InvestWithPassion.com: Blog InvestWithPassion.com: Blog https://www.investwithpassion.com/blog/ Copyright by InvestWithPassion.com en InvestWithPassion.com Sat, 01 Oct 2022 14:55:49 -0400 Blink Charging Looks Well-Positioned for Long-Term Growth Rapid growth in electric vehicles

Blink Charging owns, operates, and provides Electric Vehicle (EV) charging equipment and networked EV charging services in the U.S. and international markets. It offers both residential and commercial EV charging equipment and services.

The demand for EVs continues to rise across the world, driven by governments’ initiatives to reduce emissions. According to a report by the International Energy Agency, just 120,000 electric cars were sold worldwide in the year 2012. This number is less than the average number of electric cars sold every week in 2021. Clearly, the use of EVs is growing rapidly. The number of EVs on road at the end of 2021 was nearly triple that at the end of 2018. A study by McKinsey published in April, 2022 predicts that the U.S. will have 48 million EVs on road by 2030.

With the growth in EV numbers, one can expect growing need of EV charging stations and infrastructure in future. This bodes well for EV charging companies like Blink Charging.

Phenomenal revenue growth

Blink Charging (BLNK) has seen strong growth in its revenue over the past 3 years. Total revenue has increased from $2.7 million in 2019 to $20.9 million in 2021, showing a CAGR growth of 175%. Blink’s main revenue contributor is product sales. Product sales for 2021 stood at $15.4 million as against $0.8 million in 2019, showing a CAGR growth of 325%. Cost of product sales for 2021 stood at $11.67 million as against $0.96 million in 2019, showing a CAGR growth of 248%. Thus, the revenue from product sold has grown more than cost of product sales. This perhaps indicates that the company can exhibit economies of scale going forward.

Additionally, the management believes that the recent addition of SemaConnect will help it reduce the costs by 30%. Loss from operations for 2021 widened to reach $55.6 million in 2021 as against $10.4 million in 2019.

Blink Charging’s phenomenal growth continued in the latest quarter, when the company’s revenue grew 164% year over year.

Why loss-making EV sector is a potential long-term winner?

Most companies in the EV space are incurring operating losses currently. Yet, they have the potential to become profit machines as EV adoption grows. This is because EV charging industry is still in its nascent stage.

Needless to say, a well-functioning EV charging infrastructure is a pre-requisite for rapid EV adoption. EV charging companies are innovating constantly to provide just that, profitably. The companies are adopting different models (owning the stations vs. just operating them), entering partnerships with property owners, OEMs, and so on.

At the same time, several smaller players are constantly innovating to make EV charging accessible while trying to make the business model profitable. As an example, PowerHero has developed an innovative adapter called Cameo that makes any home charger a networked one. PowerHero holds four patents for this product, and five more are pending. The company believes that making over a million home chargers in the U.S. available for public use can effectively transform the EV charging industry. Importantly, the Cameo makes the chargers reservable, so you always know if the charger is available and not be surprised to find it’s being used or not working. Seen as the Airbnb (ABNB) of the EV charging space, this idea has the potential to speed up EV adoption drastically.

Overall, the EV charging space is rapidly evolving. Companies like Blink Charging will likely get an early mover advantage over others in the long run.

Recent acquisitions will accelerate Blink’s growth potential

SemaConnect acquisition brings the total number of Blink’s chargers up to 48,000 chargers. This acquisition will significantly expand Blink’s footprint. Moreover, it provides the company with a vertically integrated manufacturing capability in the U.S. SemaConnect has a large portfolio of technology and intellectual property. This includes level 3 DC fast chargers, which will help Blink grow in the fast-charging DC space. A PwC report states that time-starved consumers will likely pay a premium for speed. Thus, having a fast-charging option is beneficial for company in the long run.

Additionally, Blink’s chargers were not manufactured in the U.S. With the acquisition of SemaConnect, Blink also got hold of its manufacturing facility in Maryland. This now makes Blink Charging complaint with the Buy American mandate, which allows it to tap into the $7.5 billion committed by the government for EV infrastructure.

In April 2022, the company acquired EB Charging in the UK. This gave Blink an access to the UK and Ireland markets. It added nearly 1,200 chargers to the Blink’s global footprint. In May 2021, the company acquired Blue Corner in Continental Europe. Management further stated in the latest earnings call that EB Charging has a unique business model for the owner operated business. In the U.K, the company is able to get 80% of the CapEx covered by government entities. The U.K. government has an ambition to increase the number of chargers 10-fold to 300,000 by the end of this decade. Additionally, the government has committed GBP 1.6 billion to develop EV infrastructure.  Thus, the company is well poised to grow with minimum CapEx burden in the U.K.

Competition

The EV charging market is highly competitive. Blink’s competitors include ChargePoint (CHPT) and EVgo (EVGO). ChargePoint manufactures EV charging equipment and operates charging network. EVgo is primarily focused on fast charging.

A key operational strength of Blink Charging is its long-term contracts - often exclusive - with property owners. But Blink’s most crucial differentiator is that it owns a large percentage of its charging stations. Such an ownership gives Blink Charging greater control over the settings and pricing for its EV charging services.

A solid long-term buy

The electric vehicles market is still in its early stage of growth. With the growing number of EVs, the world will need more charging points and companies like Blink Charging should enjoy an early mover benefit. Additionally, Blink is focused on growing fast, including through acquisitions. With SemaConnect acquisition, Blink Charging has not only significantly expanded its footprint, but also made itself eligible for the government grant money that requires manufacturing in the U.S. In all, Blink Charging looks well-placed to grow in the long-term.

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Innovations Happening in the Electric Vehicle Charging Space The need for a robust charging infrastructure

Electric vehicles are speedily replacing ICE (internal combustion engine) vehicles. According to a report by the International Energy Agency, just 120,000 electric cars were sold worldwide in the year 2012. This number is less than the average number of electric cars sold every week in 2021.

At the end of 2021, there were about 16.5 million electric cars on the world’s roads, three times the number in 2018. Still, electric cars constitute less than 2% of an estimated more than 1.4 billion cars in use globally. Despite strong year-over-year growth, it’ll take several years for ICE cars to be replaced by electric ones.

A key factor restricting the growth of electric vehicles is the availability of robust charging infrastructure. Governments globally recognize this, and that’s why they are allocating billions of dollars for developing public charging infrastructure. In the U.S., President Biden has set an audacious target of making half of all new vehicle sales in 2030 to be electric. Further, the bipartisan infrastructure bill provides for $7.5 billion investment in EV charging infrastructure.

There are more than 100,000 publicly accessible EV chargers in the U.S. However, this number pales when compared to China. The number of public EV chargers in China is roughly eight times that in the U.S. Bloomberg New Energy Finance recently stated that there will be a need of between 340 million to 450 million EV chargers by 2040.

Leading EV charging companies are trying to fill the gap

EV charging companies including ChargePoint (NYSE: CHPT), Blink Charging (NASDAQ: BLNK), EVgo (NASDAQ: EVGO), and Volta (NYSE: VLTA) are constantly innovating to make EV chargers more accessible. They are using different models (owner/operator/hybrid), are targeting different segments and markets (fleets/ commercial properties/ universities/ employers/ and so on), and are exploring different revenue options (advertising).

