The 10 Most Expensive Cars in the World

Can you imagine antique sports cars that can sell in sums measured in millions of dollars? The most expensive  sports car sale was in 1987 for $8.7 million. In today’s dollars, that’s closer to a whopping $16.21 million.! We’ll leave those one-of-a-kind gems aside for this article, and focus on the most expensive cars still […]

Do You Have Alien Abduction Insurance?

We’ve all heard of bizarre insurance policies. Jennifer Lopez insured her bottom; Heidi Klum insured her legs, and Bruce Springsteen took out a policy on his voice. (In their defense, each of those insured items is arguably an irreplaceable business asset.) Wealthy individuals are known to take out kidnapping insurance policies. If the family is […]

What is Tax Form 1040 Schedule M?

You probably haven’t been able to pick up a newspaper or magazine in the past year, or so much as flick past a news program on television or radio, without reading or hearing the word “stimulus.” What you may not have heard about is a stimulus-provided tax credit that you may qualify for. That credit […]

Understanding the Value of a Good P/E Ratio

On August 1 of this year I invested $25,000 in Ford (ticker: F) based largely on its low P/E Ratio (price to earnings ratio). In three months, the stock price has risen about 25%, bringing the value of my investment to more than $30,000. Of course, short term gains or losses are not the true […]

Where To Donate Your Time This Holiday Season

Before we know it, we’ll all be in a mad scramble to finish our last-minute gift shopping and wrap all our presents. There’s no doubt that this time of the year is filled with excitement and cheer. Giving gifts and making loved ones happy is wonderful! However, it’s also important to remember there are many […]

Why Do Different Credit Bureaus Have Different Credit Scores?

As if understanding the complex scoring model that generates our credit scores isn’t difficult enough, we then have to understand why, depending on the credit reporting agency, our credit score is different. As we discussed in a previous article, the three major credit reporting agencies, Equifax, Experian and TransUnion have different names for their credit […]