What About Banking? (2)
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Thanks. That is an excellent query. In truth the rationale I wrote the article was that I didn’t think technical evaluation ought to work, then discovered that Anthony Bolton (the UK equal of Warren Buffett) makes use of fundamental evaluation for figuring out what to buy and Technical Evaluation for timing, so I’ve completed a lot of analysis into if it really works and why. And the answer is… generally and probably because investors move the markets and TA help determine what they are, on average, investing in. TA is definitely not an actual science and shouldn’t be the only source of buying and selling info.
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Borrower beware! Prosper is unreliable at updating their records and credit reporting companies. I phoned Prosper and made a handbook fee to pay off the remainder of my balance owed for a loan. Three months later my credit score report exhibits that the remaining steadiness is delinquent! When I log into my prosper account, my account STILL exhibits the quantity past due plus curiosity is owed. After calling them and preventing with them, the only response I acquired was an electronic mail confirming that I paid off the final balance. My credit score report nonetheless has not been updated from this error since 2012!