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Posts Tagged ‘Gimmick’

The Truth About Forex Trading System

Saturday, May 22nd, 2010

A trading system refers to certain rules and instructions that need to be followed in order to successfully venture into foreign exchange investing. The biggest advantage of these systems is that they require minimum effort and continuous income stream. However, while it is likely to find a number of good systems in the market, majority of them do not work.

There are two principal methods of trading in forex namely swing trading and day trading. Most experts in the industry will advise newcomers to avoid the second method. With a day trade, the volatility of the market is random and difficult to predict. If you have already invested on a day trading system, there is a big possibility that you would end up with a zero account.

However, even with a swing trade, there are certain precautionary measures that you need to undertake. First, you should look for their (more…)

0% Interest Credit Cards – Truth or Fiction?

Thursday, December 24th, 2009

If you are looking for a new credit card then obviously 0% interest credit cards hold a lot of appeal for you. Anything at 0% interest nowadays grabs everyone’s attention, for that matter! But as far as these 0% interest credit card offers go, there is a lot of subtle dodging that credit card companies and bank card issuers engage in to ensure you catch the bait.

So just go ahead and admit it. You are hooked. The 0% APR credit cards ad that you just saw in the brochure attached in the morning newspaper has piqued your interest. But seriously … are these 0% interest credit cards for real?

The truth is they are and they are not. There are cards that live up (more…)

0% APR Credit Cards: A Tool To Eliminate Debt

Thursday, December 24th, 2009

It is interesting to note that what started off as a marketing gimmick has now become an almost permanent part of the credit card industry in America and today 0% APR credit cards can in fact play a significant role in helping a person reduce or get out of debt.

What Is A 0% APR Credit Card?

APR is the annual interest rate known in industry jargon as the Annual Percentage Rate. It is a reflection of the cost of credit. In the old days everybody paid a standard APR based on bank rates. It was usually about 18 per cent. The use of low APR came with the emergence of the monoline bank. These were banks that only issued credit cards and did not (more…)

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