Health Insurance Fraud & Scams – 4 Warning Signs to Watch Out For

crazy mad doctorHealth care reform may give hope to millions of uninsured Americans. They’re waiting eagerly for their chance to get affordable health insurance coverage for themselves and their families. At the same time, unfortunately, schemers and crooks are willing to take advantage of uninsured people’s vulnerabilities and exploit them by offering bogus insurance policies.

Scam artists follow the news and understand the public’s hopes and expectations. When they try to manipulate people, they often use popular terms and buzzwords like “Obamacare” and “health care reform.” Just dropping these words often helps them gain trust and credibility with their victims.

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Is Silver a Good Investment? Analyzing Historical & Current Silver Price Forecasts for 2012

investing in silver coinsSilver fell to $10 lows in 2008 and rocketed to almost $31 highs at the end of 2010.

So, what are some silver price forecasts and predictions for 2012?

Let’s look at both sides of the freshly minted coin to study heads and tails of this issue.

Reasons For a High Silver Price Forecast

Silver bulls have an easy argument rooted in simple economics: supply and demand drives market prices. What happens when supply goes down and demand goes up? Prices skyrocket!

Here are a few things that affect supply and demand in this market:

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Personal Finance Round-Up: Now Is the Time for Change, But How?

Every once in a while, everyone wants to make a major life improvement. That longing for change can be created by many things: bad health, bad relationships, bad jobs, or bad money habits. I use the term “bad” loosely, because even mildly bothersome aspects of life can drive people to seek big changes, especially in finance.

I believe that what we think has a lot to do with what becomes reality. When I’ve tried to lose weight, just making an effort to think about losing weight caused me to be more conscious of what I was eating and how much I was working out. The same goes for money. When I’m thinking about being better with money, I find myself being better with money. The power of thought itself in creating change is invaluable.

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Setting Your Long Term Personal Financial Goals – Examples & Planning

financial goalsJanuary 1st has come and gone, and those New Year’s resolutions you made are now a fading memory (admit it, the number on your scale probably hasn’t budged).

But the year’s not over yet, and it’s not too late to set new goals – and actually stick to them.

Here are 5 financial goals that everyone can achieve, as long as you have a plan. If you haven’t already, check out the money moves you should make at the beginning of each year. Those will all apply here as you get started on your renewed goals.

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3 Basic Factors to Consider When Buying a Stock: Price, Intrinsic Value & Enterprise Value

stock price analysisNew investors may be a little tepid about investing in the stock market. After all, buying a stock can seem really scary because there are so many things to keep track of.

To help you get a better understanding of the stock market, take a look at these 3 key factors to consider before making any investments in a company stock.

1. Price

Price is the number one factor to consider when you’re making any investing decision. It doesn’t matter if you’re buying a stock, bond, mutual fund, commodity, or real estate. The price that you pay for an investment will determine whether it is a winning or losing bet. Here is a perfect example to illustrate that point.

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6 Things to Consider Before Going Back to School While On Unemployment

Steps and entrance to schoolWhether you’re recently dealing with unemployment or job loss, or you’ve been sending out resumes for a while, heading back to school can be a great way to update your skills (i.e. make yourself more marketable in the job market), get health insurance, network with others, and start feeling productive again. Be careful, though, because you can also pile up debt, waste your time on unnecessary courses, and even lose your unemployment benefits in the process.

Before rushing back into the schoolyard, educate yourself on your options and the six potential pitfalls of returning to the classroom.

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9 Cheap Ways to Keep Warm This Winter and Beat the Cold

girl staying warm winterGrowing up with a “frugal” father, I have many winter memories of being huddled around the kerosene heater trying to get as warm as possible before sprinting toward my bedroom and diving under 8 layers of blankets in order to stay warm at night. Dad refused to set the thermostat higher than 66 degrees, even when there were 4 feet of snow on the ground outside.

I swore when I had a house of my own, I’d always keep it at a comfortable temperature. But with the rising gas prices this year – and a $400 heating bill last month – I finally understand my dad’s stubbornness. In honor of him (and to help you reduce your utility bill), here are 9 tips to keep warm without touching your thermostat this winter.

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How to Talk to Your Parents About Making a Family Will

reading living willA few weeks ago I was talking to my dad about a friend of his who had recently passed away. The friend hadn’t left a will for his family, which included several children and step-children. As a result, the family was in a tense situation, sorting through possessions and unsure who had a right to what.

Of course, this sad story naturally led me to ask my dad if he had written a will. Suddenly, the conversation came to a screeching halt. The tension inundated the room, and he said he hadn’t gotten to it yet. Then, he quickly changed the subject.

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Beware of the Real Cost of Rent-to-Own Stores for Furniture, Appliances & Electronics

tv in cartA few weeks ago, I sat in the parking lot at a local plaza watching people file in and out of one of those rent-to-own stores.

Without naming names, let’s just say that this particular store is a big one with locations throughout the country. I was astounded by how much business this place was getting.

It’s no secret that buyers end up paying far more than the sticker price at these stores. But are patrons even aware of this, and do they even care? What is it that keeps rent-to-own stores in business?

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What is a Secular Bear Market (Definition & Chart) and How to Invest In One

bear market chartThe stock market has risen about 90% since the March 2009 lows. Mind you, that rally followed a steep 57% decline. Still, in light of the gains of the past two years, how can some analysts say we’re still in the midst of a secular bear market?

Bulls vs. Bears

For those who are new to stock market lingo, a bull market is one where the primary trend is upward. A bear market means stock prices are falling. A secular trend usually refers to a longer-term trend, whereas a cyclical trend reflects the short-term market momentum. So you can have a cyclical bull market within a larger secular bear market and vice versa.

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