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Julian , California
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May 9, 2012     The Julian News
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May 9, 2012
 

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8 The'Julian News Apple Junction Real Estate, Inc. Paul Bicanic Owner/Broker Active over 30 years full time in Julian Real Estate . Www.AlRE.com 760.765.2878 / 760.484.7793 lulian 00and For Sale .91 ACRES - 2 Bedroom septic in ground, water, electric, house plans - $110,000 1ACRE- Large Potential with water meter - $45,000. 1ACRE- Seller will provide County Approved septic layout - $50,000. 1.19 ACRES. Recently surveyed, Nice building site with existing septic system, all utilities available, Harrison Park - $110,000. 1.29 ACRES. Approved 3 Bedroom septic layout, outstanding views. $42,000 2.SACRES. Fabulous View and Privacy - $49,000. 2.5ACRES. View from Coronados to Catalina, Driveway and pad (oughed in, Water meter, Seller is motivated to negotiate All CASH Offer - $85,000. '. 2.5 ACRES- Water meter, County Approved 3BR septic iayoutl Vew, House plans- $110,000. 2.5 ACRES - Paved roads, Underground utilities, Approved for 3BR,L.arge Oaks - $150,000. 2.5 ACRES - Gorgeous Wynola Estates Parcel, Seller will provide County Approved 3BR septic layout. Cedars, Oaks, Manzanita -$158,000. 2.5ACRES. Approved septic layout, grading plans, building plans, water meter, all utilities, Big oaks, Paved road - $219,000. 2.63 ACRES -Very private with rural views, Approved County septic layout- $135,000. 2.77ACRES- Foundation, 3 Begs O....tic system, water storage tank- $109,000 2.97ACRES Unobstructed view property, From Mt Palomar to the Salton Sea, Water meter, County Approved for 3BR residence, All utilities + Cable - $199,000. 8 ACRES - Driveway and pad roughed in, County Approved for 3 BR,Terraced for orchard, Area for Pond, Huge Pine Tree, Oaks, Manzanita. View from Mt Palomar to Ranchita - $259,000. 9.92ACRES- Usable parcel, with Well, Storage Tank, 3 BR septic system in ground, view- $135,000. 13 ACRES - Usable undeveloped parcel. Level to rolling to sloping (Ranchita) - $60.000. Manufactured Homes - Golden Nugget Park $520 Space Rental - trash, electric, water, extra 2BR - 2BA 1600+ S.E $120,000. ! 150+ S.E $65,000. ..  3 i 4 Business Consultitw Accounting Financial Statements Tax Plannino and Preparation Individual Business Trust Nonprofit Established 1994 Financial Focus Like The Benefits Of A 401(k) Or An IRA? Check Out The 529 Plan If you have young children, the end of another school year means you are now one year closer to the day when you send them to college -- and one year closer to dealing with the high costs of higher education. However, you still have time to save and invest-- and one of the best investment choices you can make is a Section 529 college savings plan. In fact, a 529 plan contains, in just one account, some of the key advantages found in other attractive investment vehicles, such as a 401(k) or IRA. Consider the following: Tax-advantaged earnings -- Roth IRA earnings accumulate tax free and are distributed tax free, provided the account is at least five years old and the account owner doesn't start taking withdrawals until at least age 59. Similarly, a 529 plan's earnings accumulate tax free and are distributed tax free, provided they are used for qualified higher education expenses. (Keep in mind, though, that 529 plan distributions not used for qualified expenses may be subject to federal and state income tax and a 10% penalty.) Furthermore, FAwardJones MAKING SENSE OF INYE.STING 850 Main St #104 Ramona, CA 92065 (760) 789-2804 Yvonne P. Catton submitted by Yvonne Carton your 529 plan contributions may be deductible from your state taxes. However, 529 plans vary, so be sure to check with your tax advisor. High contribution limits -- For 2010, you can put up to $16,500 into a 401(k) plan, or $22,000 if you're 50 or older. If you have an IRA, you