Investing Responsibly To Make the Most of Your Money

By´┐ŻAgusta Santoso


There is more to making the most of your money than paying debts on time and reducing the principle while saving as much as you can. You need to also invest your money and do so wisely. With stock purchasing sites online, many people are investing regularly but do so in a haphazard way. They are taking the advice of friends or co-workers who may have generated a nice return on a particular investment. The problem is that they bought at a different price at a time when projections may have been better in an economy that was strong. This article will help you make the decisions that allow you to invest responsibly and watch your money work for you.

You need to understand the risk of each proposal before you invest. This goes for stocks, hedge funds, mutual funds or anything else that may sound like a sound investment. The fact is that most successful investors research the investment before they put their money in. This goes far beyond listening to so called experts in the media. You need to research the past performance as well as analyze future projections before taking the leap. If it doesn't look rights based on data before you, then pass on it and find something else to invest in.

You should be aware that if it sounds too good to be true, it most likely is. The fact is that there are no high yield investments that only the banks know about or programs that only the billionaires invest in. You are going to find out that while you may see a check or two in the beginning, these forms of investments are often Ponzi schemes and you will lose your money at some point. Offshore banking and investments is no longer an option as the tax man is watching these closely. You are simply looking for the safest investment that generates a better return than those offered by your local banks in the form of CD's or market funds.

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The Best Way To Check Your Credit Score

By Ron Wynn


There are so many offers for free credit scores. You see them everywhere: on TV, in magazines and just about every website you look at. Of course, each ad will try to convince you that they have the best way to check your credit score. But which one can you trust? Will it really be free? Is there a catch? These are the obvious questions. But the most important question is not so obvious. It's a question many people don't even think about asking. The question is: Which credit score are they offering?

Your credit score is based on the information in your credit report. Each item in your report is given a numerical value, and that value is either added to your score if it's a positive item, or subtracted if it's a negative item. The companies that sell credit scores (or offer them for "free") can use different formulas to determine your score. Each of the formulas may assign a different value for the same item on your report, so obviously they will come up with different scores. To make matters worse, some of the formulas that are used are based on different scales. That means a score of 740 from one formula might be considered a good score, but 740 might only be a fair score from another.

One of the scores is much more meaningful than the others. Approximately 90% of all lenders look at FICO scores when they are evaluating applications for credit cards, loans and mortgages. When you look at your FICO score, you see what lender will most likely see. A FICO score is determined by a formula that is only used by FICO (formerly the Fair Isaac Corporation). Companies that do not have access to the FICO formula have created their own formulas as a way to compete with FICO. These other formulas can only give you an estimation of your FICO score.

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