Blog Blog Copyright by en Sun, 22 May 2022 20:27:20 -0400 Investing in Precious Metal: A Guide for Beginners Rare metals with considerable economic worth are known as precious metals. They're valued because they're rare, suitable for commercial processes, or have financial features that make them an excellent store of value. Do you plan to invest in precious metals? This is an excellent method to supplement your income. However, if you are unfamiliar with the market, you may lose your money. In this article, we will look at some of the things you have to consider for a successful investment.

  1. Research your options

One of the most important things you should do is investigate your alternatives. Without completing some due diligence, you won't know if investing in precious metals is a good idea for you. Various companies sell coins and bullion and brokers who can help with transactions over the phone or online. Examine the benefits of each option and compare prices from leading sellers on

  1. Be Free from scams

Many people, however, prey on unwary investors. This is why, when investing in precious metals, you must do everything possible to safeguard yourself. You should never pay money or give out personal information to a company until you have verified that it is legitimate and has no outstanding complaints. As a result, do comprehensive research on the company before working with them.

  1. Monitor the market

Even if you've done your investigation, it's critical to keep up with the latest developments in the precious metals market. You'll be able to make more educated decisions about whether to buy or sell now. Because the market is volatile, you must avoid making rash decisions. You might make a lot of money on your investment if you are patient and wait for the proper time.

  1. Consider your storage

All investors must store their assets correctly. If you opt to purchase actual gold, you will require a safe and secure storage facility. This can either be at home or in a local bank's safe deposit box. If you decide to store your metals with a reliable company, be very keen. The reason is that they may provide different storage choices, and choosing the best might be a challenge. Before making a final decision, inquire about insurance and other security measures.

Which are the best precious metal you can invest with?

Valuable metals in the markets are quite a variety. Below are good examples of the most precious metals you can successfully invest in.


Gold is a very well and readily available precious metal for investment. It's unique because of its corrosive resistance, capacity to shape, and ability to conduct heat and electricity. It is primarily utilized in jewellery and as a kind of currency.


Silver is another most often used precious metal. It's a widely utilized industrial metal in the electronics, photography, and electrical industries.


Platinum can get utilized as an industrial metal, similar to silver. The automobile industry must create catalytic converters, which assist reduce pollutants from car exhaust.

Wrapping up

Investing in precious metals is a critical business you can start. However, the deal requires maximum attention. Before you get to the market, the above guideline is vital to guide you for a successful business.

Uncategorized Editor Wed, 18 May 2022 23:50:20 -0400
Why CFDs Are the Ideal Investment for Novice Traders? Investing in CFDs can be an excellent way for novice traders to get started in the market. CFDs offer many advantages that make them ideal for those new to trading, including low costs, high leverage, and easy access to various markets.

What are CFDs?

CFDs are contracts for difference. They are a derivative, meaning they derive their value from an underlying asset. CFDs are traded on margin; you only need to put down a small deposit to take a position.

How do CFDs work?

When you trade CFDs, you speculate on the price movement of an underlying asset. Depending on your market view, you can choose to buy or sell a CFD. If you think that the market might rise, you can buy a CFD. If you think that the market will fall, you can sell a CFD.

Your profit or loss is calculated by taking the difference between the price you entered the trade and the price you closed the trade. If the underlying asset price has risen, you will make a profit. If the price has fallen, you will make a loss.

What are the benefits of CFDs?

CFDs offer many benefits, making them an attractive investment for many traders.


CFDs offer high levels of leverage. It allows you to control a large amount of money with small capital. It can be beneficial if you are looking to make a quick profit. However, it’s essential to remember that leverage can also work against you, so it is vital to use it wisely.

Access to a variety of markets

CFDs give you easy access to a wide range of markets. You can trade in assets from around the world, which gives you a more incredible opportunity to profit from different economic conditions.

No need to own the underlying asset

You don’t need to own the underlying asset when you trade CFDs. It means that you don’t have to pay for storage or insurance. It also means that you can trade in assets that you wouldn’t otherwise be able to invest.

Trade on margin

They are traded on margin, so you only need to put down a small deposit to take a position. It can be beneficial if you are looking to make a quick profit. However, it is essential to remember that leverage can also work against you, so it is vital to use it wisely.

Short selling

CFDs give you the ability to short sell. You can profit from a fall in the underlying asset price. Short selling could be a risky strategy, but it can be profitable.

Taxed differently from other investments

CFDs are taxed differently from other investments, such as shares. It means that you may be able to benefit from lower tax rates.

Access to expert advice

When you invest in CFDs, you have access to the expertise of a broker or financial advisor. It can be helpful if you are new to trading and need some guidance on trading effectively.

Used by professional traders

CFDs are popular with professional traders. They offer many advantages that make them well-suited to active trading.

Regulated by financial authorities

CFDs are regulated by financial authorities, such as the Financial Conduct Authority (FCA) in the UK. It means that they are subject to strict rules and regulations, which protect investors.

Demo accounts available

Most CFD brokers offer demo accounts. You can try out the platform and practise trading before you risk any of your own money. These accounts are a great way to learn about CFDs without putting your capital at risk.

Wide range of platforms

They are available on a wide range of platforms. It includes online brokers, as well as traditional banks and financial institutions. It allows you to shop around and find the best platform for your needs.

In conclusion

If you’re convinced that CFD trading is your next trading vessel,  visit the company website for more info on how to practice some strategies using a free demo account.

Uncategorized Editor Fri, 13 May 2022 04:27:06 -0400
Real Estate Tips for a First-Time Home Seller Real estate is a very tempting market for first-time home sellers. On the one hand, earning large profits can be quite enticing. On the other hand, it is essential to do your homework before committing yourself to this type of investment. You need to figure out if the market is favorable and what direction it's headed, for starters.

Additionally, you must be well-informed about all involved costs to set a realistic price for your property. When hiring a real estate agent, make sure that they are experienced in selling homes for owners who are new to the process.

In real estate Mallorca, selling your first house might be confusing, but you can maximize your profits with the right tools and preparations. It is always advisable to work with real estate agents for these reasons:

  1. a) They know the market conditions and can help you determine a fair price for your home.
  2. b) They have experience negotiating with buyers and can be an effective advocate on your behalf.
  3. c) They will handle all of the paperwork and other legalities involved in selling a property, allowing you to focus on your move.
  4. d) In most cases, you will only owe the real estate agent a commission if your home is sold.

If you're selling your first home, there are a few things you need to keep in mind to ensure a smooth transaction. Here are some tips:

1) Figure out if the market is favorable

It means looking at comparable sales in your area to see how your home's value stacks up. If your home is overpriced, you may have trouble attracting interested buyers.

2) Do your homework to determine a reasonable price point

As with any investment, it's essential to research and assess what similar properties are selling for. Work with your real estate agent to develop a fair asking price that will help ensure a smooth and profitable transaction.

3) Hire a real estate agent who is experienced in selling homes for first-time sellers

Real estate agents are an invaluable resource for navigating the selling process. Find someone with plenty of experience working with new sellers, as this will give you the confidence and knowledge you need to ensure a successful sale.

4) Be prepared for the costs involved

Some costs are associated with selling a home, from agent commissions to closing costs. Make sure you understand all of the expenses involved, so there are no surprises down the road.

5) Know your motivation for selling

Are you looking to sell quickly or get the most money possible? Having a clear understanding of your goals for sale will help you make informed decisions throughout the process.

6) Be prepared to negotiate

In most cases, buyers will come in with an offer lower than your asking price. Be ready to negotiate and work with your agent to determine a fair price for both parties.

