FINANCIAL FREEDOM

Your complete guide to achieve financial freedom. Proven tips, tools and tactics for you to achieve financial freedom. Make money, save money and effectively manage your money.

Pros and Cons of Online College Degrees

Written by Dian Herdiana on 10:43 AM

Since time immemorial, earning any college degree has never been easy. That is why many people live up not to get the actual privilege of attending school to complete any college diploma. But because the landscape of education is also changing, online college degrees have become p. Thus, people who do not have the time to attend to formal college classes are given the opportunity to learn knowledge and skills that are usually taught in tertiary education institutions.

Online college degrees have advantages and disadvantages. Of course, the programs are not just full of pros. Just like any great program and opportunity, there are also cons. You may not be fully aware of such pros and cons so here you go.

Pros of online college degrees

Flexibility in time or schedules is evident. Online students could easily and conveniently attend classes at midnight, early in the morning, or whatever time their schedules permit. Thus, learners are given the rare liberty and opportunity to choose how and when to attend classes. They could attend online classes during their lunch breaks at work or sneak in several minutes during the idle hours at the office.

Online students could opt to stay at home while learning. They could attend online classes or perform online seat works whenever they have time at home. All they need to do is to sit down in front of a computer, connect to the Internet, and there goes.

Then, students need not come to formal classes in universities and colleges. Because of this, they are able to save significant amount of time staying at home or at their offices, preventing themselves from getting caught by traffic on the way to school. Because there is no need to come to classrooms, students could save not only effort and time but also money on transportation costs. Such savings could translate to significant amounts when accumulated over time.

Cons of online college degrees

Procrastination becomes a plague that hampers online students’ momentum to learn. This could not be blamed to the present curriculum but to the pacing that online students take. Online college degrees tend not to pressure students as it is their own convenience and time that they take. The usual scenario is that most online students tend to take it slowly. They could not be blamed for it because most of them have daytime jobs to attend to. They are also busy with so many other things. Studies suffer. Thus, instead of completing a degree in a prescribed period, most online students tend to extend their student lives.

Many students end up victimized by ‘diploma mills.’ Diploma mills are fake online education centers or institutions that pretend to offer online college degrees only to defraud unsuspecting online students/ victims. Diploma mills could also be identified as Internet-based schools that are there only interested in taking away your money unjustly without providing the equivalent quality education. Such centers require the most minimal actual online learning time, something some students like.

Because of the minimal amount of time used for learning, students usually learn nothing much. Beware because diploma mills could also include legal and accredited institutions that operate legally. They make online college degrees not worth it.

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Bad Credit Loan -- Let’s Cut Through the Hype!

Written by Dian Herdiana on 11:50 PM

Bad credit loans seem to be a hot topic these days. In reality, if you require a bad credit loan, you are likely to discover an overabundance of info.

See if this sounds familiar. You need a loan. Maybe you want to buy a car, enroll in college, or take out a home improvement loan. Or perhaps you are a first time home buyer and you are looking for a mortgage. The problem is, you have got a bad credit history, and you are afraid you won't be able to find a lender.

But then you do a little research on bad credit loans and find that, lo and behold, there ARE loans for people with bad credit available! In fact, EVERYONE wants to give you a loan. Loans for cars, mortgage loans, student loans, personal loans, loans for just about anything you want. Not only loans, but credit cards too. Why, who would have ever thought is would be so easy to get a loan when your credit history is so dismal?

So, that is great news, right? RIGHT?

Let's just stop for a moment. Ask yourself "Why is everyone so eager to extend credit to me when my credit history is so bad?"

The question can be answered in two words -- HIGH RATES. Sure, you can get a bad credit loan easily enough. But you will "pay through the nose" when it comes to the interest rate.

So "What's the 'big deal' about paying a little higher rate?" you ask. Let's look at a few figures.

Suppose you want to buy a car. After looking long and hard, you find the "perfect" car for $20,000. So you apply for a car loan and get a loan with no trouble, but because of your poor credit, you have to pay 20% interest. On a 60 month loan, your monthly payments will be $529.88.

