Archive for the ‘Dennis Hammond’ Category

  • Things Heating Up!

    Well the market is beginning to heat up. There is plenty of debt on the market for sale. As we discussed on the October 1st show, credit card volume was up to more than $100 billion in losses. We mentioned other consumer products doubled that amount.

    There have been some very large debt sales of consumer services in recent months that include wireless telecommunication,utilities (gas, electricity and water) and others. The good news is prices are the lowest they have been since the early 1990’s.

    Yes, the economy is slow and unemployment is up, but remember the pricing is based on the expected returns in today’s economic conditions. When the economy starts to recover, the returns that are projected over a 3 year time line will begin to climb, exceeding the expected return.

    I believe there is a window of opportunity. How long that window remains open is still in question, however I do not believe it will remain open beyond the first quarter of 2009.

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    2009.10.08 / no responses / Category: Author, Dennis Hammond, The Stock Market

  • Welcome to my Debt Buyers’ blog.

    I am looking forward to having a lot of fun while providing insight and knowledge to those who are interested in this unique and rewarding market.  I am sure you will find the blog valuable and informative.  So let the blogging begin!

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    2009.09.08 / 4 responses / Category: Author, Dennis Hammond, Uncategorized