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 leave it. You should take up swing trading if it matches your personality.What is the difference between day trading and swing trading. In day trading, you mostly close your position at the end of the...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 online, you can find ample advertisements promising debt solutions for aggrieved customers. These companies promote themselves through advertisements, word of mouth, referral programs, and telecalling...more
Most of the American citizens are facing a debt crisis is no more a secret. The turmoil of today is not an individuals story. The entire economy of America shook with its intensity of tremors. Be it banks, financial institutions, services or manufacturing industry faced its turmoil. The biggest challenge before the industry is the overload of unsecured debts which is lying unpaid on every citizens table.Credit card usage though convenient has become the biggest inconvenience today. The billing of the card industry piles on such heavy interest rate charges and late payment fees that a customer is unable to pay his entire bill. The economy lately has not been able to generate too many jobs for people due to lack of demand and liquidity in the market. This has pushed up the delinquency in the economy.To counter recession the government has injected stimulus money into the economy. This is creating sources and pockets for new jobs for citizens which are helping people in paying back their dues. The institutions are more than willing to negotiate with the customers and get back money at what ever cost. The institutions have even gone ahead and written off many debts which were in very...more
With easy availability of credit in market almost every one of us owns piles of credit cards. With high rate of interest and hidden charges, people often find themselves burdened with huge credit card bills which keep getting multiplied. With debt that can not be taken care of a person gets into a deep delinquency situation.Debt Elimination is the...more
It is extremely important that all of is should have complete control over our finances be it income or expenditure. We should be able to match up our expenses to each dollar earned. This will help to consolidate budget and find out areas of over expenses and take control of our financial need.Many of us avoid leading our life on this thumb rule of...more
Serious debt problems can lead a person to lose his sleep and peace of mind. People keep thinking about how to pay back money and get rid of debt once and for all. Getting rid of debt is an extremely good idea however the customer's financial should support the situation. The challenge is which company should be signed up for this purpose. If you go by the advertisements they paint a rosy picture and promise absolutely everything a settlement company can ever offer. Are the promises true? Can they actually help the financially ailing customer to get back to normal financial conditions.The questions are huge and need to be dealt with extreme care. There are hundreds of companies who are skilled enough to do a decent job however the challenge is to take up the right debt program to come out of this situation.Some pointers to observe when signing up a debt program.1. The debt program will depend on the situation of the customer. A good program will observe the confidentiality of the customer.2. An online debt program should help the customer to lower down the debt bill by at least 40-60% of the overall debt bill.3. There are many online programs which are run by non profit making...more
Since the year 2008 there has been a steady rise in the number of bankruptcy filed by the individuals. Bankruptcy completely mars the individual's credit file for a period of seven to ten years. The individual is in no state to take any more credits...more
Being in debt for ones entire life is not a great idea. People try lots of means and methods to come out of debt. Making lump sum payments, periodic installments are some measures which people take up to come out of debt. Many times people...more
A debt solution company was formed with the idea to service people in financial stress. They help customers in financial trouble in lowering the debt bill by 50% or more. Spotting a good company with debt solutions is a tough job. It can find them in...more
One of the main debt instrument used in the US is credit card which has been the major reason for all the economic turmoil in the life of American citizens. Due to its heavy usage among people eliminating these debts is a very difficult task. The...more
Forex markets are experiencing volatility never seen before since the early 1980s. This is the best time to trade forex as this volatility is what let's traders make profits from the market. In the last decade, retail forex trading has come of age....more
In our sinking economy, it is rare to find somebody who enjoys a stable financial situation and that is probably why everyone is trying to find a solution. Some succeed; others end up failing in more and more debts.What is the optimal solution that...more