C&E Executive News Filter

My husband and I are divorcing. I brought $35K into the marriage. He wants me to subtract that money from our home’s equity. I say split the equity first

‘My company may IPO and make me a millionaire’: My boyfriend and I have a cohabitation agreement. If we split, would he have a right to my money?

Dear Quentin, I’ve been with my boyfriend for 10 years and we now co-own a home together in Tennessee. A lawyer helped us create a “cohabitation agreement” for our house purchase. We’ve never lived in a common-law state and — with the exception of a joint bank account to pay for our mortgage, utilities and …

‘My company may IPO and make me a millionaire’: My boyfriend and I have a cohabitation agreement. If we split, would he have a right to my money? Read More »

Is saving half your income hard? Saving 10% is even worse

Is saving half your income hard? Saving 10% is even worse

I frequently share my story on general personal finance platforms as an example of what is possible. My wife and I achieved financial independence (defined as having accumulated greater than 25 times our annual spending in invested assets) decades earlier than most people. We accomplished this primarily by saving roughly half of our household income …

Is saving half your income hard? Saving 10% is even worse Read More »

I earn $35K, have $20K in credit-card debt, and $200K in stock. I dream of turning my studio into a rental unit and building a pool

‘They’ve shown no remorse’: My relatives agreed to rent my apartment, but they never moved in. I was stuck paying the rent for 2 months

Dear Quentin, I purchased a home in New Jersey where it’s calm and peaceful. I have a three-bedroom apartment in Brooklyn, New York. The rent is $1,900. I had a verbal rental agreement with relatives (a couple and their three children). They were experiencing some financial hardship, and I wanted to assist in some way. They agreed to …

‘They’ve shown no remorse’: My relatives agreed to rent my apartment, but they never moved in. I was stuck paying the rent for 2 months Read More »

Biden's in a race against time to get his presidency on track after his first year in office

Biden’s in a race against time to get his presidency on track after his first year in office

You know things are bad for President Biden when liberal columnists criticize him, and when the administration itself complains about media coverage and the polls. Presidents love polls when the numbers are good, but when they’re not, they’re either “fake,” as Donald Trump complained, or the methodology is faulty, as Biden staffers say now. When presidents — …

Biden’s in a race against time to get his presidency on track after his first year in office Read More »

My husband and I are divorcing. I brought $35K into the marriage. He wants me to subtract that money from our home’s equity. I say split the equity first

I paid the mortgage and child support while my ex-husband was MIA for decades. He will only sell his share in our house to our daughters. What can I do?

Dear Quentin, My divorce decree states that I have exclusive possession of the marital residence. The deed has my ex-husband’s name, and my name as his wife. I approached my ex-husband to sell the house.  He has been absent, without any knowledge of his whereabouts for several decades. He has had no contact with my …

I paid the mortgage and child support while my ex-husband was MIA for decades. He will only sell his share in our house to our daughters. What can I do? Read More »

Florida laboratory owner ran $7 million Medicare fraud, pushing expensive, unnecessary tests for patients who were worried about having COVID-19

Florida laboratory owner ran $7 million Medicare fraud, pushing expensive, unnecessary tests for patients who were worried about having COVID-19

The owner of a Florida laboratory has pleaded guilty to a $7 million Medicare fraud scheme in which he paid kickbacks to brokers for telemedicine firms and doctors to prescribe expensive but unnecessary genetic testing along with low-cost COVID-19 tests for thousands of patients. Christopher Licata, 45, of Delray Beach, Florida, admitted that his lab, …

Florida laboratory owner ran $7 million Medicare fraud, pushing expensive, unnecessary tests for patients who were worried about having COVID-19 Read More »

I earn $35K, have $20K in credit-card debt, and $200K in stock. I dream of turning my studio into a rental unit and building a pool

My brother promised to sell me his home. I rented it and spent $20,000 on drywalling. Then he sold it to someone else. Do I have any recourse?

In 2014, I was renting a three-bedroom duplex home from my brother located in Spring, Texas. Towards the end of 2015 I remarried. In late 2016 or early 2017, my brother said he would sell me the home for $55,000. I agreed.  In August 2017, Hurricane Harvey struck Houston and the surrounding areas with 48 …

My brother promised to sell me his home. I rented it and spent $20,000 on drywalling. Then he sold it to someone else. Do I have any recourse? Read More »

Four reasons why value stocks are poised to outperform growth in 2022 — and 14 stocks to consider

Four reasons why value stocks are poised to outperform growth in 2022 — and 14 stocks to consider

Investing is all about being in tune with the trends. Here’s one to be aware of for 2022: Value stocks will most likely beat their growth counterparts. The trend is already under way. Consider: * The Vanguard S&P 500 Growth Index exchange traded fund VOOG is down 5.6% year to date, while the Vanguard S&P …

Four reasons why value stocks are poised to outperform growth in 2022 — and 14 stocks to consider Read More »

CEO admits stealing $15 million from her company to finance clothing boutique, Plaza Hotel visits, and $200K on relative's wedding

CEO admits stealing $15 million from her company to finance clothing boutique, Plaza Hotel visits, and $200K on relative’s wedding

That’s some high-end embezzlement. The U.S. chief executive of a German saw-blade manufacturer has pleaded guilty to stealing $15 million from the company to bankroll a luxury clothing and furniture boutique she ran on the side. Donna Osowitt Steele, 52, of Taylorsville, N.C. had worked for Tigra USA since 1999, starting in the shipping department …

CEO admits stealing $15 million from her company to finance clothing boutique, Plaza Hotel visits, and $200K on relative’s wedding Read More »