Friday, March 25, 2011

Short Takes: Identity-Theft Mortgages and more

Gail Vaz-Oxlade offers some straight-from-the-hip advice about not being suckered into taking on loans (in a post no longer online). I found the most interesting part of her advice to readers to be her assertion that you don’t need to keep a secured line of credit backed against your home to protect against identity thieves who try to take a mortgage out in your name. She says that courts side with the original owner. This is an area where it is easy to scare homeowners and I’d like to understand it better.

Rob Carrick advises us to choose an investment strategy that is as rational as we can live with. I’d extend this line of thinking to say that as we learn more about investing and the inevitable ups and downs of the markets, it becomes easier to control emotions and tolerate more financial turbulence.

Big Cajun Man has an important message about periodically changing your online banking passwords.

Million Dollar Journey explains the many tax issues of buying property in Florida. If this doesn’t scare you off buying in Florida, then nothing will.

Money Smarts has a detailed review of Interactive Brokers.


  1. Thanks for the mention.

    I won't be buying land in FLA or anywhere else, anytime soon.

  2. A belated thanks for the mention!