Here is what you can typically hear at some trading seminar or read on some futures trading web site: "Open 5K account, start trading S&P 500 eminis futures". Yes indeed, to buy or sell one contract it only requires $3,600 margin or so. Thus 5K freely allows trading one contract. Commission on trading S&P emini is small, web site literally couple of bucks, so you can be in and out of that market many times a day. S&P 500 eminis on a typical day can move 10 to 15 point up or down. Each point move is equal to $50 dollars. So, a charlatan would say: "If you capture only 4 points out of these 15 you would be making $200 a day, and I will teach you how".
You should understand what the credit card company is actually giving you with the low interest rate. The card that provides you with a zero percent interest rate is actually an introductory rate or teaser rate. This is the incentive for you to apply for the card and take advantage of the low rate. The credit company or bank is hoping that you will take out the card and begin to increase your balance and build on it every month. Then when the introductory rate is over, you will have a large balance and a new much higher interest rate. This could be financially devastating for some people who were not aware that it was coming.
Remember change and progress takes place slowly and it doesn't happen by one or two quantum leaps. The person you are today was a result of all the choices and habits you've adapted up to this point. To become someone different, you must be willing to work hard and have the determination to become someone different. Lasting and permanent change happens progressively over a long period of time.
Other interest rates such as 15 year fixed mortgage averaged 4.83 percent, down from 4.91 percent. One year adjustable mortgage or ARM, fell to an average of 4.85 percent from 4.95 percent. 5/1 ARM, which has a rate set for 5 years averaged 5.57 percent. A year ago 30 year fixed mortgage rates were hovering around 6.07 percent, 15 year fixed at 5.68 percent and one year ARM at 5.47 percent. Critical point in US recovery is housing market and credit market. Housing market may see another 20 percent drop in 2009.
Again, we haven't really written out any calculations yet and potentially did all this in internally. but now instead of having 160 times 20 percent, the new equation reads 16 times 2.
Finally, the the car is priced higher than cash down value. For example in a zero percent scenario, the car is offered at say $100,000 on display for 2 years to pay having a monthly payable amount of $4,166. The $100,000 price is actually still higher than the actual value of the car. The car dealers usually know that the car value is only say $70,000 but if offered at zero percent credit, they would price it at $100,000.
If you have any credit cards that don't have any balance on them at all, call those credit cards companies first to see if they have either a 0 percent balance transfer special or a life of the balance transfer special. The latter is the best, but fewer companies are offering them anymore. Still, you should ask, because you never know and it's better to pay 5.9%-7.9% for the life of the balance than 0% for 6-12 months, then 12-14% or more for the remainder of the balance.
> The U.S. national debt grew during the first four years of the Obama administration by about as much as it did from the time that George Washington took office to the time that George W. Bush took office.
Controlling Overeating With Twenty Percent Less
por Mai Holly (2022-08-24)
Here is what you can typically hear at some trading seminar or read on some futures trading web site: "Open 5K account, start trading S&P 500 eminis futures". Yes indeed, to buy or sell one contract it only requires $3,600 margin or so. Thus 5K freely allows trading one contract. Commission on trading S&P emini is small, web site literally couple of bucks, so you can be in and out of that market many times a day. S&P 500 eminis on a typical day can move 10 to 15 point up or down. Each point move is equal to $50 dollars. So, a charlatan would say: "If you capture only 4 points out of these 15 you would be making $200 a day, and I will teach you how".You should understand what the credit card company is actually giving you with the low interest rate. The card that provides you with a zero percent interest rate is actually an introductory rate or teaser rate. This is the incentive for you to apply for the card and take advantage of the low rate. The credit company or bank is hoping that you will take out the card and begin to increase your balance and build on it every month. Then when the introductory rate is over, you will have a large balance and a new much higher interest rate. This could be financially devastating for some people who were not aware that it was coming.
Remember change and progress takes place slowly and it doesn't happen by one or two quantum leaps. The person you are today was a result of all the choices and habits you've adapted up to this point. To become someone different, you must be willing to work hard and have the determination to become someone different. Lasting and permanent change happens progressively over a long period of time.
Other interest rates such as 15 year fixed mortgage averaged 4.83 percent, down from 4.91 percent. One year adjustable mortgage or ARM, fell to an average of 4.85 percent from 4.95 percent. 5/1 ARM, which has a rate set for 5 years averaged 5.57 percent. A year ago 30 year fixed mortgage rates were hovering around 6.07 percent, 15 year fixed at 5.68 percent and one year ARM at 5.47 percent. Critical point in US recovery is housing market and credit market. Housing market may see another 20 percent drop in 2009.
Again, we haven't really written out any calculations yet and potentially did all this in internally. but now instead of having 160 times 20 percent, the new equation reads 16 times 2.
Finally, the the car is priced higher than cash down value. For example in a zero percent scenario, the car is offered at say $100,000 on display for 2 years to pay having a monthly payable amount of $4,166. The $100,000 price is actually still higher than the actual value of the car. The car dealers usually know that the car value is only say $70,000 but if offered at zero percent credit, they would price it at $100,000.
If you have any credit cards that don't have any balance on them at all, call those credit cards companies first to see if they have either a 0 percent balance transfer special or a life of the balance transfer special. The latter is the best, but fewer companies are offering them anymore. Still, you should ask, because you never know and it's better to pay 5.9%-7.9% for the life of the balance than 0% for 6-12 months, then 12-14% or more for the remainder of the balance.
> The U.S. national debt grew during the first four years of the Obama administration by about as much as it did from the time that George Washington took office to the time that George W. Bush took office.