The financially ailing citizens of America have been looking upwards towards the government to get out of debt. The major debts which have been worrying individuals are:1. Credit card debts2. MortgageCredit card debt being an unsecured debt has extremely high interest rate and any non payment towards it makes the debt bill bigger and bigger. Averagely the debt bill of an average American is around $10000 on credit cards. This voluminous size of...more
Many of the major media outlets are reporting every day about the demise of the dollar. And so many of them are also simultaneously reporting about economic stimuli and potential tax increases coming out of Washington. What most of these outlets fail to do is report on how all of these events are connected.What else they fail to do (and much sadder, although not surprising) is their lack of reporting when it comes to what investors should do to...more
Small-cap investors have to be wary of the risks they take. Yes, its true that penny stocks are leading a potential rebound on Wall Street, and paving the way for economic recovery. But there are many roadblocks along the way. And wise investors are ones who do their research on any stock small-cap or otherwise before putting their hard-earned money into it.Before following the herd and going for whats popular, its best to know if a penny stock has any real value, and any real chance for consistent growth. If those traits arent there and if there are other red flags flying just move ahead to the next stock. Dont waste your effort.With that said, once you find the right penny stocks, you can go ahead and put your money down in them and watch it grow. But how are you supposed to know when a small-cap has reached its peak and wont go further? Well, we here at Penny Sleuth have a proved strategy that can help you outUse Stop Loss Orders to Protect Your GainsThe best defense is a good offense. Though the adage may be overused these days, it holds that the surest way to victory is often achieved through action not just by waiting for your enemy to attack. The same is true of...more
Purchasing investment real estate for the first time can be a uniquely gratifying and frightening experience that combined with the current tough lending economy will deter many new property investors who would like to enter the market. It is absolutely imperative to remember that this situation we find ourselves neck deep in is not permanent. It...more
In the several months that have past, the mortgage loaning business has started picking up. This is because banks and mortgage institutions have started offering the lowest mortgage refinancing rates in the history of this business.This has contributed heavily to the picking up of these businesses. In the past week, you will find that the average...more
Bad credit has usually terrible consequences for the finances of those that suffer it. Particularly, when it comes to obtaining funding for any purpose, the costs associated with financing for those with a bad credit score or history are significantly higher than that of those with a regular credit for similar financial products. The costs are also affected by other variables like the type of product under consideration but the credit score issue is probably the most important factor.Knowing how credit score affects the costs of financing will not solve the problem. Yet, it will let us analyze and find the tools available for counteracting the consequences of a bad credit score on the costs of financing. These tools are available to most applicants and imply certain sacrifices but they will provide the necessary remedies against this problem and eventually let the applicant to repair credit and obtain more advantageous conditions on financial products. How Credit Score Affects The Costs Of FinancingThe main variable that affects the costs of a certain loan type is the default ratio of that loans. It may sound unfair since you are an individual and you do not plan on defaulting on...more
Saving for your retirement is an excellent cause, but the amount that most people put aside for their retirement is often not updated with recent pricing taken into account, with the result that the funds put aside for retirement will not lead to the...more
When many people think of John Cummuta's Transforming Debt Into Wealth System they may be thinking that this is too good to be true. He says you can eliminate all your debts including your credit card debt and your home mortgage in 5 to 7 years with...more
An individual voluntary agreement is a good option for anyone who is in a lot of debt and is struggling to find a way to meet their payments each month. An IVA is a better alternative to bankruptcy and one that people would be urged to take. The...more
I have spoken to a couple of people who have had problems with writing that all important father of the bride speech and looking for a solution they turned to the internet and sure enough there was a vast of information that was available right at...more
You are what your personality makes you. The same goes in the world of trading. The trading style that you choose for yourself should match your personality. You should only take up day trading if you have the right personality for it, otherwise...more
A debt settlement company belongs to the service industry where they help customers in financial trouble in lowering the debt bill by 50% or more. Spotting a settlement company is not tough. You can find them in your neighborhood or when you go...more