For property owners that have been watching the story of rising
and falling home values, there is no better time than now to look
into getting your property taxes reduced.
A recent report from the National Taxpayers Union finds that up
to 60 percent of U.S. homes are over-assessed. The study also finds
only about 5% of homeowners have gone through an appeal process. It
always makes sense for you to review your records to be sure there
are no errors that could be costing you money (mistakes such as
miscalculating the number of beds/baths, etc.). Another thing you
want to do is check comparable homes that had recently been sold in
your neighborhood, to see how prices are tracking and how that
compares to your current assessment. You may be sitting on a decent
windfall from reduced property taxes that you could be putting to
work in high-quality dividend-paying stocks.
Looking at today's market, investors are coming out of the gate
a bit slowly. We're seeing lots of chatter about Fed Chairman Ben
Bernanke's appearance on CBS' 60 Minutes program, in which he said
the Federal Reserve is ready to do whatever it takes to prevent the
U.S. economy from turning down once again.
It was a mixed start for the week with some plays seeing red,
such as FedEx (
) and Yum Brands (
). Commodity names Freeport McMoran (
) and Massey Energy (
) rose on continued interest from traders. Barnes & Noble (
) saw an early pop on a potential private equity/Border's Group
bid. Interesting to see the bid, as I am trying to picture where
the new growth will come from in the book retailing space. There is
certainly room for one big book retailing play, but without growth,
the purchase seems to be about consolidation, cutting stores and
employees, and really what else?
For investors/traders that have ever thought about
short-selling, be sure to
check today's video
from Tom and myself on this very fascinating and super-tough way to
I hope everyone had a chance to check out our Dividend.com
Premium members-only weekend articles - we've added three new
features and will be highlighting some of the biggest winners and
losers from the week that was, in regards to analyst upgrades,
downgrades, as well as earnings/story stocks.
If you're newer to our site, you'll also want to view our "How
to Use Our 'Best Dividend Stocks' List" video below. And as always,
check out our industry-leading
Best Dividend Stocks
list for the top dividend names to put money into right now.
Thanks for reading, and I'll see you tomorrow!
Be sure to visit our complete recommended list of the
Best Dividend Stocks
, as well as a detailed explanation of
our ratings system here
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