Category Archives: Finance

About Don’t Take Chances With Your Retirement

Think that the economy is finally stabilizing and you can stop worrying about your retirement savings? Think again. Legislation that was passed nearly ten years ago to prevent a global financial collapse is about ready to expire and many experts believe that this will send this country into another financial tailspin. Are you ready?

Odds are, you aren’t. While there aren’t any plans to renew these programs, most politicians and financial institutions aren’t making it a point to let the cat out of the bag just yet, giving many Americans a false sense of security for their own financial stability, both now and in the future. So, how do you go about making sure that your retirement savings account isn’t wiped out like it was almost ten years ago?

You start a gold IRA. Precious metals IRAs work in much the same fashion as other tax advantaged retirement accounts. You make regular contributions that are used to make investments that are designed to help you grow your money faster than traditional savings accounts. However, gold IRAs offer you one main benefit over other retirement accounts. Investing in precious metals such as gold, silver, platinum, and palladium gives you a hedge against inflation as well as providing protection against future market collapses. How? They can do this because precious metals don’t lose value in the face of financial hardship? They increase in value. Why?

It’s simple really. Since the beginning of time, metals like gold, silver, platinum and palladium have always had value. They is the one investment than seasoned investors come back to time and time again when other investments fail. And, they are the one investment you can rely on to offer you protection against the volatility of the financial markets. It’s the only investment that you will ever make that will never completely lose value.

Goldco Precious Metals makes it easy to start a gold IRA. Simply contact Goldco Precious Metals today and discuss the benefits of starting a precious metals IRA with a friendly, professional advisor today. Then, if you decide that it is the right retirement savings strategy for your needs, Goldco Precious Metals will help you start a gold IRA by completing the necessary paperwork, finding the necessary custodian for your investments and even providing quality investment advice for those who are new to precious metals investing.

Don’t let the expiration of the existing economic stimulus programs put your retirement savings strategy into a tailspin. Visit Goldco Precious Metals today and discuss the benefits of adding a gold IRA to your retirement savings strategy today. It may just be the best decision you’ll ever make when it comes to your finances, both now and long into the future. Visithttps://goldcopreciousmetals.com/401k-to-gold to learn more about the benefits of starting a gold IRA with a 401k rollover to gold today.

Goldco Precious Metals is ready to help you secure your retirement with a 401k rollover to gold. Visit today to learn more.

Here Tips for Choosing The Right Private Money Lender

Over the years, private money lenders have played a significant role in providing loans to those who typically would not qualify for conventional financing. These private lenders offer a plethora of private money loans depending on the specific acquisition and funding needs of the borrower. In the real estate industry, private money lenders extend financing to borrowers who may not qualify for a bank loan due to poor credit scores or insufficient income history. Those who wish to acquire a fix and flip renovation property that is in very poor condition may also be turned away by a bank.

Another challenge some borrows face and one that prevents them from receiving a traditional loan is not having enough cash on hand for a down payment. Although, private money lenders do require their borrowers to have some “skin in the game”, their loan-to-value requirements are more flexible than a bank. In addition to the increased flexibility of private money loans, a major benefit with this type of funding is the speed with which the borrower can receive the money for their real estate investment.

Private money loans offer a quicker and easier way to obtain funding for real estate deals. However, choosing the right private money lender can be a daunting task, considering the fact that there are so many lenders in the market and it may be hard to decide which lender to partner with.

To help cut through the masses and pinpoint the best lender for your real estate investment needs, you should consider the following:

1. Responsiveness and Reputation- When it comes to choosing a private money lender, make sure they are responsive to your inquiries, concerns, and can provide answers to questions that pop up throughout the lending process. It goes without saying that you should visit the lender’s website to read past customer reviews and testimonials. A huge bonus is selecting a lender who has extensive building and development experience themselves. This experience will only be of benefit to you as they can offer you advice and provide recommendations on contractors, budgets, timelines, etc. Who knows, they may even know someone at the permitting office to help get those stuck building permits pushed through!

2. Loan Flexibility- Before you choose a private money lender, make sure the terms are disclosed in the documents and that you are comfortable with them. Sometimes the parameters of the loan can be modified depending on your specific funding needs, desired loan term and exit strategy. In any case, the flexibility you will experience with a private money lender will be greater than that of a bank.

