Apr 27
I haven’t done a question of the day in a while.
Yesterday’s post got me to thinking about this. So, here’s today’s question(s) of the day:
Would you allow your grown child to live with you? Under what circumstances? Would you have rules?
Here are my thoughts…
I haven’t discussed this with my wife, but I might be willing to let a kid move back home if they went to college. They would need to get a job and they would need to live a like a pauper while they were living at home. I would require them to set up a savings account for an emergency fund and a downpayment on a house. I might also require that they give me account access to it so that I could hold them accountable. I would also require them to put the maximum amount into their 401(k). They would
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Apr 27
Internet users of a certain age will remember that before Facebook and MySpace, there was Friendster, a site that introduced many to social networking for the first time.
But next month, the social-networking pioneer, which has declined since the rise of Facebook, will erase users’ photos, posts, blogs, comments, groups, and friend “testimonials” in effort to revamp itself as an entertainment-focused website, TechCrunch reports.
The move, to take place on May 31, may be the end of a long fall for Friendster. According to Web-traffic monitor Alexa, the site was ranked 1,009th in the world as of today, down from its all-time peak as the 40th most visited website globally.
Friendster will let users download their profile data through an application provided by the site. But f Read more…
Apr 25
You know things are bad when a prince is facing foreclosure…
Especially when it’s the “Prince.” We’re talking Purple Rain here folks.
Per the Star Tribune, the famous pop star’s 20 acre Chanhassen, Minnesota residence, located in the St. Paul/Minnea
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Apr 21
I have been meaning to post an update on the 7Twelve Portfolio but haven’t done so this year. H
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Apr 19
Looking to spread the blame for the massive Gulf of Mexico oil catastrophe, BP lashed out at its partners with billions in legal claims.
The lawsuits – against Halliburton, Transocean and others – came a year after the massive explosion on the Deepwater Horizon drilling rig that killed 11 people and caused the United States’ worst offshore oil spill a year ago this week.
More than 200 million gallons of oil flooded into the ocean from the underground well when the rig toppled over.
London-based BP accused Transocean, the rig’s owner, of negligence in a lawsuit filed on Wednesday, saying that every safety and oil-control measure failed.
It sued Cameron International, claiming Cameron’s fail-safe blowout preventer had a faulty design and failed to avert the disaster.
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Apr 17
Home is a property which one can own to himself; it’s a sense of ownership for somebody. It is evident from the data of national Association of Home Builders and National Bureau of Economic Research (NBER) that during the Second World War the demand for new homes was increased arbitrarily. In 1995 the slower growth rate was observed for superior houses because it was the time of unpretentious economic.
Economy and Size of homes
It is studied that from 1973 to 2008, there was significant reduction in per square feet of homes, because of unstable economy. Moreover, during this time period there are total six phases in which one can observe significant reduction is total size of the homes.
Luxury homes
These are luxurious homes and these are for ones who are rich and can afford these. T
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Apr 15
You may consider getting your mortgage refinanced when interest rates are lower. This is because the interest which a homeowner pays off on a mortgage is one of the largest expenses for them. It is sensible to search for ways by which you can reduce this expense. However, there are certain positive and negative aspects of refinancing a mortgage at the time when interest rates are lower.
Should You Consider Refinancing?
Lower interest rates can blow the refinancing in the market, but you should only consider whether refinancing would help you in your particular situation. The most important thing which you should take care of before refinancing is to evaluate how much money you will be saving with refinancing.
Loan Term
You should also take the term of your mortgage into consideration.
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