Archive | May, 2010

What Is Shortselling — And Is It Evil?

31. May 2010

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What Is Shortselling — And Is It Evil?

The media, along with politicians, love to lambaste shortsellers and claim that they are the culprits behind stock market declines. When you sell short a stock you are betting that it will go down. Logistically, you “borrow” shares of the stock with a future promise to return them, and then you sell those shares on […]

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Is Debt Consolidation The Right Choice For You?

27. May 2010

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Is Debt Consolidation The Right Choice For You?

Ads for debt consolidation are omnipresent on television, radio and the Internet. What exactly is debt consolidation? Many of us have a multiplicity of bills — store cards, credit cards, car payment, medical bills, etc. Debt Consolidation aims to combine all of your outstanding debts into one new single debt — ideally with a lower […]

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Ways to attain relief from credit card debts

26. May 2010

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Are you neck-deep in credit card debt? Are you getting warning calls from your creditors? There is nothing to worry as here are some smart solutions to your credit card debt problems. Smart solutions to credit card debt Debt Settlement: Debt settlement is a process where there is negotiation with the credit card company to […]

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Trade Like the Professionals By Using ETFs

24. May 2010

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Trade Like the Professionals By Using ETFs

It used to be that only hedge funds and high net worth individuals could include instruments like commodities, currencies and sophisticated index-based derivatives within their aggregate portfolios. Now, using the power of Exchange Traded Funds (ETF’s), the individual investor can now take advantage of the movement of precious metals, currencies, commodities or market sector indices […]

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Student Loans – Are They Worth It

17. May 2010

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Student Loans – Are They Worth It

It has always been axiomatic that higher education translates to increased earning power. Traditionally, educational options, along with corresponding financing, were relatively clear-cut. Students graduating high school would seek to attend an accredited brick and mortar university, and they would pay for it with a low-interest government backed student loans. However, times have now greatly […]

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What the &%*# is Happening In Greece — And Will It Affect Me?

16. May 2010

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What the &%*# is Happening In Greece — And Will It Affect Me?

Europe is in crisis. You’ve surely witnessed scenes of rioting and anarchy playing out on the streets of one of the world’s oldest democracies. What exactly is happening in Europe? Think of the EU (European Union) as your family. One family member (Greece) engages in reckless financial practices and runs up a huge amount of […]

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HelloWallet Seeks To Help Struggling Consumers

9. May 2010

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HelloWallet Seeks To Help Struggling Consumers

A new financial advice website, HelloWallet.com, has recently launched. The site is the brainchild of founder Matt Fellowes who came upon the HelloWallet concept while doing research for the prestigious Brookings Institution. Fellowes ascertained that average Americans lose over $100 billion each year due to a lack of financial information resulting in bad decisions when […]

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Cosigning For Your Kid’s Credit Card

9. May 2010

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Cosigning For Your Kid’s Credit Card

It used to be that any college student with a pulse was bombarded with a multiplicity of credit card offers. Each issuer had a student card program, and the issue of needing a cosigner never came into play. Many students obtained these credit cards, and, unfortunately, an appreciable number of them got in over their […]

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The Basics of Budgeting

2. May 2010

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The Basics of Budgeting

Everybody you talk to these days seems to have their own idea about what budgeting means. Usually, it is an abstract idea related to saving and making a general effort to use money wisely. These are good principles, but they are not specific enough to really get the benefits of having a solid budget. Those […]

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How To Stop Impulse Buying

2. May 2010

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How To Stop Impulse Buying

For some people, shopping is a form of therapy. Others get obsessed with big ticket gadgets and always feel the need to get the latest and greatest toy. It seems innocent, but this can be a real problem and prevent you from using that money in a much better way. To keep yourself from making […]

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Pay Your Mortgage Off Quicker With This Trick

2. May 2010

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Pay Your Mortgage Off Quicker With This Trick

Homeowners typically pay their mortgage once per month on a fixed due date, but with a slight change can take years off their mortgage. The trick is paying biweekly. If you send in a check for half of your mortgage payment every two weeks, it ends up being 13 months worth of payments by the […]

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The Low Down On Debt Consolidation

2. May 2010

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The Low Down On Debt Consolidation

There are many complicated details when it comes to debt, but for those in a tough situation, the first order of business is lowering your monthly payment by any means. This is where debt consolidation can be a good option, and before moving ahead with it, there are a few key things you need to […]

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Cutting Costs At The Supermarket

2. May 2010

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Cutting Costs At The Supermarket

Improving your financial situation requires a double edged approach. You have to boost your income while decreasing spending. For many people, spending on food is a major cost and can be easily cut with some simple techniques. Use these tips to reduce your bill at the market and leave more cash in your pocket. Buy […]

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Paying Off Multiple Credit Cards

2. May 2010

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Paying Off Multiple Credit Cards

One of the things that got us into this economic mess was the wholesale nba jerseys availability of easy credit. A few years ago, it seemed that they were handing out credit cards on the street to anyone who wanted one, and as a result, too many people got too many cards. As times got […]

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