Smart Investor bets on Rain Commodities

Rain Commodities is said to be on the radar of a domestic brokerage firm who seeks to ‘invest smartly’. The firm is said to be aggresively asking investors to buy heavily into the scrip. The firm seems to be creating a buzz that Calcined Petroleum Coke (Rain is the world’s largest producer of CPC) is [...]

Author: Austin Comments: 1 comment Date: 28 Apr 2008 More: Read more
Categories: Street Buzz Tags: , , ,

US Housing Market – Drop in prices

Photo by Neopixx This guest-post is by Jeff Miller. He is an Economist by training, a tech geek by inclination, and an IT Manager and a Real Estate Investor by experience. Jeff also knows a number of people who are smarter and better connected than he is and he hopes to share what he has [...]

Author: Austin Comments: 0 comments Date: 24 Apr 2008 More: Read more
Categories: Real Estate Tags: , , , , ,

Investment Musings

It feels great when your blog post is a source of inspiration for others to start a new blog. And that’s precisely what happened with this post Black Money Saves Our Financial Sector.

Author: Austin Comments: 3 comments Date: 19 Apr 2008 More: Read more
Categories: Blogs Tags: , , , , , ,

Fuel For Thought

Photo by Sam UL I filled up my car’s fuel tank, and I thought fuel has become really expensive after the recent price hike. But then I compared it with other common liquids and did some quick calculations, and I felt a little better. To know why, see the results below – you’ll be surprised [...]

Author: Austin Comments: 4 comments Date: 16 Apr 2008 More: Read more
Categories: Money Tags: , ,

148th Edition of the Carnival of Personal Finance!

Gather Little by Little has hosted the 148th Edition of the Carnival of Personal Finance! and The Orange Paper is listed in the Real Estate section. Be sure to check all the fantastic articles listed in the carnival.

Author: Austin Comments: 2 comments Date: 15 Apr 2008 More: Read more
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Need Money For Short Term? Try Secured Loans

A friend of mine recently applied for a personal loan from a leading bank and was shocked to know that she would be paying almost 50% of the loan amount as interest, spread over a period of 5 years. The purpose of this personal loan was to settle some outstanding credit card dues. Agreed, the [...]

Author: Austin Comments: 0 comments Date: 4 Apr 2008 More: Read more
Categories: Loan Tags: , , , , , ,

Black Money Saves Our Financial Sector

Traditionally, US mortgage lenders checked the creditworthiness of borrowers and then provided 80% of the home loan amount; the remaining 20% had to be paid by the borrower. So, even if the price of the house dropped it would still be higher than the bank’s loan thus giving an incentive to the borrower to repay it. However, in the recent years in order to increase lending volumes and profits the US banks followed a relaxed approach (many lenders even stopped checking the creditworthiness of the borrowes) by giving loans that were EQUAL to the entire value of the house, so the borrowers had no personal stake at all. Ultimately, this led to loans that were given to people who did not have any documented income, job or assets.

Money Hacks Carnival #6

Just received an email from Peter who informed me that The Orange Paper is listed at the Money Hacks Carnival # 6. Hmm… feels good Thanks Peter!

Author: Austin Comments: 0 comments Date: 2 Apr 2008 More: Read more
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