While the recent news doesn't bode well for BP's litigation defense efforts, a plaintiff's lawyer suing BP still has no guarantee of success. In a recent WSJ Law Blog, Oil Spill Lawyers Competing Against BP . . . and With the Government the author points to some of the risks involved with plaintiff's work. For instance, plaintiff's lawyers always take a risk that their expert will blow the case. But, this isn't a post on handling your expert witness (that issue will likely be addressed in a trial advocacy post in the future.) Instead, I will take a look at another issue a plaintiff's attorney needs to be aware of in his/her civil RICO claim.
As I mentioned in my previous posting on this issue, Civil RICO Litigation and BP: Because You Were Wondering the first big hurdle plaintiff's attorney's will be faced with deals with the complaint itself. There will likely be an amended complaint at some point in the near future (perhaps even two or three).
If you have read the complaint, and aren't a seasoned litigator, or if you don't normally handle issues that need to be plead with particularity (Fed. R. Civ. P. 9(b)) than you may be unaccustomed to the pitfalls in which a plaintiff's lawyer may fall. In my own experience, and from my own observations, one of the greatest problems with these kind complaints is whether the language of the complaint connects the allegations to civil RICO.
For instance, it is very tempting to plaintiff's attorneys to say something like "defendant committed fraud" The judge knows the plaintiff is claiming the defendant committed fraud. Saying that over and over in a pleading doesn't make it a proper pleading. Yet that is exactly what many lawyers try to do.
Instead, one should be ready to answer questions like how exactly was the fraud committed? Who committed the fraud? Why was the fraud committed? It need not be sensational. But it does need to create a link to the defendant and the actionable transactions under RICO.
A common tactic plaintiff's use in defending an incomplete initial complaint is to state that specifics will be obtained during discovery. Well, you may be able to get away with that sometimes. However, that answer is much a much easier sell when the pleading doesn't require much beyond a short plain statement.
On the other hand, RICO requires an engagement in a "pattern of racketeering activity" 18 U.S.C. 1962. And, the determination as to whether a pattern exists, is commonly made in favor of the defendant on a 12(b)(6). One of the reasons for this is that attorneys seem to be fond of replacing a tort or several tortious acts for RICO.
To be successful under a RICO claim, more than one transaction is required. Often, however, the pleading will lead the court to determine that the acts complained of consist of only one transaction. 1 One of the troubling issues for plaintiff's attorneys in their pleadings, (or even if they make it past that stage) is the pattern issue.
How can plaintiff's attorneys show a pattern? "[T]o prove a pattern of racketeering activity a plaintiff must show that the racketeering predicates are related, and that they amount to or pose a threat of continued criminal activity." 47 F.3d 1280. (For the sake of brevity here I am only including cites).
The first trouble is of course the relatedness aspect of this test. "[P]redicate acts are related if they "have the same or similar purposes, results, participants, victims, or methods of commission, or otherwise are interrelated by distinguishing characteristics and are not isolated events.'" Id.
Attorneys who do get past the issue of "related acts" still haven't made it past the Court's test. In addition, the Court requires continuity. "The continuity requirement is likewise satisfied where it is shown that the predicates are a regular way of conducting defendant's ongoing legitimate business (in the sense that it is not a business that exists for criminal purposes), or of conducting or participating in an ongoing and legitimate RICO "enterprise." Id.
The plaintiff's, therefore in the BP civil RICO suits, will likely seize upon the first of the two options for continuity. They will likely focus on the facts that show that BP conducts its ongoing business in way that amounts to a threat of continuing or ongoing criminal activity.
Despite the publicity and the size and scope of the oil leak, BP will likely try to prove that the oil leak is the result of a single tort for which a fund has already been created and for which their civil liability is diminished.2 Granted the single tort may be the result of several acts of negligence. However, a bunch of negligence doesn't a civil RICO claim make!
In other words, just because BP is careless doesn't mean they are racketeers.
The above analysis doesn't purport to suggest that BP cannot be found liable under civil RICO. The point is simply to make people aware of the some of the lesser known issues involved. RICO is a complex creature; it has the ability to keep attorneys quiet and busy for long periods of time.
1. 852 F.2d 936; for an interesting discussion of the "pattern" take a look at 492 U.S. 229
2. I direct you to the WSJ Law Blog article at the top
Tuesday, July 31, 2012
How Do You Safely Remove Command Strips?
When it comes to creating convenient space in the home, safety and simplicity are two important factors, each equally valuable. Of course, finding both is priceless!
Ever found yourself needing some extra hanging space on the wall? Wanted to put up a hook in your laundry but are afraid of leaving an unsightly hole? Have a poster or print which will look great in your living room, but don't want to use adhesive tack which will leave a stain or a mark? There's actually a very simple solution, in the form of the 3M range of Command Strip products.
These seriously clever adhesive strips are specially designed to mount hooks or posters to your wall without leaving any damage to your wall. Command strips are made from synthetic rubber resin so will stick to most smooth surfaces, and are completely water resistant - which means you can use them in the bathroom or laundry. Most impressively, Command strips can hold up to 3kgs of weight. Not bad for something so small!
The 3M Command Strip range includes many multi-purpose attachments, from different kinds of hooks for everyday use, to clips for hanging paperwork in your home or office. There are even specialised poster strips and frame hangers to hang your favourite posters or framed pictures without pins, nails or tack. And, for ultimate convenience, Command Strip packs even come with extra strips should you need to reposition your hook or poster, or put it up somewhere else entirely. (After all, isn't variety is the spice of life?)
Applying your Command Strips
It's very easy to apply your 3M Command Strips, whatever you wish to use them for. Each double-sided strip has one side which attaches firmly to the wall, while the other will attach to the hook, clip or poster you wish to hang. Simply stick and press - that's all there is to it!
For use with heavier items, it is best to leave your hook for a good hour or more, before hanging anything on it. And make sure that you don't apply these strips to delicate wallpaper or newly painted surfaces, as you may not get the right results. However, most surfaces work perfectly with Command Strips; just follow the instructions or check the website for more details on where to apply them.
How to safely remove Command Strips
However, the real magic of the 3M Command Strips is in their simple and - best of all - damage-free removal. The stretch-release technology makes it even easier to remove the strips than it is to apply them - making life that much easier! Simply press on the adhesive area, grab hold of the Command Strip tag behind it, and pull down. The strip will stretch and come away from the wall - without leaving any marks or damaging the surface. Just like magic!
If the strip breaks while you're pulling it, or the tab comes off, there's no need to panic. You can still easily remove it without damaging the wall surface. Soften the adhesive by warming the area with a hairdryer. Then peel the strip away from the wall using a strong thread; dental floss works perfectly for this. Just slide the thread or floss along the back of the strip and you'll be able to remove your hook and peel off the remains of the strip. Even if this happens you will still find your wall is damage-free!
So there you have it - a simple and safe mounting system for your home. You don't have to damage your home to make it better. Just try 3M Command Strips.
Ever found yourself needing some extra hanging space on the wall? Wanted to put up a hook in your laundry but are afraid of leaving an unsightly hole? Have a poster or print which will look great in your living room, but don't want to use adhesive tack which will leave a stain or a mark? There's actually a very simple solution, in the form of the 3M range of Command Strip products.
These seriously clever adhesive strips are specially designed to mount hooks or posters to your wall without leaving any damage to your wall. Command strips are made from synthetic rubber resin so will stick to most smooth surfaces, and are completely water resistant - which means you can use them in the bathroom or laundry. Most impressively, Command strips can hold up to 3kgs of weight. Not bad for something so small!
The 3M Command Strip range includes many multi-purpose attachments, from different kinds of hooks for everyday use, to clips for hanging paperwork in your home or office. There are even specialised poster strips and frame hangers to hang your favourite posters or framed pictures without pins, nails or tack. And, for ultimate convenience, Command Strip packs even come with extra strips should you need to reposition your hook or poster, or put it up somewhere else entirely. (After all, isn't variety is the spice of life?)
Applying your Command Strips
It's very easy to apply your 3M Command Strips, whatever you wish to use them for. Each double-sided strip has one side which attaches firmly to the wall, while the other will attach to the hook, clip or poster you wish to hang. Simply stick and press - that's all there is to it!
For use with heavier items, it is best to leave your hook for a good hour or more, before hanging anything on it. And make sure that you don't apply these strips to delicate wallpaper or newly painted surfaces, as you may not get the right results. However, most surfaces work perfectly with Command Strips; just follow the instructions or check the website for more details on where to apply them.
How to safely remove Command Strips
However, the real magic of the 3M Command Strips is in their simple and - best of all - damage-free removal. The stretch-release technology makes it even easier to remove the strips than it is to apply them - making life that much easier! Simply press on the adhesive area, grab hold of the Command Strip tag behind it, and pull down. The strip will stretch and come away from the wall - without leaving any marks or damaging the surface. Just like magic!
If the strip breaks while you're pulling it, or the tab comes off, there's no need to panic. You can still easily remove it without damaging the wall surface. Soften the adhesive by warming the area with a hairdryer. Then peel the strip away from the wall using a strong thread; dental floss works perfectly for this. Just slide the thread or floss along the back of the strip and you'll be able to remove your hook and peel off the remains of the strip. Even if this happens you will still find your wall is damage-free!
So there you have it - a simple and safe mounting system for your home. You don't have to damage your home to make it better. Just try 3M Command Strips.
Friday, July 27, 2012
Advantages And Disadvantages Of Lease Option Real Estate Investing
Lease option real estate investing is a creative way to get started in real estate investing. The biggest advantage of this investing method is "control". It basically gives the investor the right to possess-- be in control of-- and profit from a property without owning it.
A lease option contract is a combination of two documents. The lease part is where the owner agrees to let you lease their property while you pay them rent for a stated period of time. During the lease period the owner can not raise the rent, rent it to anyone else, or sell the property to anyone else.
The option part represents the right you purchased to buy the property in the future for a specific price. If you decide to exercise your option to buy, the owner has to sell it to you at the negotiated price. The option part of the contract obligates the seller to sell to you during the option period- but it does not obligate you to buy. You are only obligated to make rental payments as agreed during the lease period.
When the lease option contract is written and structured properly, it can provide tremendous benefits and advantages to the investor. If the lease option includes the "right to sub-lease" the investor can generate a positive cash flow by renting the property to a tenant for the duration of his lease, or lease option the property to a tenant-buyer for positive cash flow and future profits. If the lease option includes a "right of assignment" the investor could assign the contract to another buyer for a quick profit.
Lease option real estate investing, is a flexible, low risk, highly leveraged method of investing that can be implemented with little to no money.
High Leverage
It is highly leveraged because you are able to gain control of a property and profit from it now--even though you don't own it yet. The fact that you don't own it also limits your personal responsibility and liability. Only if you decide to purchase the property by exercising your "option to buy" would you take title to the property.
Little to no money
The investor's cost to implement a lease option agreement with the owner requires little to no money out of pocket money because it is entirely negotiable between investor and owner. There are a variety of ways the option fee can be structured such as an installment plan, balloon payment or other agreeable arrangement between both parties. The option fee can even be as little as .00. In order to secure the property for purchase at a later date, tenant-buyers typically pay a non-refundable option fee of approximately 2%-5% of the negotiated purchase to the seller. Depending on how the lease option agreement is written and structured, the investor could possibly use the tenant-buyer's option fee money to pay any option fee owed to the owner.
Flexible
It is a flexible method of real estate investing because terms of the agreement like payment amounts, payment dates, installments, interest rate, interest only payment, balloon payments, purchase price and other terms are all negotiated between seller and buyer. Responsibilities of both parties are also negotiable. For instance, if the investor doesn't want to act in the capacity of a landlord, he could specify in the lease option agreement that tenant-buyer will be responsible for all minor maintenance and repairs and the original seller will remain responsible for any major repairs.
Financially Low Risk
It is low risk financially. If the property fails to go up enough in value to make a profit, you have the purchased the right to change your mind and let the "option to buy" expire. Even if your tenant-buyer decides not to buy the property, you have profited by a positive monthly cash flow from the tenant-buyer's rent payments and upfront non-refundable option fee.
Let's look at an example of a lease with option to buy structured in a way that the investor profits in 3 separate phases of the investment.
Profit #1 non-refundable option fee
Future sales price negotiated with the current owner is 5,000 with an option fee of 2% of the sales price. Option Fee you owe the owner is ,500. The future sales price you set for your tenant-buyer is 5,000 and the option fee is 4% of the sales price. Option fee the tenant-buyer owes you is ,200. You collect ,200 from tenant-buyer and pay ,500 to the owner and your profit = ,700
Profit #2 cash flow from monthly rental payments
The Monthly rental payment you negotiated with the owner is ,000. You set the monthly payment at ,250 per month for your tenant-buyer. Each month you collect ,250 from your tenant-buyer and pay the owner ,000 each month. Your profit is 0 monthly positive cash flow during the lease period.
Profit #3 is set up when the lease option contract is initially written
The difference in the negotiated future purchase price with the owner and the future purchase price set for your tenant-buyer. Let's say the property goes up in value to appraise for at least 5,000. Your tenant-buyer decides to exercise their option to buy. You buy the property from the owner at 5,000 and then sell it to your tenant-buyer for 5,000. 5,000 - the 5,000 you pay to the owner = ,000 profit.
Of course the key to making lease option real estate investing work, is finding motivated sellers and buyers. Finding these motivated sellers and buyers shouldn't be difficult. The continuing down turn in the real estate market has created a large number of sellers who can't sell their property and also buyers who can't get financing to buy. The seller could possibly get a fair offer to be paid in the future by selling their property to a real estate investor on a lease option basis. A potential tenant-buyer could obtain home ownership without having to qualify through traditional home loan guidelines.
One disadvantage of lease option real estate investing involves the tenant or tenant-buyer possibly defaulting on monthly rental payments. This would make it necessary for the investor to come up with money out of pocket to pay the owner and possibly have to proceed with eviction process. However, there are certain provisions and clauses that can be written into the lease option to deter buyers from defaulting on payments.
If the investor fails to do "due diligence" before entering into a lease option agreement, he could end up with a property that is unmarketable. There could be a number of liens on it, issues involving ownership of the property or it might be in foreclosure. By diligently performing research before entering into a lease option agreement, the investor can avoid these mistakes. A few things the investor could do is-- perform background and credit checks on both the seller and buyer, search public records in reference to ownership and property status, or do a title search.
Despite the few disadvantages, lease option real estate investing continues to be an excellent way to invest in real estate with little to no money and low financial risks. It also remains to be an excellent way to gain control of a property you don't own and create positive cash flow and profits on flexible terms.
Bottom line, the secret to success in today's challenging real estate investing market is to use only the best creative ideas, proven tools and strategies that have been successfully used by other investors to generate cash flow and profit from today's real estate market. The more you understand and apply now, the more you will profit from today's financial crisis.
A lease option contract is a combination of two documents. The lease part is where the owner agrees to let you lease their property while you pay them rent for a stated period of time. During the lease period the owner can not raise the rent, rent it to anyone else, or sell the property to anyone else.
