Monday, December 28, 2009

The System of Forex Intraday Pivots Trading - HOW THE TRADE SYSTEM WORKS

When price penetrates a pivot number, it often retraces back to the pivot, and touches it briefly. If it was support that was penetrated, and it does not move back up above it, but continues to hover just below it, there is about to be a drop in price.

At the point that it retraces after dropping below support, enter a sell with a modest stop loss somewhere on the other side of the broken support line. Notice the illustration below of the USD/JPY at 2 am EST. The price had just broken below the S2 number, which was 123.38. It briefly touched the 123.38 to 123.41 area and then began to descend. As you can see, it moved down all through the European and US market sessions.

Monday, December 21, 2009

The System of Forex Intraday Pivots Trading - HOW THE SET-UP SYSTEM WORKS

After you have calculated the pivot numbers for the day, place horizontal lines on your 5-minute and 1-hour charts at the pivot numbers for the day, or at least as many lines as your chart gives you room for. It should look something like this:

The lines in the above illustration represent five of the nine calculated numbers. On this five-minute chart, that was all there was room for. The nine numbers are:
R2,M4,R1,M3,Pivot,M2,S2,M1,S1

Monday, December 14, 2009

The System of Forex Intraday Pivots Trading

This is a trading system that I use primarily on the Swiss Franc (USD/CHF) in the Spot Foreign Exchange market. I will outline the system as I apply it to the Swiss Franc, hereafter known just as USD/CHF (I believe this stands for Confederation Helvetica Franc).

WHAT YOU NEED
1. Five-minute and 1-hour charts for the forex currencies. The 1-hour chart helps define the intraday trend and the five-minute is used for entry and exit. I use MG Forex’s charting package because their charts represent broker prices and closely reflect the prices of all retail brokerages (i.e., MG Forex, FX Solutions, FXCM, GFT Forex, Gain Capital, etc.).

Sunday, December 13, 2009

The ideal market for trading [How to Trade The Forex like a Pro in One Hour]

Tired of giving money to your broker and feeling broker? Well, outperform him or her. Currencies don’t crash. They outperform stocks. Earn immediate income and stop worrying about job security and layoffs forever.

WHY YOU SHOULD GIVE THE FOREX A SECOND LOOK
- Large returns
- Currencies trend well.
- There are no commissions.
- US$6 trillion a day and growing
- The forex is a very efficient market.
- High leverage: Each pip is worth US$10
- There is lots of movement in this market.
- You can trade 24X5 from home or anywhere.
- Little capital is required – as little as US$500.
- You can easily start out by taking 20 pips a day.
- You can trade whether you have a day job or not.
- You can hedge at FX Solutions. Not all market makers allow this.
- All you need is an Internet connection; charting/dealing software is free.
- This is real-time trading; 2.5 to four second response time; rare re-quotes.
- Low lot size: 100 to one ratio; US$100 controls US$10,000 (1,000 = 100,000)

Saturday, December 12, 2009

How To Save On Auto Insurance

One of the main considerations most of us take into account when shopping for automobile insurance is, of course, cost. No one wants to pay more for a auto insurance if you can get it for less, right? Isn’t that the American way? With that in mind, let’s explore some of the things you can do to keep your auto insurance costs as low as possible.

By far the biggest single factor in keeping your auto insurance rates as low as they possibly can is a clean driving record. Period. If you’ve had an accident or moving violation in the last three years, your auto insurance rates are going to go up. In some cases, even if you are involved in an accident, your auto insurance company is probably going to hike those rates up noticeably.

Buying Auto Insurance On the Internet (Online)

Auto insurance agents, some say, are a dying breed. Nowadays, auto insurance is
one of those service businesses that are becoming more and more dominated by Internet providers.

As a matter of fact, there's some question whether auto insurance agents are needed at all anymore. Do you really want to spend your Saturday morning visiting an auto insurance office to get pitched on a single car insurance company's policy when you can buy auto insurance online any time - weekends, evenings, etc. Not only that, but buying auto insurance online enables you to compare the offerings of several companies side-by-side in terms of policies and premiums. What's more, you can buy the policy online (in most states), and even file claims on the Web.

Friday, December 11, 2009

LEARN THE SECRETS CONFINED TO A TINY CIRCLE OF INSIDERS JOIN THE WORLD’S LARGEST MONEY-MAKING BUSINESS THE DAILY $6 TRILLION TREASURE HUNT

Stop what you’re doing for a minute and consider this. We’ll show you how you can get your share of the $6 trillion-a-day markets. You’ll think you’ve died and gone to
Heaven when you find out how easy it is to mimic the pros. Every day, six trillion dollars float through the hands of people who aren’t any smarter than you or I are. It doesn’t make any difference if you’re an accountant, baker, butcher, retired sea captain, homemaker, airline pilot, surgeon - or cop on the beat.

