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5 Economic Assumptions We (still) Make That Won’t Always Be True

Prairie Eco-Thrifter

Real Estate Will Always Have Value. Ahem… , we all saw real estate fall in 2008, 2009 and 2010 – but do you believe that it is now on the rebound? Some believe that we are in for an even bigger real estate bust in the 2014 – 2016 years. Would we still have had the economic failure?

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Stock Market Sectors: 11 Official GICS Groups

Savings Corner

Image source: The Motley Fool Investing in stock sectors At a glance, the 11 GICS stock market sectors are: Energy Materials Industrials Utilities Healthcare Financials Consumer Discretionary Consumer Staples Information Technology Communication Services Real Estate 1. Real estate 11. 0.3% ) ( BRK.B Consumer staples 8.

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Buying A House In 2023: A Step-By-Step Guide

Savings Corner

This year may go down in real estate history as the year of correction. Whatever the economic state of the real estate market, buying a house can be an exciting and emotional process. Get started: Contact several local real estate agents and talk with them about your needs before choosing one.

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Friday Links – Fridays Are Just Another Day

Prairie Eco-Thrifter

Sean at One Smart Dollar lists his reasons why it’s smart for young professionals to invest in real estate. 5 Pieces of Advice to Tell Your Child About Money- Part 5 10 Easy Ways to Save Money 5 Pieces of Advice to Tell Your Child About Money- Part 1 Providing for Your Child’s Future The Economics of Selecting Vacation Days.

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Bond Laddering for Retirement

Prairie Eco-Thrifter

Some retirees have real estate, stocks, mutual funds and the like but if you are really looking for specific cash flows, you might want to take a look at bond allocation in your portfolio. Bond laddering is a way to invest in bonds for the purpose of creating a cash flow stream that will match the cash outflow you expect in retirement.

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How to Save Money by Downsizing

Prairie Eco-Thrifter

More and more people are opting for smaller, more economical cars to reduce running costs as well greenhouse gas emissions. Real estate taxes are calculated on the size of the house so a smaller house will attract a lower tax rate. Maintenance costs will be lower as will your insurance premiums.

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The Best And Worst States To Retire In 2023, Ranked

Savings Corner

according to the Council for Community and Economic Research , which is an advantage for retirees on a fixed income. One perk of relocating to an area where the real estate market is more affordable and less competitive, is taking advantage of the equity built up in the home that’s left behind and paying cash for a new home, Hannon says. “If

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