finance, on SWiK

Contrarian Profits

Fri, 01 Aug 2008 10:12:14 -0700

ContrarianProfits.com is a financial news and opinion website with a twist. As investment guru Rick Rule puts it, “You are either a contrarian or a victim.” In the financial world, most people are losers because they just don’t know what game they’re playing. They think they can just get “into the market” along with everyone else, do what everyone else does, and they will make money. Not likely. By the time you’ve paid commissions, spreads, fees, taxes – and suffered the consequences of inflation – you’ll be very lucky just to have as much money as you started with.

ContrarianProfits.com is a contrarian site, in the sense that we provide ideas, opinions and recommendations that often run counter to the mainstream financial press. We do this not just to be contrary, but because we’ve realized that Rick is right. You don’t make money by following the crowd; you make money by leading it.

Why is this so? Well, it’s obvious that if you do the same thing everyone else does you’ll get the same results everyone else gets. On average, and over the long run, real investment returns for the typical investor cannot exceed the rate of growth of the economy itself. Everybody can’t get richer faster than everybody else. Real economic growth in the US today averages about 3% per year; if you don’t make any mistakes, that’s about what you can expect. Few people may be satisfied with 3% per year, but most feel comfortable in the middle of the financial herd and are happy to take whatever that gets them. If you’re one of those people, you will probably not like our site. It will make you uncomfortable.

If, on the other hand, you’re willing to look at things a little differently, you’ll appreciate the views of many of our columnists, contributors and visionaries.

Here, you’ll read the views of: Porter Stansberry, Doug Casey, Rick Rule, Bill Bonner, Steve Sjuggerud, Addison Wiggin, Chris Mayer, Dan Denning, Dr. Marc Faber, Mogambu Guru

These are some of the greatest contrarian minds in finance. Of course, you don’t have to take my word for it. You can just go into the archives and see what they’ve been saying. Have they been right or wrong? Judge for yourself.

By the way, the opinions, ideas and general recommendations you read here at ContrarianProfits.com are free. But when you leave the site to get specific investment recommendations, often you will need to be a paid-up subscriber.

One major difference between these alternative views you read here at ContrarianProfits.com and those you get from most of the financial press is that our writers have nothing to sell but words. When you call a broker…or listen to Abby Joseph Cohen on television…you should know that they are selling investments. Of course, the whole financial industry works that way…except our little alternative corner of it. Our writers are much more independent – financially as well as intellectually.

The ideas and opinions you read here may turn out to be right, or they may turn out to be wrong. But at least that’s all there is. No hidden agendas. No fees or commissions. Just words. Different words. Alternative ideas. Contrarian investment advice.

You’ll notice also that we have a sense of humor here at ContrarianProfits.com. We have to. We know that the world of money is treacherous, deceptive and often perverse. When you think you have it figured out, it seems as tame and predictable as an old dog. But you bend down to pet it, and the darned thing bites your hand!

Hope you like the service. It’s free, of course. We aim to make sure you at least get your money’s worth.

Will Bonner Publisher, ContrarianProfits.com

User:finforall

Wed, 16 Apr 2008 03:08:50 -0700

User:citizens4usa

Fri, 14 Mar 2008 03:12:39 -0700

It’s often seen that a somewhat limited income earner has a tendency to find difficulty in buying a brand new new. One reason might be their limited income or perhaps the sky high prices of new cars. Maybe even due to the reason that they do not want to utilize their savings. In situations such as that a used vehicle loan can be a very useful source in purchasing a car.

Used vehicle loans are typically available in two forms which are:
1. A secured used vehicle loan
2. An Unsecured used vehicle loan

Each of the two forms have their own distinct advantages and disadvantages. A secured used vehicle finance can offer comparatively competitive interest rates and are specifically designed in order to meet the needs of each asset holder. On the other hand, a unsecured used vehicle loan are generally targeted to all tenants and those other asset holders that are not willing to place collateral themselves.

Any type of asset or bank paper of a certain value can be used as collateral against the used vehicle loan amounts. Sometimes a vehicle in and of itself can act as collateral for a used vehicle financing.

It’s often true that a secured from of used vehicle loans offer a certain advantage but with that it also carries the risk of losing the asset that is placed as collateral. However, such risks arise occasionally and that is generally on the occasions of non repayment of any monthly installment. On the other hand, an unsecured form of used vehicle loans carry no risk to assets since no assets are involved but the rate of interest that you would be paying is typically much higher.

In secured used vehicle loans, the person may borrow up to the amount of equity in collateral. The factors like your credit score, financial situation, employment proofs, income proof, and more, are taken into consideration when determining the interest rate of a unsecured used vehicle auto loan.

High down payments that are made always help in procuring a used car loan with competitive rates. The credit score of the person carries great importance so that a person with a good credit score is always offered with a great offer and competitive rates. This is because their good credit score gives some assurance to the lender that timely payments will be made and also most lenders prefer dealing with people that have good credit.

Lastly, the factors which the person usually does not remember to consider while buying a car is insurance. They must get their automobile insured and it should not be procured from the same financial institution. Rather, it’s much better to take it from any other company that specializes in insurance.

With that being said, used vehicle financing will help the person in becoming an car owner without much difficulty. So, don’t wait and go get yourself a used vehicle loan to get you the car of your dreams.