Month: February 2011

By: Roshawn Watson Sometimes facing reality is no fun. Many people realize the implications of being indebted: their debt steals their income and often their lives. They work to make the bank more prosperous but are barely treading water themselves. In general, their money goes towards liabilities and expenses. Wealth-generation may be the goal but… Continue reading Labeling Debt To Make It More Palatable

By: Roshawn Watson As we gain ground financially, there will undoubtedly be temptations to give up or at least deviate from our chosen paths. Regardless of whether your goal is independence, comfort, or significant wealth, life happens. What keeps you on track financially when something disrupts your plan? Financial DistractionsThe unexpected car accident…the newly identified… Continue reading What Keeps You On Track Financially?

By: Roshawn Watson The term “American middle class” is universally familiar but devilishly elusive. Incidentally, recent research has illustrated just how controverted this issue really is. There are several hypotheses, theories, and confounding factors pertaining to defining the middle class, and a long history dating back to a aristocracy and nobility. Let’s explore the impossible… Continue reading The Impossible Question: Just Who Is The Middle Class?

By: Roshawn Watson Compound interest is a wonderful thing! With a relatively small amount of money invested, you generate sizable wealth provided that your rate of return is reasonable and your time-horizon for needing the money is sufficiently long. Indeed, Albert Einstein has been quoted saying “the most powerful force in the universe is compound… Continue reading How Would YOU Retire In 10 Years Round Up

By: Roshawn Watson Even more foreclosures are expected to occur in 2011 than 2010, according to Realty Trac. Interestingly, there’s a new crop of homeowners that are defaulting on their mortgages, and it is not who you would initially expect. Homes without million dollar mortgages default at a rate of 1 in 12 whereas homes… Continue reading Surprising Trend In Mortgage Defaults