Pellicano Articles
www.greatstockpix.com Asalways, only trade with money you can afford to lose and use tight stops. Information provided in the Service is for educational purposes only and that greatstockpix.com LLC is not, and does not represent itself to be offering or recommending any securities to be bought or sold. We are not brokers or investment advisors. The service is provided as a guide only, which must be tempered by the investment experience and independent decision making process of the individual. Day trading can be extremely risky. Day trading generally is not appropriate for someone of limited investment or trading experience and low risk tolerance. You should be prepared to lose all of the funds that you use for day trading. Do not fund day-trading activities with retirement savings, student loans, second mortgages, emergency funds, funds set aside for purposes such as education or home ownership, or funds required to meet your living expenses. Day trading requires knowledge of a firms operations. You should be familiar with a securities firms business practices, including the operation of the firms order execution systems and procedures. Under certain market conditions, you may find it difficult or impossible to liquidate a position quickly at a reasonable price. This can occur, for example, when the market for a stock suddenly drops, or if trading is halted due to recent news events or unusual trading activity. The more volatile a stock is, the greater the likelihood that problems may be encountered in executing a transaction. In addition to normal market risks, you may experience losses due to systems failures.
Tags: CNBC, cramer, day, fast, Jim, learn, Market, money, picks, Stock, Stocks, swing, to, trade, trades, trading
Posted in Stocks · March 11th, 2010 · Comments (1)
Before I can tell you how to utilize balance transfer credit cards, I feel that it is very important that I explain exactly what a balance transfer credit card is. Balance transfer credit card accounts are credit cards that allow you to use them to pay off other charge card accounts with a much lower apr. These charge cards usually come with a very low introductory rate. An introductory interest rate is one that will last a shor period of time, usually somewhere between 6 months to a year. Also, balance transfer charge cards are usually only for people with good or excellent credit. With less than perfect credit, it is extremely hard to find a balance transfer credit card.
When looking for a balance transfer credit card, it is important that you look at a couple different aspects and weigh the good and bads of each credit card. Here are the things you want to figure out:
1. What is the introductory interest rate? – This is a very important question to ask when looking for the best balance transfer charge card. If you are able to pay off the balance within the introductory period, you want to know what you are going to pay during this time. Most balance transfer credit card accounts come with a 0% introductory rate however, some of these credit cards will have a 2.9% or a 5.9% introductory rate.
2. What is the transaction fee for the balance transfer? – This is also important. In the past, balance transfer credit cards didn’t have fees. Well, unfortunately with the economy being so horrible, this is no longer the case. Actually as of about 6 months ago, I havn’t seen a balance transfer credit card that didn’t have a transaction fee. However, even with the transaction fees, it may still be in your best interest to transfer balances to save some cash. If you find a balance transfer credit card with a fee that is less than 5% you are actually doing well. As a matter of fact, Discover card is running promotions between 3% and 4% fees. This is definately something that you may want to take advantage of. Actually it is an awesome offer because it comes with a 0% intro interest rate.
3. What is the ongoing apr? – This has to be the most important aspect in looking for a balance transfer charge card. The ongoing interest rate is the interest rate that you will pay after the promotional period. You don’t want to transfer money from one charge card to another if the ongoing interest rate is going to be higher than what you are already paying. Yes I understand that 0% introductory interest rate looks great but, if you can not pay the debt in full within the promotional period, you are going to end up putting yourself in a worse position than you were in before.
If this is all too much to take in or you need help with another subject, feel free to contact Jem Credit Cards. They are the leader in providing first class customer service whil offing the best credit cards and debt advise around. You can contact them:
*By phone – (561) 355-0069
*By email – Support@JemCreditCards.com
*On the web – www.JemCreditCards.com
Tags: balance transfer, Credit, credit card, credit cards, money
Posted in Credit · March 10th, 2010 · Comments (0)