www.earnpilipino.com

Outlook for Canadian Stocks in 2010 How well will the Canadian stock market do in 2010? If the U.S. sneezes again, will Canada catch another cold? If there is any fallout or a double-dip U.S. recession owing to defaults on payment-option ARM mortgages, will it send global markets into another fiscal tailspin as we saw in......
Selling In May Was A Good Idea, Sell Again In September Back in the beginning of May, I talked about an investment phenomenon that showed selling your stock holdings in May and then buying them back in November yielded better returns than just holding them through those months. Part of the reason is due to investors selling to go on vacation.......

Posted in Education, Investing, economy | No Comments »

Mortgage Forgiveness For Underwater Homeowners: Will Obama Forgive Billions Of Dollars In Mortgage Principal?

5873

August 9th, 2010 By: Richard

Category:

I was reading up on what’s new in the mortgage markets and the economy over the weekend, and one piece of reporting caught my eye because it seemed like it couldn’t possibly be true. It was talking about how the Obama administration is considering making a move later this month where Fannie Mae and Freddie Mac would be told to forgive a portion of the mortgage debt of millions of underwater homeowners. From Reuters: Read more... (1415 words, 11 images, estimated 5:40 mins reading time)

This is a preview of Mortgage Forgiveness For Underwater Homeowners: Will Obama Forgive Billions Of Dollars In Mortgage Principal?. Read the full post (1415 words, 11 images, estimated 5:40 mins reading time)

One in Six Underwater Homeowners Can't Refinance at Historically Low Mortgage Rates Seems Mr. Bernanke and The Federal Reserve are hellbent on lowering mortgage lending rates after lowering short term rates to zero this week. Problem is, 1 in 6 homeowners are underwater (owing more than the home is worth) on their mortgage, and will not have a chance to refinance to......
Should We Get Rid Of Fannie Mae and Freddie Mac? That’s what the Mortgage Banker’s Association (MBA) said earlier this week. The MBA is a trade-group for companies involved in the home-financing industry. With over 3,000 member companies employing 350,000 professionals, it’s no surprise they carry some clout in Washington. Their proposal suggests that instead of two government sponsored entities......

Posted in Real Estate, economy, mortgage | No Comments »

New 1099 Reporting Requirements In Obama Health Care Plan: A Small Business Paperwork Nightmare?

5866

August 5th, 2010 By: Richard

Category:

When The Obama Health Care law passed this year few people actually knew what was fully contained within the bill’s thousands of pages. Only now after the law has been passed are we finding out the details about some of the provisions within the law that could affect us. A lot of people aren’t happy about what they’re finding.

One of the provisions that has been almost universally spurned by Republicans and Democrats alike is a new requirement that could affect nearly 38 million businesses, including many entrepreneurs and freelancers like myself. The requirement? They must all file tax forms for every vendor that sells them more than $600 in goods. Read more... (958 words, 11 images, estimated 3:50 mins reading time)

This is a preview of New 1099 Reporting Requirements In Obama Health Care Plan: A Small Business Paperwork Nightmare?. Read the full post (958 words, 11 images, estimated 3:50 mins reading time)

Wilson Impact Tennis Racket (4 1/2, Colors May Vary) User Reviews Send this to a friend Wilson Impact Tennis Racket (4 1/2, Colors May Vary) Manufacturer: Wilson Customer Rating: List Price: $24.99 Sale Price: $32.40 Availibility: Usually ships in 1-2 business days Buy Now Product Description WILSON Impact 4 1/2 " Grip Racket, Volcanic Frame Technology for power......
Fair Tax: The Pros and Cons First of all let's be clear, with a name like "fair tax" it's difficult to argue against it. "Fair tax" is a term like "Change we can believe in." What does it really mean? Nothing. Instead think of the Fair Tax as a tax on consumerism (Consumer Tax). It is......

Posted in Taxes, economy, health care | No Comments »

The Bush Tax Cuts Are Expiring. Will The 2011 Tax Hikes Bring On A Double Dip Recession?

4896

June 17th, 2010 By: Richard

Category:

At the end of the 2010 there will be a tax increase for all taxpayers, if something isn’t done. Back in 2001 the Bush administration helped to get an across the board tax cut passed that effectively lowered the marginal tax rates for all people paying taxes. (If you didn’t pay taxes, it doesn’t matter too much does it?). Now those cuts are expiring and on January 1st, 2011 the new marginal tax rates will go into effect unless extended by legislation. Read more... (1032 words, 11 images, estimated 4:08 mins reading time)

This is a preview of The Bush Tax Cuts Are Expiring. Will The 2011 Tax Hikes Bring On A Double Dip Recession?. Read the full post (1032 words, 11 images, estimated 4:08 mins reading time)

Pillar Point Harbor Pillar Point Harbor is Located in: Half Moon Bay, CA Phone: 650.726.5727 Website: http://www.smharbor.com/pillarpoint/ Slips: 369 About the Marina: You can't ask for a safer marina to stay in. Pillar Point is home to the search and rescue operations for the whole bay area. Over the years, they've managed to......
10 Economic Predictions for 2010 Before I begin, please do be aware I am not a financial or economic expert by any stretch of the imagination. Therefore please take in the content of this post with a critical degree of skepticism. From where I am sitting, this is what I forecast for our immediate......

