The Wayback Machine - https://web.archive.org/all/20060619145917/http://www.look-faq.com:80/finance.htm
We resource about finance software, mutual fund, loans mortgage, retirement investment, getting out of debt, loan type and program etc.

Info about retirement investment, getting out of debt, finance software, mutual fund, mortgage refinancing, scholarship, loan type program etc.

Resource About finance

Personal Finance

Mutual Fund

The central idea of a mutual fund is to enable investors to pool their money and place it under professional investment management. The manager makes the trades, realizing a gain or loss, and collects the dividend or interest income. The investment proceeds are then passed along to the individual investors. There are more mutual funds than there are individual stocks.
Over the past decade, American investors increasingly have turned to mutual funds to save for retirement and other financial goals. Mutual funds can offer the advantages of diversification and professional management. But, as with other investment choices, investing in mutual funds involves risk. And fees and taxes will diminish a fund's returns. It pays to understand both the upsides and the downsides of mutual fund investing and how to choose products that match your goals and tolerance for risk.

Mutual funds are not guaranteed or insured by the FDIC or any other government agency — even if you buy through a bank and the fund carries the bank's name. You can lose money investing in mutual funds.
Past performance is not a reliable indicator of future performance. So don't be dazzled by last year's high returns. But past performance can help you assess a fund's volatility over time.
All mutual funds have costs that lower your investment returns.

Want to know more info about finance, please visit Sec.gov

Home Loans & Mortgage Loans Refinancing and Buying

Home Loans mortgages
Mortgages can simply be thought of as temporary contracts through which one party pledges payment to another party over the course of a pre-determined time frame, in exchange for some form of property. In short, the house serves as collateral until the debt is paid. Contracts allow for the total cost of a property to be broken up into monthly installments. In terms of purchasing a home, costs can range from tens of thousands to hundreds of thousands to millions of dollars. There aren't too many people who have it within their means to make such an expensive purchase, so payment is broken down, and a mortgage is drafted through which they are contracted to their creditor. Monthly payments make it manageable for almost anyone to purchase a home by matching a payment plan that best suits the client.

Search more news about finance, please visit Home-loans-equity.net

Refinancing

Refinancing your loan allows you to take advantage of improvements in your credit or drops in market interest rates. Finding out if now is a good time to home refinance is free.

A popular option when refinancing is what is called a "cash out refinance." When you do your refinance you can make a small increase in your loan amount and get the money out as cash.
Another benefit of refinancing is consolidating other high interest debts into your new home loan to save on interest expenses. Many homeowners with 15 year loans decide to refinance to a longer loan term of 30 or 45 years to lower their monthly payments.

Continue to read more info about finance, please visit Lendingexpo.net

Home Buying Tips

Before you buy a house, call around and see if a local community agency offers a course on home ownership. If so, take it; you won't regret it. home buying tips

Don't allow yourself to be pressured by the seller or the real estate agent. Take your time. Make a list of the positive reasons for buying the house. Make a list of the negative reasons for buying the house. This is one of the most important decisions you will ever make. Don't make it too quickly.

An appraisal report tells you the market value of a property. Get your own certified appraiser to prepare an appraisal report for you. You should be able to get an appraisal report for about $175 and it's worth it. Don't simply accept the appraisal provided the lender who gives you a mortgage.

Get a home inspection. Find out ahead of time if the home needs repairs. Don't find out that your roof leaks only after you have moved into the house. A home inspection may cost $225 but it's worth it.

Use an attorney.

Read more articles about finance, please visit Oag.state.ny.us

Retirement Investment Strategies---Stock

Equities: Equities are growth investments, and can include things like real estate and gold. But the most popular equity investments are stocks.

What Is a Stock? A stock is a unit of ownership in a company. Companies can raise money in two ways. They can borrow your money by issuing debt (bonds). Or they can sell equity in the company by issuing shares (stocks).

