Organize, Part 3, Minnesota Health Care Directive
Feb 06Health Care Directive is a Living Will and Health Care Agent Next on my list after knocking down the Will was to appoint people for my care in the event I am incapacitated and not able to make health care decisions for myself. I read articles online and found some comments that I thought reflected my opinion of how I would like to be treated…
CONTINUE READING >Impact of Lower Savings Rates on Investors
Feb 04An article from late 2012 is still relevant today, the Federal Reserve actions on interest rates while stirring economic activity has hurt those saving for retirement. As many of us know the Fed reduced interest rates to banks who in turn lent money to corporations and other borrowers at very low rates to stimulate manufacturing and the sale of goods and services. These lower interest…
CONTINUE READING >Banks Want Higher Interest Rates
Feb 04This Bloomberg Business Week article describes why banks want higher interest rates in 2014. By lowering its target interest rate to almost zero in 2008, the Federal Reserve allowed the banks to pay much less for the money they borrow to lend… Banks were able to borrower from the Fed at an interest rate of .25% and turn around and lend in my world of commercial real…
CONTINUE READING >Organize, Part 2, Final Will and Testament
Feb 04Steps I’m taking to get organized….part 2. The first place to start with organizing our life and documents was to get caught up with a Final Will and Testament. We had one when the kids were first born but had not updated since then. Things have changed in the last 30 years! Wills dispose of property owned at death, designates executors, trustees and guardians. These…
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