Word of the week: Fringe

Fringe: at the edge; minor area or peripheral A study by RealtyTrac.com and published in USA Today revealed that 50% of foreclosure filings were localized in only 35 counties in the United States.  If you study the locations of these counties you will see that most of them are located on the fringe of the…

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Word of the week: DIVIDEND

Simply put in financial terms, a dividend is a payment to a shareholder/stock owner from the profits of it’s business. The most common ways dividends are issued are either in the form of a check or deposit to the owner or it can be re-invested into purchasing more shares.  Example: Boeing issues dividends on a…

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Keep the mortgage for a tax deduction?

example of itemized-deductions on fed form 1040

Should I keep the mortgage for a tax deduction? What are the benefits of keeping a mortgage versus paying it off early? Many say that investing money rather than paying down a mortgage will achieve a greater return. That theory does make sense, but it could be argued that you could invest a LOT more…

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Route Recap

It has been two days since we returned the car and said goodbye.  Of course the memories are going to last a lifetime but I’m going to journal my feelings here today. First of all: Thanks I want to thank all of you who followed this trip across this great land of ours.  I know…

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Day 08: Bonus Day

The pinnacle moment of our trip came in Funk’s Grove, IL. The attraction that brought our attention to this little town was nothing more than a sign on the interstate: Funk’s Grove Pure Maple Sirup. (You will just have to visit them yourself to find out why syrup is spelled with an “I”, or see…

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