When a company issues stock, it basically divides itself into little pieces. Those pieces are sold to investors.

When you buy a stock, you become one of the owners (shareholders) of the company. As such, you are normally entitled to share in its profits and vote at annual shareholder meetings. When the company makes money, it distributes some of these profits to the shareholders. These profit distributions are called dividends. The rest of the earnings get reinvested in the company, to fund projects that hopefully increase the value of the company.

If the company doesn't report any profits, you won't get any dividends. If the company starts to lose money, you aren't on the hook for any of its debts. (You don't incur any personal liability. Your liability is limited to the amount you paid for your stock.)

Learn more info about finance, please visit Rbcroyalbank.com

Individual insolvency

Insolvency describes a financial condition experienced by a person or entity when his (or its) assets exceed his liabilities or when the person or entity can no longer meet its debt obligations when they come due. A state of insolvency generally leads to a legal finding of bankruptcy. However, because putting a person or entity into bankruptcy requires the payment of court fees, an insolvent person or entity may be insolvent and not legally bankrupt.

There is no point in putting forward a proposal which cannot be afforded so it is necessary to prepare a schedule of income and expenses. Any funds available after payment of essential living expenses can then be applied for putting forward a proposal for payments to creditors. Those creditors will then be contacted and invited to agree a schedule for repayments. As long as it can be shown that a realistic effort has been made to address the problem, it is perhaps surprising how often an informal proposal for payment will be accepted rather than leaving the creditor to take its own steps to effect recovery. If interest is payable on debts, it may also be possible to secure an agreement for interest payments to be frozen as long as the promised payments are maintained.

The main disadvantage of in informal arrangement for the debtor is that it requires the consent of all the main creditors and, of course, this may not be forthcoming. Even if a workable arrangement is achieved, there is nothing to force the creditors to stick to the arrangement and if one or more decide to demand higher payments or even payment in settlement then the best efforts to address the problem can be scuppered.

If you want to read more info about finance, please visit Canter-law.co.uk

13 Ways to Earn Money Fast
  1. Have a garage sale. By using a few easy tricks, like posting fliers at grocery stores and Laundromats, making signs that can be seen from nearby busy streets and displaying your items in a department-store 13 ways to earn money faststyle, you can increase the amount your sale brings in.
  2. Put clothes on consignment. This is an especially good way to get rid of clothing like fancy dresses (think old prom gowns and cocktail dresses you'll never wear again), but anything in good condition can be put on consignment. You share the money from the sale with the consignment shop, but it's an easy way to squeeze some money out of clothes that would otherwise just take up closet space.
  3. Have a family car wash. Enlist your spouse, your kids and their friends on a Saturday to hold a car wash. Talk to local merchants who have parking lots and ask them to donate the space, or set up an assembly line on your street. By naming the event ("The Annual Jones Family Car Wash") and highlighting an upbeat family goal ("We use this car wash to pay for the kids' extracurricular school activities"), you give people a reason to join your cause.
  4. Rent out a room. This option might take longer than some of the others listed here, but it can provide steady income for a set period of time, or even indefinitely. It might require that your kids share a bedroom or that you give up a family room in the house, so everyone in the family should be prepared for the changes. And of course care should be taken to pick carefully to ensure you get a trustworthy boarder. This is an especially good option if you live near a university or technical college. Eighteen- to 22-year-olds will more likely be fine renting a room with kitchen privileges than older people, and you'll be able to rent on a semester basis.

