Browsing CategoryFinance

How to Financially Survive January

January can be a tricky month to navigate financially. We all enjoy the frivolities of the festive period that comes before, spending on gifts, food and nights out on top of our normal monthly outgoings. So, when January hits, many of us struggle to stretch our pay checks to cover the month. Here, we set out some useful tips that will help you to financially survive this January. Set a Budget If you’re worried about your finances this month, setting a budget will keep your spending on track and stop you purchasing things you can’t afford. Start off by calculating…

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Understanding Real Estate Depreciation As An Investor in the Industry

There are a number of tax advantages accrued to owning a rental real estate. It turns out, many investors don’t understand the tax advantages, such as real estate depreciation. The term real estate depreciation will rarely miss out on real estate investing discussions. What is real estate depreciation? Real estate depreciation refers to an income tax deduction due to depreciation on the value of a property. Essentially, depreciation reduces the amount of income tax paid by a real estate investor. Why is it commonly referred to as “phantom” expense? Well, there is no physical check written hence the term. Investors…

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Tips To Help You When Using Short-Term Investments

The modern marketplace is highly competitive. We are moving towards a global economy so things are rapidly changing. Even experienced investors like Marc Leder need to do a lot more work when they make an investment choice since more variables have to be considered than in the past. For a beginner everything is more complicated since he/she lacks the knowledge needed to quickly identify investment opportunities. Because of how complex investments are, specialists recommend that beginners always focus on the longer-term deals. This is a good idea since risk is lower. However, since you are here, you are most likely…

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Patrick Dwyer Financial Advisor on the Importance of Educating Finance

Whenever I have a chance to get back to Miami I love nothing more than catching up with my good friend Patrick Dwyer financial advisor and someone who I have known for over 40 years. Last week we were sat in a bar in Miami and given that we are both now parents the conversation shifted to education. We both agreed that the education system as it is does not prepare our kids properly for real life and in Patrick’s view, more must be taught in schools about finance. Of course as a financial advisor Patrick sees first hand just…

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Retirement? That’s a Long Way Off…Or Is It?

It is never too soon to start planning for retirement. Many people begin in their twenties following college graduation and landing a career position, or even with just an ordinary job to pay the bills. But even if you have waited several decades and are now in your forties or fifties, you can still set up an effective retirement plan to ensure your finances are ready when you are. In addition to attending retirement planning seminars given by trusted individuals and companies, the following tips can help you to develop a proven strategy for a successful investment plan in keeping…

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Frugal Finance – 5 Easy Ways to Save Money as a Low-Income Earner

If you are a low-income earner, you probably don’t have an emergency savings fund. When covering the weekly expenses and never-ending bills, it can be a challenge to put some money aside for a rainy day. However, while it might be a struggle, it is worth it to provide your family with a safety net and some peace of mind. Here are five tips that will have you watching your savings blossom: Cut the Interest The first step to building your savings is to eliminate debt. If you have a credit card or high-interest loan, it can be challenging to…

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Quick tips to acquire a home loan you can afford

Acquiring a good rate on a mortgage feels more like a comparison shopping. It involves more than just your credit score. The mortgage industry involves multiple factors to know if you qualify for a mortgage as well as the interest you will pay. There’s a lot that goes on. Mortgage rates differ by several percentage points based on the factors that we will tackle below.The difference can mean a higher or lower monthly payment as well as differences in interest payments over the loan’s life. If you’re looking to get the best mortgage rate there is, you need to ensure…

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New Marketing Partnership for Eight Time Bundesliga Champions

Keeping in line with other financial companies aligning with European football clubs, global investment firm GMO Trading has announced a regional partnership with eight-time Bundesliga champions Borussia Dortmund. The company will become the official regional partner for the football club during the club’s 2018-19 campaign. As part of its selling push this year GMO Trading is aggressively marketing its advanced trading platform. Currently clients throughout Europe are using it to trade CFDs in a secure environment that they can access anywhere and at any time. The terms of the deal include co-operative marketing initiatives between the two throughout Europe outside…

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Benefits between Short Term Loans and Long Term Loans

  Loans are becoming a need of today’s business and time. The thought of getting a loan has passed by everybody’s mind at some point of time. Usually it is not meticulously thought out yet they have the idea of getting a loan back in their mind. A loan is nothing but a specific amount of money that someone borrows to pay back later. The loan period is set for a particular time and needs to pay back with the interest charge. There are different types of loans like short and long term loans with various benefits attached to it.…

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