Wednesday, August 20, 2014 Av 24, 5774
By:
Andrew Lasner, JE Feature
Fueled by rising home values, larger sales forces and increased consumer acceptance, the number of federally insured reverse mortgages made in the United States in 2006 grew by 77 percent, according to the National Reverse Mortgage Lenders Association. "More seniors are recognizing that traditional retirements tools, such as IRAs, pensions and 401(k)s, are not providing sufficient income to help fund...
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It looks as if a "landmark" kosher supermarket in Northeast Philadelphia won't be going out of business after all. Last month, Ira Feldman, the longtime owner of Best Value Kosher Meats on Bustleton Avenue, told customers his grocery would be closing come early January. The only other option, Feldman noted, was the unlikely scenario that someone would offer to buy...
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By:
Frank Rosci, JE Feature
One of the first things people notice upon entering Botwinick's Clothing, at the Metropol Center in Jenkintown, are solid-looking, turquoise-painted letters -- each about 3-feet-high, mounted inside directly above the entrance spelling out BOTWINICK'S. Now a retail icon in themselves, the letters are from the facade of the original store that opened at 976 N. Marshall St., in the East...
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What would happen if your paycheck suddenly stopped because you were ill or injured and couldn't work? Could you pay your mortgage and monthly bills? You could if you had long-term disability insurance, reports the Pennsylvania Institute of Certified Public Accountants. Disability insurance provides monthly income when you're disabled and unable to work. Without coverage, a disability can deplete your...
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By:
Fred D. Snitzer, JE Feature
The investment surprise for 2006 was the greater-than-expected rise in the broader markets, such as the S&P 500. For the last several years, market sages have been telling us to curb our expectations and expect single-digit returns, at best, for the foreseeable future. While the modest owner of a Vanguard Index Fund is probably quite pleased with its 2006 performance...
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