Selling your first home can be a daunting task, but you can ensure a smooth and profitable transaction if you do your homework and work with an experienced agent. Use these tips to get started on the right foot.

Uncategorized Editor Wed, 11 May 2022 10:09:57 -0400
Mandura Property Management: How to Find the Right Property Manager? From the relaxing sandy beaches, fun and exciting attractions to the fabulous restaurants, Mandura is really an interesting place to live in. So, many tenants look for rental properties in the area to live there.

But due to several factors, such as the pricing, many property owners find it difficult to find prospective tenants. Their investment property tends to stay vacant, leaving them with no profit. For this reason, many of them hire property managers to help them with it.

However, there are many prospective property managers that will give you encouraging words but keep your property vacant. So, how do you get the service of a good property manager to make your life less stressful?

If you need property management in Mandurah that will give you the ultimate convenience, keep reading this blog and get useful tips.

Benefits of Hiring a Property Management Company

Because of the property management fees, many property investors avoid hiring professionals. However, an experienced property manager can actually help you experience the following benefits:

Make Your Property Ready for Rental

Handling everything in terms of property maintenance can be really exhausting. You need to make sure that it looks good enough to attract buyers, has no issues, and is completely habitable. But with the help of a property management company, all you need to do is coordinate with them. You no longer need to be there. Yet, you can feel confident that your property is ready for tenancy.

Advertise Your Property Well

No matter how incredible your offer is and how beautiful your property, these things won't matter without potential tenants. All the money and effort you'll give will be wasted if no one knows that you have a vacancy.

Through a dedicated property management department, you can feel assured that your property is advertised well. A professional property manager will know the latest marketing trends and the best tactics that will keep getting you

potential tenants.

Thoroughly Screen Potential Tenants

Your property can get many potential tenants, especially when your property manager markets well. Plus, when your offer is good enough. However, not all tenants are qualified for your set regulations within your property. So, you need to talk to them one by one to screen them. With a property management contract, the property manager can be in charge of doing the screening to save your time.

Handle Tenancy and Property Laws the Right Way

When you own a rental property, it's essential to have a knowledge of tenancy and property laws. It will allow you to handle any disputes and eviction within the property. With a good property management company, you can ensure that these laws are implemented. It would be great, especially because there are tenants who tend not to pay the rent on time.

How to Find the Right Property Manager

Choosing a property manager carefully is crucial. You will be investing money in these services, so you need to make the most out of them by selecting the right company. Here are the tips you can consider:

1.    Look for one with Proven Experience.

Experience is a must if you want to get a high income from your property. You need to choose a company that doesn't only give you promising words but can also provide incredible results. Therefore, only count on a manager who has handled investment properties focused on your type of property and your location.

2.    Ask for a License and Verify it.

If you pay for property management services, it should be on professionals with licenses. So, as for it, include certifications and make sure they are legitimate. If they can't provide the license, then it's best to skip them.

3.    Check the Reviews

Even if the property management company is affordable enough, it won't matter if the customer experience is bad. You can see the feedback through the reviews. Thus, make sure to check them and go for one with less to no negative feedback.

4.    Choose Services with a Reasonable Price

The amount of money you'll pay will be based on several factors, such as how many properties you need to ask them to manage. But still, you should check several prospective property management companies and compare the prices. The best company for your needs at the lowest possible price.

5.    Pick One with Insurance

For your protection, it's best to pick a property management company with insurance. So, ask and confirm that your property manager has it in case of any problems.

The Bottomline

Hiring property managers comes with plenty of benefits that will make property management convenient. But to experience all those benefits, you need to be wise about who you choose.

Therefore, make sure that you only rely on a trustworthy one who can give you a good return on investment. Consider the useful tips that we shared with you today.

Uncategorized Editor Sat, 07 May 2022 05:48:46 -0400
How Has The Furlough Scheme Affected The British Economy? The pandemic has impacted nearly everyone in the UK, so now it’s hopefully time to start coming out the other side of it. Unfortunately, due to the effects of the pandemic, many people lost their jobs as businesses made cuts across the board. Some people were then facing financial difficulty and had to outsource income through means of a short term loan or credit card. However, the government stepped in and put a furlough scheme into place to try and help employees and businesses alike. Keep reading to find out more, and how exactly this scheme has affected the British economy.  

What Is The Furlough Scheme?

As businesses were forced to close during the lockdowns, people were advised to work from home. However, not all jobs can be translated into home working. For instance, baristas and tattoo artists were just two of the job sectors that were now suddenly out of work. To counteract the loss of wages, the government agreed to pay 80% of people’s wages, with a limit of £2,500 per month. This scheme was a way for businesses to close without having to pay out more money than they were bringing in. Towards the end of the scheme, the government percentage contribution was reduced to 60% and employers then had to pay the extra 20%. 

What Impact Did It Have On The Economy?

If you think about how many businesses had to close their doors during the lockdowns, it would be impossible to count. Now imagine if all of them couldn’t re-open due to the loss of earnings and having to spend all their available finance on employee wages. This would have a devasting effect on the economy as thousands of businesses would be forced to close permanently. A lot of these would have also been smaller businesses, which despite their size play a vital role in the economy. Although the businesses that had to close were called “non-essential”, they’re actually vital to keeping the economy going. Their taxes and employment opportunities are irreplaceable, so the furlough scheme was definitely necessary.  

When open, businesses provide employment and financial independence for the general public, which means fewer people will need monetary support from the government. All businesses will pay tax as well, which feeds back into the economy and helps keep it afloat. Without these taxes, the public would have to pay higher taxes in order to maintain the same cash flow being fed into the economy. The furlough scheme helped keep these businesses afloat and helped to prevent high levels of unemployment. This scheme was vital to people’s lives, but it was also crucial to ensuring the economy didn’t crash.   

Now What?

The furlough scheme came to an end on the 30th of September 2021, as people were now free to head back to work and re-open their businesses. The total amount of money spent on this scheme was close to £70 billion, so although it was essential, it isn’t sustainable long-term. As of March 2022, roughly 93% of businesses are now back trading again. If the furlough scheme wasn’t put in place, this number could potentially have been a whole lot lower as more businesses could have collapsed.

Moving into a post-pandemic world, the use of the furlough scheme has hopefully helped enough businesses and stopped them from going under. Ensuring there were businesses still functioning after the lockdowns were essential if the economy was ever to recover. So, while this may have been a large cost at first, it ended up protecting the economy in the long run. As time goes on, we’ll be able to better see the effects of COVID-19 and how the furlough scheme was a lot of people’s, and businesses, saving grace.  

Uncategorized Editor Thu, 05 May 2022 05:00:06 -0400
Retiring and Setting up a Private Pension Are you considering retiring? Are you conscious of your workplace pension plan and believe it will not be sufficient to sustain you after you stop working? In the United Kingdom, there are a range of options to save money and build an income stream after retirement. Besides the State Pension and the Workplace Pension, you may create a private pension to supplement your income. This pension plan may be helpful to you and your retirement depending on your profession and personal situation.

When is the perfect stage to start planning your retirement?

A private pension is a fundamental step toward economic independence. Regardless of what stage of your career you are or your age, it is not too soon to start thinking about retirement. If you want to know more about retirement age, you can also check this page. Do you want to retire sooner rather than later? Are you mindful of how much money you will want on a regular basis if you quit your job? If you reside in the UK and you are considering retirement, please remember that you have the option of considering a private pension. There is no specific moment for it, so start gathering knowledge about pension systems and how to properly prepare for a better economic future now.

Personal pension, what is it?

