Tax

The Cost of Toxic Employees

It’s important that employees feel safe within their environment. After all, the workplace is where they spend a good majority of their time, and everyone deserves to feel respected and secure. However, as  Company owners, we often come face-to-face with toxic employees who impact company culture in a very negative way. Believe it or not, […]

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Merrill on September Employment

A few excerpt from a Merrill Lynch research report: We expect next Friday’s Bureau of Labor Statistics (BLS) employment situation report to show that nonfarm payrolls grew by 145k in September following an increase of 130k in August. … For private payrolls which exclude government workers, we look for an increase of 125k … Since […]

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Kansas City Fed: “Tenth District Manufacturing Edged Down in September”

From the Kansas City Fed: Tenth District Manufacturing Edged Down in September The Federal Reserve Bank of Kansas City released the September Manufacturing Survey today. According to Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City, the survey revealed that Tenth District manufacturing activity edged down in September, and expectations […]

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NAR: “Pending Home Sales Grow 1.6% in August”

From the NAR: Pending Home Sales Grow 1.6% in August Pending home sales increased in August, a welcome rebound after a prior month of declines, according to the National Association of Realtors®. Each of the four major regions reported both month-over-month growth and year-over-year gains in contract activity. The Pending Home Sales Index (PHSI), a […]

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Q2 GDP Third Estimate: 2.0% Annual Rate

From the BEA: Gross Domestic Product, Second Quarter 2019 (Second Estimate); Corporate Profits, Second Quarter 2019 (Preliminary Estimate) Real gross domestic product (GDP) increased at an annual rate of 2.0 percent in the second quarter of 2019, according to the “third” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP […]

Real Estate

Together, Homebuyers Who Bought at the Bottom of the Market in 2012 Have Earned $203 Billion in Equity

People who bought a home the year prices bottomed out have earned a median $141,000 or 261% in home equity. Homeowners in Tacoma, Washington and Virginia Beach saw the biggest percent increases in home equity since 2012. People who purchased homes in 2012, the year prices reached their lowest point following the Great Recession, have […]

Real Estate

Homeowners Are Happy! Renters? Not So Much.

When people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show that the non-financial benefits might be even more valuable. In a recent survey, Bank of America asked homeowners: “Does owning a home make you happier than renting?” 93% […]

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What if?

The latest opinion polls mapped by Flavible.com have these results: The ComRes poll, which shows the two leading parties equal (which may, of course, be as much of an outlier as the Opinium one giving the Tories a 15% lead) would result in this electoral map: My instinct says that is plausible. What then? What […]

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The toxic stain of Johnson

I am revolted by Boris Johnson. I was disgusted. But that’s too good a term now. Revulsion will do. I stress that this is not party political. To be honest, you could say it’s not political at all. The sentiment is based on the fact that he fails every test of decency, integrity and empathy […]

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3 ideas to help you achieve the income you need

Nobody likes the unknown, including when it comes to the future value of your money. Retirement planning used to be simple – invest in a portfolio [of bonds?] that comfortably paid a steady stream of income for life while keeping the bulk of your investments (the principle) for the next generation. My father-in-law regularly reminds […]