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No other form of investment can match the returns generated by the stock market. It however requires some smart investing strategies so as to emerge out as a successful stock investor. The success stories of the legendary investors such as Warren Buffet or Wilbur Gross are built around stock market investing. However, it is to be noted that like the opportunities, the risks of investing in stocks are quite high too. In a nutshell, the stock market has the potential to make or break the fortune of an investor in a very quick span of time.

Forced retirement has grown quite common these days. A large number of baby boomers are facing this situation and can be equally traumatic as divorce. A forced retirement may lead to myriad financial problems and may also impact your goals for the future.

In a recent survey, it has been found that around 45% of retirees had stopped working earlier than they expected. The main reasons cited for forced retirement were:

Financial fitness is very important for any individual. Unless you have the financial fitness, you won't be able to afford the items that are important to you. Also, a good financial health will ensure a better future for you. In order to improve your financial fitness, you need to replace your bad spending habit with a good one. Thus, you need to stop overspending, paying down debt and/or depositing money in a savings account.

The tax season is around and all of us are aware of various taxes related to our home and property. However, it is to be noted here that there are a large number of added costs are a part of the home buying process. But there are a lot of other added costs that come with purchasing a home. One such cost is he Private Mortgage Insurance. This is an insurance which buyers will have to take when they are unable to pay 20% down payment. This is an insurance policy for which you pay but it covers the lender in case you default on your loan.

Disasters are part of our lives and we cannot plan a way out in order to save ourselves from them. But as far as your taxes are taxes are concerned, IRS is an unexpected source of help which most of us don't know. However, in order to take advantage of these tax deductions, you need to contact the IRS and fill out certain extra paperwork.

What will be considered as a casualty by the IRS?

Mortgage Forgiveness Debt Relief Act is due to expire within the next 10 months. As per this act, the mortgage borrowers won't be subject to the payment of federal income taxes if there property went through loan modification, short sale or foreclosure. A large number of people were hoping that as the government is taking various steps to help the mortgage borrowers, it may also extent the Mortgage Forgiveness Debt Relief Act. But till now, nothing positive has been reported in this regard.

Once you find your dream home, your main aim will be to complete the loan process and go for the mortgage closing. Normally, a closing day can be defined as a day where the seller and the buyer sign on the dotted lines. They exchange keys and the check. But there are a lot more things included in the closing process. So, if you don't prepare in advance, your home loan closing process can be disastrous.

Here are 5 things which you should keep in mind while going through the closing process:

Keeping in mind the high unemployment rate and reduction in wages, starting up your own business seems to be a great option these days. However, before starting off your own business, you need to understand the pros and cons of that business. You will have to be prepared in order to take the risk of starting your own business. Here are certain things which you need to consider before you start off your own business:

The mortgage settlement plan with the country's largest banks by the Obama administration will be of great help to the Federal Housing Administration (FHA). As a part of the $25 billion mortgage settlement, FHA will receive about $1 billion. This will help the FHA to avoid tapping a U.S. Treasury credit line. It will be of great help to FHA because the cash reserves if FHA has reached a low of $2.6 billion in 2011. This new development was announced by the U.S.

After a year of discussion, Attorney General Eric T. Schneiderman of New York and California's attorney general, Kamala Harris have pointed to the fact that they are closer to an agreement regarding the Mortgage Relief Plan.

There are 3 specific situations in which the Mortgage Relief Plan will be of great help to the homeowners. They are as follows: