Wealth building plan offered by ING bank.

ING bank’s subsidiary “Share Builder”, is wealth building plan to all of us. I think it’s a once in a life time automatic investment plan and will build our wealth over a period of time.

They are offering two different plans of share investment; one is automatic investing and the other is real time investing. In both the type of investment plans, one can choose different pricing schemes. There is also a low cost affordable pricing for those who would like to enter with just $4.

I liked the idea of automatic investment scheme where I can just add stocks to my plan, and enter the dollar amount I want to invest for each of the stocks I choose. Another advantage is the liberty offered to schedule my time of investment like a fixed date, or in varying frequencies of days.

Here comes the most attractive aspect of this automatic investment plan-the choice of funding. We are offered four different options to fund our account.

Payday loan for young architect.

David looked totally crest fallen. It was really odd as I know him to be a cheerful person always.

He is an architect and worked for a construction firm and lived fairly well. Once in way though he used to confide in me of his regrets and poor decisions. He once told me that that he should have opted for a career in IT industry. I don’t blame him because the IT industry pays much more than other fields. .

Construction engineers are not that highly paid as IT engineers though the demand for them never wanes.

I asked him the reason for his sullen mood. He immediately became shy and informed me that he has managed to get a date and wanted to have a real big fun filled weekend. And he is short on cash. Ah, that’s it then.

He was too proud to ask me for a loan. He inquired if I know of payday loans company and who will deliver the fastest cash.

When I asked when he needs the cash and he replied he wanted it yesterday. Poor man, he must be really desperate.

I wrote down the web address of a Fast Cash provider on a piece paper and urged to him to speak to them immediately. I know that finance company’s customer care is dependable.

Did you make a profit?

Did USD lost value or INR gained value in yesterday's FX trading? The debate will be on several novices' mind but the truth is-God only knows!

However, yesterday's drop in USD value vs INR cost me a few thousands. I wonder how many people in India gained because of that sharp decline in values. Actually I was expecting the other way round and was waiting to see USD touch Rs.52.

Forex market is where trading in currencies of various countries are speculated. Unlike bullion market or equities market, where there are serious investments, I feel Forex market is more speculative.

India now joins the leading Forex markets in Tokyo, London and New York. The most heavily traded currencies are the United States dollar, Australian dollar, the Swiss franc, the British pound sterling, the Japanese yen and the Euro.

I wonder when INR will enter the Forex market of other financial super powers!

No more bad credit mess.

Once bitten, twice shy. How very true this proverb is proving to be in our practical life. The message hidden in this proverb is ‘learn from mistakes committed’. At least that is what I have taken it to be.

Who is immune from mistakes? None in my opinion. But what the mistakes led to and what lesson did we derive from it, all that matters.

In the present economic mess world wide, we may entangle our personal economy by mistakenly damaging our credit worthiness. Of course, approaching a reputed financial institution for credit repair is the only wise move to re-enter the downtown shopping mall.

Earlier credit repair services used to be a rather cumbersome process but with the competition among them getting touch, they made the procedure much easier. DSI solutions is said to be the most friendly bad credit repair service in the field today. They have a healthy positive feedback and that makes them to the most sought after bad credit repair services online.

Go ahead and start reviving your desire of getting that home loan.

Before you apply for a credit card…

And now, all the new credit card customers have learnt the art of segregating the chaff from the wheat. This is good news from the customers’ point of view in lieu of the frauds perpetrated by the credit cards issuing banks.

In the past 3 weeks or so, I have read about 4 different credit card scams out of which two involved customers and two involved credit card issuing institutions.

The days of accepting credit card offers blindly are no more in the vogue. Now, we all need to gain enough knowledge about how to compare and choose credit cards.

The banks are now chasing the customers with promises of low interest credit card, balance transfer facility, maximum reward points and more.

Want to stop a foreclosure notice?

“That’s it! I have stretched myself to the limit Malathy, there is no point in pestering me further”-my husband told me rather mildly but I took that also very seriously. How can a man close a topic like that? I was fuming for several hours.

When calmness set in, my good senses pulled me back to review what my husband said and I weighed the pros and cons of raising further loan.

Yes, I should not have reacted like that; after all we are not facing any foreclosure. The situation is not that bad. Come to think of it after 24 hours, I realized I need not think about raising funds at all.

Even if the situation is that bad, I am sure the bank will give us some warning before serving foreclosure notice considering our stable record of repayments.

“Relax, Malathy; be cheerful”-I affirmed at last.

New credit repair method.

I remember this very well and it is displayed in my office:

“If money is lost, nothing is lost; if health is lost, something is lost; if character is lost, everything is last.”

Hmm… something to consider seriously!

May be the last part should be changed to match the expectations of the modern era of finance, finance and finance.

“If credit worthiness is lost, everything is lost”.

I am sure you understand and realize the implications of losing the creditworthiness. It is almost like death. Nothing could be purchased, not even the essential items such as milk and groceries.

I have seen people get themselves locked up in their house because they just could not move out without a valid credit card.

But, don’t worry; here is a solution to repair credit and your previous credit status revived.

The first thing you must do if your credit needs repairing is to approach a professional credit repair service company like RMCN credit services, INC who evaluate your creditworthiness and sends you a detailed report based on the true information you provide.

The use a process called ‘V’ phase process and they know their job because they have been recognized by the SMU Cox School of Business.

Credit repair can take time but it is an action that has to be taken by those who need to get back their lost creditworthiness.