3. Interest Rates- One major factor to consider before choosing a private lending company is the interest rate. A private lender’s rates will be higher than those of a bank because of the flexibility, quicker access to funding, and the greater risk they are taking on.

4. Assess Your Financial Situation- Even if you find the right private lender, you still have to factor in the higher interest rate into your profit calculations. In order to fully maximize the benefits of this type of loan, it is best to have a solid team of subcontractors, a comprehensive building and development plan and anticipate to be in and out of the investment property within 9-12 months.

5. Focus Your Search Locally- Although you can find hard money lenders across the country, it may be best to choose a lender that is local to your real estate investment property. Not only is it good to be able to meet face-to-face with them when you are reviewing the terms of your loan, but a local lender will have extensive knowledge about your area’s real estate market and can help guide you on the right buy and sell price for your property.

The Credit Cards for Armed Forces

Having a credit card and maintaining a good credit score are definitely challenging jobs. There are some credit cards which are designed especially for the armed personnel. Having the national flag design and regular contribution to the Defence Welfare Association are some of the privileges these types of cards offers to the armed forces.

Highlights of these credit cards

• Joining fees and annual fees for first year usually will be nil.
• Similarly, joining and annual fees for an add-on member are free.
• Card holders do not have to pay charges for loss/re-issue/replacement of card as well for SMS transaction alerts
• If the card is misplaced or lost, the holder can withdraw cash by cheque – no fee for the service
• Charges for duplicate statement, charge slip retrieval and balance enquiry are nil.
• Dining Delight option – Minimum 15 {90f9fdb721786c8722be52f8b62817a2aa2831acf05d2b998f2677edeb5674f8} discount for dining at specific partnered restaurants.

Benefits

• Complimentary access available to airport lounges
• Want to include a beloved family member – spouse, children, siblings, parents? – They just have to be above 18 years of age.
• Similar to all bank credit cards, even this card will be PIN protected and equipped with an EMV certified chip. Card holders can remain hassle free while making all kinds of transactions on mobile and other devices as there is less possibility of skimming/counterfeit fraud.
• Reward options may include a visit to a theme park, paragliding trip or going abroad a charter.

Features

• Zero Lost Card Liability – Lost or misplaced the card? Afraid it fell on wrong hands? This liability protects the holder from the moment the loss of card is reported to the customer service. However, terms and conditions apply.

Eligibility Criteria

To be eligible for these cards, the card holder should be
• Defence Personnel
• The primary card holder should be between 18 and 70 years of age
• Add-on card holder should have attained the age of 18 years

These cards come with multiple reward points which can be gained by participating in community competitions. Accumulation of more than 1000 points leads to a voucher having value of $50. A card holder can get discounts in multiplexes by just showing proof of the discount voucher.

Or they can avail of free travel (as per the conditions and terms) in a theme park.
In all, these credit cards issued to the armed forces are a boon to their families as they can make bill payments online, book tickets for their favourite show or shop for essential items at multiplexes.

SathyaNarayana B has completed Post Graduation and is interested in writing articles on health, martial arts, finance, history, travel etc.

Tips For You to Improve Your Credit

Credit Scores. It can be one of those touchy topics depending on how you see it. Your score can take years to build up and just months to destroy. We’ve all suffered from credit mishaps; from forgetting to make a payment to utilizing all of your credit. Sometimes, a bad score can be result of something out of our control- divorce, medical bills, and bankruptcy. Simply, maintaining your credit is a way of life. Since almost all big purchases require credit, A low score will make everything more expensive. You’ll have to pay a higher interest rate on loans over time.

A score Is used to show credit history, on-time payments, responsibility and discipline. A low credit score will improve naturally over time, so don’t lose sleep over it. However, if you have upcoming equipment financing or leasing needs in the near future. It’d be smart to try raising your score beforehand. That can be the deciding factor between boosting you into the next tier and saving money.

Let’s be realistic. There’s no miracle method to raise your credit score 100 points in a month. Some Credit Repair “Experts” will try to fool you into believing this can be done, but it’s simply impossible. You hear it all the time in advertisements – ” 1-2{90f9fdb721786c8722be52f8b62817a2aa2831acf05d2b998f2677edeb5674f8} APR for excellent credit “, but you’re never sure what exactly is excellent credit. Let’s break it down, There are 4 tiers of credit.