Despite all the efforts, the companies are still not profitable. But that isn’t necessarily a big concern. The companies are focused on gaining market share and expanding footprint. As EVs grow, these companies should benefit immensely from their investments today.

Other actors are playing their part too

The innovations in the EV charging space aren’t limited to big players. PowerHero has made an adapter that gets attached to any home charger to make it a networked charger. The homeowner can then make its charger available for use to other drivers, for a fee. Like Airbnb (NASDAQ: ABNB), this concept can revolutionize the EV charging landscape by making over a million home chargers available for public use. This can potentially speed up EV adoption drastically. PowerHero’s Peer-to-Peer economy-sharing platform can solve the problem of limited public charging capacity.

A lot to look forward to

In all, existence of a robust charging infrastructure is a prerequisite for widespread EV adoption. Companies operating in this segment are finding it difficult to make money just be selling electricity. The key lies in collaborations with commercial property owners, employers, and so on, who offer EV charging as a perk. Fleet operators are also expecting increased pressure to go electric, and form another key customer segment.

Ad revenue, platforms like PlugShare, and efforts to make home chargers networked are some other avenues which companies are (or can potentially) monetizing.

Finally, we are also seeing lots of consolidation in the segment. EVgo recently acquired PlugShare, an app to locate EV charging stations, and review them. Blink Charging is also focused on acquisitions to fuel growth. Recently, it acquired SemaConnect, which significantly expands its EV charging footprint. The EV charging space should see further consolidation in the coming years. Overall, we expect exciting times ahead for EV enthusiasts and investors.

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Uncategorized https://www.investwithpassion.com/blog/innovations-happening-in-the-electric-vehicle-charging-space/ https://www.investwithpassion.com/blog/innovations-happening-in-the-electric-vehicle-charging-space/ Editor Wed, 14 Sep 2022 06:19:54 -0400
The Shift to a Contactless World With contactless payment technology, your clients can complete their transactions without ever having to physically swipe, dip, or hand a credit card over when using your point of sale (POS) terminal.

This article explains different ways you can use contactless payments at your business, and also covers some of the key benefits that this payment technology offers – both for clients and for merchants.

How to use contactless payments

Contactless payments rely on a shortwave radio technology, known as near field communication (NFC), to establish a wireless connection between a client’s credit card or mobile phone and a merchant’s POS device. NFC is similar to Bluetooth, but it only works across very short distances.

Once contactless payments are enabled, your clients simply wave or tap their NFC-enabled payment device over your POS terminal to initiate a transaction – whether that payment device is a:

  • Credit card
  • Debit card
  • Smartphone
  • Tablet
  • Wearable device

Most modern POS terminals come equipped with NFC capabilities – along with standard support for magstripe and chip cards. As such, you may be able to start accepting contactless payments without making substantial hardware upgrades. Even if your current terminal doesn’t support the technology, many smartphones and tablets can be converted into portable POS devices that can pair with inexpensive NFC-enabled mobile card readers.

What are the advantages of using contactless payments?

Contactless payments offer several benefits for clients and merchants alike.

  • At a time when many Americans have concerns about handling cash, contactless payments represent a convenient option. In fact, clients can ditch their wallets entirely if they have their credit, debit, or gift cards stored in mobile wallets on NFC-enabled smartphones or wearable devices like smartwatches or fitness trackers.
  • Similar to QR code menus in restaurants, contactless payments help to promote a more health-conscious environment, which is increasingly important in a world where people are a lot more concerned about touching communal things.
  • Contactless payments are up to 10 times faster than other payment options, which can help lead to shorter lines, higher overall satisfaction among your clients, and more sales per hour.

Conclusion

Contactless card payments are expected to grow by 800% from 2020 to 2024, and this staggering number doesn’t even include contactless payments made through mobile devices, wearables, and other fintech innovations.

For many businesses, this growth is reason enough to begin offering contactless payment options to their clients. In fact, there’s a good chance that most of your clientele already uses some type of contactless payment technology for personal or other business-related purchases.

If you’re looking for additional reasons to offer contactless payments, download the free infographic below. It covers some of the driving forces behind contactless payment’s growing popularity across many different industries.

Infographic created by Clover, a POS system provider

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Questions to Ask Companies that Buy Annuities Selling your annuity can be very challenging, especially if it's your first time. Depending on the reasons for selling your annuity, you need to be sure to get a the best offer possible from a reputable structured settlement company. However, most people fail to research the vital steps they should take to sell annuity payment. When selling your annuity, evaluate  Companies That Buy Annuities to ensure you get the best deals. You will also need to have a series of questions to ensure you make the right choice of a company to sell your annuity to. This article will outline a few of the vital questions you should ask companies that buy annuities.

  1. What alternatives do I have to sell my Annuity?

Everyone should ask this question as they review their options, which is crucial. It is vital to ask for the alternatives available from a trusted financial and tax advisor with experience. They may have other ideas they’ve seen successfully used that are better options to handle whatever situation you’ve found yourself in. Selling your future structured settlement annuity payments is a significant decision.

  1. Can I sell just a portion of my Annuity, or will I have to sell all of it?

Selling annuity amounts depends primarily on your reason for selling and the required amount. Selling all your annuity will help provide you with the maximum lump sum amount at once. However, if the need requires you to spend a lesser amount, such as a down payment on a house or paying off an unexpected debt, you can choose to sell just a portion of your annuity. A partial annuity payment allows you to sell your just some of your future structured settlement payments allowing you to receive periodic payments again down the road. For example, if you have 20 future payments from your annuity, you might decide to sell the next 4 of them, and when the timeframe for your 5th payment comes the payments will kick back in.

  1. How much money can I get?

You must ask this question when evaluating your potential annuity buyer company. Knowing what the company is offering will help you decide if you will proceed with the sale or not. Many aspects affect the lump sum you will receive. These factors include when you are scheduled to receive your annuity payment, the value of the payment, interest rates along with other factors as well. Also of course, the payment you receive will depend on how much of your future payments you decide to sell. The more the payments, the higher the lump sum you receive. Don't forget to evaluate different companies to ensure you get the best deal.

  1. How long will it take for me to get my payments?

You should ensure you question to know when you can expect to receive your payment if the transaction is approved by the courts. This is vital for your planning and the need you want to solve.

  1. Must I face the Judge?

When selling a structured settlement, you will have to face a judge and explain why you need to sell your annuity. The Judge helps to protect your wellbeing as best as possible and to ensure you are selling your annuity for a valid reason.

To conclude

These questions are a few of the vital ones to help you understand the deal. Always ask any question you think of or terms you don't understand. You want to be sure you are completely comfortable with the deal and the factoring company you are working with.

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Uncategorized https://www.investwithpassion.com/blog/questions-to-ask-companies-that-buy-annuities/ https://www.investwithpassion.com/blog/questions-to-ask-companies-that-buy-annuities/ Editor Wed, 24 Aug 2022 10:01:02 -0400
Is a Lump Sum or Structured Settlement Better If you file a personal injury suit in court requesting compensation and the court rules in your favor, the other party is obliged to settle per the terms of the court agreement. The payment can be paid in a few ways, including either a lump sum or a structured settlement. The pros and cons of each should determine how you would like to be paid. Below are the pros and cons of both structured settlement and lump sum.

