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Financial Wisdom

Money quotes offering wisdom: “Exiting the market after a decline – and thus failing to participate in a cyclical rebound – is truly the cardinal sin in investing.” Howard Marks “Time in the market beats timing the market.” People first, then money, then things. – Suze Orman “Annual income twenty pounds, annual expenditure nineteen and…

Paying for home improvements

 During the pandemic lots of home improvement projects were undertaken and with summer coming up lots more are on the drawing board. What the best way to pay for major home projects? savings? credit cards? home equity? sell appreciated investments? cash? Robyn Friedman, writing for The Wall Street Journal (4/23/21) offer suggestions.  Cash: if you…

Evaluating College Aid Offers and Asking for More Financial Aid

 We live in an upside down world due to Coronavirus. Many families have experienced major disruptions to their financial circumstances. Ann Carrns, financial and college expert writing for The New York Times reports on last minute strategies to try to garner more financial aid if you family has suffered a major income loss. Keep in…