Want to know more resource about finance, please visit Ivillage.com

5 Steps to Getting Out of Debt
  1. Stop going further into debt. And watch everything, not just the plastic. "Lots of people think credit cards are the biggest problem, but it is also other debt, such as mortgages and car loans," Rhode said.
  2. Track the cash. A simple pad and pencil can help you track your spending. Or try a software program such as Quicken or Microsoft Money. Total it up at the end of the day, week and month.
  3. Don't make a budget. Instead, make a plan. "Budgets don't work," Rhode said. "With budgets, you create a wish list of how you would like to spend your money, not the real way it is spent." Set real, quantifiable goals you can achieve. For example, one goal of your plan could be to pay down half of one credit card by the end of this year.
  4. Don't expect instant miracles. Remain patient, and stick to your plan until you reach your goal.
  5. Save. Plan to sock away even a little bit as you're trying to get out of debt. "I have people tell me they can only do $50 a month," Rhode said, but even less than $50 is enough as long as you have started.

Continue to read more articles about finance, please visit Ivillage.com

When to put your money in unit trusts

By timing your payments better, you will get better returns from your unit trust funds, according to recent research.

If you want to get the best out of your unit trust investments, you should make new investments after the first of the month and not at month end.

This is one of the conclusions of a thesis undertaken by Esther Steyn, an MBA student at the University of Stellenbosch Business School. Steyn's thesis was moderated by Professor Eon Smit and published in the latest Investment Analysts' Journal, under the title, "Are unit trust performances inflated at quarter ends?"
Steyn's conclusion is: Yes, unit trust equity fund prices do go up at the end of calendar quarters.

"For the individual investor, the most important lesson to be learned ... is that one should invest in unit trusts at the beginning of a (calendar) quarter and sell at the end, not the other way around," Steyn says.

New contributions

Pyper says one of the advantages of unit trusts is that they allow small investors to "pool" monthly investments to gain access to the expertise of a professional fund manager that would otherwise not be available to them. "We can assume, with a high level of confidence, that a significant proportion of the total amount invested by means of single-amount investments or monthly debit orders, will be close to month end," Pyper says.

He says fund managers of equity portfolios feel that they have a mandate from investors to invest in equities. For this reason, they feel uncomfortable about having a high cash portion in their portfolios when reporting back to clients (more specifically at quarter end and at year end) and tend to invest any surplus cash before the end of the last trading day of the quarter, which may explain some of the higher trading activity close to the end of the last trading day.

Funds of Funds (FoFs)

Pyper says a FoF is a unit trust that invests in two or more other unit trusts. The price of a directly managed unit trust is calculated from the closing prices. Whereas, the price of a FoF is calculated from the prices of the underlying unit trusts, which are available only on the following day. Suppliers of unit trust data, such as prices and performances, recognise this and compensate for it by recording the prices of FoFs on the correct day. This does not influence normal performance calculations.

There is, however, a small technical difference between the performance of FoFs and directly managed unit trusts when it comes to income distributions. FoFs declare and distribute income (interest and dividends) once or twice a year at the end of a quarter which might also be at year-end.

When the underlying funds of a FoF declare and distribute income, the prices of the underlying unit trust funds decline with the distributions and the reduced prices of the underlying funds are used in the calculation of the price of the FoF.

The distributions of the underlying funds are not available at that time (due to the one-day lag), and the price of the FoF cannot incorporate the distributions before they are available on the next day.

The performance of a FoF on the first trading day after quarter-end will therefore be slightly understated if one or more of its underlying funds declared distributions.

This understatement will be corrected in the price for the second trading day of the month.

Pyper says taking into consideration the two sources of a possible bias in the results, "one must agree that the day-to-day operations relating to unit trusts may lead to patterns that may be mistaken as window dressing, although it was not the specific objective of the fund manager".

Search more news about finance, please visit Persfin.co.za

personal finance software

Simple Joe's Money Tools
Simple Joe's Money Tools is an extensive collection of simple yet powerful financial calculatorspersonal finance software.

