Life Insurance: Your Baby is Royalty, too!

The media has gone baby crazy after the recent birth of Britain’s Prince William and Kate Middleton’s baby boy christened Prince George, or as the media has dubbed him – the royal baby.  Let’s be honest though, regardless of who the baby is born to, we all like to treat our children like princes and princesses.

The arrival of a child is one the most magical events in people’s lives, and as soon as you gaze down at that tiny, squishy face for the first time you realize that you’re not just living life for yourself anymore, you have a new purpose in life and you’ll do anything to keep that baby happy forever. Parenthood brings out an inherent sense of selflessness and devotion from within us, along with a fierce protective nature we didn’t know could exist at such levels of intensity.

While every parent wants the very best for their child, most parents, especially those who have given birth to their first child, don’t really know where to start, and more crucially how soon they have to start. Remember, from the word go and up until the next couple of decades at the very least that child will look to you for protection, guidance and safety. Even the greatest of affection and the noblest intentions however can be thwarted due to ill judgment and a lack of knowledge.

So for those who are planning on having a baby in the future or have recently given birth to a child, you must know how to protect your child’s future, and how that means securing your own future more than anything else.

Life insurance for the child

First things first, should you buy a separate insurance policy for your newborn? The answer depends on how much disposable income you have. While the premiums are low, so is the payout, so don’t look for a bumper swell in your kid’s coffers in the future, but if you do invest in such a policy, the benefits could account for a decent base for the kid’s college fund. Also, if you get a permanent life insurance policy with a guaranteed insurability rider, which will ensure you child has a policy at the best possible rates for his or her entire life, regardless of any medical complications they may pick up in the future. When you child gets older he or she can also borrow money on the policy, which means they have a convenient method to access loans in case they need any.

Life insurance for the parents

Above all though, make sure you and the mother have comprehensive life insurance policies taken out on yourselves, because nothing will secure your child’s future as much as this. Not only will it provide your child with security in case of something unfortunate happens to his or her parents, but also, a term based life insurance policy will provide a good chunk of capital in the future, and as such is a prudent form of investment. For example, a long term insurance of 20 odd years taken out when the baby is a newly born means you can provide him or her with a very stable base when they begin their lives as adults and professionals. Furthermore, depending on the timing of the policy, you can pay for the child’s college or better secure your post retirement future if you’ve spent your savings on the child’s education, so it’s a win-win either way.

The younger and healthier you are, they cheaper the premiums, so do the math and get a policy as soon as conceivable. If you are reading this only because you plan to have babies in the future, don’t even wait till the baby is born, get life insurance for yourself and your wife before she gets pregnant, because complications during pregnancy can cause an increase in premium rates and extreme cases even outright refusal for a time period. Most times though the complications don’t cause any permanent damage though, which means as long the mom is healthy; she can apply for an insurance policy at a later date, typically six months after the pregnancy.

In today’s day and age, a life insurance policy is not only prudent financial planning, but an absolute necessity. This is only made more apparent when you have a new life in your house that is totally dependent on you. Find the best rates for life insurance policies when investing though, and guard against unscrupulous agents or other sources that are likely to push you towards one particular insurer based on their commissions. Assess all your options before investing use an online tool such as AccuQuote, IntelliQuote or any such website. Look for one that provides the most sensible and reliable advice, and has a wide array of big insurance brands under its umbrella, because this is a good indicator that the site will not favor one of its associated brands over another, and will provide you with the fairest offers possible.  

Author bio: Frank Mitchell has worked as a life insurance agent for 10 years.  After an accident in 2011 that kept him at home for more than a year, Frank started offering advice on forums and other social media networks. He now works as financial advisor and in his spare time writes articles on subjects he is passionate about. On the weekends, you’ll find Frank dirt biking.

Various Types Of Investments To Make Your Money Grow

Investing is an activity that takes research and know-how to be successful at. Investing is, no doubt, a ideal way to make your money grow. Some of the most successful people in the world have made their fortunes through smart investments. Investing your money can definitely be a smart alternative to take with your money rather than blowing it on gambling or the lottery. You might want to break into the world of investing but don’t quite know where to begin. Fortunately, there are plenty of companies and experts out there, such as Peter Briger co-chariman Fortress, who possess the knowledge and skills to assist you. Perhaps one of the most essential aspects of investment for you to know first is the different types of investments.

