September 26, 2009

Controlling Your Out-of-Control Property Taxes

Even in our economic downturn, property taxes across America keep going up. Why are taxes still rising, and what can you do about it? Then, we live in a world of risk and uncertainty. Yet all of us take calculated risks every day. We talk to an expert for the lowdown on risk taking.

Episode Segments:

Show Introduction
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Assessing your Property Tax Assessments Many Americans are receiving property tax assessments that do not reflect the dramatic drop in property values in the past year or so. Valerie Faltas, certified property tax appraiser, and author of The Property Tax Little Black Book explained the reasons that assessments often are not accurate, and what property owners can do to get a correct assessment of their property.
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Risk Taking : The Flaw of Average Sam L. Savage, PhD, author of The Flaw of Average: Why We Underestimate Risk in the Face of Uncertainty discussed the mistakes that companies and individuals commonly make in decision making. Too often, they rely on historical averages, an approach that typically produces grossly inaccurate predictions. He explained why averages are so deceptive and how people can used other methods to improve their decision making.
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Jumpstarting Your 401K Retirement expert Pam Villarreal believes that, after the recent turbulence in the stock market, many Americans have stopped contributing to their 401(k) or other retirement accounts. She explained why this is a bad idea, and what wise investors should do to prepare for retirement.
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