by Christopher Rhim, CFP®, CDFA™ | Apr 10, 2017 | Scams
Answering ‘Yes’ on Your Phone May Cost You New telemarketer scams using automation and ‘conversational agents’ will find there way into millions of consumers wallets. Here’s how it works: your phone rings and after picking up and a...
by Christopher Rhim, CFP®, CDFA™ | Mar 3, 2017 | Financial Advice
The big 3 mortgage issuers (JP Morgan Chase, Bank of America and Wells Fargo) saw their share of new loans drop from 50% in 2011 to 21% in 2016. Today, 6 of the top 10 lenders are non-banks. Why the change? Following the housing collapse of 2008-09, many large banks...
by Christopher Rhim, CFP®, CDFA™ | Feb 22, 2017 | Personal Income Taxes
In your mailbox soon and new this year, Form 1098, which contains your mortgage interest paid for the previous tax year, now reports new information which may trigger an IRS audit. This form now reports: * Outstanding principal balance as of the beginning of the tax...
by Christopher Rhim, CFP®, CDFA™ | Feb 20, 2017 | Financial Advice
Remember that first job, working 9 to 5 and a real salary? Quickly, your thoughts moved to what you were going to purchase: a new car, a new wardrobe, maybe a vacation to a foreign land? With the job came real responsibilities along with future plans that were...
by Christopher Rhim, CFP®, CDFA™ | Feb 13, 2017 | Financial Advice
This past week about 360 of 500 companies in the S&P 500 have reported 4th quarter corporate earnings about 5% higher than the year earlier period. This exceeded analysts estimates of 3.2% as predicted at the end of 2016. Stocks, entering the 8th year of a bull...
