The PT Savvy Center

February 26th, 2010

Selling and Buying Loans on the Web

Posted by admin in Better Investment, Loan Resources

It seems astounding to think that before now, there has never been a single marketplace for buying loan portfolios. Now this has changed with the creation of a firm optimized for one purpose - for the sale of portfolios employing a process involving bids, similar in setup Ebay.

Banks, investors, et cetera can bid on portfolio packages on a nationwide platform and finding packages at discount prices. Thanks to this approach data can be standardized leveraging the transactions, while at the same time creating a chance for smaller packages to be bought. Due to the advent of a business model loosed from the constraints of time and location a number of other limits are removed and savings are possible. As with all internet businesses, offering subprime and consumer loans for sale via this medium has the advantage of reaching a wider range of clients more easily than ever before.

In order to sell loans, a business or investor needs to reach the greatest number of customers that they can. To optimize the search, those registered with this marketplace are granted any information they request. To sell loan portfolios, the greater the degree of data available, the better the results will be. This sector of commerce expectably holds more exposure than others and the surest method of avoiding these, is, once again, comprehensive information. What price transparency? It is this degree of access to information which makes it more possible than ever to manage transactions on your own instead of needing to funnel some of your returns to someone else in order to handle it. Seller and buyer both stand to gain significantly from open access to germane information, which makes full and frank dialogue worthwhile, thus balancing exposure with profitability. An avoidance of fragmentation in packages ensures assessment is simple when it comes to securing the best deal. Time is saved by this approach - not only for the investor but also for the trader. A system of open bidding offers plenty of opportunity for the optimal exchange, to say nothing of the chance to increase your profit margin, employing direct contact between buyer and seller. The internet has generated us endless possibilities for the asking, and the variety of ways to sell loan packages is on the brink of breaking wide open. Many companies have lost money as e-commerce irrevocably altered their arena, merely because they didn’t take advantage of it - whereas those who did are now prosperous.

May 28th, 2008

One Way Street

Posted by admin in Better Investment

Ever turn down a street, get half way and suddenly realize it is one way and you are going the wrong way? Is that the way you feel when you look at your stock brokerage statement?

In either case don’t panic. You can get out of that one way street by carefully backing out. Recouping your stock market losses also means you must back out. Many people lost 50% of their investment in the last year because they were going the wrong way and could not back out.
You must admit you are doing it wrong and stop immediately just as you did in your car. In a car you have been taught there is a reverse gear so you know how to get out of this bad situation. No one has ever taught you how to extricate yourself from a losing position in the stock market - certainly not your broker and most financial planners don’t know either.

Let’s look first at how you got here. You bought stocks or mutual funds without an exit plan. I’ll put it away “for the long haul” and won’t worry about it. The nicest thing I can say about that type of investing is “STUPID”. You have an exit plan for the one way street; now you need an exit plan for your remaining money. It is the same. Back out. You have to acknowledge you are doing it wrong. Hiding from this mistake means you will continue to lose money. Do you want to do that or would you rather find a solution to not losing money again?

O.K., you have looked in the mirror and you say I am ready. Look at that brokerage statement and sell every loser you have. Every one! This takes emotional courage. Do it. Now you have cash. Don’t do anything until you have a plan and that plan has an absolute, set-in-concrete foundation: never buy any stock or mutual fund unless I limit my risk from the day I purchase it. One of the best rules is a 10% Good Until Cancelled Stop-Loss Order. Brokers hate these because it means they will have to check your account daily. Don’t believe him when he says, “Don’t worry, I will watch your account”. He won’t. It is not his money.

Using this very simple technique you will never lose large sums of money. Also as your stock moves up you raise (never lower) the stop-loss order each week following it 10% under each Friday’s closing price until you are eventually taken out of the position with a profit or, at worst, a small loss. The stock itself will tell you when to sell when it turns weak.

You have been driving for a lot of years and have gotten out of some tight places. Now you know how to not lose money in the stock market. Back out. Do it today. Put in your stops.

Al Thomas - EzineArticles Expert Author

Al Thomas’ book, “If It Doesn’t Go Up, Don’t Buy
It!” has helped thousands of people make money
and keep their profits with his simple 2-step
method. Read the first chapter at
http://www.mutualfundmagic.com
and discover why he’s the man that Wall Street
does not want you to know.

Copyright 2005

May 10th, 2008

Currency Brokers Foreign Currency Direct

Posted by admin in Better Investment

currencies.co.uk is the UK’s prima independent currency brokers, FCD have been around since the year 2000 FCD are currently experts in the industry and have a terrific team of personnel that can be found set and also waiting to serve you with practically everything one will often need.

currencies.co.uk offer one off overseas payment, so if you need to shift a lump sum abroad. FCD will provide you yourself with a specialist account manager to supervise all of the aspects of said transaction. Saving up to 0.04 if compared to typical rates sold through high street stores will make the transaction somewhat more cheap as well as tension free. FCD additionally sell spot contracts aimed at settlement within 2 working days and it’s fast channelling to the bank account one pick out, or possibly a forward contracts to establish a currency exchange rate for the future, for example, when any properties completion are timed aimed at a few months time, by utilising a forward contract folk could know how much £ you yourself can require in a future requirement within an overseas currency. If you need to transfer foreign currency abroad then Foreign Currency Direct can help, they can aid with one off or regular transfers of money.