If you’re willing to take some direction, you deserve a nice piece of the action. You’ll never have to learn zip about currencies. You will learn the techniques and strategies to go out and claim what is rightfully yours. Play right along with the giants of world commerce. You won’t be on the outside looking in; you’ll be enjoying the thrill of a lifetime, riding on their king-size coattails. Trading the forex market deserves your serious consideration.

The 25 Rules Of Forex Trading Discipline - Part 21/25 Disciplines

21. LEARN TO SWEAT OUT (SCALE OUT) YOUR WINNERS.
The net effect of scaling out of your winners will be an increased average win per trade while keeping your losses to your pre-defined risk parameters. You should never scale out of your losers. If your trade size is more than a one lot and your trade is a loser, you must exit the entire position en masse. If your trade size is more than a one lot and your trade is a winner, it is best to exit one-half of your position at your first price target.

If you trade with protective stop-loss orders, you should amend the order to reflect the change in trade size (remember you have exited onehalf of your position) and raise or lower the stop price, depending on whether its a long or short position, to your original initiating trade entry price. You now are essentially playing with the houses money.

The 25 Rules Of Forex Trading Discipline - Part 16/20 Disciplines

16. IF YOUR TRADE IS NOT GOING ANYWHERE IN A GIVEN TIMEFRAME, IT’S TIME TO EXIT.
This rule relates to the theory of capital flow. It is trading capital that pushes a
market one way or another. An oversupply or imbalance of buy orders will push the
market up. An oversupply of sell orders will push the market lower. When price stagnation is present (as typically happens many times throughout the trading session), the market and its participants are telling us that, at the present time, they are happy or satisfied with the prevailing bid and offer.

You dont want to be in the market at these times. The market is not going anywhere. It is a waste of time, capital and emotional energy. Its much better to wait for the market to heat up a little and then place your trade.

Thursday, December 10, 2009

The 25 Rules Of Forex Trading Discipline - Part 11/15 Disciplines

11. THE FIRST LOSS IS THE BEST LOSS.
Once you come to the realization that your trade is no good its best to exit immediately. Its never a loser until you get out and Not to worry, it'll come back” are often said tongue in cheek, by traders in the pit. Once the phrase is stated, it is an affirmation that the trader realizes that the trade is no good, it is not coming back and it is time to exit.

12. DON’T HOPE AND PRAY. IF YOU DO, YOU WILL LOSE.
When I was a new and undisciplined trader, I can’t tell you how many times that I
prayed to the “Bond god. My prayers were a plea to help me out of a less-than-pleasant trade position. I would pray for some sort of divine intervention that, by the way, never materialized. I soon realized that praying to the 'Bond god' or any other 'futures god' was a wasted exercise. Just get out!

Wednesday, December 9, 2009

The 25 Rules Of Forex Trading Discipline - Part 6/10 Disciplines

6. DEVELOP A METHODOLOGY AND STICK WITH IT. DON’T CHANGE METHODOLOGIES FROM DAY TO DAY.
I require my students to actually write down the specific market prerequisites (setups) that must take place in order for them to make a trade. I dont necessarily
care what the methodology is, but I do want them to make sure that they have a set of rules, market setups or price action that must appear in order for them to take the trade. You must have a game plan.

If you have a proven methodology but it doesnt seem to be working in a given trading session, dont go home that night and try to devise another one. If your methodology works more than one-half of the trading sessions, then stick with it.

7. BE YOURSELF. DON’T TRY TO BE SOMEONE ELSE.

Monday, December 7, 2009

The 25 Rules Of Forex Trading Discipline - Part 1/5 Disciplines

1. THE MARKET PAYS YOU TO BE DISCIPLINED.
Trading with discipline will put more money in your pocket and take less money out. The one constant truth concerning the markets is that discipline = increased profits.

2. BE DISCIPLINED EVERY DAY, IN EVERY TRADE, AND THE MARKET WILL REWARD YOU. BUT DON’T CLAIM TO BE DISCIPLINED IF YOU ARE NOT 100 PERCENT OF THE TIME.
Being disciplined is of the utmost importance, but it's not a sometimes thing, like
claiming you quit a bad habit, such as smoking. If you claim to quit smoking but you sneak a cigarette every once in a while, then you clearly have not quit smoking. If you trade with discipline nine out of ten trades, then you can't claim to be a disciplined trader. It is the one undisciplined trade that will really hurt your overall performance for the day. Discipline must be practiced on every trade.

The 25 Rules Of Forex Trading Discipline - Part The Wheel of Success

There are three spokes that make up, what I call the Wheel of Success as it relates to trading. The first spoke is content. Content consists of all the external and internal market information that traders utilize to make their trading decisions. All traders must purchase value-added content that provides utility in making their trading decisions.

The most important type of content is internal market information (IMI). IMI simply is time and price information as disseminated by the exchanges. After all, we all make our trading decisions in the present tense based on time and price. In order to scalp the markets effectively, we must have the most live and up-to-date time and price information seamlessly delivered to our PCs through a reliable execution platform and/or charting package.

