Financial Acts & Bills

Here We Go Again! Mixed Messages from Congress.

Just when you think that congress is trying to do justice by the American people some congressional idiot for some unknown underlying reason wants to stick it to you and me once again.

This time Senator Max Baucus, D-Montana has

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If You Have Children or Grandchildren You Need to Read This

It seems that someone in Washington, D. C. has finally woken up.  For years everyone has been talking about how under educated all Americans are when it comes to their basic financial knowledge.  Well, finally someone is trying to do

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Financial Reform Bill passes the Senate. Now What?

The massive new financial reform bill passed by the Senate will have a direct and decisive affect on most Americans.  Now the House of Representatives and the Senate need to get together to put all the pieces and parts of

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Is the new credit card law a joke?

This post is rather personal to me because it just happened to me.  You, if I were to guess, are probably experiencing the same or similar things.  It seems the government just passed, in February of 2010, the new credit

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Credit Card Relief???

Here’s the moment we have all be waiting for. Drum roll please…H.R. 627.  The new credit card law, called the “Credit Card Accountability Responsibility and Disclosure Act of 2009” or the “Credit Card Act of 2009”, is taking affect on

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Richard Sowa

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Rich: Wiz, Thanks for the question.S ome people should own a home. Some people shouldn't. The FINANCIAL ANSWER OF THE WEEK is just giving [...]

wizard: Great post on mortgages. I wonder though, is it still true when you consider that in 20-30 years, your pmt will be $0 and your [...]

Rich: Warren, Thanks for your question. An ETF or Exchange Traded Fund is similar to a mutual fund except it is bought and sold like a [...]

Warren: A friend of mine suggested I put my money into an ETF. Could you explain to me what an ETF is?

wizard: Wow, what a great site!

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