Archive for the ‘Finance’ Category
Income Protection Insurance is essential for all working individuals, particularly those with a family and especially those with debt (such as a mortgage). Choosing the right insurance provider is a task that can feel particularly overwhelming. However, you shouldn’t despair as there are easy ways to compare Income Protection Insurance policies.
Firstly it’s important to understand what Income Protection Insurance is so that you can accurately compare the policies on offer. Income Protection Insurance covers you in the event that you cannot work due to sickness or injury. Therefore, if you are not able to effectively carry out your employment or you are unable to run your own business, your Income Protection Insurance payments will kick in to compensate for your lost salary. Thus ensuring you have money to pay your mortgage, buy food for your family and cover your bills. It is usually paid at a rate of up to 75% of your regular income and is paid fortnightly or monthly rather than as a lump sum. Read the rest of this entry »
Your portfolio is about risk tolerance.
We all want to make money when we invest. We start out investing as long term investors and think we can ride out the crazy stock market. Sometimes we think we are more aggressive risk takers than we actually are. We are prepared to take risk and make big money. But when the ship hits the fan and we are down serious money, some of us get white knuckles, cash out and sell.
Remember 2008? It stunk up the point. Big time. At one point in 2008, stocks were down almost 50% from their highs. Many investors had their risk tolerance tested and took money out of stocks when the Dow was at 8000-10000. As I write this the Dow is at $12,542. Read the rest of this entry »
Due to the stiff competition in the financial sector, some financial companies have been involved in financial impropriety. Many unsuspecting clients have endured the most of this by losing some of their money. The losses are partly blamed on their ignorance as well. To avoid falling victim to such eventualities, it would serve you well to understand one of the most often misunderstood concepts. A cash pension is a relatively undervalued concept that can be equally rewarding if utilized appropriately.
Some financial companies offer you the capacity to cash in on your pension. By taking early pension, you can make huge investments and remain safe. You do not have to take a loan of great magnitude when you have pension frozen until you attain the age of 55. You can opt for cash pension and make good use of your money while you are still physically able. Read the rest of this entry »
For traders to succeed in Forex, they have to develop certain skills and enrich their experience to become confident, decisive, and successful in the long run. While a big percentage of traders do not reach the success they are looking for in Forex, which does not mean they should give up so easily. Here are some helpful hints on how traders can avoid common errors, and make sure they enjoy the experience of earning a good sum of money by trading.
Beginners must save enough money before they engage in trading. If you are serious about Forex trading, you must be serious about the money you are willing to invest. Trading with a very small capital is not ideal. Problems can be felt a lot more if you do not have enough financial cushioning. You will feel when the market starts to drop and instead of maximizing your earnings, you only earn small since you invest small. According to experts, at least $1000 is ideal for a beginner. That is enough money for them to stand on solid ground when it comes to Forex. Read the rest of this entry »
A block trade is a privately negotiated transaction that meets or exceeds a predetermined minimum exchange threshold volume of shares outside the open markets. Aside from penny stocks, a typical block trade is either stock worth $10,000 shares or bonds worth $200,000; although in some cases a block trade can be much larger number between trading parties.
Since 2010, it has been more difficult to transact a large trade order of stock. This is due to a combination of marketing conditions, which include rapid fluctuations of the price of stock over short time frames, low volumes, and the world credit crisis. Therefore, some consider the traditional style of trading to be on the verge of extinction since most lit and dark venues don’t make it practical or available to use. Furthermore, young investors from large firms would prefer to engage in high frequency electronic trading in order to close a deal at a much lower rate to make a large profit in milliseconds instead of having to depend on the advice of a broker before they submit their orders. Read the rest of this entry »
Financial experts and analysts all point to an impending financial crisis by 2013. While most experts want us to realize that this event is indeed coming and we cannot avoid its outcome, some are quite concerned what will actually happen to regular folks like you and me. How do regular people prepare in surviving the financial crisis when 2013 is just several days away? There is still hope; you can survive any crisis when you keep this checklist in mind:
1. Reduce your debt – whenever you have debt, someone else controls your financial future: the lending company, the bank or a finance company actually have their hands around your neck. As early as today, you need to plan on important ways to stop accumulating more debt as well as plans to reduce your current debt. Overpay mortgages monthly and you will find an extra couple of months off your debt or how about consolidating your loans so you can take care of paying them in a more efficient manner. By consolidating all your loans in one due date you will decrease the risk of missing your payments. You may also use automatic debit from your bank account so you will never have to worry about missed payments in the future. Read the rest of this entry »
After a difficult few years, the outlook for the UK’s mortgage industry is positive, according to a group of large mortgage lenders. A panel of mortgage lenders assembled at the Mortgage Business Expo in London last week and discussed the prospects for the country’s mortgage sector. And, in general terms, the view is that the high value mortgage market is heading in the right direction.
We look at the prospects for 2013 and why more and more people are turning to a national or London mortgage broker for their large mortgage. Read the rest of this entry »
New figures have revealed that the number of first time buyers in London has reached its highest level in three years. Data from the Council of Mortgage Lenders shows that more people got onto the property ladder in the capital between July and September 2012 than at any time in the previous twelve quarters.
A leading London mortgage advisor has called London a ‘first time buyer hotspot’, citing the capital’s lower average loan to value as one of the reasons more people are buying in the area. Keep reading to learn more.
28 per cent of all the UK’s first time buyers are in London Read the rest of this entry »
According to a study a couple of years ago, the unregulated spot Forex transactions had been estimated at around $3 trillion. The spot Forex market is highly unregulated and since it is over the counter, there are no promises of accountability, and the issues pertaining to Forex scams rise by the second. The spot Forex market is appealing like an oasis promising shade and clear water in the middle of a barren dessert. The enticements are probable, till you see the clear picture. In the last few years, popular types of scams in the foreign exchange had been stopped but then again, this is an unregulated market, and new scams are bound to happen.
For modern traders, identifying warning signals is the best way to avoid scams. According to experts, signal sellers are scams. They may be individuals, asset managers or firms that trade under the pretense of professional references promising riches to those they want to snare. They tell their victims about their experience and how this person or that person can attest to them on how they were able to make them rich. Once they get the trust and money of the poor trader, they go missing. It is sad because there are many signal sellers who are actually offering real, pertinent and effective service. Read the rest of this entry »
A profitable and effective F&I department is often elusive – yet, for most dealerships, it is a critical profit center which contributes dramatically to the overall success and competitive position of the dealership. Why so elusive? The simple answer – - many managers and dealers don’t have an understanding of the key ingredients or they don’t know how to organize, manage, and measure the performance of those ingredients. So let’s remind ourselves of what these key ingredients are:
1. The Right F&I professional – - having the right person is step one. The right person can be experienced or new to the business – - but they must have the correct personality profile, be coach-able, detail oriented, and able to manage the department efficiently. Read the rest of this entry »