Structured settlement

This is a settlement where the money is paid in instalments for an agreed period, maybe years or months. The parties come to an agreement and the money is paid out almost always by way of an annuity set up with an insurance company. It is usually used for larger settlements.

Advantages

A structured settlement is almost always tax-free. Some structured settlement companies may charge different fees dependent on the arrangements of the agreement.

It encourages money management, saving, and spending adequately since one will receive a small amount of money after an agreed period. It also helps avoid making poor investment decisions.

A structured settlement allows a steady flow of income since one is sure they will receive the agreed upon sum of money on time. Depending on the agreed payment period, one can plan their spending to coincide with the time of payment.

Disadvantages

The plaintiff will not be able to access the entire value of their settlement if any unexpected expenses or investment opportunities arise.

You are locked into the payment schedule as agreed upon at the time of the settlement. The only way to access the value of your settlement is to sell the future payments to one of the structured settlement companies.

Lump sum settlement

This type of settlement is where the beneficiary receives the total settlement pay-out all at once. It is usually used for minimal or moderate compensation situations.

Advantages

A lump sum settlement gives you the freedom to control where and how a certain amount of money should be used. You can manage your investments and cater to unexpected expenses easily, unlike in structured settlements, where you have to wait for some time to get your cash.

It can potentially benefit critically injured beneficiaries who require enough funds to cater to their costly treatment and medical bills which could vary over time depending on how their health fluctuates. Their recommended treatments and living accommodations could change over time requiring access to a larger sum of money than initially thought at the time of the settlement occurring.

The beneficiary could also see nice financial growth if the money is invested in things that see nice value gains.

Disadvantages

Receiving a lump sum of money, especially for people used to handling a small amount, can lead to mismanagement and spending the money on unnecessary things.

Investing a large sum of money all at once has the potential to be a good thing, should the investments go in a positive direction. Still, it can lead to significant losses if the investment goes unexpectedly, unlike in structured settlement where you would only be able to invest a smaller amount based on your annuity payment schedule and decide to reinvest depending on the initial investment results.

Both structured settlements and lump sums can be beneficial depending on your situation. If you are locked into a structured settlement and find yourself in need of a larger lump sum you can always attempt to sell your future payments to a structured settlement company which would require court approval.

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Uncategorized https://www.investwithpassion.com/blog/is-a-lump-sum-or-structured-settlement-better/ https://www.investwithpassion.com/blog/is-a-lump-sum-or-structured-settlement-better/ Editor Wed, 17 Aug 2022 00:11:47 -0400
7 Ways Your Business Can Take Advantage of Cryptocurrency Cryptocurrency has been around since 2009, and this tech innovation's growing popularity is undeniable. Around 2017, cryptocurrency cemented itself as the future of finance, fundamentally changing the way cash works and how we transact with each other.

Cryptocurrency is shaking up the business scene. While many don't know what it is, some have already implemented this new currency in their company. If you have heard of cryptocurrency but have not utilized it, perhaps it's time to learn how it can help your business.

7 Ways Your Business Can Take Advantage of Cryptocurrency

1. Increase brand exposure

If you're looking for more brand exposure or letting others know about your product or service, cryptocurrency may be an excellent avenue to explore with little cost. This puts your website on the map and drives traffic to it, further increasing your exposure.

You may even see increased sales after integrating this technology into your business strategy. It can also help expand your customer base by reaching out to new demographics unaware of your brand. You get to include audiences worldwide, especially those who can't use traditional payment methods due to the lack of access in their regions.

2. Provide an efficient payment method

One of the most significant benefits of payments through bitcoin is it lets your business make transactions faster than with traditional methods like credit cards. Credit card payments can take anywhere from 24 hours to several days before being posted as received by the merchant. This may even depend on where you are and the location of the person you're transacting with.

Cryptocurrency payment methods use encryption techniques to control the generation of currency units and verify the transfer of funds. This all operates independently of a central bank. Your transactions are processed instantly without any intermediary between you and your customer.

3. Protect consumer privacy

Privacy concerns have increased dramatically over the last few years, especially regarding online purchases. When you use a credit card or make an online payment via fund transfers, you risk putting your personal information up for grabs for malicious companies who want to sell them without your consent.

With cryptocurrency, you won't have to worry about this risk since all transactions are encrypted and recorded on a distributed ledger, known as the blockchain. This ensures that nobody else can access your personal information unless they have access to your private key. The cryptography of this payment method makes it nearly impossible for someone to break into your account and steal your money.

4. Prevent scam transactions

Credit card fraud costs merchants a lot because thieves use stolen cards to buy goods and services at stores where they're not authorized to shop. Merchants often have difficulties verifying these transactions as there's no way to identify whether the person presenting it is the account's owner.

However, cryptocurrency payment methods allow you to conduct business without worrying about chargebacks or fraudulent transactions. This is especially helpful for online stores and businesses selling expensive products such as jewelry and other luxury items. With crypto, customers can't return items without a receipt and will have no choice but to pay upfront for what they want to buy.

5. Lower transactions fees

Accepting credit and debit cards requires a high processing fee for every transaction made through your website or storefront. These fees can eat your profits, especially if you deal with thousands of monthly transactions. However, cryptocurrencies like Bitcoin can help your business eliminate or significantly reduce these fees.

This is because coins don't require third-party intermediaries to process payments on their behalf---all transactions are peer-to-peer exchanges. Instead of paying banks their high fees, you pay miners to verify transactions on the blockchain network.

6. Use blockchain technology for supply chains and logistics

When it comes to supply chains, many steps must be taken to ensure products arrive at the right place at the right time. Working blockchain allows you to track the supply chain of your products all around the globe in seconds rather than days or weeks.

Information is recorded and publicly accessed in a working blockchain, making verifying it easier. Every step of the process leaves an indelible record that no one can alter or erase without being detected by other users. You can monitor the shipments of your products from the factory to the warehouse, giving you ample time to prepare for it.

Not only does it let you reduce costs for inventory management, but it also prevents counterfeit goods from entering the system or getting refund requests due to late deliveries.

7. Utilize tokens for incentives and rewards

Incentivizing customers by giving them something valuable for their loyalty is nothing new. However, there's no reason why this reward system has to be tied to traditional fiat currencies.

You can offer discounts or special offers in exchange for cryptocurrency payment methods, allowing you to take advantage of all the other possibilities this technology provides. For example, Centbee offers spendable Honey Rewards usable as Bitcoin SV to active wallet users in conjunction with the Bitcoin SV Hackathon Competition.

Go for Crypto in Your Business

Cryptocurrency is here to stay, and it's becoming more popular as people discover its many benefits. If you're looking to get your business involved in cryptocurrency, start by learning more about the technology.

There's a lot to learn, but your first step should be acquiring a basic understanding of cryptocurrency before going further. Once you've got the hang of it, it's time to explore some ways you can use cryptocurrency to grow your business.