Now if your credit were very good, you might have gotten the same 60 month loan at an interest rate as low as 10%, with monthly payments of $424.94.

The bottom line is, over the life of the loan you'll have paid an additional $6,296.40 in interest that you would NOT have paid if you had you gotten the loan at 10% interest. Your bad credit loan will have cost you $6,296 more FOR THE SAME CAR!

But if you believe that%u2019s bad, take a look at a home mortgage loan.

Assume you desire to buy a $100,000 home and you're just thrilled to find a lender willing to give you a 30 year loan in spite of your bad credit. He'll charge you 12% interest, and your monthly payment is going to be $1,028.61.

If your credit had not been so bad, you could have gotten the loan for a rate closer to 9%. If your credit had been very good, you might have been charged only 6% interest and your monthly payment would have been $599.55.

The bottom line? That bad credit loan will have cost you (over the 30 year term) a staggering $154,461.60 MORE than you would have paid had you gotten a loan at the 6% rate.

No, this is NOT a typo. Your lender is going to pocket $154,461.60 in alternate interest payments because you were charged a better rate for a bad credit loan. That's over 1 1/2 times the cost of the house itself!

So why did he charge you the higher rate? Because he knows he can get it! After all, he's got you "over a barrel" He knows (and you know) that you need a loan, but because of your bad credit no one's going to give you one at a low interest rate.

Do you see now why people are so eager to lend you money in spite of your bad credit? In fact, credit reporting companies make a fortune selling lenders the names of people who have bad credit. Those lenders know they can charge them high rates, and that if they need credit, they have no choice but to pay them.

So what's the solution? You may be thinking "What choice do I have anyway? My credit is bad, I need a loan to get a house (or car, college education, or whatever) and there's just nothing I can do about it except find a lender willing to give me a loan at whatever interest rate I can get"

But deliberate for a second whether you probably be looking at the condition from a entirely wrong angle. Somewhat than resign yourself to the situation, you have to be thinking about repairing your credit.

Now if you just found the house of your dreams, you may have no choice but to act now before someone else buys it. But if you can wait a couple of months, it's highly likely you can make some major improvement in your credit score and THEN look for a loan.

Maybe this isn't what you wanted to hear. After all, you're looking for a loan, NOT credit repair advice. But wouldn't it be worth it to postpone getting that house or that car if it would save you thousands, tens of thousands, or maybe even $150,000.00 or more over the long haul?

If you're thinking your bad credit history is something you're just stuck with, or that it will take years to improve, you're mistaken. It's often possible to make major improvements in your credit rating in just a few months, and in some cases in as little as 30 days!

It's not that difficult either. You basically have 2 options. You can hire a "Credit Repair Agency" or you can take the "do it yourself" approach.

If you decide to hire an agency, you can easily find one in your phone book or online. Just look for "credit repair" However, it won't be cheap. Agencies usually charge from $2,500 to $5,000 or more to repair your credit. But that's still a bargain compared to how much you'll be saving in the long run.

But if you think only a professional agency can fix your credit, think again! In spite of their high fees, they won%u2019t do anything for you that you can not easily do for yourself. If you can write a few letters, address, stamp, and mail them you can repair your own credit.

If you choose the "do it yourself" route (recommended) you can learn how by doing some online research. Unfortunately, along with all the good information you are going to find some misinformation as well. A superior choice is to discover an authoritative book on credit repair and follow the suggestion therein.

In conclusion, you should seriously consider postponing your search for a bad credit loan. First spend a couple of months improving your credit rating. Then you can abandon the search altogether, and begin looking for a GOOD credit loan!

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Money Market Savings Account Free Tips Inside

Written by Dian Herdiana on 8:58 AM

If you want to earn higher interest rates but less of the risks that are often attached to investing in stocks or bonds, then you might as well open a money market savings account. The money that you invest in this type of account is insured with the Federal Deposit Insurance Corporation (FDIC) and therefore you can be secured knowing that even if the financial institution where you have opened the account goes out of business, the government will return the money to you up to the amount that is insured and allowed by the FDIC.