Personal pensions are similar to workplace pensions, with the exception that it is going to be you the person that sets them up. We are talking about a savings account that you have control over. You have the choice of making monthly regular contributions or a unique payment that will act as the basis for your future income. Even if you think that is not the appropriate time to begin planning, the sooner you begin collecting information and formulating a plan, the better prepared you would be. You will have a greater comprehension and a much higher chance of enjoying a more pleasant lifestyle when you stop working if you investigate it.

Why would you consider a personal pension?

A personal pension is indeed a means to set aside money for retirement. This option allows you to supplement your working pension and secure your economic future. The sum you will get is mostly based on these factors:

  • the quantity you have collected up to that point
  • the profits on your pension scheme's assets
  • the age at which you retire.

If you are unemployed or self-employed, you will need a personal pension because you will not be eligible for a workplace pension. However, you should always consider that opening a personal pension involves investing your money, so you should we aware of the market’s volatility and the possibility to get less of what you’ve allocated in, since your income will depend on how your investments will perform.

Creating a personal pension on your own

Nowadays, there is greater flexibility and a larger choice of possibilities accessible now than in earlier decades. You can set up your personal pension by yourself with the help of an insurance company, a financial institution or a unit trust. You'll start to add to your plan while it's in place, creating a savings account that might be providing you with a regular income after you stop working. However, if you are unsure about how to make a proper plan, you may consider to ask the help of a professional advisor who will guide you in your investment journey.

Uncategorized Editor Tue, 26 Apr 2022 03:52:36 -0400
A Guide to Buying Coastal Furniture on the Gold Coast Furniture is an essential part of any home. When it comes to coastal furniture, there's no better place to shop than on the Gold Coast. With a wide selection of furniture stores that offer everything from traditional to contemporary styles, you'll find the perfect pieces for your home. Plus, you'll be able to enjoy your new beach furniture all year round.

So, whether you're looking for a new couch, dining set, or bedroom suite, be sure to check out what the Gold Coast has to offer. Read these tips for buying coastal furniture on the Gold Coast, along with some coastal design principles to remember before you visit a shop. That way, you can purchase pieces that will transform your house into a serene seaside retreat.

3 Beach Furniture Buying Tips

1. Coastal is different from nautical.

The difference between coastal and nautical is the type of water they represent. Coastal designs are generally more colourful vibrant in design while still maintaining that traditional feel.

Moreover, the coastal design style is all about capturing that summer feeling. You'll find natural light shining through windows, soft colours on walls, and furniture covered with breezy fabrics mixed in layers of blue-tinged white. It's not just an exterior phenomenon, either. The interior aesthetic also relies heavily upon several features. These include earth tones, crisp whites, loose linen upholstery, layered blues, and jute textures.

2. White is key.

The coastal trend can be seen as a more minimalistic take on design. A white, crisp, and clean palette works well for those looking towards the natural beauty of beaches without all potential pollution. The neutral colors will allow light through so your space feels even airier too.

Note that you don't have to limit yourself in the design process. Though you'll still want your colors soft, you can accent with neutral colors. For instance, choose beige or khaki alongside light blues for an elegant Andean feel. Bright coral paired up alongside sky blue is also perfect for coastal flair reminiscent of coastlines.

3. You should opt for slip-covered furniture.

Casual, comfortable, and easy-to-live-with coastal furniture are all about balance. Natural materials are common, but too much can feel matchy-matchy.

To add some dimension without going overboard, go for covered sofas in light cotton. This will help you achieve an authentic look and maintain an airy feel.

The right combination will make your home feel inviting while still being stylishly modern.

3 Coastal Design Principles to Consider

When it comes to coastal design, the Gold Coast has some of the best furniture stores in Australia. Here are some of the principles you must consider when buying from a reputable coastal furniture store.

1. There should be plenty of light.

The essence of a coastal home is light. It needs to be abundant, bright, and airy with large inviting windows that offer expansive views while never feeling cramped or dimmed out.

The feeling of being inside a coastal home should be inviting and open. There should be no boundary between indoors and outdoors. Large windows with glass doors or skylights will help accomplish this goal. It will also make your interior designs more beautiful.

Minimal window treatments are critical. They won't compete against all those gorgeous natural light sources coming in from outside.

2. The coastal design incorporates natural elements.

Coastal design is all about making the most natural materials to create an inviting, easy vibe. This comes through in furniture like wicker and rattan as well as fabrics. Simple designs with no shine or metallics are common. It's more important that it feels organic rather than appears futuristic. 

The natural elements that define this type of design are everywhere, from wicker furniture and fabrics to rugs made out of Seagrass or Jute. Though wood can often be found here, too-it's whitewashed most likely. Your guests must feel at home. Most importantly, they should not worry about dirtying anything nearby with dirt carried over from outside.

3. Creating open spaces is encouraged.

The right design aesthetic can make your home feel like it's alive with colour and life. If you want to create a coastal design, one way to do this is through an open floor plan living space. This design idea prioritises light to not clutter anything else up while still creating the feeling that everything flows together beautifully around you.

The feeling you want to achieve in your home should be one where everything just flows. If there are items on the floor or furniture taking up space, it deters from this open-concept feel. Eliminate them for more minimalist vibes. Remove unnecessary pieces of furniture so there would be fewer distractions.

Looking to buy unique furniture and bespoke pieces that will make your home look like a beach cottage? Check out stores offering unique pieces and handcrafted items. So, whether you're searching for a new bed, dining tables, coffee tables, or any homewares with clean lines, you'll be able to find what you're looking for at one of these stores. Take your time, and don't forget to compare prices before making a purchase. Enjoy your shopping!

Uncategorized Editor Tue, 29 Mar 2022 04:06:46 -0400
What to Know About Buying an Investment Property

Many of the richest people in the world got to their level of finances through real estate. Buying and selling or buying and renting. Either way can give you a sizable income, especially today when the prices have soared through the roof. But, as with all investments, there are some risks as well. Before you begin looking for an investment property there are a few things that you should know, which is why we are both here today.

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  • Location: When buying an investment property, you must be able to purchase in an area that has a need. If you buy a house in a small city that has no jobs, you may very well end up with a second permanent house. Purchasing in a suburb that is booming, or acquiring an apartment building next to the college, would be a much better option. Get into a location that is booming, not one that is drowning.
  • The 1% Rule: In the world of real estate investments the 1% rule is a golden rule that everyone follows. If you are not familiar with what this means it is actually a simple concept to grasp. The rule states that you need to have a return of 1% of the money that you have put into the investment home, including the costs of purchasing and any repairs that needed to be done. If you cannot get this return, move on to a different piece of property.
  • Down Payment: When you are buying a primary residential house your down payment can be as small as 3% of the asking price of the location. On the other hand, when you are trying to get a loan for a place that will be an investment property, the lenders will ask for 15% or more before they will offer a loan. You will need to have a plan on how you can come up with the cash that you will need to put down before you even attempt to get a piece of investment property.
  • Lenders: Since we are talking about down payments and loans you need to understand one more important thing. Not all lenders are equal and not all loans are created with your best interests in mind. What is a refinance loan without good terms and great rates? You need to use a comparison site to compare the lenders that you have available to use and find the one that offers you the best terms on the amount of money that you are needing.
  • Expenses: Having an investment property does not end with the purchase. If you are planning to use it as a rental, you will have upkeep costs. Since you are the owner of the place you will be responsible for all the repairs that need done. If you are planning on flipping the property you will need to put some money into improvements so you can get a good return on your investment. Either way, though, you will have taxes to pay on it, insurance policies to keep in effect, and utilities while it is empty.
  • Property Manager: Most all rentals are managed by some type of property management company today. You will need to seriously consider this route if you are doing rentals because it will put all the tasks on them to complete, all you will have to do is authorize them and fork over the cash that it takes to complete any repairs or replacements.

