Flip Flops: Quick Resale Market Dries Up as “House Flipping” No Longer Profitable

Home flippers flee market from CNBC. via CNBC: Flipping volume has been falling annually by double-digit percentages for three months. In California, where home prices are highest, flips were down a steeper 22 percent annually. Gross flipping returns in August fell to the lowest level in nearly seven years, according to Attom. A rough combination … Read more

Why are employers pushing HSA so strongly? Is it just to reduce their own costs, or are their actually benefits for the employee

by DirtMcGirt24 If you are young then it’s almost always a good deal for you and the employer. Typically the traditional PPO plan is going to have a much higher premium and cover more and the high deductible plan is going to have a much lower premium. If you don’t go to the doctor, you’re paying … Read more

Citicards has a feature that auto-updates your Google Wallet with a newly issued card, which in my case resulted in more fraudulent charges.

by sjsean My wife’s purse was stolen this weekend and someone created a Google Play account in her name. They added her CC # to the account to make purchases. We were alerted to the fraud quickly and deactivated the card. Citicards expedited a new one to us the next day, but just hours after … Read more

It’s not just stocks that are signaling the bear market/recession…

https://twitter.com/OccupyWisdom/status/1058198222630469633 Buyback announcements in: Q1: $242bQ2: $437bQ3: $156b .. via @TrimTabsIR https://t.co/0sf7XqIeO8 — Carl Quintanilla (@carlquintanilla) November 2, 2018 3-month U.S. Libor rates have surged to a new post-crisis high, of 2.54%, more than double where it was last year. This is important because so much debt, including leveraged loans, are pegged to this rate. … Read more

20% of All Student Loan Holders Say They Won’t Be Able to Make Their Next Payment

via marketwatch: Struggling to repay your student loans? You’re likely not alone. Roughly 20% of student-loan borrowers said they won’t be able to make their next payment and another 44% report it could be a challenge. That’s according to results of a survey released Thursday by Student Debt Crisis, an advocacy group, and Summer, a company … Read more