RSS Feed
This isn’t what they teach you in school… Lyrics and narration by MC ceebro. Original score and mixing by M. Whitworth.
Posts Tagged ‘debt’
Schoolhouse Rock Parody: How a Bill REALLY Becomes a Law
March 26th, 2010 
admin 
Posted in Politics 
Tags: biden, debt, government spending, health care, healthcare, house, How a bill becomes a law, I'm just af@cking bill, jimmy fallon, lyrics, Narration, obama, Original Score, parody, pelosi, Politics, Reid, Schoolhouse Rock, Senate, Stimulus, transparency, WASHINGTON, Whitworth 
25 Comments »Obama’s Afghanistan Escalation; 10 States facing Imminent Bankruptcy; Dating and Politics
December 4th, 2009 admin Obama to detail big troop increase in Afghanistan news.yahoo.com Belly up: 10 states face imminent bankruptcy www.wnd.com Bank of America Will Repay Billion to US Bailout Fund www.bloomberg.com ADP Says US Companies Cut Estimated 169000 Jobs www.bloomberg.com Cyber Monday sales rise 20 percent over 2008 www.msnbc.msn.com UN says global economy will grow in 2010 www.msnbc.msn.com Would you date/marry someone who didnt share your political or religious views? Blog demcad.blogspot.com …
Posted in Politics Tags: 10, Adp, Afghanistan, Afghanistan News, Audited, Bailout, Bank Of America, Bankruptcy, bubba008009, Celente, Collapse, crabbydogtrix, Cyber Monday Sales, Dating, davincij15, debt, Depression, Economic, Economy, Escalation, Face, facing, FeverIAm, Flint, Gerald, Global Economy, hyperinflation, Imminent, Imminent Bankruptcy, inflation, Jobs, Msnbc, News Yahoo, obama, Peter, Politics, recovery, Reginald, Religious Views, SACRAMANIACSmc, SafeArmsReview, Schiff, Second, shortage, states, Survive, Treasuries, vention4wh, visionvictory, Yahoo 25 Comments »Treat Trading As A Business
September 29th, 2009 Hassam Ahmad Take forex trading as a business. You need to seriously treat trading as a business. If you are currently trading for a living or want to take on trading as a future substitute of your current job, you should always remember to take trading as a business.
How are you going to treat trading as a business? You need to give some consideration to the fact that how you are going to deduct your monthly expenses such as your computer equipment, your quote feed, your DSL line, travel to investment conferences and continuing education seminars. You should think whether you need to form a private limited company or a public limited company.
Take advantage of all the regular and necessary expenses as business deductions. This can help you save thousands of dollars annually. You should seek advice from a tax specialist so that you know the best way to cut your business expenses.
Many people jump into trading without giving any consideration to these issues. For them the target is to start making money as early as possible. They need not waste time on other non trading issues. After you have consistently started making money in the market, it would be heart breaking to know that you cannot make expense deductions that could literally save you thousands of dollars.
Treating trading as a business will help you focus on it just like any other brick and mortar business. Lets see what can be your expenses as a forex trader: You need to have a room where you have the required peace for trading. Suppose you rent a small one room office that could cost you like $500-1000 per month. Then you have to have equipment that includes desktop computers, printers, laptop for travel and so one. Lets say these things cost you $5000.
Attending investment conferences can provide you with lot of good trading ideas. You attend an investment conference that might cost you $1000 roundtrip airfare plus $500 per night for the night stay at a hotel. A price quote feed might cost you like $200 per month. You need a good DSL connection for your trading, $50 per month for the DSL expense.
You could be taking as little as $5000 to $25,000 per year in actual business expenses that could be deducted if you are running trading as a business and if you have business entertaining expenses and went to two investment conferences per year.
Do you have the financial resources, time and emotional makeup to trade full time if you are a small time investor and decide that trading for a living is something that interests you? Do you have a business plan? What business plan you have in place to protect the money you make in the market.
If you have finally decided to take up trading as a living then you should be able to earn enough to pay for your living expenses as well as utility bills. You need to cover your cost of living expenses, mortgage payments as well as your business expenses. As a long term trader what will you do when the market conditions change according to your system or methods?
