by Mark Ballasch | Dec 15, 2019 | All Categories, Understanding Banks
Banks are in the business of exchanging money for interest. It is interesting to know that the bank’s money can be used either to OUR benefit OR to the benefit of the bank. Yes, you guessed it; we want to use the bank’s money to our benefit, not theirs....
by Mark Ballasch | Dec 14, 2019 | All Categories, Investsments, QRP - Qualified Retirement Plans
There are many types of retirement accounts available. The most common one is listed below: Solo 401(K), 401K offered by an employee. Health savings accounts 403(B)Â -Â offered by an employee. Simple IRA SEP IRA Traditional IRA Roth IRA 401(k) or 403(b)...
by Mark Ballasch | Dec 14, 2019 | All Categories, Credit
It is important, perhaps more than ever today to properly protect your identity. Identity theft is on the rise and is a multi-billion dollars business. Many people get hurt badly every year. We have collected several tips that will help you minimize your risk of being...
by Mark Ballasch | Dec 14, 2019 | All Categories, Business, Investsments
by Mark Ballasch | Dec 14, 2019 | All Categories, Financial Literacy
Properly calculating ROI – (Return on Investment). People often asked, how are the proceeds calculated and distributed to investors. Let’s review hypothetical scenario of an investment below. Example: Let’s say you have one...
by Mark Ballasch | Dec 14, 2019 | All Categories, Financial Literacy, Taxes
Our current laws allow us to become wealthy legally, ethically and morally if it is used properly and to our advantage! Tax-deferred program is extremely powerful allowing us to get the use of Uncle’s Sam’s money “Interest-free”! You...