As you can see there is more to buying an investment property than what first meets the eye. It is not an endeavor that you can jump into and have some guaranteed profits within a short time. In fact, if you do not approach it correctly it could leave you broke and mortgaging your house to get out of the debt that it can cause.

You need to know what you are getting into when you move forward with your plans, and always prepare for the worst. That way, when it all works out great it will be because of the hard work and deduction that you have put into the investment.

Uncategorized Editor Mon, 28 Mar 2022 23:39:34 -0400
Why You Should Consider New Construction Loans Construction loans can make the debt more accessible for those that need it. New construction loans are a form of lending created to finance the construction or renovation of buildings and other structures. Many lenders focus on these lending products, and they typically offer financing options with longer loan terms than traditional mortgages. These lenders can be found nationwide in most areas, so there is no need to find one nearby. With borrowers looking for better ways to fund their projects, borrowing from a construction lender might be an option worth exploring more seriously.

New Construction Loans are also more flexible than other types of loans and can be used to pay for any combination of the following:

- Construction (not including architecture)

- Landscaping (not including plants)

- Roofing & Siding

- Add-ons & Kitchen Renovations.

How do New Construction Loans work?

Construction loans are made in two or more specific phases with a particular amount of money. The primary purpose of these loans is to provide the borrower with enough money to complete the project. These phases are as follows:

Initial Construction Phase: This is typically the first phase of construction. It can be used to fund all costs required to start a project, including design and engineering work, as well as labor and materials. Funds are typically given out over time, and the amount given out can fluctuate.

Pre-Construction Phase: This is known as construction financing or "pre-construction." This step is used to provide the borrower with money before construction begins. This includes design and engineering work, as well as labor and materials. This phase can be used to pay for the cost of construction projects, which may be applied to additional stages if construction costs are not fully covered by initial funds given out.

Construction Phase: This is what is known as "construction." This is when real work occurs on a project, and any funds given out during the pre-construction phase are applied towards paying off the project. This can be a time-consuming process and take a long time to complete.

Post Construction Phase: Everything has been completed, and all construction has ceased. This can include additional costs, such as landscaping, but only if needed for another use of the property or structure.

Who can obtain a New Construction Loan?

There are a variety of investors, developers, and businesses that can use construction loans. These individuals can use the money to make their projects more appealing to potential customers and improve their current business. New construction loans are available to private business owners and anyone who needs to borrow money for their personal needs.

These loans are helpful for anybody trying to make a project happen. From individuals looking for funding for their projects to businesses in need of funds to renovate their office space, new construction loans can be used in many different ways.            

Uncategorized Editor Wed, 23 Mar 2022 02:52:09 -0400
The Benefits of Working With Private Rental Lenders When you're looking for a rental house or apartment, lenders often require a certain kind of landlord insurance policy before they will feel comfortable giving you a rental loan. That's because there are special risks associated with rental properties that don't exist in other kinds of homeownership situations.

The Benefits of Working with a Rental Lender

Renting can be a great way to get investment property without breaking the bank. As a result, a growing number of businesses and individuals are renting property rather than buying.

As more people rent things instead of buying them, rental loans play an increasingly important role in the economy. More than ever before, people rely on rental loans to get what they need but finding a good lender can be hard.

What You Need to Apply for Rental Loans

If you're looking to apply for a rental loan, you've come to the right place. Applying easy and fast. All you need is:

  1. A photo of your passport
  2. Your driver's license
  3. A paycheck stub from the past month
  4. A bill from the past month
  5. An application form

Repaying the Loan and Keeping Your Home

Renting your property through a loan can feel like a stressful experience. You don't have the security of owning the property outright, and you may worry that the lender could take it away if you miss a payment. But renting homes doesn't have to be so scary. Did you know that most lenders want to help you keep your home? They don't want to evict you because they want to work with you to find solutions so you can stay in your home.

By working together and keeping an open mind, you and your lender can often develop a solution that meets both of your needs.

Uncategorized Editor Wed, 09 Mar 2022 03:05:44 -0500
Top ways to invest $1,000.00 dollars In 2022 more than ever there are countless options when it comes to investment opportunities. Due to the wide amount of options available, now more than ever the concept of "investing" can be quite daunting.

In this post, I will go over some smart ways of investing the nominal sum of $1,000.00 dollars.

What Should I Know First?

The first thing to make sure of is that your current situation is taken care of. By this I mean, make sure all your current financial needs are taken care of before you decide on an investment strategy.

The last thing you want to do is spend the only $1,000.00 dollars you have available in your bank account.

A great strategy is to always have at least 3 to 6 months of savings ready to take care of your bills in addition to any amount you want to start investing. With that said, let's look at the next step.

Long Term Investments or Short Terms Investments?

Long Term Investments are investments where you plan to invest your money and leave it there for more than a year.

Examples of these types of investments can be real estate, mutual funds, or Annuities.

For Real Estate long-term investment, a popular strategy is something called REITs, or Real Estate Investment Trusts.

REITs are companies that control real estate properties across specific locations. Click here for a list of possible REITs where money could be invested.

Let's look at Annuities next. Annuities are financial products that pay you back every month for simply not touching the investment amount.

If you choose to withdraw the investment amount you will need to pay fees on that withdrawal. Click here for a list of best annuities as of 2022.

Short Terms Investments are defined as investments where you can quickly withdraw the amount you put into them.

Some short-term investment examples are High-yield savings accounts and Short-term U.S. government bond funds.

High-yield savings accounts are special savings accounts that normally pay up to 25 times the national average when compared to the regular savings account you would find at your local bank.

Click here for a list of great options when it comes to High-yield savings accounts.

Short-term U.S. government bond funds are backed by the government and terms of investment can be up to 5 years.

So you invest your money into a "government bank account" and that money is then used by the government in whatever they want to invest it in with the condition they pay back a predetermined interest rate(normally 1% to 2%)

The minimum investment amount for these is, you guessed it, $1,000.o0 dollars and are generally sold in $5k increments.

How To Choose Between Long Term or Short Term investments?

The answer here is both. Do proper research for each of the possible vehicles mentioned above and if possible, have what is called a diversified portfolio.

A diversified portfolio happens when you have your money invested into long-term and short-term investment vehicles.

A key rule that will make the difference between success and failure when investing long or short term is consistency.

Make sure that whatever investment vehicle you use for your $1,000.00 is something you will stick with based on the life of the investment vehicle. You don't want to change your mind every day or every week.

This does not mean don't pay attention to how your investment is performing but, do know that most types of investments require time and patience, even if it's short term. This brings me to my last point.

Become Very Familiar With KPIs For Both Your Short Term And Long Term Investments

Key questions to ask:

  • How much cash does this investment require to get into it?
  • How long has it been since I invested?
  • Since I invested, have I seen any growth margin on the initial investment amount? ask this question every month.
  • Based on the answers to the above questions, does it make sense to stay in this investment or cash out?

If you keep asking the above questions of all your investments, it will keep you informed in not only the investment's performance but will open your mind up to new investments that might be added to, or replaced with your current investment.

About The Author:

Pablo Espinal is a father, online marketer, and web designer based out of the Brooklyn NY area. You can see more of what he does here:
Uncategorized Editor Fri, 25 Feb 2022 23:13:22 -0500
Ways to Invest in Real Estate Real estate is a term that refers to land and its structures, such as buildings. Real estate investors purchase property with the intention of renting it out or selling it for profit. Reasons for buying property include:

Investment: Build equity in a property and/or use rental income to build wealth

Cash flow: Have the property generate income through rent to cover expenses and provide a return on investment

Appreciation: Gain increases in value due to local or national market fluctuations

Tax benefits: Buy property as an investment vehicle for tax write-offs, depreciation, etc.