The option part represents the right you purchased to buy the property in the future for a specific price. If you decide to exercise your option to buy, the owner has to sell it to you at the negotiated price. The option part of the contract obligates the seller to sell to you during the option period- but it does not obligate you to buy. You are only obligated to make rental payments as agreed during the lease period.
When the lease option contract is written and structured properly, it can provide tremendous benefits and advantages to the investor. If the lease option includes the "right to sub-lease" the investor can generate a positive cash flow by renting the property to a tenant for the duration of his lease, or lease option the property to a tenant-buyer for positive cash flow and future profits. If the lease option includes a "right of assignment" the investor could assign the contract to another buyer for a quick profit.
Lease option real estate investing, is a flexible, low risk, highly leveraged method of investing that can be implemented with little to no money.
High Leverage
It is highly leveraged because you are able to gain control of a property and profit from it now--even though you don't own it yet. The fact that you don't own it also limits your personal responsibility and liability. Only if you decide to purchase the property by exercising your "option to buy" would you take title to the property.
Little to no money
The investor's cost to implement a lease option agreement with the owner requires little to no money out of pocket money because it is entirely negotiable between investor and owner. There are a variety of ways the option fee can be structured such as an installment plan, balloon payment or other agreeable arrangement between both parties. The option fee can even be as little as .00. In order to secure the property for purchase at a later date, tenant-buyers typically pay a non-refundable option fee of approximately 2%-5% of the negotiated purchase to the seller. Depending on how the lease option agreement is written and structured, the investor could possibly use the tenant-buyer's option fee money to pay any option fee owed to the owner.
Flexible
It is a flexible method of real estate investing because terms of the agreement like payment amounts, payment dates, installments, interest rate, interest only payment, balloon payments, purchase price and other terms are all negotiated between seller and buyer. Responsibilities of both parties are also negotiable. For instance, if the investor doesn't want to act in the capacity of a landlord, he could specify in the lease option agreement that tenant-buyer will be responsible for all minor maintenance and repairs and the original seller will remain responsible for any major repairs.
Financially Low Risk
It is low risk financially. If the property fails to go up enough in value to make a profit, you have the purchased the right to change your mind and let the "option to buy" expire. Even if your tenant-buyer decides not to buy the property, you have profited by a positive monthly cash flow from the tenant-buyer's rent payments and upfront non-refundable option fee.
Let's look at an example of a lease with option to buy structured in a way that the investor profits in 3 separate phases of the investment.
Profit #1 non-refundable option fee
Future sales price negotiated with the current owner is 5,000 with an option fee of 2% of the sales price. Option Fee you owe the owner is ,500. The future sales price you set for your tenant-buyer is 5,000 and the option fee is 4% of the sales price. Option fee the tenant-buyer owes you is ,200. You collect ,200 from tenant-buyer and pay ,500 to the owner and your profit = ,700
Profit #2 cash flow from monthly rental payments
The Monthly rental payment you negotiated with the owner is ,000. You set the monthly payment at ,250 per month for your tenant-buyer. Each month you collect ,250 from your tenant-buyer and pay the owner ,000 each month. Your profit is 0 monthly positive cash flow during the lease period.
Profit #3 is set up when the lease option contract is initially written
The difference in the negotiated future purchase price with the owner and the future purchase price set for your tenant-buyer. Let's say the property goes up in value to appraise for at least 5,000. Your tenant-buyer decides to exercise their option to buy. You buy the property from the owner at 5,000 and then sell it to your tenant-buyer for 5,000. 5,000 - the 5,000 you pay to the owner = ,000 profit.
Of course the key to making lease option real estate investing work, is finding motivated sellers and buyers. Finding these motivated sellers and buyers shouldn't be difficult. The continuing down turn in the real estate market has created a large number of sellers who can't sell their property and also buyers who can't get financing to buy. The seller could possibly get a fair offer to be paid in the future by selling their property to a real estate investor on a lease option basis. A potential tenant-buyer could obtain home ownership without having to qualify through traditional home loan guidelines.
One disadvantage of lease option real estate investing involves the tenant or tenant-buyer possibly defaulting on monthly rental payments. This would make it necessary for the investor to come up with money out of pocket to pay the owner and possibly have to proceed with eviction process. However, there are certain provisions and clauses that can be written into the lease option to deter buyers from defaulting on payments.
If the investor fails to do "due diligence" before entering into a lease option agreement, he could end up with a property that is unmarketable. There could be a number of liens on it, issues involving ownership of the property or it might be in foreclosure. By diligently performing research before entering into a lease option agreement, the investor can avoid these mistakes. A few things the investor could do is-- perform background and credit checks on both the seller and buyer, search public records in reference to ownership and property status, or do a title search.
Despite the few disadvantages, lease option real estate investing continues to be an excellent way to invest in real estate with little to no money and low financial risks. It also remains to be an excellent way to gain control of a property you don't own and create positive cash flow and profits on flexible terms.
Bottom line, the secret to success in today's challenging real estate investing market is to use only the best creative ideas, proven tools and strategies that have been successfully used by other investors to generate cash flow and profit from today's real estate market. The more you understand and apply now, the more you will profit from today's financial crisis.
Watch Tv On Pc - Over 3500 Channels With Satellite Tv Software For Pc
I always thought Satellite TV Software for PC are great, but with the limitation of mobility. You have a great choice of channels, and visual quality, but only when you are home, and your TV is connected to your satellite dish/receiver set. And i always wondered why noone thinks about creating a mobility solution for my tv watching pleasure.
Well, now it's no longer a question, because i have met the greatest software, SatelliteDirect. It simply turns your pc (or mac of course) into a satellite tv, with a really low and affordable one time fee! Of course, the first thing i thought was "it should be illegal to sell so many channels fort his low". But i have checked it, and everything seems to be very legal.
It's very easy to start just visit this website watch satellite TV on your PC.
Now i can watch the games on my laptop even at work. Going to parents-in-law for dinner is no longer a problem for my virtual league, as i can watch and check the scores anywhere i find internet connection. It has no limits for downloads, or channels you watch. You just simply pay the one time fee, which is paid back if you don't like the service, and instantly you have access to over 3500 channels on your pc or mac.
The system is as simple as possible. You register on Satellite Direct, make your payment with your credit card,or even paypal, download the software for your pc or mac,and start watching any of those 3500 channels you like.
I have started using this software for satellite tv last month, last week i cancelled my satellite tv and i will cancel my cable tv before the end of this month, because this software gives me all the services of satellite and cable. I also bought an HDMI cable and connected my laptop to my tv, so now i have the luxury of a big flat screen with HD resolution. Now i am thinking about using my old pc as a set top box to watch TV, thanks to Satellite Direct, all is need is a cable.
Just today we bought another membership for my brother, and he is really happy now that he can watch the games online wherever he is. Because of his job, he often visits Europe and he was always complaning that he can't reach his satellite channels that he has at home, and always used it as an excuse for his looses on our virtual league. Now he has no excuse left, we will see how he really plays.
I know it sounds like a dream come true, but it really is. Remember the days when we had no internet, and paid huge bills for anything like telephony, video conferencing, etc. Now we got internet and the best advantage of the net is that it reduces our costs for anything, now including our broadcasting needs.
As a conclusion, i recommend you give SatelliteDirect a try. The worst thing you loose will be a few minutes. You get your Money back if you don't like it. You will not see recurring bills like your satellite or cable provider on your credit card report. It's easy to install and also very easy to uninstall. Just register here - , pay, download and meet the new era of TV pleasure with HD resolution.
Well, now it's no longer a question, because i have met the greatest software, SatelliteDirect. It simply turns your pc (or mac of course) into a satellite tv, with a really low and affordable one time fee! Of course, the first thing i thought was "it should be illegal to sell so many channels fort his low". But i have checked it, and everything seems to be very legal.
It's very easy to start just visit this website watch satellite TV on your PC.
Now i can watch the games on my laptop even at work. Going to parents-in-law for dinner is no longer a problem for my virtual league, as i can watch and check the scores anywhere i find internet connection. It has no limits for downloads, or channels you watch. You just simply pay the one time fee, which is paid back if you don't like the service, and instantly you have access to over 3500 channels on your pc or mac.
The system is as simple as possible. You register on Satellite Direct, make your payment with your credit card,or even paypal, download the software for your pc or mac,and start watching any of those 3500 channels you like.
I have started using this software for satellite tv last month, last week i cancelled my satellite tv and i will cancel my cable tv before the end of this month, because this software gives me all the services of satellite and cable. I also bought an HDMI cable and connected my laptop to my tv, so now i have the luxury of a big flat screen with HD resolution. Now i am thinking about using my old pc as a set top box to watch TV, thanks to Satellite Direct, all is need is a cable.
Just today we bought another membership for my brother, and he is really happy now that he can watch the games online wherever he is. Because of his job, he often visits Europe and he was always complaning that he can't reach his satellite channels that he has at home, and always used it as an excuse for his looses on our virtual league. Now he has no excuse left, we will see how he really plays.
I know it sounds like a dream come true, but it really is. Remember the days when we had no internet, and paid huge bills for anything like telephony, video conferencing, etc. Now we got internet and the best advantage of the net is that it reduces our costs for anything, now including our broadcasting needs.
As a conclusion, i recommend you give SatelliteDirect a try. The worst thing you loose will be a few minutes. You get your Money back if you don't like it. You will not see recurring bills like your satellite or cable provider on your credit card report. It's easy to install and also very easy to uninstall. Just register here - , pay, download and meet the new era of TV pleasure with HD resolution.
Wednesday, July 25, 2012
The Value Of The Golden Orange-yellow Topaz Gemstone: The "imperial Topaz"
Topaz is such an amazing and diverse gemstone is actually occupies two spots on the birthstone chart, and several years of the anniversary chart. Yellow Topaz signifies a November birth and the astrological sign Sagittarius, and blue topaz vies with Turquoise for December's birthstone.
The beautiful topaz whose name comes from the Sanskrit for 'fire' comes in an amazing variety of colors to match any taste. It is the stone of choice for the 4th, 19th, and 23rd anniversary dates. With all of its amazing diversity it is the "Imperial Topaz" that has the most romantic and mystical qualities thanks to the impact of its regal bearing and royal interests.
The "Imperial Topaz" is always a rich, deep golden to reddish orange-yellow. While it is simply one of the many varieties of topaz "Imperial Topaz" is the stone of choice for investment seekers, and jewelry lovers alike and is the stone for the 23rd anniversary as well as the true topaz choice for November's birthstone. Its rick golden color has a luster unlike any other stone and its hardy nature makes it a natural for jewel settings.
Royal Blood
The variety of topaz that is often called "Imperial Topaz" is named that because pink and red varieties were often used in the crown jewels and other jewelry of the 18th and 19th century Czarinas of Russia. During that golden age of Russian monarchy topaz ruled supreme and was the sign of royalty that few if any people of lesser station could afford.
Durability
The varieties of topaz have a hardness level of 8. Measured on a scale of 1 - 10 with diamonds being at the very top, the topaz is still considered a hardy and durable gemstone that is hard to damage in the course of normal wear and care.
Variety
Variety is the spice of life and topaz has a lot of it. It comes in colors including orange, yellow, brown, light to deep sky blue, pink, white, purple, green, and sparkling clear that is often cut in the "brilliant" diamond cut to resemble it.
Many of the colors of topaz occur naturally but some are created with a man-made heat process to enhance or change the color of the gem. Naturally deep blue topaz hardly ever occurs and is almost always a result of heat treating lighter stones. Pink also is a rare natural occurrence and is usually the heat treated version of yellow or brown topaz.
Location, Location, Location
Not just a real estate saying in the world of topaz the location it comes from means a lot. Russian topaz has a habit of fading over time. The most sought after topaz, and home of "Imperial Topaz" is Brazil. "Imperial Topaz" has the largest deposits in Ouro Preto, Brazil.
Imperial Topaz in Folklore
The mystique of topaz in general and "Imperial Topaz" in particular has captured the imagination of man for centuries. It was once thought to heal many physical and mental illnesses and ward off death. Roman soldiers often wore "Imperial Topaz" to war in the belief it would make them invisible to opponents. Many Romans also believed Topaz could improve eyesight, and ancient Egyptians believed amulets of topaz worn about the neck would prevent injuries.
Imperial Value
The "Imperial Topaz" is one of the more valued stones and can be hard to find. All topaz is tricky to cut and develop because it is prone to cracking while cutting which is often reflected in its price. Topaz is judged by the three 'Cs': color, cut, and clarity just like a diamond. The most important aspect when examining a topaz is the lack of impurities. A clear topaz is more valuable than an equal stone with marks, scratches, or cloudiness.
Care of the "Imperial Topaz"
While topaz is considered a hardy stone that is durable, it is still a fine gemstone that should be treated with reasonable care. The best care for any gemstone is prevention. Don't wear precious gems like "Imperial Topaz" while doing heavy or dirty work. Avoid wearing your topaz jewelry when asleep or playing active sports.
Cleaning topaz should be done with gentle cleaners, not harsh chemicals. While the Russian varieties are most prone to fading with exposure to light sources all topaz should be kept out of direct light and kept from exposure to heat as much as possible.
With proper care your "Imperial Topaz" jewelry will last a lifetime.
The beautiful topaz whose name comes from the Sanskrit for 'fire' comes in an amazing variety of colors to match any taste. It is the stone of choice for the 4th, 19th, and 23rd anniversary dates. With all of its amazing diversity it is the "Imperial Topaz" that has the most romantic and mystical qualities thanks to the impact of its regal bearing and royal interests.
The "Imperial Topaz" is always a rich, deep golden to reddish orange-yellow. While it is simply one of the many varieties of topaz "Imperial Topaz" is the stone of choice for investment seekers, and jewelry lovers alike and is the stone for the 23rd anniversary as well as the true topaz choice for November's birthstone. Its rick golden color has a luster unlike any other stone and its hardy nature makes it a natural for jewel settings.
Royal Blood
The variety of topaz that is often called "Imperial Topaz" is named that because pink and red varieties were often used in the crown jewels and other jewelry of the 18th and 19th century Czarinas of Russia. During that golden age of Russian monarchy topaz ruled supreme and was the sign of royalty that few if any people of lesser station could afford.
Durability
The varieties of topaz have a hardness level of 8. Measured on a scale of 1 - 10 with diamonds being at the very top, the topaz is still considered a hardy and durable gemstone that is hard to damage in the course of normal wear and care.
Variety
Variety is the spice of life and topaz has a lot of it. It comes in colors including orange, yellow, brown, light to deep sky blue, pink, white, purple, green, and sparkling clear that is often cut in the "brilliant" diamond cut to resemble it.
Many of the colors of topaz occur naturally but some are created with a man-made heat process to enhance or change the color of the gem. Naturally deep blue topaz hardly ever occurs and is almost always a result of heat treating lighter stones. Pink also is a rare natural occurrence and is usually the heat treated version of yellow or brown topaz.
Location, Location, Location
Not just a real estate saying in the world of topaz the location it comes from means a lot. Russian topaz has a habit of fading over time. The most sought after topaz, and home of "Imperial Topaz" is Brazil. "Imperial Topaz" has the largest deposits in Ouro Preto, Brazil.
