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Trust Funds, are they good thing or a hinderance? You know, it seems like more and more, people are being left with fortunes left by family members who have passed away. Probably the best example, or maybe the worst is, the Kardashians. Robert Kardashian Sr. who helped try the O.J. Simpson case, passed on and left his children a fortune. Granted, they are doing something with that fortune but, it has not been all roses for the "famous" family. The late Phillip Seymour Hoffman, who passed away earlier this year, decided early on(in 2004) not to let his children become known as "trust fund kids". So he left his $35 million dollar fortune to his long time companion,, and the mother of his three children.
Now look at us, the everyday working(Well....) man and woman. Most of us aren't in a position to set up a trust for a loved one, or loved ones. But for those that do, do you think it's a good idea? Do you think that having a trust helps or hurts the one we love? Does a trust negate responsibility? We'll talk about trusts and if they help or hurt us. This week. "On-Air.
Mark Jury, principal at Guardian Investment Banking joins the broadcast to discuss recent trends in non-performing and re-performing residential mortgage loan securitizations.
Mark is responsible for Guardians residential investment, servicing, advisory and capital markets business.
Raquel Smith, Financial Aid Advisor for UNLV (University of Nevada Las Vegas)
Nevada State Treasurer Kate Marshall. Kate Marshall was first elected State Treasurer in 2006 and
re-elected to second term in 2010. She originally ran on a platform she called the “Marshall Plan,” which included seven main points she would emphasize during her tenure. The basic tenets were simple: Improve and implement programs that save taxpayer dollars; reduce spending by becoming more efficient; and identify innovative methods for increasing economic development in our state. By the conclusion of her first term, six of these covenants had been met, with the seventh being achieved with the creation of the state’s first private equity investment fund during the 2011 Legislative Session.
A crowning achievement of her term as State Treasurer is the successful sponsorship and passage of Senate Bill 75 during the 2011 Legislative Session, which created the Nevada Capital Investment Corporation and the Silver State Opportunity Fund. The goal of the $50 million Silver State Opportunity Fund is to capitalize on investment opportunities in Nevada in order to increase funding for Nevada’s K-12 schools, while at the same time spurring economic development and job growth. A minimum of 70% of investments must be made in businesses located in Nevada, looking to expand in Nevada, or in businesses wishing to relocate in Nevada. Earnings from the fund go to Nevada’s K-12 schools. To date, commitments have been made to three private equity funds, which have located offices in Nevada.
College Scholarship Expert
Who says you can't build wealth?
Working Americans have the power to build savings and investments.. And it doesn't mean winning lotto.
By freeing up $500 or more each month--by not overpaying taxes, by reducing debt, by rescuing cash in life insurance--individuals and families can get ahead of the game. It's a necessity.
Here's where your money should go.
1. Emergency Fund: This is your reserve fund in the event of an unforeseen emergency, job loss or an unexpected expense.
2. Short-Term Savings: This account is for money that you set aside for expenses like a new computer or perhaps a vacation.
3. Long-Term Savings/Investments: This is where your retirement savings, college fund and other long-range savings will go. Because these savings have more of a long-term time horizon, you can use investment vehicles with potential for a higher rate of return, such as equity mutual funds.
Let's get financially well:
In the NY Capital Region, come to our Money Health Fair, this Wednesday night, July 30 at the Rotterdam Town Library, 6:00--7:30 pm. 1100 N. Westcott Rd. Call 952-1257 for more information.
See you next time.
This week we continue the discussion of the water crisis in Detroit, focusing on Michigan's Public Act 436 and the Emergency Financial Managers it established in Detroit and other cities in Michigan. We will be talking with guests Claire McClinton from the Michigan Poverty Roundtable and Maureen Taylor of Michigan Welfare Rights Organization.
Claire McClinton is a retired autoworker from Flint, Michigan. A UAW member, she is currently active with local and statewide community activities centered around exposing the dangers of the Emergency Manager law. Organization affiliations include the Democracy Defense League, and Poverty Roundtable. Activism includes public protest, educating the public and writing for such publications such as the Peoples Tribune newspaper. Currently, she is involved in fighting the charges against Reverend Edward Pinkney of Benton Harbor, MI.
Maureen Taylor is a lifelong soldier in the war against the poor, having served as Chair of the Michigan Welfare Rights Organization since 1993. Ms. Taylor is a professional Social Worker able to apply her skills to assist low income families to secure food, utilities, housing, healthcare, job training, and educational advancement throughout the State.
Many people now diversify their savings/investments, through mutual funds (owning a small share of many stocks or bonds). Others diversify with time-tested commodities like gold and silver. Many do both.
Why Buy Gold?
According to goldsilver.com, Gold is the only money that has never failed in the 5,000 year history of its use by humans.
In times of crisis, gold is the safest investment that also has the greatest potential to increase your wealth, according to goldsilver.com
Gold is a completely private and anonymous investment that is also extremely portable, according to the site.
Why Buy Silver?
Silver is a 'miracle metal'. It is second only to oil as the world's most useful commodity.
Check our Web site for information on gold and silver. bitly.com/yourmoneyny
Let's get financially well:
Get your guide to financial health: How Money Works. This essential guide will show you the life insurance traps, the debt traps, the mortgage traps, the tax traps so that you can build a secure financial house.
