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What is Margin Trading
Margin is a way of increasing your purchasing power for investments. Buying on margin means that you take a loan from your broker to increase the amount of funds you have at your disposal to invest. The loan comes with its own costs in the form of interest and there are limitations on … ...[More]
JPMorgan Chase Paying 1.10% APY on 60 Month CD
JPMorgan Chase is offering 1.10% APY on a 60 month CD special. Customers have to deposit a minimum of $10,000 to avail the rate. Chase is also offering 0.50% APY on 36 month CDs. Only individuals who live in a state with a JPMorgan Chase branch can purchase the CD. … ...[More]
Identifying Budget Focus Areas
Chapter 1: How to Make a Budget and Stick to It Chapter 2: Creating Personal Budget Goals Chapter 3: Assessing Your Current Financial Situation Chapter 4: Identifying Budget Focus Areas Chapter 5: Staying Committed to Your Budget Chapter 6: Budget Software The assessment of … ...[More]
Understanding Economies of Scale: Brokerage Commissions
The other day I received a question at work about how it is that a mutual fund or ETF can provide an investor with scale in an investing portfolio. The asking party was mainly curious about how it is that the diversification benefits of a fund can outweigh the liquidity that an … ...[More]
GECU Offering 2.07% APY on 36 Month CDs
GECU is paying 2.07% APY on a 36 month CD. The minimum deposit required to avail the rate is $1000. The credit union is also offering 2.68% APY on a 60 month CD with the same minimum deposit. The CD rates can be availed only by residents of Dona Ana or El Paso. Employees living in … ...[More]
What are Tangible Assets?
After evaluating the credit score and financial ratios of an application, a lender will proceed to look at a borrower’s net asset value, and what amount of that value could be considered as being actually tangible. Unfortunately, it is during this part of the application process … ...[More]
Option Trading Strategies
Table of Contents Chapter 1: Introduction to Options Trading Chapter 2: Options Trading Terminology Chapter 3: Option Trading Strategies Chapter 4: Types of Options Trading Chapter 5: Common Applications of Options Trading Chapter 6: How to Trade Options Navigate This … ...[More]
HomeBanc Offering 1.15% APY on 3 Month CDs
HomeBanc is paying 1.15% APY on a 3 month CD. A minimum deposit of $5000 is required to avail the rate. The rate is available only to the residents of Florida. The maximum amount that can be deposited is $100,000. The rate cannot be availed by customers who closed their accounts at … ...[More]
Wells Fargo Financial Closing and Cutting Jobs
Today Wells Fargo sent out a press release stating that they are closing 638 or their offices and cutting 3,800 jobs due to restructuring. Wells Fargo Financial offered various loans and mortgages to consumers with low credit scores. This is the division that Wells Fargo is … ...[More]
Where To Invest In Stocks and Bonds
Investing In Bonds Chapter 1: Investing In Bonds Chapter 2: Risks Associated With Investing In Bonds Chapter 3: Where To Invest In Bonds Investing In Stocks Chapter 1: Investing In Stocks Chapter 2: Risks Associated With Investing In Stocks Chapter 3: Stock Investing … ...[More]
1.40% APY on Savings Account at Farmers & Merchants State Bank
Farmers & Merchants State Bank, based in Archbold, Ohio, is offering 1.40% APY on its savings account. To avail the rate, customers have to open a rewards checking account. A minimum balance of $50 is required to open a savings account at the bank. The savings account can have … ...[More]
How to Manage TDSR and GDSR
Having gone through the last two articles to understand what TDSR and GDSR are, we are now in a position to dig into exactly how it is that lenders look at these two metrics, and some simple strategies that borrowers can use to improve their applications through these venues. When … ...[More]
Amboy Direct Paying 1.00% APY on eSavings Account
Amboy Direct is paying 1.00% APY on eSavings Account to new customers. To earn the rate, you will have to maintain a balance below or equal to $25,000. Balances more than this will bring in 0.75% APY. The same rate of 1.00% APY is being offered by Capital One on its free … ...[More]
Is that Really a Mutual Fund or Just Diluted Equity Position?
Having looked through a batch of tech Funds in preparation for an upcoming post, I came across a startling trend for overexposing a fund towards a very specific security. Funds that claim to act as an index of the tech industry have holding more than 14% of their holdings in companies … ...[More]
mBank Offering 2.25% APY on 48 Month CDs
mBank is offering savers in Michigan rates on 36 and 48 month certificates of deposit. On 48 month CDs, you can get 2.25% APY, and on 36 months, 1.75% APY. To qualify for the rates, you will have to make a deposit of $250 at least. … ...[More]
Investing in Mutual Funds
Table of Contents Chapter 1: Growing Your Wealth with Investments Chapter 2: Learn How To Invest Chapter 3: Cash Investments Chapter 4: Investing in Stocks Chapter 5: Investing In Bonds Chapter 6: Investing in Real Estate Chapter 7: Investing in Mutual Funds Investing in … ...[More]
What is the Gross Debt Service Ratio (GDSR)?
Similar to the Total Debt Service Ratio (TDSR), the Gross Debt Service Ratio (GDSR) is a metric that is commonly used by lenders in conjunction with a credit score. As the name suggests, GDSR acts as a metric for specifically representing the amount of an individual’s income that is … ...[More]
Workers’ Credit Union Offering 2.50% APY on 72 Month CDs
Workers' Credit Union is paying 2.50% APY on a 72 month CD. Customers should deposit a minimum of $500 to avail the rate. The credit union is also offering 2.15% APY on a 54 month CD. A minimum deposit of $500 should be made in an active checking account. The CDs are available only … ...[More]
What is the Total Debt Service Ratio (TDSR)?
Second to a credit rating, the Total Debt Service Ratio (TDSR) is an important metric that lenders use to evaluate a borrower’s ability to take on additional debt. While a credit score itself will provide a picture of a borrower’s tendency to pay off loans based on past history, … ...[More]
Buying Mutual Funds
Table of Contents Chapter 1: Introduction to Mutual Funds Chapter 2: Categories of Mutual Funds Chapter 3: Understanding Mutual Fund Terminology Chapter 4: Mutual Fund Costs Chapter 5: Buying Mutual Funds Chapter 6: Tracking and Selling Mutual Funds Navigate This … ...[More]
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