The 25 Rules Of Forex Trading Discipline - Part introduction


The success that a trader achieves in the markets is directly correlated to one’s trading discipline or lack thereof. Trading discipline is 90 percent of the game. The formula is very simple:Trade with discipline and you will succeed; trade without discipline and you will fail.

I have been a trader and member of the Chicago Board of Trade (CBOT) for 20 years.
During my successful pit-trading career as a scalper, I traded in three different contract markets: 30-Year Treasury bonds at the CBOT, the S&P 500 at the Chicago Mercantile Exchange (CME) and the Gilts at the London International Financial Futures Exchange (LIFFE). Currently, I also trade the electronic $5 Dow futures contract on the CBOT as time permits.

Friday, December 4, 2009

Choosing Online Forex

There is an abundance of platforms for online forex trading. Choosing one may be
difficult for someone who is new to this market. Here is the online forex trading software that displays forex trades visually, enabling forex traders of all levels to take part in the forex trading.

Online foreign exchange trading is the most economical yet lucrative means of
communicating with traders and other players in the foreign exchange market. Here is the innovative forex trading platform that took the world by storm, thanks to its visual approach to trading and superb trading capabilities. This online trading currency platform also provides good transaction online facilities.

Wednesday, December 2, 2009

The Important Steps of Day Trading Forex

Before I talk about how to succeed with day trading forex, I must let you know that many forex traders will lose money. It happens to us all. If reading that didn’t scare you, then you might be one of the few people who have the courage to day trade the forex market carefully, and not fall into the dangers of overconfidence which many traders suffer from.

But even beyond that, the problem that many day traders have is that they just don’t understand the market. That’s why you see so many of these day traders inundate their chart with useless indicators that provide absolutely no insight to the market such as stochastics, MACD, RSI, and other bells and whistles that may look pretty on the charts, but don’t amount to a hill of beans. All these indicators are good for, is to tell you what has already happened. They are completely lagging by nature.

Forex is the largest currency market in the world

Forex is the largest currency market in the world. It isn't located in any particular city or town. As a matter of fact it isn't located anywhere - it is entirely electronic. All you need to start investing money on Forex is ONE dollar and access to the Internet. These easy to fulfil requirements are the reason why millions of people invest their money on Forex every day. Among the investors are
professional stock brokers, accountants, housewives, retired persons, students, engineers and stayat- home mothers - literally anybody. There's no need for any specialised knowledge or skills to become a Forex trader.

» Is it simple?
Yes, very simple. What more - it can't be any simpler. The Forex market users log in to their accounts via the Internet and, in the simplest case, they see in their browsers the following:

Tuesday, December 1, 2009

Making Money on Global Forex Trading

There are different forms of business. But the easiest way of making money is to trade Forex. One of the leading providers of Forex trading in real times basis is the global Forex trading. It started out its operation since 1997. It gives chances to individuals to trade Forex online on real times and it offers an opportunity to
most Forex brokers to earn millions each day.

Global Forex trading is currently serving over one hundred countries. It uses the DealBrook FX2 software and provides twenty four hours access on the Forex market. It is also equipped with the highest quality of consumer service which is widely available in the industry of Forex trading. The Forex brokers are given the opportunity to have an access on the prices of over sixty currency pairs and provide analytical services from renowned experts. The traders are also updated with the latest news bulletin on currency status and available Forex charts. Global Forex trading is the only provider of trading platforms on forex suitable for beginners as well as professionals.

The Accenture Business Intelligence Solution for Insurance

Every day, senior executives in the insurance industry must make complex, business-critical decisions that take into account a wide array of performance metrics and market intelligence. Facing rigorous regulation and complex information-rich value chains, insurance companies have an absolute need for detailed, granular knowledge of what is happening in their operations, together with an ability to analyze this information in real time to investigate specific events, emerging trends and future what-if scenarios.

In many cases, the difficulty of achieving world-class business intelligence (BI) in insurance is compounded by insurers’ legacy information assets. At the same time, ongoing change in consumers, competition and capabilities means insurance businesses face growing pressure to break down their traditional, rigid information silos.

Friday, November 27, 2009

Long Term Care Insurance and Planning

The statistics do not lie – nearly one in two over the age of 65 will need some form of long term care medical assistance. The average nursing home stay is approximately three years and the cost can be anywhere from $30,000 to $90,000 annually. A three year stay in a nursing home in an average priced facility could cost over $210,000. At the same time, the federal and state governments are enforcing recent law changes regarding Medicaid. These changes make it more difficult than ever to qualify for Medicaid benefits.

