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Take advantage of higher IRA contribution limits

For the first time since 2008, contribution limits have risen for one of the most popular retirement savings vehicles available: the IRA. This means you’ve got a greater opportunity to put more money away for your “golden years.” Effective Jan. 1, you can now put in up to $5,500 (up…
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PC Chamber celebrates Beacon’s 30th year

My personal thanks to all who turned out, or wanted to, for last Thursday’s PC Chamber Business After Hours at the 1812 Restaurant in the Island House. According to Laura Schlachter at the Chamber, they counted 110 business cards turned in for registration, but the estimate of the number attending…
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Investing is a marathon, not a sprint

If you look at investing in terms of an athletic event, it’s more of a marathon than a sprint. So as an investor, you can learn a few things from marathoners. First, be prepared. Marathoners train for months, and sometimes years. As an investor, you can prepare by learning about…
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Bundle up, ice fishing season may be here

Well it was inevitable…last week’s 60-degree temperatures were just not going to stick around. It is January along the shores of Lake Erie. Actually, there are some significant silver linings to these cold temperatures. First, the lake is freezing over and frozen water (ice) doesn’t evaporate. One of the primary…
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