Tier 1 (Excellent Credit): 700 and above

Tier 2 (Good Credit): 660-699

Tier 3 (Fair Credit): 620-659

Tier 4 (Poor Credit): 619 and below

Credit score

Tier 1 and 2 typically get the best rates. Tier 4 is usually the most difficult to get approval for. Even if you have a Tier 3 score, it’s still advisable to try and improve your score. It’s a important part of your life and business. If you’re a newer business without cashflow statements, it can be hard to obtain financing. Many Lenders will use your score to assess you. That’s why it’s important to improve your credit score when you can.

Here are our 4 best hacks for quickly improving your credit score. The improvement can be anywhere between 10 points to 40 points which should be enough to bump your credit score up. Note: These are quick tips to boost your score up, we will have a more comprehensive guide on maintaining your credit later.

Dispute the negative marks – We get it. It’s hard to pay your bills on time sometimes. Between juggling your business and family, paying your bill sometimes slips your mind. There’s 3 major credit reporting bureau: TransUnion, Equifax, and Experian. Your credit report with all of them will vary a little bit. Contact them and dispute whatever you can. Write as much as you can with your dispute and make copies of everything.

NOTE: Spend time and be thorough – This can make a huge impact on your scores.

Open A New Secured Credit Card – According to Credit Karma: People with a credit score of 800 and above typically have 7 open credit cards. While you don’t want to open more than 1 a year, 7 is just a guideline number to aim for. No matter how bad your credit score might be, you can still get approved for a secured credit card. Secured Credit Cards are the best way to rebuild your credit. You’ll have to put a deposit down, but the lender will give you a line of credit. To pick a good secured credit card to use, we would use this Guide by Magnify Money.

NOTE: You want to keep your credit utilization under  usage, so monitor your usage accordingly. Only open 1 credit card as doing more may hurt your score.

Raise your Credit Limits – Call your existing card companies and ask for your limits raised. If you’re not at credit utilization, it’ll be helpful to get your limits raised. Even if it’s just a  increase, It’ll help your overall report health.

Become an Authorized User – This one is a little tougher to do. You’ll need someone who is in good credit standing. They’ll add you onto their existing credit card accounts. You’ll be provided a card linked to their account and responsible for charges spent. Family members and Close friends are going to be the people you ask. Understandably, It’ll be difficult convincing someone to add you, so don’t take it personally. Becoming an authorized user can cause a boost in score up to 50 points!

TIP: Don’t use the card when you get added. Shred it so you won’t have any temptation.

Leveraging your credit is important to getting the most out of your money. Hopefully with these 4 hacks, you’ll get the score improvements that you need. The usual advice applies, don’t overspend with your new increased credit limits and pay your bills on time! Many people have success using the autopay feature to eliminate late payments. Feel free reach out to us and let us know how this has benefited you!

Credit Union In Portland

People choose financial institutions in order to save money or to get loans when in need and obtain financial assistance. However, some of these institutions are concerned only about making money and they have high fees. In order to achieve what you desire, it is necessary looking at different options, such as a credit union Portland. Some are familiar with Portland credit unions, some are already members, while others have not heard about them yet, missing out on great possibilities.

To begin with, understanding what Portland credit unions are is important. They are institutions similar to banks, since they offer financial products to clients. However, clients that become part of the credit union Portland are members and they can benefit from major financial services, such as obtaining a loan, having credit cards, opening a savings account, getting a mortgage and more. On the other hand, there are some distinctive characteristics that set credit unions apart from banks and these features are the ones pointing out the best in them and why they are worthy of consideration.

For once, the credit union Portland is non-profit. This gives them the possibility of offering members high interest rates for savings accounts and lower interest rates for loans and credit cards. This is always good news, as everyone wants to benefit from low fees and attractive offers and rates, this is one of the reasons why so many people have become interested in Portland credit unions and why they want to adhere as members. However, there are some requirements available for becoming a member, as not quite everyone is allowed to.

Each credit union Portland will specify what the requirements are and what it takes to be a member within the institution. In addition, there is another point worth considering that sets Portland credit unions apart from other financial institutions. Because clients are members, it makes the union focused on its members, being operated and owned by members after all. However, some of these institutions are concerned only about making money and they have high fees. Once you make a deposit, you become part of the union and you have the right to say something when important decisions are taken and when meetings are held. These institutions differ and according to their objectives, they have certain membership requirements.