Go to bitly.com/yourmoneyny and sign up for your copy of How Money Works,
See you next time.
in Real Estate
Kevin and Erik Mitchell have been full time professional Real Estate Investors since 2007. Over this time period they have completed over 50 real estate transactions (all in Ontario) and spent over 25,000 hours growing and perfecting the systemized way in which they invest.
Back in 2007 Kevin and Erik started their real estate investment journey with about 60k to invest. With such a modest sum of money, the brothers had to make every single dollar that they invested work as hard as possible. As such, they have spent the last 7+ years mastering the art of maximizing the returns of their real estate investments. Through industry leading strategies, Kevin and Erik continually lower their investment, increase cash-flow, and create tens of thousands of dollars of equity with every property they purchase.
Armed with this powerful knowledge and expertise, Kevin and Erik’s unwavering missions is to help Canadians invest in real estate in the best way possible.
Years ago they learned the evils of the financial industry and since then have burdened themselves with the responsibility of sharing this information. Through their book, The Canadian Bank Conspiracy: Your Bank is Robbing You! (www.bankconspiracy.ca) Kevin and Erik reveal hidden secrets of the financial industry that will make every Canadian think twice about Mutual Funds!
Through Strategic Real Estate Investing (SREI), Kevin and Erik have assisted hundreds of Canadians in paving their own path to financial freedom. They have developed a proven and repeatable system that allows people maximize their real estate ROI by purchasing cash-flowing properties anywhere in Canada.
Evangelist Cynthia Diggs (Tx) and Eld Sandra M Chaney (Md) are guests on the July 21 show.Weekly Contributor for Voices of the Nations- is Prophet Faithman Ogboada (Nigeria).TOP OF THE MORNING is a Weekly Inspirational EXPRESS (60 MINUTES) Morning Show- RECORDED EVERY MONDAY AT 6:00 AM-Eastern Standard (US)- TOP OF THE MORNING-Hosted by Dr. Fay Maureen Butler is Presented by HuldahsHouseMinistries. Dr Butler is Founder and President of HuldahsHouseMinistries. www.huldahshouseministries.org. Dr Butler is also Pastor and Founder of the Upper Room International Ministries COGIC (CHURCH WITHOUT WALLS) in Queens, NY. www.urimcogic.org Dr. Fay Maureen shares daily inspirational thoughts on various social networking sites. (Just google drfaymaureen or use #drfaymaureen). Dr. Fay will play uplifting songs, pray, share a weekly message and interview selected guests. Prayer requests can also be submitted at the church website above. She is known for her powerful prayers and provocative preaching and teaching. LISTEN AND BE BLESSED BY THE TOP OF THE MORNING INSPIRATIONAL SHOW!
Mike from Around the World will be on live today discussing more sinkholes opening up in Siberia Russia and extreme weather conditions around the world. Israel vows to demolish Hamas tunels with or without a cease-fire. Also India landslide leaves 30 dead and 100 trapped. Also the world grows in fear as the Ebola outbreak puts Europe and Asia on high alert. Also the Islamic State of Iraq and Syria or (ISIS) has attacked the Kurds in Syria as bible prophecy said would happen in Jeremiah 50:41-46. Also the "Son of Hamas Founder" Mosab Hassan Yousef said on Fox News that Israel needs to finish off Hamas now. Also Argentina Government falls into debt default and blames the United States Mediator and Hedge Fund holders in America. Also Satanists use Hobby Lobby Decision to play the Devil's Advocate to push their own agenda. Also Fox News Greta Van Susteren career is being threatened by the Obama Administration for her coverage on Benghazi cover up. These events and bible prophecy along with the powerful Word of God with your host Pastor Paul Begley of Indiana.
The View Up Here is proud to have noted Canadian author, lawyer and political commentator Stephen Lautens on our airwaves. Mr. Lautens has a great deal of experience in the political arena, in litigation and jurisprudence, in the press and media, and as a concerned citizen with the direction of Canada.
The hits never stop rolling for Emperor and the CPC. A Supreme Court ruling record of 0-10. Reports from national and international legal organizations highly critical of the smear against Chief Justice Beverly McLaughlin. Some calling for Harper and MacKay to publicly apologize. Add in the attempted perversion of appointments to all Federal courts. Nearly $400 million of taxpayers' funds wasted in these futile exercises.
Much is yet to come regarding the Senate. From the 31 charges against Mike Duffy, to the complete Senate expenses audit due later this year, to the cracking of the old order regarding how things are done in the Red Chamber. Never mind the amount of vacancies once retirements and resignations take effect this fall. A Royal mess, indeed.
The Constitutional rights of Canadians are under assault from the CPC government. The Supreme Court of Canada has defended them as best they can. This results in members of government crying about an "end run on democracy". Perhaps they need some classes on Westminster Parliamentary democracy. If they could keep an attendance record and shut up long enough to pass them of course.
Stephen Lautens can help us with all these issues and more. Join us and find out what needs to be done to stop the madness. What needs to happen for Canada to regain its place in the world. What Canadians can do to restore their reputation globally.
Tune in and listen, join the chat room, or call in and share your opinion. Mr. Lautens and myself are looking forward to it.
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