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Uncategorized https://www.investwithpassion.com/blog/7-ways-your-business-can-take-advantage-of-cryptocurrency/ https://www.investwithpassion.com/blog/7-ways-your-business-can-take-advantage-of-cryptocurrency/ Editor Mon, 15 Aug 2022 03:16:59 -0400
How To Choose The Best Trading Keyboard? How To Choose The Best Trading Keyboard?

There are multiple factors that determine the success of a trader. Apart from having a good fund of knowledge and analyzing skills, there are many other things that you need to be successful in this trading business. One such factor is how you interact with your computer while trading. The best way to optimize your performance while trading with your computer is by using the best trading keyboard. Check out this article if you’re looking for a general guide on how to choose the best keyboard for trading in your own specific circumstances. Keep reading to know more about the various aspects of choosing the best keyboard for trading.

Why Should You Use A Good Keyboard While Trading?

A good keyboard will allow you to type faster, accurately, and with less errors. It will let you execute trades quickly and efficiently. This, in turn, will help you increase your profit by optimizing the time spent on trading. Most importantly, a good keyboard will let you stay focused while trading, which is a key factor in being successful in this field. With a good keyboard, you won’t have to worry about how long it takes you to enter a trade or how many mistakes you make while typing. It will let you focus on analyzing the market and finding the best trading opportunities. You’ll be able to enter trades quicker and more accurately, helping you maximize your profit. You can also concentrate better, which is crucial when you’re trading. You don’t want your attention being drawn away by a bad keyboard. This is especially true if you’re trading with a laptop. Traders who make use of laptops normally have to put up with the built-in keyboard, which is normally quite bad.

What is a Trading Keyboard?

A trading keyboard is a specialized keyboard made for traders. The thing that makes a trading keyboard different from a regular keyboard is its features. A trading keyboard will have some or all of the following features:

User-friendly key arrangement

If a keyboard has a “standard” key arrangement, it means that it is not specially designed for a specific type of person. This is good if you’re a beginner, but if you’re an expert trader with specific needs, you’d have to go for a keyboard specially designed for you.

Ergonomic design

An ergonomic keyboard is a keyboard specifically designed for people with different types of physical needs. It can be for people with weak wrists or arthritis, or people with bigger hands.

Bigger number keys

If you’re a trader who makes a lot of use of the number keys, you know how important it is to have a keyboard that has large enough number keys.

Extra buttons for special functions

These buttons can be programmed to do many things, like opening your trading account, recording trades, or other special functions that you have to do frequently.

Customization options

Most modern keyboards let you customize the layout, color, and more.

How To Choose The Best Trading Keyboard?

Keyboards For traders with bigger hands

Keyboards with larger keycaps and a wider spacing between the keys are best for people with larger hands. If you have larger hands, you’re likely to have more difficulty pressing the keys on a regular keyboard. This is especially true if you have short fingers. A keyboard with larger keys will help you avoid having to press down too hard and risking RSI. A wider spacing between the keys will also make it easier for you to type. You can also consider switching to a split keyboard. This design has two parts, with one part below the other. This type of keyboard is usually better suited for people with bigger hands.

Keyboards for fast typists

Many keyboards today are designed to cater to fast typists. If you’re a person who types extremely fast, you might want a keyboard that has extra features to make your work easier. A keyboard with a n-key rollover feature can let multiple keys be pressed at the same time, without producing an unwanted output. This can be helpful if you have to press multiple keys at once to execute a certain trade. A keyboard with programmable macros can let you program certain keys to perform certain functions. A keyboard with RGB lighting is also a good option if you like to watch the lights flash while you’re trading.

Auto-trading keyboard

An auto-trading keyboard is a highly advanced keyboard specially designed for traders who want to trade automatically. These keyboards come with many features that are helpful in trading automatically. There are also many options to let you optimize the keyboard. You can adjust the brightness of the keyboard, choose the color of the backlight, and more. You can also customize the keyboard layout to suit your trading needs. Most auto-trading keyboards are specially designed for traders who want to use the technical analysis when trading. If you’re a trader who uses multiple technical indicators in their trading, you can choose a keyboard that has all the indicators right there. The best thing about an auto-trading keyboard is that it makes it easier for you to trade automatically. This will let you scale your trading and grow your account faster. It also lets you trade on multiple exchanges at the same time.

Day Trading Keyboard

Day trading requires quick entry and exit of trades, which a regular keyboard can’t handle. You need a day trading keyboard with quick keys for executing trades and for placing orders. The best day trading keyboard is one that lets you place orders with a single keystroke. You can also assign common trading actions to single keys for quick access.

Stock Trading Keyboard

Good good keyboard is also an important tool for stock traders. This is because you will be typing in the stock code and getting real-time updates to track the progress of your investments. To choose the right keyboard for stock trading, you want something that will be comfortable to type on for long periods of time and that you can easily see the keys. If you are trading on your phone, it might also be a good idea to get a keyboard with a fingerprint sensor to keep your phone secure.

Conclusion

Choosing the best keyboard for trading can be a tricky task. This is especially true for people who are new to this business. There are many keyboards on the market, each of which has a different set of features. There are many things you need to consider before choosing the best keyboard for trading. You must first understand your own needs, wants, and requirements. Only then can you choose the best keyboard for trading. There are multiple factors that determine the success of a trader. Apart from having a good fund of knowledge and analyzing skills, there are many other things that you need to be successful in this trading business. One such factor is how you interact with your computer while trading. The best way to optimize your performance while trading with your computer is by using the best trading keyboard.

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What is a Fixed Annuity and How Does it Work? The best fixed annuities are a type of financial product that supports individuals entering or currently in retirement. The risks associated with these products are exceptionally low, and in some cases, the income that comes with the product is guaranteed. Unlike variable annuities, the income payments that come with this product don’t change and are never affected by the investments of the providing insurance company or institution. To get the best rates for your fixed product, you’ll want to speak with a reliable annuities provider who can educate you on the benefits of the annuities and the financial support they can provide for your future.

In this article, we’ll define what annuities are and why they’re a popular purchase for individuals entering retirement. We’ll also review the different types of annuities that are available to you and look at the advantages of fixed products relative to these other options. 

What is an Annuity?

An annuity is a contract between you (the purchaser) and an insurance company that guarantees you’ll receive all the money you put towards the purchase, plus an additional return, spread out over the term of the annuity. First, you’ll pay a set amount of money for the contract itself and receive information about the term (contract length), as well as the rate of return, upfront. Many annuity products offer the opportunity to build interest on your money without worrying about it being taxed. 

Over the product’s term, you’ll get all of your money back through regular “income” payments, which have an additional return attached. The additional rate of return you receive in your annuity income payments varies significantly depending on what type of contract you’re purchasing and the provider company’s terms. Annuity income payments should not act as your only financial means- you’ll typically need savings or other more liquid assets on hand to help manage unexpected expenses while the annuity’s term is still active. 

Fixed Annuities: The Basics

Fixed annuity products are the only type of annuity that offers guaranteed returns. While most annuities are generally a safer financial investment than stocks and bonds, the fixed annuity is the only product that ensures a return. Variable rate annuities shift the amount of income you receive based on the insurance company’s investments, which are typically indexes. For individuals looking to take a more conservative approach to build their finances while entering retirement, a fixed annuity can be particularly advantageous.

