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Mastering My Debt - Eliminate Debt or Invest


WEBWIRE

Mastering My Debt, a provider of web-based debt elimination programs has announced the formation of a new “Eliminate Debt of Invest” calculator that will enable the public to make informed decisions before investing in the current market.

Mastering My Debt’s president, Amir Rubin, commented: “Since the second half of 2008, the world has been presented with unfathomable financial challenges. Companies are falling apart, thousands of people are being laid-off, home foreclosures are at an all time high and if you have escaped all of the above, your invested retirement savings account has been reduced by nearly half. If we were to look at the bright side though, and you may need a pair of binoculars, the fallout of the stock market presents a tremendous investing opportunity.

Current statistics indicate that Bank of America (BofA) shares have a 52 week price range of between 3.77 and 43.60 dollars and are presently trading just a notch under 6. We have all learned that Bank of America is “too big to fail”. Therefore, it is reasonable to assume that it will weather this crisis by securing government support. 6 dollars seems like a bargain right? We will leave it to the experts to determine if it is or its not but historically speaking it seems cheap. If you have money on the sidelines, do you buy a few hundred shares of BofA or other companies that appear to be ripe for the buying, or is it still a good idea to first pay off your debt?

At Mastering My Debt, we are biased; we believe that it is best to rid yourself from the burdens of interest bearing credit cards, car payments and home mortgage loans. Therefore, in order to help users decide if paying off their mortgages makes more sense than investing or vice versa, Mastering My Debt has introduced a calculator that enables a direct comparison between the two scenarios. www.masteringmydebt.com/site/EliminateDebtorInvest.php

Mastering My Debt is not implying that the shares of Bank of America are a terrific buy or shares of any other company for that matter. On the contrary, we encourage users to eliminate debt as quickly as possible as the sure way to financial freedom.”

www.MasteringMyDebt.com provides an array of free financial services. The tools provided on Mastering My Debt are not to be used instead of a financial advisor but are a proven enhancement providing clarification and knowledge. Many professional counselors purchase identical programs, customize the financial information, and provide them as part of their consultation. By obtaining a free debt elimination report from Mastering My Debt, one can frequently tailor a roadmap to financial freedom.

Since it was founded in 2007, Mastering My Debt has provided financial programs, calculators, articles and news through the profitable selling of advertising. Financial tools are utilized by industries such as mortgage, automotive, real estate and financial services. There is no need to sign up for a service or provide a credit card number or other specific financial information.



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