Prices Are Not Going Up
This week showed us that prices are not going up, and therefore the threat of inflation is not there. The PPI was down .5% and down 1.1% since a year ago. The CPI was down .2% from August and flat from a year ago. This means that the price consumers are paying is the...
This Weeks Win! 10-16-15
Newly divorced woman gets approved for a loan to pay out ex-husband, allowing her son to continue to live in the house he grew up in! While any change in familial status is hard on both parties, it is hardest for the children. In this case, the woman stepped up,...
If I Take Cash Out of My Property I Owe Income Tax
If I take cash out of my property I will owe income tax on it. False! You can refinance your home or a rental and take cash out above and beyond the amount you owe now. Use it to repair your house, use it to invest in another property, or take a well-earned vacation....
Quiet Week in Economic News
It was a quiet week this week in economic news. Next week will bring us the PPI, retail sales for September and CPI which are all 3 indicators of whether there are inflationary pressures. All expectations are that this will be a flat number. This is bad news as a...