Expect the unexpected—organize for a sudden death or disaster

Posted on Apr 30, 2015 in Peoples Progress e-Newsletter | Comments Off on Expect the unexpected—organize for a sudden death or disaster

Expect the unexpected—organize for a sudden death or disaster

Some people thrive in chaos. The more paper and bank statements strewn on tables, chairs and inbox trays the better. While that may be OK for you now, it is no way to leave your financial matters or estate papers to those who have to make sense out of it well enough to care for your needs should you become unexpectedly incapacitated. It is especially hard for loved ones who can’t see through the grief and pain of your loss to see how to endure and survive the sudden change. Expect the unexpected. Try to avoid adding trouble and frustration to...

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Social Security Claiming Strategies for Married Couples

Posted on Apr 30, 2015 in Investing, Peoples Progress e-Newsletter | Comments Off on Social Security Claiming Strategies for Married Couples

Social Security Claiming Strategies for Married Couples

Deciding when to begin receiving Social Security benefits is a major financial issue for anyone approaching retirement because the age at which you apply for benefits will affect the amount you’ll receive. If you’re married, this decision can be especially complicated because you and your spouse will need to plan together, taking into account the Social Security benefits you may each be entitled to. For example, married couples may qualify for retirement benefits based on their own earnings records, and/or for spousal benefits...

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Webcams: Security first, all other features second

Posted on Feb 9, 2015 in Online Security, Peoples Bank News, Peoples Progress e-Newsletter | Comments Off on Webcams: Security first, all other features second

Webcams: Security first, all other features second

Maybe you think your webcam security isn’t important. We would suggest that webcam security is more important than even the pixel and color quality of the camera itself. Why? Think in terms of the risk. Take just 2 examples: Many Realtors like to install a webcam pointed at the lake and may think the security isn’t all that important. Until it gets hacked to show a photo of a dredged pond in front of a coal yard with their logo imposed on it. Some families just want to see how their pet is getting access to the ‘fridge....

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Bonds, Interest Rates, and the Impact of Inflation

Posted on Feb 9, 2015 in Inflation, Investing, Peoples Bank News, Peoples Progress e-Newsletter | Comments Off on Bonds, Interest Rates, and the Impact of Inflation

Bonds, Interest Rates, and the Impact of Inflation

There are two fundamental ways that you can profit from owning bonds: from the interest that bonds pay, or from any increase in the bond’s price. Many people who invest in bonds because they want a steady stream of income are surprised to learn that bond prices can fluctuate, just as they do with any security traded in the secondary market. If you sell a bond before its maturity date, you may get more than its face value; you could also receive less if you must sell when bond prices are down. The closer the bond is to its maturity date,...

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