‘credit card’ Archive

General Motors GMGMQ Trading Halted July 13, 2009 No Comments

The trading of shares from the company formerly known as General Motors, Motor Liquidators, has been officially halted by FINRA, the industry’s self regulatory body. The trading was halted due to unstable trading and short selling that continued to take place, even though the company was just coming out of bankruptcy. The price of the [...]

Good Debt Vs. Bad Debt June 23, 2009 No Comments

Good debt?  There is such thing as good debt? The answer to this question depends on your willingness to work.  For most people, there is such a thing as good debt.  For those same people, “bad debt” is also a term with a specific definition.  Once you can distinguish between the two, you will see [...]

The Dangerous Debt Dragon March 26, 2009 1 Comment

Once upon a time, in a land extremely close to home, there lived a man who had a lot of debt.  He had once decided to go out and spend money he didn’t have by putting everything he bought toward credit.  He liked to buy anything and everything he thought he needed and was all-too-often heard saying, [...]