Day trading is a solitary adventure much of the time. The need to sit in front of multiple monitors all day and trade small stocks for big profits does not enhance one’s social life. But there are day trading communities out there with free chat for traders that are just jumping into the life and want to learn as much as they can or for mid-career veterans that want to learn the latest in forex trading. Hanging in a free chat room for day traders is about more than just getting to know each … [Read more...]

Few of us have such a poor grasp on finances as Homer Simpson who, in the episode Boy Scoutz ‘n the Hood, was upset to find a twenty dollar bill under the couch when all he wanted was a peanut. You probably wouldn’t have to hold an internal conversation during which your brain explains money can be exchanged for goods and services. But just because you have the basics down pat doesn’t mean there isn’t a lot left to learn about finances. According to Standard & Poor’s Rating Services … [Read more...]

Your annual Fourth of July barbeque doesn’t signal the end of your summer. It’s only just begun, and you have plenty of time to see the world before the heat of the season sizzles out. The timing might be right, but you may be hesitant to book your next trip. It’s not the latest terrorist attacks around the globe or rising geopolitical issues that keep you from travelling the world. It’s your budget. You’re by no means one of the top 1% but neither are you fully care-free. You’re solidly … [Read more...]

It used to be that credit cards were frowned upon and had a bad rap.  Growing up it seemed to be that you only had a credit card on hand for emergencies, and that if you ever used one for purchases, it was that you didn’t have the money at the time.  While it could be true that you don’t have the money, and want to pay it back over time, if used responsibly, credit cards can actually make good financial sense.  Using carelessly, and you could put yourself into credit card debt that could take … [Read more...]

If you are looking at borrowing from any lender, whether it be a mortgage, car loan, credit card, or even insurance, your credit score will likely be the first thing checked when you fill out a credit application to see if you are worthy of lending to.  While income is definitely factored in for loan approval, credit score is what will decide which rate and terms you can get, or if your score is too low, even being turned away at all.  Even the slightest increase from the best rate could cost … [Read more...]