Virgin Money USA Takes Wing

Look, up in the air, it’s a bird, it’s a plane, no it’s Richard Branson, piloting his new start-up, Virgin Money USA. In his new venture, daredevil adventurer, businessman, and philanthropist Branson has taken the plunge into the U.S. real estate market. For anyone who has followed Branson’s storied career, it should come as no […]

Tax Breaks from Second Homes

If you own or are buying a second home, you should be aware that, as written, current tax laws encourage second home ownership by allowing deductions for mortgage interest, property taxes and other expenses on vacation homes. The Washington Post offers a detailed look at how buying and owning second homes can result in tax […]

Many Boomers House Rich Savings Poor

A recent Harris Interactive Poll conducted by Harris Interactive for financial services provider Principal Finance Group indicates that many retired or soon-to-retire baby boomers are experiencing unease about their long-term financial situation. Among those still working, the survey found some of these fears include whether they will be able to maintain the quality of life, […]

Book Review: The 4-Hour Workweek

I have to admit that when I first learned of The 4-Hour Workweek, I was very skeptical. Working only four hours a week? It must take a lot of money to get started, or you must have to have tons of experience. So, for awhile I didn’t bother to read the book (written by Timothy […]

Many Boomers House, Rich Savings Poor

A recent Harris Interactive Poll conducted for financial services provider Principal Finance Group, indicates that many retired or soon-to-retire baby boomers are experiencing unease about their long-term financial situation. Among those still working, the survey found some of these fears include whether they will be able to maintain the quality of life, ability to afford […]

Second Home Mortgages

The U.S. mortgage market is going though a period of dislocation related to the increasing level of loan defaults, particularly on so-called sub-prime loans. While it started in the sub-prime market, the difficulties there have begun to bleed over into the regular mortgage market. As a result, formerly solid lenders, such as Countrywide (the nation’s […]