In forex trading, there are no commissions per trade like that in the stock market. But you have to cover the bid-ask spread each time you trade as a trading cost. The forex market offers you a unique opportunity to participate on a pay as you go method because there are no commissions. Forex dealers provide free charts and quotes.
Suppose you are a day trader, you trade twice a day with a 3 pips bid-ask spread. Suppose you trade 10 lots ($100,000) each trade. So your daily trading cost will be $600 = (3) (2) (10) (10). If there are 200 trading days in a year, it means $120,000. So you need to cover $120,000 as your trading cost annually not to talk of your actual losses. You need to keep this in mind that trading is not free.
About the Author:
Mr. Ahmad Hassam has done Masters from Harvard University. He is interested in day trading stocks and currencies. Try Strignano’s Forex Signals free. Discover a revolutionary Forex Robot Trading System!
Posted in real estate Tags: business, credit, day trading, debt, Finance, forex, futures, investing, mutual funds, options, real estate, retirement, stocks, trading, wealth No Comments »No Credit Check Loans
September 25th, 2009 Justin Finn For borrowers with a bad credit history, ‘no credit check loans’ may be the only realistic loan option available when looking to borrow money, as they are relatively easy to have approved. Having bad credit does not does not hamper successfully obtaining this type as loan as it would other types or borrowing. Also it does further damage the borrower’s credit rating as the credit agencies are not always made aware of this type of borrowing. This form of unsecured loan can help rebuild the borrower’s credit by making sure they make their payments without fail.
Similar to other forms of lending, applying for no credit check loans will require the applicant to go through a process of assessment. This involves providing evidence that proves certain criteria be met in order to get the loan approved. This will including having a current checking account, providing proof of current and past income and earnings plus status of current residency. If these criteria can be met then the process can be fairly straightforward, for this reason this method of borrowing has become known as – easy loans.
You may notice that some of the loans are called cash to payday loans. These are short term loans that must be paid back usually within a two weeks time. The reason that you must have an active checking account is, so that when the time comes to make your payment, the company that you took the loan out with will automatically deduct it from your checking account. They will take what is due along with an interest payment which can range from anywhere from up and over $50. This will be explained to you before signing for the loan.
There are many different types of these no credit check loans. Finding the one that is right for your needs should not be that hard. They are great alternative for the person in need of some cash and when they do not have the best credit. You may consider using payroll advance companies, cash advance companies and even lending institutions such as banks to get the loan.
There are obviously many banks that offer loans and various cash advance and payday loan companies to choose from. It should be remembered that banks may charge a high interest rate and that will be indebt to this financial institution until the credit terms have been met and the loan is repaid. If these financial obligations are not met than the bank could take action against you and deduct the outstanding amounts from your pay check.
No credit check student loans are also an option open to students without any credit history. Typically this type of loan comes with a higher interest rate and requirement of no credit check student loans would typically involve having a cosigner being included in the agreement should the applicant not meet the repayments. They can be used where cash is required for circumstances that are not covered by grants or when other forms of funding are not available. Such circumstances might include the purchase of equipment and reading materials.
You may be able to get a no credit check loan for being a tenant as well. Many problems can arise when you need extra money to pay your rent. It would be your best bet to take out an unsecured loan such as a cash to payday loan, so it is a short term loan that you can pay off quickly and not build any interest.
In summary care should be taken when choosing the appropriate method of no credit check loans. As with any type of money lending the borrower should do their homework prior to signing any agreement in order that they are fully aware of all the specifics and small print of any agreement entered into. This will avoid pain in the long run as the failure to appreciate the repayments terms and fees could result in the borrower being unable to successfully make their financial obligations further increasing their credit woes.
About the Author:
Justin Finn writes articles about no credit check payday loans and cheapest payday loan online
California And Arizona Real Estate Facts
September 19th, 2009 Yster Alker California is one of those states where you find all kinds of properties and where the climatic conditions vary hugely from place to place. You have places with moderate temperatures and you have places which experience all four seasons in their full glory.