Relying on Medicaid is no Longer a Viable Solution for Most Estates The passing of the Deficit Reduction Act makes clear that government entitlement programs will no longer pay for fiscally able consumers. Individuals and families trying to avoid privately paying by giving away or hiding assets are unlikely to qualify for Medicaid. The look back period has increased from 36 to 60 months and gifting assets to family will only delay any Medicaid benefits you might receive therefore negating the gift itself. Medicaid only allows $500,000 in property value and will attach a lean to your property to recuperate its outlays.

How to Select a Health Insurance Plan

Health insurance is a necessary item for all individuals regardless of overall health. At any given time we as humans are susceptible to injury or illness and should the time come when we are in dire need of health care, we should not have to be faced with the choice of suffering through pain and discomfort because we cannot foot the bill for a trip to the emergency room or urgent care. However, it is also important to understand that not all health plans work in the same way.

Some insurance terms that you should understand:
Copay: A small fixed amount required by a health insurer to be paid by the insured for each outpatient visit or drug prescription. Copays differ in amount from policy to policy and the most common form of copayment is for an office visit to see the doctor. Copayments also apply for outpatient procedures like same-day surgeries, emergency room visits, and as mentioned above, prescriptions.

Thursday, November 26, 2009

Several factors effect determine mortgage interest rate

Whenever someone applies for a mortgage, the magical question is “What is my rate?” Rates determine your payment for the course of the loan, so of course this is very important.

There are many different factors that determine one’s interest rate.
Interest rates, much like the stock market are constantly changing, and are determined by the bond market, mortgage backed securities, the federal funding rate, and leading economic indicators like employment numbers and housing statistics.

These rates are then the basis for each individual loan. The rate that an individual borrower receives is than based on the risk that their particular loan involves. Several factors effect rates; these are:

Mortgage Rates at Mortgage Refinancing Toronto are beneficial and unique too

People who are very rich or rather we can say that who are millionaires also sometimes take the financial assistance from the leading mortgage companies to raise their property. They do this because they know that the mortgage companies like Mortgage refinancing Vancouver assist people in a very systematic way and the mortgage procedures are very easy. Inflation and decrease in real estate rates have actually made things difficult for the people of middle class to even think to purchase a property.

Many have approached the mortgage companies like Mortgage Refinancing Vancouver for financial assistance but still many people have confusions about the home mortgage rates or even Inexpensive Mortgage Refinancing. To come out of the confusion people can log on to the famous websites of the town and make queries there and be clear about the entire confusion. They can even take the assistance of the financial advisors because they are experts and know each term and condition in detail and they guide people towards taking appropriate decision. They are also efficient with the entire procedures which the borrowers will have to go through while taking the mortgage and even after taking the mortgage.

Wednesday, November 25, 2009

Tips How To Find City Mortgage Online

Texas Mortgage Company .This full-service mortgage loans fears hundreds of mortgage loan programs.

a) First time buyers - they offer 100% financing loans even to those who are less perfect credit, and refinancing loans from cash loans, debt consolidation loans and home equity loans.

b) Short term loans - they still offer loans, adjustable loans, construction loans, no documentation loans, and loans to buy cheaper and zero point loans. Specifically small and medium size properties, including the BMC service multifamily loans and loan NNN began real estate advice and service.

Tuesday, November 24, 2009

Indian Insurance from Agents / Brokers Perspective

Agents or Brokers are back-bone of Insurance Industry across the world and India is no exception. Agent and Brokers are the Feet on Street besides Eyes and Ears (also known as ground level under-writers) for Insurance companies. Not only they educate about insurance products but also deliver the Insurance policy, they explain the Coverage / Inclusions / Exclusions to the end consumers.

Traditionally, Agents did a great job, but now Corporate Agents / Brokers have taken the mantle of spreading the word of Insurance around, Brokers are working hand-in-hand with Insurance companies to present solutions asked by High End Consumers & Corporate. Indian economy is changing fast, thus there is a huge demand of new Insurance products to manage the global exposure of Indian companies. The growth of Indian IT / ITes companies, expansion of Financial Services and double digit growth in Aviation, Mining, Manufacturing and Exports have put pressure on intermediaries like Direct Brokers and Re-Insurance Brokers to come-out with better & Apt Risk Covers (ARC).

Monday, November 23, 2009

Indian Insurance from Underwriters perspective

Insurance companies in India are clearly divided into 2 part (again a British Legacy) – a) The Life Insurance, covering the Life of an individual or group. Any thing that does not fall into this category falls into b) Non-life Insurance. There is also a 3rd group or the so called a gray area, where both Life and Non-life Insurance Companies compete now. It is Health Insurance & Credit Insurance.

Underwriters of Insurance companies have traditionally ruled the market before
liberalization, since it was Seller’s Market. LIC for Life Insurance and 4 sisters from Non Life Companies (All Govt. owned) served the market for over 3 decades. It is amazing to see, how much the Indian Insurance canvas has changed now. In flat 6 years of active liberalization, we now have more than 30 Insurance Companies, competing and working hard over-time to garner, bigger share of growing USD 20.00 billion market. Interesting to see, that the lion share of the market is still with the past leader only i.e.