Here are some free tips that are worth considering when you decide to invest in a money market savings account:

• Before you open your money market savings account, it will help to do an online checking of the different financial institutions that offer this account. You can then compare their offers and get the best interest rate possible.
• Read the reviews about money market savings account as well as the financial institutions that offer them. It is important to open the account where you will feel most comfortable doing business with and where you have the higher trust to safe keep and invest your hard-earned money.
• Make sure that you understand clearly the terms and conditions, including the fine prints, of the money market savings account that you are planning to open. Remember to consider the number of withdrawals that you are going to make in a month to conform to the set limit of withdrawals in this type of account.
• As money market savings account require higher initial opening balance as well as a higher minimum maintaining balance. Evaluate your cash situation and make sure that you will be able to comply with the minimum comfortably to earn the higher interest rate that this account offers. If you can’t conform to the minimum, then it will be impractical to invest in this type of account since the interest rate that you will earn, though higher than a regular savings account, may just go to penalties and charges.
• This brings us to the significance of checking the fees that are associated with this type of account. There can be fees or charges in exceeding the number of withdrawals allowed in a month or charges for going below the minimum maintaining balance required by the account. You should always pay particular attention to details like these.

The principle in investing in a money market savings account is to start your savings account at a higher balance, you make lesser withdrawals or none at all, and you enjoy the power to earn more from the higher interest rates. Here, you can certainly earn more from the interest as compared to a regular savings account.

Opening a money market savings account is as easy and as straightforward as opening a regular savings account. The only difference is that it requires a higher initial amount of deposit.

Since your money is guaranteed by the FDIC, you have the assurance and the peace of mind that your money is safe while it earns for you.

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Federal Grant As Debt Relief

Written by Dian Herdiana on 9:29 AM

The government offers federal grant and financial assistant to hose who are having problems recovering from debt. Because of the economic crisis affecting the country, there are a lot people who are facing that they cannot pay. Let’s just say that Mother Nature played with you and a hurricane caused destruction to your home and property, how would you be able to recover from expenses incurred for repairs? The answer is, you can try getting federal grant for debt relief.

The government can offer debt relief grants to those who have incurred the debt because of addressing health problems. For those who have incurred debts by pursuing business projects and ventures, there are small businesses associations that could offer debt relief loans which is lower compared with other money-lending institutions.

This kind of federal grant ensures that individuals and businesses would recover from being buried in debt. The government actually have helped some home owners face impeding foreclosure by providing debt grants. But the other side of this grant is that not most people know it. Of course, not too many people knowing abut the grant means lower recipients. Unspent allocation for the grants would be used for other projects.

This money which is used to help the low-income families, actually come from families in the high income bracket. These people would donate money to foundations ad charitable institutions and are used to help low-wage earners and address their needs, in this case, their debts.

To apply for a debt relief grant, consider the following steps.

• Identify how big the money problem is, how much you owe and compare it with how much you earn and how much you are spending. Debt relief grants are there to help out get rid of debt problems, but if the situation arises again the problem can be because you spend too much than what you earn.

• Based on your current situation, check what debt grants are available for you. You can check the debt grants offered by the government by going to the city hall, or you can inquire about private institutions that offer debt grants.

• Know the application procedure and follow it. There are debt relief grants with just very simple application process, while there are others which require you to write a grant proposal. Some grantors would even require you to provide your financial records like your monthly expenses, income and also number of dependents.

• History would also have an impact on the result of your debt grant application. It is important to provide information like previous grant applications, this makes sure that everybody is given a fair chance to get the grant. If you just had a grant previously, there would be less chances that you will get the grant again.

• Remember that not everybody would be able to receive a grant to ease of the debts. Social Services would be there to identify if you are really qualified for the grant application. Income, the incurred debt and the monthly debt payment is considered.

The government can have grants that can help you bail out of your debts, but federal grants do not cover expenses or costs for buying or purchasing services or properties, unless otherwise stated in the regulations. It is important to avoid these scenarios from happening again to make sure that you continue a debt-free life.

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Considerations to Make for Retirement Communities

Written by Dian Herdiana on 7:55 AM

Despite the inevitability of old age, so many seniors tend to overlook the fact that they may need to avail the service of retirement communities soon. This is because they refuse to recognize the fact that their children will soon move out of their homes as they begin to start families of their own. Some are caught unaware, causing them to suddenly move into a retirement community the moment that they feel overwhelmed by the need to maintain a home by themselves.