Posted in Taxes, economy, news | No Comments »

Will There Be An Extension Of The June 30th Closing Deadline For The First Time Homebuyer Tax Credit?

4870

June 16th, 2010 By: Richard

Category:

Over the last year or so we’ve had a lot of talk on this site about the homebuyer tax credit. It helped to spur activity in the real estate markets, bringing more first time homebuyers into the market than we’ve seen for a long time. It also brought in a lot of current homeowners when the credit was extended to include people who already own a home. We watched last month as there was a flurry of activity as the deadline loomed for people to put in a purchase agreement for a house in order to beat the clock. My brother was one of those people who made their home purchase on the last day possible! Read more... (1164 words, 11 images, estimated 4:39 mins reading time)

This is a preview of Will There Be An Extension Of The June 30th Closing Deadline For The First Time Homebuyer Tax Credit?. Read the full post (1164 words, 11 images, estimated 4:39 mins reading time)

The REAL Facts behind the Census 2010 [/caption] By Mark Lasswell From Reader's Digest Every ten years, the U.S. government essentially takes attendance, using results to distribute seats in the House of Representatives and $400 billion in federal aid. Will this year’s census make some people angry? We can count on it. Flash Points Winners, losers: The......
Las Positas Golf Course Las Positas Golf Course is located in: Livermore, CA Phone: (925) 455-7820 Website: http://www.laspositasgolfcourse.com Course History: Las Positas was designed by Robert Muir Graves and first opened in 1966. It features two walk-able courses, including one 18 hole course and one 9 hole course. The area is extremely scenic and......

Posted in Real Estate, Tax Credit, Taxes, economy, mortgage, rebate | No Comments »

When Will I Get My $250 Medicare Part D Donut Hole Check?

4703

June 9th, 2010 By: Richard

Category:

Earlier this week President Obama spoke with seniors at a town hall meeting in regards to the Medicare Part D prescription benefit, and talked about how many of those seniors would be receiving a $250 check in the mail as a result of the health care reform passed earlier this year. Today I thought I would explain a bit more about that rebate check being sent out, who will get it, and when they can expect it.

What is the Medicare Doughnut Hole?

One thing that may not have been explained adequately is – just what exactly is the Medicare doughnut hole? Read more... (880 words, 11 images, estimated 3:31 mins reading time)

This is a preview of When Will I Get My $250 Medicare Part D Donut Hole Check?. Read the full post (880 words, 11 images, estimated 3:31 mins reading time)

Tax Prep Tips for the Procrastinator This post is for the millions of Americans who wait until the final days to prepare and file their federal income tax returns. I am one of them, although strategically so. I haven't received a refund in years, so I run a preliminary income tax obligation assessment in the beginning......
Golf industry experts optimistic that Tiger Woods's absence will have limited economic impact [/caption] By Rick Lipsey, Writer-Reporter, Sports Illustrated (Golf Plus) There have been a lot of gloomy predictions about the impact the Tiger Woods scandal, and his self-imposed hiatus, might have on America's annual $75 billion golf economy. Many industry experts say that fears are overblown, however, and they are optimistic......

Posted in Rebates, economy, health care, rebate | No Comments »

Obama Administration Urges Congress To Pass Another $200 Billion Stimulus Package

4464

May 28th, 2010 By: Richard

Category:

As the effects of the $787 billion stimulus package of last year begin to wear off, the Obama administration is now looking at the option of passing yet another “limited” stimulus package to help dig the economy “out of a deep valley”. Without it they fear that the slow gains our economy has made this year could be lost. The Financial Times explains:

The Obama administration made a strong plea to Congress on Monday to grit its teeth and pass a new set of spending measures – dubbed the “second stimulus” by some economists – in order to help dig the economy “out of a deep valley”. Read more... (656 words, 11 images, estimated 2:37 mins reading time)

This is a preview of Obama Administration Urges Congress To Pass Another $200 Billion Stimulus Package. Read the full post (656 words, 11 images, estimated 2:37 mins reading time)

Obama Calling For A Second Stimulus Income Tax Rebate Check. And the dumb idea keeps getting dumber...another stimulus package coming soon? Seems Barack Obama has had too much of GW Bush's Kool-Aid Barack Obama, the US Democratic presidential candidate, has called for a second economic stimulus package worth $30 billion to boost the ailing US economy. The Illinois senator, speaking......
What's In The Economic Stimulus Package For You Other Than Cash? I get at least a few emails a week asking for more details about the economic stimulus package, so I figured I would go looking for a couple more examples of how it will be affecting you. I already wrote about the cash and paycheck aspects of the stimulus, but......

Posted in Commentary, Stimulus Package, economy, news | No Comments »

Democrats Hope To Pass A Second U.S. Stimulus Bill By Early 2010

192

December 3rd, 2009 By: Richard

Category:

Fresh off of a $787 billion stimulus package passed in February of 2009, congressional Democrats are now beginning to talk about passing a second, more modest stimulus package sometime within the next few months – aimed at easing the unemployment crisis. From Reuters:

Congressional Democrats’ push for another U.S. stimulus package got a boost on Tuesday from an analysis that found their earlier effort had blunted the impact of the worst economic downturn in 80 years. Read more... (790 words, 11 images, estimated 3:10 mins reading time)

This is a preview of Democrats Hope To Pass A Second U.S. Stimulus Bill By Early 2010. Read the full post (790 words, 11 images, estimated 3:10 mins reading time)