With a fixed annuity product, you’ll know exactly how much you’re going to get back every month, which makes it a dependable way to increase your assets without any risk in your portfolio. You’ll usually receive your annuity income back on an annual basis starting one year after purchase. However, deferred and immediate annuities offer some flexibility on these terms, often at the expense or benefit of your rate of return.

What Type of Returns Can I Expect?

Returns on your fixed annuity depend on the rate agreed upon at the time of purchase, as well as the period listed in the contract. MYGA (multi-year guaranteed annuity) products ensure that this rate is locked in for the entire duration of the contract. Traditional fixed annuities can see shifting rates later in the annuity’s life cycle, but this doesn’t put your money at risk in the way it might with a variable annuity. 

Rates for fixed annuities are typically low- usually between 2% and 5%- because they don’t technically offer the provider insurance company the opportunity to make money. Instead, the only benefit for the provider is the fact that they get money to work with upfront when you purchase the annuity. Your fixed annuity rates may also depend on the contract length, which can be up to 10 years at a time. To find out more about what rates are available right now, you’ll need to contact a reliable annuities provider or an insurance broker. 

Differences Between Fixed, Fixed Index, and Variable Annuities

Traditional fixed annuities offer a steady stream of income and are generally considered one of the safest ways to increase the amount of money you have during retirement. Fixed index annuities operate in a similar fashion to traditional fixed products, but the rate of return can shift over the specified period. This change in the annuity’s rate is tied to the success or failure of market indexes (such as the S&P 500 and Dow Jones). Variable annuity holders may also see changing rates of return based on the investments of the insurance company. While these products are technically riskier than fixed or MYGA products, they can also offer a significantly higher rate of return. 

Drawbacks of a Fixed Annuity

While fixed annuities are a fantastic choice for securing your finances at the start of retirement, they aren’t always the right purchase for everyone. The primary drawback of an annuity is that it is not affected by inflation. In some cases, the money you’re getting back in addition to the principal is only enough to match current inflation rates.  If you’re early in your career, an annuity usually isn’t the best choice because your earnings have the potential to increase, and you’re likely to make money with more traditional investment strategies. 

The other drawback of an annuity, whether it’s fixed or variable, is that it’s difficult to turn the purchase of the annuity into a liquid asset in the event that you need more money than your savings can provide. In other words, getting your money back before the term expires is both challenging and expensive. Your ability to do so may also depend on the terms of the annuity that you purchase.

Conclusion- What is a Fixed Annuity and How Does it Work?

Fixed annuities are a financial product that supports your retirement with guaranteed income payments and tax deferral benefits. If you’re looking for a new way to continue making money after retirement, a fixed annuity with AnnuityAdvantage might be the right choice for your financial needs. 

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Cryptocurrency Tax Explained: A Complete Guide to Crypto Taxes Taxes will always be around in every financial transaction. Unfortunately, cryptocurrencies aren’t exempted.

The Internal Revenue Service (IRS) considers your Bitcoin and other cryptos as “property,” which means that they are taxable, similar to other assets like gold and stocks. In the new Form 1040, the IRS now asks whether or not you own any virtual currencies, making it difficult to stay ignorant of crypto tax laws.

Failing to pay your taxes can cause you to incur interests and penalties, which adds to how much you initially owe the IRS. In some cases, not paying taxes can lead to criminal prosecution.

Accounting for digital assets in your tax return is relatively easy. You just need to understand how your activity affects your tax liability.

When should you pay taxes on cryptocurrency?

If you only buy cryptocurrencies using U.S. dollars and keep them within the exchange or transfer them to your wallet, it doesn’t mean you’ll owe the IRS tax by the end of the year. Based on Form 1040, you don’t have to report this activity on your return.

However, your taxes may get complicated when you start trading crypto. This includes buying other cryptocurrencies using virtual currencies, selling your Bitcoin for U.S. dollars, or paying for goods or services with crypto. With this, you have to be mindful every time you trade because every move is a taxable event.

How does the IRS tax crypto?

In 2014, the IRS issued a ruling stating that cryptocurrency should be treated as capital assets rather than a form of currency. With capital assets, you’re taxed whenever there’s profit. For example, you purchased $200 of Bitcoin. When it increases in value and sells for $500, you earn $300, subject to capital gains taxes.

What happens if your crypto doesn’t profit but loses value over time? That’s called capital losses, and with it, you won’t owe the IRS taxes. You’ll only owe taxes if you have capital gains. For instance, if you bought $1,000 of Bitcoin and sold it for $700, you won’t get taxed. Plus, you can even use some of your $300 losses to offset other investment gains. 

You can’t deduct all capital losses from your taxable income, as there’s a limit. For individual filers, you can only knock off up to $3,000, and $1,500 if you’re married filing separately.

How much crypto tax do you owe?

Your owed taxes will vary depending on your trading activity and how long you have owned the crypto.

  • If you have owned cryptocurrency for more than a year, your profits are classified as long-term capital gains, which are taxed at a lower rate based on your annual income.
  • If you’ve held your crypto and sold it within a year, your profits are labeled as short-term capital gains, which are taxed at your usual income tax rate.

When you earn virtual currency through mining or receive it as a form of payment or promotion, the entire value of your crypto counts as regular taxable income, and it’s taxed at your usual income tax rate.

Can the IRS track your crypto transactions?

On Nov. 15, 2021, President Joe Biden signed the Infrastructure Investment and Jobs Act (HR 3684). The law mandates brokers of digital assets to report certain information related to crypto trades and payments for tax compliance. It means that exchanges would have to report your crypto transactions to the IRS. Reporting obligations will start on the 2023 tax year (to be filed in 2024).

How do you report crypto income?

When you receive cryptocurrency, whether by earning Bitcoin through mining or accepting crypto from blockchain payments, you need to record its market value in U.S. dollars the moment you receive it. Then, you’ll have to report it as personal income on your tax return.

Keep Good Records of Your Crypto

You don’t have to worry about taxes if you’re just purchasing crypto with U.S. dollars and storing them in your wallet. However, if you’re doing complex crypto activities, you must keep good records of your transactions so that you can accurately report them on your tax return. Even if the IRS has records of your activities from exchanges, it doesn’t hurt to have your own copy and be a responsible crypto trader.

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Benefits of Hiring a Real Estate Agent A real estate agent can help you buy or sell a home, but there are benefits to working with an agent that goes beyond simply finding properties or buyers. In some cases, real estate agents can save you time and money.

For example, real estate agents have access to multiple listing services (MLS), which are databases of homes for sale that are only available to real estate agents and brokers. This means that an agent can quickly give you a list of homes that match your criteria without spending hours looking online or driving around town.

The variable you should consider is the commission that agents earn. This is a percentage of the final sale price and is typically split between the buyer's and seller's agents. In most cases, the buyer's agent will charge you a lower commission than if you were to find and work with a seller's agent directly.

There are different properties such as;

  • Residential: A real estate agent can help you find the perfect home for you and your family. They will work with you to find a home within your budget and help you negotiate the best possible price.
  • Commercial: If you are looking to lease or purchase commercial property, a real estate agent can help you find the right property for your business. They will also be able to negotiate the best possible price and terms for your lease or purchase.
  • Industrial: An industrial real estate agent can help you find the perfect property for your manufacturing or distribution business. They will work with you to find a property that meets your specific needs and help you negotiate the best possible price.

