Posts from ‘September, 2009’

A Living Trust or Revocable Trust, or a Revocable Living Trust, are the same Trust. The word “revocable” says it all. The “Grantor” the guy with the assets, transfers his assets to a “Trust” where he is the “Trustee” for the benefit of all “Beneficiaries”, which includes him and others. In other words he has [...]

The essence of technical analysis involves studying of past financial market data to forecast price trends and make an investment decision based on this. Technical analysis only takes into consideration price behavior of the market. Unlike in value investing, technical analysis doesnt care about the value of a company.
What’s the use of analyzing [...]

Balance transfer credit cards can provide an excellent option for debt consolidation. Many Americans are currently in debt and struggling for a way out. Some choose to use a home equity loan to help get themselves out of debt, but not everyone has a home with built up equity to use for this [...]

With all of the hoopla going around about the reverse mortgage for senior program in the U.S., you would think it is the next great salvation for senior citizens on fixed income. Before we jump to that conclusion, let’s investigate some of the pro’s and con’s of reverse mortgages.
Advantages and Benefits
The very best thing [...]

If you are starting to dread your monthly credit card statements it is well worth considering changing credit card providers, especially if you are struggling to keep up with the minimum payments and are seeing the interest charges on your present credit card grow. The credit card market is highly competitive, which means the consumer [...]

Unfortunately, most people don’t attempt to get their debt under control until it is too late. Once you have bad credit, it is difficult to get it under control, especially if you have a costly lifestyle. While anyone can get hit with an unexpected expense, there are a number of things you can do to [...]

Today, selecting the proper credit card can be a bit confusing to say the least. There are literally hundreds of offers from the major institutions eagerly competing for your business. The easiest way to shop for a credit card is to break them down into categories. There are seven major categories that all credit cards [...]

The last days of a month are always the same for each and every one. You wait for your next pay check and always try to save money for the last days of the month. Despite all this, instances do occur which are not under your control. If you are a bad credit debtor, you [...]

One of the best ways to pay off debt is getting a home equity loan or 2nd mortgage which will allow you to consolidate all your debts into one monthly payment. The majority of consumers in this country are over burdened with credit card debt, consumer loans, car loans and other financed items. Paying off [...]

My father is a fairly well-to-do businessman. As a kid growing up, I never understood why Dad never bought a new car. He always came home with a used car and I thought it was because we were poor. As an adult, I now understand that buying a used car was part [...]