Everyone has likely heard of investing in real estate, whether it be through rental property or a new development, but have you ever considered buying an apartment complex? Or maybe land to develop a shopping center or office building?

Investing in real estate is a great way to build wealth and diversify your portfolio. Whether you are looking at commercial, industrial, or residential real estate, there are multiple ways to invest in it and different types of structures that can be built. Here is a list of some of the most common structures when investing in real estate:

  • Apartment complexes
  • Office buildings
  • Shopping centers and malls
  • Hotels and resorts
  • Land and recreational properties
  • Industrial sites

While each type of real estate has several different ways to invest in it, there are also many things to consider before making an investment. For example, what kind of return will you receive on your investment? How long will it take for the property to pay you back? What are the tax implications? Will you need to apply for a mortgage?

Before trying to invest in real estate, it would be wise to do some research and consider the following:

  • How much money do you have available for investment purposes? Depending on how much money you have, you can allocate a certain percentage towards real estate. If you only have a small amount of capital that is looking for a good return, you may want to look at investing in a small commercial property.

  • What is the market like where you live? What types of properties are in demand and what does that mean for your investment? You can look into local housing reports or search for statistics on interest rates and employment numbers in your area.

  • How long do you plan to hold on to the property? You can get a higher return on your investment if you hold on to the property for several years. If you are looking to make a quick profit, other types of real estate may be more appropriate.

  • What are the costs involved? When investing in real estate, there are many associated costs that need to be considered. For example, if you are looking to invest in an apartment complex, then there will be management fees, utilities, and property taxes that all need to be paid.

There is no denying that investing in real estate is a great way to grow your wealth over the long term. Whether your goal is to build rental properties or develop commercial sites, there are many different types of structures to choose from and each structure has its own way of investing. After doing some research on your investment goals, the market, and costs, you will better be able to look into which type of real estate is right for you. Furthermore, you will be able to determine the best way to invest in real estate for your unique situation.

If you’re brand new to real estate investing and not sure where to start, you’ll want to work with a local real estate agent, who can help you identify good investment opportunities in your area.

Uncategorized Editor Wed, 16 Feb 2022 09:19:04 -0500
Understanding 1031 Exchange The real estate industry offers many different ways to make money. One of the most lucrative is by trading your property for another one. You can become a real estate investor and trade properties to maximize your earnings. However, there are tax implications when you do this, which may limit your returns. Most people know that if they sell their property, it's up to them to pay tax on the capital gains.

However, when you swap your property for another one, it's treated differently. The Internal Revenue Service (IRS) doesn't consider it a sale, so you won't have to pay capital gains tax. You can defer taxes utilizing a 1031 exchange or like-kind exchange, according to the IRS's website. A 1031 exchange is allowed once every year, and it has to be completed within 180 days after the sale of your property.

Reasons why you may want a 1031 exchange

There are several reasons why you may want to do an exchange like this. For example, if you're swapping your property for another one that is in a better area, there's the potential for higher returns. If you simply sell your property, you will need to pay tax on the capital gains and most likely reinvest that money into something new anyway.

Secondly, by trading properties through an exchange like this, you can defer paying any taxes until after 180 days. This means you don't have to take extra steps when making investments with the money or invest it at all if you choose not to. You can keep the profits from selling your old home with no tax obligations at all, which is far more lucrative than selling it normally and paying taxes on every cent of profit you make. Therefore, an exchange like this can net you a lot more money from your properties.

Do I qualify for a 1031 exchange?

You may wonder if you qualify for a 1031 properties exchange or whether there are any restrictions or limitations on this type of transaction. The truth is that every taxpayer is entitled to do an exchange like this, but certain conditions need to be met to make sure it's allowed. For example, the IRS says that the second property needs to be held as an investment and not used by yourself or anyone else for residential purposes. Also, the funds cannot come from anywhere other than another real estate sale, so it's essential that you sell your property first before buying another one with those tax-free profits. Therefore, you must only trade your property for another one that is similar in value.

Other conditions have to be followed, so it's important to read up on them before you do an exchange. As long as you meet all the criteria, then you can complete a 1031 exchange with relative ease using the right companies for this process. Just remember to ensure that you have a plan in place before actually going ahead with it.

Uncategorized Editor Fri, 11 Feb 2022 08:23:56 -0500
Best Investment Choices in 2022 Investing can give you an additional source of income and, if done well, it can fund your retirement. Investing can help grow your wealth and help you achieve your financial goals. Knowing what to invest in is a challenge since a mistake can cost you all your hard-earned money. That’s because there are a lot of risks associated with investing.

There are different ways you can invest, and you need to identify the ones that can yield returns. If you are wondering where to invest in 2022, this post is for you:


If you are interested in stocks, you can look for those that will give you a dividend. Dividends are a portion of the company's profit that is paid annually. You can earn from your investment in the long term with dividend stocks.

You can also look for value stocks that come at a bargain. Value stocks can also give a dividend, and they do better when rates increase. Value stocks are considered a long-term investment as you need 3 to 5 years to get a good income from it.

This option is ideal for investors who have some experience. You can go to to select the best stock forex brokers that you can sign up with trade safely. If you do not have any experience, you are better off getting a broker.

Short-Term CDs / Certificates Of Deposit

You can get Certificates of Deposit from banks, and they have a higher interest rate compared to savings accounts. If you expect the rates to increase, you can get short-term CDs and earnings once they mature.

You have to wait until they mature before you can get your money back. If you want to withdraw before the maturity date, you will have to pay a penalty. The maturity date varies from a few weeks and months to years.

It is a safe investment option and is ideal for those who don’t need to use their money immediately and want to earn from it. Rates are expected to rise in 2022, making CDs a viable investment option.

Government Bonds

Government Bonds are a good investment choice if you are looking for something that has low risks. You can look for short-term bonds if you want cash flow. You earn from them if rates increase. As the government backs them, they are a secure option that almost always generates returns.


Cryptocurrencies have had a tough start in 2022 as most traders sold their currencies. This led to a sharp decline in the price of cryptos. However, the prices are expected to increase in the course of the year. The low prices make it ideal for you to purchase and hold as you wait for the prices to increase.

Cryptocurrencies are a good investment for daring investors. This is because there is no regulation, and it is highly volatile.

Real Estate

Real estate is a great investment choice for 2022. If you are thinking of investing in real estate, you can consider getting rental property and managing it yourself. If you have the patience to answer calls at 3 in the morning and have good management skills, you can earn from your property. Mortgage rates are low, making it the best time to buy properties. People always need a place to live, and if you preserve the property well, you can get a good income from your tenants.

This is a good investment option for those who do not mind waiting before they get returns.

What To Consider Before Investing

While you decide what you want to invest in, you need to consider increasing your chances of getting returns.

  • Risk tolerance is how much you can take regarding market fluctuations. If you are a conservative investor, consider those with low risks and more security. You might want to start with CDs and other short-term investments. If you are strong-willed, you can make long-term investments.
  • The investment you make is determined by when you need the money. If you need the money soon, you can look for short-term investments. If you are patient, you can look for long-term investments like dividend stocks. The first rule of investing is not to use the money for your basic needs.
  • Knowledge: You need to make knowledgeable choices when it comes to investments. If you are unsure, ask around before you put your money in. know the pros, cons, and risks associated with each choice so you can make an informed decision.
Uncategorized Editor Thu, 10 Feb 2022 09:37:02 -0500
Top 5 Tips to Wisely Invest and Thrive in Real Estate Industry If you have ever dealt with landlords before, you probably don’t have the dream of becoming one. Fielding calls about overflowing toilets and oversize bugs don’t look like a glamorous job.

