You And Your Debt Against The World.

Written by David Wilding


Continued from page 1

You need to budget for purchases. Even if that means that you think about it for just a few minutes before you plunk down your hard earn money. Justify your purchases; do you need it, does it make sense, can you do without? These are questions you need to ask yourself. They may fly inrepparttar face ofrepparttar 111898 materialism which surrounds us all, but they need to be answered nonetheless.

You may find using a purchase-checklist helpful. Anytime a purchase exceeds what you have in your pocket tick down this list and see if it really makes sense to buy it.

How much is it? Is this a sale price? If so what am I saving over regular price? What will happen if I don’t buy it now? Can I pay cash? Where willrepparttar 111899 money come from? If not cash, what will berepparttar 111900 credit cost? Is it worth it atrepparttar 111901 price withrepparttar 111902 credit cost added in? Doesrepparttar 111903 purchase fill a need or a want? (think hard) Why do I need this item? Why do I want this item? Can I justify this purchase to another person? What would I say? Would I accept these reasons from someone else?

This should help in slowing you down. Couple this with not taking your credit cards with you when you shop. It does take work, but a little extra work is better than being a slave to your debt.

Now withrepparttar 111904 money you save go to work on your debt reduction plans. Work that side ofrepparttar 111905 equation as hard as you dorepparttar 111906 spending side. Place as much as you can on your bills. Reduce and eliminate them.

(c)2005 David Wilding

David Wilding Has for the past ten years worked with groups and individuals to rid their lives of debt. Visit his website http://www.debtattack.com/debt-reduction-plan.html for ideas, tools and strategies for reducing and eliminating your debt.


Finding Undervalued Stocks. The Graham's Number Technique.

Written by John B Keown


Continued from page 1

One study has shown that Graham's NCAV strategy works well; in this particular study, portfolios picked usingrepparttar strategy atrepparttar 111897 beginning of each year between 1970 and 1983 would have returned an average annual gain of over 29% when held for only repparttar 111898 duration of each year in this 13 year period.

Van Tharp mentions an actual investing strategy based onrepparttar 111899 NCAV or Graham's Number as it is sometimes called, in his book "Safe Strategies for Financial Freedom". The strategy as mentioned by Tharp involves buying stocks at two-thirds of their NCAV, and selling a third of your holding when a 50% profit is achieved. Ifrepparttar 111900 price continues upwards to give 100% profit, you sell a number of shares to make up half your original holding. You now have your original investment back and have a holding of "free" shares.

This strategy can be performed in an IRA using a large portfolio of perhaps 30 similarly undervalued stocks. Ifrepparttar 111901 market has been declining for several months, there will be several such stocks to choose from. In an up trending market, however, it will be much harder to find good value candidates but diligent investors who do their homework will more often than not be well rewarded for their efforts.

(c) 2005 The Graham Investor - Intelligent Value Investing You may use this article, as-is, provided this copyright notice is kept intact.

John B. Keown is an IT specialist, website builder and private investor who enjoys all things stock-related and in particular seeking out undervalued stocks. He can be contacted via The Graham Investor - Intelligent Value Investing


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