Different lenders charge different fees. It is a transfer of an interest in land, from the owner to the mortgage lender, on the condition that this interest will be returned to the owner of the real estate when the terms of the mortgage have been satisfied or performed.
In other words, the mortgage is a […]
During the Telecom Bubble many people thought it would continue to rise forever as companies like Global Crossing, World Com and others watched their stocks soar through the roofs. In hindsight later after it all came tumbling down many people said that World Com was a sham and those contracts for international communications with Global […]
A barrel of oil bounced to over $60 Thu, which triggered a steep sell-off in the stock market Thu and Fri, although oil pulled-back to around $59 a barrel, and closed at $59.84 a barrel Fri.
There are many reasons why oil prices are high, including a “price premium” for potentially negative geopolitical events, the start […]
Stock prices fall into two basic categories; penny stocks
(a.k.a. stocks trading under $1.00) and pretty much everything
else. To some degree, you can lump stocks under $5.00 into the
penny stock category as well. However, keep in mind that this
will not always be a fair representation.
Lower priced stocks have a very seductive allure. Not only can
you […]
Compound Interest is an investor’s best friend. The word compound has many different definitions, but one of those definitions is “to add to; increase”. With compound interest, your money will continually increase in value. Here’s an example of compound interest. Bill has $30,000.00 and invests it in a stock that has a dividend yield of […]