Making Homeownership Viable Again

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There’s been discussion in recent years about renting being a better investment than buying a home. Analysts have emphasized that homeowners need to take the perspective that owning a home is more about quality of life than the road to riches. But that’s like saying don’t invest in stocks when prices are low, which is…

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Midyear Recap

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The commentaries are in – July brought with it a host of analysis about how the economy is doing so far this year.   According to Fidelity Investments, “The U.S. remains in a mid-cycle expansion and the corporate sector remains solid, but improvement has slowed, and global and policy risks dampened the overall outlook for…

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Banks: Too Big to Break Up?

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After the Great Depression, Congress passed the Banking Act of 1933, which included banking reforms such as the Glass-Steagall Act (named for its Congressional sponsors, Senator Carter Glass (D) of Virginia and Representative Henry B. Steagall (D) of Alabama). That Act was designed to limit the activities and affiliations commercial banks could engage in with securities and securities firms. In…

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Does Student Loan Debt Make You Smart?

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It used to be that garden-variety wisdom behooved you to go to college to make something of yourself. These days, with around $1 trillion in outstanding student loan balances nationwide ($150 billion in private student loan debt), many are questioning that wisdom.   According to finaid.org, the average college student’s debt is more than $18,000,…

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The Medicaid Extension Debate

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Since the Supreme Court published its decisions regarding the constitutionality of the Affordable Care Act, there’s been far more discussion over the option to reject the Medicare expansion plan than the mandate that all Americans must purchase health insurance.   For Republicans, the option to reject federal aid offers a glimmer of hope that there’s…

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Female Influence

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Traditionally, we’d hear about the “woman behind the man.” But these days, women seem to be emerging more front and center as we read daily news about their roles in consumer spending, corporate boardrooms, driving economic expansion as small business owners, and as major players in this year’s presidential election. Corporate America In 2008, Paul…

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Health Insurance for All

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The much-awaited ruling finally came as the Supreme Court determined that the Patient Protection and Affordable Care Act (PPACA) is for the most part  constitutional. The biggest question was whether or not the federal government could mandate legislation requiring that all Americans purchase health insurance. It can’t, of course, but what was ruled constitutional is…

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Organic Growth

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We often read about how large American corporations have done such a great job of cutting back expenses and strengthening their balance sheets. And yet, our economy continues to languish. Many attribute this lack of growth to unemployment and unwillingness of corporations to open their pocketbooks and invest in growth, for fear of the financial…

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A Post-Apocalyptic World

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Perhaps the U.S. subprime mortgage debacle that kicked off economic recessions, debt crises, and job losses all over the world can’t quite be described as an apocalypse. However, the world may seem a bit apocalyptic if you’ve lost your house and have been out of work for a year and a half.   They say…

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Let’s Talk Pensions

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It used to be (just a few years ago) that if you worked for a company that offered a pension, you were one of the lucky ones. That retirement income was reasonably secure compared to workers contributing to a 401(k) or other defined contribution (DC) plan. Not so much anymore though. First of all, government…

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Phone: 757-482-0291
Fax: 757-482-1739
info@woodsfinancial.hrcoxmail.com

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Chesapeake, VA 23322
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This guide is for informational purposes only. It is not intended to provide tax or legal advice. By requesting this guide you may be provided with information regarding the purchase of insurance products in the future.