Celebrate Low Interest
There are a lot of reasons to celebrate today. Sure, we are in a pandemic and many people are divided by the who’s who in politics, but there are still so many reasons to celebrate, at least in the real estate industry. Low interest rates, great mortgage incentives — for both new and seasoned buyers — and lower credit scores are celebration enough. When interest rates go down, people qualify for a higher priced home for the same monthly payment. As Chris Marr, a mortgage sales manager says, “Current rates are still low and underwriting standards have also been lowered and modified in order to help first-time homeowners with approvals.” […]
9 Financial Tips from a Wall Street Enthusiast
1. “Pay taxes on the seed, not the harvest.” When you invest in Roth IRAs and 401(k)s, you pay taxes on the money you contribute. Because you already paid the tax, no tax is collected when the money is taken back out. 2. Convert IRAs into Roth IRAs. Make after-tax contributions now, and you will enjoy tax-free withdrawals during retirement. 3. Convert 401(k)s into Roth 401(k)s. Make after-tax contributions now, and enjoy tax-free withdrawals during retirement. As an added bonus, companies often match some or all of the money you invest. 4. Utilize 1031 exchanges on Real Estate. There is a 6 month window to prevent payments on capital gains […]
PHOTO of the MONTH: MARGARET WARREN
And why, you may ask, is this man consigned to drinking his coffee under the breakfast table? He is a college professor, faithful husband, Navy officer, survivor of the sinking of the Block Island during World War II, family man, father of 3, and gentleman farmer. And the latter is how he ended up in the Warren substitute for a doghouse. You see, the Warrens at that time had a barn and a pony but no fenced paddock. Early every morning, my father would lead the pony out of the barn, up the driveway, past the house, and out to the front lawn. There he would tether the pony for […]
Celebrating the Beauty of the Natural World through Artwork | “Outside and Around Us”
Artwork provided by Aiken Center for the Arts, used with permission Plein air painting is about leaving the four walls of your studio behind and experiencing painting and drawing in the landscape. An upcoming exhibition at Aiken Center for the Arts, “Outside and Around Us,” features plein air artwork by local artists Al Beyer, Bill Daniel, Sally Donovan, and Andrew Murphy from December 3, 2020 through January 29, 2021. For these artists, there is something about being in the environment as they paint that is important to them. It is more than simply painting outside; there is value from being in the open air. They are offered the opportunity to […]
