I had heard of Etsy before but I just saw a post on HomeBizNotes about it, so I thought I would check it out. You can sell your crafts online at Etsy; it’s kind of like EBay for crafters. Both handmade and vintage items (over 20 years old and in good shape, of course) can [...]
A big factor in success is asking the right questions. This principle works particularly in business negotiations. If you are a baby boomer buying a business, or if you are buying a boomer business (or both), carefully evaluate the business by asking the right questions.
A young friend of mine told me a story about [...]
If you have been reading my posts on (1) Basics of LTC Insurance and (2) How LTC Insurance works with Medicare and Medicaid, you may have more questions than answers.
One basic I forgot to mention earlier is the difference in levels of care facilities. While these are general, and the experts would probably take [...]
It’s a Friday and it’s October. And the market seems to be following historical precedent:
I just heard that foreign trading seems to be in a panic mode, and Dow Futures (pre-opening trading) on the NYSE was so low it was halted to stop the slide. It’s called “limit down.” Remember what I said about “FALL.”
We [...]
Home Biz Notes, another b5 media blog, listed some great resources for baby boomers who are small business owners. Of course, Small Business Boomers was at the top of the list.
Check out the HomeBizNotes post and let me know what you think of these resources.
Tags: EONS, HomeBizNotes, small businesses for baby boomers
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A couple of days ago I wrote about the basics of buying long term care insurance. Today, some more thoughts, in particular about Medicare and Medicaid, so you can think about whether you want long-term care insurance. First, some basics, then a longer explanation:
Basics (I’m generalizing what is a very complicated subject, to [...]
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We Baby Boomers just received a rude wake-up call, with a $2 TRILLION lost in our retirement funds in the recent stock market debacle. Unlike our parents, who were savers, we have been spenders, but no more.
When we moved my mother out of her home about 10 years ago, [...]
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If you are at the upper end of the Baby Boomer spectrum (late 50s/early 60s) you may have considered long term care insurance. My husband and I have talked about it, and as we enter our 60s, we wonder if we should get it. So, for me and for [...]
The Wall Street Journal suggests that Joe the Plumber should get a SEP-IRA to protect his profits from being taxed. So what is a SEP-IRA?
A SEP-IRA is a Simplified Employee Pension IRA (Individual Retirement Account), which allows you to make contributions to your own and employee retirements. SEP-IRAs essentially function as “profit-sharing” plans, [...]
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A boomer business idea I have been thinking about for some time is a local “FSBO” (For Sale By Owner) service. Here is what I mean:
A few years ago, my husband and I sold our home, but we didn’t want to pay a realtor 6% or 7%. We found [...]
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