Days Inn Lincoln Park Chicago


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Storms uncover mystery shipwreck

We need immigrants to become U.S. citizens and participate not only in the benefits of citizenship but also the obligations. It ain't all gravy and if a majority of us don't start believing that then our grandchildren etc will definitely live in a very different world. You're stupid if you trust the other folks in the world. The folks who would take your country and your freedom. The only people who can be trusted is US. The only thing all of those folks will understand will be power. Think, vote. No, I am not talking about Obama or Clinton. Mr. McCain is the only possibility... .


Turn Off Market's Noise And Tune In To Your Goals

A challenge for the dividend investor is separating one's self from all the market noise.

Forget the market's daily rumbles.

Forget every throat-clearing of the Federal Reserve chief.

Most of all, forget about keeping pace with the market on every lap.

"As an individual investor, what difference does it make whether you beat the S&P 500 this year?" writes Josh Peters in his newly released book, "The Ultimate Dividend Playbook."

If you're making progress toward your investment goals, there's no reason to feel insecure because an index did better the past six months or because a fund manager had a dazzling, breakaway yearly performance and you didn't.

The income investor can't afford to get sucked into that game.


Reverse mortgages: Loan would allow older homeowners to take advantage ...

Sometimes it takes several conversations before the senior person understands the loan," Salpietra said.

Bartnick said she believes the reverse mortgage would be most beneficial to a person who owns his home and wants to take some monthly income to offset expenses or to pay off debt.

Otherwise, depending on the amount of equity a person has in his home and his life expectancy, as determined by different sets of actuary estimates, the loan amount is typically conservative, she said.

The person who has his house paid for can typically access up to 50 percent of its value through a reverse mortgage.

The action could diminish the amount of future inheritance for the person's heirs, but it could allow the homeowner to continue to live in his home, she said.

By increasing the amount of income through the loan, hopefully the senior citizen's lifestyle will improve, said Salpietra.


 
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