Imperial Topaz in Folklore
The mystique of topaz in general and "Imperial Topaz" in particular has captured the imagination of man for centuries. It was once thought to heal many physical and mental illnesses and ward off death. Roman soldiers often wore "Imperial Topaz" to war in the belief it would make them invisible to opponents. Many Romans also believed Topaz could improve eyesight, and ancient Egyptians believed amulets of topaz worn about the neck would prevent injuries.
Imperial Value
The "Imperial Topaz" is one of the more valued stones and can be hard to find. All topaz is tricky to cut and develop because it is prone to cracking while cutting which is often reflected in its price. Topaz is judged by the three 'Cs': color, cut, and clarity just like a diamond. The most important aspect when examining a topaz is the lack of impurities. A clear topaz is more valuable than an equal stone with marks, scratches, or cloudiness.
Care of the "Imperial Topaz"
While topaz is considered a hardy stone that is durable, it is still a fine gemstone that should be treated with reasonable care. The best care for any gemstone is prevention. Don't wear precious gems like "Imperial Topaz" while doing heavy or dirty work. Avoid wearing your topaz jewelry when asleep or playing active sports.
Cleaning topaz should be done with gentle cleaners, not harsh chemicals. While the Russian varieties are most prone to fading with exposure to light sources all topaz should be kept out of direct light and kept from exposure to heat as much as possible.
With proper care your "Imperial Topaz" jewelry will last a lifetime.
Tuesday, July 24, 2012
How to Buy Mortgage Notes
When you think of a mortgage, you probably think of it as a way to finance the purchase or refinance of a home. Mortgage notes, however, can also be an investment option where you may be able to earn a return on your investment. Buying mortgage notes may also be referred to as hard money lending or private mortgages, where personal money is being used to fund the financing of a property. In exchange for buying mortgage notes, you receive monthly principal and interest payments on the amount of the note until the note is paid in full.
Find and contact a mortgage note broker. Mortgage note brokers or private mortgage brokers act as liaisons between investors looking to buy mortgage notes and borrowers. Use the yellow pages of your local phone book to locate and contact a local mortgage broker to see if they have any mortgage notes for sale.
Write up and sign a legal contract and promissory note. When you find a mortgage note or notes you want to buy, have an attorney draw up a legal contract between you as the mortgage note buyer and the borrower or seller of the mortgage note. A real estate attorney can draw up the contract as well as the promissory note for the transaction, which both the borrower and buyer must sign and agree to before it becomes a legally binding agreement between the two parties.
Establish and fund the escrow account. After all of the terms and conditions of the mortgage note purchase are in writing, you as the buyer must establish and fund the escrow account. This is the account where you deposit the money you're loaning to the borrower for the real estate purchase. The account is managed by a third party so that the doling out of the funds from the account is fair and equitable and in accordance with the terms of the written legal agreement.
Receive your returns on your investment. Each month, on a quarterly basis or in accordance with the terms set forth in the written agreement, you receive your checks from the escrow account, which is principal and interest on your mortgage note investment. This occurs until the note comes due and is paid in full.
Tips
The rate of return for a typical mortgage note can run anywhere from 12% to 15% for a mortgage note buyer.
The escrow account is also the depository for the monthly payments made on the mortgage by the borrower. When it's time for the mortgage investor to receive his monthly payment, the funds are disbursed from the escrow account as well.
Find and contact a mortgage note broker. Mortgage note brokers or private mortgage brokers act as liaisons between investors looking to buy mortgage notes and borrowers. Use the yellow pages of your local phone book to locate and contact a local mortgage broker to see if they have any mortgage notes for sale.
Write up and sign a legal contract and promissory note. When you find a mortgage note or notes you want to buy, have an attorney draw up a legal contract between you as the mortgage note buyer and the borrower or seller of the mortgage note. A real estate attorney can draw up the contract as well as the promissory note for the transaction, which both the borrower and buyer must sign and agree to before it becomes a legally binding agreement between the two parties.
Establish and fund the escrow account. After all of the terms and conditions of the mortgage note purchase are in writing, you as the buyer must establish and fund the escrow account. This is the account where you deposit the money you're loaning to the borrower for the real estate purchase. The account is managed by a third party so that the doling out of the funds from the account is fair and equitable and in accordance with the terms of the written legal agreement.
Receive your returns on your investment. Each month, on a quarterly basis or in accordance with the terms set forth in the written agreement, you receive your checks from the escrow account, which is principal and interest on your mortgage note investment. This occurs until the note comes due and is paid in full.
Tips
The rate of return for a typical mortgage note can run anywhere from 12% to 15% for a mortgage note buyer.
The escrow account is also the depository for the monthly payments made on the mortgage by the borrower. When it's time for the mortgage investor to receive his monthly payment, the funds are disbursed from the escrow account as well.
Monday, July 23, 2012
Some Information About The Typical Bankruptcy Process
As per bankruptcy rules and code bankruptcy filers are required to fill up a set of official forms as part of the legal module enacted to deal with individual debt problems and businesses. Bankruptcy courts have been designated for all districts across the country. These courts are headed by United States bankruptcy judges besides a judicial officer of the U.S. district court. Whether a debtor is eligible to file a bankruptcy or receive a discharge of debts is ultimately decided by the bankruptcy judge and the total administrative functions are handled by a trustee who is appointed to oversee the case. However, it is imperative for a bankruptcy filer to get proper personal bankruptcy advice prior to filing for a bankruptcy. The bankruptcy code outlines procedural requirements for a bankruptcy filing under either chapter 7, 11 or 13. When you are considering filing for a bankruptcy, you should have detailed information of qualification criteria under any of the aforesaid chapters. Here is a brief description of various bankruptcy filing processes.
Chapter 7 bankruptcy process:
When filing for personal bankruptcy, it is pertinent for you to know what is chapter 7 bankruptcy. A bankruptcy under chapter 7 entitles an applicant liquidation and discharge of personal liabilities through an orderly, court supervised procedure wherein the overseeing trustee takes over the assets of the debtor and converts them into cash to repay all the creditors. This excludes certain exempt property for which the debtor has a right to retain. Typically, a chapter 7 bankruptcy does not require the debtor to appear in the court and face the bankruptcy judge unless an objection is raised in the case by some creditor or creditors. But to qualify for a chapter 7 bankruptcy, a debtor must pass the Means Test.
Chapter 13 bankruptcy procedure:
If a debtor fails to pass the Means Test as mentioned above, he does not qualify for a chapter 7 personal bankruptcy but becomes eligible for a chapter 13 bankruptcy. However, chapter 13 bankruptcy laws are distinctly different from chapter 7 bankruptcy laws. While the debtor remains in charge of his property, he is required to repay his creditors in a time period of three to five years by proposing a plan that is approved by the creditors as well as the bankruptcy court. A debtor filing chapter 13 bankruptcy may have to appear before a bankruptcy judge to confirm the repayment plan through a formally arranged meeting at the office of the U.S. trustee which is called the 341 meeting.
Process for chapter 11 bankruptcy:
A chapter 11 bankruptcy process deals with small business enterprises which desire to continue operating their business. The bankruptcy code provides chapter 11 bankruptcy information, according to which the process entitles small business owners with a reorganization plan that is approved by the bankruptcy court 120 days after the business files for a bankruptcy, to repay the creditors. The court has the final authority to approve or disapprove the plan of reorganization. Thus, the debtor usually undergoes a period of consolidation and emerges with much reduced debts as well as reorganized business.
Chapter 7 bankruptcy process:
When filing for personal bankruptcy, it is pertinent for you to know what is chapter 7 bankruptcy. A bankruptcy under chapter 7 entitles an applicant liquidation and discharge of personal liabilities through an orderly, court supervised procedure wherein the overseeing trustee takes over the assets of the debtor and converts them into cash to repay all the creditors. This excludes certain exempt property for which the debtor has a right to retain. Typically, a chapter 7 bankruptcy does not require the debtor to appear in the court and face the bankruptcy judge unless an objection is raised in the case by some creditor or creditors. But to qualify for a chapter 7 bankruptcy, a debtor must pass the Means Test.
Chapter 13 bankruptcy procedure:
If a debtor fails to pass the Means Test as mentioned above, he does not qualify for a chapter 7 personal bankruptcy but becomes eligible for a chapter 13 bankruptcy. However, chapter 13 bankruptcy laws are distinctly different from chapter 7 bankruptcy laws. While the debtor remains in charge of his property, he is required to repay his creditors in a time period of three to five years by proposing a plan that is approved by the creditors as well as the bankruptcy court. A debtor filing chapter 13 bankruptcy may have to appear before a bankruptcy judge to confirm the repayment plan through a formally arranged meeting at the office of the U.S. trustee which is called the 341 meeting.
Process for chapter 11 bankruptcy:
A chapter 11 bankruptcy process deals with small business enterprises which desire to continue operating their business. The bankruptcy code provides chapter 11 bankruptcy information, according to which the process entitles small business owners with a reorganization plan that is approved by the bankruptcy court 120 days after the business files for a bankruptcy, to repay the creditors. The court has the final authority to approve or disapprove the plan of reorganization. Thus, the debtor usually undergoes a period of consolidation and emerges with much reduced debts as well as reorganized business.
Friday, July 20, 2012
The Budget Vs Expenses Comparison
When drawing up a personal budget, it is important to be mindful of the differences between your idealized personal expenses and the actual personal expenses that your budget expresses exist. Be sure that you are not delusional in thinking that your cash expenses are not that high or that you do not spend that much money in light of your documented budget stating otherwise. You need to think about small items that you may purchase throughout the week as well as your larger fixed expenses. If you have adequate income to meet your expenses in terms of your fixed costs (for example mortgage payments) and your necessities (food, etc.), then you have planned your budget correctly. If the opposite is true, it is time to examine some of the variables in your personal budget.
The first factor to ensure a balanced budget is to make certain that your personal income is capable of covering your life costs and necessary money expenses. If this is not the case, you need more income to cover these key items. There is no point in budgeting if you do not have the money to provide paper on which to write the facts and figures, so make sure that you have enough financial capacity to demonstrate the responsibility of paying the necessary bills and procuring the necessary items with which to function as a human being.
Once this has been established, you can now move on to your budget in an official sense. Make sure you are aware of your expenses and how to counteract your expenses by drawing up an effective budget to allocate your cash. Your budget should exhibit all of your expenses, even the unknown ones such as emergencies and unforeseen circumstances, so that you are visually aware of where you stand financially at all times by simply taking a look at the documented information. From that point, you are able to see where you went wrong with your fiscal planning and what can be done in the future to prevent any mistakes.
Assuming you did not make any budget mistakes, you are not able to process the personal expenses aspect of your budget in an area beyond known costs and fixed costs. This is where the comparison of budget to actual expenses comes heavily into play because you are not comparing what is left with what is desired. For example, if you want to install a backyard swimming pool and you notice that your budget has you coming up with about a hundred dollars extra per month after all known and fixed expenses you may deduct that it is not such a good idea. This will also allow you to see whether you are in a position to gain a personal loan or pay day advance.
These types of comparisons are important because they allow you to see, literally, into the future of your fiscal situation and create a climate of financial responsibility that will last a lifetime if implemented correctly. Although drawing up a budget may not be the most exciting task, it really can help you become more financially organized.
The first factor to ensure a balanced budget is to make certain that your personal income is capable of covering your life costs and necessary money expenses. If this is not the case, you need more income to cover these key items. There is no point in budgeting if you do not have the money to provide paper on which to write the facts and figures, so make sure that you have enough financial capacity to demonstrate the responsibility of paying the necessary bills and procuring the necessary items with which to function as a human being.
Once this has been established, you can now move on to your budget in an official sense. Make sure you are aware of your expenses and how to counteract your expenses by drawing up an effective budget to allocate your cash. Your budget should exhibit all of your expenses, even the unknown ones such as emergencies and unforeseen circumstances, so that you are visually aware of where you stand financially at all times by simply taking a look at the documented information. From that point, you are able to see where you went wrong with your fiscal planning and what can be done in the future to prevent any mistakes.
Assuming you did not make any budget mistakes, you are not able to process the personal expenses aspect of your budget in an area beyond known costs and fixed costs. This is where the comparison of budget to actual expenses comes heavily into play because you are not comparing what is left with what is desired. For example, if you want to install a backyard swimming pool and you notice that your budget has you coming up with about a hundred dollars extra per month after all known and fixed expenses you may deduct that it is not such a good idea. This will also allow you to see whether you are in a position to gain a personal loan or pay day advance.
These types of comparisons are important because they allow you to see, literally, into the future of your fiscal situation and create a climate of financial responsibility that will last a lifetime if implemented correctly. Although drawing up a budget may not be the most exciting task, it really can help you become more financially organized.
Thursday, July 19, 2012
Commercial Truck Lease - Bad Credit
If you are considering financing a semi truck or trailer, than you should know that now is the best time to buy. In today's weak economy, start-up and seasoned businesses have a great opportunity to get a very good deal on off lease and repo semi trucks, big rigs and over the road trucks.
It can be rough trying to find a good financing company in today's market for a truck semi trailer. The conventional ways of financing a truck, such as through a bank or dealer have subsided. Situations like this have caused many people to turn to secondary markets where repossession and off lease trucks and trailers are available for either a lease purchase or straight up cash buy. The good news is that ay secondary truck finance company will always have the trucks and trailers reconditioned.
The truck finance companies know that by fixing these trucks up they have a better chance to either re-lease them or sell them. However, if you happen to find yourself already in a lease purchase that you want to get out of, it can be tricky and scary. Although getting out of a lease agreement might hurt your financial situation and credit score, if you feel like you have no other choice, read your lease agreement very carefully and find out what the exact stipulations are. Ideally, you should have read through your lease purchase before signing it in the first place, so you should be at least somewhat familiar with the part of the lease which details terminating the lease. Lease terms vary widely If you have a month to month lease, usually you need to give notice in advance to know if you can even cancel it. If you have a good reason you want to cancel your lease purchase and you find someone to take over your truck note than you will have a better chance of getting out of it. Some semi truck lease companies will let you get out of a lease agreement early with minimal penalties. There are all sorts of reasons you will want or need to cancel your lease and while you are legally responsible for your lease, everyone understands that unforeseen circumstances do happen. If it's just because of a personal issue you want to get out of a lease than chances are you might not be able to get out of it. Semi truck prices vary depending on a number of factors such as model and the year the truck was bought. Financing a used semi truck can be done through a bank or private lender, so you can get to pay your seller the full amount, then worry about paying your lender on a monthly basis.
It can be rough trying to find a good financing company in today's market for a truck semi trailer. The conventional ways of financing a truck, such as through a bank or dealer have subsided. Situations like this have caused many people to turn to secondary markets where repossession and off lease trucks and trailers are available for either a lease purchase or straight up cash buy. The good news is that ay secondary truck finance company will always have the trucks and trailers reconditioned.
