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Wealth

Home Equity is Just a Number

A recent Wall Street Journal story said, “More than 40% of borrowers who took out a mortgage in 2006 — when home prices peaked — are under water. Prices have dropped so much in some parts of the U.S. that some borrowers who took out loans more than five years ago owe more than their [...]

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Don’t forget the Energy Tax Credit

The American Recovery and Reinvestment Act of 2009 extended a bunch of tax incentives that were first started in 2005.  What this means to you as a home owner is that you can save up to $1,500 on your income tax bill (or increase your refund by $1,500) if you do some approved energy improvements [...]

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Warren Buffett Says…

I am not really sure what category this fits in my blog, but there is some financial wisdom here from the Warren Buffet worth sharing: “With enough inside information and a million dollars, you can go broke in a year.” “My idea of a group decision is to look in the mirror.” “Someone’s sitting in the [...]

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