These are the benefits of working with real estate agents when buying Palma properties;

1) They can help you find the right property

When you get the right property, you will not have to spend much on repairing or renovating. This is because the real estate agent will help you find a property that suits your budget and needs.

2) They can help you negotiate the price

The real estate agent knows the market well, putting them in an excellent position to negotiate on your behalf. This means you will save money on the property's purchase price.

3) They can help you with the paperwork

The real estate agent will help you fill out and file the necessary paperwork. This includes the offer to purchase, the sales contract, and other documents. This will save you time and energy.

4) They can provide guidance

The real estate agent will guide you through buying a property. They will answer any questions you have and help you make the best decision for your needs.

5) They can save you money

The real estate agent can save you money in various ways. For example, they can help you to find a property that is within your budget, they can negotiate the purchase price on your behalf, and they can help you to avoid costly mistakes.

These are the benefits of working with real estate agents when buying a property. Real estate agents can save you time and money and guide the process. When you are ready to buy a property, be sure to consult with a real estate agent to get the best results.

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Everything That You Should Know About Motor Trade Insurance

Making a profit through vehicles is an amazing job. It includes buy-and-sell, repair services, transportation, and other car businesses. This is why motor traders should invest in a certain policy cover for added protection.

The good news is that the market offers a wide range of motor trade policies to meet every need. Understanding how each insurance cover works is crucial and will save your business in case of trouble. Well, this post makes it less complicated to learn about motor trade insurance for the first time.

Motor Trade Insurance Explained

Perhaps you are operating a car business and looking for the proper policy cover to invest in. It is critical to work on trades, whether it is your first time or you are an expert. It does not eliminate the risk of loss and damage no matter how hard you try but holding motor insurance can help reduce your expenses.

This type of insurance policy is made to protect motor traders from all the activities that may cause liabilities. People who run a business that involves any kind of vehicle would be better off with motor trade insurance. It serves as a defense in case of road risk and financial difficulties in running your business.

How Does Motor Trade Insurance Work?

Motor trade insurance differs from a policy cover designed for private cars. Those policies only cover a single vehicle and the driver from liabilities, unlike a motor trade policy that can protect multiple cars. It also includes vehicles used for making a profit.

The coverage will depend on the level of need. However, it is possible to invest in more policy cover if you want added protection.

Research to better understand each policy offers so that you can easily pick which suits you best. You can talk to a broker who can assist you in looking for the right policy for your needs. These include:

1. Road Risk Insurance

Using cars to run a business is safer if you invest in road risk insurance. It delivers a higher level of protection from theft and road accidents.

The policy may permit a person to drive a customer vehicle with proper knowledge and skills. Test drives and buy-and-sell transactions are under this policy cover which benefits motor traders a lot. It will save both time, effort, and money to do trading with this insurance type.

Road risk policy is intended for business use and has its own restrictions for inexperienced drivers. It is not also applicable for sports cars due to the higher risk involved.

2. Combined Cover

All types of insurance aim to cover a particular risk. This one is an optional policy cover that may apply to the motor trade. It is all up to the trader which insurance policies are best to work together, such as:

  • Liability Cover

This insurance has to protect both the public and the employers. The policy is accountable for any injury claims to reduce your expenses.

  • Business Premises Cover

Operating a motor trade business on a certain premise requires a policy cover. It applies to either fully-owned or lease properties. With this policy cover, there will be fewer worries about repair costs.

Under this policy are the tools and equipment within the premises. They must be covered against wear and tear.

  • Sales Indemnity Cover

Selling a vehicle may result in faulty parts when it reaches the buyer. This insurance will safeguard your business against such claims.

  • Engineering Inspection Cover

The workplace’s safety must be prioritized through regular inspections. This is a policy cover for that specific need.

Why Choose Motor Trade Insurance?

First of all, it is a legal requirement to run a motor trade. Obtaining a policy cover requires investing in money that would benefit your business in the long run. The most common advantage is that it helps to avoid more damage, especially to your finances.

Facing a road accident, for instance, would cost a business a lot of money. It additionally destroys its reputation due to the damage being made. Having a motor trade policy will save your business from possible claims and losses. It also covers the public and the staff against legal costs which will benefit the business overall.

Get a Motor Trade Insurance

The best choice is to have a policy cover that fits your budget and needs. Contact motor trade insurance brokers to assist you in getting a quote from different insurers. The price varies, however, most policies accept installment payments for the advantage of individuals with a tight budget.

Furthermore, a motor trade policy renews every year which could reduce premium rates over time. Larger traders are better off with this insurance cover in terms of being cost-effective than small businesses. 

Choose a policy cover that you think won’t let your finances go bankrupt, regardless of the risk you had to face.

Final Thoughts

To sum it all up, motor traders have a lot of things to consider when looking for the right policy covers. Working with a broker can reduce the stress because of their knowledge of the different policies. It is safe to say that each policy is made for specific purposes that you should learn about. It is never a mistake to invest in insurance which in fact is a good thing, to begin with.

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Tips for Choosing the Best Wealth Management Firm Are you worried about managing your money effectively? Are you concerned about how to grow your assets with minimal risk? Do you need help in monitoring and analyzing your financial goals? If so, a wealth management firm can be of great help to you. Wealth management firms, like GSBcapital.com,  offer various services, including financial planning, budgeting, and investing. These businesses help their clients manage their assets and monitor their financial situations efficiently. But before you finalize on the right firm for you, there are certain things that you need to keep in mind. With so many options available in the market today, choosing the best wealth management firm is not an easy task. Here is a list of tips that can come in handy while making this decision:

Ask for recommendations

One of the best ways to find the right wealth management firm is by asking your family and friends for recommendations. Your loved ones and business associates can tell you about their experiences with different firms, and this information can come in handy while making a decision. Besides recommending a firm, your friends and family members can also suggest the best financial advisor for you.

Research the company thoroughly

Another important thing to keep in mind while choosing the best wealth management firm is to research the company thoroughly. You can start your research online by looking up information on the website of the firm. In addition, you can also read reviews about the company on websites like Google. You can also go through the financial statements of the firm. Financial statements provide information about the profits made by a company in a particular financial year. They also highlight the risks associated with the company. You can also research the credentials and experience of the financial advisors working at the firm.

You can also look for their profile on the website of the Financial Advisor Association. Besides, you can also search for the credentials of the advisors at the Investment Adviser Public Disclosure website.

Check the firm's credentials and reputation

While checking the credentials and reputation of the wealth management firm, it is important to check if the firm is appropriately licensed and has the necessary credentials to operate. The firm should take the time to explain to you what certifications they hold and if they are qualified to help you with your financial goals. It is vital to ensure that the firm is properly licensed because if they are not, there is a risk of fraud. Besides, you can also look for the firm's reputation by conducting an online search. You can read reviews about the company on various websites and forums to better understand its reputation. You can also look for the certifications and memberships of the firm. Certificates show that the firm is qualified in a specific field. Membership in a group also demonstrates high standards of business practices.

