Advantages and Disadvantages of Mutual Funds

July 23, 2014 Finance Tips

A mutual fund is a professional type of managed collective investment scheme that brings together money from numerous investors in order to purchase securities and allows for fund rating. There is technically no legal definition for the term “mutual fund.” Mutual funds are generally applied only to those collective investments that are regulated and sold to the public. Sometimes they are referred to as “investment companies” or “registered investment companies.” Most fund rating mutual funds are “open-ended”, which means stockholders can buy or sell shares of the fund any time they please by redeeming them from the fund rating itself, rather than on an exchange.

Mutual funds have advantages and disadvantages when compared to direct investing in individual securities, which is why fund rating is so important. Mutual funds have a long history in the United States and they play an important role in everyday finances, such as retirement planning. There are three types of mutual funds: open-end, unit investment trust, and closed-end. The most common type, the open-end fund, has be willing to buy back shares from investors at any time. Exchange-traded funds (ETF) are open-end funds or unit investment trusts that trade based on an exchange. Mutual funds are generally classified based on their principal investments. The four main categories of funds are money market funds, bond mutual funds, stock funds and hybrid funds. Funds may also be categorized as index or actively managed.

Investors experience low risk and the possibility of high returns with fund rating mutual funds. Mutual fund managers have proper access to the market information. This gives them adequate ways to responsibly make investment decisions for their managed funds. Fund rating mutual funds offer investors a wide variety of stocks and bonds in which to choose from when deciding what to do with their assets. Investing in mutual funds gives investors the ease to liquify or redeem their funds if they are in a financial emergency, another reason for fund rating.

Three Major Benefits of Using Mobile Card Payments for Your Business

July 22, 2014 Finance Tips

Think about the traditional setup of a retail or restaurant business: there is either only one payment terminal, or there is more than one, but they are only located in specific spots throughout the establishment. While this layout is common, it is sometimes inconvenient, and it could lead to risk for customers paying for goods and services with credit and debit cards. Yet a new option exists today the seeks to change how business is conducted when customers pay with a card. Because of consumer demand and technological advances, mobile card payments are now being accepted around the world.

What are mobile payments? Mobile payments use mobile technology, such as tablets and smartphones, in order to process credit card transactions. These types of payments are processed just as they would be at any other terminal, only they take advantage of mobile technology for businesses that operate in one location or on-the-go. These types of merchant services are beneficial for businesses for a variety of reasons, such as…

Security Mobile card payments are processed by the same providers who handle credit card transactions for your payment terminals, including virtual ones online. They meet PCI standards for security and transfer funds through encrypted connections, so data breaches won’t have to be a concern for businesses or their customers. That security extends to both traveling businesses and those that operate in one place. For example, in a restaurant, customers won’t have to worry about a server misplacing a credit card. With mobile payments, their meal can be paid for right at their table without having to get up or lose sight of their credit card. This protects customers, and it guards your employees from accusations of theft or fraud.

Convenience Just as customers won’t have to get up or worry about a card go missing in a restaurant, mobile card payments have advantages in retail spaces, too. If there’s a long line at one cash register in your shop, an employee can take lighter transactions using a mobile payment terminal on a tablet or smartphone to move customers along. This is especially advantageous around the holidays when stores are busy.

Mobility Finally, if your business travels to different locations, such as festivals, conventions, or other gatherings, you can take credit card payments. This offers a simple options for customers who otherwise might not have cash on them. It can also give your business a professional appearance to show that you care about bringing in all types of revenue. Additionally, you will have the ability to turn down checks if fraud has been an issue for your business in the past. Now you can say “cash or card” instead of “cash only.”

Want to know more about the advantages of mobile card payments for business? Talk to your payment provider to see what options they offer. If your merchant card services company doesn’t support mobile payments, ecommerce.com/articles/975-Ecommerce-Know-How-Understanding-Your-Payment-Processing-Statement” Title=”Read more on Accept credit cards online free”>find out which other payment processing companies can perform these transactions for you. If you have any general questions or advice on using mobile payments solutions, leave a comment.

Annuities For Dummies What You Need to Know

July 17, 2014 Finance Tips

Are you looking for a different way to gain money when you’re older, besides the usual 401k plan? Buying annuities can be a better alternative or an addition to other long-term monetary plans you have implemented. This article will provide some key information regarding annuities for dummies.

After buying annuities, people generally demonstrate a certain unique loyalty and commitment to their purchases. In fact, around 93% report they still own their first annuity. People generally buy an annuity to help them manage their incomes in retirement, because it provides them with a steady stream of income for a set amount of years, or until it runs out.