The truck finance companies know that by fixing these trucks up they have a better chance to either re-lease them or sell them. However, if you happen to find yourself already in a lease purchase that you want to get out of, it can be tricky and scary. Although getting out of a lease agreement might hurt your financial situation and credit score, if you feel like you have no other choice, read your lease agreement very carefully and find out what the exact stipulations are. Ideally, you should have read through your lease purchase before signing it in the first place, so you should be at least somewhat familiar with the part of the lease which details terminating the lease. Lease terms vary widely If you have a month to month lease, usually you need to give notice in advance to know if you can even cancel it. If you have a good reason you want to cancel your lease purchase and you find someone to take over your truck note than you will have a better chance of getting out of it. Some semi truck lease companies will let you get out of a lease agreement early with minimal penalties. There are all sorts of reasons you will want or need to cancel your lease and while you are legally responsible for your lease, everyone understands that unforeseen circumstances do happen. If it's just because of a personal issue you want to get out of a lease than chances are you might not be able to get out of it. Semi truck prices vary depending on a number of factors such as model and the year the truck was bought. Financing a used semi truck can be done through a bank or private lender, so you can get to pay your seller the full amount, then worry about paying your lender on a monthly basis.
Real Estate - The Best Way To Buy A Home
Buying real estate for the first time is one of those things that people seem to be expected to know how to do. Why is that? It is probably the largest investment an individual will ever make with their money and the importance of making a good decision goes well beyond financial considerations. Making a big mistake when deciding which house to purchase could lead to any number of undesirable results, including foreclosure down the line. If you are concerned about the pathway to home ownership, here are some tips to help you conquer this milestone in the best way possible.
Hiring an Agent
You don't have to hire a real estate agent to buy a home, but first time buyers would be wise to do so. Yes, it costs money and you're probably trying to save every penny you can right now, but there are many benefits to having an agent on your side. One of the main benefits is being able to outline your budget and what you're looking for in a house and then having appropriate listings brought back to you. This can save you a lot of time and frustration. You may also be privy to listings that aren't on the market yet, putting you in prime position to make an offer.
Take Your Time
Buying real estate isn't something you want to do in an afternoon. While you don't want to miss out on the house of your dreams by dilly-dallying on a decision, you're probably better off letting it get away than you would be buying something you only realize later wasn't your best option. It's one thing to feel buyer's remorse after purchasing an expensive stereo system at the mall. It's quite another to feel it after buying a house. Take a couple of months and really research your options.
Taking Out a Loan
This is one of the trickier parts of the real estate racket, although it usually isn't nearly as challenging as home buyers think it will be. Loan offices and banks, after all, are quite accustomed to lending money to people who want to buy a house, even if this is a foreign world for you. Don't wait until you have your heart set on a house to get loan preapproval from a financial institution. This will open up many more sellers, as some will not consider an offer unless they know the buyer will qualify for a loan.
Hiring an Agent
You don't have to hire a real estate agent to buy a home, but first time buyers would be wise to do so. Yes, it costs money and you're probably trying to save every penny you can right now, but there are many benefits to having an agent on your side. One of the main benefits is being able to outline your budget and what you're looking for in a house and then having appropriate listings brought back to you. This can save you a lot of time and frustration. You may also be privy to listings that aren't on the market yet, putting you in prime position to make an offer.
Take Your Time
Buying real estate isn't something you want to do in an afternoon. While you don't want to miss out on the house of your dreams by dilly-dallying on a decision, you're probably better off letting it get away than you would be buying something you only realize later wasn't your best option. It's one thing to feel buyer's remorse after purchasing an expensive stereo system at the mall. It's quite another to feel it after buying a house. Take a couple of months and really research your options.
Taking Out a Loan
This is one of the trickier parts of the real estate racket, although it usually isn't nearly as challenging as home buyers think it will be. Loan offices and banks, after all, are quite accustomed to lending money to people who want to buy a house, even if this is a foreign world for you. Don't wait until you have your heart set on a house to get loan preapproval from a financial institution. This will open up many more sellers, as some will not consider an offer unless they know the buyer will qualify for a loan.
Refund of Service Tax
Service Tax, as the name suggests is a tax leviable on all duties. It is a tax levied on the transactions of the facility specified by the Central Government under the finance Act, 1994. It is an indirect tax (akin to Excise duty or Sales tax), which means the service provider pays the tax and recovers the amount from the recipient of the taxable work.
Service Tax is generally recovered by Assessee in two ways:
By utilizing the same as in the form of Cenvat Credit, or
By Claiming the Refund.
Any Assessee can utilize the amount of duty paid by him in excess by adjusting the same with the duty amount paid in subsequent period. Refund of tax can be claimed by Assessee where self- adjustment of Service Tax is not feasible.
Refund of Service Tax generally happens in case of export oriented companies (STPI, SEZ, EOU units) which export their final product/duty, as no tax is levied by Government to promote the export. Such companies disburse excise on the input/output assistance procured by them but are not able to utilize the Cenvat Credit because no due is received by them on export of their services. As a result, such companies have to opt the procedure of claiming refund for unutilized cenvat (tax) credit.
The Export Oriented Units, especially the STPI units have been facing many hurdles and difficulties while claiming the service tax refunds. There had been inordinate delays towards the scrutiny of refund applications coupled with rejections of the claimed amounts due to various reasons by the designated authorities, primary reasons being:
Time Limitation for the refund claim of duties.
Relevant date for the calculation of limitation period in respect of filing the refund claim.
Implication of the Principle of Doctrine of Unjust Enrichment.
Submission of separate Foreign Exchange Remittance Certificate (FIRC) in case of segregated export of goods & utilities.
Submission of Original documents such as Invoice, BL, SB, BRC etc.
The Central Board of Excise & Customs is seized of this matter and has been regularly clarifying on this issue through various clarifications/Notifications covering many procedural issues with respect to refund of service tax paid. It has settled many issues like the time within which the refund claim shall be filed, acceptance of certified photocopies as a valid document, submission of self-certified statement along with FIRCs etc.
Despite various initiatives taken by the department, there has been a huge pendency of tax refunds primarily because of the incomplete documentation by the claimants, tedious process of physical verification of documents submitted to the department and the difference of perception between the claimant and the department regarding the admissibility of input services eligible for refund.
There are many specialized Service Tax Consultant in Delhi, NCR that helps companies in sorting out the problems they face related to tax. But it is always advisable to do some serious research before contacting a STPI Consultant in Delhi.
Service Tax is generally recovered by Assessee in two ways:
By utilizing the same as in the form of Cenvat Credit, or
By Claiming the Refund.
Any Assessee can utilize the amount of duty paid by him in excess by adjusting the same with the duty amount paid in subsequent period. Refund of tax can be claimed by Assessee where self- adjustment of Service Tax is not feasible.
Refund of Service Tax generally happens in case of export oriented companies (STPI, SEZ, EOU units) which export their final product/duty, as no tax is levied by Government to promote the export. Such companies disburse excise on the input/output assistance procured by them but are not able to utilize the Cenvat Credit because no due is received by them on export of their services. As a result, such companies have to opt the procedure of claiming refund for unutilized cenvat (tax) credit.
The Export Oriented Units, especially the STPI units have been facing many hurdles and difficulties while claiming the service tax refunds. There had been inordinate delays towards the scrutiny of refund applications coupled with rejections of the claimed amounts due to various reasons by the designated authorities, primary reasons being:
Time Limitation for the refund claim of duties.
Relevant date for the calculation of limitation period in respect of filing the refund claim.
Implication of the Principle of Doctrine of Unjust Enrichment.
Submission of separate Foreign Exchange Remittance Certificate (FIRC) in case of segregated export of goods & utilities.
Submission of Original documents such as Invoice, BL, SB, BRC etc.
The Central Board of Excise & Customs is seized of this matter and has been regularly clarifying on this issue through various clarifications/Notifications covering many procedural issues with respect to refund of service tax paid. It has settled many issues like the time within which the refund claim shall be filed, acceptance of certified photocopies as a valid document, submission of self-certified statement along with FIRCs etc.
Despite various initiatives taken by the department, there has been a huge pendency of tax refunds primarily because of the incomplete documentation by the claimants, tedious process of physical verification of documents submitted to the department and the difference of perception between the claimant and the department regarding the admissibility of input services eligible for refund.
There are many specialized Service Tax Consultant in Delhi, NCR that helps companies in sorting out the problems they face related to tax. But it is always advisable to do some serious research before contacting a STPI Consultant in Delhi.
Monday, July 16, 2012
How Auto Loans With Bad Credit Are So Accessible For Everyone
When seeking a loan, applicants with poor credit histories usually fret over the chances of getting the thumbs up. But even a rock bottom credit score is not enough to see an application rejected. The reason why it is possible to get auto loans with bad credit scores is that credit histories are now often ignored completely.
The development of no credit check approval processes now means that even an applicant with a score of 350 can be approved, as long as the other key elements are in order. Bad credit usually means the interest rates are raised, and perhaps the size of the loan is reduced.
However, the important thing is that approval of the auto loan is made almost certain, thus ensuring a route towards much-needed finances to purchase your new car.
The Advantages of No Credit Checks
The availability of loans through no credit check procedures benefits practically everyone. As far as the borrower is concerned, the stress that can come with seeking an auto loan with bad credit can be by-passed. As long as their income and debt-to-income ratio are in order, approval is practically assured, so there are no sleepless nights.
As far as the lender is concerned, no credit check approval is a route to greater profits, with the risk from waiving their right to check entitling them to charge higher rates of interest. Of course, there is also the higher chance of loan default, but by and large, borrowers stick to their repayment schedule to help improve their own credit ratings anyway.
And in any case, the greater the number of auto loans approved by the lender, the greater the number of sources of income there are from which to increase revenue. So, from both perspectives, there are benefits to be enjoyed.
Loans to Consider
The two main types of loans available on the market are secured and unsecured loans. It is no secret that unsecured loans are generally harder to get approval on. The good news is that in applying for an auto loan with bad credit, there is already collateral provided in the form of the car being purchased.
This security makes the loan safe to a certain extent, and explains why, even with no credit check, approval is still forthcoming from lenders. They have something with which to be compensated in the event that the borrower defaults on the loan.
However, there is still the need to prove that repayments on the auto loan are affordable, and that the source of income can be relied upon. These two factors override the car as collateral, since lenders are happier to receive repayments on schedule rather than have to convert collateral into cash.
Finding the Best Loan
The fact that the best loan deals are available online is no great secret to anyone, so applying for an auto loan with bad credit online makes perfect sense. The range of loan options is actually quite extensive, ensuring there are terms to suit every financial situation. Comparison websites make the task of sifting through the multitude of offers simple and quick.
But that is not to say that traditional lenders should be ignored. If your relationship with your bank is good, then they may be able to provide a special deal. However, a no credit check approval process is not common. The advantage is that your bank already knows your financial situation and character already.
And remember, when securing a loan of any type online, not just an auto loan, it is important to check out the reputation of the lender on the Better Business Bureau website before agreeing to anything.
The development of no credit check approval processes now means that even an applicant with a score of 350 can be approved, as long as the other key elements are in order. Bad credit usually means the interest rates are raised, and perhaps the size of the loan is reduced.
However, the important thing is that approval of the auto loan is made almost certain, thus ensuring a route towards much-needed finances to purchase your new car.
The Advantages of No Credit Checks
The availability of loans through no credit check procedures benefits practically everyone. As far as the borrower is concerned, the stress that can come with seeking an auto loan with bad credit can be by-passed. As long as their income and debt-to-income ratio are in order, approval is practically assured, so there are no sleepless nights.
As far as the lender is concerned, no credit check approval is a route to greater profits, with the risk from waiving their right to check entitling them to charge higher rates of interest. Of course, there is also the higher chance of loan default, but by and large, borrowers stick to their repayment schedule to help improve their own credit ratings anyway.
And in any case, the greater the number of auto loans approved by the lender, the greater the number of sources of income there are from which to increase revenue. So, from both perspectives, there are benefits to be enjoyed.
Loans to Consider
The two main types of loans available on the market are secured and unsecured loans. It is no secret that unsecured loans are generally harder to get approval on. The good news is that in applying for an auto loan with bad credit, there is already collateral provided in the form of the car being purchased.
This security makes the loan safe to a certain extent, and explains why, even with no credit check, approval is still forthcoming from lenders. They have something with which to be compensated in the event that the borrower defaults on the loan.
However, there is still the need to prove that repayments on the auto loan are affordable, and that the source of income can be relied upon. These two factors override the car as collateral, since lenders are happier to receive repayments on schedule rather than have to convert collateral into cash.
Finding the Best Loan
The fact that the best loan deals are available online is no great secret to anyone, so applying for an auto loan with bad credit online makes perfect sense. The range of loan options is actually quite extensive, ensuring there are terms to suit every financial situation. Comparison websites make the task of sifting through the multitude of offers simple and quick.
But that is not to say that traditional lenders should be ignored. If your relationship with your bank is good, then they may be able to provide a special deal. However, a no credit check approval process is not common. The advantage is that your bank already knows your financial situation and character already.
And remember, when securing a loan of any type online, not just an auto loan, it is important to check out the reputation of the lender on the Better Business Bureau website before agreeing to anything.
Grants For Troubled Teen Programs
Loans are available for parents who belong to low income groups to pay for placing their troubled adolescent children in reform or rehabilitation facilities. Loans are given by Government agencies and are dispersed by financial institutions. Parents can get the loans if they send the teen to institutions, schools or programs that are considered reputed institutions by lending agencies. Parents of low income groups can get low cost financial assistance at a low rate of interest to help their children attend reform programs that will make them responsible citizens.
Scholarships and loans are available for every type of reform program for troubled teens, Financial aid is available in the form of scholarships and education loans for paying for residential school internships, boarding school education, wilderness programs and boot camps. The only consideration is that the schools should be licensed and recognized teen rehab programs. Loans cover all the education needs of the student in these programs which can cost between 00- 9000 per month. Work for pay programs for troubled teens is popular because it reduces the burden on the budget of parents.
The benefits of taking financial aid for reform programs for troubled teens are that parents can get the best possible option for the rehabilitation of their trouble teen. They can get a loan to pay for programs that address the specific needs of their adolescent. The teen can get the help for his or her unique needs. Short term and long term loans are available. Loans and the rates of interest can be tailored to the payment capabilities of parents of troubled teens. With the advent of the internet, parents can shop among the many loan choices available and choose the loan that fits their repayment capability and covers the rehab program that suits their child best.
Before taking a loan, parents must consider the rules and regulations of the program. They must choose the loan with the lowest interest rate and the convenience of the repayment plan. Some programs like military boot camps for troubled teens have rigid expulsion rules. If the teen is expelled readmission is not permitted and the fees are forfeited. This may cause hardship to parents who have taken a loan to reform their child. Some programs offer scholarships to adolescents who make a sincere effort to reform. Parents should apply for loans that take into consideration the fact that the child is troubled and may not complete the course of rehabilitation.
Experts believe that parents should explore all options before taking a loan to send their child for rehabilitation. The loan must have affordable terms that fit into the parents' budget. The rates of interest charged by the financial institution should be affordable. Parents should discuss all financial benefits with the program administrators before choosing a program. A choice should be made after exploring several financial aid options available to parents. The loan should cover all the expenses that will be required to help the troubled teen to successfully complete the program.
