Category Archives: Personal Finance

Survey: Parents Holiday Spending Of $422 Per Child Means Many Are Overextending!

survey of parent spending habits for christmas

A survey conducted for T. Rowe Price confirms what many of us already knew…When it comes to holiday gift buying parents may spend money they do not have to make their children happy! SURVEY FINDINGS: Getting everything takes priority over budgeting: 53% of parents agree with the statement, “I try to get everything on my […]

2017: 20 Personal Finance Tips

Top 20 personal finance New Year

With 2017 right around the corner it can only mean one thing! That once again it’s time to make our New Year’s resolutions! Resolutions that, using history as our guide, for the most part will likely be violated by January 3rd if not sooner! For a look back, in 2016 these were the five most common […]

69% Of Americans Have No Financial Cushion! (Survey)

American debt burden chart

In a survey conducted by GoBankingRates.com, nearly 7 out of 10 Americans answered that they have less than $1,000 in savings accounts! This sorry state of affairs is far worse than the result reported in 2015 when another GoBankingRates survey asked 5,000 adults the same question, and 62% said they had less than $1,000 accessible were […]

If You’re In Business How Will You Choose Your Candidate For President?

On Tuesday, November 8, 2016 Americans will be called upon to cast a vote for the new POTUS along with a slew of Congressmen and Senators! For many Americans the choice, particularly for the new occupant of the White House, may be a difficult one. That said, this article is not meant to advocate for one […]

Fewer Than 50% Of Parents Are Saving For College!

A survey conducted by Sallie Mae found that less than half (48%) of parents with one or more child under 18 are saving for college! This compares to 62% of parents who were saving in 2009 and 51% as recently as last year and, is the first time a reading below 50% has been recorded (survey […]

What a stock market top might look like!

stock market,wealth,personal finance,technical stock analysis

If you’ve ever heard of or followed technical stock analysis, then the terms ‘Triple Top’ or ‘Higher Highs and Higher Lows’ may be familiar ones! Defined, a Triple Top is the scenario when ‘the price of an asset creates three peaks at nearly the same price level. The bounce off the resistance near the third peak is a […]

Taking care at an ATM machine to avoid becoming the victim of a crime!

title insurance New York

Periodically Hallmark Abstract Service provides information on issues concerning personal safety and finance that we think may be of interest and value to our readers! Bank ATM cards and machines with the potential they present for thieves to hijack personal information, money and compromise your physical well-being concerns both. What can we do to avoid […]

Caveat Emptor: Mortgage REIT’s

title insurance New York

In the low interest environment that evolved from the Federal Reserve’s quantitative easing program, investors who were searching for higher yielding investments found them in mortgage real estate investment trusts or Mortgage REITs. These funds that invest in mortgages  secured by real estate will typically use leverage (or borrowed funds) to increase the amount of […]