Be Aware of Shady Credit Related Phone Calls

By Jennifer McClelland

In the past I received a phone call, I presume a telemarketing telephone request, on my home phone number that I knew I had to share with my readers at Lucrative Investing. It was by far the most humorous phone call I have received in a long time, and definitely something worth sharing for the entertainment value and the lesson it provides. The phone call came up on the caller ID as ?Local Area? and the number 1-850-390-4590. When I answered the phone call, a recording said something close to, ?Hello, this is a call from Card Services concerning your current credit card account. We are pleased to inform you that you are eligible for lower interest rates since you have made all your payments in good time and have shown trustworthy use of your credit. To query further concerning lower interest rates on your open credit card, press ?1?.?

I was curious and a little bored, so I pushed ?1? and a gentleman came right to the telephone. This is the talk from that telephone chat, with ?Telemarketer? being the gentleman on the other end that represents ?Card Services?, and ?MB? being myself:

Telemarketer: Hi?

MB: Hello.

Telemarketer: Are you responding to the suggestion for reduced interest rates?

MB: I suppose.

Telemarketer: Well, you are qualified for cut interest rates on an open credit card.

MB: What card?

Telemarketer: Your qualifying Visa or Mastercard.

MB: Okay, well, this call could be for anyone in the house. Who is this call for?

Telemarketer: The chief credit card possessor, and you pushed ?1?, so I would imagine that?s you.

MB: Well, we have four credit card holders in this house. If you would like to give me a name, I can surely?.

Telemarketer: [Click]

MB: Hello? [Entertainingly, having heard the click] Helloooooooo?.

He did not have a clue who that call was for or what card he was offering me a lower rate on. Nobody even knows if whatever group or company he works for is reputable. I thought it was humorous that they used the name ?Card Services?, considering some reputable businesses that you may really do business with make use of that when they call, because that is the title of the section that is calling you. At what time Chase, who I previously had a card with, called me, they time and again said they were from ?Card Services?, so I thought it was probable Chase was calling me, even if I honestly doubted it as I do not own that card. Whenever a person says they are with ?Card Services?, no longer presume it is a shifty call, but do press them to find out what company they are with.

Remember that they called your phone, concerning your alleged credit card, and may ask for your information. Do not assume they are on the level and do not assume that they already know anything about you. Nicely require that they give you some additional information about who the call is for, what card this is relating to, or something else before going any further. I will never know if that was a possible con or not, but I do recognize that they had no right calling me, particularly since we are on the ?Do Not Call Registry?, that has long since established that it means nil.

Be intelligent, be alert, and be conscious of the fact that there are thousands, if not millions, of businesses and people out there who desire your money, and especially your social security number. They are calling you everyday and one fallacious move could compromise your fiscal security, either in a minute way or a large way. They may have been valid, but they might have been a swindle, just hoping I would give up the information they were looking for. Either way, they had no business calling me with an assumed guise the way they did, and I suggest that all of my readers be careful when a call like that happens. - 23196

About the Author:

Want to see extra about Credit card accounts and get more regarding Money Investing.

Tips For Making Lots of Money With Penny Stock Trading

By Mark Oliver

Penny stock trading can make you a lot of money. These are low priced stocks often less than a dollar per share. The prices for these shares drop and gain a lot. The volatility is the reason for the profit potential.

These can make you a lot of money due to the high volatility. Penny stocks can be more profitable than the other large cap stocks. Many people do this full time from their home. A lot of people make money from this as a hobby.

There are systems available that claim to do the research on your part and help you in analyzing the winning trends. You should check out the reviews and study how the systems work before buying them.

You can use software that analyzes the trading patterns every day. The can make recommendation based on the information it gathers. It can make decisions based on certain trading patterns that are often profitable.

To begin trading, you need a stock broker that trades penny stocks. You can sign up with a full service broker. If you sign up with a reputed broker, you will get good tools to enable yourself to make better decisions and learn more.

There are various sources that can provide you information. There are many blogs run by experts that regularly give opinion about buying penny stocks. Many experts also run their own newsletters.

Newsletters offer good advice but you have to be careful. They may not make you money every time. Some of them may also cheat you. You should do your own research before making a decision to buy a penny stock.

Penny stock trading can make you a lot of money if you know the facts. You can not make thousands of dollars simply by following what others say. You should know what you are doing and have sufficient knowledge about how it works. You can earn a lot of money trading penny stocks from home. - 23196

About the Author:

Investment in Stocks can pay huge returns if done the right way. Penny Stocks can generate the largest profits in the shortest period of time.

How And Why Managed Forex Accounts Work

By Bart Icles

There are two ways investors can do Forex currency trading, both of which are effective in their own way and with certain pros and cons. One can do it alone by doing all the necessary tasks such data gathering, analysis and interpretation, reading Forex related news and watching the market trends, to mention a few. If one decides to do away with all these, he only needs to get a Managed Forex Account from a Forex broker. This option is best suited for investors who are pressed for time, those who have other prior commitments such as a regular job or another business to attend to. The price of a Managed Forex Account depends on its features and functions that could be anywhere from $10,000 to $20,000 or maybe even higher with other handling companies.

A Managed Forex Account is typically managed by a Forex broker and its representatives, to do trading tasks for paying members by doing market data gathering and analysis and such, and relay these and its findings to the client as basis for his decision regarding trade transactions. This is open for all interested traders, new and experienced alike who want to get the most out from the market for those who simply don?t have the time or inclination to sit in front of the computer to watch market info all day. If the investor decides to bypass this option, then he must commit himself to studying all there is to know about the market, which leaves him open to various trading risks and pitfalls.