Education loans and scholarships are available for parents of troubled teens to give them the best possible options to turn their life around and become responsible adults.
Scholarships and loans are available for every type of reform program for troubled teens, Financial aid is available in the form of scholarships and education loans for paying for residential school internships, boarding school education, wilderness programs and boot camps. The only consideration is that the schools should be licensed and recognized teen rehab programs. Loans cover all the education needs of the student in these programs which can cost between 00- 9000 per month. Work for pay programs for troubled teens is popular because it reduces the burden on the budget of parents.
The benefits of taking financial aid for reform programs for troubled teens are that parents can get the best possible option for the rehabilitation of their trouble teen. They can get a loan to pay for programs that address the specific needs of their adolescent. The teen can get the help for his or her unique needs. Short term and long term loans are available. Loans and the rates of interest can be tailored to the payment capabilities of parents of troubled teens. With the advent of the internet, parents can shop among the many loan choices available and choose the loan that fits their repayment capability and covers the rehab program that suits their child best.
Before taking a loan, parents must consider the rules and regulations of the program. They must choose the loan with the lowest interest rate and the convenience of the repayment plan. Some programs like military boot camps for troubled teens have rigid expulsion rules. If the teen is expelled readmission is not permitted and the fees are forfeited. This may cause hardship to parents who have taken a loan to reform their child. Some programs offer scholarships to adolescents who make a sincere effort to reform. Parents should apply for loans that take into consideration the fact that the child is troubled and may not complete the course of rehabilitation.
Experts believe that parents should explore all options before taking a loan to send their child for rehabilitation. The loan must have affordable terms that fit into the parents' budget. The rates of interest charged by the financial institution should be affordable. Parents should discuss all financial benefits with the program administrators before choosing a program. A choice should be made after exploring several financial aid options available to parents. The loan should cover all the expenses that will be required to help the troubled teen to successfully complete the program.
Education loans and scholarships are available for parents of troubled teens to give them the best possible options to turn their life around and become responsible adults.
Sunday, July 15, 2012
SmartSnipe-latest generation of auction-sniping tools.
Smart Snipe Bidding Tools
SmartSnipe is the fastest, easiest & yes, the smartest way to increase your chances of winning ANY eBay auction no matter how popular the auction. Smart Snipe is a online bid site like Auction Bid , Snipping Tool , Auction Software , Auction Snipe , Auctions , Bid , Auction Sites , Online Auction Site , Ebay.us , Auctions Site , AuctionTamer , Auction , Auction Bidding , Ebay Bidding , Snipe Auctions , Auction Sniping and also Smart Snipe provides all international Languages .
SmartSnipe is the latest generation of auction-sniping tools:
Whether you're new to eBay or a veteran user, we have just the right tools to get you on the right track.
We studied eBay's architecture, looked at thousands upon thousands of bid results. Then we lovingly hand-crafted every line of code in SmartSnipe to be blazingly fast and amazingly smart. The result is an auction sniping machine that really works!
Talk is Cheap So Here's Your Proof.
Signup now for a Free Trial of SmartSnipe. Test us out the next time that you find an absolutely "must have" item on eBay. Just enter the auction details in the easy-to-use biding control panel and then get ready for that package to arrive at your door! It doesn't get any easier than that.
Information :
SmartSnipe waits until the last possible moment before the auction ends and places the smallest bid necessary to make you the winner. As long as the amount needed to win is not over the maximum you are willing to bid, the chances are you'll be getting that exciting "You won!" e-mail from eBay.
Because SmartSnipe is engineered to slam your bid in at the last possible moment, other bidders have no time to react. While we can't guarantee that you'll win EVERY auction, our users tell us that they're winning more auctions than ever before since they started using SmartSnipe.
Smart Snipe Online Bidding Features:
Bid Groups let you combine multiple auctions into one logical management unit and tell SmartSnipe what to do with the remaining auctions after you win one or more.
Schedule SmartSnipe to perform automated eBay searches for new auctions that contain keywords you define. SmartSnipe notifies you by email whenever it finds a match.
View all active bids from one convenient window and see all inactive, won and lost bids for the past 60 days.
Price:
SmartSnipe.com is absolutely FREE during this special trial period, no registration fee or other hidden charges apply.
SmartSnipe is the fastest, easiest & yes, the smartest way to increase your chances of winning ANY eBay auction no matter how popular the auction. Smart Snipe is a online bid site like Auction Bid , Snipping Tool , Auction Software , Auction Snipe , Auctions , Bid , Auction Sites , Online Auction Site , Ebay.us , Auctions Site , AuctionTamer , Auction , Auction Bidding , Ebay Bidding , Snipe Auctions , Auction Sniping and also Smart Snipe provides all international Languages .
SmartSnipe is the latest generation of auction-sniping tools:
Whether you're new to eBay or a veteran user, we have just the right tools to get you on the right track.
We studied eBay's architecture, looked at thousands upon thousands of bid results. Then we lovingly hand-crafted every line of code in SmartSnipe to be blazingly fast and amazingly smart. The result is an auction sniping machine that really works!
Talk is Cheap So Here's Your Proof.
Signup now for a Free Trial of SmartSnipe. Test us out the next time that you find an absolutely "must have" item on eBay. Just enter the auction details in the easy-to-use biding control panel and then get ready for that package to arrive at your door! It doesn't get any easier than that.
Information :
SmartSnipe waits until the last possible moment before the auction ends and places the smallest bid necessary to make you the winner. As long as the amount needed to win is not over the maximum you are willing to bid, the chances are you'll be getting that exciting "You won!" e-mail from eBay.
Because SmartSnipe is engineered to slam your bid in at the last possible moment, other bidders have no time to react. While we can't guarantee that you'll win EVERY auction, our users tell us that they're winning more auctions than ever before since they started using SmartSnipe.
Smart Snipe Online Bidding Features:
Bid Groups let you combine multiple auctions into one logical management unit and tell SmartSnipe what to do with the remaining auctions after you win one or more.
Schedule SmartSnipe to perform automated eBay searches for new auctions that contain keywords you define. SmartSnipe notifies you by email whenever it finds a match.
View all active bids from one convenient window and see all inactive, won and lost bids for the past 60 days.
Price:
SmartSnipe.com is absolutely FREE during this special trial period, no registration fee or other hidden charges apply.
Debit Card Advance-Resolve small cash problems with no complexity
Are you worrying as you are facing small financial crunches? Have no money to pay them off as your payday is finished? If you own a valid debit card, right here you can find a quick fix financial solution for you. Debit card advance is a hassle free fiscal aid that provides you easy and fast additional finance by applying with debit card advance. One can simply solve his multiple cash requirement without any delay with the help of these loans.
If you are facing the situation when your monthly income is exhausted and expenses are yet to be paid off, rely upon debit card advance. This is a swift monetary support for people with the help of which you can have quick money. The loan amount that you can borrow is small that is secured against your debit card. You are allowed to borrow up to 1500 with easy repayment period of 14 to 31 days. Do not worry about any collateral arrangement as this is absolute collateral free loan form.
Getting the help of cash advance debit card can be really easy by using the online method. You do not have to face lots of faxing and preparation of documents. Rather, just single online application loan form is required to complete. Once you get the approval, the money will transfer in your checking account within hours.
For the hassle free approval of debit card advance, borrower should be qualified from several terms required, such as:
1. He should hold a valid bank account associated with the debit card. 2. He should be a permanent inhabitant of UK. 3. He must attain the age of eighteen years or more. 4. He should be currently employed in reputed organization. 5. The monthly income should be the minimum of 1000 per month.
Are you messed up with bad credit scores? Having several bad factors like CCJ, arrears, deferred payments etc. do not indicate good sign to get approved for external financial source. Now, do not hesitate and get the quick help with debit card advance without any credit hassle. You are welcome to avail these loans irrespective of holding well enough credit scores or poor credit ratings.
If you are facing the situation when your monthly income is exhausted and expenses are yet to be paid off, rely upon debit card advance. This is a swift monetary support for people with the help of which you can have quick money. The loan amount that you can borrow is small that is secured against your debit card. You are allowed to borrow up to 1500 with easy repayment period of 14 to 31 days. Do not worry about any collateral arrangement as this is absolute collateral free loan form.
Getting the help of cash advance debit card can be really easy by using the online method. You do not have to face lots of faxing and preparation of documents. Rather, just single online application loan form is required to complete. Once you get the approval, the money will transfer in your checking account within hours.
For the hassle free approval of debit card advance, borrower should be qualified from several terms required, such as:
1. He should hold a valid bank account associated with the debit card. 2. He should be a permanent inhabitant of UK. 3. He must attain the age of eighteen years or more. 4. He should be currently employed in reputed organization. 5. The monthly income should be the minimum of 1000 per month.
Are you messed up with bad credit scores? Having several bad factors like CCJ, arrears, deferred payments etc. do not indicate good sign to get approved for external financial source. Now, do not hesitate and get the quick help with debit card advance without any credit hassle. You are welcome to avail these loans irrespective of holding well enough credit scores or poor credit ratings.
Saturday, July 14, 2012
Va Home Loans After Bankruptcy
Many veterans these days are finding that once they exit the service buying a home is the next move. The dream of owning your own place after travelling around the world in the military is really appealing. You may know about VA home loans and be wondering what assistance they can offer you. However, if you have bad credit due to bankruptcy you may also worry that your poor credit score will disqualify you from the benefits of a VA home mortgage.
Credit Checks by the VA
When you want to apply for a home loan through a VA sponsored lender, they will review your credit as with any other loan. The presence of a Chapter 7 Bankruptcy is the biggest point against you in getting the money you need. Chapter 7 is when all debt is expunged without any form of repayment.
Generally, you need to wait a minimum of two years once the bankruptcy is processed to even consider getting a loan. However, the circumstances of that bankruptcy (such as medical bills) can influence the likelihood of getting a mortgage sooner. Generally, if the circumstances were out of your control and not simply a result of poor financial planning and reckless spending, you are more likely to get a VA loan despite your Chapter 7 status. The same rules for Chapter 7 will apply in cases of foreclosure.
It is important to note, though, that those who have filed Chapter 13 bankruptcy, which is when there is still some repayment in place at a lower rate, can apply for VA home loans sooner than those with Chapter 7. The only caveat of getting a VA home loan with Chapter 13 on your record is that you must prove at least 12 months of current repayment on the loans that remain post-bankruptcy.
Taking Steps to Improve Your Score
One of the best ways to ensure that you can get the VA home loan that you want is to take concentrated steps towards improving your current credit score. This way, lenders will see that you have reformed your ways and are ready to take on the responsibility of owning a home. This process begins after completing the bankruptcy paperwork and going through court. At this point it is important to make sure that the three major credit bureaus TransUnion, Equifax, and Experian have your bankruptcy on their record and have taken off your old debts.
After this is complete, you should take out at least two new secured credit card accounts to help build up your financial record post-bankruptcy. Secured credit cards are given to you after you deposit the credit amount (0 is a good figure) with the company. You then make purchases with the cards and repay them each month. To help build credit, only make purchases up to 50% of the credit (0) and repay the total balance each month. Your credit will improve rapidly with this method.
Getting a Secured Card
The good news is that secured credit cards are widely available online through private lenders. Doing a simple web search for the terms secured credit cards will give you literally dozens of lenders to choose from who can help you today. After bankruptcy, getting the VA home loan that you need can be tough, but building your credit over time through a secured credit card can help speed up that process.
Credit Checks by the VA
When you want to apply for a home loan through a VA sponsored lender, they will review your credit as with any other loan. The presence of a Chapter 7 Bankruptcy is the biggest point against you in getting the money you need. Chapter 7 is when all debt is expunged without any form of repayment.
Generally, you need to wait a minimum of two years once the bankruptcy is processed to even consider getting a loan. However, the circumstances of that bankruptcy (such as medical bills) can influence the likelihood of getting a mortgage sooner. Generally, if the circumstances were out of your control and not simply a result of poor financial planning and reckless spending, you are more likely to get a VA loan despite your Chapter 7 status. The same rules for Chapter 7 will apply in cases of foreclosure.
It is important to note, though, that those who have filed Chapter 13 bankruptcy, which is when there is still some repayment in place at a lower rate, can apply for VA home loans sooner than those with Chapter 7. The only caveat of getting a VA home loan with Chapter 13 on your record is that you must prove at least 12 months of current repayment on the loans that remain post-bankruptcy.
Taking Steps to Improve Your Score
One of the best ways to ensure that you can get the VA home loan that you want is to take concentrated steps towards improving your current credit score. This way, lenders will see that you have reformed your ways and are ready to take on the responsibility of owning a home. This process begins after completing the bankruptcy paperwork and going through court. At this point it is important to make sure that the three major credit bureaus TransUnion, Equifax, and Experian have your bankruptcy on their record and have taken off your old debts.
After this is complete, you should take out at least two new secured credit card accounts to help build up your financial record post-bankruptcy. Secured credit cards are given to you after you deposit the credit amount (0 is a good figure) with the company. You then make purchases with the cards and repay them each month. To help build credit, only make purchases up to 50% of the credit (0) and repay the total balance each month. Your credit will improve rapidly with this method.
Getting a Secured Card
The good news is that secured credit cards are widely available online through private lenders. Doing a simple web search for the terms secured credit cards will give you literally dozens of lenders to choose from who can help you today. After bankruptcy, getting the VA home loan that you need can be tough, but building your credit over time through a secured credit card can help speed up that process.
Monday, July 9, 2012
Is Debt Consolidation An Option For My Payday Loan? Part 2
In part 1 we talked about what a debt consolidation loan is and if it is an option for your payday loan. We also talked about how to find a reputable company for debt consolidation and how debt management and debt settlement are different. Now, we need to discuss How To Avoid Debt Consolidation Scams.
There are several different things to look for when it comes to choosing a debt consolidation company. Just like any other company you would do business with, there are certain red flags that may come up when choosing to enter into an agreement. The first is to make sure you are not being pushed into using a company's service. If the representative is aggressive, trying to get you to make a decision immediately, it's a sign to turn the other way. They most likely aren't looking out for your best interest but are merely trying to make a sale. Who knows how they will deal with your payday loan lender if they are treating you that way.
Another telltale sign that you should walk away is if the company tries to sell you services other than debt consolidation. They may use the idea of consolidation to get you in the door but once your in they may start talking about negotiating with your creditors to get your principal balances down. This is debt settlement, not consolidation and a much riskier option to take; one that should be used only as a last resort. In the case of a payday loan, you would have to come up with a lump sum of money in order to pay off your lender. If you are looking to consolidate, then most likely you don't have the total amount owed on your loan.
Other things to look out for is if the company tells you that your consolidation will be a "quick fix". There's no such thing! It's a process but one that is well worth it if you are diligent on making your payments because your payday loan will be paid off along with your other debts. Also, if the company makes you feel uncomfortable in any way, find another. If they are not willing to take the time to hear about your situation and take into consideration your concerns, they don't have your best interest in mind.
