A lot of people have been 'burnt' from scam operations on the Internet. Their sites may look so perfectly legitimate that you doubt whether they would have gone through all that trouble building a trading platform just to steal your money. Beware. The first thing I look for is the geographical location of the broker. If I find that they are based in a country where the financial industry is, in my opinion, relatively unregulated and...more
You've has a tough day, maybe even a tough month. I walk up to you and utter these words, "You are responsible for your results."What do you think about that?When you hear me say that you're totally responsible for the results you produce in your business---you might jump to a conclusion. You may even think that I'm suggesting that you should take the blame for your results.Nothing could be further from the truth.By taking responsibility for your...more
How old is your mortgage? If you took out your mortgage more than a couple of years ago, it may be a good idea to consider refinancing the loan. As house prices continue to rise you may be able to get a considerably better rate. Your mortgage rate will depend on many factors such as the value of your home, your income, your credit score and prevailing interest rates in the economy in general. The fact is that many of these factors will have changed for most people since they took out their mortgage. Across the country, house prices have continued to rise at a good rate. Almost everyone's house is worth more today than it was when he or she bought it. Add to this the fact that your income may have increased significantly in the last couple of years. It's not something that's guaranteed for anyone, but if your income has increased significantly over the last couple of years, then that may be something that would affect the terms of a mortgage. If you've been on time with loan and other credit repayments, have had a steady job and been living in the same address for quite a while, your credit score will also be getting better and better. And the biggest factor of all, prevailing...more
Historically, the FX market was available most to major banks, multinational corporations and other participants who traded in large transaction sizes and volumes. Small-scale traders including individuals like you and I, had little access to this market for such a long time. Now with the advent of the Internet and technology, FX trading is...more
Many of us, especially those who have found themselves in debts for the first time, will laugh off the suggestion for debt consolidation help. Where does debt consolidation help figure in the scheme of things? Not anywhere if some people are to be believed. This is what they have to say. Give us the sum and we will disburse the amount ourselves....more
Refinancing your current mortgage is a wise financial decision if you can recoup the costs of a refi. An average refinancing deal, you can expect to pay between two and six percent of the loan amount if fees and points. On average if you can lower your interest rate by two points, then you will usually come out ahead in the end.Normal Mortgage CostsRefinancing your home is just like taking out your mortgage the first time. All the loan costs you paid for your original mortgage, you will have to pay again. Usually these had up to $2000 in fees plus at least one point. Fees will be included for application, appraisal, survey, attorney review, and title search.Besides the loan origination fee of 1%, you can also expect to pay a couple of points for lower rates. Points are flexible though. You can choose to pay no points for a higher rate, or a couple of points for lower rates. Base your decision on how cost effective points would be. Using an online mortgage calculator can help you figure the costs and savings of each option.Extra Fees For RefinancingBesides regular mortgage fees, you may get stung on a prepayment penalty or private mortgage insurance. Prepayment fees are prohibited...more
I'm sure you know what pre-foreclosure is. But do you know buying a pre-foreclosure can actually save you up to 40% of the market value of the pre-foreclosure house? Or you are actually already thinking to buy a pre-foreclosure? Either way, you will...more
Credit cards are just like any form of credit, you should shop around to find the best deal. Depending on your situation, you may want to find a card with low rates, a reward program, or a 0% APR for transfers. Make sure you look at several credit...more
The Financial Services Authority (FSA) has been investigating the way Payment Protection Insurance is being sold by loan providers which include some of the UK's biggest banks and building societies. And it's big business. Sales of PPI as it's...more
Sometimes people won't listen to solid advice unless it directly effects them. Unfortunately, some people simply need to learn the hard way before they make more sound decisions. This can be seen almost every time suretyship makes its way to the...more
Buying pre-foreclosure is said to be very prosperous in return. What say you? There are abundant of advantages in buying pre-foreclosure and 1 of them is getting under market value pre-foreclosure home. If you are an investor, then for sure buying...more
In this Forex course we will review some steps you need to take care before you venture into your trading journey. Most traders venture into the Forex market with little or no experience in the Forex market. This results in painful experiences like...more