can contribute up to $5;000 in 2010, or $6,000 if you're 50 or older. The lifetime contribution limits for 529 plans may be more generous. While the limits vary by state, many Plans allow contributions in excess of $200,000, according to the U.S. Securities and Exchange Commission. Contributions to 529 plans are considered gifts; therefore, the $ 13,000 gift limit should be considered. Asset allocation -- One key to being a successful investor is choosing the mix of investments -- such as stocks, bonds and government securities -- that are appropriate for your risk tolerance and time horizon. A professional financial advisor can help you create a suitable asset allocation for your 401(k), IRA or other investment accounts. Most 529 plans also offer an asset allocation strategy, typ, ically based on the age of the child or the number of years until college enrollment. For example, if your THIS LOAN IS HERE NOW!!! ISYOUR HOME LOAN UNDERWATER? HAVE YOU MADE YOUR LAST 6 PAYMENTS ON TIME? IT TOOK THEM A WHILE BUT THE LOAN IS NOW HERE AND wE ARE CLOSING LOANS. FOR THE NORMAL LOAN IN YOUR AREA, WE ARE LOOKING AT HIGH 3% TO LOW 4%. CALL ME WITH THE ADDRESS AND YOUR NAME AND I WILL GO ON SITE TO SEE IF YOUR LOAN WAS SOLD TO FANNIEMAE OR FREDDIEMAC. IN MANY CASES YOU CAN GO FROM A 30 YEAR TO A 15 OR 20 YEARS LOAN AND NOT INCREASE YOUR PAYMENT, IN'MANY CASES }AYMENT WILL BE LOWER. OFFER EXPIRES DECEMBER 31ST, 2013. GET IT STARTED NOW WHILE RATES ARE DOWN, ONCE AGAIN IF THIS LOAN DOES NOT MAKE SENSE TO YOU I WON'T PUT YOU INTO IT. ANY QUESTIONS PLEASE CONTACT ME. RULE OF THUMB IF l CAN COVER MY COSTS IN A 5 YEAR PERIOD IT MAKES SENSE. IN MANY CASES WE ARE COVERING COSTS IN LESS THAN 2 YEARS. ALSO DOING FHA, VA, CONVENTIONAL. LOG HOMES, MANUFACTURED HOMES AND CONSTRUCTION LOANS CALL ME WITH OESTIONS... 619-561-6241 FAX: 619-749-3667 CELL: 619-316-7732 Mike Mclntosh MORTGAGE LENDER NMLS#: 226000 BACK COUNTRY SPECIALIST II  .  EMAIL: MMCINTOSH@AMERIFIRST.US I 6370 LUSK BLVD, F209 .. l111Vlr.JXU 1 1 SAN DIEGO, CA 92121 -- I[ ranfvllxfWrlT ,.. Lieved by the Deptment of Corporations under the   Lrt.lllJ 1.. Cahfoia'Reid#ntial Mortgage Lendmg Act 813 G596 LENDER child is younger, your plan might start off with a higher percentage of aggressive investments in order to maximize your growth potential. As your child gets closer to college, the plan may take a more conservative approaCh to help reduce the effects of volatility before you start tapping into the plan. Clearly, a 529 plan has much in common with popular investment vehicles, but it has other characteristics of which you'll want to be aware. For one thing, the financial aid impact: Assets in a 529 plan are considered an asset of the account owner, usually the parent. Federal financial aid formulas generally expect parents to use a smaller percentage of their assets for college funding. Consequently, you'll want to exp!ore all aspects of any 529 plan, possibly in consultation with your financial and tax advisors, before taking action. But don't wait too long -- your children will. move from day care to dormitories in what seems like a blink of an eye. Truth is the most valuable thing we have, so I try to conserve it. -- Mark Twain NOTAIIY PUBLIC Becky Gambrill00 X me: 760-765-27601 on: 760-533-4429 / Please call // for an appointment [ College or retirement? Findout how to afford both HardJones ANTHONYJ, ROMAN0 Attomey-At-Law Real Estate, Estate Planning, Business and Water Law {619) 696-9916 1901 First Avenue, Suite 110 San Diego, CA: Market Pundits Part 2 by Tim Taschler Here is a recent news story that crossed the wires: "Improving U.S. Outlook Cited as Reason Central Bank Is Unlikely to Restart Bond Buying." More economists are convinced the Federal Reserve won't take further action to spur growth this year as the economy appears to be on firmer footing, according to The Wall Street Journal's monthly economic-forecasting survey .... Thirty-six of the 51 economists surveyed, not all of whom answer every