Private Equity

Private equity investments include those investments that are concerned with cash flows and other asset-based businesses. Private equity investments primarily fall into seven major categories that include industries such as finances, transportation, senior living and healthcare, media and telecommunications, leisure, real estate and energy infrastructure. Private equity funds and castles within these sectors can prove to be advantageous investments.

Credit

Credit investments are mostly focused on global investments, such as assets that are undervalued, distressed, or illiquid. Assets such as these can become complex in their operation, especially illiquid assets that can be difficult to trade because of the uncertainty associated with their values. However, they can also prove to be quite profitable investments in the long-run.

Liquid Markets

Liquid markets are those markets that come with a high degree of liquidity. They are usually invested in daily and include markets like stocks, money market securities, blue chips and government bonds. Liquid markets usually comprise a wide range of buyers and sellers and can easily be traded in for a cash value. They are among the most popular types of markets to invest in and can be quite profitable for investors who know what they’re doing. The Foreign Exchange Market is perhaps one of the most well-known liquid markets, which deals with buying one currency in exchange for another currency. Various factors can affect liquid markets, such as inflation, interest rates, uncertainty and other factors.

Investment Management Services

Investment management services can help you manage your assets wisely. They can also help clients actively manage their investments solutions over a wide range of grown equity and fixed income strategies. Such services can also assist clients in covering the breadth of maturity and risk spectrums, including the short, intermediate and long-term duration of those spectrums. They can also offer clients services in investment grade credit as well as high yield and emerging market debt. Some of the people who use investment management services include those as prominent as plan sponsors, corporations, consultant-driven mandates, investment companies, insurance companies and government entities.

Selecting an Investment Company

When selecting an investment company to guide you in your investments, ensure that you select one that is asset-based, has knowledge of the industry and is well-skilled in operations management, capital markets and corporate mergers and acquisitions. Check the company’s core competencies and ensure that they are successful in their own investments before trusting them to manage yours. You want a company that has a trusted team of professionals who really know what they’re doing when it comes to investment strategies.

Is the World in Economic Remission?

There have been signs in recent years that the global economy is finally entering into a stage of economic remission. However, this remission is still limited by a number of different factors, from the effect of government borrowing to a slower than expected rate of recovery in some countries. Anyone that wants to stay on top of the current world economic market can do so by using financial reporting software, and by taking the time to review different trends from around the world on a regular basis.

The International Monetary Fund’s recent report into the state of the world economy indicates that we’re still experiencing a period of adjustment and cautious growth – this primarily involves countries having to adapt to new conditions following the financial crisis of 2008, as well as more long term structural issues with debt. For example, China has experienced an account surplus, while government investment in property schemes in the UK are injecting public money into the economy without necessarily lowering the risk of future economic problems.

It’s important to view the global economy as being in remission, rather than full recovery. The US government shutdown is threatening to derail a period of extended economy recovery, while concerns are still being raised over the American debt ceiling. Budget wrangling issues also have an effect on credit lines, and on the value of the dollar. To this extent, the IMF’s Christine Lagarde is suggesting that failure to resolve political infighting could delay the chance of continued economic recovery and confidence in the global market.

At best, recovery is going to be sluggish in most countries, despite stimulus packages. Some positive signs of recovery are being shown in Europe and Japan, with the latter’s quantitative easing programme helping to reverse some negative economic trends. The eurozone’s quarterly growth has been stable, although economic expansion in the US has slowed in the second half of 2013 to 2.3 per cent; unemployment also remains a major concern for the United States.

In the eurozone, debt levels are still being affected by the cost of bail outs for the banking sector, and by cautious approaches to raising interest rates below low figures. Some recent increases in the euro against the dollar – 0.6 per cent at last count – is, however, positive considering the problems faced by the eurozone in recent years. Optimism over a senate confidence vote for Italian Prime Minister Enrico Letta is also contributing to cautious signs of recovery in some of the worst hit European economies.

Investors that want to stay ahead of market trends for the international economy can do so by ensuring that they sign up to financial reporting software; this can make it possible to receive realtime updates on price indexes and factors such as the cost of logistics. Moreover, it’s worth using software as a way of processing large amounts of data and gaining insights into and comparisons of different markets.