Indian Insurance from Customers perspective

Indian Insurance consumers are like Indian Voters, they are soft but when time is right and ripe, they demand and seek necessary changes. De-tariff of many Insurance Products are the reflection of changing aspirations and growing demand of Indian consumers.

For historical years, Indian consumers were at receiving end. Insurance Product was underwritten and was practically forced onto consumers on a “Take-it-As-it-basis”. All that got changed with passage of IRDA act in 1999. New insurance companies have come into existence leading to open competition and hence better products for customers.

Indian customers have become very sensitive to Coverage / Premium as well as the Products (read Risk Solution), that is given to them. There are not ready to accept any product, no matter even if that is coming from the market leader, should that product is not serving the purpose. A case in point is ULIP Product / Group Life and Credit Life in Life Insurance segment and Travel / Family Floater Health and Liability Insurance in the Non-life segment are new age Avatar.

Sunday, November 22, 2009

Visitors Insurance For The United States Traveler

Like your prescription medicine, you should never forget your US Visitor insurance if you are traveling to the United States. Like it or not, you will never know when or where in the US a medical emergency can strike you. And if you are not prepared, it can cost you a lot and dampen an otherwise lively vacation.

What is US Visitor insurance?
It is just like any other health insurance product. It covers a recipient’s health care costs including hospitalization, surgery, intensive care, and even prescription drugs. As the name implies, a US Visitors Insurance is very specific to US visitors. Unless if you are traveling on business, tourist, or student visa; you cannot qualify for any plan. With this type of insurance, the insurance company directly pays the doctor and the hospital.

Unsecured Business to Start-up Loan

Obtaining financing can sometimes be the most grueling part of starting a new business. The loan approval process for an unsecured business start up loan sometimes seems like a maze, with stringent credit requirements, complicated business plans, and paperwork full of terms that are like a foreign language to the layman prospective business owner simply trying to get a loan. Options can be rather slim and unfitting when it comes to financing for the new business owner; unrealistic collateral requirements and proof of projected business profitability can sometime seem more like a joke than a reality.

Collateral is often the biggest obstacle to the prospective business owner. Not only does a new business not yet have any commercial collateral to provide; but it is asking a lot for an entrepreneur to put his hard earned personal assets at risk in order to start a new business venture. Yet, without collateral, getting a business financing can sometimes seem impossible.

Saturday, November 21, 2009

Keep a Good Credit Standing Tips

When it comes to getting or keeping a good credit rating, many people are unaware of anything until it is too late for them. In fact, most people do not think about their credit rating when they are applying for a credit card or loan of some sort!
Because of that, there are many things for people to do and read before they get their credit rating too bad!

One thing that many people do not know is that once they have bad credit, there is
still a way for them to get back to having good credit. In fact, there are many things that people can do to keep a good credit standing! One of the most important things that people should keep in mind when trying to keep their credit good is that paying your debt on time is the best thing they can do (as 35% of your credit score is your payment history).

Thursday, November 19, 2009

Tips How to Buying a House with Less Than Perfect Credit

Today, borrowers seeking a home mortgage through conventional banks must possess a credit rating of 750 or higher to obtain a low interest loan. In addition to excellent credit, potential homeowners must have a strong history of paying debts on time and a solid work history. Fortunately, alternative options exist for borrowers with less-than-perfect credit.

One popular home mortgage alternative is referred to as seller carry back mortgages. Using this technique, sellers act as the lender and carry all or a portion of the purchase price. Seller carry back contracts usually last between two and five years; allowing borrowers time to clear negative credit or establish credit. When the contract expires, borrowers apply for a conventional home mortgage.

Wednesday, November 18, 2009

10 great investing rules to rev up your investing profits

Remember that old adage to the effect that those who don't learn lessons from history are bound suffer avoidable hardship?

Learning the important lessons that history of investment offers, will rev up your investing profits. . .

1. Put all your eggs in one basket and watch that basket!
This saying comes from Mark Twain, but has been applied to stock market investment more or less verbatim by both John Maynard Keynes and Warren Buffett. Modern portfolio theory suggests that one can reduce risk by diversification.

However, if you were an active investor you would do better to concentrate your shareholdings in a limited number of companies which you feel you understand. This can actually reduce risk.

Tuesday, November 17, 2009

What the heck is life insurance anyway ?

Let’s answer it simply and use a couple examples for clarification. Life insurance is any product that pays a financial benefit for an incident or action in a person’s life. Let‘s use car insurance as an example for clarity.

Car insurance has many different forms. It doesn’t pay a benefit only if you completely destroy a vehicle. There is coverage for theft, fire, vandalism, collision damage, glass damage, rental vehicle replacement, etc, etc. You are starting to get the picture. It is all car insurance, because it pays benefits relative to a car. The cost and benefits of “car” insurance depends on what features you choose.

