Obama’s Cap on Savings Would ‘Penalize Success’
from Newsmax -
President Obama’s proposal to limit tax-preferred retirement savings would penalize success and patience in favor of “the nebulous concept of fairness,” according to one analysis of the unprecedented plan.
Obama’s fiscal 2014 budget has...
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Health Care Scams Against Seniors Soar Due to Obamacare
by Caroline Howle and Connor Martin – Ahead of ObamaCare’s massive overhaul of the U.S. health care system – to begin taking full effect in January 2014 – law enforcement agencies have noted recent upticks in a wide range of health insurance scams...
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Savers Beware: Banks Can Be Hazardous to Your Wealth
by Mike Fuljenz -
Savers with funds in banks got a wake-up call from the Cyprus bailout deal reached with the EU last week. Under terms of the deal, savers with more than 100,000 euros ($129,000) basically lose the uninsured amount over €100K. Banks...
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10 Reasons the IRS Might Audit Your Return
Gene Barrett -
What sets off alarms at the IRS? The IRS only audits about 1% of all federal individual tax returns, while the other 99% go through unexamined. Nevertheless, it pays to keep in mind these 10 “red flags” that could increase the chance...
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Do You Know Where Your Money Is?
By John Wasik -
When dealing with an investment adviser, where your money is kept is nearly as important as how it’s invested.
The question “who has custody of my funds?” should be an essential part of how you vet a financial planner, money manager or...
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Guns and Gold
Guns and Gold – By Mike Fuljenz -
The Long-Term Outlook for Gold Remains Positive – Don’t Get Caught up in the Short Term Moves -
During gold’s 12-year bull market, we have seen many corrections. Gold’s advance is usually two steps up, one...
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The U.S. Mint Ran Out of Silver Eagle Coins – After Only 10 Days!
By Mike Fuljenz -
The U.S. Mint told authorized dealers that the 2013 American Silver Eagle bullion coins were sold out within just 10 days of first going on sale, January 7, 2013. On January 7, authorized purchasers placed orders for 3,937,000 of the...
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Global Demand Points to Higher Gold
By Mike Fuljenz -
Gold closed 2012 with its 12th straight positive year, up 6.5% for the year and up over 510% for the last 12 years vs. a small (8%) gain for the broad S&P 500, a representative measure of U.S. stocks. On the last day of 2012, Gold...
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Why Do I Need Life Insurance?
Why do I need life insurance?
Life insurance is about how you want to live your life right now and many years from now. It’s also about how your loved ones will live their lives when you’re gone. AMAC offers life insurance products through various...
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New Predictions of $1925 to $2200 Gold (and $50 Silver) in 2013
by Mike Fuljenz –
As the year’s end approaches, we will read several annual reviews and predictions of gold’s price in 2013. Specifically, a recent survey of 16 top analysts by Bloomberg shows an average predicted high of $1925 per ounce a year...
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