But if done well, investing in real estate is lucrative, if not flashy. It might help diversify the existing investment portfolio and serve as an additional income stream. Plus, most of the best investments don’t need to show up at the tenant’s back and call.

However, the only issue is that most beginners and inexperienced investors don’t know how to invest in real estate properties wisely. If you are also in the latter group, the following are some of the tips, which can help you invest wisely:

1.     Consider 1031 Exchange

Many real estate investors ask if they can do a 1031 DST exchange into another property, like REIT.

The simple answer is – yes. While a complex process is involved between REIT and your property, this option offers great benefits, including capital gain taxes.

2.     Understand the Risk and Basics

It is worth mentioning that before you start any investment venture, especially one like buying an investment property, you must be clued on the basics.

You need to know how accurately what you are about to get into in terms of the risks. Like any venture, properties come with some risks. So it is vital to get prepared for this.

3.     Make the Timing Perfect and Choose Your Market

For successful investments in real estate, it is vital to know more about the local market than what is happening countrywide.

Your purchases and their success will be dictated mostly by some factors at work in the specific real estate market. To be a successful real estate investor, you need to avoid hot markets.

Some investors here can brag about the rising rates or appreciation of properties, but you risk making an investment in the top market and losing cash.

4.     Work with a Qualified Realtor

Unless you have a real estate license, it would be in your best interest to work with a realtor who has enough experience with purchasing houses.

They may help every fix-and-flip investor time their sale and purchase, find perfect buyers, and put properties on the listing.

They can as well help buy-and-hold investors choose the right properties to invest in, look for renters, and guide them when it comes to landlord-tenant laws.

5.     Set Investment Goals

Every successful investor understands the significance of setting investment goals and how they can help achieve their target.

But how many beginners follow their investment goals to the last?

The greatest issue here for many investors is that, although setting goals is vital, only a few make those objectives practical to be attained in the future.

Long-term goals are important, but it can help if you consider breaking them into several short-term steps, which can eventually enable you to hit a long-term target.

The Bottom Line!

There are several ways to invest in real estate, including buying single-family rental homes, purchasing REIT shares, and putting cash into crowdfunds.

As with other investments, it is vital to analyze potential rewards and risks before you invest in any kind of real estate.

Uncategorized Editor Fri, 21 Jan 2022 23:59:52 -0500
How to correctly value your business for sale You're prepared to sell your company or you want to start a business after you've sold your previous company and utilize the earnings to fund your retirement or future endeavors. There are several methods for determining the market worth of your company. You may wish to know the worth of your company for a variety of reasons. . A valuation is a representation of your company's entire worth. You'll use a method to determine the worth of your company, taking into consideration its assets, profits, industry, and any debts or losses. As an entrepreneur, you've most likely invested a substantial amount of time, money, and sweat equity into starting and expanding your company. ROI is a proportion of your initial investment that measures how much value or additional money you have made – your return or net profit after paying all of your company expenditures (taxes, rent, wages, etc.). The fundamental ROI formula is as follows:

ROI (%) = (Return/Original Investment) x 100%

  • Add up the worth of your assets. Add up the worth of all the company's assets, including all equipment and inventory. Eliminate any obligations or debts. The value of a company's financial sheet is at least a beginning point for estimating its worth. Nonetheless, the company is likely to be valued far more than its net assets. How many sales and profits can you anticipate?
  • It should be based on revenue. How much money does the company make each year? Calculate this and, using a stockbroker or a business broker, establish how much a typical firm in your sector may be valued for a specific amount of sales. For instance, it may be around two times sales.
  • Make use of earnings multiples. A more meaningful metric is most likely a multiple of the company's earnings, sometimes known as the price-to-earnings (P/E) ratio. Estimate the company's earnings for the following several years.
  • Perform a discounted cash flow analysis. The discounted cash-flow analysis is a sophisticated method that takes the current year's cash flow and projects it into the future, then discounts the value of the future cash flow to today using a "net present value" computation. An online NPV calculator is simple to discover and use.
  • Extend your search beyond financial formulas. Don't only rely on numbers to determine the worth of a company. Consider the worth of your company depending on its location. In addition, if there are business synergies, examine its potential strategic worth to a potential buyer.


Consequently, what may be termed a positive ROI must be evaluated against risk. In general, when an individual takes on significant risk by purchasing a firm, the prospective ROI should be larger to compensate for the comparatively high amount of risk assumed by the new owner. Purchasing higher-risk assets that might yield you more money may also lose value over time due to volatility. A new buyer of your company must be OK with the trade-off between your existing ROI and the threat of ownership. So next time before measuring the correct value of the business for sale, make sure you've read the aforesaid points.

Uncategorized Editor Mon, 25 Oct 2021 03:23:54 -0400
Do you want help from another trader? Learning is good but total dependence on a mentor is very dangerous. It creates chaos and ruins carriers. If you are dependent on somebody, it will not benefit you. You will fail in trading because trading styles differ from trader to trader. Moreover, one trader's interest may be disturbing to another. It is common to have dissimilarity among traders. Without this quality, there would not be a 90% success rate in Forex. So, only traders with accurate knowledge find success in this profession. And traders who are consistent with their rules and strategies archive goals beyond expectation. But those who try to find a shortcut to success experience a devastating career. If you look for trading plans from others, your experience would be similar. You will lose every bit of your capital in trading.

You can avoid unfortunate circumstances with proper awareness. But first, you must develop a strong trading plan. It requires appropriate trading knowledge, clear concepts of trading strategy, and knowledge of market analysis. Without the necessary items, your trading career finishes before starting. So, bear with us and learn proper trading techniques. Most importantly, forget about other traders and their plans.

Trading plans are inevitable

A particular trading plan is not suitable for any trader for his whole career. At some point, he must change or improve to deal with the market movement. Stay consistent yet adaptive to the price changes. Moreover, precautions must change along with the price movement. Thus, you will have better control over the stop-loss. This technique must be applied to take profit as well. Due to the high volatility of Forex markets, a winning trade can face unpredictable swings at any time. And it can be devastating for that trade. If you set a take-profit, it will save your profits. Otherwise, you will lose capital even from a good signal.

Simple tools like stop-loss and take-profit are very hard to master as they require time. Looking at another trader's plans will not teach you to implement them. You cannot secure the positions like that. Instead, take time in the demo trading to master every step. Then join the actual markets and start making profits. So, if you consider yourself prepared to deal with the real market, click here to contact with the high end brokers Saxo. They will allow you to set up a perfect trading environment.

Do not borrow risk management plans

It is forbidden in the trading world to borrow other trader's plans. Still, many novices try to find shortcuts with their business borrowing techniques from others. It only causes chaos to a trader because he does not understand how to implement the plans. Without knowing the steps of trading, you will be helpless in this industry. Risk management is one of the crucial steps of trading. You can never imagine a successive career in Forex without risk management.

So, a trader must learn to manage risks for his trades. If he opts for someone else's plan instead, losses will be huge. Two traders might follow the same trading strategy. They can aim for the same profit margins too. Their signals can be the same but, outcomes from the trades will be different. Do not be a trader who borrows other's risk management plans. Instead, make your own to be consistent with your business.

Learn about the techniques only

Borrowing trading plans is uncertain for every trader. When a trader uses new techniques for his trades, he knows very little about the system. A novice trader increases the vulnerability even more. It causes uncertain outcomes as you barely use any precautions. Moreover, your executions are half-baked with premade trading plans.