Looking at the "bottom line" should be what makes or breaks getting a consolidation loan. If the numbers don't add up and make sense, then you may need to reconsider. Remember, any company you go with will charge you fees. This should be the deciding factor on whether or not you want to move forward with consolidating your payday loan and other debt. Even if they are non-profit.
A company may or may not charge you upfront fees being that they make their money off the interest you pay. Are you able to pay the fees? Keep in mind you will still be paying interest on your debts as well. The point of consolidation is to get a lower interest rate overall but how long is your loan term? What's the point of getting a lower interest rate only to have your payment term twice as long? You could end up paying more in the long run.
Add up the amount of upfront fees you will pay plus the total interest you will pay over the life of the loan. Then add up the amount of interest you would pay with your current debt over the same amount of time and compare the two. If you aren't going to save any money by consolidating, you may want to rethink this one. If you are still on the fence because you really want that lower payment and know you will struggle to pay multiple bills like you have been doing, consolidation may still be an option. A more costly option, though.
Whatever you decide, do your research, look at several different companies, work the numbers and take time to make a thoughtful decision. If you don't, it may cost you in the end!
There are several different things to look for when it comes to choosing a debt consolidation company. Just like any other company you would do business with, there are certain red flags that may come up when choosing to enter into an agreement. The first is to make sure you are not being pushed into using a company's service. If the representative is aggressive, trying to get you to make a decision immediately, it's a sign to turn the other way. They most likely aren't looking out for your best interest but are merely trying to make a sale. Who knows how they will deal with your payday loan lender if they are treating you that way.
Another telltale sign that you should walk away is if the company tries to sell you services other than debt consolidation. They may use the idea of consolidation to get you in the door but once your in they may start talking about negotiating with your creditors to get your principal balances down. This is debt settlement, not consolidation and a much riskier option to take; one that should be used only as a last resort. In the case of a payday loan, you would have to come up with a lump sum of money in order to pay off your lender. If you are looking to consolidate, then most likely you don't have the total amount owed on your loan.
Other things to look out for is if the company tells you that your consolidation will be a "quick fix". There's no such thing! It's a process but one that is well worth it if you are diligent on making your payments because your payday loan will be paid off along with your other debts. Also, if the company makes you feel uncomfortable in any way, find another. If they are not willing to take the time to hear about your situation and take into consideration your concerns, they don't have your best interest in mind.
Looking at the "bottom line" should be what makes or breaks getting a consolidation loan. If the numbers don't add up and make sense, then you may need to reconsider. Remember, any company you go with will charge you fees. This should be the deciding factor on whether or not you want to move forward with consolidating your payday loan and other debt. Even if they are non-profit.
A company may or may not charge you upfront fees being that they make their money off the interest you pay. Are you able to pay the fees? Keep in mind you will still be paying interest on your debts as well. The point of consolidation is to get a lower interest rate overall but how long is your loan term? What's the point of getting a lower interest rate only to have your payment term twice as long? You could end up paying more in the long run.
Add up the amount of upfront fees you will pay plus the total interest you will pay over the life of the loan. Then add up the amount of interest you would pay with your current debt over the same amount of time and compare the two. If you aren't going to save any money by consolidating, you may want to rethink this one. If you are still on the fence because you really want that lower payment and know you will struggle to pay multiple bills like you have been doing, consolidation may still be an option. A more costly option, though.
Whatever you decide, do your research, look at several different companies, work the numbers and take time to make a thoughtful decision. If you don't, it may cost you in the end!
Sunday, July 8, 2012
Learn Who To Use Subliminal Messages In Every Day Life
Subliminal Messaging Making it work for you with ease
Subliminal refers to the brain and its function that gives direction to the individual's thoughts. It is that part of the brain that is below the threshold of sensation or below the normal consciousness. The normal conscious part of your brain makes up roughly 20 percent of the brain and the remaining 80 percent is the subconscious.
Subliminal messaging differs from the power of suggestion in that subliminal messaging affects the sub consciousness
There are some who hold that the sub conscious part of the brain recycles all that has happened to the conscious part of the brain during the day. This recycling occurs during your rest period. Most predominately at night when you are in a very deep sleep. All of the thoughts and actions are filed away in the sub conscious or the subliminal area of the brain. The thoughts and actions are called upon by the conscious part of the brain as you need them.
Subliminal messages are a part of your unrecognized conscious thoughts that are picked up by the ears, eyes, nose, and touch and conveyed to the sub conscious area of the brain.
Here is a quick example of subliminal messaging. A young couple posted a picture of their dream home on the refrigerator and started saving to buy the home. Several months latter the young couple saw a power lawn mower at a garden center. They immediately bought the lawn mower. When they arrived home they discovered that they had a ten foot by twenty foot lawn and no need for a lawn mower.
A closer look at the picture of their dream home showed the exact same lawn mower parked on the front lawn. This is subliminal messaging at its best.
You can choose the direction of your subliminal thoughts by focusing on the things you wish to change in your life. One of the simplest ways to direct your subliminal thoughts are to acquire video tapes on your subject of interest.
Should you not wish to view videos because you fear of what they may contain, you may write down your desired changes. Affirmations are powerful tools. Write down several, formulate them positive and in present tense. Read through them once a day and magic will happen
Always word your affirmation in the present tense. Such as I me, my.
Write down a plan of the things you are trying to change about yourself.
Try to get to the root cause of the things you wish to change. Why do you overeat, how did your get into this financial mess. Give your self a way out, a plan of action, such as I will never buy on credit again.
Read through your present tense list daily.
Subliminal messaging is very safe and can be most helpful when used to bring order to your life. The sights and sounds are all around you constantly bombarding you with things to buy and see.
You have only to make a conscious effort to suppress the things that are of no value to you, such as spending your money on impulse items.
When you start applying the principals of subliminal messaging you will learn to control the subliminal process and apply those things that will bring happiness to your life. You can learn to control your anger, fear, frustration and learn how others affect you and your daily life.
There is nothing to fear about subliminal messaging it is normal and it is a part of you. You owe it to your self to investigate and learn how this remarkable part of your brain functions. The more you learn about subliminal messaging you will understand how easily it is to control your life.
Go to subliminal message and make your selection from the library of videos that will show you how to improve your powerful seduction, make money while you sleep, balanced presence of mind, preparation for power, How to make 0,000 in 30 days if that is what you want.
Just let the subliminal messages come through tonight and enjoy them in the morning. I know you will be an improved you in what ever you choose. It is your decision to improve your life.
Subliminal refers to the brain and its function that gives direction to the individual's thoughts. It is that part of the brain that is below the threshold of sensation or below the normal consciousness. The normal conscious part of your brain makes up roughly 20 percent of the brain and the remaining 80 percent is the subconscious.
Subliminal messaging differs from the power of suggestion in that subliminal messaging affects the sub consciousness
There are some who hold that the sub conscious part of the brain recycles all that has happened to the conscious part of the brain during the day. This recycling occurs during your rest period. Most predominately at night when you are in a very deep sleep. All of the thoughts and actions are filed away in the sub conscious or the subliminal area of the brain. The thoughts and actions are called upon by the conscious part of the brain as you need them.
Subliminal messages are a part of your unrecognized conscious thoughts that are picked up by the ears, eyes, nose, and touch and conveyed to the sub conscious area of the brain.
Here is a quick example of subliminal messaging. A young couple posted a picture of their dream home on the refrigerator and started saving to buy the home. Several months latter the young couple saw a power lawn mower at a garden center. They immediately bought the lawn mower. When they arrived home they discovered that they had a ten foot by twenty foot lawn and no need for a lawn mower.
A closer look at the picture of their dream home showed the exact same lawn mower parked on the front lawn. This is subliminal messaging at its best.
You can choose the direction of your subliminal thoughts by focusing on the things you wish to change in your life. One of the simplest ways to direct your subliminal thoughts are to acquire video tapes on your subject of interest.
Should you not wish to view videos because you fear of what they may contain, you may write down your desired changes. Affirmations are powerful tools. Write down several, formulate them positive and in present tense. Read through them once a day and magic will happen
Always word your affirmation in the present tense. Such as I me, my.
Write down a plan of the things you are trying to change about yourself.
Try to get to the root cause of the things you wish to change. Why do you overeat, how did your get into this financial mess. Give your self a way out, a plan of action, such as I will never buy on credit again.
Read through your present tense list daily.
Subliminal messaging is very safe and can be most helpful when used to bring order to your life. The sights and sounds are all around you constantly bombarding you with things to buy and see.
You have only to make a conscious effort to suppress the things that are of no value to you, such as spending your money on impulse items.
When you start applying the principals of subliminal messaging you will learn to control the subliminal process and apply those things that will bring happiness to your life. You can learn to control your anger, fear, frustration and learn how others affect you and your daily life.
There is nothing to fear about subliminal messaging it is normal and it is a part of you. You owe it to your self to investigate and learn how this remarkable part of your brain functions. The more you learn about subliminal messaging you will understand how easily it is to control your life.
Go to subliminal message and make your selection from the library of videos that will show you how to improve your powerful seduction, make money while you sleep, balanced presence of mind, preparation for power, How to make 0,000 in 30 days if that is what you want.
Just let the subliminal messages come through tonight and enjoy them in the morning. I know you will be an improved you in what ever you choose. It is your decision to improve your life.
Saturday, July 7, 2012
Personal Finance Tips
While you may not think that you need a personal financial management plan, you may be surprised by how much it can help. And for those that are uncomfortable and unsure of their ability or knowledge on the subject, set your fears aside and realize that it is simple math that can help create the future that you desire. It doesn't have to be hard to come up with a personal financial management plan but you do need to take some time to make it happen.
To start with, determine how much money you have coming in. Then determine all of your expenses, yes, all of them. That means figuring out the lattes and espressos as well. Make sure that you add in any gift money or refunds that you may be getting as well into your income. Once you both figures, subtract expenses from income. If you are lucky, you are in the plus side. For those with a negative result it is time to determine ways to increase the income as well as decrease expenses until you are at least at break even. Once you have reached that point you can then move on to the next steps of creating a successful personal financial management plan.
At this point it is time to examine any current debt outstanding. Starting with credit cards, are you able to pay them off in full each month? If not, do you have the additional funds to do it now? Another option is to see if you can lower the interest rates on your cards. Interest rates range from almost 0% to 25% these days. And some may go higher. By dropping your rates as low as possible you can take the savings in interest payments and put it toward the principal. That helps lower the number of months it takes to eliminate your total credit card balances. And once that happens, it should be your goal to never have another credit card balance that can not be paid off each month.
Once you have taken care of credit cards, move on and look at any other debt that you might have as well. For example, are mortgage or car interest rates lower than when you took your loans out? Then a refinance may be a viable option that will allow you to either pay down more principal each month or use those funds for other investments. Why pay more in interest that you need to on any loan?
Insurance it's a subject that is so much fun to talk about. However it is necessary. Start with your home or renter's insurance and make sure that you have sufficient coverage but not more than you need it. Auto coverage should be reviewed as well. An annual check up on each of these can protect you from both too little and too much coverage.
Life insurance is a type of insurance that people spend either too little time on or too much time analyzing. Which type of insurance would work best for you depends on your age and financial circumstances. The first question you need to ask is do you even need life insurance? If you have a family and loans outstanding as well as future educational costs, it is likely that life insurance will offer you protection in the event of any future surprises. If you have no outstanding debts, no children or they are grown and on their own and you have sufficient assets for all future needs, then you may not need to get life insurance. Or you might choose a life insurance option that has investment benefits as well.
To start with, determine how much money you have coming in. Then determine all of your expenses, yes, all of them. That means figuring out the lattes and espressos as well. Make sure that you add in any gift money or refunds that you may be getting as well into your income. Once you both figures, subtract expenses from income. If you are lucky, you are in the plus side. For those with a negative result it is time to determine ways to increase the income as well as decrease expenses until you are at least at break even. Once you have reached that point you can then move on to the next steps of creating a successful personal financial management plan.
At this point it is time to examine any current debt outstanding. Starting with credit cards, are you able to pay them off in full each month? If not, do you have the additional funds to do it now? Another option is to see if you can lower the interest rates on your cards. Interest rates range from almost 0% to 25% these days. And some may go higher. By dropping your rates as low as possible you can take the savings in interest payments and put it toward the principal. That helps lower the number of months it takes to eliminate your total credit card balances. And once that happens, it should be your goal to never have another credit card balance that can not be paid off each month.
Once you have taken care of credit cards, move on and look at any other debt that you might have as well. For example, are mortgage or car interest rates lower than when you took your loans out? Then a refinance may be a viable option that will allow you to either pay down more principal each month or use those funds for other investments. Why pay more in interest that you need to on any loan?
Insurance it's a subject that is so much fun to talk about. However it is necessary. Start with your home or renter's insurance and make sure that you have sufficient coverage but not more than you need it. Auto coverage should be reviewed as well. An annual check up on each of these can protect you from both too little and too much coverage.
Life insurance is a type of insurance that people spend either too little time on or too much time analyzing. Which type of insurance would work best for you depends on your age and financial circumstances. The first question you need to ask is do you even need life insurance? If you have a family and loans outstanding as well as future educational costs, it is likely that life insurance will offer you protection in the event of any future surprises. If you have no outstanding debts, no children or they are grown and on their own and you have sufficient assets for all future needs, then you may not need to get life insurance. Or you might choose a life insurance option that has investment benefits as well.
Friday, July 6, 2012
Installment Loans For People With Bad Credit - Fast Cash Advance With No Credit Check
A numbet of people experience hard financial times due to the effects of recent crises hit which are still strongly felt today. It is very difficult now to take a secured bank loan because of the many factors becoming a hindrance on your way of getting the amount you need. Only few applications can be approved by banks and, besides, you should pass through comlicated and long procedures with no guarantee of reaching success. Due to this fact a lot of payday loan stores provide installment loans which are affordable even for people with bad credit as payday lenders require no credit check.
We often experience financial troubles as we all depend on the current world events which are not very consolatory. Any of us can face some sudden bills which should be paid off in a few days, unforeseen expences which require extra cash you don't have at the moment or urgent repairing of your car, for instance. All these factors make us search for the fast solution and, fortunately, it exists. Quick cash advances are a good opportunity that is available even online.
Today a number of online stores provide a lot of affordable services we can use from the comfort of our home. It's really convenient as you save your time and protect yourself from useless fuss. Online installment loan is one of such simple and helpful options provided by online payday loan stores on the Internet. Payday lenders perform easy process of applying that takes less than 10 minutes of your spare time as all you should do is to fill in the simple application form performed on the site of payday loan company and submit it for approval. You won't have to wait long as you will get the response in just a few minutes. There is nothing to fax, therefore, there is no need to collect the documents and, moreover, there is no credit check, hence, nothing will prevent you from taking online loans.
Of course, credit score is an important factor for lenders as it shows the level of your creditability and assures creditors in your solvency. However, online lenders don't consider your credit report as the mail guarantee as you must have just a stable job with constant income to be eligible for taking bad credit installment loans. The requirements provided by cash advance lenders are as simple as the whole application process as everything is perforned via Internet. Applying for installment loans for people with bad credit you will be able to avoid the complex and annoying bank procedures and boring staying in line as it's a great opportunity to settle your monetary problems without leaving the privacy of your home or office.
