Posts from ‘November, 2008’

Comic books were originally created to provide entertainment to a young generation of readers. They were meant to inspire and teach kids to always choose good over evil. Little did comic artists know that in a matter of years, their creations would eventually become a great source of investment. Yes, there is money in comic [...]

You can never predict the next time you have to make a huge cash outlay. Emergencies, after all, are always unexpected. If you still need to wait for a week or two before you get your next paycheck, you can still get the money you need by applying for a payday loan: a short-term debt [...]

The word “procrastination” has always been regarded as a negative term. It is commonly associated with indecision, laziness, and irresponsibility. You may not realize it yet, but procrastination has its share of positive effects. In fact, procrastinating can help you manage your finances properly. Here are two of the reasons procrastination is effective in helping [...]

The last thing that you want to see on your credit report (aside from a pending debt or a bankruptcy record, of course) is a “late payment” entry. A “late payment” entry, after all, may affect your financial credibility. Not only does it has the potential to damage your financial reputation to future lenders, but [...]

The Internet is a very useful tool in helping industries improve their business. In fact, even the banking industry has been using the Internet to administer online banking: the process of providing banking services via the Internet. Here are some of the reasons online banking is such a great innovation.
* Online banks are open 24/7
Dropping [...]

The duties and responsibilities of bankers are not limited to reviewing financial statements, managing bank accounts, administering financial transactions, and issuing check encashments. In fact, there are bankers who specialize in helping companies improve their businesses. They are called investment bankers and they are responsible for helping companies improve their financial state through proper financial [...]

The cheapest stocks you will ever find, which usually cost less than US$5, are called penny stocks. These types of stocks are issued by companies with an immediate need to generate the capital that will be used to either start or save their business. The companies that offer penny stocks, therefore, are either starting business [...]

Credit card is more than just a piece of plastic. For many credit card holders, a credit card signifies purchasing power: the ability to buy almost anything they want. Because of this mindset, many credit card holders sometimes get carried away with spending that they end up accumulating credit card debt. Luckily for them though, [...]

Investment is a very risky gamble: you either gain much or lose much. One man who made a billion-dollar empire by simply risking his money on all the right stocks is Warren Buffet: investment icon and (after taking the top spot from IBM CEO Bill Gates in the Forbes Magazine 2008 list) richest man in [...]

It is quite stressful to commit an overdraft: not only do you have to forward sincere apologies to your merchant for releasing an invalid check, but you also need to pay outstanding fees to your bank for spending more than what is left in your account. One way of protecting yourself against the possibility of [...]