Factors to consider before prepayment: The current financial situation of the borrower: Is there enough money floating around to prepay the home loan? How much money is needed immediately or in near future: Does the borrower have enough money to meet financial exigencies? The home loan interest rates: Are they likely to rise, remain at the same level or fall? Are … [Read more...]
5 challenges of a swing trader
There are 5 challenges of a swing trader. These things are problems that all swing traders face and should be overcome to be successful. 1. Exiting winners too early. Exiting a profit early is tempting, especially if you have been on an unlucky streak. The major reason this can be hard is knowing that a wining position can turn around. It is natural to want to get … [Read more...]
Home Refinancing – Top 4 Factors to Consider When Refinancing Your House
Home refinancing can be an effective way by which extra cash can be obtained for use of other important expenses. However, before taking advantage of this house refinancing benefit, it is best to consider the many factors that may affect your refinancing decision, beneficially or otherwise. Interests You have to make sure that you are getting only the most competitive … [Read more...]
Fix Credit Report
Correcting credit errors such as charge offs and collections is not usually performed overnight. However, it is a quicker process if you dispute items in the proper order. If your credit is a mess, chances are you have a variety of bad credit listings such as charge offs and collections. Some items are more damaging than others. Here is a complete list of the negative … [Read more...]
No financial planning means bigger financial risks
Identifying proper financial goals and planning to achieve them in a systematic way is the heart of financial planning. Without a proper chalked out financial plan, there are a lot of risks. Often we find people without a proper retirement corpus and no money to bank upon because they haven't planned for it in advance. Not understanding the risk profile is another major … [Read more...]