It is important not to put off choosing a retirement community to join. So many seniors put off planning for old age and the risk of poor health that comes with it. In fact, there are many stories of how senior citizens suddenly have to find whatever retirement community will accept them the moment they fall ill, only to find that they are too ill to handle the stress of moving to a new community, filling out the appropriate paperwork, and making other arrangements.

It is for this reason that it is best to begin making these arrangements even before the care of a retirement community becomes an absolute necessity. This way, stressful details of moving, where to move, how much to pay, what paper work needs accomplishing, and the like, will have been dealt with long before illness strikes. The moment it does, the well-prepared seniors will be assured that a retirement community will take them in, care for them unconditionally, and will allow them to entertain visitors and family.

It is first important to consider the sort of care coverage you want to avail. There are those who join continuing care communities so that they can move to independent living quarters in a predominantly senior community before illness strikes. The moment they begin to require nursing services or assisted living services, they will simply be moved to assisted living apartments or nursing home furnished rooms within the same community they are part of, the moment the need arises.

Others choose specific retirement community arrangements, be it independent living quarters, assisted living facilities, or nursing homes, respectively. They will then avail of these services and pay the fees the moment that they choose to.

Apart from living arrangements, it may also be important to consider the sort of social life you may require as you age. Active seniors seek out predominantly senior communities that have health clubs and other sporting facilities, so that they are able to stay fit and healthy as they grow older. Others choose those with clubhouses that will allow them to mingle with other retirees in their community.

Those who have children must also take into consideration the retirement communities that are closest to where their children live. This will make it easier for their children to see them more often than if they lived in a farther state.

In order to ensure that you are getting the best services available in the entire country, do check if the retirement community is accredited by Commission on the Accreditation of Rehabilitation Facilities (CARF). This will help ensure that the retirement facility complies with the standards set for all retirement communities in the country.

An unaccredited retirement community may require you to scrutinize more closely the contract, the facility, and the services they offer to ensure that you get a service of at least similar quality.

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The Ugly Truth Behind Credit Card Debt

Written by Dian Herdiana on 11:35 AM

Credit card debt is one of the leading causes of financial crisis in America and for most part of the world. Indeed, lots of focus by economic experts are geared towards analyzing the benefits or disadvantages posed by the use of credit cards. There are also several factors that are involved with credit card use that could impact the way an individual manages his or her finances.

Is Credit Card Important?

Several individuals are enticed to secure their own credit cards because they are lured by the many advertisement claims about how it can make your transactions a lot easier. While credit cards do offer a few benefits, it is outnumbered by the financial discrepancies caused by owning a credit card.

What many people do not realize is that using credit cards to pay for their transactions or bills actually result in them spending more. In fact, the same can be said even if you are religiously paying your bills on time. So you can just imagine what those credit card owners who aren't making punctual payments are going through financially!

Credit cards are beneficial in a few instances such as having convenience of extra finances for emergency situations, or safety during travel. However, the interest rates can be quite a burden on some families who earn only minimal income each month. Also, there is the possibility of misuse since it creates a false sense of financial security that often ends up in people having massive credit card debt.

Cash or Credit Card?

Budgeting is an essential aspect of handling your finances. This is often neglected when people have to rely on credit cards to make their purchases. Therefore, some people are on a toss-up between which is the better means of making financial transactions, either on cash or through credit card. Here's what would help you decide more effectively.

Imagine yourself paying on cash during purchase. There is an emotional attachment to that money, which you have worked hard on earning, that makes you unwilling to let go of it. However, the case is different with using credit cards for purchase. There is none of that emotional attachment and you can simply swipe away without remorse.

Using credit cards to make your purchase instead of paying on cash could end up in you spending about 12 to 18 percent more than the actual value for the item if you paid with actual cash. Imagine how much could have gone onto your savings!

