Do You Suffer From Financial Phobia?

Yes, you heard right: financial-phobia. Do you experience a quickening heart rate at the thought of managing your finances? Do you ever feel frozen or immobilized? Ever feel sick to the stomach? Dizzy? You are not alone. According to a 2003 study in the United Kingdom, about one in five suffer from a serious fear […]

The Interesting Process of a Real Estate Auction

Many people are familiar with the concept of a foreclosure auction. In most people’s minds, such an auction works like so: A property that has been seized by a bank due to delinquent payments is offered up for sale and sold to the highest bidder. While that can be part of the process in some cases, […]

157 Banks Taken Over by the FDIC in 2010

In 2010, 157 banks were closed/taken over by the Federal Deposit Insurance Corporation (FDIC). This surpassed 2009, in which a total of 140 bank failed. In fact, 2010 saw the highest number of bank failures since 1992. In 2008, the FDIC reported 25 bank failures, and there were 3 in 2007. In the five years prior […]

A Homeowner’s Guide to Homeowner’s Insurance

Homeowner’s insurance is probably one of the most important types of insurance you’ll ever buy. It’s right up there with life insurance in terms of essential financial protection. But to get the most out of your homeowner’s insurance, you need to know your plan’s coverage details. Like all types of insurance, homeowner’s insurance comes in […]

Six Great Ways To Introduce Kids to Stock Investing

There’s no better time to learn about investing than at an early age. The earlier the better! Although investing is not rocket science, a solid foundation can go a long way. It’s important to educate your children about the pros and cons of investing so that they can determine what role investing will play in […]

Scottrade Review – Low Cost Trades with Excellent Service

Scottrade has the reputation of being one of the best online discount brokers in the space today.  The purple and white continue to win JD Power and Associates awards for highest investor satisfaction and when compared against other online discount brokers, Scottrade seems to hold up pretty well. Scottrade’s Commission Structure Pricing is always an […]