Evaluate the services provided by the company

When evaluating the services provided by the company, you should check if the firm offers services such as retirement planning, investment planning, insurance, and estate planning.

Make sure that the firm provides services related to your financial goals. You can also ask the representatives of the company about the range of services offered by them. Besides, you can also check the investment philosophy of the company to see if it matches with your own.

Financial fortification and risk management strategy

When choosing the best wealth management firm for you, it is important to check if the company has a sound risk management strategy. You should find out if the firm has a proper financial fortification and risk management strategy. The firm should provide you with a financial roadmap for the future, so you know where you are going and how you are going to get there.

This can help you in growing your assets without taking significant risks. Besides, you can also check if the firm has the capability to manage your existing financial assets efficiently. You can also discuss your financial goals with the financial advisor at the firm to see if they have the right strategy to meet your goals.

Bottom line

The bottom line is that when choosing the best wealth management firm, you should keep certain things in mind. A reliable firm will help you manage your asset efficiently, achieve financial goals, and grow your money without taking significant risks. Besides, a reputed and trusted wealth management firm can help you minimise your taxes and increase your retirement benefits.

Now that you know what to look for when choosing a wealth management firm, it’s time to get started. Pick up the phone, do some online research, and get in contact with as many firms as you can. With so many options available, picking the right one for you won’t be easy, but it will be worth it.

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Cost Of Living Crisis: Reducing Business Bills We’re all beginning to feel the pinch this year due to the cost-of-living crisis, in both our home and professional lives. Running a business can be difficult at the best of times, but with prices rising and bills becoming unmanageable, it is a worrying time for businesses of all sizes. There are a few ways that you can change this, to help reduce your bills and make them easier to deal with – from budgeting and cutting unnecessary costs, to saving on energy, it can all make a difference.

If most of your income is going towards paying bills, you may not have money set aside to deal with an unprecedented expense – this is where payday loans uk can help. If you find yourself in a crisis, they can give you access to funds quickly, when you need them most.

Cut Unnecessary Costs

One of the best ways that your business can work towards reducing bills is to cut costs and stop spending where you don’t need to. You can do this with ease by working out a budget. Take the time to get to know your income and your outgoings – including any loan repayments, spending on stock and materials, and bills. If you’re not making enough money to pay for your day-to-day expenses, it might be time to cut back on facilities or products that you don’t need.

You should be sure to prioritise your loan repayments because the sooner they’re paid off, the sooner you can free up your cash flow – but if you’re watching your bills rise, you need to make a change. For example, if you’re buying too much stock and not selling enough, you must cut back or if you’re spending on up-to-date tech, why not try and make the most of the facilities you already have?

Compare Business Bills

The cost of energy and water are continuing to increase this year, so we must be getting the right deal for our business. You may think making comparisons is pointless, because all providers are increasing their prices, however, it is always best to shop around – you might be surprised with what you find! You could also compare phone and internet providers, so you’re not paying for services you’re not using, and so that you can invest in a plan that is most suitable for your business. If you’re struggling to pay your bills, contacting your provider can be advantageous.

Save Energy

If you’re finding that your energy bills are rising rapidly, you should think of ways that you can try and change this. You could switch to more energy-efficient lighting in the office and replace equipment that is no longer efficient (this doesn’t have to cost the earth!) and ensure that your employees are on board by making it clear to them that the business is trying to save energy – they can help by using sleep-mode on computers when they’re not in use, as well as turning off any equipment by the switch when not in use.

Work From Home

Whilst we are still trying to recover from the pandemic, a lot of workplaces are still allowing their employees to work from home, whether that’s completely remote, or in a hybrid way. If you’re looking to save on bills and overheads, introducing working from home could be advantageous. Employees can work from home for a few days a week, meaning that the office or workspace won’t be using as much energy as it usually would.

This means not only can your business benefit from using less energy, but the work-life balance that working from home provides means that your workforce is likely to be more efficient and work more effectively – an all-around win for your business.

Understand Your Customers

If you provide a product or service, understanding your customers is one of the most effective ways of bringing down the price of your bills. If you don’t have an idea of what your customers want, you’re going to waste money trying to provide what you think they need – you’ll cover all bases instead of focusing on a specific area. If you already have loyal customers, you should define their needs and provide them with value. This will help you to only purchase supplies that you know will sell, instead of spending money in areas that may not make you a profit.

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Things To Consider When Buying A Property Many people nowadays share the same dream: buying your first home. What seems like an unrealistic life goal for some is more tangible than you might think. The Australian property market has been going crazy over the last few years which encouraged many people to save up money for a home loan and get into the market. During the process, a mortgage broker can be of great help to make sure you will get pre-approval for your home loan.

What are the first steps?

First of all, it is important to do some research on the market. Getting the right feeling for much a property is selling for versus how much it is worth is the key to making a smart decision in the property market. At current times, the market seems to slow down a bit compared to the peak of the covid-19 pandemic, however, many sellers are still trying to sell their properties for unrealistic prices.

After you have studied the market thoroughly, it is important to know what you are looking for. Are you planning to buy a home for you and your family? Are you planning to buy the property as an investment? Are you looking for a unit, house or duplex? Where can you see the most potential for the future? All these are questions that you should be able to answer before you actively start looking for your property.

Once you know what you are looking for, the next step would be the process of getting your home loan pre-approved. Since this can be a complicated and lengthy process, it is highly recommended to get in touch with a Mortgage Broker in Brisbane in make sure everything will go smoothly.

Why Should I get A Mortgage Broker?

A mortgage broker is a professional that will help you get the right loan for your individual situation. Home loan brokers help you to take the stress and confusion out of the process as there are hundreds of options on the market. You can discuss your individual situation and finances to find out how much you can borrow and which lender provides the best solution for you. You will discuss interest rates and repayments to make sure you understand everything and won’t be taken advantage of or choose the wrong loan. As the middle man between you and the lender, the mortgage broker will be responsible for all communication between you and the bank, and make sure your loan application contains all the relevant documents.

Professionals like the mortgage brokers from Newbridge Home Loans for example will help you assess your financial case and create a picture of your creditworthiness. When hiring a broker, you can avoid the stress and worries of potentially not getting approved by the bank and have a contact to discuss all matters with. The bigger the network of the broker, the more choices you will have when it comes to looking at different lenders and loan agreements.

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How To Do Proper Property Investment Research Before Investing in Real Estate Proper Property Investment Research is essential if you're serious about making money in real estate. Before investing in a property, you should determine how much you can afford and what amenities your property will need. If you're new to property investing, avoid buying a cheap property just because it seems too good to be true. These properties are usually scams, so do your research and know your market. Here are some tips for making your investment a success:

ABS census data - A reliable source of property data is the ABS census. The ABS relies on the public's responses to questions such as tenancy type. This data can be inaccurate, as some respondents do not understand the questions asked. It also takes a long time to process and is therefore out of date in a fast-moving market. An industry benchmark of one-in-four renters to owner-occupiers is a good benchmark to use, as anything less than this is considered to be a good investment opportunity.

While doing market research is critical, keep in mind that statistics have anomalies. A vacancy rate of 10% may be unreal, while one of 2% might be overstated. It's important to use multiple sources of statistics when purchasing a property, as not all will have anomalies at the same time. You should also consider the trends in the housing market and rental prices in the location. Then, you can choose a property that will appreciate in value in the future.