question, say the central bank will refrain from another round of large- scale bond buying in 2012. The number who expect no action is up from 30 in the January survey. ('Economists Don't See Fed Action This Year,' Phil Izzo, The Wall Street Journal, 4/12/2012) My first question,, after reading something like the above, is "okay, so what is the track record of "hese economists?" Well, let's look back to 2007. We know from my last article that Fed Chief Bernanke missed both the housing bubble and the subprime bubble and actually thought things were 'contained.' How did other economists fare? Well, not so good. Let's take a look. In 2007, many economists did not see what was coming our way. Most did not recognize the situation for what it was, even as it was unfolding before their very eyes. In December 2007 (months after the credit crisis began), Business Week ran its Survey of 54 economists and every one of them predicted that the U.S. economy would not sink into a recession in 2008. They were also unanimous in their belief that unemployment wouldn't be too bad either. Their consensus was that 2008 would be a solid but unspectacular yeai ("A Slower but Steady Economy," Business Week, December, 2007). Well, all 54 economists in the Business Week poll were wrong. 2008 turned out to be the year of what is now called "The Great Recession." The economy sank, unemployment skyrocketed, and things were pretty dismal all the way around. What's worse, in my opinion, is that in December 2008, Business Week ran another piece with the same title (A Slower but Steady Economy) stating "The economy will begin 2009 mired in a long and deep recession, before a tepid start toward recovery in the second half. That's the view of the 45 economists in Business Week's annual economic outlook survey" ("A Slower but Steady Economy," Business Week, December, 2007). What I find so troubling is that there is no mention as to the prior yearls survey and how all of these same economists were 100% wrong with their forecast. That brings me back to where I started two weeks ago: it's important to pay attention to the accuracy of the so-called "pundit.." The media will continually trot out the same "experts" year after year, with rarely any reference to whether that "expert" has been right or wrong in the past. Philip Tetlock, a professor of organizational behavior at the Haas-Business School at the University of California-Berkeley, is an expert on experts and has done some very interesting studies (for example, see "Why the experts missed the crash," Money, February 18, 2009). Tetlock's research has produced some startling findings, one of which is that the bigger the media profile of the expert, the ' LUERS, & DYER CPAS, LLP CERTIFIED PUBLIC ACCOUNTANTS 760 765-0343 REBECCAorJAN@LuersCPA.com www.LuersCPA.com Wynola center, 4367 Hwy. 78, Suite l 12 Santa Ysabel, CA 92070 May 9, 2012 less a%curate his predictions are. Definitely food for thought. It's fine to listen to the "experts," but it is equally important to think for yourself. The material contained herein is Tim Taschler's opinion, does not necessarily reflect Stifel Nicolaus' opinion, and is not intended as investment advice. Information and analysis above are derived from sources and utilizing methods believed reliable Tim Taschler is a Senior Vice President/Investments with Stifel, Nicolaus & Company, Incorporated, Member SIPC and New York Stock Exchange, and can be contacted in the Del Mar office at (858) 755-1614. Liberty is always dangerous, but it is the safest thing we have. -- Harry Emerson Fosdick Crude 0il I U.S. Dollar I S&P I Is your portfolio properly positioned to take advantage of today's environment? If your advisor has not set an appointment to review your investments, we offer free consultations. Tim Taschler Senior Vice PresidentInvestments (858) 755-1614 taschlert@stifel.com 12544 High Bluff D}ive, Suite 190 San Diego, California 92130 Stifel, Nicolaus & Company, Incorporated Member SIPC and NYSE