Piter Thomas blogs about the state of Europe’s financial markets. He recommends using CaseWare software to keep track of your accounts. He also blogs about FOREX and investment options for commodities.

Basic Terms of Forex Trading

Foreign exchange trading, or Forex trading, has become hugely popular over the past few years. Many traders have realized that there is potential in the Forex market, and they can make a lot of money if they trade intelligently. However, the Forex market is extremely complex, and it can take a while to get a full understanding of how everything works. Here is a look at some of the basic terms and characteristics of Forex trading.

Trading Hours:
Forex trading takes place 24/7 for five days a week. The first trade of the week begins at 22:00 GMT on Sunday, and the last trade comes to a close at 21:00 GMT on Friday. Depending on the instruments being traded, there may be specific trading hours. However, most instruments will be open for trade as long as the Forex market is running.

PIP:
PIP is short for Percentage In Point. This is the equivalent to the smallest price difference that can occur to an exchange rate. For example, if an exchange rate changes from 1.1215 to 1.1216 the change of .0001 can be defined as the PIP.

Leverage:
A person is trading with leverage when they are using borrowed money to increase their potential return on a Forex investment. Leverage allows you to increase the purchasing power you have. For example, someone who makes a deposit of only $1000 can use leverage to get purchasing power up to $30,000.

Spread:
This is the different between the buy and sell prices for two different currencies. As an example, we will take the Euro and United States dollar. If they EURO/US Dollar exchange rate is trading at 1.43 for buy and 1.4295 for sell then the spread of the trade is 5 PIPS.

Automatic Rollover:
Automatic rollover allows an investor to keep their position open for as long as they want. Every new position that is opened has an expiry date. If that expiry date is reached, the processes will be automatically rolled over until the next expiry date (or a time of your choosing).

Automatic Risk Management System:
The automatic risk management system at iForex (www.iforex.in) is designed to ensure that you do not lose more than your initial investment. This ensures that whenever the market is turning against your prediction, you are closed out of that trade when you are at a risk of losing more money than you put in.

Example of a Trade on iForex:
You open up your trading account and decide to invest $200. iForex allows you to increase your leverage up to 400, which means you can open up a trade for as much as $80,000.

However, you decide that you do not want to put in too much leverage. Thus you decide to leverage at 10 times what you put in. You have also chosen to trade in Euros/US Dollars. The currencies are trading at 1.33 when you begin your trade, and you purchase 2000 euros ($2660).

After a few days pass, the value of the Euros/US Dollars is now 1.345. At this price, you decide to convert your 2000 euros back to Dollars and it leaves you with $2690. This means that you made a total profit of $30 on the trade.

For more information visit iforex help center

Are You Too Old To For Life Insurance?

If you are reaching your retirement years, you may be re-evaluating your outgoings. You really don’t want to be spending money on something you don’t need, so what about life insurance? Will you really need life insurance after you have retired, once you no longer have the responsibilities you once had?

On the other hand, maybe you have never had life insurance, and you are wondering if it’s a good idea to look into it now. To help you work out whether you need life insurance as a senior, take a look at the following questions.

Who relies on you?

One of the advantages of life insurance is that it can help to provide for loved ones you leave behind. If you have a partner who relies on you financially, life insurance could help to provide for them financially when you’re gone.

The same applies if you have young children in your care. They may not be your children, but they could be your grandchildren, or other family members you take care of. Or perhaps you have grown children with special needs. Life insurance could help to provide for them financially if something were to happen to you. Find out more about GIO funeral insurance at their official site & find out whats in it for you.

Do you have a mortgage?

Most people aim to have their mortgage paid off by the time they retire, however, these things don’t always go to plan. If you have a mortgage that still needs to be paid off, or perhaps you have a mortgage on an investment property, life insurance could help pay it off.

If you have any large debts, such as large personal loans or car loans, life insurance could help to cover these too.

Do you have your own business?

Even if you have reached retirement age, that doesn’t necessarily mean you are ready to retire. If your family relies on the income from your job, it’s important to think about how they would cope financially if that paycheck was no longer coming in.

If you run your own business, you have a responsibility to your employees and your business partners. Life insurance can also help to cover business-related costs if you choose the right policy.

