A Short Biography of Rupert Murdoch - Through the Up and Down of The Last Tycoon
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Here is a wonderful article on Murdoch's empire and the steps he have climebed to grab this. It is certainly a wonderful read for all.
For investors, Murdoch's management of News Corp. demonstrates the bright and dark sides of betting on an impetuous entrepreneur. His controlling interest has allowed him to take big risks and run his properties his way -- for the most part, successfully. But control has also let him indulge his proprietor's penchant for hanging on to losers too long, to the detriment of the public shareholders.
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Personal Loans - The Rates Are Higher Because The Risk Is Greater
Editor's note: This is a guest post from Angye M. of AmericaOne
Most people don’t understand this fact about personal loans
Personal loans
come with higher interest rates than most other loans. Most people know
this. But what many don’t understand is why the rates are higher. It’s
simply because the loans aren’t secured, and the lenders charge a higher
rate to cover their risk.
A secured loan is guaranteed by property, and therefore has a lower interest rate. A mortgage is a secured loan, guaranteed by the home itself. If the borrower defaults on the loan, the lender can take possession of the home in order to recoup his losses. The fact that the borrower was able to provide collateral is what drives down the interest rates on secured loans. Secured loans are considered good risks for lenders.
An unsecured loan does not use collateral. Since no property is used to guarantee the loan, it’s a much greater risk for the lender. If a borrower uses a home equity loan to obtain a $15,000 loan, the lender can count on the fact that the loan is secured by the home. The lender knows the borrower will pay the loan back.
Most people don’t understand this fact about personal loans
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A secured loan is guaranteed by property, and therefore has a lower interest rate. A mortgage is a secured loan, guaranteed by the home itself. If the borrower defaults on the loan, the lender can take possession of the home in order to recoup his losses. The fact that the borrower was able to provide collateral is what drives down the interest rates on secured loans. Secured loans are considered good risks for lenders.
An unsecured loan does not use collateral. Since no property is used to guarantee the loan, it’s a much greater risk for the lender. If a borrower uses a home equity loan to obtain a $15,000 loan, the lender can count on the fact that the loan is secured by the home. The lender knows the borrower will pay the loan back.
Why Stock Trading Attract Millions - Mindset of any Stock Traders
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Greed
Greed is the number one factor behind attracting people to stock trading, well known as day trading. General perceptions about stock market is the place where people able to make money immediately. Greedy people thus attracted to day trading to become rich in a fortnight. They are violating the rule "the requirements of patience".
Day Trading or Stock Trading Explained from Acquired Knowledge
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Once if you go through huge number of investment articles in this blog, may have noticed in various places that I am totally negative on stock trading. The reason behind this is, in the world of stock market, we can meet two types of people, stock investors and stock traders. To become successful with stock investments, an investor should be aware about the meaning of both investing styles and need to select proper path to build wealth.
Day trading, better known as stock trading, deals with stocks for a small period of time. Stock traders buy stocks and immediately sell it within some time or maximum a day to book very little profit of some pennies from each stock. To identify the stocks to trade, they are taking the help of technique known as technical analysis or candle sticks which doesn't have any complete success to claim.
Insurance Issues to Consider for Hoteliers: The Need for Specialized Insurance and More
Editor's note: This is a guest post from Sachin
If
you own and operate your own small hotel or other accommodation, there
are a number of insurance issues you need to be thinking about. If you
become ill and you cannot operate your own business, you will need the
support of income protection insurance. You also have other issues to
think about, such as if something happens to one of your guests or your
staff, and you also need to protect yourself against the case of fire,
water damage and other natural disasters.
In this article, we look at some of the main insurance policies a small hotel or hostel owner should be thinking about. If you are not fully covered, you are risking a lot. There are those insurance agencies that specialize in coverage for hotels, hostels and other small owner operated accommodation. They can normally package a comprehensive policy to cover you for most situations. This is generally called ‘hotel insurance’.
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In this article, we look at some of the main insurance policies a small hotel or hostel owner should be thinking about. If you are not fully covered, you are risking a lot. There are those insurance agencies that specialize in coverage for hotels, hostels and other small owner operated accommodation. They can normally package a comprehensive policy to cover you for most situations. This is generally called ‘hotel insurance’.
Disadvantages of Monopoly Business
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Why do investors love monopoly business to invest?
A monopoly business mean there will be only 'a' product or service available in the market. In a better word "a single seller in a given market". Rest of all known as "Commodity Business".
