The Fiscal Cliff has only a few weeks to be resolved. While many are confident that there will be a resolution, both the Democrats and Republicans are deeply entrenched in their positions. This is a financial nail biter for everyone in the country because everyone will be affected: wealthy, middle class and lower class. A resolution is essential to the rebounding economy, but will there be one?
Here is what I am reading this weekend:
Jeff Gundlach Warned that the Fiscal Cliff Would Be a Problem for Stocks Like Apple: Business Insider Now might be the time to shed Apple stocks to avoid the potential increase in capital gains tax, which is bad news for Apple.
More than 300,000 Millionaires Could Go Off ‘Cliff’: Yahoo! Finance The cost of not resolving the Fiscal Cliff affects everyone. Here is why.
Stern Advice: How Much Is $250,000: Reuter’s The answer, it seems, depends on where you live. For some, earning $250,000 does not make them upper class.
College Loan Consolidation Advice in a Debt Laden World: Untemplater Saddled with several student loans? Untemplater offers advice for how to deal with them and pay them off in 10 years or less.
5 Things to Know Before Taking Out a Student Loan: WSJ Gone are the days of choosing a major based on what you enjoy and blindly taking out student loans. Here is what savvy students should do before they ever take out a student loan.