Preparing to Invest: How to get started

Written by Tim Gorman


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Before You Invest * Consider Your Options There are many different ways to invest your money. Do not rush into a decision based on advice from friends or family. Research and consult many sources before deciding onrepparttar investment plan that is right for you. You should have a goal in mind. Ask yourself how soon that you want to seerepparttar 146410 return fromrepparttar 146411 investment and how much money that you would like to make as well as how much money you could conceivably loose.

* Financial Advisors Financial Advisors can be an excellent source of information when deciding on your investment strategies. In fact, if you are not familiar withrepparttar 146412 processes involved, they are almost essential. Before choosing a financial advisor, you should interview several to find out what exactly you are getting for your money and always ask for references when interviewing an advisor.

Timothy Gorman is a successful webmaster and publisher of Debt-Relief-Solutions.com. He provides more debt relief, consolidation and free debt consolidation information that you can research in your pajamas on his website.


Bankruptcy vs. Credit Counseling: What Should I Do?

Written by Tim Gorman


Continued from page 1
It will completely clear your debt in most cases and you will no longer be hassled by collection agencies and their attorneys. There are two kinds of bankruptcy;repparttar one that is right for you will depend on your situation. When filing Chapter 13 bankruptcy you are able to keep property that is mortgaged such as your house or car and are expected to repay debts in three to five years. Under Chapter 7 bankruptcy, you must give up all property and assets that you own. There are exceptions in some states for items such as work tools and household furnishings. Bankruptcy will certainly clear your debts and stop foreclosures and wage garnishments, however, you will be unable to establish credit for up to ten years. Filing bankruptcy can also be very expensive compared to credit counseling.

Take time and research credit counseling very carefully before deciding on bankruptcy as it can save your credit inrepparttar 146409 long run. Most people feel much better about themselves when they can pay off their debt and become educated about how to stay out of debt rather than filing bankruptcy.

Timothy Gorman is a successful webmaster and publisher of Debt-Relief-Solutions.com. He provides more debt relief, consolidation and free debt consolidation information that you can research in your pajamas on his website.


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