Financial Schools Reviews

Have you had a recent theft at your business? Before you rush out and replace the stolen items, it might be worth considering the possibility of a repeat offence. Repeat robberies are most common among retail and small businesses and usually happen within a month of the original crime. As well as the risk of increased NJ business insurance claims, repeat victimization could have a highly detrimental effect on employee productivity and mental health.

If your business has recently fallen victim to theft, it is important to increase security measures in order to prevent a reoccurrence.

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Earlier this week, I ran across an article about a new piece of legislation being promoted by two Georgia Congressmen who want to allow people to pull money out of their retirement accounts to pay down their mortgages.

Dubbed the Hardship Outlays to Protect Mortgage Equity (HOME) Act of 2011, the legislation would allow homeowners to withdraw up to $50k or half of the account value, whichever is smaller, without paying the usual 10% penalty. In short, you’d have to use the funds to make mortgage payments within 120 days of receiving the distribution.

You can read the text of the bill here: HOME Act of 2011

The sponsors, Sen. Johnny Isakson and Rep. T

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When it comes to credit cards, most of us think of them as a way to get things we really want right now. We may not actually “need” these things, but we sure do want them. Whether it’s a new couch, a new stereo or even a new wardrobe, we use our credit cards faithfully at the behest of our wanter. However, there is a common issue affecting most people in today’s societies. Our “wanters” are out of control and they are wanting the wrong things. There is nothing wrong with having some new clothes, but there is a better way to use your credit cards that can actually result in you having more money.

It’s time to take your “wanter” to task and retrain it.

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It is not the job of the ratings agencies to support the efforts of major economies to dig themselves out of the holes that they have got themselves into. Nor is it the business of the ratings agencies to support one currency over another. However, it is the job of the ratings agencies to be one step ahead of the game in order to be able to provide frank and accurate assessments of the risks associated with investing in sovereign bonds.

Moody’s have not helped the European sovereign debt crisis, nor the fate of the Euro, by deciding to downgrade Italian debt from A2 to Aa2. T Full Article…

The Federal Reserve has very little left in its bag of tricks to help stimulate the economy. And experts say whatever comes next may not have enough of an impact to pull the economy out of its slump.

That’s a far cry from how the year started, when the Fed’s second round of bond buying, known as QE2, helped give stocks a much needed boost. By June, the economy remained sluggish and stocks were treading water, raising speculation about the Fed’s next move.

The central bank announced that move, known as Operation Twist, at its September meeting. Full Article…