How Banks and Credit Card companies are Dodging Reform

Congress recently passed a major credit card reform bill, but the prospect of its taking effect has only spurred credit card companies to devise new ways to dodge reform and unfairly strip funds from their customers.
Check out this video:
http://www.youtube.com/watch?v=FTy0i--1zlo&feature=player_embedded

CRL's report, "Dodging Reform: As Some Credit Card Abuses Are Outlawed, New Ones Proliferate," finds eight hidden practices that will survive the new law as well as new rules from the Federal Reserve Board.

How Rolling over your old 401k, IRA or defined benefit plan can actually put money in your pocket

Did you lose your job in this recession? Did you have a 401k or Defined benefit plan? You know you have to Roll that plan over to an IRA...right?

Well what if rolling that plan over could actually make you money?

Between 2009 and 2013, an estimated $1.9 trillion will roll from defined contribution plans to IRAs and $1.3 trillion will transfer among existing IRA providers1. In today's economic environment, many employees have lost or changed jobs or are approaching retirement and are finding themselves faced with important decisions including what to do with the assets they've accumulated in their 401(k) or 403(b) plans.

The regulations that apply to retirement distributions are complex and mistakes can have devastating consequences that can impact a participant's retirement as well as his or her estate plan.

Believe it or not this "problem" can actually be an opportunity!

I have developed a system that can create a great new source of income from your old retirement plan.

Want to know more? Email me at: PaulW@CompassFinancialGroupInc.com
Or call me at; 559-352-9088

This may give you an edge against investors

Fannie Mae introduces neighborhood stabilization programsFannie Mae last week announced its First Look initiative, which provides owner occupants and public entities an advantage in purchasing Fannie-Mae owned foreclosed properties.

With First Look, only offers from owner occupants and buyers using public funds are considered during the first 15 days a property is on the market. Offers from investors will be considered only after the first 15 days have passed.

In addition to First Look, buyers using Neighborhood Stabilization Program (NSP) funds from the U.S. Dept. of Housing and Urban Development's (HUD) Community Development Block Grant (CDBG) program, HOME Investment Partnerships Program funds from HUD, local housing trust funds, or charitable foundation funds also may qualify for additional benefits, including:
Deposit waivers
A reserved contract period, and
Extra time for closing

For more information about Fannie Mae's First Look initiative or the company's programs for public entities email me at: paulw@compassfinancialgroupinc.com or call me at: 559-352-9088

A TAX DEDUCTION YOU PROBABLY MISSED

Did you buy a home in last few years?
Did the seller pay any of your closing costs?

Did you know that you can deduct some of those costs? That's right! even the the seller paid them, you can deduct them. even if they were a few years ago!

This one technique can put a $1,000 or more in your pocket.

Email me for how to get this great deduction.

My email is; paulw@compassfinancialgroupinc.com

Or you can call me at; 559-352-9088

Welcome

Welcome to my financial advisory blog! I will be posting blogs regarding any and all money matters that you will hopefully find useful as well as offering my services to help implement this information into your financial plan to get you on the path to achieving your goals. Please check out my youtube channel (There is a direct Link at the bottom of this page) to watch my Introduction Video so that you can get to know a little bit more about who I am and what I can offer you. Don't forget to become a follower of my page so that you don't miss out on my latest information!