Do you have money set aside for your funeral?

While it’s not something most people like to think about, funerals are unavoidable, and generally quite expensive. If you don’t have money set aside to pay for your funeral, your loved ones will have to cover the costs.

Life insurance can cover the costs associated with funeral arrangements, or alternatively, you could invest in funeral insurance, which offers specific cover for funerals.

Do you want to leave an inheritance?

Life insurance can offer a way to leave money to friends and family without the same tax implications of leaving them an inheritance in your will. Speak to a professional about this if you want to know more, as taxes vary according to circumstance and location.

If any of these situations apply to you, perhaps life insurance is for you. If you want to invest in life insurance, compare all your options, speak to your provider if you have questions, and read the terms and conditions in full.

Some Tips On Investing In Gold

Gold is the one currency that’s accepted almost anyplace in the world. It has been widely recognized through history, and it’s the most precious of all precious metals. Gold is one of the safest investments, and the prices and value are rising. Whether you want to collect and sell scrap gold from jewelry for a little extra cash, or you decide to get into heavy investing, here are some tips on investing in gold.

There are three basic gold investment methods: buying scrap gold, buying gold bullion, or investing in gold futures. All have varying degrees of risk, with a different degree of payoff. The easiest method for new, small investors is to go to family and friends, local auctions, estate sales or advertisements and offer a fair price for collections of gold jewelry or scrap gold. This can be resold at a local pawn or jewelry shop for a small profit is you price it right.

The next method is investing in gold bullion. This method of investing in gold is a solid long-term investment with very low risk; even in a bad economy gold prices hold steady over time and gold is recognized in every economic system around the world. You need little experience to begin this type of investing, just good reference material about coins and market value, and the rewards can be substantial once you learn the ropes. You can buy and sell rare or historic coins or buy gold in bars. Gold in bar form is normally 99.5 to 99.99 percent pure, and common markings are Credit Suisse, Metalor, PAMP, and Johnson Matthey, which are the names of the most productive gold refineries. Gold is sold by weight, with coins weighing from 0.10 oz to 1 oz, and gold bars sold in 1 oz., 10 oz. and 100 oz. weights. The next step is to find a reputable dealer who has been in business for a while. Banks, auction houses, local gold wholesalers and online brokerages are good sources. Gold is usually purchased at or just below market value, with a one percent premium attached. Click here to find more information on buying and selling gold and silver coins and bars.

Buying gold futures is a variable investment that depends in part on speculating on the short-term value of the commodity. This can be as high risk as traditional investing, and it isn’t a good option for someone new to the market.

Career: Life-saving skills for Doomsday

If you think that doomsday preparation is all about preparing your Underground Shelter, then think again. There are many skills that you need to learn in order to save your life and the lives of others as well. Remember that surviving Doomsday is not only about managing to make it through the end of the world but also about managing to live after it. Survivalist skills are vital and should be learnt. If you are at a stage where you are still choosing your career then make sure it is one which teaches you all the skills to survive doomsday. That way, when the end of the world is here, you will be prepared to make it through.

Your choice of career will also depend on kind of skills that you want to have. Do you want to help in technical survival skills or do you want to help save lives from a more medical perspective? Depending on your passion, you can choose the right profession which will also train you in the requisite skills.

What are the skills that you could pick up?

Become a doctor

If you want to devote yourself to saving lives, then go in for a medical career. In the absolute chaos and anarchy that follows doomsday, there will be a lack of facilities and proper medicine. In the absence of such facilities, even small wounds and illnesses can mean certain death.

Even a trivial wound can kill you if it becomes dirty. If you are a doctor, you can treat it properly and prevent infection. You can even suture it if required. If a person falls sick and there are no right medicines available, your medical knowledge and experience can ensure that you find ways to treat the illness in a timely manner. Your skills as a doctor will be invaluable in the death and destruction that is inevitable after an apocalypse.

Being a lifesaver

Do you think that your skills lie in immediate life saving? Then, you can join the military. What better place could there be to be physically fit and learn crucial survival skills that could save lives? In the army, your body will be honed to become a finely tuned fighting machine, adept at surviving in all kinds of adverse situations. You will be taught endurance and safety exercises. What more would you need to survive the end of the world? Joining the military will equip you with what you need.

