Present financial liability – up to 30%
All of us have a credit limit cap, beyond which we may become unable to borrow more. Lenders care about this and use your credit utilization ratio to determine this.
With this metric they consider the credit limit you can take advantage of (based on your total assets) and the amount of that you have used up.
You may be surprised to know that zero is not a positive number. Ideally, it is good for you to have some credit associated with your name, spread across a balanced list of loan type. (Mortgage payments, credit cards, personal loans, etc.)
Finally, they will also consider how much is owed against the original credit balance to determine your final score.
For instance, if you took out a $10,000 personal loan a few months ago and have already paid up 80% of it, this will work positively on your credit report and give you a credit boost.
Small-cap winners galore
The big stock market winners share one common attribute: Near the beginning of the ascent of their shares, the companies offer revolutionary products or services, are market leaders in their respective industries, or both. Some big stock market winners that possessed the attributes outlined above are Netflix (NFLX), which we recommended to investors in October 2002; Intuitive Surgical (ISRG), which we bought and recommended in July 2004; Baidu.com (BIDU), which we bought and recommended in August 2006; and MercadoLibre (MELI), which we recommended to investors in October 2010. Get up-to-date small-cap stock picks from David Frazier, editor of Small-Cap Profit Confidential.
Smarter cryptocurrency investments
The stock market crash of 2008 was the catalyst for his journey into alternatives. And interestingly, it was the impetus behind the creation of Bitcoin and the blockchain technology behind it. Keene Little wasn’t ready to risk his money yet but he was very curious, so he began charting Bitcoin’s technical patterns. What finally convinced him to dip a toe into digital currencies was seeing that they followed familiar price patterns that could be analyzed and successfully acted on. Now he shares those insights with subscribers to the Crypto Wealth Protocol.