Each day, traders all over the world open their trading platforms, analyze their charts, and begin executing buy and sell orders on all types of assets. And each day, traders all over the world make the same basic trading mistakes. In this article, we are going to highlight a few of the most common mistakes [...]
Believe it or not, consumers with high FICO scores, between 760 – 789, were more likely to default on their home loan than their unsecured credit card debt. According to the analysis in FICO Score Trends, recent repayment behavior across the financial services industry has shifted significantly from historical trends. This creates the perception that credit scores aren’t as accurate as they used to be.
We get asked this question a lot and the answer is not always clear, but with the recent failures of AIG and other financial services companies, now is a good time to ask yourself whether or not to consider switching insurance providers. Its worth at least considering this question anytime your auto, home, life or [...]
Today was yet another Toad’s Wild Ride on Wall Street; down 400 and then back up 400 points and nobody knew if the day would end up or down. And let’s not expect it to end any time soon. I like what Cramer has to say about the market right now; if you need your [...]
What news we have from Wall Street these days. The government will bail out Fannie Mae and Freddie Mac to the tune of $700 billion or more. Wall Street has temporarily banned short selling! And while these developments should help calm the markets, everyone is on edge as the finance sector struggles to turmoil, affecting [...]
Well, with all the bad news on Wall Street this week about AIG, Merrill Lynch and Lehman Brothers, it’s no wonder you’re worried about your retirement fund, pension, annuity or other investments! I mean this is the first time in years I can remember mainstream media people use the phrase “bank run”! But seriously, if [...]
How confident are you that your insurance company is on safe financial ground? Read on to learn what’s happening in the insurance industry and how to be sure you can count on your insurer in times of need.
As a contrarian investor I look at today (9/15/2008) as a potential harbinger that the markets are nearing a bottom. This makes me believe that 2009 promises the turning of a new leaf!
Did you know that the government mandates that you can get your credit report once a year ABSOLUTLEY FREE? Most people don’t know this and pay $20, $40 or even more to get their credit report, accepting that a fee is required in order to know about late payments, outstanding debts and other details about [...]
Think you can live without good auto or homeowners’ insurance? Well, if you consider that all insurance is based on probability and statistical outcomes, then you might be inclined to try going without any insurance and save a bunch of money. People who don’t plan ahead and can’t be bothered with all the various types [...]