That said, even if you have chosen the region for investing in California real estate, you need to be careful with selecting the location in that region i.e. the California real estate piece that will fetch you good profit.
Generally, growth of business (e.g. big companies acquiring land for establishing their offices) is an indicator of appreciation in real estate (whether California real estate or any other). That is the consideration with regards to new developments in California real estate or with respect to significant changes in the economic situation of a particular place in California.
You could also partner with the local attorneys in the region i.e. attorneys who handle property matters in case of death, divorce, defaults etc. These people can give you good leads on California real estate investments. In such cases, whoever gets the information first gets the advantage. You can really lay your hands on some good California real estate deals in this way.
Similarly your buying motivation will be higher if you are planning to move into the place on account of a new job that you are taking up in that place or if you have been transferred to that place in your current job itself.
You could use real estate as a means for supplementing your income either by buying at a lower price and selling at a higher price or by letting it out. Sometimes you might buy a property for the purpose of resale but might want to wait for a few years before you actually sell it. In such a case, again it would make sense to rent out the property and earn some money till you actually decide to sell it off.
Real estate management demands time, which you will rarely have. Real estate management is not just about finding tenants and collecting rent from them. Real estate management is also about ensuring that you do all the duties that a landlord/landlady is required to do.
Though hiding your motivation will be a bit difficult, nonetheless give it a good try. If you are looking for Arizona real estate just for investment purposes then you would probably have a lot more time on hand to evaluate various properties before you actually go ahead with one.
So youre buying motivation will not (and should not) be too high. Remember that if you have time on hand, you can always get better deals (and there are lot of Arizona real estate deals out there, if you were to look properly).
Real Estate is what I write about a lot. I also run a homepageabout mortgages in the Netherlands, i’ts called: hypotheekrente and hypotheek rente
Posted in Mortgage Tags: arizona, California, credit, debt, Financial, home, house, loan, Mortgage, mortgages, real estate, tips, united states No Comments »Colorado And Commercial Real Estate
September 18th, 2009 Ivan Restlsor It is important that you choose the real estate management firm carefully. There are all kinds of real estate management firms out there (good and bad). You must check the references of the real estate management firm before you actually hire them for the job.
A good real estate management firm will not only keep your property occupied at all times but will also ensure that you always receive the rent in time and without any hassle.
The talks of real estate are generally focused towards residential real estate; commercial real estate seems to take a back seat. However, commercial real estate too is a good option for investing in real estate.
However, there are people with contrarian views as well. And believe me, contrarian views do sometimes get huge profits for you, because in such circumstances you will generally face lesser competition from other real estate investors and you can probably get a Colorado real estate piece for much lesser than it actually is worth.
So, is commercial real estate really profitable? Well, if it were not profitable I would not have been writing about commercial real estate at all. So, commercial real estate is profitable for sure. The only thing with commercial real estate is that recognizing the opportunity is a bit difficult as compared to residential real estate.
Again, when we say 5-7% appreciation in Colorado real estate, we are talking about the state in general. So, its quite possible that there be regions in the state where the real estate appreciation is say 25% and there could be places where there has been no appreciation in real estate.
The opportunity is always there, the only thing you need is the art of finding the Golden deal in this Colorado real estate market.
One real estate school of thought talks about doing a lot of analysis. This real estate school of thought advocates studying a lot of factors which are generally linked to economic indicators. This real estate school of thought evaluates the economic indicators in many different ways.
You might already know me from my real estate information and my site that is about best mortgage and best mortgage deals
Posted in Mortgage Tags: arizona, California, credit, debt, Financial, home, house, loan, Mortgage, mortgages, real estate, tips, united states No Comments »Lowering Student Debt: A Number Of Truly Great Ideas
September 18th, 2009 Dawn Enstruthe It is easy for students in college to amass a large amount of student debt. Eventually all of the loans you get in college will have to be repaid. The following tips may help to lower your student debt.
