9 Myths About Being Single – Women
9 Myths About Being Single
Susan Dunn, MA
More than 48% of US households are headed by unmarried individuals. The American Association for Single People projects that by 2010, 47.2% of adults will be unmarried. Being single does not mean being alone, nor does being in a couple for the holidays ensure happiness. Let
The Single Most Important Thing you Must Know if you Own a Home – Mortgage
The Single Most Important Thing you Must Know if you Own a Home
Jeff Blovits
Dont ever, ever lose your job!
Thats right, its not your credit score or your assets or your equity or even Location, Location, Location that matter the most, it is whether or not you have an income stream capable of supporting your mortgage. Most people think of their home as the safest of investments that they have. It can be but only if you manage it correctly. If you have equity in your home, you are subject to the risk of loss of that equity at any time you can no longer afford to make your payments.
It doesnt matter how many years you have paid perfectly, if you for some reason cant, the bank will not let you slide for a few months to be nice. As a matter of fact, the more equity you have the more attractive it is to them to foreclose on you. That to me is the exact opposite of a safe investment!
I counsel my clients to understand that the most important thing they want to maintain is liquidity. They want to have the access to enough cash or near cash reserves that they are in charge or their financial choices.
This may not seem like a revolutionary idea but I would argue it is something that a great many people do very poorly. My clients are above average as far as wealth in their socio-economic groups. They tend to have more wealth per average income or job position than their peers. And most if not all of them have less than 5% equity in their homes!
There are many factors that contribute to wealth and putting your home equity to work isnt the magic criterion that assures you will be wealthy. But consider why these people are positioned this way and maybe the connection will become clear. In addition to liquidity, other benefits include increased safety, rate of return, tax savings, elimination of non preferred debt and establishing an emergency side or reserve fund.
How does all of this relate to income Consider that if you lose your income you lose the ability to get access to the equity in your home. And guess when most people need access to that money the most You guessed it, when something unexpectedly affects their income stream, like a job loss. Lenders will make loans to someone with bad credit, with no assets or reserves and with limited time in a certain field of work but if you dont have the ability to pay them back when you lose your job, they generally dont want to lend you money!
I would be willing to wager that most of you have either been affected by corporate restructuring or know someone who has. There are also a substantial number of people who lose jobs either because they or someone in their family becomes ill or are injured. In those situations would you be better off with $50,000 in an emergency fund to help you get back on your feet, pay doctor or home care bills, and allow you a cushion to find a good job instead of the first one you could find or have $50,000 in equity in your house that you couldnt access
Now to finish up on the wealth equation as it relates to home equity. One thing that most people dont understand is their home equity is earning them a 0% rate of return. There are 2 components to your home value: what it cost to purchase it basis and appreciation. In 5 years your house will be worth the same whether you have a mortgage or dont. Any money you choose to put into the house is simply a return of your investment.
If you are willing to rethink the wealth equation and put your home to work for you it can be a great source for turbo charging your wealth. If you coordinate that with an integrated financial plan involving your planner, accountant and insurance agent then the results can truly be outstanding!
Jeff Blovits
Prospera Mortgage Group
Westerville, OH
www.columbusmortgageloans.com
p. 614.898.5656
About The Author
Jeff Blovits is the owner of the Westerville based Prospera Mortgage Group, a mortgage franchise location of the publically traded ssb out of Texas. Jeff has been in the financial services industry for 12 years as bank manager, underwriter, and mortgage lender. His innovative mortgage planning concepts are paving the way for countless clients to improve their financial lives.
Jeff@Columbusmortgageloans.com
Where To Find 10 Fly Fishing Tips In A Single Paragraph – Recreation
Where To Find 10 Fly Fishing Tips In A Single Paragraph
Donald Berthiaume
When looking for information on how to fly fish, fly fishing tips or fly fishing techniques, many anglers, or anglers to be,who limit their search to books or material written ithin the last few years or decades are short-changing themselves.
Fact is, many anglers continue to miss out on great fly fishing information by not reaching back into the rich history of the sport and seeking the advice and wisdom of true fly fishing pioneers.
Now when I say pioneers, Im talking about the guys who didnthave anyone to learn from - the groundbreakers.
Remember that when dry-fly fishing first made its appearance here in America from England it came without instructions.
Thats when anglers such as Emlyn Gill, George La Branche, Theodore Gordon and Samuel Camp, just to name a few, came up with their own set of instructions for dry-fly fishing.
Yes, they were the true pioneers - and they wrote the first books about the artistry and craftsmanship of what it took to successfully fly fish in these American waters.
For some strange reason, the last few generations of anglers have not been exposed to this classic fly fishing information that helped shape American dry-fly fishing.
True, there are many fine fly fishing books being published today. But, for some reason, its the story-telling aspects, only found in the older classics, that can get your blood racing and beckons you to the nearest stream or river.
Its these older classics that represent the very heart and soul of fly fishing; its mystery, its allure.
Youve felt it, havent you
Fly fishing classics every angler should have as part of their library include a wide array of books written by fly fishers for fly fishers and span anywhere between the early to mid 1900s.
Here is a glimpse of the quality and quantity of fly fishing instructions you can find in any one of these classics. Feel how smooth and flowing they are when being told as a story, as opposed to some stuffy, boring tutorial or manual.
Within these two excerpts taken from George LaBranches, Dry Fly and Fast Water there are no less than 20 fishing tips; at least 10 in each paragraph!
See if you can you spot them.
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Exercising patience, he may walk slowly and quietly into the water at the tail of the stretch and as closely as possible to the bank the fish are under. Having attained the desired position, he should remain there long enough to allow all commotion made by his entry to cease, during which time no motion of the rod should be made, because the sight of any moving object will send the now alert trout scurrying, while the ripples will make him uneasy for a short time only. The horizontal cast should be used if possible. The fly should be floated down about a foot from the bank, and it should not be retrieved until it has traveled more than half the distance between the angler and the spot where it alighted....
When satisfied that no trout are within the section covered by the fly, the angler should lengthen his line and fish the fly a few feet above-always permitting the fly to travel over the water already fished. He should continue this until the maximum line that can be handled neatly without moving from the original position is being cast. When the line becomes unwieldy in this method and position it is courting failure to attempt anything over thirty-five to forty feet, even if one is expert an advance may be made a few yards up-stream as closely to the bank as the depth of the water and free casting space will permit. As it is quite possible-and likely, too-that a trout has been under the fly all the while, but was not interested in it, the anglers advance will drive him ahead, and indications of this should be sharply looked for. The discovery of the fish will save much valuable time, for in that case the immediate stretch may be abandoned, because any fish above the one seen will have certainly taken alarm at the actions of his ! fellow and will have lost all desire to feed for some time.
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How did you do And, thats just within 2 paragraphs! Imagine the number of tips youll find throughout an entire book!
Reading the early American fly fishing classics is a must for all anglers who are passionate about learning as much as they can about the worlds oldest outdoor sport.
Remember, it is from these now classic books that America learned how to fly fish using the dry-fly. Surely, these books havent lost the capacity to continue to teach more generations the art and craft of fly fishing.
About The Author
Donald Berthiaume is the publisher of "Long Lost Fly Fishing Secrets", a new series of American classic fly fishing books that have been republished as eBooks. http://www.LongLostFlyFishingSecrets.com
To view a sampling of the content of older, classic books on fly fishing, visit the "Long Lost Fly Fishing Secrets Vault" http://www.Information-On-Fishing.com
don@informationonfishing.com