student

Investors will have enough confidence to buy stocks including with the mythological risk, based on two things happening. If the price of an issue is going higher and has increased over enough time so that you can see a trend, we/I buy. A PSE issue started at P1.00 earlier this year. Five days later it was trading at P1.10. I bought.

Two weeks later at what I saw as a buying climax (it wasn’t) I sold at P1.34 with a 20 percent profit several days before the high at P1.45. I do not have any idea why the price went up or why it stopped going higher at P1.45 and I do not care. Like the shirt I bought at Rustan’s, the stock made me look younger and wealthier, with less fat around the middle.

You buy the “shares” that are in effect backed by the performance of the company. In a similar manner, you do not buy the Iranian rial, Lebanese pound, Zimbabwean dollar, or Argentine peso because these are backed by bad governments running bad economies.Therefore, you should follow corporate developments through their official disclosures. The problem is that 90 percent of company leaders do not have a genuine understanding of what investors are looking for. “Earnings up 30 percent over last year” is almost meaningless. Was that from a low base? Is the profit increase only from decreased expenses? How much of that is sustainable? What I want to know is not what you did for me in the past but what are you going to do for me in the future. Yes, tell me how many more stores you opened last quarter/year but more importantly, what are the samestore sales doing? Most importantly, to build my buying confidence, tell me how and why what you are doing today will raise profits in the future. Prices going higher build investor confidence. Companies showing increasingly smart effort for the future also do. And waiting for “The Government” or “The World” to “address the problems” for you to build your investing confidence is a fool’s errand.

Loan Payments

millions to $0. Will it be the next legal battle?

By Collin Binkley | AP Education Writer

WASHINGtoN the Biden administration calls it a “student loan safety net.” opponents call it a backdoor attempt to make college free. And it could be the next battleground in the legal fight over student loan relief.

Starting this summer, millions of Americans with student loans will be able to enroll in a new repayment plan that offers some of the most lenient terms ever. Interest won’t pile up as long as borrowers make regular payments. Millions of people will have monthly payments reduced to $0. And in as little as 10 years, any remaining debt will be canceled.

It’s known as the SAVE Plan, and although it was announced last year, it has mostly been overshadowed by President Joe Biden’s proposal for mass student loan cancellation. But now, after the Supreme Court struck down Biden’s forgiveness plan, the repayment option is taking center stage.

Since the ruling Biden has proposed an alternate approach to cancel debt and also shifted attention to the lesser-known initiative, calling it “the most affordable repayment plan ever.” The typical borrower who enrolls in the plan will save $1,000 a month, he said. Republicans have fought against the plan, saying it oversteps the president’s authority. Sen. Bill Cassidy, the ranking Republican on the Health, Education, Labor, and Pensions Committee, called it “deeply unfair” to the 87 percent of Americans who don’t have student loans.

The Congressional Budget Office previously estimated over the next decade the plan would cost $230 billion, which would be even higher now that the forgiveness plan has been struck down. Estimates from researchers at the University of Pennsylvania put the cost at up to $361 billion.

Emboldened by the Supreme Court’s decision on cancellation, some opponents say it’s a matter of time before the repayment plan also faces a legal challenge.

Here’s what to know about the SAVE Plan:

What is an income-driven repayment plan?

THE US Education Department offers several plans for repaying fed-