Employers can make tax-deductible contributions on behalf of their employees because the plan is based on an IRA. That means, if you are eligible, you will not pay taxes [...]


Be Debt Free Today – Budgeting Solutions For Personal Finance Dilemmas

Don’t Forget To Check Out “Maximizing The Bank Of You Concept” Do you want to be debt free today?  If you have the money in the bank, of course, you can pay off all of your bills.  However, for most of us, being debt free today is more of a mentality than a reality. Being [...]