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Is College Debt the Next Bubble?

What might a 23-year-old recent college graduate, a 45-year-old entrepreneur, and a 60-year-old pre-retiree have in common financially? They may all be hobbled by student loan debt. According to financial aid expert Mark Kantrowitz, the student loan “debt clock” reached the $1 trillion milestone last year.1 And even as Americans have reduced their credit card …

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Famous People Who Failed to Properly Plan

It’s almost impossible to overstate the importance of estate planning, regardless of the size of your estate or the stage of life you’re in. A close second to the need to plan your estate is getting it done correctly, based on your individual circumstances. You might think that those who are rich and famous would …

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Economic Perspective – Aug 2013

The U.S. economy grew more than previously thought in the second quarter, according to the Bureau of Economic Analysis. The 2.5% annualized growth in gross domestic product is substantially higher than either the initial estimate of 1.7% or Q1’s 1.1% growth. An 8.6% increase in exports and imports that were lower than previously thought were …

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Market Commentary – Aug 2013

The Markets After July’s record closes for the S&P 500, the Dow industrials, and the Russell 2000, equities melted like ice cream in August. Renewed fears of Fed tapering, anxiety about the prospect of a U.S. military strike in the Middle East, typically low late-summer trading volumes, and the potential for an eventful September combined …

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Home Office Deduction Rules Get a Remodel

If you run a business out of your home, it’s important to understand the associated federal income tax deductions that you might be entitled to. That’s especially true this year, with new rules that make it easier than ever for some to claim a deduction. What’s a home office? A home office is generally a …

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