First off, what are annuities, exactly? They are a complex investment and/or insurance product that is sold by an insurance company.

Many people will try to deter you from buying annuities, on the grounds that insurance agents collect a large commission, or that you may not qualify for an annuity. Those with an annual household income below $100,000 may not qualify for purchasing this product (eight out of 10 people do not qualify), yet it can be a great investment decision if you do qualify.

Before you purchasing an annuity, you should figure out why you are buying it and what you want it to do for you. Ask yourself these three questions:

What type of annuity am I buying?

An immediate annuity is when you pay an annuity lump sum payment in order to start receiving monthly fixed or variable incomes. You should purchase this type if you are looking for guaranteed income and want an income that will last for the rest of your life.

Deferred annuities require a deposit to an insurance company, which will then cause the money to grow, tax deferred, until you reach a certain age (most likely around age 60) or a certain date is set. Fixed annuities provide you with a specific rate of return that the insurance company guarantees you.

A variable annuity, on the other hand, is for those who want a tax deferral. This type is not recommended for those trying to meet short-term goals because there can be substantial taxes and insurance charges that apply if you withdraw your money early.

Why are you buying the annuity? Some people don’t understand why they are buying annuities, so make sure you do some research first. If you have already explored other investment or retirement options, then this may be the best choice for you.

One benefit of this investment plan is that you are guaranteed a minimum level of income during your retirement every month, as opposed to receiving a lump sum of money you won’t know what to do with.

What happens if I die? You must name a beneficiary for your annuity if you decide to purchase one. Most will also offer death benefits to family members. Understand that those inheriting the annuity after you have passed must pay an income tax no matter what is left of the annuity.

Talk to a trusted insurance company or lawyer about whether or not this retirement investment option is for you.

Money Management Why Everyone Needs It

July 15, 2014 Finance Tips

Managing your money is one of the most important aspects to living a stable life. Managing your money can provide stability for tax preparation, retirement saving and leisurely living. The number of people in the US who use a financial planner has risen twenty one percent since the 1990s, and rightfully so. People care about their money more now than ever before. Our economy has been bouncing back and forth over the past ten years and managing your money along with financial risk managment can help provide a you and your family with a positive outlook on living.

While an estimated quarter of all Americans use a finical planner to assist with finances, it is helpful to seek the services of a certified financial account, tax accountant or a work with an accounting firm. Doing so can help you learn accounting tips and tricks that will make managing your money much more easier. Tax season is obviously the busiest for many CPAs as Americans hire over 1 million CPAs and finance professionals to help with their taxes each year.

Many people are confused when it comes to “what is financial accounting” but not knowing should scare you away from managing your money. Money is the most important thing for businesses and professionals, but few understand it and know how to manage it. Professional bookkeeping can help change this as it provides businesses and individuals with accurate financial data so they can make better spending decisions.

Even before jumping to a professional, it is important to understand the basics of economics and how to put your money to work for you. It’s important to know where you are spending your money and how to budget, set goals and create a plan for financial success. Working with a financial planner can help you acquire savings to fall back on in case of emergencies or create a retirement fund so you won’t be working until your eighty five.

Managing your money is the most important thing anyone can do better their future. By limiting spending and living below your means, you can build wealth and create bright future for you and your family. Don’t be complacent and sit down with a professional to help get you started on a path to wealth.

Three Payment Processing Solutions Your Business Might Need

July 15, 2014 Finance Tips

Does your business accept credit cards? If not, you may notice that you don’t receive the same level of business as your competitors. While cash and checks work for some customers, many don’t carry these items with them on a daily basis, choosing instead to use credit and debit cards. If you would like to boost your business’s earning, it’s important to find credit card payment processing solutions that you can trust.

What are your options for payment processing solutions? There are several different ways that your customers can pay, and they all offer convenience and can maximize your revenue. Here are some suggestions:

merchant services

eCommerce solutions: eCommerce

Mobile payment processing: Mobile payments can be completed

Have more questions about payment processing? Talk to a company that offers these services to see which ones are right for your business.

Dealing With Debt; The Light At The End Of The Tunnel

July 14, 2014 Finance Tips

Debt affects the majority of American households. American consumers owe an estimated $11.13 trillion in debt, and the numbers continue to rise. According to a CBS news report, American debt rises by a whopping %75 million dollars each hour. In fact, the average American household carries $117,951 in debt according to Statistic Brain. However, credit cards account for just 5.5% of total household debt. However, all debt is not created equal. It’s estimated that nearly 41% of Americans in the workforce are currently paying off medical debt. College degrees also come with a hefty price tag, as the average college graduate owes an estimated $31,509 in student loan debt. There are, however, tools and resources such as debt management services and other debt solutions than can help with debt and therefore allow you to move forward.