Teenagers and Credit Cards

Credit card companies are targeting teens on their ad campaigns, however it is not a good prospect for parents, especially if you want to teach your kids on how to become responsible with their personal finances. This is more true based on the fact that teenagers have the tendency to be impulsive and with credit card in hand, it creates that false sense of financial security that they can afford anything they desire. Instead, make them work hard to achieve something they want, especially in the material aspects.

Financial Security

If you want to achieve more financial security, credit cards is not the way to go as it exposes you to risks of acquiring credit card debt. But if you are going to opt for one, make sure you have an effective and practical approach at spending. There are a few advantages offered by using credit cards but it does not make an effective replacement for cash whatsoever, unlike most credit card holders believe.

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Ways to Save Money Without Feeling Poor

Written by Dian Herdiana on 7:36 AM

Yes. You are feeling the economic crunch. Times are hard and you are finding it hard to even make both ends meet with the rising costs of basic necessities and the fact that you lost one of the part-time jobs that you are holding. This is the common scenario that people, not only in the US, is feeling. They may not have lost their jobs but they have certainly found it hard to earn extra. Can you blame them then if they look for ways to cut costs and save money?

Although it looks like a pretty daunting task, it’s not impossible to do and once you get the hang of it and establish a routine, it’s not really so hard. In fact, as you become used to cutting down costs, you’ll even ask yourself why you just did it this year. Thank God for the recession right? I guess, if there is anything good that the recession has taught people all over the world is that no country is impervious and that you can save without really allowing yourself to be poor.

Here are some of the ways that you can save money without really making yourself feel or look poor.

1. Cut down on the luxuries
This does not mean that you will not treat yourself every now and then and just live in poverty. This can be depressing and at this point you need something to at least brighten up your month. This just means that you need to cut back on the frequency that you indulge in luxuries. For instance, if you are used to going outside to eat every weekend, cut that down into just twice a month. Restaurant food can be pretty expensive and besides they are not at all healthy anyway. Other things to give up on are movies and recreational trips. You can still go on trips but make sure that they will not involve a lot of fees.

2. Keep it simple
If you do not have the money to go out, you can still do so provided that you keep it simple. Go back to nature and have a family picnic in the park or maybe walk along the beachside. You can pack a lunch that you have cooked yourself at home. You don’t have to spend a lot of money just to be able to enjoy the weekend with the family. You just need the imagination.

3. Recycle
Instead always buying things that you think you need, why not use your imagination and creativity by recycling things. Use them for other than their uses. For instance, if you need a message board where you will be posting the chores, why not use that old chalkboard instead of buying a new bulletin board. It may not be much but if you do it for other things that you want to buy, you have not only saved a lot of money, you would have also cleared that garage full of junk.

4. Rework
If you cannot use something for another thing, why not transformed it into something that you can actually use. This is actually applicable to clothes and accessories but with imagination, you can even do it with other things in the house. Who knows, it may not even be just one of the ways to save money, you can even turn it into a business that will earn you more.

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Why People Invest In Real Estate

Written by Dian Herdiana on 5:36 AM

Many people know that real estate investing is very lucrative. For that reason alone, will make people want to get their share of the pie. They know that this is a great way to build wealth, not only for them, but they can also pass it down to their future generations.

In addition to having monthly rental income, there are other factors that contribute as to why people invest in real estate. Some of them include:

• With appreciation of rental properties, there will be increased value. In turn, this could help with the selling and reinvesting in properties that already have a higher value. Appreciation of rental properties can also make way for an equity line of credit for future use.

• Speaking of equity, you as an investor can invest in sweat equity, which involves making improvements to your real estate property. It doesn’t have to be so far out where you end up spending a lot of money.

This can help the value of your property go up faster than it would have if you had not made improvements. So, if you spend $3,000 on cosmetics and miscellaneous items, then the value of the property could be double or more of the amount you spent on improvements.

• Being a real estate investor during inflation times is not necessarily a bad thing. Even though rental payments increase during this time, your mortgage loan payments should remain the same. Because of this, you can have an increase in cash flow.

Another thing about inflation is that you can also gain more renters (if you have vacancies) because some people may not be able to secure mortgages during that time. Since you will have a greater demand for renters, the rent will also increase. This is part of the agenda of supply and demand.

