In Boston, Harbor Towers condominium owners were hit last year with the $75 million special assessment to replace the electrical, heating, air conditioning and ventilation systems in the two aging 4-story buildings.
We believe that the sooner you get serious about investing, the longer lasting your financial success is likely to be. But as countless community associations, board members and individuals have discovered, the hardest part about investment planning is getting started.
While saving for retirement is often portrayed as an awesome — if not outright impossible — task, my experience causes me to take a different view.
How can you instill financial confidence for you and your community? The term financial confidence means different things to different people. To the small business owner, it may be just enough cash to cover the weekly payroll, taxes, or insurance.
