Posts Tagged ‘Banks’

Savings Accounts vs. CDs: Where to Keep Your Money in 2010?

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If you’re a savvy investor, you most certainly have a fair bit of cash tucked away for general spending and emergencies. The stock market is a long term investment and if 2009 taught us anything, it was to not have money you need to spend in the stock market. So where do you put the money you don’t want in the stock market? There’s 3 main options to place your cash and get it FDIC insured for up to $250,000. You can put your money in a checking account where you have fast and easy access to funds. You can… Read the whole article...

1 comment - What do you think?  Posted by Robert Wilkinson - January 22, 2010 at 2:20 am

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Leveraged Finance Defined

Leveraged finance relates to funding a business, a company or another investment using more debt than would be considered normal. More than normal debt is going to imply by nature that the funding is a riskier prospect, and therefore more costly than normal borrowing in general. As a result, leveraged finance options are most commonly employed in order to achieve a specific objective that is often temporary by nature. For example, the specific objective may be to make an acquisition, to effect a particular buy-out, to repurchase some shares, or to fund a dividend. Although different banks offer different… Read the whole article...

1 comment - What do you think?  Posted by Robert Wilkinson - January 14, 2010 at 12:20 pm

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Watch Out for New Credit Card Fees

With the Credit Card Act of 2009 looming, its rules will go into effect in February, credit card companies are starting to institute more fees ahead of the rules changes. A new Wall Street Journal article cites several of these new fees including $1 processing fees for printed statements, reduction in rewards programs, and fees for inactive accounts. We first talked about some issuers charging fees if you didn’t meet a certain spending threshold last August. Much like with banks, leave them if you don’t like it. I thought the comment by Christopher Moss, who… Read the whole article...

1 comment - What do you think?  Posted by Robert Wilkinson - January 5, 2010 at 8:20 pm

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The Bondage of a Debt Financed Lifestyle

Many Americans find themselves in quite the situation financially these days.  Their situation is nothing short of bondage.  They are completely trapped because of years of borrowing money to finance a lifestyle that was unattainable without debt.  They aren’t the only guilty party.  The government has encouraged it and the banking system was more than willing to loan the money. The problem is that while government can tax, print and borrow, and banks can ask for bailouts, most individuals are stuck in the bondage that they have created for themselves.  People have been living beyond their means for far too… Read the whole article...

1 comment - What do you think?  Posted by Robert Wilkinson - December 30, 2009 at 8:20 am

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Bank Accounts: When More is More

Share This Photo: Daniel Y. Go Everyone knows by now that long-term retirement planning is important, right? And you probably have some sort of budget or other system for planning daily, weekly, and monthly expenses. Great. Glad to hear it. But what about those medium-term, medium-size expenses like vacation, car repair, furniture, and holiday spending? You know, the expenses that always seem to bite you in the ass? Here’s my strategy: every time I get bitten, I open a new savings or checking account to collect… Read the whole article...

1 comment - What do you think?  Posted by Robert Wilkinson - December 22, 2009 at 6:20 pm

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Things to Have Removed from your Credit Report

If you want to repair your credit quickly, there are a number of things that you can do to fix up your credit report. In general, there are some things on your credit report that really drag your credit score down. This is a look at the seven worst possible things that you can have on your credit score, as well as an explanation of why removing them will allow you to repair your credit quickly. Most of us are already aware that some things on our credit reports are more dangerous than others. For example, going through a… Read the whole article...

1 comment - What do you think?  Posted by Robert Wilkinson - December 18, 2009 at 10:20 am

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Best Online Bank For Savings And Checking?

Which on-line bank is very best? This is not an easy query to solution merely because we all have many standards when it arrives to banking. A great place to begin is how a fantastic deal curiosity the bank is getting to invest you. Nonetheless, there are many a fantastic deal much more components to believe about prior curiosity price. 7 Issues To Believe about Before You Open An On-line Financial institution Account To make particular you have the very best possible bank for your need, be particular to appear for the subsequent capabilities: Reduced or No Expenses There are… Read the whole article...

1 comment - What do you think?  Posted by Robert Wilkinson - July 31, 2009 at 10:20 pm

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