Some are stricter, while others more relaxed, meaning it is enough for a person to live within a certain area in order to be part of the union. You can start looking for a credit union within your location and find out more about the offers they have, requirements and decide better depending on your needs and financial services you are looking for. What is good to know is that options exist and you don’t have to focus on banks mainly, since there are other solutions out there. Deciding right is important, especially if you are making a long-term commitment, in case you are getting a mortgage or a considerable loan.

Read About The Goldco Precious Metals

Going into the next economic cycle where we see a downturn is inevitable. We know that these things run in cycles and we know that there are always going to be dips and rises to the stock market. The value of things listed on the stock market rise and fall, and what you own of these items rises and falls with them. The trick is to find things that don’t lose a lot when downturns come around on the cycle the closer you get to retirement age so you can stay steadier instead of taking a big hit that leaves you holding a worthless portfolio just when you need it most.

One of those things that stay steady is gold and other precious metals. Physical assets are one of the most steady things you can own when the bottom drops out of the market as it has been known to do. And since there are predictions of a severe loss on the horizon of our financial investments by many of the leading experts, it is the smart thing to do in being seriously caution about moves we make financially. Finding things that are more stable like gold to invest in is, again, the smart kind of move to make.

Finding a company to do this with is just as much of a challenge. Goldco Precious Metals is one company that has proven itself over and over in the last decade when it comes to ease of use on converting accounts to gold, and reading the Goldco Precious Metals review on sites like Consumer Affairs.com solidifies this position. Customers rave about the way they are treated by Goldco Precious Metals. The customer service they provide with their rollover experts is second to none in the industry. Customers leave comments that make you eager to work with such a great company, and this is with good reason.

Goldco Precious Metals assigns two experts to each account when it is going through the conversion process from traditional savings instruments like 401K and IRA accounts. You get someone to answer your questions at all times – never dropping into a phone queue to be lost and never having the phone answered. Goldco makes the whole process easy as well – they manage the changeover from your old IRA or 401K and fund your new account with them then help you pick out the physical assets you want for your new account. All you have to do is sign the paperwork – so easy and stress-free.

Get your savings updated to be able to withstand any downturns we are in line for in the coming years by owning gold or silver with Goldco Precious Metals. They will help you get it done and then support you as you go forward, giving you information and taking care of your accounts without issues. Don’t let another month go by without taking action. You never know when you’ll run out of time to take action to protect your life’s savings from getting wiped out – call Goldco Precious Metals now.

You Should Learning About the Nadex Binary Options Marketplace

I wrote an article many years ago about how unscrupulous and deceptive Binary Options had been and why not to use them. Well everything has changed for the better in the past few years and that is no longer the case. Binary Options are now being regulated and an honest entity for making and investing your money. Why? Solely because of one factor and that factor is NADEX which stands for North American Derivatives Exchange. This one American based company has transformed a once “shady and unscrupulous” way that unregulated Binary Options businesses manipulated and bet against its own customers. But that is no more, thank goodness.

Now the Binary Options marketplace is better than regular Options and much better than Futures also. The simple fact that it costs so much less just to have the necessary financial margins required to make an initial wager is reason enough. Some futures markets require you to have a $25,000 minimum deposit before you can start wagering in their markets. Others require a minimum deposit of $5,000, but what about the individual investor that does not have that kind of capital but still wishes to invest and wager like the big boys in the markets? Well now you can invest and wager in the Binary Options marketplace known as the Nadex. Nadex is a regulated American Exchange that is both secure and honest meaning it is based on a “level Playing field”. Unlike many unregulated Binary Options companies in Europe and other countries where they are not overseen and therefore can manipulate and actually bet against their own clients. Absolutely despicable behavior and where it should be illegal it is not because they are not regulated. Nadex is regulated and overseen!

Nadex is regulated and is for individuals that want to trade spreads, Currencies and Binary Options with a small beginning balance without all of the other cumbersome margin requirements needed to begin your limited risk entry into multiple markets. It is a beneficial situation for anyone starting out wanting to wager and invest in the marketplace. That coupled with low commissions by the Nadex Exchange and your limited risk, which is guaranteed.