Are you Financially Free? Here are Some Characteristics of Financial Freedom
Editor's note: This is a guest post from Julia Slovich
Millions
of people would answer this question with, “Yes, I’ve got financial
freedom. I have a roof over my head, nice cars, I take lots of
vacations, and my kids have everything they want.” While having a great
life is definitely of value, this is not the right answer to the question of financial freedom.
People who are financially free (or financially independent) are not
held in bondage by debt, like so many who live extravagant lifestyles
are. So what does a financially independent person look like? For
starters, it’s not always the person with the nicest house and most
possessions. Here are some characteristics of a person with financial
freedom.
1. They live below their means.
Instead of living their lives in financial bondage, financially free people are sticklers for their budgets. They don’t spend all of their paycheck every month and don’t have huge credit card balances (if any). They have money in reserves for emergencies and rarely splurge.
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1. They live below their means.
Instead of living their lives in financial bondage, financially free people are sticklers for their budgets. They don’t spend all of their paycheck every month and don’t have huge credit card balances (if any). They have money in reserves for emergencies and rarely splurge.
Annual Best Books of the Year So Far
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"With so many incredible book releases in 2011, we couldn't wait until the end of the year to highlight our favorites," said John Nemeth, director of Amazon.ca. "We really wanted to stop mid-year and celebrate these special works and we hope our customers enjoy this in-depth cross section of titles as much as we have."
Summer Vacation on a Budget - Save Money on Vocation and Road Trips
Editor's note: This is a guest post from Ben Joven
Summertime
is normally the season that families plan and take that annual road
trip of vacation, unfortunately a lot of households are temporarily
postponing their trips due to the fact that the economy is still not
fully recovered, gas prices are still a bit high and the US unemployment
rate is still around 9%. For some of us those things will not stop us
from moving forward with our vacation plans but we still may be a little
more frugal when it comes to our holiday than in previous years. This
article will give you some great summer time, frugal vacation tips so you can stay within budget and not break the bank this summer.
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Top 5 Money Energy Saving Tips At Home
Editor's note: This is a guest post from Jo Lewis from uSwitch.com
There
may be a global recession on, but many of us still enjoy going on
vacation and relaxing in the sun. However, a summer vacation can be very
expensive. The price of booking plane flights, hotels and restaurants
can all become costly. But did you know that while you’re away on
holiday, your utility bills can also add up and dent your finances? If
you’re planning on going away on holiday this year, you’ll benefit from
reading the following five money saving tips aimed at reducing your
utility bills. Whether you’re going on a long trip or a relaxing short
break, the following money saving tips will help decrease your utility bills.
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5 Free Things to Do in Washington State
Editor's note: This is a guest post from Shing Mon Chung
Whether
you want to explore the culture or the countryside there is loads to do
in Washington for free. Stay in a Washington hostel and you’ll also
save money on food and entertaining as you can hang out in their
fully-equipped kitchens and common rooms.
Anacostia Park
With 1,200 acres of aquatic gardens, river boating, swimming pools, golf courses, marshes and pavilions, Washington’s Anacostia Park is a sprawling hive of outdoor fun. The National Park, once home to the Nacotchtank Indians, is open from 9:30am to 5:30pm every day except Thanksgiving, Christmas, and New Year's Day.
President’s Park and White House Visitor Centre
Fancy a tour around President Obama’s home? Pre-book a free tour to check out the celebrated house and join in with the historical and information programmes. The President’s Park is actually in a National Park along with the surrounding Lafayette Park, Sherman Park and the 1st Division Monument.
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Anacostia Park
With 1,200 acres of aquatic gardens, river boating, swimming pools, golf courses, marshes and pavilions, Washington’s Anacostia Park is a sprawling hive of outdoor fun. The National Park, once home to the Nacotchtank Indians, is open from 9:30am to 5:30pm every day except Thanksgiving, Christmas, and New Year's Day.
President’s Park and White House Visitor Centre
Fancy a tour around President Obama’s home? Pre-book a free tour to check out the celebrated house and join in with the historical and information programmes. The President’s Park is actually in a National Park along with the surrounding Lafayette Park, Sherman Park and the 1st Division Monument.
Credit Card Accountability Responsibility and Disclosure Act 2010
On May 22, 2009,
the Credit CARD Act of 2009 was signed into law by President Barack
Obama. The full title of the law — Public Law 111-24 — is the Credit
Card Accountability Responsibility and Disclosure Act of 2009. It amends
the Truth In Lending Act, the Federal Trade Commission Act and the
Electronic Funds Transfer Act.