Money Tools' easy-to-use financial calculation tools can help you:

  • Pay off your mortgage sooner and save thousands in interest charges by making additional monthly payments
  • Create a debt repayment plan to pay off your debts quickly and minimize interest charges
  • Consolidate debts to save interest or secure a manageable monthly payment
  • Calculate loan payments and the effect of additional payments
  • Track your loan payments and additional payments
  • Plan to save an amount, determine how long, how much to save per month, and what interest rate you need
  • Calculate compound interest or periodic investment returns
  • Project your investment gains in the future for multiple portfolios
  • View the changes in investment returns based on a range of interest rates or investment amounts
  • Calculate the effect of inflation on a sum of money or investment
  • Budget your income by monthly/paycheck amounts or percentages
  • Plan for retirement by calculating how much you will need and how to save it
  • Estimate your net worth and print a detailed report
  • Determine the monthly mortgage payments and the home price you can afford
  • View Financial Tips, some obvious, some not

If you need more info about finance, please visit Simplejoe.com

^ TOP

College Financing

Education Loan

An education loan is a form of financial aid that must be repaid, with interest. (Scholarships, on the other hand, do not have to be repaid.)
Education loans come in three major categories: student loans (e.g., Stafford and Perkins loans), parent loans (e.g., PLUS loans) and private education loans (also called alternative loans). A fourth type of education loan, the consolidation loan, allows the borrower to lump all of their loans into one loan for simplified payment.

Read more articles about finance, please visit Finaid.org

Student Loan

Student Loans are available to attend the college or university of your choice. You can apply for student loans online. There are two types of student loans available: government student loans and private student loans. Also if you already have a student loan, you can refinance your student loan by doing a student loan consolidation.

Parent Loans

parent loansFederal Parent Loans enable parents with good credit histories to borrow to pay the education expenses of each child who is a dependent undergraduate student enrolled at least half time in an approved college or university. These loans are available through both the Direct Loan and FFEL programs. Most of the benefits to parent borrowers are identical in the two programs.

Know more info about finance, please visit Parent Plus Loan

Repayment of PLUS loans begins 60 days after the first or second disbursement (depending on the lender). The standard repayment period is 10 years. You may borrow up to the cost of attendance minus other financial aid including loans. Selecting a lender for a PLUS is the same as for the Stafford loans. If your school participates in Direct Lending, your lender will be the federal government. If you borrow through FFELP you will need to select a lender.

Want to read more resource about finance, please visit The Old School

Federal PLUS Loan Information

What is a Federal PLUS Loan?
The Federal PLUS Loan (Parent Loan for Undergraduate Students) is an affordable, low-interest loan designed to help parents pay for their child's education. This is a "government loan" meaning that it is guaranteed (or insured) by the federal government
There are two ways PLUS Loans are made available - through private lenders such as Educaid, and in some cases, through schools participating in the Direct Lending Program.

Continue to need more info about finance, please visit Educaid.com

PLUS Loans - The Parent Loan for Undergraduate Students
A Federal PLUS (Parent Loan) allows parents to borrow up to the total cost of attendance for each year a child (student) is in school. It is not a need-based loan and more importantly, it is available year round—even if you have already paid tuition and education expenses. The Federal PLUS Loan is a smart financial strategy and it ensures that costs are met at very low interest rates and excellent terms. Benefits include:

  • PLUS Loan interest rates currently at an all-time low—just 4.17%.
  • Borrow up to 100% of college costs (even the new computer!), less any financial aid awarded
  • Automatic debit discount of 0.25% plus an interest-rate reduction of 2.0% after 48 consecutive on-time payments

If you want to read more resource about finance, please visit Next Student

Outdoor Book Internet Epoch Cooking Web Look Faq Investment Service By Mortgage Like Pet
Private Education Loans

Private education loans, private education loansalso known as alternative or supplemental loans, are credit-based loans offered by lending institutions. Private education loans help meet the costs that traditional financial aid programs do not cover. Usually, private education loans help fill the gap between the cost of education, less any financial aid received. Private education loans are the fastest growing source of financial aid and there are many different loan programs offered. Families need to compare the PLUS loan to a private education loan and decide which best meets their needs.

