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Finance Articles
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Stuff
By Al Thomas
Article02.html Many people in the UK, in fact as many as one in three UK taxpayers have paid too much tax! Greer & Taylor LLP a respected and trusted accountancy service provider has just launched a new website The Taxation People which can be found at www.thetaxationpeople.com the new online tax refund service is dedicated to getting the maximum legal tax refunds for indviduals whatever the circumstances on a `No Win No Fee` basis The Taxation People offer a online service, with a simple and easy to follow process that will guide you along the way as you get the refund you are entitled to. In the `my account` section of their site you can track the progress of your refund application and ask questions using a secure service. I would urge you to check out www.thetaxationpeople.com, where you can enlist the help of the The Taxation People who will get you the Tax Refund you are entitled to. Greer & Taylor LLP will be following up the success of their Tax Refund service The Taxation People by launching a cost effective Self Assesment Service, keep an eye on www.greer-taylor.com for more information. Unsecured Loans Another large garage bill makes you wonder if it`s really worth spending any more money on the car. It has reached the time in its life when it`s started to cost you in upkeep and a newer model might prove to be less bothersome. With no savings to speak of you might be considering one of the Unsecured Loans that a price comparison site has pinpointed for your needs. You looked at the Unsecured Loans a few months ago but haven`t done anything about it since. Using the website that searches for low cost loans is easy as you simply enter the loan amount that you are interested in, the time period that you need it for and the purpose of the loan. The company will also need your employment status and some information about you. An initial assessment will take place for the best quote available and once the loan comparison site has found the best quote, they`ll be in touch with you. Think about the type of car that you could get with one of the Unsecured Loans and how much cheaper it would be to run. You could even combine a few of your other smaller loans into the new one to cut down on your monthly outgoings.
What is this important ?stuff?? Let?s see. Oh, I know. Price to Earning ratio, P/E. That?s always a big one on almost everyone?s list. Simply put it is how many years it will take a company?s earning to pay back the price today. It can be from five to infinity if it is not earning anything. Today there are many companies that have P/Es in excess of 50. That?s 50 years to earn back your investment. Kinda steep, don?t you think? For years the average has been 14 or 15. Today it is about 28 to 30 depending on who is counting. A stock selling at 14 P/E is fairly valued by ?experts?, but if the stock is going down is that still a ?fair? value? Do you want to buy something that is a fair value, but looks like it will sell for less in a few months? Then there are all kinds of things market analysts like to look for and talk about such a gross sales, net profit, management experience, competition, industry sector, price/volume relationship, interest rates, rate of inflation and I could go on for a couple of pages, but you get the idea. When, and if, you do this type of analysis you will find most of the numbers don?t agree with each other to give you a clear idea of whether to buy or sell. It is like trying to pick a button out of a washing machine during wash cycle. The more you look the more confused you become. Brokerage companies want you to try to use all this ?stuff?. They encourage you to become confused. That way if you pick a stock that goes down they don?t take any blame. ?The market is very complex? is their favorite phrase. Whether you win or lose they make money in commissions. If this ?stuff? is of no value in stock selection (and it isn?t) then how are you to find stocks that go up? It is so simple that brokers don?t want you to know. In fact, most of them don?t know. Here is the answer. Find a stock or better yet a mutual fund that is going up. Is that too easy? There is a basic law of physics that says a body in motion will remain in motion in the same direction until disturbed by another force. The Law of Inertia. This same principle can be applied to the stock market. Find a stock or mutual fund that is going up and buy it. When the direction changes to down (or even sideways) sell. You don?t need all that ?stuff?. 
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