Heroic Investing

Lending Rule Changes in 2014 Hit Borrowers

Lending Rule Changes in 2014 Hit Borrowers

A new year is almost here, and with it come new opportunities for starting an investing career as Jason Hartman recommends. But if you’re looking forward to buying that first investment property in 2014, it’s important to remember that thanks to the mortgage meltdown of f few years ago new laws and...

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New Dodd-Frank Changes Make Borrowing Tougher

New Dodd-Frank Changes Make Borrowing Tougher

The New Year is just around the corner, and so are new provisions of the sweeping Dodd Frank Act. And while those new rules are designed to protect borrowers – and in some ways, lenders too – the changes coming in 2014 may make it tougher for those hoping to qualify for a mortgage or refinance a...

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Outdated Card Security Puts Users At Risk

Outdated Card Security Puts Users At Risk

What holds the data on your credit or debit card? If you’re a US cardholder, most likely it’s a magnetic strip. But as Target’s massive Black Friday data hack points up, that technology, which is largely obsolete in many parts of the world. is what puts US consumers at special risk for identity...

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Target’s Account Hack Can Happen Anywhere

Target’s Account Hack Can Happen Anywhere

Even if you aren’t a Target shopper, the company’s recent card account hack affects you. As the giant retailer deals with the fallout from a major data breach that stole card data from 40 million accounts in its system, consumer advocates are warning that the Target hack points up major flaws in...

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The Ven: An Eco-Friendly Digital Currency

The Ven: An Eco-Friendly Digital Currency

With the Bitcoin making world headlines, can other digital currencies be far behind? As the Bitcoin gains strength as a legitimate exchange for real goods all over the world, other kinds of digital monies are popping up too. And the creators of these specialized currencies are using the Bitcoin model...

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It’s Official: Tapering Begins in January

It’s Official: Tapering Begins in January

After months of waffling about the fate of its massive bond buying stimulus plan, the Federal Reserve has taken the financial world by surprise with its just-released announcement that it will begin “modestly” tapering the plan down in January 2014. While the news ended months of anticipation for...

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Asia Opens Doors to the Bitcoin

Asia Opens Doors to the Bitcoin

Need more proof that the world is watching the Bitocoin? Just consider Bitcoinvention 2014,a global get-together to inform, educate and promote the digital currency that’s changing the way the world thinks about money And this first Bitcoin convention is being held in Manila, Philippines – an acknowledgement...

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Does the Bitcoin Threaten Mainstream Finance?

Does the Bitcoin Threaten Mainstream Finance?

As the Bitcoin continues to surge onto the world stage, with a new push to \bring big-time Bitcoin trading to Asian markets, established financial institutions and government bodies around the globe are targeting the upstart digital currency with warnings and bans. That’s a move long predicted by Bitcooin...

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Financial Gifts Keep On Giving

Financial Gifts Keep On Giving

It may not be sparkly and shiny and sit under the tree. But one of the greatest gifts a parent (or anyone) can give this holiday season is one that keeps on giving for a lifetime: financial literacy. Whether a child is five or fifteen, options ranging from the good old piggy bank to more sophisticated...

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New Federal Fees Change the Lending Landscape

New Federal Fees Change the Lending Landscape

Fannie and Freddie are moving on. The two government owned mortgage lenders are planning to raise loan guarantee fees for 2014 in an effort to scale back their presence in the mortgage market. It’s a move that has considerable implications for the mortgage industry – and an unexpected upside for...

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