Daily Investment Tips

I have always heard that football is big business. Alot of money is flowing into football clubs in terms of Television rights and sponsorship. Then I came across the following question:-

Q: How do you make a small fortune investing in football?

A: Start with a large fortune.

It would be a ridiculous idea to invest your money in football if you are looking to make a profit. The model is a failure as even success can’t guarantee profitability. Just look at the financial books of the so called successful football clubs, Liverpool, Manchester united, Real Madrid, Barcelona, & AC Milan. The profits are not there, players’ salary is ridiculous and cost of running the business is too high to be profitable. Even for clubs that report abook profit, deduct interest payments + annual loan payments and the club is money loser

People making Money In Football

The happiest people in football are the banks. They are making millions in interest payments. Another group making money is any Pay TV company that a significant monopoly on rights.

If you want a piece of football money maybe you should be looking into bank shares or Pay T.V. shares.

written by Constantine Njeru \\ tags: Ac Milan, Alot Of Money, Amp Ac, Banks, Financial Books, Football Clubs, Interest Payments, Liverpool, Loan Payments, Manchester United, Money Loser, Monopoly, Pay Tv, Profitability, Profits, Real Madrid Barcelona, Ridiculous Idea, Salary, Small Fortune, Sponsorship, Television Rights, Tv Company

When you have separate loans, Auto loans, credit card loans and student loans you pay interest for each loan. You can consolidate this loans into one and be able to reduce your monthly payment.

Home Equity Debt Consolidation

One way of reducing the monthly interest paid is to take out a home equity loan.A home equity loan has three advantages

A lower interest rate: Currently the rates for home equity loans are in single digits. Some experts estimate rates on home equity loans and lines can be lower than credit card rates by 7-10%-or more!

Tax savings: Interest payments on home equity loans or lines are potentially tax deductible, but credit card and auto loan interest payments are not. Please consult your tax advisor about the deductibility of interest with a home equity loan or line of credit.

Time savings : Make a single payment to your debt consolidation home equity loan or line rather than multiple payments to many lenders.

written by Constantine Njeru \\ tags: Auto Loan, Auto Loans, Consolidation Loan, Credit Card Loans, Credit Card Rates, Credit Time, Debt Consolidation, Debt Loan, Digits, Home Equity Loan, Home Equity Loans, Interest Payments, Interest Rate, Lenders, Loan Interest, Loan Payments, Loans Auto, Single Payment, Student Loans, Time Savings

Yahoo finance have an interesting interview with Michael Pento, senior market strategist at Delta Global Advisors. The man has come up with some neat mathematical calculations on why Americas’ debt is a disaster waiting to happen.

I have always thought uncle Sam is too big to fail but after reading Michael Pento interview the US could be another Greece tragedy or may be, another Argentina.

Using Treasury Department’s recent U.S debt estimates that showed total U.S. debt will top $13.6 trillion this year and rise to 102% of GDP by 2015. Moreover, the publicly traded debt (debt excluding intra-governmental obligations) will rise to $14 trillion by 2015, up from “just” $7.5 trillion in 2009.

Mr Pento then calculates, At $14 trillion, the interest payments on the public debt will total about $1 trillion in 2015, he continues; even assuming solid growth and low inflation, that would equal about 30% of total government revenue. “What do you think that does to our bond market?,” Pento wonders. “It leads to a dollar crisis and a bond market crisis. That’s why gold refuses to go down. ”

If Pento is right then expect the yield on US treasuries to rise. Investors in bonds could see the value of the bonds fall.

Read the rest at the Source Yahoo Finance

written by Constantine Njeru \\ tags: Bond Market, Bonds, Debt Crisis, Dollar Crisis, Gdp, Global Advisors, Government Revenue, Governmental Obligations, Inflation, Interest Payments, Market Crisis, Market Strategist, Mathematical Calculations, Michael Pento, Public Debt, Treasuries, Treasury Department, Trillion, Uncle Sam, Yahoo Finance