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Is Homeowners Insurance Tax Deductible

This is a question that is coming up frequently these days, due to the new deductions regarding Private Mortgage Insurance (PMI). The quick answer is NO, your homeowners insurance is usually not deductible. Be careful not to make that mistake when filling out your taxes this year. Be sure to take the PMI [...]

How to get out of a car lease

Ok. You now realize you shouldn’t have done that car lease. What can you do about it?

Well, there are a number of things. First of all, you need to identify what changed. Why do you want out? Did you come to your senses and realize that a car lease (or Fleece as [...]

Should I Invest in Gold or Mutual Funds

In 1990, the price of gold was $423.80 an ounce.  I got that price from the usual benchmark for the price of gold, which is known as the London Fixing.  This is where the price of gold is established; and it is done twice a day by five representatives from bullion trading firms.  The price [...]