Finding the Right Mortgage After you have determined how much home you can afford, it is time to shop for the right mortgage. Since you are likely to be financing a loan for hundreds of thousands of dollars, it is crucial that you make a smart decision. A bad mortgage can significantly affect your finances …
Category Archive: Investing Plan
Feb 16
Have goals and stick to them
Have goals and stick to them Getting out a loan when you are already in debt up to your ears may sound like a bad idea but it’s not. Actually if you can use your unsecured personal loan on paying back what you owe, your credit score will automatically improve and new options will open …
Dec 26
Guard Against Using Old Information when Analyzing Stocks
Analyzing companies in a volatile market can be frustrating and, if you’re not careful, can lead to bad investment decisions. Here is the problem: most investors rely on information about a company that comes from reports required by the Securities and Exchange Commission. The best known of these reports is the annual report, however companies …
Dec 19
Piggyback Loans
Definition: In most instances, piggyback loans represent 100% mortgage financing, meaning the buyer has chosen to not put down any money but to finance the entire purchase price. A typical piggyback situation is an 80% first mortgage and a 20% second mortgage. If the buyer put down 5%, the first mortgage would still be 80%, …
Oct 26
How to Profit from Insider Trading
You should cruise a little insider trading. Don’t people go to prison for that, we say. Yes, a little do, nonetheless most get off but prison time. Just for a record, Martha Stewart didn’t go to prison for insider trading, she got destitute for fibbing about it to sovereign authorities. What I’m suggesting is ideally …