Learn more info about finance, please visit Petersons.com

Private Loans

A majority of law students finance part of their legal education through a combination of federal and private educational loans. Private educational loans are available from private lenders for students whose cost of attendance has not been met through other federal loans. The terms and conditions for private educational loans may vary.

Search more news about finance, please visit Law.northwestern.edu

Loan to Loan

Borrow up to $50,000 per year for tuition, books, living costs and more. Apply online, approval in minutes. You must have steady income and good credit to qualify.

Want to read more info about finance, please visit Loan To Learn

Upromise

According to U.S. Census Bureau statistics, people with a bachelor's degree earn over 80 percent more on average than those with only a high school diploma...
If your savings and earnings can't cover all of your education costs, you're not alone. There are many education loan options available to students and their families.

Know more resource about finance, please visit Lty.s.upromise.com

Bank One

Whether you have a specific borrowing need or just need extra cash, a Bank One Home Equity LoanSM or Bank One Home Equity Line of CreditSM may be your answer. Take advantage of the equity you have in your home with these great features.

Continue to know more info about finance, please visit Bankone.com

Campus Door

Our goal is to create an unmatched customer experience. Whether you are a high school student, college student, or parent of a student, we are the resource for 100 percent of your education loan needs.

If you want to know more info about finance, please visit Campus Door

CFS

Collegiate Funding Services is a leading nationwide provider of products and services that address a full-range of education finance and debt management needs. We have helped nearly three quarters of a million student loan borrowers create, customize and manage education finance and repayment plans that suit their budget and financial goals.

If you want to know more info about finance, please visit Cfsedloans.com

E Student Loan

Looking for the fastest way to the best student loan? Then use our LoanFinder for instant comparisons and online applications. We will match your specific needs with up to 12 loan programs from top lenders. It's fast and free.

Search more news about finance, please visit E Student Lloan

Student Aid & Scholarship

student aid scholarship
Student Aid & Scholarship Info
Statement by the Student Aid Alliance on the FY 2005 Omnibus Bill and the Ongoing Erosion of Federal Student Aid
We are deeply troubled that Congress, in approving the FY 2005 omnibus appropriations bill, voted to continue the slow erosion in the federal student aid programs. It should concern all Americans that students from low-income and working families are being asked to shoulder a larger share of the budget deficit.

Want to read more articles about finance, please visit Student Aid Alliance

^ TOP

Previous Page | Next Page

This web provides about loan type program, loans mortgage, retirement investment, getting out of debt, finance software, mutual fund etc.
Alternative Private Educational Loans

Alternative Loans is a term that refers to Private Educational Loans that are available from private lenders and offer additional financial assistance to students who have exhausted all other sources of funding for their education. These programs are meant to supplement federal and state aid when the Cost of Attendance (COA) is not fully covered by these programs.

If you want to read more resource about finance, please visit Osfa.uiuc.edu

Info about Private Education Loans

Private Education Loans for your Laptop Expenses
For private education loans, students can apply for the financial aid cost of education, plus the cost of the laptop computer minus financial aid awards.
There are two private education loan sources that business students primarily apply through (although there are others). One is the Business Education Loan through MBA Loans.

Want to read more articles about finance, please visit Mba.mccombs.utexas.edu

Private Education Loans

Private education loans are loans extended to students by private lending institutions on the basis of creditworthiness. The Tepper School of Business Financial Aid Office recommends the following lenders to assist in financing your degree. (International students must have a creditworthy cosigner who is a U.S. citizen or permanent resident). An international student who has lived and worked in the US and has established a favorable credit rating of at least 36 months in length, may be able to secure a private loan with Access Group without a cosigner.

Search more resource about finance, please visit Web.tepper.cmu.edu

Hearing on Tuition Price Controls

The subcommittee held a hearing on "Affordability in Higher Education: We know there's a problem; What's the solution?" in preparation for its work on reauthorizing the Higher Education Act. The subcommittee heard from five witnesses, who brought a variety of viewpoints together - students, technology advocates, small private institutions, and an economist. There were no witnesses from large public systems or research universities.

