You have an upper hand when it comes to dealing with debt collectors. If you know how to tackle debt collectors you definitely can walk away with the best deal from debt collection harassment.The Fair Debt Collection Practices Act (FDCPA) is a federal statute enforced by the Federal Trade Commission (FTC) to regulate debt collection practices. The FDCPA does not cover original creditors in this regard.The FDCPA came into being to prohibit the...more
Barbecue grills may be bought in hardware stores like Ace and many more around the world. These grills are consumer items that enable you to cook different varieties of food by means of charcoal or briquettes to provide that distinct, smoky flavor which simply never fails to tempt someone into eating a great deal of food.Barbecue grills have a price. When a service or product costs money that means that there are ways for you to be able to reduce...more
Good afternoon,Yesterday we purchased shares in QBE Insurance Group for around 15% of the MDA portfolio at $20.93. QBE shares trade a narrow technical range of between $20 on the downside and $25 at the upper end. At a purchase price around $21, the stock is near the bottom of this range after once again holding $20 support. Trading on a dividend yield of 6.1% and a PE ratio of 10.5 times current year earnings, the valuation looks compelling, and we see no reason why the stock shouldn't continue to trade in the range it has historically traded.Fundamentally, the recent 2009 results were received quite coolly by the market, with the stock off around 10% since the day before the result. Delving into the numbers we find an interesting management forecast; with every 1% rise in global interest rates, an additional $316M in NPAT is delivered to the bottom line. Something that will no doubt make the stock a 'must have' exposure for many managed funds given we are in a rising interst rate cycle. This is reflective of the conservative style that QBE invests the premium policy income it receives. We know domestic rate increases are happening quickly, so rises in global interest rates (once...more
Good afternoon,On Wednesday we made the decision to purchase Harvey Norman (HVN) shares for 15% of the portfolio. As you know, HVN operates the Harvey Norman branded stores, and stores branded under other names such as Domayne and Norman Ross. The 264 retail complexes operate in Australia, New Zealand, Asia and Europe, however the majority are...more
Good afternoon,Yesterday we made a purchase of Lend Lease shares for 15% of the value of the portfolio. The purchase takes our exposure in the market o 65%, with 35% remaining as cash.Lend Lease operates a property-based business, with operations that span retail, commercial and residential development, sales and investments. The company pays a...more
Good afternoon,Over the weekend the member countries of the EU and also the IMF showed the strength of their convictions and a united front saying they will do whatever it takes to stabilise the Euro zone. This show of strength occasioned us to purchase back the majority of the portfolio.The market opened just 35 points higher than Friday's close, and having pre-researched a number of companies over the weekend we made the following purchases:BHP - for 15% of the portfolio purchase price $38.08, closing price $39.00Woodside Petroleum - for 16% of the portfolio, purchased at $43.08 closing price $43.46National Bank - we sold this one at over $28, purchased back at $25.06, closing price $25.54Lend Lease - sold at $8.55, purchased back at $7.94, closing price $7.92.These purchases leave the portfolio 69% invested.We will expand more tomorrow on the economic rationale behind the portfolio change; but suffice to say we believe this is the first genuine opportunity to acquire quality stocks at discounted levels for our managed discretionary accounts this year.As always if you have any questions please call us at the desk.by: Hayden KerrAbout the Author:William Shaw is a boutique...more
Orofino Gold Corp., ORFG.pkORFG.pk has taken a shine to Colombia .ORFG.pk has several Gold development properties in Colombia, a current hot spot of gold production in the world markets.At the ORFG.pkSenderos de Oro project, government recorded Gold...more
Wall coat racks are objects that are fixed on walls where one can hang their coats. These are fixed for the wall tightly to guarantee that they do not detach on the wall due to the weight with the coats. The handles or hooks exactly where the coats...more
In 1978, the Fair Debt Collection Practices Act was created to eliminate abusive practices done by debt collectors and to protect consumers. Reading this article will give you more information about some unfair practices you should be aware of.In...more
If you're behind on paying your bills - and who isn't, these days? - it's tempting to let the mail pile up. After all, who wants to face yet another reminder that their financial house isn't in order? Ignoring the bills and debt collection calls can...more
With the advent of growing consumerism and easy loan facilities extended to people to leverage their future income, it happens often that people trend to take too much of loans on various grounds and formats and then are unable to service their debts...more
Being a bride is one time opportunity for every woman, and it becomes important to make it special by means of purchasing best apparel, jewellery, and so on. Now when we talk about apparel for an Indian bride, sarees are the one which come first on...more