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| The Nikkei closed on a negative note |
| posted by: gnutrade.satya @ Fri Jul 30, 2010 1:11 pm |
The Nikkei closed on a negative note as orders were weak for US durable goods and a downbeat take on the US economy from the Federal Reserve spurred profit-taking.
Yutaka Miura, a senior technical analyst at Mizuho Securities said: "Profit-taking is coming to the fore because in addition to worries about the uncertain outlook for the US and European economies, US stocks seem to be peaking out. Domestic earnings are helping support the market as they have been generally strong for the April-June quarter. But as most companies have kept their ... | |
| Comments: 0 :: Read More >> The Nikkei closed on a negative note |
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| Ikon Forex: NZD slumped for three trading days in succession |
| posted by: Ikonforex @ Fri Jul 30, 2010 8:46 am |
Ikon Forex – The forex rate of the NZD against all other major currencies in the forex market slumped for three trading days in succession in the forex market, even though the New Zealand FED increased its forex interest rate by 25 basis points to 3.0 percent on Thursday July 29. The new president Ballard in New Zealand FED said, after the announcement, in the future the appreciation of BOE would be slowed down in the forex market. And this statement was also quite mildly this time in the forex market.
Even though the money supply data perfo... | |
| Comments: 0 :: Read More >> Ikon Forex: NZD slumped for three trading days in succession |
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| Student Loan and Credit Card Payments When Money is Tight |
| posted by: BBKT @ Fri Jul 30, 2010 1:58 am |
Hello,
I have several government and private student loans that are about $90,000 total right now (I went to school for five year total for my masters and didn't get much in the way of grants). Here's how the loans break down:
Private #1: $26,500 at 4.35% variable. $175 minimum monthly payment, 18.5 years left of repayment.
Private #2: $7,800 at 4.94% variable. $35 minimum monthly payment, 17.75 years left of repayment.
Private #3: $28,600 at 4.94% variable. $226 minimum monthly payment, 15.25 years left of repayment.
Gov't Loan #... | |
| Comments: 2 :: Read More >> Student Loan and Credit Card Payments When Money is Tight |
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| IRR |
| posted by: besoqor @ Thu Jul 29, 2010 10:42 pm |
Hello everyone!
I'm a starter in financial math and I have 2 questions about Internal Rate of Return (IRR):
For example, the person X wants to take a $4500 credit from bank at 15.9% for 3 year. The payments to the bank are required to make yearly, not monthly. According to the Financial Calculators and the formula of a PMT (payment) in Excel, if the person X makes payments once a year, the amount of each payment is $2000. So, the person X will make a total $6000 payment, the sum of 3 payments of $2000.
Now, I want to calculate IRR. Fina... | |
| Comments: 2 :: Read More >> IRR |
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| Small Business Lending Measure Not Passed |
| posted by: CaliChristian @ Thu Jul 29, 2010 10:41 pm |
Barrack Obama was recently working on a bill that would allow for small businesses to recieve easier funding, tax breaks, and other benefits. Sounds good right? Well, theres also estimated year end deficit of $1.4 Trillion to worry about as well as the not-so-favorable beurocratic system that buries business owners in paperwork that adds to their stresses.
There were a few articles written today that are good. You decide which is best...
http://www.businessweek.com/news/2010-07-29/republicans-block-small-business-lending-measure.html
... | |
| Comments: 0 :: Read More >> Small Business Lending Measure Not Passed |
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| Auto loan or pay in cash? |
| posted by: bugmenot @ Thu Jul 29, 2010 6:15 pm |
My wife and I are both 24. We just got married in May. I'm in the situation of needing a car. Wanting to buy 1-2yr old car, used, from original owner. I've found plenty that suit my criteria in the $15-18k range.
Here's the financials: We have $8k saved up in a savings account and $40k in a Vanguard account given to us by her parents. Our combined income is about $90k/yr. Right now we're saving about $1k monthly and using the rest to pay off student loans.
She has excellent credit as her parents got her a credit card when she started coll... | |
| Comments: 2 :: Read More >> Auto loan or pay in cash? |
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| STOCK SALES AND BROKERS |
| posted by: newbie2010 @ Thu Jul 29, 2010 5:52 pm |
I'm handling my mother's estate and have discovered there is a substantial # of stock in one company that we've always thought were a part of the family trust. When they (both parents) formed the family trust, they gave 2500 shares of this particular stock to the broker based on the original stock certificate #s, but it looks as if that stock had split a year or two earlier.
When this kind of sale is done, wouldn't the additional shares that came from the split have transfered to the trust and broker at the same time, or is it all a matter... | |
| Comments: 1 :: Read More >> STOCK SALES AND BROKERS |
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| The precious metal gold saw a flat day |
| posted by: gnutrade.satya @ Thu Jul 29, 2010 12:24 pm |
The precious metal gold saw a flat day as the market took a breather after hitting three-month lows the day before. The Metal was seen slightly lower as there were few surprises when the Federal Reserve said that the US economy kept growing overall in recent weeks, but unevenly and it actually slowed in a few regions as housing markets softened after the end of a popular tax break.
Standard Bank analyst Walter de Wet said: "For now, the metal looks very bearish technically and to be honest, all these moves since yesterday are heavily techni... | |
| Comments: 2 :: Read More >> The precious metal gold saw a flat day |
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| Stable central parity rate made USD/RMB get stabilized in t |
| posted by: Ikonforex @ Thu Jul 29, 2010 9:54 am |
Ikon Forex – Because the supporting elements were not sufficient and the central parity rate was relatively stable in the forex market, the forex rate of USD/RMB got stabilized in the noon session in the forex market on Thursday July 29. The forex rate of USD/RMB central parity rate slightly fell from 6.7785 on Wednesday to 6.7787 on Wednesday July 23.
In the forex trading market, the forex rate of USD/RMB was 6.7779, and the previous close quotation was 6.7780; some forex dealers predicted the forex rate of USD/RMB would fluctuate in a narrow... | |
| Comments: 1 :: Read More >> Stable central parity rate made USD/RMB get stabilized in t |
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