4 credit score factors investors
should watch out for

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If you’re an investor, you know the value of making every dollar work for you. That’s why your FICO® Scores are so important. Since 90% of top lenders use FICO Scores to help make lending decisions, a high score will improve your chances of qualifying for the best rates and offers—which ultimately means more money in your pocket from investments.   On a $216,000, 30-year fixed-rate mortgage, the difference between a 620 FICO Score and a 760 FICO Score could be the difference between a $1,139 and $941 monthly payment. FICO Scores make a difference when it comes to investing.   With that in mind, here are four FICO Score factors any prudent investor should be aware of.   1. Do your rate shopping within a short time period Applying for mortgages, loans, and … [Read more...]

Easy Ways to Start Investing

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Beginning investors are sometimes slow to get started because they aren’t sure just what to invest in. If this describes you, there’s no need to delay – you can start investing in just about everything. You can do it now, and it’s easier than you think.   You don’t need to worry about individual stocks or bonds. You can invest in either mutual funds or exchange traded funds (ETF’s), each of which represents a portfolio of stocks and other investments in either the overall market, or in various specialized sectors.   This is the easiest route for most new investors, because you can diversify across literally hundreds of stocks, thousands even, simply by holding a very small number of funds. This will also cut down on the cost of investing, since you pay a single fee – … [Read more...]

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