TWO FOR THE MONEYWritten by Al Thomas
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The mutual fund symbol for DAL is FUNDX and for Rydex it is RYURX. These are seen on Internet at bigcharts.com or at your broker’s web site. Run out a 5-year weekly chart and put in a 40-week Moving Average. This is not complicated. If you have a problem ask your broker and print out both charts. Look at RYURX chart and you will see that price of fund moves up through 40-week moving average line on September 20, 2000. You buy this fund for $7.32. For next two years all your friends are losing their money and your fund is erratically moving up and up, When price finally turns down below 40-week moving average line you sell out on April 21, 2003 at $11.88 for a profit of $4.56 per share or 62%. The stock market went in tank and you made money. Now you are in cash in a money market account and next buy signal occurs a couple of weeks later as that upward moving 40-week moving average has started up and is penetrated by FUNDX mutual fund price on May 5, 2003 at $22.88. As of this date (7/4/05) you are still holding shares now worth about $35.00 with an unrealized profit of 53%. In less than 5 years you are now ahead more than 148% (not counting taxes). If you have started with $10,000 in 2000 you would now have $24,880. If you have discipline to follow this simple method using just 2 funds that are only invested one at a time you can become a millionaire. These are two for money. Get ready – GO!
Al Thomas' best selling book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make money and keep their profits with his simple 2-step method. Read the first chapter and receive his market letter for 3 months at www.mutualfundmagic.com and discover why he's the man that Wall Street does not want you to know. Copyright 2005
Home loans: what you should know ! Written by Paul Heath
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A newer type of loan is interest-only mortgage. It features some of lowest monthly payments you’ll find, but this comes at a cost. The payments are low for first few years because you are not paying anything toward loan principal, just loan interest. This means you are not developing equity in your house, and when payments switch to a combination of interest and principal you will see your payment go up.
Summary Obtaining home loans can be intimidating at first, but with a little information and research you can better prepare yourself for loan process. Start by knowing what’s in your credit report and correct any mistakes that appear. Think about type of mortgage that will work best for you and check out several lenders who offer that type. If you’re not sure what kind of loan is your best option then ask potential lenders to make a suggestion. Take advantage of information resources at your local library, on internet and in financial publications such as magazines and newspapers. With some time and effort you will be in a position to make an informed decision regarding a loan.
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