As with any other loan, you should only seek the credit you actually need. When you fill out the FASFA, there is a box that you can check that will apply for student loans. While you should check the box since you may not qualify for other financial aid, only take the loan if it is a financial necessity to complete your education.
Consider the work-study program at your university. Students can often work in their major department for a few hours each day to supplement the other moneys they receive for their education. This money is earned and will never have to be paid back. Since the hours are limited, you can focus on your real job, your education.
Always make applications for scholarships. It only takes decent grades in high school to qualify. Since some scholarships are specific in nature, check with your parent’s employer and your school.
Always make use of grant money first. You could qualify for grant monies from either the federal government, your state government or both. Once again grant money is money you will never have to pay back. Apply as early as possible, since funding is sometimes limited. Early applicants could exhaust the grant money before late applicants ever apply.
Ensure to dedicate yourself to your studies. In the event that you have a scholarship, you may be required to keep those grades high in order to keep it. If you did not qualify earlier, good grades in college can allow you to qualify now.
If you want to keep your student debt low, then remember that scholarships, grants and work-study provide money that never has to be paid back. They should be your first choice to further your education.
If you cannot fund your education in any other way, then you should use student loans. Student loans often have very low interest rates. A college education will increase your earning potential so that the investment is well worthwhile.
Here is one final warning about student debt. While credit card companies often target college students for easy credit, avoid getting credit cards just because you can. The interest rate on credit card debt is often over twice that of student loans. Mistakes made with credit now can haunt you for many years.
Dawn Enstruthe writes for website Ginko Financial which has details of how to refinance after a divorce and bad credit auto loan refinancing.
Posted in Mortgage Tags: bank, college, credit card, debt, education, Finance, Financial, Money, Mortgage, refinancing, student No Comments »S&P Futures Explained (Part III)
September 14th, 2009 Ahmad Hassam E-mini S&P futures contract are quarterly like all futures contracts. The monthly identifiers for the E-mini S&P futures contracts are H for March, M for June, U for September and Z for December. The E-mini S&P futures contract trade almost 24 hours per day. However, there is a 30 minute maintenance break in trading from 4:30 to 5:00 PM daily.
If you are a new E-mini trader you be careful as traders are expected to pay for the difference between the margins for the entry and exit points. In case you lose at the end of the day you are likely to pay in a big way. The margin requirements for E-minis are much less than the normal contract. The day trading margin is less than the margin to hold an overnight position in S&P 500 E-mini Futures contract.
Like all futures contracts, S&P futures contracts including E-minis are settled daily. The values of all positions are marked to the market each day after the official close based on the settlement price. At the end of the trading day they are assigned a final value price. Cash will either come into your account or leave your account based on the change in the settlement price from day to day as long as your positions remain open. In other words, based on how well your positions fared in that days trading session, your account is then either debited or credited.
It is this mechanism that brings integrity to the marketplace. As losses are not allowed to accumulate without some response being required, this system gives futures trading a rock-solid reputation for creditworthiness.
Leverage: Leverage can produce large profits in relation to the amount of your initial margin if you speculate in futures and the market moves in your favor. However, you also could lose your initial margin if the market moves against your position. The effect of price changes is magnified because futures markets are highly leveraged. You typically pay the price in full with stocks (without leverage) or on margin (50 percent leverage).
Suppose you have decided to put $10,000 into a futures account and you buy one E-mini S&P 500 index futures contract when the index is trading at 1000. Your initial margin requirement for that one contract is $3,500.
You could realize a profit of $2,500 (50 points – $50) if the index increases 5 percent, to 1050 from 1000. Conversely, a 50-point decline would produce a $2,500 loss. Each one-point change in the index represents a $50 gain or loss because the value of the futures contract is $50 times the index. The $2,500 increase represents a 25% return on your initial investment of $10,000. It is a 71% return on your initial margin deposit of $3,500.
An increase or decrease of only 5 percent in the index could result in a substantial gain or loss in your account in either case. Thats the power of leverage. Similarly a decline would eat up 25% of your original $10,000. It is 71% of your initial margin.
