Category: common mistakes

Power of Attorney, and Mistakes That Could Cost You Dearly

July 21, 2022
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If medical complications leave you incapable of making decisions, a power of attorney (POA) will delegate legal authority to someone else to make them for you. That individual (the agent) can then make decisions for you (the principal) that include legal, financial, medical, and business matters. Why You Need a Power of Attorney Document Before anything…

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The 5 Biggest Mistakes DIYers Make — and How to Avoid Them

July 18, 2022
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Do-it-yourself projects let you customize your space, provide a savvy way to save money on home upgrades, and elicit a swell of pride when the final product turns out just the way you envisioned. But even with the most meticulous step-by-step instructions, DIYs don’t always go to plan. According to a recent survey conducted by…

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5 Real Estate Mistakes That Could Make You Lose Money

July 11, 2022
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By Joe Edgar On the surface, real estate investing seems so easy. Passive income, property appreciation, tax benefits, and more. What’s not to like? But the reality of life as a landlord isn’t so rosy. It’s hard work. It takes time, research, and careful study to understand the business. It’s far easier to lose money on a rental…

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