Be proactive before you make the switch to full time entrepreneurship. It’s a statement often dished out and applied to people who attempt to do something they’re not very good at, a statement made to discourage those who are seeking out an alternative career path: “don’t quit your day job”. In the entrepreneurial world, this [...]

Want To Be Your Own Boss? Steps To Take Before Going Solo

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The Obama administration said Friday that will expand its signature foreclosure-prevention program to try to help those with heavy debt loads avoid losing their homes.


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Obama expands foreclosure prevention program

by admin on January 27, 2012

The Obama administration is taking another swing at improving its main foreclosure prevention program.


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Many people think they can plan on spending less later in retirement since they’ll become less active as they age. But if their health declines, they may actually shift spending rather than reduce it. Do you think it’s risky to plan as if one’s expenses will go down later in retirement? –Tim, U.K.


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Lee County foreclosure cases piling up again

by admin on January 27, 2012

Even if the house next door looks close to foreclosure, it could still be some time before you get new neighbors.


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A Chesapeake woman has been sentenced to 4A1 2 years in prison after pleading guilty to operating a fraudulent scheme to rescue mortgage holders from foreclosure.


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2011 Record Low for New Home Sales

by admin on January 27, 2012

New home sales had their worst year on record in 2011, with the estimate of 302,000 single-family homes the lowest reported annual total since the Census Bureau started tracking the data in 1963.

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Read More at MortgageLoan.com


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A mountain of debt cloaked in years of forged spousal signatures and a pending foreclosure were the motive for a Pleasanton woman to burn down her home in a 2008 fire, according to arguments given by prosecutors before the Alameda County grand jury.


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Your Take: Hard Work or Connections?

by admin on January 27, 2012

The WSJ Wealth Report blog talked about a Pew Research Center study that attempted to find the origins of the conflict between rich and poor, which has been playing out in the headlines lately. While the main story talked about the impression of significant conflict between the rich and poor, the part that interested me was the same one that caught Robert Frank’s eye – did the rich get rich from hard work or their social network? That poll showed that 46% of respondents thought they were born with money or knew the right people, while 43% thought hard work, ambition or education was the root reason.

There obviously isn’t a definite answer, there will probably never be, but the question is an intriguing one. My belief is that both are necessary and the more you have of either, the higher your probability for finding success. Whether that success comes in the form of money or in the form of achievements, it’s hard to argue that you can be successful without hard work, ambition, education, or knowing the right people. Whether you’re rich depends on where you point yourself. You can be a successful philanthropist and not have a high net worth, you’d still be seen as very successful, you just chose a different path.

What do you think?

Your Take: Hard Work or Connections? from personal finance blog Bargaineering.com.


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Stocks Mixed In Earnings Tug-Of-War

by admin on January 27, 2012

U.S. stocks ended in the red Thursday as investors digested a mixed batch of corporate earnings results and remained cautious amid lackluster economic data and ongoing debt talks in Greece.


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