Investments & Finance

Question by allofyousoundthesame: credit card????
If a credit card company refuses to accept payment, do you still have to pay them??
I went through a debt consolidation company and I’ve made three payments. After three months, your supposed to get lower interest rates and no late fees and things like that. Now I have two companies saying they are denying the consolidaion proposal, basically refusing payment. If there going refuse my payments, why do I still have to pay them?

Best answer:

Answer by KKup
They can refuse payment from consolidation because that isn’t payment in full and it isn’t in line with their terms. You should talk the them and try to work something out.

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by thinkpanama

Question by WikiJo: What bear market investments do you make/follow/recommend?
This bull has had its ride; soon the business cycle will follow its natural course & contraction will manifest. What defensive stocks/bonds or other investments appeal to you? What do you do when the bear is growling at the door ?

Best answer:

Answer by patrickmcc55
The bull market has had an extraordinary run, however it would premature to predict its demise yet. Specifically because while the Dow is at an all time high, the forward P/E of the Dow is not anywhere near its all time high. With the anticipation that the Fed will lower interest rates in February, th eDow will most likely continue to rise, as the interest rate drop will only spur higher profits.
One of the hardest things to do in investing is to time the market. HowEver if you are bent on going bearish, then the best thing to do is to cash out of the market, and invest in corporate (blue chip only) and tax free municipal bonds. They will provide a solid return right now, and if rates are indeed cut to jumpstart the economy, then their face value will increase. You can then sell the bonds, and reinvest in a lowered market.

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Question by midnite maniac: Which of these two investments would you view as being more risky?
Assume that you have a short investment horizon (less than one year). You are considering two investments: a one-year Treasury security and a 20-year Treasury security. Which of the two investments would you view as being more risky? Explain your answer.

Thanks everyone, I had to ask others’ opinions as well….I will give 10 points to the one with the most thorough answer Thanks!

Best answer:

Answer by walt17jr
The 20 year security is more risky.
With a one year Treasury security you know exactly what you are getting in that one year.

With your time frame and a 20 year treasury security you would have to sell it early. It would be sold on the open market to the highest bidder. You don’t know what interest rates will be in a year or what the stock market will be doing. Both of which will effect the security’s value.The best you could do is make educated guesses. Therefore you have no idea what the security will be worth one year out.

What do you think? Answer below!