Another good example is house insurance. Think about it. You can insure against specific incidents; fire, theft, flood, sewer backup, liability, tenants packages, contents, etc. It’s all “house” insurance but there are many facets to it.

Monday, November 16, 2009

The important consideration terms of your home loan

Whether you have a first mortgage, second mortgage or are refinancing your existing mortgage, the terms of your home loan are an extremely important consideration. The terms of your mortgage generally determine how much interest you pay and the amount of time it will take to pay off the loan — typically 15 or 30 years. The most common loan terms include:

Fixed-Rate Mortgages
A fixed-rate mortgage is a home loan option with an interest rate that’s fixed — in other words, it does not change for the life of the loan. These mortgages have the
same payment every month and protect you from rising interest rates.

Types of Home Loans, What’s right for you?

There are many types of home loans available today. Whether you’re buying a home or looking for a better home loan program to get cash fast, consolidate debt or save money, there are options available.

First Mortgage
When buying a home, borrowing money from a lender to purchase it is usually a part of the process. The first position home loan taken out on a property is called the first mortgage. When you take out a home loan or first mortgage on a property, you agree to pay the lender back over a certain period of time and pay interest charges.

There are usually other fees included as part of buying a home, called closing costs. Closing costs vary, but usually include:

Sunday, November 15, 2009

What is a No Doc Loan ?

However, even if you don't have all your "ducks in a row," don't despair. There is another option. Perhaps it's in a No Doc Loan. What you need to do is go ahead and meet with a SC Lender. Never assume you can't get a Mortgage for a home in South Carolina...because of your credit or anything else. That’s our specialty! Carolina Mortgage, LLC helps people find the best offers available for difficult lending situations.

We can set you up to talk to "The Bank" see whether they're willing to give you a
loan. Even if they won't give you a loan they can probably help you by letting you know where your "Ducks" are and where they need to be. We can advise you so that you can work towards qualifying in the future.

Saturday, November 14, 2009

Simple Way For Reducing Mortgage Payments

Mortgage refinance provides homeowners with the opportunity to reduce monthly mortgage payments or obtain cash using accrued equity from their home. Before refinancing mortgage notes it is important to understand the process and shop around for the lowest interest rates and closing costs.

Prior to scouting out mortgage refinance loans, borrowers should review their current mortgage note. The first thing to look for is a prepayment clause. Most home loans include prepayment penalties for paying loans off early. Homeowners with a first and second mortgage could be slapped with steep prepayment penalties; negating savings obtained through refinancing.

Tuesday, November 10, 2009

A Hub of the Most Popular Mortgage Banks

Mortgages have changed the lives of individuals for ever. Distant dreams have turned in to reality. Once you had dreamt of owning your own dream house. Mortgages have provided you with the opportunity to realize your dream. With the facility of Mortgages, you can place your property as a guarantee to the money lender in return for some cash.

Mortgages are of many types. They are mortgages dependent only on interest rates, mortgages which has a flexible interest rate, fixed interest rate mortgages, reverse mortgages and balloon mortgages. All such mortgages are provided by a legal financial institution which is commonly called a bank.

Mortgage And All Its Quotes

A mortgage property is a security for the performance of the obligation, usually the payment of a debt. While a mortgage is not a debt, it is evidence of a debt. 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 security for the loan that the lender makes to the borrower.

Mortgage quotes help us to estimate our budget so we can determine the price of the homes we should be shopping for or how to get the best interest rate for our refinance. Mortgage quotes give an indication of mortgage rates that allow us to estimate our expenses to achieve a good result. To estimate mortgage rates, visit the Internet and employ the calculators free to use at the real estate sites online.

Differences between mortgages offered to minorities and mortgages offered to whites

Mortgages for Minorities: How much is too much?
The Fed has released several reports over the last few years that express, in detail, the differences between mortgages offered to minorities and mortgages offered to whites.

While the industry tries to maintain that they offer fair business practices, the results don’t support this at all. Minorities are more likely to be denied a home loan, often pay higher interest rates than whites and frequently must provide a larger down payment. The gap between minority home owners and whites continues to narrow at a snail’s pace, but steps are being taken to help change the situation.

Loan Rejection

African-Americans and Latinos suffer a large percentage of rejections when applying for mortgages, research suggests. Latinos have the highest denial rate, nationwide, with African-Americans coming in 6th, behind Latinos and other minorities. Lenders say it has nothing to do with minority status and much more with credit ratings and debt loads that are not taken into account by the surveys.

Monday, November 9, 2009

10 Simple Ways For Getting Best Mortgage Quotes

Mortgage industry is capable of transiting through different levels of fluctuations,
based upon the turns and twists experienced in the market. Despite the fact that the
industry has adopted a bendable approach, as far as mortgage interest rates are
concerned, the homeowners still need to learn a lot before purchasing a particular
mortgage plan. A mortgage buyer, with no prior experience in the field, might
experience potholes on the road towards best mortgage quote. The subsequent discussion is facilitated to provide you with 10 most significant tips for getting best mortgage.