So, what is the purpose to make the situation worse if there is an obvious solution? Avoid additional charges and penalties for delayed payments with the help of installment loans for people with bad credit and save your precious time.
We often experience financial troubles as we all depend on the current world events which are not very consolatory. Any of us can face some sudden bills which should be paid off in a few days, unforeseen expences which require extra cash you don't have at the moment or urgent repairing of your car, for instance. All these factors make us search for the fast solution and, fortunately, it exists. Quick cash advances are a good opportunity that is available even online.
Today a number of online stores provide a lot of affordable services we can use from the comfort of our home. It's really convenient as you save your time and protect yourself from useless fuss. Online installment loan is one of such simple and helpful options provided by online payday loan stores on the Internet. Payday lenders perform easy process of applying that takes less than 10 minutes of your spare time as all you should do is to fill in the simple application form performed on the site of payday loan company and submit it for approval. You won't have to wait long as you will get the response in just a few minutes. There is nothing to fax, therefore, there is no need to collect the documents and, moreover, there is no credit check, hence, nothing will prevent you from taking online loans.
Of course, credit score is an important factor for lenders as it shows the level of your creditability and assures creditors in your solvency. However, online lenders don't consider your credit report as the mail guarantee as you must have just a stable job with constant income to be eligible for taking bad credit installment loans. The requirements provided by cash advance lenders are as simple as the whole application process as everything is perforned via Internet. Applying for installment loans for people with bad credit you will be able to avoid the complex and annoying bank procedures and boring staying in line as it's a great opportunity to settle your monetary problems without leaving the privacy of your home or office.
So, what is the purpose to make the situation worse if there is an obvious solution? Avoid additional charges and penalties for delayed payments with the help of installment loans for people with bad credit and save your precious time.
Wednesday, July 4, 2012
Trustworthy Bankruptcy Prince George Assistance
British Colombia is home to a number of great cities where individuals can find a variety of services. Amongst the scores of options, a bankruptcy Prince George trustee is capable of providing people with a great service. The agency's competence to offer you a multitude of choices ensures that you get the service you desire. It is because of such agencies that a number of families and business establishments have been able to obtain the results they required from their insolvency case. Most of the trustee's in the constituency have decades of experience and it is vital for you to have such an advantage.
Numerous agencies, which have been in a slump, were able to see the light of the day only due to the fact that a local trustee was able to assist them. A bankruptcy Prince George trustee is the one who is able to help you get the best financial aid. The majority of individuals who have taken the aid of the bankruptcy agencies have been able to make financial recovery. Needy individuals who have sought help from a reliable trustee associated with a professional firm have been able to deal with most of their debt issues and recover their assets.
There are a number of agencies that have been in this business for over twenty five years so you can be positive to get a helping hand. Many experts in the financial field have been able to settle scores of debt Prince George cases. The specialists offer excellent services for all assets that need special protection. You will also be able to get knowledge of a number of techniques that can be used to employ a good budgeting scheme to avoid further debts. Most importantly, the agency's trustee can help you acquire a method that will build your credit.
Almost every company has been able to help over four thousand individuals and commercial establishments. The variety of services on offer also includes a free phone call to acquire a consultation. Each agency has a team of professionals who have been acknowledged by past bankruptcy Prince George clients as some of the best people to handle such issues. Trust is one of the basics features that every client is looking for in a prospective agency they are interested in hiring. Majority of the clients have pointed out that trust should not be a concern as nearly all of the agencies are customer oriented and not working for just profit generation.
Countless trustees are acknowledged as some of the finest in the business. However, when you are in debt, you may not be able to hire some of the expensive experts. Those who are faced with such issues can try to look for a bankruptcy Prince George trustee who has the ability to provide you with the essential service. The agency should be able to help you in each and every part of this crisis. It will help you get the edge that can prove to be the difference in seeking out the desired results.
Numerous agencies, which have been in a slump, were able to see the light of the day only due to the fact that a local trustee was able to assist them. A bankruptcy Prince George trustee is the one who is able to help you get the best financial aid. The majority of individuals who have taken the aid of the bankruptcy agencies have been able to make financial recovery. Needy individuals who have sought help from a reliable trustee associated with a professional firm have been able to deal with most of their debt issues and recover their assets.
There are a number of agencies that have been in this business for over twenty five years so you can be positive to get a helping hand. Many experts in the financial field have been able to settle scores of debt Prince George cases. The specialists offer excellent services for all assets that need special protection. You will also be able to get knowledge of a number of techniques that can be used to employ a good budgeting scheme to avoid further debts. Most importantly, the agency's trustee can help you acquire a method that will build your credit.
Almost every company has been able to help over four thousand individuals and commercial establishments. The variety of services on offer also includes a free phone call to acquire a consultation. Each agency has a team of professionals who have been acknowledged by past bankruptcy Prince George clients as some of the best people to handle such issues. Trust is one of the basics features that every client is looking for in a prospective agency they are interested in hiring. Majority of the clients have pointed out that trust should not be a concern as nearly all of the agencies are customer oriented and not working for just profit generation.
Countless trustees are acknowledged as some of the finest in the business. However, when you are in debt, you may not be able to hire some of the expensive experts. Those who are faced with such issues can try to look for a bankruptcy Prince George trustee who has the ability to provide you with the essential service. The agency should be able to help you in each and every part of this crisis. It will help you get the edge that can prove to be the difference in seeking out the desired results.
Do You Sell or Hold After Your Stock Has Dropped?
Do you sell or hold a stock that has had a big drop? Is it too late to sell? Whether your stock has had a big loss or small loss should not make a difference. Judging a loss by its magnitude is an arbitrary approach to risk control. For example, it would be a more rational way to control risk to base decisions on abnormal stock behavior, an inability of a moving average, trendline, or other line of support to keep a stock from falling below that support, or on a change in trend. Sometimes a switch to another stock makes much more sense than to continue to hold a declining stock.
Let's say you paid 0 per share for 100 shares of a stock that subsequently falls to . Traders would never permit a big loss like that, but people who have not learned how to control risk might. To simplify these comments, assume that you have only one stock. Thus, your portfolio has dropped in value from ,000 to ,000. If this stock is still declining, to continue to hold would be to invite further loss. You have a choice. You can hold the stock, determined not to sell unless you have a profit, or you can switch to another stock that is already moving up in value. People who keep holding a declining stock after a 20% drop are apparently overlooking the fact that it is possible for a stock to decline to less than a dollar and remain there for several years before it recovers, if it ever does recover (even great companies sometimes go out of business).
Some people say, "I'll just wait until the stock gets back to where I bought it." However, the stock does not "know" what you paid, nor does it care. For practical purposes, it only "knows" where supports and resistances are (regions of demand and supply in the market for that stock). Your personal gain or loss is of absolutely no consequence to the stock. Though you may suffer some loss by selling a declining stock that is below your purchase price, you actually improve your portfolio by moving to a stock that is currently in a rising trend rather than declining. Even moving out of the stock and into cash would be an improvement, because the cash is not losing value.
We do not want to sell stocks in reaction to normal day-to-day fluctuations. However, if a stock declines with enough energy that it breaks through its underlying support, or if the stock's trend changes direction, continuing to hold the stock can be disastrous. A person who lets his stocks fall more than 20% really does not have a risk-control system. In fact, he may not even have a sell strategy. That is asking for financial pain and suffering. Many investors use moving averages to get a clear picture of a stock's trend. It may be okay under some circumstances to ignore changes in the very short-term trend of a stock, but ignoring a change in the long-term trend is foolish. If you are a beginner with no sell discipline at all, there is a simple strategy that can save your financial neck when you are unsure of how to respond intelligently to market turmoil.
For long-term investors, we suggest averaging the price of a stock for about 30 weeks (150 market days) and plotting this average on a daily basis. When this trend starts to turn down, it is a warning that the average performance of the stock for the most recent 150 days (ending today) is evidencing significant deterioration relative to the 150-day performance of the stock. This means that the deterioration in performance being witnessed goes beyond the mere day-to-day fluctuations experienced by every stock. Why is that? When we average price activity over 30 weeks or 150 days, the normal day-to-day fluctuations of the stock (which wave theorists refer to as "noise" because they obscure the more significant underlying waveforms) are reduced to insignificance (they are effectively factored out). This enables a person to see more clearly the underlying pattern of a stock's price movement.
There is another reason for using the 150-day moving average. One of our stockdisciplines.com traders has tested all single moving averages from the 3-day moving average to the 200-day moving average as the basis for a trading discipline. Tests were performed covering many years and thousands of stocks. Results for all stocks were combined for each moving average system. While the 200-day moving average does offer more support for a declining stock, trading with the 150-day moving average was the most profitable. It simply gave a greater amount of total profit (accumulating profits and losses from all stocks over many years) when we based buy and sell signals on this moving average. There are, of course, variations on other moving averages, combinations of moving averages and completely different systems that produce better results. However, all things being equal and considering only single moving averages (simple and exponential), the 150-day simple moving average was the most profitable in our tests.
What is the strategy? Buy when the stock is closing above the 150-day moving average and the 150-day moving average first turns up. Sell when the stock is closing below the 150-day moving average and the 150-day moving average first turns down. Instead of using the closing price relative to the 150-day moving average, you could use a 10-day moving average in order to reduce the number of false signals. Thus, you could buy when the 10-day moving average crosses above the 150-day moving average and the 150-day moving average begins to rise. You could sell when the 10-day moving average crosses below the 150-day average and the 150-day moving average begins to decline.
Market strategists know that it is wise to avoid investing in a stock against its prevailing trend because trends tend to persist. When the trend turns down on a stock, it may not turn up again until after the stock falls below . Why wait to see how far it will drop? Why not simply improve the position while you still have most of your money? Selling at a 20% loss and immediately moving on to a better situation may involve a little pain, but it is preferable to holding on to a declining stock that eventually loses 50% (and then to continue holding on to it for an additional two years while it recovers). Using the former approach, we could break even in six months or less. Using the latter approach, we might break even in two or three years (assuming that the stock indeed recovers). Therefore, we are suggesting for those who are not traders and who have no defined sell strategy, that they consider using a sell strategy based on the 150-day moving average and to use 20% as the maximum loss. If the system based on the 150-day moving average gets you out before a decline of 20% occurs, so much the better. If it does not get you out before the decline reaches 20%, then perhaps it is time to pull the plug anyway.
The 20% maximum loss is based on the assumption that the investor has at least 10 positions in his portfolio. That way, a 20% drop in any individual stock will cost the portfolio no more than 2%. Of course, you may decide to modify both the moving average system and the maximum allowable decline so that they better suit your own investment objectives and tolerance for risk. However, our own position is that risk is reduced when losses are kept small, because it is much easier to recover from a small loss than from a large one.
By using a strategy like the one outlined here, you have an answer to the original question. You will have a sell discipline that will get you out of a position most of the time before the loss becomes too great. However, if it does not, you will have a backup sell discipline that takes over. The market is sometimes quite confusing. The strategy outlined here will help you do what is necessary under the prevailing conditions. You may learn after the fact that the action you took was the wrong one. However, no system exists that is always right. Investors have to learn to accept the fact that wrong decisions are made by even the best traders. There is, however, one thing the best traders agree on and have in common. They all have a well-defined discipline, and they do not second-guess it.
Copyright 2012, by Stock Disciplines, LLC. a.k.a. StockDisciplines.com
Let's say you paid 0 per share for 100 shares of a stock that subsequently falls to . Traders would never permit a big loss like that, but people who have not learned how to control risk might. To simplify these comments, assume that you have only one stock. Thus, your portfolio has dropped in value from ,000 to ,000. If this stock is still declining, to continue to hold would be to invite further loss. You have a choice. You can hold the stock, determined not to sell unless you have a profit, or you can switch to another stock that is already moving up in value. People who keep holding a declining stock after a 20% drop are apparently overlooking the fact that it is possible for a stock to decline to less than a dollar and remain there for several years before it recovers, if it ever does recover (even great companies sometimes go out of business).
Some people say, "I'll just wait until the stock gets back to where I bought it." However, the stock does not "know" what you paid, nor does it care. For practical purposes, it only "knows" where supports and resistances are (regions of demand and supply in the market for that stock). Your personal gain or loss is of absolutely no consequence to the stock. Though you may suffer some loss by selling a declining stock that is below your purchase price, you actually improve your portfolio by moving to a stock that is currently in a rising trend rather than declining. Even moving out of the stock and into cash would be an improvement, because the cash is not losing value.
We do not want to sell stocks in reaction to normal day-to-day fluctuations. However, if a stock declines with enough energy that it breaks through its underlying support, or if the stock's trend changes direction, continuing to hold the stock can be disastrous. A person who lets his stocks fall more than 20% really does not have a risk-control system. In fact, he may not even have a sell strategy. That is asking for financial pain and suffering. Many investors use moving averages to get a clear picture of a stock's trend. It may be okay under some circumstances to ignore changes in the very short-term trend of a stock, but ignoring a change in the long-term trend is foolish. If you are a beginner with no sell discipline at all, there is a simple strategy that can save your financial neck when you are unsure of how to respond intelligently to market turmoil.
For long-term investors, we suggest averaging the price of a stock for about 30 weeks (150 market days) and plotting this average on a daily basis. When this trend starts to turn down, it is a warning that the average performance of the stock for the most recent 150 days (ending today) is evidencing significant deterioration relative to the 150-day performance of the stock. This means that the deterioration in performance being witnessed goes beyond the mere day-to-day fluctuations experienced by every stock. Why is that? When we average price activity over 30 weeks or 150 days, the normal day-to-day fluctuations of the stock (which wave theorists refer to as "noise" because they obscure the more significant underlying waveforms) are reduced to insignificance (they are effectively factored out). This enables a person to see more clearly the underlying pattern of a stock's price movement.
There is another reason for using the 150-day moving average. One of our stockdisciplines.com traders has tested all single moving averages from the 3-day moving average to the 200-day moving average as the basis for a trading discipline. Tests were performed covering many years and thousands of stocks. Results for all stocks were combined for each moving average system. While the 200-day moving average does offer more support for a declining stock, trading with the 150-day moving average was the most profitable. It simply gave a greater amount of total profit (accumulating profits and losses from all stocks over many years) when we based buy and sell signals on this moving average. There are, of course, variations on other moving averages, combinations of moving averages and completely different systems that produce better results. However, all things being equal and considering only single moving averages (simple and exponential), the 150-day simple moving average was the most profitable in our tests.
What is the strategy? Buy when the stock is closing above the 150-day moving average and the 150-day moving average first turns up. Sell when the stock is closing below the 150-day moving average and the 150-day moving average first turns down. Instead of using the closing price relative to the 150-day moving average, you could use a 10-day moving average in order to reduce the number of false signals. Thus, you could buy when the 10-day moving average crosses above the 150-day moving average and the 150-day moving average begins to rise. You could sell when the 10-day moving average crosses below the 150-day average and the 150-day moving average begins to decline.