With a Managed Forex Account, all trading activities, as mentioned above, performed by them but leaves the entire decision making - whether to buy, sell or stay, up to its clients. To get the most out of this investment scheme, investors should only deal with a company with a good standing reputation and adequate presence in the market. To keep your money safe, its good practice to check a company's past and present activities before buying into their services.

Management companies who've been successfully doing business handling Forex Accounts have access to privileged insider information with various investment banks and other investment companies and have the most current currency exchange rates and vital market details to help generate profitable trade deals that is otherwise unavailable to the solo trader. The downside is that the services tend to be pricey, with prices ranging from $10,000 to $20,000 or so. If you have the extra resources to spend, then the investment move is a good one to make.

Forex trading is a good investment market to participate in regardless of the risks involved. Studying and learning all the lessons about the market is an avenue to sure and steady profits in the near future, but can still be enhanced with the right Managed Forex Account. - 23196

About the Author:

A forex pip starts with a desire to learn and a drive to become a great trader. Even 4xmadeeasy takes dedication and a good teacher. But once you learn how to trade and do so successfully your life will change and you have options and financial resources you never had before.

Saving Your Home Or Money By Refinancing

By James Weekson

If you are dealing with stressful times and have a mortgage in existence you need to try hard not to have your lender foreclose on your property as it is bad. Not to do anything only makes your debt worse since the interest will be compounded. There is a better option to try and that is refinancing.

A simple way of understanding what refinance means is it is taking out a second mortgage to then pay off the existing mortgage. Recently it is not always the situation as it is being used as troubled debt restructuring which is allowing creditors to collect on a bad debt and giving the debtors some relief from their debt.

When these circumstances occur to do a refinance there is a little "tweaking" of the interest, principal, rate and repayment period. When you go to refinance your mortgage the loans present value is calculated so that the new principal total would usually include a portion of the remaining unpaid from the original loan plus interest and surcharges, if there are any applicable.

Market rates tend to fluctuate up and down so refinancing is a good move when they are down. Interest rates can be negotiated after the new principal is fixed. Generally interest rates that banks go by are the current going rates and they go by that. When borrowing rates are down, that is a good time to refinance. The one time that you can renegotiate them is to restructure a troubled debt.

In all cases, when a refinance bears a lower interest rate than the original mortgage. This allows the debtor more affordable monthly payments. During times when market rates are high, creditors make up for the difference by allowing a longer repayment period.

The creditors more than likely will make money on the refinanced mortgage. However, that doesn't really matter if you already were having trouble with the first existing mortgage. The increments in which the total interest increases until the mortgage is paid off is still in most cases a bargain and especially if you will be able to pay your monthly mortgage and keep your home.

Although refinancing is generally done to restructure troubled mortgages many people also do it simply as a way to save on their interest payments. The same factors apply in this scenario principal, interest rates and repayment period. This is a way homeowners can save on their monthly mortgage payments.

To save on interest costs, homeowners renegotiate an existing mortgage to take advantage of low interest rates or to shorten the repayment terms, if they can comfortably afford to make higher monthly payments. Holding all things equal, this situation still favors the bank or mortgage company as it speeds up repayment and reduces the risk of defaults and foreclosures. Banks, especially, prefer cash to inventories because it costs more to keep and maintain properties than to use cash. - 23196

About the Author:

For good quality writing on Lansing mortgage, you should check out some of the posts on this site about refinance home mortgage Lansing.

How to Make Money Through Using A Stop Loss in Stock Investing

By Sam McNeill

A stop loss is a pre-determined price that we use as the trigger to sell out of a losing trade. If the share price falls instead of rising then we sell and we sell at a pre-determined price to ensure that we minimise losses. We need to have a stop loss price because not all trades succeed - some fail. Even the best trading techniques struggle to deliver a success rate of more than 70%. Therefore even using some of the best trading techniques we will still end up with two or three losing trades out of every ten. For these losing trades we must keep our losses really really small.

Every trade can only have one of five possible outcomes:

Breakeven

A small profit.

A small loss.

A large loss.

Breakeven.

That's it. Five possible outcomes, no more, no less. Every single trade will result in one of these five outcomes. Now if we could eliminate one of these five outcomes, which one would we choose? That's right - the large loss. If we eliminate the large loss we are only left with the other four possible outcomes. If our small losses, breakeven trades and small profits even out over a period of time we will only be left with the rather pleasing occasional large profit.

By now there should be no doubt in your mind about the wisdom of eliminating large losses. We use the Stop Loss to eliminate any large losses.

Our Stop Loss Rule has three parts:

1. Always have your Stop Loss in place for every single trade that you do.

2. Your Stop Loss price is set at the level where your loss will be 2% of total trading capital.

3. When your Stop Loss price is hit then you must sell. No waiting one more day hoping that your trade turns into an "overnight success".

The most difficult part of this rule is part 3, selling when your stop loss price is hit. It's the most difficult part of the rule because most of us hate admitting that we are wrong about anything! Despite this huge emotional drag not to sell - sell we must. When your stop loss price is hit you sell. Sticking to this simple and straight forward rule will protect your hard earned cash when you trade. - 23196

About the Author:

Looking to find the best deal on sharetrading, then visit www.justshares.com.au to find the best advice on share trading courses for you.