Real estate investment research should be thorough, but remember to consider your relationships with everyone involved. Real estate investment requires good relationships with people involved. If your relationships are strained, investing in real estate might not be for you. Consider your relationship with your potential tenants before investing in real estate. If you're in a place where house prices are falling, you could end up making a profit even if you're renting to a stranger.

Once you've determined the property markets in which you're interested, you should seek out advisers with proven track records and a comprehensive approach to the process of investing in real estate. Look for a qualified accountant, financial adviser, mortgage broker, and buyer's advocate. Make sure you avoid real estate agents who represent vendors and property promoters - these individuals don't understand the basics of the market. Once you've done your research, you'll be able to pick the best markets for growth and rental yield.

Another important factor for investment is the long-term growth of the property market. LTG measures the average growth of the property market over a period of ten years. Investors often consider a 10-year hold period when they first invest in a property. Despite these caveats, property investment is still a great way to make money in the real estate market. Listed below are some property investment strategies for investors. These strategies have helped many people make money in real estate.

If you're a property investor, you probably know that data is power. Big data can be intimidating, especially for those without a background in property. The good news is that there are many reliable data sources that can help you make informed decisions. One such resource is Property Investment Research. These reports offer data on market trends and local conditions. They include real estate data from the Australian Bureau of Statistics and SQM Research. In addition, they offer forecast data for specific property markets, such as Brisbane, Melbourne and Sydney.

Before choosing a property, you should always perform some property investment research. You should know why you want to invest in property, how it works, what rental yield you want, and the strategies that you can use to earn higher returns. You can start your property research by looking up properties in your preferred area. If you have a specific budget, you can use online tools to compare and contrast properties that will suit your budget and goals. Also, research the property market with a real estate agent if you have one.

Besides comparing the average rent yield, you should look at sales volume in that area. There are numerous articles that tell you which neighbourhoods are best for property investment. However, they do not provide enough information for you to make a decision. A better method of research would be to research the development plan of your county. Try searching "local council development" and "county name".

The Department of International Trade often publishes brochures to attract capital investment in major cities. These brochures contain information about the infrastructure in different areas and the property developments in those regions. They also include information on current property values and projected property values. This is an easy way to scope out regeneration projects. And if you do invest in such a project, you'll know the right timing for the investment. So, start your research today.

A good consultant will help you identify investments with real growth potential. Such investments can arise from clever redevelopment or componentisation of properties. Always keep an eye out for hidden gems. By understanding buying criteria, you'll be able to pinpoint property that is undergoing rapid development. A good consultant will also help you choose the right property to invest in. So, you're sure to be happy with your decision. So, get started now and enjoy the financial freedom that comes with property investing.

Whether you're a first-time investor or an experienced professional, researching the market is key to success. Proper research will help you make smarter decisions and build wealth in the process. But, remember that no one will tell you what to do if you don't know what you're doing. So, take a deep dive into property investment research before you invest. The more you know, the better your decisions will be.

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Top 3 Investments To Make In 2022 Investing our funds in the hope of making a profit is becoming more popular and accessible, with platforms to manage your portfolio and help you choose how to invest making it easier than it’s ever been. Investing means you can build on your finances, allowing you to save for the future.

Saving can be beneficial so that you have funds available to use in an emergency. If you haven’t managed to build up a substantial amount yet, payday loans can help if you find yourself in a crisis.

Why invest?

More of us are investing our hard-earned cash as a way of getting more from our money. Investing funds in savings accounts with high interest, property, retirement funds and start-ups are all ways that we can make a profit. Investing allows us to control and build on our finances depending on our overall goal, and where we want to be in the future. You can invest your money with high risk, in the hope that you make a high profit, or make a lower, more stable investment in the hope that your money will grow progressively. There is always the chance of a loss when it comes to investment, which is why making sure you’re choosing the right place to invest is key.

  1. High-interest savings accounts

When we talk about investing, it doesn’t always refer to the stock market. If you’re looking to get to grips with investing this year, looking at some of the best savings accounts could be the place to start. This year, interest rates have risen, and although it is marginal, can still make a difference if you’re looking to grow your funds.

Interest savings accounts work like this: The highest interest rates tend to be offered to those who are willing to save their funds for a longer period of time, for example, 3 or 5 years. If you’re hoping to get the best interest, you should make sure you have other savings that you can access separate from the funds you’re hoping to make a profit on, as banks will penalise you for withdrawing early, making you pay a charge or taking away the interest earned.

Investing your money in a high-interest savings account is relatively low risk, as banks follow tight regulations, so they can be a good place to start if you’re new to investing and want to get a feel for the risk levels you’re comfortable with. They can also be a great option for people saving specifically for a goal in the near future.

  1. Residential property

Buying a property as a way of earning income is one of the best ways to invest this year. If you have the time and patience to work out the mortgages, safety regulations and all the documents that come along with it, then you could make a profit by investing in property. The thought of the rules, regulations and paperwork can seem daunting, but don’t let them put you off — you can simply choose to outsource these efforts to a letting agent for a small percentage of the rent.

Buying a house to let means you will have a steady income as long as there are residents living in your property. Investing in buy-to-let houses could be beneficial for those that have a larger sum of money that they can invest into a range of properties. This option may not be for you if you don’t have a lot of spare time or you’re looking to make money in a short space of time.

  1. Equity crowdfunding

This type of investment is a new, modern way of making returns. Investors use a platform to choose new and upcoming businesses or companies that are looking to get off the ground. The funds that are invested go towards getting the company up and running, and the investor then receives shares from the money they make.

This type of investment is risky, as there are no guarantees that new companies are going to be successful and end up making you a return. They are also more likely to suffer from financial difficulty before they can make any substantial amount of money. With these investments, people that decide to commit funds have to hope that the business is successful and that their high-risk investment will pay off with high rewards.

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Uncategorized https://www.investwithpassion.com/blog/top-3-investments-to-make-in-2022/ https://www.investwithpassion.com/blog/top-3-investments-to-make-in-2022/ Editor Tue, 24 May 2022 00:25:27 -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 http://crowngoldexchange.com/.

  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

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

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

Platinum

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.

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Uncategorized https://www.investwithpassion.com/blog/investing-in-precious-metal-a-guide-for-beginners/ https://www.investwithpassion.com/blog/investing-in-precious-metal-a-guide-for-beginners/ 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.

Leverage

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.

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Uncategorized https://www.investwithpassion.com/blog/why-cfds-are-the-ideal-investment-for-novice-traders/ https://www.investwithpassion.com/blog/why-cfds-are-the-ideal-investment-for-novice-traders/ 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.

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Uncategorized https://www.investwithpassion.com/blog/real-estate-tips-for-a-first-time-home-seller/ https://www.investwithpassion.com/blog/real-estate-tips-for-a-first-time-home-seller/ 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.

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Uncategorized https://www.investwithpassion.com/blog/mandura-property-management-how-to-find-the-right-property-manager/ https://www.investwithpassion.com/blog/mandura-property-management-how-to-find-the-right-property-manager/ Editor Sat, 07 May 2022 05:48:46 -0400