| Guest column: Home equity loans should be used sparingly
The versatility of the home equity line of credit has many consumers tapping into their home's equity to pay for home improvement projects, college tuition, weddings, new vehicles and credit card consolidation. While there are no restrictions on how the proceeds can be used, using your home's equity as a temporary solution to a long-term problem could jeopardize your home and credit. For example, using a home equity line of credit to consolidate credit card debt can put you into further debt if you continue to use your plastic and carry a balance from month to month. Your home is usually your largest asset. If you choose to use your home for additional credit, be sure you have a plan and purpose for that credit, such as financing a home renovation to improve your asset and increase your home's value.
GreenShift and Subsidiaries Release Shareholder Letter
We continue to make great strides in our development but we continue to face the significant challenges presented by the complexities of a capital structure that has prevented the translation of our successes into shareholder value. Most of you are aware of the history: while our structure resulted in the successful financing, acquisition and development of our core technologies and operations, it has developed into a costly distraction and an unnecessary drain on our resources. Earlier this year we announced our plan to cure this deficiency by combining two separate mergers - the merger of GS AgriFuels and GS Energy and the merger of GreenShift and GS CleanTech - with the liquidation of non-core assets, the restructuring and refinancing of our debt, and increases in our sales and earnings.
First ever-comprehensive report on college students' health issues released
Washington, Nov16 (ANI):The first ever comprehensive report of the health of college students has been released by University of Minnesota, focussing on areas like mental health, obesity, financial and sexual health, alcohol use, smoking, personal safety, physical activity and how many students do not have health insurance. The study at the University of Minnesota Boynton Health Service involved 10,000 college students with a focus on students from 14 campuses in Minnesota who were tracked a wide range of student health issues. One of the key findings of the study has revealed how today's technology affects their health and academics. In fact, 28.7 percent of students surveyed report excessive computer/Internet/TV use and 41.8 percent indicate the activity affected their academic performance.
Playing too many dummies
Any bond investor knows that money invested in government paper is safer than that in even the best ranked AAA corporate papers. This is the reason why in India, millions of investors still swear their savings to such government schemes as the leitmotif one, the Public Provident Fund (PPF). This is reflected in the difference in yield between government debt and that of corporate bonds. The higher returns on corporate papers, therefore, compensate for the higher risk, and the difference is called the risk premium. If there were no risk, the returns on these too would be the same as on government securities. This logic, however, does break down, as has happened in the Indian bond market. Just scan the yield data on the benchmark 10-year triple-A rated papers in the US, their counterparts in India, and that of Indian government securities.
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