Tuesday, April 24, 2012

Benefits to Pawnshop Shopping


World Famous Gold & Silver Pawn Shop, a family operated business.

Being a pawnbroker means to be a lender, a banker of sorts. Pawnbroking is the oldest form of consumer credit. Pawnbrokers extend cash loans secured by merchandise which is pledged. The borrower has a fixed amount of time to come back and repay the loan and redeem their pledge, or their merchandise is forfeited and sold.

As the jobless rate inches up and the economic recovery sputters, investors looking for a few good stocks may want to follow the money -- or rather the TV, the beloved Fender guitar, the baubles from grandma, the wedding ring.
Profits at pawn shop operator Ezcorp Inc. have jumped by an average 46 percent annually for five years. The stock has doubled from a year ago, to about $38. And the Wall Street pros who analyze the company think it will go higher yet. All seven of them are telling investors to buy the Austin, Texas, company.

Gems N' Loans


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1 comment:

  1. Thanks, I’ve seen your blog before during my, all of the ex-pats are linked together, which is really cool. Thanks for the mention and I put your link up here too.
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    ReplyDelete