Market strategists know that it is wise to avoid investing in a stock against its prevailing trend because trends tend to persist. When the trend turns down on a stock, it may not turn up again until after the stock falls below . Why wait to see how far it will drop? Why not simply improve the position while you still have most of your money? Selling at a 20% loss and immediately moving on to a better situation may involve a little pain, but it is preferable to holding on to a declining stock that eventually loses 50% (and then to continue holding on to it for an additional two years while it recovers). Using the former approach, we could break even in six months or less. Using the latter approach, we might break even in two or three years (assuming that the stock indeed recovers). Therefore, we are suggesting for those who are not traders and who have no defined sell strategy, that they consider using a sell strategy based on the 150-day moving average and to use 20% as the maximum loss. If the system based on the 150-day moving average gets you out before a decline of 20% occurs, so much the better. If it does not get you out before the decline reaches 20%, then perhaps it is time to pull the plug anyway.
The 20% maximum loss is based on the assumption that the investor has at least 10 positions in his portfolio. That way, a 20% drop in any individual stock will cost the portfolio no more than 2%. Of course, you may decide to modify both the moving average system and the maximum allowable decline so that they better suit your own investment objectives and tolerance for risk. However, our own position is that risk is reduced when losses are kept small, because it is much easier to recover from a small loss than from a large one.
By using a strategy like the one outlined here, you have an answer to the original question. You will have a sell discipline that will get you out of a position most of the time before the loss becomes too great. However, if it does not, you will have a backup sell discipline that takes over. The market is sometimes quite confusing. The strategy outlined here will help you do what is necessary under the prevailing conditions. You may learn after the fact that the action you took was the wrong one. However, no system exists that is always right. Investors have to learn to accept the fact that wrong decisions are made by even the best traders. There is, however, one thing the best traders agree on and have in common. They all have a well-defined discipline, and they do not second-guess it.
Copyright 2012, by Stock Disciplines, LLC. a.k.a. StockDisciplines.com
Monday, July 2, 2012
Avoid Bad Credit Home Loans By Monitoring Your Report & Seeking Credit Repair Services
It is no secret that bad credit can affect your ability to maintain your financial integrity and achieve your dreams. Because of this, monitoring your credit report is an important part of managing your finances and working towards your financial goals. Whether these goals include purchasing a home or a car, or simply obtaining credit to buy necessities or to have as an emergency reserve, what is reported on your credit file will impact your ability to accomplish your objectives. This is particularly true when it comes to seeking funds for a major purchase, such as a home, which is why many people utilize the services of a credit repair consultant to remove negative credit information.
While bad credit home loans have been difficult to obtain for some time now, in the wake of the economic turndown it has become practically impossible. This has created a situation where it is more important than ever for people to seek assistance with credit repair, if needed. If you are not aware of what is currently being reported on your credit history, a good first step is to visit the website of one of the primary credit reporting agencies, such as My Credit File (Veda Advantage) to request a copy of your credit report. Once you have acquired a report from My Credit File or another agency, you will have a better idea of whether or not bad credit home loans would currently be your only option for obtaining a mortgage.
If you have blemishes on the credit report you receive from My Credit File and it appears that bad credit home loans might be your only option, do not despair. Some or all of the negative information on your file may be inaccurate, unfair or contestable. If this is the case, working with a credit repair consultant can help you remove those negative marks and fix your credit, which is an important part of better positioning yourself for seeking a mortgage, auto loan or credit card.
If you would like to speak to a consultant about your credit history and the possibility of improving your credit report through removing unfair or inaccurate information, contact Malouf Group Enterprises to discuss your particular situation.
While bad credit home loans have been difficult to obtain for some time now, in the wake of the economic turndown it has become practically impossible. This has created a situation where it is more important than ever for people to seek assistance with credit repair, if needed. If you are not aware of what is currently being reported on your credit history, a good first step is to visit the website of one of the primary credit reporting agencies, such as My Credit File (Veda Advantage) to request a copy of your credit report. Once you have acquired a report from My Credit File or another agency, you will have a better idea of whether or not bad credit home loans would currently be your only option for obtaining a mortgage.
If you have blemishes on the credit report you receive from My Credit File and it appears that bad credit home loans might be your only option, do not despair. Some or all of the negative information on your file may be inaccurate, unfair or contestable. If this is the case, working with a credit repair consultant can help you remove those negative marks and fix your credit, which is an important part of better positioning yourself for seeking a mortgage, auto loan or credit card.
If you would like to speak to a consultant about your credit history and the possibility of improving your credit report through removing unfair or inaccurate information, contact Malouf Group Enterprises to discuss your particular situation.
Personalized Leather Passport Holders Keep Valuable Documents Organized
If you are looking for a special gift for yourself or someone else, you might want to consider investing in personalized leather passport holders. These holders are available in a variety of styles for both men and women. Most travelers prefer leather since it is attractive as well as durable.
For years, the only colors available for passport holders were black and brown. Today the traveler can have a customized holder in almost any color that they want. One can color coordinate with their handbag and the general color scheme of their wardrobe. This adds a cheery touch to one's day when having to pull out the passport at border crossings that can sometimes be stressful.
The choices today go far beyond the color of the passport holder as well. Additional separate compartments added so that one can easily carry their credit cards, money and boarding passes. Some holders will also zip up so that nothing can accidentally slip out of the holder. It is a good idea to experiment with different models at the store to discover which one works the best for you.
There are varied leather selections for a choice of soft, pliable cowhide to one that is super sturdy. For buyers who are against using real leather products a faux leather option is also available. It will feel and look like real hide but is ecologically green.
Some holders will contain a built in shield that will prevent the unauthorized scanning of the radio frequency identification chip embedded in the newer passports. ID cards can be scanned from a short distance without the owner realizing this. It is important to protect one's card information and surprisingly many people still do not realize the risk of identity theft.
Many travelers like to have their covers embossed with the crest of their country. Often this will include an animal such as the eagle crest of the United States or the maple leaf of Canada. This helps the border guard to ascertain which country the traveler is from before they even open up the passport.
Slots and pockets are available in different configurations inside the holder. The outside too can have an additional pocket for quicker access to an item. The holders can also have a strap attached to them so that they can hang from the neck for easy access. One must be careful however to make sure that this strap will not be cut by a thief with a wary eye.
Traveling is more fun when risks are reduced. Avoid losing your identification cards. The personalized leather passport holders are an ideal solution since they keep the storage of valuable documents in one place. Good-looking travel ware will positively influence those around you who see that you take your traveling seriously.
For years, the only colors available for passport holders were black and brown. Today the traveler can have a customized holder in almost any color that they want. One can color coordinate with their handbag and the general color scheme of their wardrobe. This adds a cheery touch to one's day when having to pull out the passport at border crossings that can sometimes be stressful.
The choices today go far beyond the color of the passport holder as well. Additional separate compartments added so that one can easily carry their credit cards, money and boarding passes. Some holders will also zip up so that nothing can accidentally slip out of the holder. It is a good idea to experiment with different models at the store to discover which one works the best for you.
There are varied leather selections for a choice of soft, pliable cowhide to one that is super sturdy. For buyers who are against using real leather products a faux leather option is also available. It will feel and look like real hide but is ecologically green.
Some holders will contain a built in shield that will prevent the unauthorized scanning of the radio frequency identification chip embedded in the newer passports. ID cards can be scanned from a short distance without the owner realizing this. It is important to protect one's card information and surprisingly many people still do not realize the risk of identity theft.
Many travelers like to have their covers embossed with the crest of their country. Often this will include an animal such as the eagle crest of the United States or the maple leaf of Canada. This helps the border guard to ascertain which country the traveler is from before they even open up the passport.
Slots and pockets are available in different configurations inside the holder. The outside too can have an additional pocket for quicker access to an item. The holders can also have a strap attached to them so that they can hang from the neck for easy access. One must be careful however to make sure that this strap will not be cut by a thief with a wary eye.
Traveling is more fun when risks are reduced. Avoid losing your identification cards. The personalized leather passport holders are an ideal solution since they keep the storage of valuable documents in one place. Good-looking travel ware will positively influence those around you who see that you take your traveling seriously.
Sunday, July 1, 2012
Container Leasing
There are a total of 20 container leasing companies in 3 areas including 18 in Denmark, one in England and one in Sweden. Container leasing can be done through container leasing depots such as these, or through individuals whom sell you the merchandise. Container leasing depots that are the most popular in Denmark include the ALPHA Containers, Condane Cargo Service and Container Providers International. There are many others to choose from, and by no means should you use a container leasing agent you are not comfortable with. If you are searching with no results for container leasing companies, checking with the trade association for container and chassis leasing industry's Institute of International Container Lessors will help you find reputable companies.
The IICL has many member companies, and these companies offer container leasing to all companies across the world for marine cargo containers. These members are known to own or manage almost 90 percent of the leased container fleet as well as almost half of the world's container fleet. The IICL is involved in regulations, taxes, customs as well as governmental matters on behalf of all the member companies. The IICL offers its members courses on inspector certification, repair courses on all types of containers and publications for the industry. Their website can be a good tool to use in order to find container leasing companies.
There are other companies located worldwide that offer groups of container leasing companies on their websites. These companies offer container leasing on behalf of the group of companies they represent. Costs can be less than trying to broker your own leasing account with a smaller company, and transporting assets is a large portion of your business. Being able to cut some costs on the overall for your container leasing is the easiest way of doing so. Container leasing groups offer information on their businesses such as the amount of containers and ships they do business with, and can help you to choose a container leasing company or shipper that will work best for your budget. These container leasing companies are able to take information from you based on what you ship or need shipped to you, as well as your company's budget needs and from there give you the offers that their current shippers and container leasing companies have available to suit you.
Container leasing companies will take information from you such as the type of cargo you are shipping, and then help you to choose the proper container for your needs. The container you lease will be chosen based on your specific requirements, and can even have insurance applied. The availability of the equipment you need will make a difference on the pricing you are offered, but for the most part if you get in touch with the container leasing company early enough you should have no problem getting a better deal. The deals you are able to get as an individual will not be as good as those that you would get using a container leasing company.
The IICL has many member companies, and these companies offer container leasing to all companies across the world for marine cargo containers. These members are known to own or manage almost 90 percent of the leased container fleet as well as almost half of the world's container fleet. The IICL is involved in regulations, taxes, customs as well as governmental matters on behalf of all the member companies. The IICL offers its members courses on inspector certification, repair courses on all types of containers and publications for the industry. Their website can be a good tool to use in order to find container leasing companies.
There are other companies located worldwide that offer groups of container leasing companies on their websites. These companies offer container leasing on behalf of the group of companies they represent. Costs can be less than trying to broker your own leasing account with a smaller company, and transporting assets is a large portion of your business. Being able to cut some costs on the overall for your container leasing is the easiest way of doing so. Container leasing groups offer information on their businesses such as the amount of containers and ships they do business with, and can help you to choose a container leasing company or shipper that will work best for your budget. These container leasing companies are able to take information from you based on what you ship or need shipped to you, as well as your company's budget needs and from there give you the offers that their current shippers and container leasing companies have available to suit you.
Container leasing companies will take information from you such as the type of cargo you are shipping, and then help you to choose the proper container for your needs. The container you lease will be chosen based on your specific requirements, and can even have insurance applied. The availability of the equipment you need will make a difference on the pricing you are offered, but for the most part if you get in touch with the container leasing company early enough you should have no problem getting a better deal. The deals you are able to get as an individual will not be as good as those that you would get using a container leasing company.
Money Against Signature
Generally, signature loans are meant for the people with good credit but as the people with bad credit are increasing in numbers, lenders have come up with the concept of bad credit signature loans.
A bad credit signature loan is one which doesn't require the borrower to offer any collateral to the lender for approval. It is so called signature loan as only the signature of the borrower is required to secure the loan. These loans are for a fixed term and are based upon borrower's promise to repay the loan amount. These loans can be used in many ways such as student loan, holiday loan, home improvements, business, education or even debt consolidation. Whatever be the purpose, the bad credit signature loans is ready to serve all of them.
The amounts which you can apply for under a best credit signature loan can go up to 15000 and more in certain cases. Loan lenders will also look at your repayment capacity and income while lending you the bad credit signature loan. The term for a bad credit signature loan varies between 6 months to few years depending upon the amount borrowed. People who can apply for a bad credit signature loans consists of defaulters, CCJ's and IVA's, arrears and other such people with a bad credit score.
A bad credit score is one which lies below the figure of 500. It is very essential to have knowledge of your credit score before applying for bad credit signature loans. To get your credit report and credit score, you can log on the websites of the credit rating agencies such as Experian, Equifax and Transunion. You can compare these reports and report back to these agencies if you find any error in these reports.
Bad credit signature loans are offered through numerous lending institutions including banks and credit unions. But these days, private lenders have been becoming popular as they are easily accessible to a common borrower. They are ready to make negotiations with borrowers for the loan packages and are more flexible in dealing with borrowers with bad credit.
To find a bad credit signature loan lender you can go through the numerous online loan quotes available. You can sort out the ones with low rates and easy repayment terms. The benefit here lies in choosing the one which not only gives you apt cash but also is easier to repay from your pocket.
Lastly fill the simple online application form with your personal details, employment status and loan amount required to get the further services from the lender. A bad credit signature loan can be the aid you are looking for to fulfil your needs.
A bad credit signature loan is one which doesn't require the borrower to offer any collateral to the lender for approval. It is so called signature loan as only the signature of the borrower is required to secure the loan. These loans are for a fixed term and are based upon borrower's promise to repay the loan amount. These loans can be used in many ways such as student loan, holiday loan, home improvements, business, education or even debt consolidation. Whatever be the purpose, the bad credit signature loans is ready to serve all of them.
The amounts which you can apply for under a best credit signature loan can go up to 15000 and more in certain cases. Loan lenders will also look at your repayment capacity and income while lending you the bad credit signature loan. The term for a bad credit signature loan varies between 6 months to few years depending upon the amount borrowed. People who can apply for a bad credit signature loans consists of defaulters, CCJ's and IVA's, arrears and other such people with a bad credit score.
A bad credit score is one which lies below the figure of 500. It is very essential to have knowledge of your credit score before applying for bad credit signature loans. To get your credit report and credit score, you can log on the websites of the credit rating agencies such as Experian, Equifax and Transunion. You can compare these reports and report back to these agencies if you find any error in these reports.
Bad credit signature loans are offered through numerous lending institutions including banks and credit unions. But these days, private lenders have been becoming popular as they are easily accessible to a common borrower. They are ready to make negotiations with borrowers for the loan packages and are more flexible in dealing with borrowers with bad credit.
To find a bad credit signature loan lender you can go through the numerous online loan quotes available. You can sort out the ones with low rates and easy repayment terms. The benefit here lies in choosing the one which not only gives you apt cash but also is easier to repay from your pocket.
Lastly fill the simple online application form with your personal details, employment status and loan amount required to get the further services from the lender. A bad credit signature loan can be the aid you are looking for to fulfil your needs.
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