Should I use consumer credit counseling organizations to help me?
A reader warns that using such outfits can hurt credit scores and hinder loan access for years. Advice urges exhausting other options, consulting a trusted banker, and favoring nonprofit counselors like NFCC. They urge researching government guidance and learning about value investing for stocks.
MENTIONED IN THIS ARTICLE
C.R
Idianapolis
Fool.com
National Foundation For Consumer Credit
NFCC
Nfccorg
Ftc.gov
Remember Shakespeare and the scuttlebutt investing method
The article explains scuttlebutt as a method to gather truthful industry insights by talking to workers, managers, competitors, and retailers. It uses Fisher's idea from Common Stocks and Uncommon Profits to verify information through direct inquiry and market observation before investing in Hansen Natural and similar firms.
MENTIONED IN THIS ARTICLE
Wiley
Philip Fisher
Hansen Natural
Fool
Hansen
Hansen’s
Foolish Trivia Entry Prompt
Readers are invited to answer a trivia question for a chance to win a prize. Submit responses by following the newspaper’s Foolish Trivia prompt and include contact details as directed.
My Dumbest Investment Lessons From a Foolish Venture
A Virginia Latina investor details backing a nationwide assisted living company that cooked its books. Stock fell from 43 to about 0.30 dollars, with the wife exercising options for a timely gain while the husband liquidated at a fraction of cost. A lawsuit yielded only a small cash sum. The Fool cautions on studying financials, trusting management too soon, and diversifying, noting class actions rarely pay sizable returns.
MENTIONED IN THIS ARTICLE
Mike Wallace
Prosser
Wash
GE in first inning of a nine inning game says Fool
Jeffrey Immelt urges analysts to view GE as in the early stages of a long game. GE shows broad diversification across finance, aeronautics, diagnostics, energy and entertainment with Q1 2007 earnings up 8 percent and operating cash flow at 7.4 billion. Growth in financial services and infrastructure offsets plastics and health care weakness. GE’s expanding India and China presence could lift revenue and profit, with a 3 percent dividend.
MENTIONED IN THIS ARTICLE
General Electric
Nyse
Jeffrey Immelt
Immelt
India
China
Tata Group trivia from 1868 trading company roots
The Tata Group is India's largest conglomerate and biggest taxpayer, with 96 operating companies and about 230,000 employees. It runs the nation’s largest private steel maker, luxury hotel chain, and private power utility, plus interests in vehicles, software, food, and telecoms. Two thirds of the group is owned by a charitable trust. it introduced eight hour workdays in 1912.
MENTIONED IN THIS ARTICLE
India
Tata Group
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