• Using “Other People’s Money”, or “OPM”, is a good reason for people to invest in real estate. You can find a bank that will secure a loan for you for your real estate investment(s). The better your credit is, the better chance you have of securing a good fixed rate loan with low interest rates.

You can also look at zero-down loans, but that can be more risky. You would have to pay more in your mortgage payments because you didn’t include a down payment. So when the property appreciates, it will benefit you along with the monthly cash flow.

• Real estate investing is considered a business. You can use the expenses from it and deduct them from your taxes. Anything that your purchased, had repaired, any fees and anything else related to the investment in question.

Even if you have properties that are out of the regional area where you have to travel, those expenses can also be deducted from your taxes. If nothing else, being able to deduct expenses from your taxes is like a marriage made in heaven.

• Have you heard of getting cash that is tax free? Say you have an increase in rentals and you end up having a positive cash flow. The surplus can be used for other things. If it’s the right time, you may think about wanting to refinance the rental properties.

If you do that, you could secure a higher mortgage about $20 - $50,000 more than the original. You would pay off the initial mortgage, and have a nice surplus afterwards. The surplus would be considered tax-free money.

• The 1031 Exchange is named after Section1031 in the Internal Revenue Code. It discusses how real estate investors can hold off on capital gains taxes when selling one of their properties. There are three conditions that have to be met before the 1031 Exchange can go into effect:

1. It is a real estate property investment and not a main residence for the investor.

2. The real estate property can be swapped for a property of the same or similar kind.

3. In regard to replacement, there must be certain time frames in place and adhered to.

When an investor uses profits from another property sale and invest them in another property, they can hold off on capital gains for future real estate transactions. More than likely, the investor will work on getting additional equity and more income and profits from additional property rentals.

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Investing In Futures Trading

Written by Dian Herdiana on 9:35 AM

Futures trading can be an attractive investment option for some people. It is a type of investment where investors try to take advantage of trading futures contracts. These are contracts that are made by producers of a certain commodity with a dealer which involves the obligation of delivering a certain amount of a certain commodity for a specified period of time in the future. The commodities that such futures contracts trade can include grains such as wheat, corn to other produce such as lumber, livestock, cattle, coffee and even orange juice. There are also futures contracts for precious metals such as gold, silver and platinum.

What makes futures trading quite attractive is the high level of investment leverage that it offers. Investors can invest just as little as ten percent of a futures contract’s value in order to have the opportunity to trade it. This allows investors to trade futures contracts using lesser investment capital for trading larger valued contracts.

Futures contracts usually have standardized amounts of the commodity that they involve. For example, if an investor holds a future contract for wheat, he usually holds a value worth 5,000 bushels. Trading the contract would be dealing based on the value of the 5,000 bushels of wheat.

Although futures contracts only require a fairly small investment (usually ten percent of the contract value, known as the margin), investors should still think before taking or buying a futures contract. Beginner traders should first try to establish that they can afford to trade such a contract. Traders should consider if they have enough margins to cover the contract as well as if they have what it takes to trade and deal a sizable move in prices that can go against their position.

It is also important that beginner traders try to establish a system of risk and reward when trading for a particular commodity. There are many factors that may affect the position of the trader in different futures contracts since they can involve a variety of commodities. Traders should have a good idea on how to handle their position in order to make money in futures trading. A good way to do this is to establish a stop loss feature on traded futures. This simply means that the investors establish a certain price range wherein the contracts may stop trading in order to preserve profits from the trade or to minimize the possible losses.

Beginner traders should also consider spreading their trading from a variety of commodities instead of only dealing on one. If one has the capital to afford in trading five futures contracts, it would be wise to have the contracts involve a variety of commodities. This way the risk may be spread over a varied number of commodities, thereby providing a more or less stable position when one of the commodities suffers a decrease in price value. Dealing with only a single commodity in this case can considerably increase the possible losses.

Beginner traders should only try to risk about five percent of their tr5ading capital on futures contracts. The reason for this is because, one can also easily lose considerable capital in futures trading. It is wise for traders to only invest the amount that they are prepared to lose.

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Penny Stocks: Are They Right For You?

