Q: Can you please help me. I am 32 years old and earn $63,000 a year and invest 8 percent of my salary into my company’s 401(k) plan. I have $90,000 in cash in the bank. I also have a $45,000 certificate of deposit earning 4.5 percent that matures in 2 years. I have a [...]
Q: I previously wrote to you and asked about investing in real estate. Since that time, I've moved from thinking about buying a single family house or two to actually purchasing and rehabbing about 45 units located in about 15 buildings. We chose multi-family as our desired real estate investing platform and are now unloading [...]
Q: I was recently divorced and bought a home. However, I have a rental property in an area which is quite depressed and where crime has increased. Homes in that area are now selling for about $15,000 and there are few renters moving in. I need to sell the rental property as it has now [...]
Last Friday, as we headed off to Labor Day picnics and other end of summer gatherings, it was ironic to consider the latest employment figures. On a holiday weekend devoted to the American worker, the Bureau of Labor Statistics under the U.S. Department of Labor announced zero job growth during the month of August 2011. [...]
Stock Markets in Europe, Asia Fall on U.S. Unemployment Report with Ilyce Glink on the Clark Howard Show July 7, 2011: It's clear the that unemployment crisis in the U.S. is having an impact on the rest of the world. The failure to create any jobs in August 2011 sent markets reeling across the globe. [...]
Here are the stories we talked about on the Clark Howard Show Labor Day, 2011 Stock markets in Europe and Asia fall on U.S. Unemployment Report. As we discussed yesterday on my radio show, the absolutely abysmal jobs report for August has shaken world economic markets. Stock markets around the world reflect a new pessimism [...]
Unemployment Numbers Grow on the Ilyce Glink Show September 4, 2011: Just as it with the housing market, so goes it with the nation's job creation: everytime we think we've hit the bottom, there's a new well. Knowing how many families are struggling, it is beyond sad to watch unemployment numbers grow. Just how bad [...]
The unemployment numbers grew worse this week. Hard to even imagine how bad it really is. Yuck. Let's take a look at the numbers: On a net basis, no new jobs were created in August. That means the same number of people lost jobs as those who found them. Worse, the official number of jobs [...]
Q: Who sells earthquake insurance? I have insurance through a national insurance carrier but they no longer carry it as an extra option. Can you get earthquake insurance from a central location and still keep my current insurance carrier? A: Insurance carriers seem to have changed what coverages they have offered homeowners since the early [...]
Q: I'm in the process of getting my primary house ready to sell in order to downsize. Its value is around $400,000. I owe about $150,000 on it and have no other debts. I won't be finished with prepping my house for sale until next summer. I found a house in South Carolina that is [...]
