Privacy Policy |
Terms of Use |
Disclaimer |
Comments Policy |
Disclosure
Forex
Gump will guide you in the application of the principles of finance to the
monetary decisions of an individual or a family unit. It aims to address the
ways in which individuals or families obtain, budget, save, and spend monetary
resources over time, taking into account various financial risks and future life
events. Components of personal finance might include checking and savings
accounts, credit cards and consumer loans, investments in the
stock market, retirement plans, social security benefits,
insurance policies, and income tax management.
The information contained in
ForexGump.info is for general information or entertainment purposes only.
Most advises or tips is country specific to
the United States and most likely not applicable to other countries such as the
United Kingdom, Canada, Australia, Ireland, New Zealand, Philippines, Singapore
and Puerto Rico.
In accordance with FTC
guidelines, we state that we have a financial relationship with some of the
companies mentioned in this website. This may include receiving access to free
products and services for product and service reviews and giveaways.
Any references to third party
products, rates, or websites are subject to change without notice. We do our
best to maintain current information, but due to the rapidly changing
environment, some information may have changed since it was published. Please do
the appropriate research before participating in any third party offers.
cont.: because I can earn profits from the futures markets, I will never need another job in my life; so the SALLIE MAE’s threats about trashing my credit into the toilet, are just empty threats; since I have money I will also NOT need to borrowmoney again to buy car, house, whatever; so I dont depend on the credit scores anymore! and since I? haven’t worked for 10yrs/+, I won’t be getting social security in my senior yrs anyway. Solyndra got half billion, then goes bankrupt;
I owe more than $60,000.00USD (principal + interest +whatever fees and whatever penaltiesthey imposed on me by now). I walked…that means from get-go, I didnot pay a single dollar back. I have gotten dozens and dozens of letters from SALLIE MAE and the BANK OF NORTH DAKOTA, since June 2011 (6 monthes after I left college); it is now feb 2012. I walked!!! I have learned to trade crude oil and gold futures spreads, as well as the options credit spreads on those futures. I can earn money.
Except for niggers, they get scholarships even when they fail SATS because the jews who control higher communist indoctrination agree with niggers that “da white maa got’s ta pay fuh ouw problums bitch” .
in America is true free country, but they also being enslaved by bankers. so sad….
@dochokeana I guess you’re right. It’s just that I see a lot of people are mishandling credit extended to them and it makes me scratch my head. For that year I worked out of high school I was able to work in the construction field and make good money so that whatever more I needed for school fees was a small amount in a loan I took out. After graduating I was able to pay that off, no debt.
@FutureCACPA You just got lucky, quit your “I’m so super” bravado. You are not immune to being fired. Where is not set recipe for getting a job. A marketable skill today can be obsolete tomorrow and networking may not help either. Luck and being at the right place at the right time play a major part and right now they play the BIGGEST part. As for foreign workers they are often cheap and take lots of abuse. Of course some employers would prefer them over those who are aware of their rights.
@7477238 For some it’s not all that easy as you make it out to be. A lot of jobs that used to accept high school diploma now want a bachelors. Add the rise in costs of college tuition and you get a catch 22, 0% of lending a job without college diploma and a chance to get one with the diploma but now you have to go thousands into debt just to have a chance at a minimum wage job that won’t allow you to pay the debt back
go out of Us & work in china instead
It’s the idiots who sunk themselves into this mess that are running the costs up. Why take out a loan, particularly a student loan, when you almost know for sure that 4 years down the line you may not get a job with an income high enough. Why is it that so many Uni students think they’re going to get this 100k a year job out of school? Such irresponsible use of credit, I worked for a year after high school, made enough money that I took out a small loan that was repayable. That’s what you do.
@Tr1pMind Ahhh…that’s the thing about these student loans. They are of no risk to the lender anymore, because it’s already GUARANTEED by the Federal Department of Education. Also, its impossible to declare bankruptcy for student loans. As soon as you sign that promissory note, its over, the only sure way that debt gets written off is DEATH.
Thus the reason I am not going to continue my schooling until I get an aprenticeship
@CokeSupply student loans CANNOT be discharged by bankruptcy.
Ah.. That feeling when I work at Wal-Mart, make minimum wage and still have a better credit-rating and zero debt.
. Sometimes it’s best to look at those less fortunate than me, in order to feel better about my current era.
the irony is that the reason these kids can’t find jobs to make a living and pay for their school without a loan is because of the housing crash which was caused by risky loans, and so here we are again full circle, seeing these people taking massive loans that can’t pay off in under a decade, just causing more problems and perpetuating the education bubble. The cause is very simple, irresponsible use of credit, and the fact that people fall into this trap is madness.
the funny thing about being in debt is, i never even “touched” or “seen” the f**king money. i just signed some forms that said, i was getting this much for this amount for this period, during school.
never even “smelled” the damn money that i owe. it’s just “invisible” bullsh*t with no real value and the education i got was more in a library outside of my school than it it.
Higher Education is just another way to force people to pay off the National Debt period.
@moee12
Then another twist.
The students get the money, but the money came during a time of a budget deficit. The government has to borrow money from the Federal Reserve or from creditor countries to pay off the student loan debts. (Robbing Peter to pay Paul.)
In that case, you’re only transforming the liability from one form (student loan debt) to another (national debt).
@moee12
Then another twist.
Let’s say the government bails out the students instead of the institutions. The students themselves can only use the money to pay off the debts.
However, while this may eliminate the liability because a debt is being legally paid off, the cost still had to be paid for by the taxpayer. If it wasn’t used for paying off the debt, the public money could have been used for other things, such as transportation infrastructure repairs and improvements.
@crocfme
But, lets give this a twist.
Talking about schools and financial institutions who allowed students to pay for their attendance using credit.
Let’s say there’s a gov bailout because of rampant defaults on the debts, threatening failure of these entities.
A gov bailout transfers the liability from those who issued the credit to, essentially, the taxpayers.
Of course, you’re only transforming the crisis from one form to another instead of fixing it because the debt is still there.
@crocfme “So who actually wears the loss when these students can’t and don’t repay these loans?”
Whomever assumed the liability for default by issuing the line of credit.
All you have to do to generally determine who wears the loss is to look at who issues the most student loans.
@moee12
And the government pays for your education by using public money, which it earns from tax revenue.
So if you pay your taxes, you’re helping to pay for your own education. Your tax payments defray the costs the Australian government assumed in order to provide that service for you.
You didn’t exactly get it for free, you just happened upon a different way to pay for it.
But, if enough people who had education provided by the gov isn’t working to pay it back in taxes, well ….
@moee12 Can I ask, what about a masters degree ? I am european citizen, I have a bachelors degree in engineering so can i take a free degree in masters of engineering if i move to australia?? Thx. in advance
Yes, and let’s give illegals grants.
Love this country, fuck the people running it.
@vcdna1 I have my own business, thank-you. I think its fab that rich whites are priced out of college. They didn’t care when poor whites with 1600 SAT’s couldn’t get in. It’s karma. Now everyone is as stupid as you obviously are. That’s socialism.
@TheMoonandSea shut up nigger, stop complaining, and get a job.