The shorter the loan, the less interested you pay, yes.

Well, i just wanted to make sure. I dont really know what was going on because i've never bought a car. The dealer was explaining to my dad how with a 4 year loan he would pay less interest, and then my dad looked really bewildered and he was like.. um no, no i wouldn't, are you going to give me a 3 year year loan or not?"
I just wanted to see if my dad was right. Thanks arturius.

If you're still in school, I would encourage you to major in economics. If not, then the book that actually got me first interested in economics was If It's Raining in Brazil, Buy Starbucks by Peter Navarro, which has a cheesy / hucksterish title but is actually an awesome introduction to the different schools of macroeconomic thought and teaches you the fundamentals in terms of how to think about investing from a macroeconomic perspective. It's a very easy read but is also packed with knowledge.

It could be the rate is lower on the 4 y vs the 3 y and that net the costs will be lower. But in general and in 99% of the cases the shorter the less you pay. It could be that the dealer confused payments and interest. With a shorter term you'll pay more per month as you have to pay more towards the balance.

All tax UK offer a low cost tax refund Corporation service that ensures you will receive back every penny you are entitled to.

i got a measly sum of $15k hanging about in my pocket, never invested in my life, what should i do with it? bank only seems to offer like 0.5% here in the UK, where could i get a good 5%+ investment with that sum?

if that is too small amount to start bothering with how much do i need to get to before i consider some investments like you guys all do?

Yowsers, this is bad, right?

************************************************** **
Your account is on margin call.
You must send funds to your account immediately.
************************************************** **

Due to the recent movements in the markets you are required to deposit additional cleared funds. To cover the deficit margin amount you must deposit British Pound -5,147,964.81.

Quick Question about intraday price movements.

A few times over the last couple of weeks the UK indices have suddenly tanked around 0.5-1.5% over an hour or two then recovered. E.g. the screens turned red right across the markets after some slightly negative economic news, and then staged a slow recovery.

Obviously, large intraday databases aren't very accessible to newbies, so I wanted to know more.

It strikes me that this is a signature of markets that are easily spooked (and things could rapidly descend on some truly bad news). Furthermore, I'm guessing that this would not be normal in a true bull market. Is this true, or am I just observing normal market behaviour?

this probably won't really answer your question. But, I have invested $5k in stockmarket recently. my feeling is i was getting 1.5% through ING account and if I can do better elsewhere than that seems good to do. So, in your case, if you can find a way to do better than 0.5% then you should. There will be added risk of course, but potentially a bigger return. There isn't a huge reason to be looking for a big score (although it would be nice), but a good solid return (even if that isn't a tremendously large quantity in absolute terms). I think doing better than 0.5% shouldn't be real difficult.

Planning on going back to school very soon and finishing up with a major in Econ.

Thanks for the recommendation, this looks like exactly what I was looking for.

GM..how can it go lower..

Iam thinking about investing in..thoughts?

Apologies if there is something stupid I'm overlooking, but if you could take equal short positions in FAZ and FAS at the same time, with a decently long time horizon, wouldn't this be a nearly guaranteed decent return.

I think this would work for any of the triple levered ETFs, the more volatile the better.

hey all.

i just got added to HSBC's Premier accounts services, which is like a VIP thing for its customers.

they tried to get me to invest in 2 things:

1) Canadian money market account (which i put $50,000 into) http://www.us.hsbc.com/1/2/3/persona...s/money-market
and
2) HSBC Mortgage Fund (canadian)
http://www2.hsbc.ca/HICServlet?cmd_F...ortgage%20Fund

the latter is the one i wasnt sure about. it seemed like it was getting good returns, but ive read to be wary of investing in funds.


what do ya'll think.

http://adamsoptions.blogspot.com/200...ths-later.html

it almost sounds like martingale system. Eventually you'll hit a bad run and you're in trouble.