The Nadex exchange is based on time elements meaning you have a choice to wager on whether you want the market to go up or down and the amount of time in which that takes place. You have time limitations from as short as 5 minutes to as long as one week (5 ½ days) and all you have to do is wager the correct way the market goes, either buy or sell, nothing else. And remember you can never lose or win more than you wager. One contract is between $1-$100. Let’s use for example you wager $50 on the market to go up or buy and you are right, then you win $100, minus the commissions. It is all or nothing. If you were to wager the market going down, or sell, and you lost, you would have lost $50 plus the commissions which are now $1 each way or $2 in total which equals $52 loss. It is all or nothing in Binary Options. Either you win or you lose nothing in the middle like all other markets which makes this so easy to understand and anyone can learn and profit if you have the right software and education.

I have been trading on the Nadex Exchange for years now and have had absolutely no problems with any winning trades being credited to my account and when asking for a withdrawal it has been processed and credited to my banking account in just a few days. You can start trading on Nadex with a minimum of $100 and no margin requirements. The Nadex marketplace is open from 6 pm EST on Sunday to 4:15 pm EST on Friday. You can wager on your PC or your phone if you like as long as you have an internet connection. If you want to sign up it is Free and they have hours and hours of Free education on their website for anyone interested in learning more about this marketplace. And you can get started in just a few minutes by using your credit or debit card. I can only tell you about my experience using Nadex and it has been both profitable and a great rewarding way of learning about the different marketplaces available to the ordinary investor.

I encourage anyone wanting to know more about Binary Options and the pros and cons to contact me. Thank you.

JJ McGuire has written many articles on many different subjects and is considered an expert author and writer in his fields. A man that has seen a great deal of this world shares his insights and views for all who will read. His new Article reviewing Learning About the Nadex Binary Options Marketplace will be both informative and beneficial to all Binary Options, Futures, Commodities, Forex and Currency Traders.

Ways to Pay Off Your Home Loan Sooner

Are you looking for ways to save on your home loan? Following these simple tips will put you on the path to paying off your loan sooner or if your goal is to purchase an investment property, creating equity from which you can draw on.

Increase your repayment amounts
The simplest way to pay off your home loan sooner is to increase the amount you repay. By repaying more than the minimum you can cut the overall term of the loan and save thousands of dollars in interest. The more you pay off earlier on in your mortgage, the more you’ll save over time. Some products may charge you an early payment fee for paying your loan in advance. These costs can be large, so it’s best to always check beforehand.

Consider how mortgage features can help
Think about how using an offset account or a credit card linked to your home loan might help you keep your loan balance low. If you’re looking for ways to keep your interest down, it’s worth investigating what other features your mortgage comes with.

Take advantage if there are variable rate cuts
A lower interest rate will reduce your repayments, but if your lender reduces the interest rate, consider repaying more than the minimum loan repayment amount. This can help you save on future interest payments. Don’t pay the interest-only An interest-only loan might mean you’re able to make lower repayments for the first few years, but this means your repayments will be larger when it comes time to pay off the principal.

Consider re-financing
If you’ve had your mortgage for 12 months or more, re-financing might be able to get you a better deal on your home loan. There may be costs associated with re-financing and it’s important to take this into account.

Consider a split home loan
A split loan allows borrowers to divide their mortgage into both variable and fixed components. You can lock in a low fixed rate on part of your loan, if you only want to limit exposure to the variable rate.

Explore your options
Before you sign on the dotted line, make sure you’ve explored all of your options. It’s worth looking into whether you can get a discounted loan rate with a financial package that includes special rates on other products and services. With just a few easy steps, borrowers can significantly reduce the length of their loan and save thousands of dollars in the process.

About North Carolina credit union

People are always looking for solutions that will help them improve their lives. Since money is one of the first things most people focus on for most of their lives, they will have to find the financial solutions that will deliver the best answer. If you want to make the right choice, first you have to focus on the goals you set out for from the start.

Personal interests are usually at the top of the list. Most people spend a great deal of money on things they do not care for and the expenses do not add up at the end of the day. If you do not want to do the same thing, you should use a tool that will help you manage things better. A North Carolina credit union has just what you had in mind for it.