Following is a description of the main provisions of this important consumer protection legislation. Keep in mind that there are numerous sections of the law where the Federal Reserve Board — called the "Board" from here on — often with the cooperation of other regulatory agencies, will be required to develop rules that describe how the law will work in "real life." In other words, this is not the final word on this legislation, and is meant to help you understand it, not provide a legal interpretation.
Following is a description of the main provisions of this important consumer protection legislation. Keep in mind that there are numerous sections of the law where the Federal Reserve Board — called the "Board" from here on — often with the cooperation of other regulatory agencies, will be required to develop rules that describe how the law will work in "real life." In other words, this is not the final word on this legislation, and is meant to help you understand it, not provide a legal interpretation.
Don’t Let Poor Credit Ruin Your Chances of Getting Your Dream Job
Editor's note: This is a guest post from LifeLockPromotionCode.net
Get ahead of the game by taking control of your credit now
If you’ve ever applied for a job, you know that many employers check credit histories on potential employees. Employers use credit reports to judge how responsible a person is. What an employer finds on a credit report can cause issues when you’re searching for the perfect job.
Before an employer runs a credit report on you for employment purposes, he must first notify you in writing and obtain your written consent.
There are some items that could cause issues if found on a credit report. There are red flags employers will pay attention to and use as part of the decision making process. These red flags include:
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If you’ve ever applied for a job, you know that many employers check credit histories on potential employees. Employers use credit reports to judge how responsible a person is. What an employer finds on a credit report can cause issues when you’re searching for the perfect job.
Before an employer runs a credit report on you for employment purposes, he must first notify you in writing and obtain your written consent.
There are some items that could cause issues if found on a credit report. There are red flags employers will pay attention to and use as part of the decision making process. These red flags include:
How to Apply Payday advance Loans for Your Requirement
Editor's note: This is a guest article by Tippong P
There
are numerous cases when we would like to have money to take care of
emergency expenses yet we discover ourselves broke without cash in any
respect whilst still being there exists a couple of weeks before you
receive your monthly salary. You could possibly try seeking the
assistance of friends but they have sufficient cash to see them through.
Due to the urgency of the situation you may not be capable of invest in
a mortgage. This is how payday loan will come in.
Payday cash advances are created for many who get lucky and have a very normal work and receive regular salary. In a few terms it is also known as cash advance loan, salary loan, quick unsecured loans, etc. It may be popular, especially to individuals who're employed and so are having a tough time balancing the household budget, because of a lot of reasons. Though it has disadvantages, they're outweighed by many disadvantages.
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Payday cash advances are created for many who get lucky and have a very normal work and receive regular salary. In a few terms it is also known as cash advance loan, salary loan, quick unsecured loans, etc. It may be popular, especially to individuals who're employed and so are having a tough time balancing the household budget, because of a lot of reasons. Though it has disadvantages, they're outweighed by many disadvantages.
Toothbrush, Passport…Travel Insurance?
Editor's note: This is a guest post from Angie Picardo of NerdWallet
Sometimes
the excitement surrounding a vacation trip could take our minds off the
actual logistics. Few people look beyond booking airline tickets, hotel
accommodations and other transportation. The “what ifs” aren’t fun to
think about when packing up for a family vacation, but the only way to
avoid a mishap is to be prepared.
Traveler’s insurance has been labeled as a scam, but with all of the new developments in travel these days, it’s worth taking a look. Some instances in which you’d benefit from traveler’s insurance are if a flight is canceled or you can’t make it, your passport is stolen, you need emergency medical assistance, or if there are hostile conditions in your destination.
When shopping for traveler’s insurance, you’ll find that your airline, cruise line, etc. will offer their own insurance package. It’s best to steer clear of these offers because in the event that the company, for example, goes bankrupt, you are no longer covered and won’t get your money back. Third party issuers are a better choice since they work independently from your travel line.
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Traveler’s insurance has been labeled as a scam, but with all of the new developments in travel these days, it’s worth taking a look. Some instances in which you’d benefit from traveler’s insurance are if a flight is canceled or you can’t make it, your passport is stolen, you need emergency medical assistance, or if there are hostile conditions in your destination.
When shopping for traveler’s insurance, you’ll find that your airline, cruise line, etc. will offer their own insurance package. It’s best to steer clear of these offers because in the event that the company, for example, goes bankrupt, you are no longer covered and won’t get your money back. Third party issuers are a better choice since they work independently from your travel line.
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