FCD don’t forget have expertise in timed overseas transfers, if people possess a EUR mortgage in France, Spain or maybe Portugal there timed payment plan is a very good approach to trim back said monthly GBP cost. They sell free payments for transfers & 0 bank prices for payments more than 300 pounds. Lastly FCD specialise in moving money back to the UK, if your selling a overseas house & require to move overseas currency back to the U.K. in great British pounds, then Foreign Currency Direct can assist you. One can often utilise the business’s expert account managers that could share their capable knowledge with you yourself and help people make each and every one of the required arrangements.

May 4th, 2008

An Annuity Based Pension Might Just be the Answer

Posted by admin in Better Investment

Of all types of income generating investments, annuities are some of the most controversial. There is a body of opinion that says they are a complete waste of time and you would do much better if you were to place the capital sum on the stockmarket or invest in property. But then again the stock market has been known to crash and property has frequently been known to decrease in real value, so if security is high on your list of priorities maybe annuities are worth a thought after all.

Annuities are popular as vehicles for pensions, perhaps mainly because they can be
very tax efficient. If money is wrapped up in this investment it takes a tax holiday until such time
as the premiums become due and payments are made. As this is likely to happen
after retirement the tax liability falls dramatically.

There are two types of annuity. The former is deferred, which means payments are
made, usually on a monthly basis for a number of years. This is a good way for the
younger person to acquire an income later in life. The other variety is the fixed
version. In this package, the purchaser pays a large capital sum usually to an
insurance company and payments begin soon afterwards.

The big enemy of annuities is inflation. At the outset the agreed sum to be paid out
might seem generous, but inflation can erode the value of the venture in a very
alarming fashion.

On the other hand a fixed payment annuity based pension provides an excellent
budgeting tool. You will know each month how much money you will receive and
thus in much the same way as a salary, be able to cut your cloth accordingly. This
allows for more efficient financial planning.

When it come to tax, there can be penalties if the annuity is cashed in before the
“owner” reaches sixty years of age and this could be a disincentive for those folks
who plan early retirement or find themselves made redundant before reaching the
official age of retirement. However, as I said before there are some distinct tax
advantages, particularly for those individuals in the higher tax brackets. Deferred
Annuities are in effect a compulsory savings plan. In those years of high tax liability
it would make a lot of sense to save as much as possible because these savings are
then tax exempt. Tax is only due when income is received from the plan. That
means you start drawing your annuity after you have stopped earning a high salary.
It’s very neat because as you have decreased earning your tax liability will drop to a
lower level than previously. This all means you have allowed the IRS to partly finance
those golden days of retirement. Now that begins to appeal does it not?

Interested in this subject? Try this link for more of the same.

April 18th, 2008

Wall Street to Main Street: News, Views and Commentary: May 5, 2006

Posted by admin in Better Investment

It’s Friday May 5, 2006, and it’s the last day of the trading week for the first week of May, and the DOW is headed into record territory as it looks to hit an all time high.

Congratulations to those Wall Street to Main Street subscribers that emailed us to let us know that they took positions in OmniVision Technologies (NASDAQ: OVTI) last week and Crocs, Inc (NASDAQ: CROX) yesterday after we issued our outlook on the companies. For a listing of our “Furious Five” picks go to www.namcnewswire.com, to get them sent to you daily just subscribe to Wall Street to Main Street, it’s FREE.

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Political Front

In Nepal, it looks like the Maoist Rebels wouldn’t take no for an answer as they will indeed be involved in the peace talks with the government.

As we spoke about yesterday, China went against the Vatican and the Pope as they appointed two new Bishops, but the Vatican didn’t like that too much and swiftly excommunicated those Bishops.

U.S. Vice President Dick Cheney made some strong remarks yesterday against Russia claiming that they used energy as a form of “Black Mail”. Yep, just what we needed more fuel on the fire.

Movers and Shakers

Some major movers in yesterday’s trading session included Catalina Marketing (NYSE: POS) which traded up $3.95 to close at $29.08, Petroleum Geo-Service (NYSE: PGS) traded up $8.65 to close at $68.50, HerbaLife LTD (NYSE: HLF) traded up $3.64 to close at $37.77, Kadant Inc (NYSE: KAI) traded up $2.33 to close at $26.04, Ariad Pharmaceuticals (NASDAQ: ARIA) which traded up $1.45 to close at $6.99 based on a multi million dollar legal settlement, Imergent Inc (AMEX: IIG) traded up $3.29 to close at $15.55, Applied Films (NASDAQ: AFCO) which traded up $5.06 to close at $28.03 and Expeditors International (NASDAQ: EXPD) which traded up $16.04 to close at $103.80.