Written by Dian Herdiana on 12:32 AM

Many people know that the stock market is a good way to invest, and increase, their money. However, playing the stock market is always a risk, and it certainly helps to know what you’re doing. For those wishing to make a small initial investment, the term “penny stocks” may come up, more than once. You may have heard that penny stocks are a great way to start small, and work your way up to being big. But how do you know they’re right for you? How do you know if you want to invest your money in these penny stocks?

Just because someone suggests you buy penny stocks, it doesn’t mean you have to take their advice. In fact, before you invest in anything it’s always a good idea to get some information on your own, first. Find out about the type of stock that’s being suggested, and then look more closely at the specific company that you’re considering investing in. Do your own research instead of just following someone else’s advice. After all, it’s your money – not theirs. Your money means more to you than to anyone else, so it’s only a good idea to look into your own investments instead of just letting someone else do all the work.

How do you know if they’re right for you, if you want to invest in penny stocks? The first step is in finding out more about what penny stocks are. Some brokers make penny stocks sound very safe, as if they always bring in large returns, as if they’re totally great. Perhaps none of this is true. Penny stocks are high-risk investments, and there is some potential for investors to enjoy large returns, but there is also some potential for losing one’s entire investment. That’s what a “high-risk” investment is – a risk. You could lose it all, but you could gain as well.

Because penny stocks are not traded through the large stock exchanges, many don’t know even about the existence of penny stocks. Penny stocks are shares in small companies and are not as “liquid” as other stocks, meaning that fewer shares are traded. Penny stocks are traded infrequently, and this is why some investors fear getting “stuck” with penny stocks that can’t be sold.

How do you know if penny stocks are right for you? Do your homework, do your research. Look closely at the penny stocks you want to buy, and learn more about buying and selling this type of stock. Your broker is required to give you certain paperwork and information on penny stocks, before you ever put your money into them. Look over this information carefully before making your decision. If you like the risk, if you like the gamble, if you like the potential, then penny stocks may be the right investment for you. Find out all you can about penny stocks, or any investment, before you throw any money that way. When you make an informed and educated decision, there is a smaller chance that you’ll regret your decision later on.

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Surviving a Foreclosure

Written by Dian Herdiana on 9:07 AM

As long as you are willing to be open and honest with your lender, and you are not afraid to set up some kind of payment arrangement that you can actually commit to; the odds are that your lender will be willing to work with you, allowing you to avoid the foreclosure process all together. If you want to stop or overturn the foreclosure process, something has to be legitimately wrong with the process, and this is not simple.

So instead of simply fighting off foreclosure, you can prevent it completely by making the right monthly payments every month. As we mentioned, there are plenty of alternative options to try if you want to put off the foreclosure process or to stop it all together.

If the sale of your home does take place, try not to fret. You probably still have time to move on to another home before the paperwork has been completely finalized.

When your credit is severely damaged already and then you are forced into the foreclosure process, you will find it even more difficulty to avoid this from happening, especially if you simply do not have the resources necessary to completely avoid a foreclosure. You may not be able to see into the future, but any precautions that you can take to avoid the foreclosure process should be taken as soon as possible. Foreclosures are occurring at truly record rates, and families and home owners are constantly facing obstacles forcing them to forfeit their ability to make payments on their property mortgages.

After you receive a foreclosure notification, you should call your lender immediately and set up an appointment where you can meet with them in person. Sit down with them individually and try to find out if there is anything that you can do to stop the foreclosure process from occurring. There are new laws that require that credit counseling be offered to debtors from approved non-profit credit advisory companies, hoping to drastically decrease how many people are experiencing foreclosures every year.

As long as you do not owe more money than what your home will sell for in the current real estate market, then selling your home may even give you the profit that you are looking for before your home goes into foreclosure. The key here is to thoroughly explore your options.

You absolutely need to be prepared if you want to survive foreclosure. Try everything that you can first to prevent it from occurring, but know that if you cannot prevent foreclosure, it is not the end of the world. Talk to your lender through every step of the process and see what he or she can do for you as you go along through step by step. Your lender may be able to help you a lot more than you realize.

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