Top 7 Tips To Keep In Mind When Considering Online Payday Loan Lenders

Cash advances in the USA have become increasingly popular and continues to do so. Many have found that the benefits along with the speed and ease that comes with obtaining an online payday loan is a convenience that has come to be appreciated on a wide scale. Many not only need to bridge gaps between paydays but some single family households may have no where else to turn for cash assistance. Payday lenders make it easy and convenient for anyone seeking cash assistance to get help quickly. If you are dealing with a direct lender the benefit and speed at which you can procure a loan increases. Below are common reasons why a person may take out a payday loan:1. Auto Related ExpensesSudden auto repairs can befall anyone at any time for any reason. These types of needed repairs usually seem to come at the least financially desirable moment. When this happens a payday loan advance would be a good resource and a good reason to take out a short term personal loan.2. Pay Medical BillsSurgeries and urgent medical treatment are situations that can never be predicted for anyone. Whether it is unexpected dental work, short a few hundred dollars for a surgery, or veterinarian needs for your pet a payday advance is a good reason to take out a cash loan advance.3. Buy Groceries/Utility BillsFor a large variety of reasons one can be short for necessities such as food and utilities. A frugal person can extend small budgets and juggle how money is spent quite shrewdly but even the shrewdest can be caught off guard and be short on cash in one of these areas. If one is short on cash, one does not need to skip food or bills when a cash advance is a great resource and available both online or near your most frequented stores in most communities.4. To Avoid Overdraft FeesMany banks and their lobbyist have raised a pretty good noise as to their disapproval of the payday loan lending industry, including their personal opinion based critique of payday lending practices. However, they continue to charge unreasonable and in most cases exorbitant fees to their customers on a daily and monthly basis that make it difficult for many to transact business in the consumers’ everyday lives. Cash advances are one way of avoiding those overdraft fees.5. To Avoid Late Fees On Rent Or MortgageThe banks have been known to be merciless when it comes to ability to pay and the amount owed. Similarly, when it comes to rent, if one is late, it does not matter if one has partial rent or most of the rent. Late is late. To avoid fees when one is occasionally late, a payday loan is a perfect reason to avoid these fees.6. Who Am I Giving My Info To Direct Lender or Payday AffiliateOnce you have decided that the reasons you need a cash advance is a valid one and one that will not be a consistent recurring expense, you will want to make sure that the institute that you do business with is a direct lender. Many websites up now are ones that obtain your information and send it out to a network of lenders. The process could hinder your results and time taken to obtain the loan. See my other article as to why you want to transact business with direct payday loan lender.7. Are They A Licensed Payday Lending Company? Why should a payday lending institute be licensed? You will want to have recourse should you have any problem with the institute. Many companies deal unscrupulously and unethically and you will want to make sure you are not a victim to unethical practices. To be certain, you can always ask for the lender’s license number (usually listed on their site) and verify against the State’s database. This really doesn’t take long to do at all, but it will ensure that you are working with a safe and licensed lender.If you have followed all these steps and deemed a cash advance payday loan right for you, you will be a much wiser consumer if you stick to the advice above.

SPDN: An Inexpensive Way To Profit When The S&P 500 Falls

SPDN is not the largest or oldest way to short the S&P 500, but it’s a solid choice.
This ETF uses a variety of financial instruments to target a return opposite that of the S&P 500 Index.
SPDN’s 0.49% Expense Ratio is nearly half that of the larger, longer-tenured -1x Inverse S&P 500 ETF.
Details aside, the potential continuation of the equity bear market makes single-inverse ETFs an investment segment investor should be familiar with.
We rate SPDN a Strong Buy because we believe the risks of a continued bear market greatly outweigh the possibility of a quick return to a bull market.
Put a gear stick into R position, (Reverse).

By Rob Isbitts

The S&P 500 is in a bear market, and we don’t see a quick-fix. Many investors assume the only way to navigate a potentially long-term bear market is to hide in cash, day-trade or “just hang in there” while the bear takes their retirement nest egg.

The Direxion Daily S&P 500® Bear 1X ETF (NYSEARCA:SPDN) is one of a class of single-inverse ETFs that allow investors to profit from down moves in the stock market.

SPDN is an unleveraged, liquid, low-cost way to either try to hedge an equity portfolio, profit from a decline in the S&P 500, or both. We rate it a Strong Buy, given our concern about the intermediate-term outlook for the global equity market.

