Your credit report is one of the most important documents in determining your financial standing. A good credit report can help you achieve your financial goals, purchase valuable assets, and qualify for competitive interest rates on new lines of credit. A bad credit report can keep you from purchasing a new home or car, as well as preventing you from qualifying for credit at low interest rates. This makes it essential to know what’s in your credit report and what you can do to improve your credit by reviewing your credit file regularly. According to a study released on Bankrate.com , a startling 70 percent of all credit reports contain serious errors or discrepancies which can affect an individual’s credit rating. These include having accounts listed twice, incorrect account statuses, discrepancies on the date penalties were incurred, and even the assignment of incorrect aliases that aren’t the same person. Each of these mistakes can cause decreases in your credit rating and affect yo...
Here are some charts looking at how KLCI perform during the correction phase. Usually I consider a valid correction phase as price violates both trendline and the 20 day MA. Hence from the chart below we see once these 2 lines are violated, the correction phase will last 9 - 47 trading days or 2 - 9 wks depending on how bearish it was. From the findings: 2009 - no major correction as just emerged from major bear trend in 2008 2010 - 2 times 2011 - 2 times 2012 - 3 times 2013 - so far 1 time
Last week I mentioned about the importance of reading the analyst reports, however, just sitting down with a pile of financial statements isn't a very efficient or effective way of determining whether or not a company is a good investment decision. You've got to organize your thoughts - otherwise you're just going to be spinning your wheels. That's why creating your own investment analysis form can be one of the most valuable investment tools in your arsenal. An investment analysis form is a tool that you can use to help gather numbers and essential information needed to make an investment decision in one easy-to-use format. An investment analysis form allows you to better interpret your data systematically, as all of the information is collected into a standardized format. Because information is plugged in uniformly, you're guaranteed not to miss anything that you have deemed important. Moreover, an investment analysis form also allows an investor to simplify his o...
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