BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Chasing Value: Four Great Stocks -- Gov't Fears Savings Spiraling Out of Control]]>http://www.bloggingstocks.com/2010/08/20/chasing-value-4-great-stocks-govt-fears-savings-spiraling-o/http://www.bloggingstocks.com/2010/08/20/chasing-value-4-great-stocks-govt-fears-savings-spiraling-o/http://www.bloggingstocks.com/2010/08/20/chasing-value-4-great-stocks-govt-fears-savings-spiraling-o/#commentsFiled under: , , , , , , , , , ,

Government debt is expanding -- again! At the same time corporate coffers are overflowing some $1.6 trillion with reserve capital, not counting financial institutions. In some instances they have more money than any state in the Union and most small countries. Chasing Value: Apple's Holding $48 Billion -- For What?

Here's a shocker -- personal savings continues to increase. When the (false) economy was booming valuations for everything were spiraling out of control, leverage was extreme, and the savings rate was next to nothing. Everyone wanted to join the party and most people stayed at the party to long, which did not end well. The savings rate has not been so high in a decade as people reduce their debt and streamline their personal budgets.

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Chasing Value: Four Great Stocks -- Gov't Fears Savings Spiraling Out of Control originally appeared on BloggingStocks on Fri, 20 Aug 2010 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAPLApple Incbrk.bChasingValueconsumer spendingEbixezcorpEZPWfeaturedFiservefisvpersonal savingsportfolio recovery associatesPRAAsavings rateWarren BuffettFri, 20 Aug 2010 15:00:00 EST<![CDATA[PRAA: Debt collector benefits from credit woes]]>http://www.bloggingstocks.com/2007/09/05/praa-debt-collector-benefits-from-credit-woes/http://www.bloggingstocks.com/2007/09/05/praa-debt-collector-benefits-from-credit-woes/http://www.bloggingstocks.com/2007/09/05/praa-debt-collector-benefits-from-credit-woes/#commentsFiled under: , ,

Do any companies benefit from growing default rates? Yes, says Paul Tracy. "As the supply of bad consumer debt swells, those in the business of buying and collecting on those loans have a more plentiful (and cheaper) pool of debt at their disposal."

The editor of StreetAuthority Market Advisor states, "Portfolio Recovery Associates (NASDAQ: PRAA) is one of the most attractive players in this particular niche. I believe that the current credit environment is actually a major benefit for the firm."

He explains, "Recovery Associates' business model is simple. The company buys defaulted credit card, auto loan and other debts from lenders. Because this debt is in default, PRAA pays just a few pennies for each dollar of debt it purchases."

Tracy continues, "As long as PRAA can collect a few pennies more than it pays for the debt, the company makes a solid profit. And PRAA has been doing just that for years."

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PRAA: Debt collector benefits from credit woes originally appeared on BloggingStocks on Wed, 05 Sep 2007 14:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>credit stocksdebt collection stockspaul tracyportfolio recovery associatesPortfolioRecoveryAssociatespraasteven halpernstreetauthority market advisorthestockadvisors.comWed, 05 Sep 2007 14:10:00 EST