Analyst Upgrades/Downgrades

Recent Analyst upgrades include Janus Cap Group (NYSE: JNS) which was upgraded to a Neutral from Reduce by UBS, Barr Laboratories (NYSE: BRL) which was upgraded to a Overweight from a Neutral by JP Morgan, Central Garden (NASDAQ: CENT) which was upgraded to a Sector Outperformer from a Sector Perform by CIBC World Markets and Green Mountain Coffee (NASDAQ: GMCR) which was upgraded to a Buy from a Neutral by Janney, Montgomery, Scott.

Recent Analyst downgrades include Analog Devices (NYSE: ADI) which was downgraded to a Neutral from a Buy by Merrill Lynch and Oneok Inc (NYSE: OKE) which was downgraded to an Equal Weight from an Overweight.

Analyst Coverage Initiations include MGP Ingredients (NASDAQ: MGPI) which was initiated with a Neutral rating and a $31 price target by Sidoti & Co, Roper Industries (NYSE: ROP) was initiated with a Buy rating and a $56 price target by AG Edwards and Pra International (NASDAQ: PRAI) which was initiated with an Equal Weight rating and a $26 price target by Lehman Brothers.

Tid Bits

In a story that was unleashed by The Wall Street Journal, it looks like the U.S. Attorney’s Office for the Eastern District of New York has issued subpoenas to Comverse Technology (NASDAQ: CMVT) in regards to the issuance of stock option grants from 1995 to 2006. So this becomes a criminal investigation as some of the top dogs at Comverse have recently resigned but the investigation will put them right back into the thick of things.

Warren Buffet may have his sights set on a new acquisition; Berkshire Hathaway (NYSE: BRKA: BRKB) may announce this at the company’s annual meeting, two companies that are mentioned to be the potential targets include the San Francisco utility PG&E (NYSE: PCG) and Los Angeles automotive insurer Mercury General (NYSE: MCY).

The bid for $51 a share bid for Aztar (NYSE: AZR) by Pinnacle Entertainment (NYSE: PNK) expired yesterday, as Aztar gave no response to the offer. Is that in the best interest of the shareholders?, sometimes holding out for a better offer doesn’t work out as companies plan, so we’ll see what the outcome will be shortly.

Toll Brothers (NYSE: TOL) missed the mark and paid the price as they announced a 29% decline in signed contracts during the second quarter ended April 30. The company is in the business of building luxury homes and the real estate market seems to be softening a bit, so there is one of your reasons. But the stock may have some life and bounce off of its 52 week low of $28.70.

Eastman Kodak (NYSE: EK) may be considering the sale of its health-imaging business after reporting a $298 million loss in the first quarter; this is the 6th straight quarterly loss. So EK may be looking to reinvent itself to compete in the digital age.

FURIOUS FIVE

This is the fifth of our “Furious Five” companies that we see excelling in their industry in 2006. The fifth addition to round off this week’s Furious Five is True Religion Apparel (NASDAQ: TRLG) it trades on the Nasdaq under the symbol TRLG.

For our outlook, and other vital information on the companies that we feature as the “FURIOUS FIVE” on Wall Street to Main Street just subscribe for FREE at www.namcnewswire.com

We cannot stress enough that investors need to do their due diligence, call the companies, get the information, consult with your investment advisor and if you do not have one consider getting one. Put the same time into investigating these companies as you do when you go to purchase a new television, it’s only for your protection. When it comes to thinly traded securities stagger your orders or put a limit order in to avoid a run up.

NAMC Newswire Note

Go to the NAMC Newswire for updates at www.namcnewswire.com and you can listen to the NAMC Radio for the audio version of “Wall Street to Main Street” at www.namcnewswire.com/namcradio

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None of the information contained on the NAMC Newswire constitutes a recommendation by the NAMC Newswire, its journalist, nor its parent company that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific investors or person. Each individual investor must make their own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy featured on the NAMC Newswire or NAMC Radio Any past results are not necessarily indicative of future performance. The NAMC Newswire, its journalist nor its parent company does not guarantee any specific outcome or profit, and all investors should be aware of the real risk of loss in following any strategy or investments featured on the NAMC Newswire or the NAMC Radio. The strategy or investments discussed may fluctuate in price or value and investors may get back less than you invested. Before acting on any information featured on the NAMC Newswire website or the NAMC Radio segment, investors should consider whether it is suitable for their particular circumstances and strongly consider seeking advice from their own financial or investment adviser. Investors are also urged to do their own due diligence before investing in any security.

All opinions featured on the NAMC Newswire or NAMC Radio are based upon information that is considered to be reliable, but neither the NAMC Newswire, its journalist, its parent company, affiliates nor assigns warrant its completeness or accuracy, and it should not be relied upon as such. The statements and opinions featured on the NAMC Newswire by its journalist are based on their outlook at the time of the statement or opinion, and are subject to change without notice. NAMC may at times hold a position in the companies that it features, in these cases appropriate disclosure is made.

Louis Victor is the host of the syndicated podcast show and financial newsletter “Wall Street to Main Street” which is featured on the NAMC Newswire Radio. He has been involved in the financial industry for over two decades, on the retail and investment banking ends. He is also well versed in the advertising and marketing industries, which has given him insight into market trends and unqiue companies that may be under the radar.

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