Archive for August 11th, 2008

Considering Online Checking Accounts

Monday, August 11th, 2008

I’ve been looking into internet savings accounts lately. I’ve had enough of big local banks. Lousy rates and high fees - why stick with them? It’s time for a change, so I’m going to try something new. Sometimes you have to remind yourself that you are lending your money to the bank with these accounts, and they ought to be paying you. It’s not like you get to charge the bank fees when they loan you money, after all. I’ve been checking out WTDirect.com. They’re a pretty good deal. Low fees, good rates, good access. And I can use any bank’s ATM. Frankly, I couldn’t care less about meeting a banker in person. I’d much rather do my banking online with a click or two than wait in line at the branch. You might want to look into the benefits of online banking yourself. Maybe your comments will help settle it.

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Factoring Accounts Receivables

Monday, August 11th, 2008

A few years back, after we started to really grow our business, we started to make it a policy to sell all aged accounts receivable balances to factoring companies simply because we could not handle them ourselves without creating an entire new position just for that. Recently though our factoring company has begun to charge more, because a number of our regular customers are evidently having greater difficulty in paying in a timely manner. So I am interested in getting some quotes from some other factoring companies to see if we can find anyone willing to do it for less. If not we may have to scale back as our profits are already practically bare bones due to the rising cost of supplies.

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Researching Investment Newsletter Reviews

Monday, August 11th, 2008

So lately I’ve been wondering about
investment newsletter reviews. Some issues have come up, though.
I’ve been scouring the Internet researching the best Stock Picking Newsletters, but it’s tough to know who’s offering legitimate info, and who is selling snake oil.
Stock picking newsletters are doubly dangerous, in that you can lose not just the cost of the newsletter, but a great deal more from making a poor investment.
I’m looking forward to being finished with all this.
More on this soon.

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