Tag Archive | "investment basics"
APR Explained
The APR, or Annual Percentage Rate, is the interest rate placed on credit cards. Recently, many banks have sent out notices notifying customers that their APR will be raised as of the first of March. The reason for this change is to “maintain profitability.” How does the APR affect your monthly bill? This depends in large [...]
Continue reading...What Is an Interest-Only Option?
Thursday, August 20, 2009
When you take out a loan or buy merchandise with a credit card, the payments you make each month are paid against the principal of the loan and the interest accrued. For refinancing mortgages, the same holds true - with one exception. If you decide on an interest-only option payment plan, you pay the interest only [...]
Continue reading...Research Before You Apply
Monday, August 17, 2009
During this economic crisis, many lenders are withdrawing from programs designed to afford students the opportunity to attend a college or university.In an effort to ascertain what types of grants, or loans are available, it is necessary to research before you apply. The internet will afford you the ability to do so. If [...]
Continue reading...Self-Accounting: How To Get A Grip On Spending
Friday, August 14, 2009
This recession has turned most of us into accountants. With family budgets, keeping track of daily expenditures, ensuring there is enough money set aside for that very rainy day – yes, we are all becoming well-versed in how to better handle our household savings. Perhaps you have your own accounting system that works for you. Here [...]
Continue reading...Stock Quotes Online
Thursday, July 9, 2009
A stock quote tells you crucial information about a stock, share or index, especially for online trading. Stock quotes usually contain the latest price of the stock, as well as net and percentage price changes, highs and lows for the stock and trading volume. A stock quote tells you crucial information about a stock, share or [...]
Continue reading...Option Trading Strategies
Thursday, July 9, 2009
Generally, an Options Trading Strategy involves the simultaneous purchase and/or sale of different option contracts, also known as an Option Combination. I say generally because there are such a wide variety of option strategies that use multiple legs as their structure, however, even a one legged Long Call Option can be viewed as an option [...]
Continue reading...Energy-Saving Frugal Tips
Thursday, July 9, 2009
We have been hearing about energy conservation for years, but it is only recently that it has come to the forefront of most discussions for household savings. There are ways we can save money by being more energy efficient. Here are some tips you can utilize in your home to conserve energy and thus realize a [...]
Continue reading...Margin Trading: Borrowing Money To Pay for Stocks
Wednesday, July 8, 2009
Margin trading is borrowing money from your broker to buy a stock and using your investment as collateral. Investors generally use margin to increase their purchasing power so that they can own more stock without fully paying for it. But margin exposes investors to the potential for higher losses. Here’s what you need to know [...]
Continue reading...Day Trading: Your Dollars at Risk
Wednesday, July 8, 2009
Source: sec.gov Day trading practitioners rapidly buy and sell stocks throughout the day in the hope that their stocks will continue climbing or falling in value for the seconds to minutes they own the stock, allowing them to lock in quick profits. Day traders usually buy on borrowed money, hoping that they will reap higher [...]
Continue reading...Save Money while Cleaning around the House
Wednesday, July 8, 2009
If you take inventory of all of the cleaning agents you have in your home and add up the price of each, you may surprised to learn that you are spending a small fortune on cleaning supplies alone which can be used for household savings. There is a general consensus among consumers that there are only [...]
Continue reading...How to find the best Accountant
Tuesday, July 7, 2009
Source: barkleyassoc.com Often it is hard to know what makes good chartered accountants, but there are some qualities that a good accountant needs to have, such as being able to establish a rapport with clients and establish a trusting relationship. This article looks at different ways to find a good accountant who can help clients [...]
Continue reading...What Can a Licensed Insurance Agent Do For Me?
Tuesday, July 7, 2009
A licensed insurance agent can be a valuable resource for your personal finance. You would visit a travel agent to discuss destinations, rates, and obtain the latest updates only a travel agent could provide; a licensed insurance agent works in a similar way. Let’s assume you need a specific type of insurance. An insurance agent can [...]
Continue reading...Learning Options Trading
Monday, July 6, 2009
Source: options-trading.onlinetrading-tips.com If you leaf through the business section of major broadsheets, you will mostly likely notice that some company executives employ strategies called options trading as part of their annual salaries or as bonuses for jobs done well. But what are options, really? Are they similar to stocks? What does it mean when they say [...]
Continue reading...What Is a Low Price Guarantee?
Friday, July 3, 2009
By Donna L Montaldo, About.com Basically a Low Price Guarantee policy in shopping states that a store promises to match the price or services of its competitors. This can cover a wide range of products, from big ticket items like washer and dryers, to low price items including grocery and drug store purchases. Every Price Guarantee is [...]
Continue reading...Start young with Passive Income
Friday, July 3, 2009
That means start now. Let time work for you, not against you. The longer your investment fund grows, the more money you’ll have. Even if you invest very conservatively, time and the magic of compound interest of passive income will serve you well. Don’t be someone who says: “Oh, I wish I started ten years ago. Look [...]
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Friday, August 21, 2009
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