Transferring Credit Card Balances

When you make too many credit card transfers it appears you may be applying for fresh credit each time. That hurts your credit card score.

Therefore, when you get offers from credit card companies to transfer your current outstanding balance to another card account because of lower charges, think it over carefully.

You may be hurting your credit score, should you take the bait.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Securities Investing as a Currency Transaction

Investing overseas is not only for investment diversification, the benefits of growth opportunities are to be gained globally.

Currency moves are always involved. Will the dollar be getting stronger or weaker? If the dollar gets weaker, such investments become more valuable as translated currency will then work in favor of the U.S. investor.

However, should the dollar get stronger, the reverse will become true. The investments become less valuable, when translated into dollars.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Using Your Credit Card’s Limit

It may sometimes be necessary to take down the maximum amount of credit your card permits, but it does not help your credit score.

Do so only in an emergency. It’s nice to know that your credit permits you spending liberties, but don’t let that take you to extreme spending binges.

Of course, if you don’t use your card at all, or only occasionally, you may be dropped or the maximum available credit line may be reduced. Credit card companies are getting sensitive about account activity. So, use credit cards intelligently.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Securities and Exchange Commission Shortcomings

 

The Securities and Exchange Commission has ruled that if your company’s common stock is worth more than $75 million dollars, shareholders are allowed to vote once every three years on whether they like or dislike top management pay scales. But the company does not have to act on the voting results.

With all the problems the SEC has to face, this has to be what they deem a big, worthwhile endeavor, worth their regulatory efforts.

And how many stockholders care?

Is this a valid buy and sell strategy for investors to follow? No.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Rent or Buy That House?

A  primer for those considering whether to buy or rent a house. Use a pencil, paper and calculator to make some notations.

Comparing costs, including that of a mortgage are obvious. What most folks overlook is the actual savings on mortgage and allied deductions.

They forget  the amount of the standard deductions they thereby must rescind when they itemize deductions such as mortgages. 

The best way to figure the economic advantages of home ownership is to figure taxes both ways-- if you own the home or merely rent.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Managed or Indexed Mutual Funds?

Experience and research show that the so-called “best” managed mutual funds in any year are achieved mostly by chance.

In any category of mutual funds, only a small percentage of active managers beat the performance of indexes or un-managed funds. Furthermore, those who have distinguished performance in any one year, generally cannot repeat their performance the next, or on any consistent basis.

Few managers can outperform indexes over a few years time, and if they do, it is pure luck, not ability.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

When Do You Sell Your Securities?

My research and investigation has taught me a basic lesson that most investors overlook. This applies to Wall Street pros, as it does to rank amateurs

Whether or not  the strategy is related to corporate activity or market strength/weakness.

Sell if the specific reason you bought no longer applies. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)