Investing Basics – What Are Your Investment Goals
October 31, 2009
When it comes to investing, many first time investors want to jump right in with both feet. Unfortunately, very few of those investors are successful. Investing in anything requires some degree of skill. It is important to remember that few investments are a sure thing – there is the risk of losing your money!
Mortgage payment is more than 31% of my loan
October 6, 2009
“I tried to change my loan from the month of October 2008. After sending in what I thought was the application, including documents: Proof of income, monthly account statements and a hardness of writing. After calling the bank many times for an update on my amendment, I said that was still sitting in a pile [...]
Re-Financing : Determine Your Risk Tolerance
September 8, 2009
Each individual has a risk tolerance that should not be ignored. Any good stock broker or financial planner knows this, and they should make the effort to help you determine what your risk tolerance is. Then, they should work with you to find investments that do not exceed your risk tolerance.
Determining one’s risk tolerance involves [...]
Avoiding Impulse Spending
October 9, 2008
Answer these questions truthfully:
1.) Does your spouse or partner complain that you spend too much money?
2.) Are you surprised each month when your credit card bill arrives at how much more you charged than you thought you had?
3.) Do you have more shoes and clothes in your closet than you could ever possibly wear?
4.) Do you own every new [...]
How Much Money Should You Invest?
September 5, 2008
Many first time investors think that they should invest all of their savings. This isn’t necessarily true. To determine how much money you should invest, you must first determine how much you actually can afford to invest, and what your financial goals are.
First, let’s take a look at how much money you can currently afford [...]