You can learn how to use a particular tool for the trades. Otherwise, it is appropriate to develop your trading technique from scratch. Then, your plan will contain the necessary fundamentals to secure a position. Same time, you will be managing risks properly with simple lots. Trades will get stop-losses and take-profits. You will have control of everything. With a strong trading plan like that, you can ensure a profitable trading career. Moreover, your capital will be safe with big profits.

Uncategorized Editor Mon, 13 Sep 2021 06:47:51 -0400
4 Investments You Didn’t Think of But Could Work Today Many people opt for trading as the best option to increase their financial worth, while others prefer to invest. With investments (financial vehicles), you are liable to benefit from economical situations like inflation, an increase in the value of assets, distributions, and so on. You might be sleeping (not working), but your money will be working and making more money for you. If you’re unsure of what to invest in, then this article is for you. We’ll be revealing four investments that you probably didn’t think would work today. But before then, let’s re-freshen our memory on financial vehicles.

What are financial vehicles?

A financial/market/investment vehicle is any type of investment that allows you to put money into assets and other financial entities. In other words, investment vehicles are more like assets offered by large investment companies or industries directed at helping investors in moving their money from the present day to the future. This is all aimed at the potential increase in the value of the investor’s money. 

When the word “investment” is mentioned, the common things that come to most people’s minds are buying a company’s stocks, bonds, funds, and so on. While all of these popular financial vehicles are great means of investment, there are others that you might not have even considered up till today.


This market first came up in 2009 when bitcoin was launched. However, it wasn’t till last few years that the market became a viable one. The cryptocurrency market is a very good place to invest one’s money. The major advantage here or basically what should be taken advantage of is the increase in the monetary value of some/most of these crypto coins. All that you need to do is to research a coin with a good history, that has achieved some sort of stability, i.e. people won’t just wake up one day and dump the coin. Some of the investments you can make in the cryptocurrency market include:

  1. Investing in cryptocurrencies

Investing in cryptocurrencies means purchasing a coin or different kinds of coins and holding it until the value increases. You can then sell off or even keep for a longer duration for anticipated future increase in value. Holding coin(s) can be long term or short term depending on your investment plans.

  1. Lending crypto assets

This is also a good form of investment as you will not only be gaining from interest but also gain when the value of the coin being loaned/borrowed increases. This is because the amount of cryptocurrency coin loaned is bound to be re-payed.

  1. One last way to invest in crypto is through funding cryptocurrency-linked investments. With this, you are sure to expect yearly returns which will be in the form of a crypto coin (which can also increase in value with time).

Real Estate

Investing in real estate involves purchasing, owning, managing, renting, and/or selling real estate to make a profit. Real estate refers to land and all the buildings on it including resources both natural or man-made, movable or immovable. Owning real estate is like owning a piece of land and having all other assets on the land as properties.

Investing in real estate starts by purchasing the estate after which you can do anything you want. Assets on real estate like land (together with all of its resources) and houses will generally appreciate with time. This means that, as all of these things increase in value, so does your money increase too. 

But not everyone will have enough money to purchase real estate, right? Therefore, a need for real estate financing vehicles. You can invest any amount of your choice in them with an assurance that you’ll get your money increased. The type of vehicle you invest in fully depends on the kind of real estate investment you want to make.

Fine Art

Artworks today are very expensive and sales have increased continuously over the last few years. Some years earlier, artworks/fine arts are known to be an investment for extremely wealthy people. But with art financial vehicles (companies that invest and keep artworks for anticipated future rise in their value), you can now invest in art with the little you have. 

The only issue with this kind of investment is that it might take up to years before artworks can be sold. So, if you are not really into a long-term investment, then this might not be suitable for you.

Retirement Accounts

This can be regarded as one of the best investments you can ever make, it is more or less like having an already set retirement plan for yourself backed up with the money. Investing in a retirement financial vehicle guarantees your after-job good life. It ensures that you are left with something to hold on to regardless of how good or how bad your work-life experience is/ends. There are many retirement vehicles available, and it is advisable to contribute to as many of them as you can for your retirement money to accumulate into something significant.

While investing in any of the above, remember to also invest in yourself, as this is very important. Financial vehicles go in and out of style as time goes on, the only thing that will not change is the knowledge and skills you have acquired or invested in yourself over the years. You can achieve this through getting a degree in a higher institution of learning, self-learning/education, orientations, seminars, and so on.

The Canadian Stock Market

This point is an extra tip for people interested in the stock market. The Canadian stock market is an investment stock exchange market-based in Canada. If you are an investor, you should endeavor to invest in this Canadian market as Canada has a huge economy including a stable monetary policy and offers many Canadian stocks with high dividend yield. Asides from this, the P/E ratio of the Canadian stock market is 38.12 which is very high and much better, compared to the normal average P/E ratio of 13 to 15.

Final thoughts 

While there are many financial vehicles to invest in (some offering long-term investments, others short-term), it is not advisable to invest your whole money in them all at once. Although these vehicles offer exciting investment opportunities and rewards, each one comes with its risks. This doesn’t mean you shouldn’t consider investing your money (as that would be a very bad mistake). What these only mean is that you should consider and be fully aware of the risk(s) associated with any financial vehicle you want to invest in, and the best ways to manage those risks.

Uncategorized Editor Tue, 27 Jul 2021 23:40:16 -0400
How the Financial Services Industry Became Like a Slaughterhouse The following is adapted from FOOLISH.

I remember being on a road trip with my family when I was around 12 years old. We were all getting hungry, but we were in the middle of nowhere. Eventually, we came across this stand-alone taqueria, and my brother and I begged my mom to pull over. We walked in, and it felt like an oasis. It smelled amazing. 

I ran to the bathroom, and on my way out, I saw these cardboard boxes in the hallway that said, “Ground Beef. U.S. Canner.” I walked back out to the table, wondering what that meant. When my mom explained that canner beef is the cheap stuff, one notch above dog food, I wondered what had happened to my appetite. You’ll never see a restaurant promote the fact that they use canned meat. That’s because some things in life simply shouldn’t be for sale.

In the brokerage business, one thing that should never be for sale is the relationship between the broker and the client. But that is precisely what gets sliced up and monetized by the brokerage firms, even while they use the term “advisor” when referring to their brokers. Considering that trust is the ultimate measure of success in a relationship, it’s amazing what the brokerage firms are willing to sell that compromises that trust.

Too often, brokerage firms imply they’ll be your trusted advocates, when in reality, that couldn’t be further from the truth. But forewarned is forearmed, as the saying goes. I want you to be able to protect yourself from unscrupulous brokers who monetize your sacred trust; to that end, let’s take a look at exactly how the financial services industry became a slaughterhouse, and what you can do to protect yourself.

Who Protects the Investors?

If brokerage firms can’t always be trusted to do right by their clients, who looks out for the clients? Well, the Securities and Exchange Commission (SEC). The SEC is responsible for protecting investors. 

Its job is not to ensure profitability but to make sure investors are not getting ripped off or defrauded. When individual investors are in harm’s way, the SEC is trusted to step in and make things right. And yet, ideas on how best to do that have changed over time, as the regulations reflect.

Prior to the Great Depression, the stock market experienced unprecedented gains, so much so that even the banks wanted in on the action. Banks used their customer deposits to invest in the market, more speculatively than wisely, and participated in investment banking operations (such as initial public offerings and mergers and acquisitions). 