It makes your money work harder and produces more in a shorter period of time when everythings going your way, than if you paid for everything in full, up front. In such a situation leverage can be a beautiful thing. Indeed, leverage is the key distinctive aspect of futures trading as compared with stock trading.
But there is a dark side to leverage, too. For example, assume you use $5,000 in your account to buy an E-mini S&P 500 contract worth $50,000. Instead of going up, however, prices fall by 10 percent and the contracts value drops to $45,000. Your $5,000 is completely gone. Unless you get out of the position with an offsetting sale when your maintenance margin level is violated, youll be obligated to put up even more money if the market keeps moving against you. Leverage is the one ingredient that can produce either horror stories or happy endings. To get the happy ending, it is extremely important that you fully understand the power of leverage and how to manage it well.
Mr. Ahmad Hassam has done Masters from Harvard University. He is interested in day trading futures and currencies. Trade Dow Futures and S&P Futures!
Posted in real estate Tags: business, credit, day trading, debt, Finance, forex, futures, investing, mutual funds, options, real estate, retirement, stocks, trading, wealth building No Comments »What Are S&P Futures? (Part II)
September 13th, 2009 Ahmad Hassam S&P futures contracts are another example of how 24 hours a day trading enables traders to respond to economic news releases in pre-market and after-market sessions. Regular trading hours for S&P futures contracts are from 8:30 A.M to 3:15 PM. S&P futures contracts are valued in ticks worth 0.1 index points or $25.
The evening session starts at 3:30 PM (15 minutes after the close) and continues on the Globex until 8:15 AM overnight. Individual contract holders are limited to no more than 20,000 net long or short contracts at any one time.
A price limit is how far an S&P futures contract can rise or fall in a single trading session. The limits are set on quarterly basis. If the index experiences major declines or increases beyond these limits, a procedure is set in place to halt trading. If these price limits are crossed, circuit breakers are triggered.
Collar Rule: The collar rule addresses price swings related to program trades that move the Dow Jones Industrial Average (DJIA) more than 2% by requiring index arbitrage orders, or orders that bet on the spread between the futures and the cash of stock indexes to be stabilizing. This limits the traders from piling buy or sell orders in an attempt to exaggerate the gains or losses of the market. What this rule does is limit the chance of huge gains or losses as a result of futures trading.
Its time to learn how an S&P futures contract ticks once you have mastered futures basics such as the performance bond margins, the mark to market requirements and the account specifics. Especially during slow seasons in the stock market such as summer, fall and around the winter holidays, overnight or pre-market trading can be thin and dangerous.
Hundreds of futures contracts trade on the federally regulated futures exchanges in the United States. Each of these exchanges trade contract that are somewhat unique to it. CMEs most actively traded contracts are Eurodollar futures and S&P futures including the E-minis.
E-mini S&P Futures contracts: The E-mini S&P futures contracts (ES) are the favorites of the day traders because of its high intraday price volatility and major price swings on a daily basis. The E-mini S&P futures contracts (ES) are among the most popular stock index futures contract because they enable you to trade the markets trend with only one fifth of the requirement.
The value of the E-mini S&P futures contract is $50 times the value of the S&P 500 stock index. One tick on E-min S&P futures contract is equal to 0.25 of the index point or $12.50. The E-mini S&P futures contract can be very volatile and can move even more aggressively during times of extreme market volatility.
Mr. Ahmad Hassam has done Masters from Harvard University. He is interested in day trading futures and currencies. Trade Dow Futures and S&P Futures!
Posted in real estate Tags: business, credit, day trading, debt, Finance, forex, futures, investing, mutual funds, options, real estate, retirement, stocks, trading, wealth building No Comments »
Fall of Rome vs Failure of American Politics, Economy pt 1
See Part 2 www.youtube.com Crumbling domestic infrastructure. A bored, undisciplined population, demanding ever more wasteful and outrageous entertainments. Production exported to less developed countries, who then demand a share of the productivity. Rampant inflation eroding purchasing power. Democracy devolving into a totalitarian, repressive state. Division of the population into segments of extreme wealth and poverty. Hard work and merit no longer provide social mobility. Demands by …