Making machines work

In all the confusion, you will need to get to different places and fast. For that, you need expert knowledge of cars and how to work them out. If you think that academic careers are not for you, then a vocation as an automobile mechanic could also be just the thing. It will teach you on how to hotwire cars and so on.

Not just cars, if you think that you have a knack for gadgets and the like, then making a profession out of it can be crucial if ever the apocalypse comes calling at your doorstep.

Thus, there are many kinds of schools that you cold pick up in order to survive the apocalypse. It all depends on your preference and what you would like to do. When choosing a career option, make sure that it is something that fits into your general scheme of likes and dislikes. Also, make sure it equips you with the practical skills that you would require in the difficult days to come. Choose something that you will love doing because your passion will be sorely tested during doomsday.

About the author

Brent is a leading doomsday author and expert. He runs his own website where he advises his readers on what to do in the event of doomsday and how best to prepare for it, like preparing an Underground Shelter, for eg. Brent loves listening to indie music. 

How To Attract More Customers To Your Small Business?

A big part of owning your own business is getting it to be successful. In fact it’s the biggest part of owning a business, unless you need a loss-making enterprise to balance your books, but we won’t go there. If it is your aim to make your business successful, there’s only one way to go about it – find new customers and keep them.

Keeping customers is completely dependent upon you and your product or service. As long as your product is of a sufficient quality, your after sales services are sound, and all that other stuff about competitive pricing and competent employees is taken care off (this stuff is pretty straightforward and you’ll fine reams and reams of articles dedicated to it, so I’m not going to touch it here) you’ll be able to retain your customers.

How you get them to come to you in the first place, well that’s a little tricky, and that’s also why we are here today. That first contact is crucial, when a customer comes to you for the first time, he stepping into the unknown, he doesn’t know what he’ll get but he will have some expectations coming in. You have to anticipate there preconceived notions and surpass them too, that’s the most fool proof way of making sure he keeps coming back for more.

Tips for attracting customers to your business

• Develop your brand’s identity.

Make sure your brand is instantly distinguishable from the throng. This means your logo, your packaging, and your branding should all converge in a way that makes your product appear unique and different from the rest. This is important, because unless your product or service isn’t easily identifiable, how do you expect your clients to remember it?

• Advertising.

If you want new customers you have to advertise your product. It’s the most basic step, and one that many people take for granted. Advertising isn’t just about throwing money at a media and waiting for the customers to show, it requires innovation and nous to be effective to a greater degree. You need to understand what your target market is, and then come up with a plan to reach as much of that target market as you can, at the lowest cost. This could involve everything from flyers to television ads and everything in between. Effective advertising can bring you massive volumes of consumers, and as such should be implemented with great focus.

• Go online.

Having a web presence is absolutely vital in today’s day and age. With the internet literally at everyone’s finger tips, you never know who might come across your company while looking for the kind of products you offer, and then decide to do business with you. Also, if friends or family mention a product and how good or bad it is, now, the natural reaction to such a conversation is to Google the product and see what you can find out about it.

• Accept credit cards.

If you aren’t accepting alternative methods of payment, you’re losing out on a decently sized fraction of your demographic right there. People want convenience while shopping today, and by denying the use of plastic money, you’re offering them the exact opposite of convenience. As soon as word spreads that you don’t accept credit cards, people will be predisposed to taking their business elsewhere, regardless of your product. If you think that credit cards are too expensive a hassle to take on, check out specialist vendors who deal in only the business of credit cards. Some like creditcardprocessing can help you get an account started in just one day. These guys will charge a lot lesser than your average bank, and provide a more streamlined service, because unlike banks, this is all they do. There are others like PayPal but you should compare commissions and processing fees to see what works best for your business.

• Create a buzz.

Help create a positive vibe about your product in the online sphere. Request your regular customers who are quite happy with your product, to write a good review for it online. They’ll usually be more than happy to oblige, and just need that initial push. If you notice someone has given you a solid review, send them a thank you note and a discount coupon or a small gift, this will only encourage them and others who hear about this to give you more referrals in the future.

Increasing your business isn’t really rocket science, and as long as you put in enough effort and perseverance into it, and approach it in an intelligent fashion, you’re bound to succeed. Follow the aforementioned tips diligently, and you’ll be improving your customer base in no time.