The sudden downturn in the stock market was devastating for banks, which at that time couldn’t allow customer withdrawals. The downfall of the banks wiped out the savings of the population and led to years of suffering for the American people. In the aftermath, Congress enacted the Glass-Steagall Act, which mandated the separation of commercial banking (checking and savings accounts, consumer loans) from investment banking, requiring banks to follow strict safety protocols with their holdings. 

The following years established a fresh reputation for banking: banks were again highly regarded and highly regulated, and for many years largely unchanged. Banks existed to provide families and businesses an opportunity to earn a steady return in their savings accounts and to take out loans for their borrowing needs. 

A Rise in Investing

As the economic policy of the ’70s and ’80s saw wild fluctuation in inflation and interest rates, investing in the stock market became increasingly popular. A sense of competition between banks and brokerage firms arose, and as a result, banks were motivated to come up with new products and new ways of doing things.

What was the solution? Ultimately, banks, brokerage firms, and insurance companies (the three prongs of financial services) started buying each other or merging.

In 1998, Smith Barney, Travelers Insurance, and Citicorp announced a merger into Citigroup. At the time, this move violated the Glass-Steagall Act, since this would again allow the threat of banks becoming “too big to fail” (when banks become so large and interconnected that their failure would be too catastrophic to allow). 

Yet, Congress had conveniently softened up to the idea of allowing bigger financial firms to merge in mega-industry conglomerates and the time was ripe for repeal. The Glass-Steagall Act was replaced with the passage of the Gramm-Leach-Bliley Act, which helped lay the groundwork for the financial crisis of 2008. 

Welcome to the Slaughterhouse

For big banks with oodles of FDIC-insured and leveraged cash, the repeal of the Glass-Steagall Act meant all bets were off. They set up performance bonus pools, essentially setting the dogs loose to sniff out extra profits. They also tried to mass-produce their client relationships and maximize the value in-between those lines, and they sure weren’t wanting to let anything fall through the cracks. 

It sounds a bit like a slaughterhouse to me. At a slaughterhouse, there are systems designed to capture every little thing that could be usable after parts for human consumption are taken out. You name it, they use it. 

Skin trimmings, hair, bones, and hooves are made into products for animal feed. Fat is rendered into tallow, which is used as a lubricant in steel rolling, and is oftentimes an ingredient in makeup and soap. Blood is in fertilizer. Feathers? You might find them in dog food and farm feed, too. The slaughterhouse makes money on the scraps, and frankly, they have a natural responsibility to do so.

So What’s the Problem?

The thing is, the people running the slaughterhouse never said they represented the interests of the animal. Not so on Wall Street. On Wall Street, your broker uses terms like “wealth management,” or “advisor,” or “practically fiduciary,” which leads you to expect a certain amount of allegiance. 

Additionally, they have an incentive to maximize the embedded costs in the system, especially when they own all the layers of that system. Do you think they will refer you to a low-cost insurance policy when they own the one with higher costs and “better” commissions? Unless they’re registered as a “fiduciary,” they have no legal obligation to do so, and they won’t. 

Your relationship with your “advisor” shouldn’t be monetized the same way as Beefmaster cattle. Yet it is. 

What Can You Do?

So, is there a way to protect yourself? In short, yes. Make sure any financial advisor you work with accepts full fiduciary responsibility in your relationship. Ask them directly if they’re willing to do so. If they say no, you should probably keep looking. If they say yes, ask them to put it in writing on company letterhead. Again, if they balk, walk away.

When it comes to your hard-earned money, you deserve to work with someone who has chosen to be held to the highest standard and will advise you according to your best interest, not theirs.

For more advice on how to find a trustworthy financial advisor, you can find FOOLISH on Amazon.

Gil Baumgarten, one of the nation’s top financial advisors, is the Founder and President of Segment Wealth Management, an RIA financial advisory firm. Since its inception in 2010, Segment Wealth Management has grown to a top-ten firm in Houston, as recognized by the Houston Business Journal, with over a billion dollars in client assets under advisement. Gil is also a nine-time recipient of the Top 1,200 Financial Advisors distinction and has been ranked among the thirty-five best advisors in Texas by Barron’s. Distinctions aside, Gil’s affinity for precision and detail reveals itself in his daily life as well. He is an avid outdoorsman, award-winning woodworker, and attentive family man, friend, and colleague.

Uncategorized Editor Wed, 07 Jul 2021 23:13:44 -0400
Security Tips Every Online Trader Should Know

Online trading has become the new way of investing. It is a much more convenient option than visiting your broker in person. But with convenience comes risk. Online trading platforms are rife with security threats, and some traders can be naive about the dangers of having their personal information compromised. Here are six things you should know to keep yourself safe while trading online.

Why Online Trading Is so Popular

Online trading is popular for a number of reasons. One of the main reasons is because of convenience. You can trade from anywhere, and you don't have to visit your broker in person. Secondly, online trading is safe- not only are your funds protected by the Financial Services Compensation Scheme, but you also don't have to worry about your broker going out of business and not returning your money to you.

Thirdly, there's lots of choice. You can trade on many different platforms, so it doesn't matter if you prefer one over another. And finally- trading online allows for some tremendous savings opportunities. There are often higher commission rates associated with traditional brokerage firms than with online brokers and discount brokerages. Trading online could save you hundreds of dollars a year in commissions alone.

The Risks of Online Trading

The biggest risk with online trading is the security of your personal information. You have to be careful about hackers when you trade online because they are constantly trying to steal data from websites. One way hackers do this is by sending malware links in a phishing email or posting it on social media. When you click on the link, malware is then installed without your knowledge, which gives the hacker access to your computer and personal information like usernames and passwords. In order to stay safe when trading online, make sure you're using anti-virus software on your computer and avoid clicking on strange links.

Another risk of trading online is forgetting that you've logged into a website while being logged into another account. This can lead to identity theft if someone else has access to your account and uses it to trade on your behalf. To avoid this issue, make sure you log out of each website you visit before logging into another one.

Another way hackers get personal information is by accessing their database through a back door or hacking their computers.

How to Trade Safely and Securely

Below are some tips to increase your online security when trading online:

1. Keep your antivirus software up-to-date

Antivirus software programs are designed to prevent and remove malicious computer viruses. It is recommended that you update your antivirus with the latest virus definitions because new forms of malware continue to emerge on a regular basis. Allowing outdated protection could put you at risk for identity theft, credit card fraud, or other potential threats.

2. Don't click on any emails with attachments that look suspicious.

Email attachments are the primary way viruses and malware enter your system. You can reduce the chances of being infected by opening email attachments only if you know who sent it, or when you're expecting a file from someone with whom there is an existing business relationship.

3. Use strong passwords for each site you log in

Use longer passwords: more than 8 characters. Do not use personal information like your name, phone number, address etc. Mix up letters and numbers in the password to make it harder for hackers. Also, don't use the same passwords for multiple websites.

4. Use VPN to increase online security

A VPN is a private network that creates an encrypted connection between your device and the internet. VPN can be used for different purposes, for example, using a China VPN to bypass censorship in China and using a Japan VPN to access Japanese TV shows from other countries. VPN can also help you with online security. With a VPN, you can prevent anyone from hacking into your personal data or accessing sensitive information when using public networks.

5. Use an external hard drive

If you're really concerned about security when trading online, use an external hard drive as an offline storage device for important documents like tax returns or investment statements.


Online trading is a great way to make money in the comfort of your own home. But it’s not without its risks. In this post, we’ve shared some important tips for trading securely and how to avoid the most common mistakes. After reading this post, you will have a better understanding of how to trade safely and securely.

Uncategorized Editor Fri, 02 Jul 2021 03:01:23 -0400