1. Choose The Best Lender
The mortgage lender is the person, who is trusted by a homeowner for getting bet mortgage plan. While finalizing the deal with a lender, make sure that you are sitting across the best Mortgage provider in the town. It is essential to earn knowledge about the reputation of mortgage lender in industry.

Sunday, November 8, 2009

How to Find A Good Mortgage Broker Online

Most business people have an established relationship with their bank and take advantage of that relationship whenever they need to borrow money! However, here is the question that you should be asking yourself: "Is your bank taking advantage of you, or could a Mortgage Broker or Home Loan Consultant do a better job?". More and more the answer to that question is "Yes"!

Mortgage lenders have set up shop online, but they aren’t all reputable mortgage brokers. To find a good mortgage lender you need to compare rates and research to find reputable companies!

Mortgage Broker Services
A mortgage broker works with several lenders to find the best financing for the purchase of a home. No matter if you have perfect credit or bad credit, typically a mortgage broker can find you a lower mortgage rate than if you went with your neighborhood bank.

Promote our Business website with 5 simple ways

Starting a website is becoming easier and easier everyday. There are many different
website design tools which allow you to create your site easily without knowing any html web language codes for website. Some of there tools are free and open source where as others are proprietary and you have to pay for them. If you don’t have time to do yourself-you can use one of the ready made template which some of free server and blog sites are offering.

As designing of website becoming easier, birth of more and more website is taking place everyday and so is the difficulty of promoting your own website. It is like having your boat in deep sea and you have to find your way out. Promoting your site and bringing more traffic to your site is not an easy task. Some proven guidelines which can help promoting website are listed here. Feel free to copy /distribute this article in any form or fashion as long as it is not changed or author name is not removed.

Difference between mortgage life insurance, mortgage loan insurance or mortgage default insurance

What’s the difference between mortgage life insurance, mortgage loan insurance or mortgage default insurance? These terms all seem quite similar and are sometimes used interchangeably to add further confusion to things. These various types of coverage are very different and offer unique benefits to Canadian homeowners. Mortgage loan insurance or mortgage default insurance is typically required by lenders when you are buying a home or looking for mortgage refinancing and have less than a 20% down payment based on the property’s value. Mortgage life insurance, on the other hand, is a life insurance policy that pays out a lump sum upon your death to cover the rest of your mortgage. You can view more details in our Canadian Mortgage Life Insurancearticle.

How To Buying Auto Insurance On the Internet

Auto insurance agents, some say, are a dying breed. Nowadays, auto insurance is one of those service businesses that are becoming more and more dominated by Internet providers.

As a matter of fact, there's some question whether auto insurance agents are needed at all anymore. Do you really want to spend your Saturday morning visiting an auto insurance office to get pitched on a single car insurance company's policy when you can buy auto insurance online any time - weekends, evenings, etc. Not only that, but buying auto insurance online enables you to compare the offerings of several companies side-by-side in terms of policies and premiums. What's more, you can buy the policy online (in most states), and even file claims on the Web.

Friday, November 6, 2009

5 things Pet Insurance Owners Won't Have to Ever Worry About

Although the number of pet owners with pet insurance is on the rise, the total number is still relatively small which is unfortunate given the peace of mind that comes with having pet insurance. Here are some things you wouldn’t have to worry about…

1. Will I have to decide between paying a costly veterinarian bill and putting the family pet down?

Those with pet health insurance will be faced with this question far less often than those without. In the event of an emergency, how many out-of-pocket expenses could you afford to cover? Do you have enough money saved to cover an unexpected life-saving pet surgery? Your pet is a family member; so don’t risk putting yourself in the unfortunate position of having to put your beloved pet down because you can’t afford the vet bills.

2. Could advances in veterinary medicine and the latest high-tech diagnostic tools save my pet’s life?

Five Most Expensive Mistakes that CFO’s Face When Reviewing Insurance Options

Five Most Expensive Mistakes that CFO’s (Businessowners, CEO's, COO's and Board Members too) Face When Reviewing Insurance Options.

CFO’s we speak with are frustrated with the way in which their insurance program is handled. They get quotes at the last minute… they don’t have time to thoroughly evaluate what they are getting… they don’t fully understand the coverage especially the exclusions and how they may affect a loss… they are not certain that they are getting the “best” deal available… they are not even certain that their current insurance relationship has their best interest in mind, especially for the long haul.
Let’s take a look at a few statistics:

According to a recent report of nearly 400 CFO’s and Treasurer’s of some of the world’s major corporations called the “Protecting Value Study” from the commercial and industrial property insurer FM Global, the Financial Executives Research Foundation, and the National Association of Corporate Treasurers (NACT) found that 85 percent of the respondents indicated that they view risk management as an investment. In particular, they do so because they believe that it protects their business continuity; as a result, they believe there is a realized return on investment. We too believe that an insurance & risk management program should be geared to a greater return on investment and you don’t have to be a major corporation to get a better return. The question is how do you accomplish that goal?