How To – How To Cope With High Risk Credit Card Processing

High Risk Credit Card Processing is something that many companies are doing these days. It is easy to find out which companies are offering this type of card. Click here for more.

Many people fall into the category of having bad credit. Credit becomes unstable when someone loses their job or gets a reduction of hours. They might have several loans out at that time, and this does not help them at all. They might be dipping into their savings accounts more than they would like to. Credit can become out of control in a matter of days. Keeping a close eye on the credit can prevent major problems for families. Credit is needed almost anywhere.

When a family is looking to move into a new home, they will usually need to have decent credit. If they want to do some holiday shopping, they will want to have a good credit card. A high risk card might not have the lowest interest rate that a family would like, but if it is all that they can get, it will do the job. Asking the company what the card restrictions are is a good thing. These types of cards need to be reloaded with cash each time a customer wants to make a purchase. This way, the company is not at a huge loss if the person cannot repay the card. It is a great method to help people with bad credit. They can begin to create a new credit report. It is like a second chance that comes with a low risk. Since the person needs to have most of the money upfront, they will take care of the card much better.

Having a credit card with a high limit is like getting anything in the world. There is no fear of not getting something. It only hurts when the bill comes and needs to be paid. There will be no such bill with this type of card. There are interest rates that need to be paid, just like any other type of credit loan though. These are often affordable, since the card will not have a large limit. It is wise to check into all of the different companies offering these types of cards. They will all have different usage terms and interest rates. Choose one that looks attractive for the particular situation that is needed. None of them should give families any trouble at all.

Reporting of Credit Card & Merchant Payments to the IRS

The laws began to become legal in 2008, and in 2011 they were thrown to the public and enacted. As a merchant with a merchant account of any kind, when someone pays you for your services, the IRS wants a 1099k sent to them with the gross receipts of each card. The cardholder bank and merchant servicers are responsible for the 1099k. You need to make certain that you have wonderful records, because all they want is the gross receipts that you received. You will be notified of the amounts from each one.

With your records you need to be able to prove any chargebacks, any canceled purchases, etc. The gross amount is what’s given, you don’t always receive what was paid to you. Things go awry after a purchase with some of them, or adjustments are made. The IRS is not after that amount. They only want the gross amount, and that can be a nightmare for all concerned.

Bookkeeper nightmare

It’s hard enough running a business each day without a bookkeeping nightmare and with this law, Treasury Decision 9496- related to Internal Revenue Code Section 6050W, it makes things even harder. So, whoever is doing your books will need to cross reference each purchase and make sure that the whole history is there. From the moment the button is pushed and the card comes into play, to the end of the transaction, whether it’s done right then, or if it keeps returning because of issues. The whole story will need to be included somewhere in the files.

The IRS is only concerned with the gross story going on with the receipt and it doesn’t tell the whole enchilada. That purchase may have been altered and it may have been canceled. But, the IRS gets the gross purchase without the Cinderella ending. So, it’s up to the book keeper to make the job easier all the way to the end and get those reductions where they are needed.

When hair flies

Book keeping can be one tough job. When a business has 30 people with their hands in the cookie jar every day, each purchase has a different story. Trying to keep track of them all is a nightmare.  So, get with your book keeper and organize a simple system that will work for everyone. Don’t make it too intricate and don’t leave out important information for things. It may take a few tries for everyone to get it right, but once the system is working smoothly, don’t change it. People generally hate change anyway, but they work with stealth like reflexes when they have a system they know and it all flows well.

Be prepared

Stay up to date with your IRS information and know this particular one well. It could drown you with issues come tax time. Just know that with each transaction you need to follow it from beginning to end and know the story behind it. Have good records so that if something should arise later on, you can find it in your files and take care of it. Good luck with the law, and the gross receipts from your merchant account, and the 1099k.

Hello, I’m Blair Thomas and I’m an electronic payment expert and the co-founder of eMerchantBroker.com from Los Angeles, CA, the #1 adult dating merchant account company in the country.  I enjoy hiking, dining and discovering new music. When I’m not working in the electronic payments industry, you can most likely find me producing and writing music. Add me to your circles at Google +