To even being to understand if an ARM mortgage is a scam is to really understand what it is and how it works.
An adjustable rate mortgage gets a bad rap because of the thousands of foreclosures over 10 year ago. Here is how it works.
An adjustable rate mortgage has an interest rate than can change at predetermined times. Unlike its conventional brother whose rate never changes, a buyer has to be aware of what they are getting into.
The only reason you would ever want to do an ARM is for the lower interest rate. Usually ARM mortgages have a very low rate compared to the conventional.
What many buyers were doing were these ARMs. They also weren't putting any money down. So when the rates popped, and they couldn't afford the new payment, they stopped making them.
Here is an example of how one works. The first "3" means that your mortgage payment won't change for the first 3 years no matter what. You make the same payment. The next 3 tell you how often your rate can adjust. In this case, your rate on your mortgage can only change once every three years.
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Think of job boards and position listings as a dating service.
Things need to match or they don't swipe right (or left?)
Make sure the content is strong by using achievements and ACTIVE verbs.
Need help with that? Message me.
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I am struggling with a hit in confidence.
Will be let go at the end of the year for reasons that are not me - senior mgmt doesn’t value the role of operations, financial troubles, not our first round of layoffs. And I’ve made peace with leaving but in trying to find something new, have gotten no interviews at all. Probably applied to 70 jobs or so so far. That’s what is hurting my confidence. I know I can do well and in interview but having a hard time getting in the door. Any advice or services that have worked to successfully get you an interview?
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I am a soon to be qualified accountant and I have seen great disparities between different companies in their accounting department.
Unfortunately, I did not qualify via a big 4 company or a top 50 accounting company.
I have worked for both private and FTSE listed companies and have noticed a difference in their accounting methods/styles.
I have spent the majority of my career as an assistant accountant. However, my new role is focused on management accounts and client reporting.
I am nearing 30, and I am very worried I am lacking core accounting experiences that would put me in a favourable position with employers.
My current employer does not have a distinct hierarchy/support systems for promotions or any development opportunities.
I would like to be in a position where I can know the integral parts of accounting which will allow me to be confident in taking on a management role.
I have seen all the finance directors have been ex big four auditors / ex auditors in general so they have a wide breadth of knowledge.
How can I improve my accounting knowledge , so I can learn about all departments and begin to think as a strong accountant.
I would appreciate if someone could provide advise on how to climb the ladder in accounting . My interest do lie in treasury accounting but I believe I have mistakenly joined this company without thinking about the development opportunities available to me.
What is the normal career path of an accountant? I graduated in 2019 .
How can an individual become a strong accountant and differentiate themselves from their competitors?
Thank you in advance.
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I graduated in MS in Supply Chain Management August 2023. I have enormous experience in leadership role in fast moving shipping company based in Asia Pacific. Currently, support family owned Real Estate Investment company where I am in charge of all investment portfolios as a project manager. I am competitive, full of vigor with analytical skills and emotional intelligence. I really want to move career in Supply Chain Management. The only thing that has stood my way is “Fear” of my 63 lifelong experience that can offer so much insight into everything. Please provide me real feedbacks. ?
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What is the easiest remote side gig I can find?
Looking for something to supplement my income while unemployed and while looking for a permanent position. Is it customer service or data entry or doordash? What have you done while in career transition situation for money?
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I recently was promoted within the organization to an executive assistant to the VP.
my first 3 months were extremely busy, stressful and confusing. Had I not been in the organization for 10 years in a previous role, I think they may have fire me.
fast forward and I’m sitting here so bored. The department has ebbs and flows and I was told this at my interview.
I know in no time, I’ll be running around again.
My question is, should I ask for more work during this intermittent downtime or ride it out.
I have been the dumping ground for people’s responsibilities in the paymasters so I want to try and avoid that this time around.
Also, the position I am in is the highest I can move. So I really don’t have to prove myself in order to get another promotion. This is my 4th promotion in the company in 11 years. I really don’t plan to move again.
What would you do to keep yourself so you don’t get someone’s busy work.