SPDN keeps it simple. If the S&P 500 goes up by X%, it should go down by X%. The opposite is also expected.

Proprietary ETF Grades
Offense/Defense: Defense

Segment: Inverse Equity

Sub-Segment: Inverse S&P 500

Correlation (vs. S&P 500): Very High (inverse)

Expected Volatility (vs. S&P 500): Similar (but opposite)

Holding Analysis
SPDN does not rely on shorting individual stocks in the S&P 500. Instead, the managers typically use a combination of futures, swaps and other derivative instruments to create a portfolio that consistently aims to deliver the opposite of what the S&P 500 does.

SPDN is a fairly “no-frills” way to do what many investors probably wished they could do during the first 9 months of 2022 and in past bear markets: find something that goes up when the “market” goes down. After all, bonds are not the answer they used to be, commodities like gold have, shall we say, lost their luster. And moving to cash creates the issue of making two correct timing decisions, when to get in and when to get out. SPDN and its single-inverse ETF brethren offer a liquid tool to use in a variety of ways, depending on what a particular investor wants to achieve.

The weakness of any inverse ETF is that it does the opposite of what the market does, when the market goes up. So, even in bear markets when the broader market trend is down, sharp bear market rallies (or any rallies for that matter) in the S&P 500 will cause SPDN to drop as much as the market goes up.

While inverse ETFs have a reputation in some circles as nothing more than day-trading vehicles, our own experience with them is, pardon the pun, exactly the opposite! We encourage investors to try to better-understand single inverse ETFs like SPDN. While traders tend to gravitate to leveraged inverse ETFs (which actually are day-trading tools), we believe that in an extended bear market, SPDN and its ilk could be a game-saver for many portfolios.

SPDN and most other single inverse ETFs are vulnerable to a sustained rise in the price of the index it aims to deliver the inverse of. But that threat of loss in a rising market means that when an investor considers SPDN, they should also have a game plan for how and when they will deploy this unique portfolio weapon.

Proprietary Technical Ratings
Short-Term Rating (next 3 months): Strong Buy

Long-Term Rating (next 12 months): Buy

ETF Quality Opinion
SPDN does what it aims to do, and has done so for over 6 years now. For a while, it was largely-ignored, given the existence of a similar ETF that has been around much longer. But the more tenured SPDN has become, the more attractive it looks as an alternative.

ETF Investment Opinion

SPDN is rated Strong Buy because the S&P 500 continues to look as vulnerable to further decline. And, while the market bottomed in mid-June, rallied, then waffled since that time, our proprietary macro market indicators all point to much greater risk of a major decline from this level than a fast return to bull market glory. Thus, SPDN is at best a way to exploit and attack the bear, and at worst a hedge on an otherwise equity-laden portfolio.

Mathematics at University

High school mathematics classes are very different than those at university. Yes, mathematics classes at university are more difficult, but it is more than just that. When you learn mathematics at high school, all of the classes are about solving problems. The students are presented with the theory, the teacher demonstrates how to solve the problem using the theory and then the students try it for themselves.

What happens at university? Firstly, the classes are now lectures and so mathematics is now presented to the student rather than co-created with the student. Some problems are demonstrated, but often the lecture is mostly theory. The drawback is that the student must choose to put in the time in doing the problems outside of the class.

Some universities provide one hour of tutorial time per week or per two weeks. In these tutorials, often a postgraduate at the university will help the students in solving problems from a problem set. While this is welcomed, often the postgraduate is not as approachable as a high school teacher. The same can be said about the lecturer. Yes, you will find some lecturers who are only too happy to offer one-to-one time helping the students but this is not the norm. Most lecturers have their time taken up by research and they view classes as a secondary role of their job. This, of course, is not true for all third level institutes.

In addition to this, the mathematics courses themselves vary. For example, a student taking a course in statistics would be solving many more problems than a student taking pure algebra. Most questions in pure algebra are not “problem based” but rather “proof based”. That is, in statistical classes the student will need to solve a problem and in pure mathematical classes students would mostly be proving a result. The former is more reminiscent of high school mathematics classes.

My advice for students entering a mathematics course at a university would be to stay on top of the questions or problems the lecturer assigns. You will not have the same time in class you would have had at high school for solving problems. Mathematics is not a spectator sport; you must work at it. Mathematics is presented to students as something to “watch” but it is something to work at. And of course, if you find yourself having trouble in your course, then seek help straight away!