Read more info about finance, please visit Aaup.org

American Business Women's Association - Colonial York Charter Chapter

The Colonial York Charter Chapter is sponsoring a scholarship. Qualifications include: U.S. citizen; resident of York county, PA; will be attending or is attending an accredited college; holds a GPA of at least 3.0 on a 4.0 scale. Applicants must provide a 100 - 150 word essay, three letters of reference, and academic transcripts.

American Institute of Certified Public Accountants (AICPA)

The AICPA is sponsoring a competitive award of two $2,500 scholarships for two outstanding AICPA student affiliate members pursuing studies in accounting, finance or information systems, who, in the opinion of the Scholarship Selection Committee, show significant potential to become successful business people.

Continue to need more info about finance, please visit Etown.edu

Technology Alumni Association provides Scholarships

The College of Technology Alumni Association is proud to announce that once again this year they will be able to provide scholarships for College of Technology students. Three $1,000 scholarships are available for eligible students.

If you want to read more info about finance, please visit Tech.uh.edu

type of loan

The type of loan offered depends upon citizenship and other eligibility criteria.

Federal Perkins Loan
This loan has an interest rate of 5 percent. There is no interest accruing during enrollment or in periods of deferment. There are no origination or insurance fees. Repayment starts nine months after graduation or leaving school, continues for up to ten years, and can be deferred for graduate school. The monthly payment will be $10.61 per thousand borrowed and there is a minimum $40 monthly repayment.

William D. Ford Federal Direct Subsidized Student Loan

This loan has a variable interest rate, with a cap of 8.25 percent. The federal government pays the interest during enrollment or in periods of deferment. Freshmen may borrow up to $2,625. Under current federal guidelines, loan fees will be deducted from the proceeds, so the net amount will be approximately $2,586 from borrowing $2,625. Repayment begins six months after graduation or taking a leave of absence, and continues for up to ten years. Federal Direct loan borrowers pay approximately $9.87 for every $1,000 borrowed, based on the current interest rate of 3.46 percent. The minimum payment is $50 per month. There is no penalty if the student prepays the loan(s) early.

This loan carries the same rate, terms, and provisions as the loan above, but the government does not pay the interest during enrollment in school. The interest accrues and is capitalized at repayment, which means the annual interest on the loan is added to the amount borrowed while in school.

Harvard Loan Program

This institutional loan program has an interest rate of 5 percent. The interest is paid by Harvard during enrollment or in periods of deferment. There are no origination or insurance fees. Repayment starts six months after graduation or taking a leave, continues for up to ten years, and can be deferred for graduate school. The monthly payment will be $10.61 per thousand borrowed and there is a minimum $50 monthly repayment. Students who are ineligible for the federal loan programs may be offered this loan.

Repaying Your Student Loan

Once you've established your budget, choose the student loan repayment plan that works best for you. The various repayment options are described below. You will need to contact your lender or servicer if you want to repay your loans under any plan other than standard repayment.

Graduated Repayment

If standard repayment requires payments higher than you can afford, you should consider a graduated repayment plan. Your monthly payment will begin low and increase gradually over time. There is no minimum monthly payment, but your payment must be high enough to cover the interest accruing each month.

Income-Sensitive Repayment

With an income-sensitive plan, your monthly payments are low initially and increase as your income rises. Your lender or servicer will work with you to set up a schedule that reflects your current income and prospects for future earnings. Your monthly payments will be based on your monthly gross income and total loan balance. Your income must be certified every year to determine your new loan payment amount.

^ TOP

line
line
About Us | Copyright Policy | Contact Us | Link To Us | Site Map
Outdoor Book Internet Epoch Cooking Web Look Faq Investment Service By Mortgage Like Pet
Copyright © 2005 Look Faq. All Rights Reserved.