AAM April 2010 Monthly Newsletter

Welcome to the April addition of the AAM newsletter blog. Please post a comment below to let me know what you think.

Markets
For the month ended April 2010 the S&P 500 closed at 1,169, ending the month up almost 6%. The markets have moved back into positive territory for the year.   Gold ended the month flat at $1,113 per oz and Oil ended up almost 5% at $83.49 per barrel.

Mortgage Rates
Mortgage rates have increased over the last month. The Schwab Bank 15-year rate is now at 4.66% and the 30-year rate is at 5.22%. These rates are as of 4/14/2010 and assume no points, no origination fee and a $250,000 mortgage.

Start Planning for 2010 Tax Energy Credits – visit the websites below for more information on Energy tax credit for your home and appliances

http://www.energystar.gov/index.cfm?c=tax_credits.tx_index

http://www.energy.gov/taxbreaks.htm

To read to articles listed below go to my website :

http://aamllc.com/free-reports.htm

Love and Money: Is a Postnuptial Agreement Right for You and Your Spouse?
Valentine’s Day might not be the best time to focus on money, but some married couples are taking the unusual step of re-setting the clock on money issues both good and bad with a legal document called a postnuptial agreement.  more – www.aamllc.com/free-reports.htm

Helping Older Relatives Articulate Their Long-Term Care Wishes
In the best of all situations, helping an older relative or a parent plan for long-term care and other end-of-life issues happens when they’re healthy and various options can be considered with adequate time to do so. Unfortunately, events can sometimes intervene and make an elder’s need for assistance an emergency. (more–>www.aamllc.com/free-reports.htm

Should You Be a Borrower or Lender? The Return of the Personal Loan
As lending requirements stay relatively tight for most consumers, the chance of borrowing outside the banking system from family or friends can be attractive. After all, it’s rare to see a parent or sibling demand a credit check or other lengthy documentation. (more–>www.aamllc.com/free-reports.htm

Downsizing Isn’t All About Stuff: It Can Be a Smart Financial Move, Too
As people move into their 50s and 60s, priorities change. The hours spent on home improvements and the sheer time necessary to maintain a full-sized home seem to be a little more of a burden. As kids move on, there’s all that unneeded space. (more–>www.aamllc.com/free-reports.htm

http://aamllc.com/free-reports.htm

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