"Hi I work for a Debt Agreement administrator. There are 3 ways to end a debt agreement, you pay it out in full, you can apply to have the agreement terminated (however interest backdates from the start of your agreement), or you can offer to make a…"
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- What is your Money Confession? (Your biggest money win or stuff up)
- I never learned how to appreciate the value of money during my earning life, and subsequently trusted too many people too much. I retired after a military carreer with a nest egg of 38K, ( a furtune to me in those days), and proceeded to let myself be ripped off until there was nothing left. In late 2007 I discovered the stock market and began to dabble in shares. I am still dabbling. I am not sure if that is a good thing or a bad thing, but it gives me an interest and keeps me occupied.
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Cliff Mearns replied to Cliff Mearns's discussion Bankruptcy -v Debt Agreement"Ben, let's not lose the loop. How financiers view bankruptcy is not relevant to the discussion of an individual's capacity to pay something. Bankruptcy is being utilised as a means of evading debt obligations. "
Bankruptcy ben replied to Cliff Mearns's discussion Bankruptcy -v Debt Agreement"I agree with the setiment however in reality there's nothing to encourage an individual to make a payment with a Debt Agreement! While technically it's different most financial companies regard it as the same as bankruptcy."
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SOunds like you had a great trip. Now to the important part - did you beat your brother at golf? (older or younger?)
Hope you had a great break - where did you go? And what did you get up to - a spot of fishing?
Warren
Matt
As for Brazil, they could be quite a force, but give they're so aligned to the fortunes of the rest of South America, this could pose problems for their future success. There are just so many problems with the way Latin American countries are run that it may jeopardise their economy.
I'd stick with India & China, although it will be interesting to see how China copes with the slowdown in the US and the post-Olympic blues.
Matt
Dabbling in the stock market is like scuba diving in shark infested waters. I believe if your are in the stock market youshould be there for one reason, to make money. I suggest developing a business plan and a system and sticking to both. A good book to read is "Trading your way to Financial Freedom" by VAN K Tharp. One of the things I have done recently is when I sell a share I put that in a custom portfolio and then I can see if it is up or down since I sold it.
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