One question almost every investor asks at some point is whether it is possible to achieve above market returns by selecting a diversified group of stocks according to some formula, rather than having to evaluate each stock from every angle. There are obvious advantages to such a formulaic approach. For the individual, the amount of time and effort spent caring for his investments would be reduced, leaving more time for him to spend on more...more
Equity loans were developed to help homeowners up the equity on their home in order to makeprofit, or else take out another loan on the home. Home value goes up each year, making the homeworth more everyday that it exists. Home's equity then is the total worth of the property, minus theamount the homeowner is paying on the home. Equity loans then are borrowed cash and the homeowner puts up collateral, which in most cases isthe home. There are...more
Many people who know in the back of their minds that they got the possibility to transform a monthly payment or annuity long term payments into a big lump sum and by that to relieve some temporarily financial problems, or need to buy a new car or a house or help their children and so forth are tempted to exercise this process into action.Although it is a very natural feeling and sometimes even a real life need or deep inner quest for power and control, it is not in their best financial interest to say the least.It is no wonder that the U.S federal laws encourage long term payments in both cases like Structured settlements and lottery winnings. There are many good reasons for that and I'm going to spell them out as clear as I can.- In some countries around the world it is legal to pay for lottery winning in one lump sum. Experience shows many of these people lose most or all of their money in a few years time, due to the following reasons:- Ordinary people who get into their possession a very large sum of money don't really know how to manage their treasure or how to invest it wisely, they are not prepared for it and they are overwhelmed with a delusion of over abundance of wealth,...more
Credit cards, personal loans, mortgages and other forms of personal credit are an everyday part of financial life for all UK consumers. Looking at the figures for UK personal debt shows that Britain appears to be addicted to borrowing money and still continues obtaining more from the financial institutions. By the end of 2005 the UK personal debt...more
I've been jobless for quite some time now! Am I worried about it? No way. I have decided to take my own destiny in my hands and join the many entrepreneurs in self employment. Not just self-employment, but home based business.What is the difference between self employment and home based business? Just this - if you take a break and go skiing...more
What worse could have happened to the US economy then the 9th September 2001? Some perverted religious fanatics demolished the embodiment of the world trade. Terrorism is a threat to all the nations of the world. The human loss due to these activities cannot be condemned with words. The ruthlessness of the terror traders has an impact on each and every segment of life. The extent of these activities is extending by the day and the generally silent Europe too is feeling the cramps. The world markets face the wrath of the terrorist activities in their faces. There is an overall loss to the business in many ways. The people suddenly fear traveling through air. The airline companies themselves are more apprehensive about continuing with their normal work. Apart from the loss in passengers, the security too has to be made very tight and the loss has to be born by the companies.As a matter of fact, all sectors are put to a stand still due to these terror strikes. The direct effect of these is seen in the sudden drop in the markets. The stock prices do drop down and the trading comes to a stand still, however the business seldom stops and the markets show their cushioning effect by...more
A home equity loan enables a homeowner to secure money using his home as collateral. This is can be helpful for borrowers seeking a huge sum and those with poor credit histories. Bad credit home loan lending institutions or lenders are generally more...more
I've been jobless for quite some time now! Am I worried about it? No way. I have decided to take my own destiny in my hands and join the many entrepreneurs in self employment. Not just self-employment, but home based business.What is the difference...more
Equity is the value of a home vs. the value of the loan. Many homeowners today are searchingfor ways to increase the value in their home, payoff debts, buy a new motor vehicle, or else takea long needed vacation and few take out equity loans to...more
Whenever you start something new, you're usually scared out of your pants, and I was no exception. Oh sure, I'm a self-assured, totally confident freelancer now, but when I got started working for myself, I was sweating bullets. There's no one to...more
The term "equity value" is often used synonymously with the entire equity of a given home loan.When homeowners consider equity loans, the lender will consider the equity built in the home. If thehome is not worth the amount applied for, the homeowner...more
There are simple, common sense steps you can take to get out of debt. Unfortunately, like losing weight, they are not necessarily easy or painless - but if you stick to them, you will become debt-free.Stop Borrowing MoneyThe first step to escaping...more