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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Jul 18, 2002
Page
14
Derivatives include options futures contracts and warrants based on other assets like stocks bonds or commodities. They hedge risk and enable leverage but can be very risky, especially when used aggressively. Even renowned investors have suffered losses such as the Long-Term Capital Management collapse.
Tomorrow in AT HOME, a feature on how a new entryway can raise a home's worth. The article notes potential value added and offers design ideas for improving curb appeal.
Consumers are bombarded with pre approved card offers two to three times weekly. Experts warn rates can rise after initial low 9 or 10 percent figures and advise paying more than the minimum to avoid fee growth.
New York AP reports on the lure of debt consolidation loans amid rising credit card debt. Experts warn such loans can worsen finances if spending habits do not change. case study: Sandra Escala, 31, faced civil judgment after using an open ended loan to pay cards, eventually paying off $14,000 in four years with counseling and saving to buy a home.
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