This is a guest post from Dylan Ross, a certified financial planner and a long-time GRS reader. If you’re new to investing, recognize the merits of using low-cost index funds, but you’re not sure how to allocate your long-term savings among various types of index funds, this information is for you. Asset allocation basics While there are many ...

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A Big Push for Little Results Last year, the federal government pushed lenders very hard to rework deals for thousands of mortgage holders. The sudden fall in home prices pushed the entire market to near complete collapse. The feds wanted to do something for the individual homeowner and developed the loan modification program. Under this program, ...

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Recession Harsh for This Community When the recession hit, it brought along inflation, rising unemployment and an increase in home loan defaults, which was naturally expected by the economic “gurus”. The recession did not specify that it would target any specific community, but African Americans living in Milwaukee found themselves bearing the brunt of the rising ...

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A Welcome Step Everyone, including President Obama, has been cautious in their movements when major banks announced last week that they were returning over $50 billion in loans that they had received as bailouts from the government. The taxpayers’ money was used as a loan from the government to bail out the banks on the promise ...

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Interest Payments Grow As Our Minds Become Anchored "Your eyes feel so very heavy. You will pay only the minimum balance on your credit card…" We all know by now that making only the minimum payment on your credit card balance each month is a recipe for long-term debt. If that sounds appealing to you, then by ...

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