Repossession risk and a plan to avoid it in New York
A reader asks if a single missed payment can lead to repossession. Sharon Patchett advises that in New York a car can be repossessed as soon as late, and recommends negotiating a mutual payment plan, considering extensions, and reviewing finances to ensure future payments. She emphasizes honesty with collectors, saving weekly for payments, and prioritizing housing and car costs.
MENTIONED IN THIS ARTICLE
New York State
Beware Poor Refrigerants Can Harm Car AC This Summer
The Better Business Bureau warns consumers to use reputable service shops and name-brand refrigerants for car air conditioning. Illicit lower-cost refrigerants may be contaminated and damage systems. older cars may need adapters costing up to 800 dollars. Obtain multiple estimates and consult the BBB for reliability reports.
MENTIONED IN THIS ARTICLE
The
Better Business Bureau
Telebras stock seen as risky despite growth potential
Malcolm Berko questions Telebras TELe-35 as a Brazilian government monopoly lacking funds and capable management. He cites poor balance sheets, potential needs of 6 billion over four years, and political influence behind hires, warning investors to avoid the stock despite growth claims.
MENTIONED IN THIS ARTICLE
Sphone Company
Efrom Rio
Florida
Sao Paulo
Los Angeles
Wal-Mart
Dayton
Chio
Telebras
Brazil
Q. Telebras
Seeded funds at summer market quiets as horses swim
In a hazy market scene investors discuss mutual funds and money markets while a horse race metaphor hints at cautious gains. References to Blue Chip and Say GD appear amid jumbled phrases, signaling a fragmented financial update without clear outcomes or dates.
MENTIONED IN THIS ARTICLE
Blue Chip
Mutual
the Savers
Peepan Ees
Notion that you cant buy best advice is challenged
Wealthy investors who hire money managers may not beat mutual funds. Michael J. Flynn of Stratford Advisory Group cites fees and undisclosed custody costs in separately managed accounts. Using Mobius Group research, he finds narrowly higher three year gains for individually managed accounts versus mutual funds, 6.4% vs 5.6%.
MENTIONED IN THIS ARTICLE
Michael J. Flynn
Stratford Advisory Group
Chicago
Flynn
Mobius Group Inc
Research Triangle Park
N.C
Mutual Funds Showcase Drives Manager Record Wins
For years, individual accounts rose 8.5 percent while mutual funds gained 8.1 percent. Many managers use mutual funds as a showcase to publish top performance records, highlighting strong results tied to these funds.
New funds launch and fee changes across Fidelity and others
Vista Small Cap Equity targets long term growth with a 500 million cap and a 4.75 percent sales load. Lexington Crosby Small C Asia Growth starts this month as a no load fund with Crosby Asset Management in Hong Kong. Semper Relevant Funds Series VI promises principal return if held to May 18, 2008. New England Strategic Income Fund blends bonds with stock and government securities, managed by Daniel J Fuss. Fidelity revises fees with reduced sales charges on international funds and reinstates 3 percent charges on region funds effective July 1, plus a 1 percent short term redemption fee on Canada Europe and Europe Capital Appreciation for holdings under 90 days.
MENTIONED IN THIS ARTICLE
Vista Small Cap Equity
Lexington Management Corp
Lexington Crosby Small C. Asia
Crosby Asset Management
Hong Kong
Perpen Stevens & Clark
Gunn
Semper Rellevent Funds
Kemper Equity Fund
SHR Cahalen Benteint Y
Income Fund
Daniel J. Fuss
Loomis Sayles Band
Fidelity
Fidelity Investments
Canada
Europe
Japan
Pacific Basin
Pacific Basin Fund
Sim Bantine Ahynerm
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