Getting Health Insurance Before Leaving Your Job

One of the biggest concerns and stumbling blocks a lot of Future Retiries have and make is in the area of getting Health Insurance. Now, your needs will vary and change due to having a family or being single...

Although the cost of health insurance is continually rising, it is something that most individuals and families cannot afford to go without. So it’s important to understand the different types of health insurance that are available to you, so you can choose the right health insurance policy that fits your budget.

Thursday, November 5, 2009

Earn Money from Ziddu.com

Ziddu.com is a 100% free file hosting & sharing solution. Free File Hosting was a always a limited service offered till Ziddu.com was introduced. We had a total new approach while offering the free file hosting services, which mainly concentrated on


Unlimited Storage space

Fast Uploads & Downloads

All Free Accounts

Easy File Management

First Online Sharing Community

Personalized cards using Photos

No Waiting – All instant downloads

Tuesday, November 3, 2009

Entrepreneurial Instincts to Starting a Business

Most of my advisory work is with middle-market companies. They generally have revenues between fifty and one hundred million annually. However, I do like to work with an occasional start-up. I find that it keeps me sharp and in contact with the basic ideas behind any business. There is something immediate and even raw about a start-up environment. Perhaps it has to do with the fact that the team is making something out of very little. Perhaps it is the fact that the team focuses primarily on the business of the business and is just beginning to encounter the challenges of the business of business.

I see many start-ups and only work with one at a time. Over the years, I have developed a set of filters to help me choose which ones to work with. It might surprise you to learn that those filters do not focus on the business of the business - I have worked with companies in a wide range of industries - but on the senior team and my estimates of their ability to learn and grow along with their company.

Friday, October 30, 2009

Starbucks Cofee Swot Analysis

Strengths
● Product diversification
● Established logo, developed brand, copyrights, trademarks, website and patents
● Company operated retail stores,International stores (no franchise)
● High visibility locations to attract customers
● Valued and motivated employees, good work environment
● Good relationships with suppliers
● Industry market leader
● Globalized
● Customer base loyalty
● Product is the last socially accepted addiction
● Widespread and consistent
● Knowledge based
● Strong Board
● Strong financial foundation

Small Business CRM solutions

In today’s business scenario, it is well agreed that companies have to be really good at what they do best. This at a reduced cost. This is achieved by doing business smartly.

The steps to do business smartly are:
 Making changes in the business that will have the maximum impact.
 Process automation
 Effective analysis leading to improved sales
 Increased customer responsiveness
 Technological advancement

Since small businesses are essentially customer driven, it makes sense to have the business in more of a customer-centric role. Customer management serves the role of value addition to business, while tailoring the business to meet customer requirements based on analysis allows for value addition to the relationship with the customer. This is where a Customer Relationship Management solution comes into play. A good CRM solution is based on the following fundamentals:
 Streamlining & Automation in sales
 Streamlining & Automation in marketing
 Increasing customer responsiveness
 Productive relationship management & analysis

Time Value of Money

Time value of money is the concept of measuring the value of money over time.

Why do we care, because value of money changes with time and it’s crucial to analysis of a real estate investment to be able to measure and solve for those changes.

There are two components.

Present Value

Present value defines what a dollar is worth today.

For instance, if today’s cost for a duplex is $400,000 it can be said that $400,000 has the present value (or power to purchase) one duplex.

Future Value

Future value defines the worth of a dollar at some future time.

If $400,000 can buy a duplex today, suppose the duplex appreciates 10% and next year costs $440,000. What can be said about the future value of our $400,000? Our money is worth 10% less than its present value because next year it will take 10% more dollars to buy the duplex than it does today.

Wednesday, October 28, 2009

KFC SWOT ANALYSIS

Strengths

- Brand Equity
- 2nd Only to McDonald’s in Foreign Sales $550M
- Strong Cash Flows
- Generate $1B each year
- Very strong Internationally UK, Middle East, Thailand, China, Japan, Korea, Mexico
- Strong Franchise and License Fee revenues for cash flow.
- Interactive relationship marketing
- Strong trademarks recipes
- Ranks highest among all chicken restaurant chains for its convenience and menu variety.
- Largest multibranded restaurant in the world 100 KFC and Pizza Hut combos 600 KFC and Taco Bell combos.

Weaknesses

- Recent drop in sales for KFC
- Failed to rank in top 20 in growth in 2000.
- Same Store sales declined
- Lack of point of scale scanning system
- Admitted inability to provide quality service
- Lack of knowledge abut their customers
- Lack of relationship building with employees, customers and suppliers i.e. Chick-fil-a
- Question of over franchising leads to loss of control and quality
- Lack of focus on R&D