If you are looking for a place to settle down and raise a family, you have to buy a home first. There are quite a few properties that seem perfect for it, but you may not have the money for them. A North Carolina state credit union is going to offer you a range of loans you can solicit so you can set the foundation of your future as soon as possible.

Buying a car is a necessity rather than a whim, but it is also an investment that may be over your budget. If you are looking for solutions, the North Carolina credit union is the first source you can turn to. No matter if you seek a top of the line new vehicle or you want to get your hand on a bargain used car, they are going to finance your choice.

If you are looking for ways to increase your monthly income, the North Carolina state credit union will provide the answers for it as well. Starting a business is one of the options you have at hand for it and the credit union will support your needs. Making the right choices is going to help you build your future with a lot less effort in the end.

Using technology is common and you can do the same when you interact with the North Carolina credit union. No matter if you want to manage your account on the go, make payments, avoid penalties and other things like that, this is one of the first options you must consider. A modern credit union will offer you the answers to improve your life.

Since you are not willing to waste too much time trying to find the answers you can work with, you should use the web to cover as much ground as you can faster. This is where you will find quite a few details about each option you can turn to and you will know if the North Carolina state credit union on the site of allegacy.com is reliable or not. The more you learn about them, the surer you will be about the choice you make.

A North Carolina credit union is one of the best local sources you can turn to for financial solutions. If you are interested in any of the aspects you have read about here or others, you can turn to the North Carolina state credit union found on the site named before for the answers.

Facts about Student Loans

One of the questions that most students are asking today is that of ‘how can I get student loans?’, it seems to be at the top of everyone’s hot list and rightly so. Because once you have worked out a financing plan with a student loan or even multiple loans if needed then everything else will fall into place. There will also be a lot less stress because you would have overcome the first major hurdle to your education and indeed it will help to make a massive impact on your future after your schooling.

Below we will look at a few facts that may help you understand your options. I have simplified the answers somewhat so as not to confuse you with masses of needless ramblings and I have stuck to what Detective Friday used to say years ago, in that T.V. show Dragnet “Just give me the facts ma’am!”

Just The facts

Below is a list of tips and facts that are not in any specific order, it is just a collection of useful tips that you can store away, keep a note of the ones that resonate with you and throw the others away.

1. Before you decide to commit to any loan it is advisable to talk to your school counselor. They have their finger on the pulse and will have the latest information about student loans that will be applicable to you and have the experience to help you narrow down your search for the perfect loan. Although, not all loans are perfect but the trick is to find the one that is perfect for you.

2. Lots of educational institutions are starting to go paperless these days with many applications forms readily available for you to fill out online in the comfort of your home.

3. The first option you should consider when getting a loan is to always look at the Government loans first. They normally have much lower interest rates and you can have longer terms also.

4. Government loans were set up to provide those students that may be financially challenged and/or have some other challenging situations affecting them in their lives so as to provide as many people as possible with their right to a good education.

5. You can find the Federal Student Aid application form online and can apply online when needed.

6. Quote “For every human on Earth there are 1.6 million ants” (this has absolutely nothing to do with student loans, I just wanted to see if you were still awake).

7. After you have completed your FASA form after it is evaluated, you will receive a Student Aid Report that will show what loans you are eligible for.

8. Once you are granted a loan, you do not have to accept it.

9. It is possible to only use a part of your loan, this will depend on the specific loan provider’s conditions of course, but it is possible.

10. Private loans normally have a higher interest rate but can be more flexible with the amount of money they can provide.

11. It is a real buyers’ market, in other words, you, as a borrower, are eagerly sought after by all these loan companies who are competing. This can give you even more of an advantage because you could think about negotiating and even better deal with them.

12. Most lenders will have an online portal where you can submit a loan application.

13. The Government PLUS loan system was set up to help parents seek out the best type of Government aid for their children.

14. When you fill out the Government loan application it will probably be required that you have your parents with you as some of the information needed will have to be furnished by them.

15. When filling out any loan applications, you will have to supply detailed information about your current finances including and loans, credit cards and any other relevant information.

16. You will also need to provide all you cosigners details if you have one.

And last but not least…

17. “The total weight of those ant, however, is about the same as all the humans”

I hope that this has been of some assistance in helping you decide what type of student loans will best suit you, good, luck with your studies.