Exotic Loan Programs Always Fail

By Lawrence RobertsOver the last 60 years since World War II ended, a number of experimental loan programs have been attempted. These include interest-only loans, adjustable rate loans, and negative amortization loans among others. It is this group of loans that has consistently failed in the past for one simple ...

Trading Independence and Interpreting Information Based on \”Herd Feedback\”

By Terry LeslieDeveloping independence is a skill that might take you several years to truly develop. Just like all skills along the way, you grab their notion, flip them around a bit, chew on them, and then apply them experimentally until you feel you are really on track. Then you ...

Save Money In These Difficult Times

By Mike ParsonageHow can you reduce your household budget by 30 - 50%? The news is full of dire predictions about the state of the economy. Large corporations that seemed invincible are now collapsing into bankruptcy. Jobs are being lost at alarming rates and it is getting worse ...

7 Secrets Credit Card Companies Don\’t Want You to Know

By Michael BarsoumCredit card debt is at an all-time high, yet consumer confidence in their ability to reduce debt is at an all-time low. To avoid bankruptcy, consumers need effective ways to reduce debt, especially to reduce credit card debt. These seven some simple solutions can help reduce credit card ...

How To Evaluate REO Bank Lists

By Brian AnthonyMany real estate agents want to start listing foreclosures for banks but they are unaware of all of the steps required to begin. For example, unless you have a personal contact at a bank, it''s virtually impossible to just call an asset management company and start to list ...

Understanding the Ins and Outs of Mutual Funds

By Bernice EkerMutual funds can be extremely beneficial, but many people do not understand exactly what they are. They do not know what the top mutual funds are, they have no idea how to compare mutual funds against one another, and they do not know how advantages they can ...

Car Insurance Explained: Everything You Ever Needed to Know

By Bernice EkerIf you own a car, then you need car insurance. That is not a moral requirement, it is a legal requirement. If you do not have auto insurance and get into an accident, then you will be left dealing with a lot of potential problems. ...