Contrary opinion is a trading strategy that was published and made popular in the early 1980's for the commodity futures market. This is a simple trading strategy to understand, and while the logic behind this strategy can be argued back and forth because it is a radical idea, even almost 25 years since the original theory was published it can still hold true in many of our financial markets and can yield great rewards to those traders willing to...more
Do not think you are alone if you are experiencing raised levels of stress, potentially another 99,999,999 Americans are thought to be suffering the same fate! These figures are from a survey taken BEFORE THE CREDIT CRUNCH! Suggesting that one third of those polled had increased levels of stress. We are seeing some of the hardest and coldest financial times that most of us have never experienced. There has and will never be a better time to give...more
Thanks to credit and debit cards or what most like to call plastic money, many people are living in debts that they can no longer be able to control. Credit cards raise the chances of over spending because they reduce your consciousness on payment since you do not get to do any mental accounting. The route to negatively affecting your personal finances is not monitoring your spending. On the other hand, debit cards are no better either though you get to spend what is in your bank account; most banks give an automatic over draft when you spend beyond what you have. They just send you an overdraft notice and that is when you realize that you spent what you did not have. Again, this will dent your personal finances. Write down your budget so that you can keep track of how your spending compared with your net income. If you budget well, you can be able to save for a home instead of getting a mortgage. You can also save up for education and retirement. Budgeting will help you to be a good steward and administrator of your personal resources. To ensure that you live a debt free life, sit down and write down your debts from the lowest to the highest. Identify whether you can...more
Credit reference agencies are companies that collect financial data from many different sources, including, but not limited to any business who are partners or members. This information is then provided to subscribers to the credit reference agencies in order to ensure the quality of the subscribers' loaning. The bill paying and money borrowing...more
Every new and old businesses face dilemma of cash flow shortage. Having no sufficient business funds which is enough to save the endanger business may lead to failure. Many business owners were forced to stop or close down due to luck of available funds. Right now, owners may have the obtion of opbataning business loans just to sustain their...more
Millions of homeowners can get themselves into a 2% mortgage rate with new refinancing options from Obamas housing stimulus. This program, called the “Making Home Affordable” plan is designed to help as many as 8 million homeowners. Now, millions of people can get approved for a mortgage refinancing, save money, prevent foreclosure, and more. Here are some things people should know that will help them save money through Obamas stimulus plan. Homeowners facing financial hardships, bad credit problems, an upside down mortgage, or more, can now get approved for a mortgage refinancing with Obamas stimulus plan. This plan is designed to make it easy for a homeowner, regardless of their finances, to get a mortgage refinance that will save them money, prevent their home from being lost, or both. This is possible because of money that is going to be given to mortgage lenders and banks every time they help a homeowner, and offer them a refinance option from Obamas plan. This money enables them to take on more, and riskier borrowers. This means that the millions of homeowners with problems, can get help. This money is also being used to keep overall mortgage interest...more
If you're thinking about getting lap band surgery or an adjustable band surgery or any type of weight loss surgery, you're probably wondering what it costs and how you're going to finance or pay for it.First, if you're insured now or have a health...more
Huge numbers of British borrowers are overextended and their debt problems are potentially very serious, credit cards nationally are at their highest debt levels ever recorded, many people are struggling to pay their mortgages, and even the basic...more
If you are struggling to make your monthly payments, it is a relief to learn about the possibility of a loan modification. It is a terrible feeling to live in fear of defaulting on your mortgage and losing your house to foreclosure. A loan...more
Many homeowners are not aware of the need to write a hardship letter as part of their home loan modification application. Those who know they need one are often not sure of what to put in it.Writing this letter will take time and effort, but it will...more
There are a large number of people who fancy to have a beautiful cottage on this Mediterranean coast. But after getting used to the new life in Spain, one of the most crucial jobs you will need to do is opening account in the local banks. To be...more
Just because your lender is demanding money from you, does not mean that your lender wants to see you fail. Learn to write a mortgage modification hardship letter in order to succeed in writing this very important part of your home loan modification...more