Dealing with debt can seem overwhelming at times, and you may be wondering where to get financial advice. Debt management services can offer you the best financial advice in addition to debt counselling to suite your specific financial needs. Debt management services specialize in finding solutions based on your unique situation, as programs vary depending on the type of debt you have. Research companies that offer flexible debt management services, and that can also offer financial planning advice, especially financial advice for college students if that applies to you. It’s important to remember that just as there was a way getting into debt, there is also a way out.

Good refereneces: www.thedebtmanagementgroup.com

Buying Real Estate Companies

July 14, 2014 Finance Tips

Buying commercial real estate includes commercial real estate companies such as warehouses, multifamily housing, medical centers, hotels, malls, industrial property, office buildings, retail stores, farm land, and garages. These types of companies can offer a profit for the buyer depending on how much they are investing when buying commercial real estate. The term commercial property, which is also called an investment or income property, refers to land or buildings that are intended to make a profit, either from rental income or capital gain. Buying commercial real estate falls under this categories. When buying commercial real estate, a few companies stands out for focusing on commercial real estate assets.

One of these companies that is a fully integrated private real estate investment company is American Real Estate Partners. They are guided by a simple philosophy: “Identify opportunity, manage risk, and create value.” American Real Estate Partners focus mainly on commercial real estate assets and real estate financial instruments that are in the major markets of the Eastern Seaboard of the United States. American Real Estate Partners act more as principal than an advisor or capital allocator.

American Real Estate Partners has made significant investment in making one of the most experienced senior management teams in the industry of buying commercial real estate. They are unique in their investment platform because of the depth of experience and talent of the management team. Due to the leasing-centric nature of what American Real Estate Partners do, leads to outsized growth in the net operating income of assets. Unfortunately, an estimated $160 billion of commercial properties in the United States are in default, bankruptcy, or foreclosure, according to Real Capital Analytics, a New York real estate research firm.

Four Important Services a Certified Financial Planner Can Provide

July 11, 2014 Finance Tips

Certified investment advisors and financial planners are no longer exclusive to millionaires — these days, everyone can benefit from working with a financial advisor. Currently, about 25% of Americans have a financial advisor to help them optimize their money management.

If you already have a financial advisor, you probably just work with him or her on savings or working toward debt repayment. However, there are actually a vast number of different services that a certified financial planner can provide — and by taking advantage of them, your finances will be significantly better-off.

Take a look at these four examples of services that your certified financial planner can provide:

1. Tax planning: Tax season can make anyone want to pull their hair out. Luckily, your financial adviser is a great resource for you as you fill out your tax forms. Financial advisers can fill out your paperwork quickly and correctly, saving you from the risk of hefty fines if you were to fill it out on your own and make a mistake.

2. Wealth transfer: If you want your funds to be more tax-efficient, you should consider planning for wealth transfer with the help of your certified financial advisor. Wealth transfer technically happens after you pass away, but it’s never too early to have a plan set for when that happens.

3. Help with retirement saving: If you haven’t started saving up for your retirement yet, now is the right time to do it. As federal resources for retirees continue to dwindle, the need for Americans to have saved up enough to live a comfortable retirement grows significantly. And here’s a scary thought: only 37% of Americans have figured out how much money they will need for their retirement!

4. Asset protection: If you are considering filing for bankruptcy or are in overwhelming debt, it’s important to seek help from a certified financial advisor to help protect your assets from bank repossession or liquidation. Otherwise, you could find yourself without a house, a car and even more. Check out this site for more.

Four Great Places to Sell Your Gold Coins or Jewelry

July 11, 2014 Finance Tips

Learning how to sell gold jewelry and coins that you may own is essentially a two-step process. First, you need to learn about the process of selling gold — from calculating your gold’s value to knowing the selling process. Next, you have to choose which buyer you want to sell to by learning how to weed out buyers that are less than reputable.

Not sure where you should sell your gold? Just read the list below.

Here are the four best places that buy gold that you should sell your gold to:

1. Jewelry stores: Jewelry stores might be the best place to sell gold because their main source of profit doesn’t come from selling gold for melt purposes. Because of this, you can be confident that you’ll get a significantly higher payout for your old gold jewelry than if you sold it to any other gold buyer.

2. Antique traders: If you’re looking to sell gold coins rather than jewelry, an antique shop is your best bet. Because many gold coins have significant historical value, you can earn more selling them based on this rather than their melt value.

3. Better Business Bureau-approved gold buyers: The BBB’s website is probably the best resource you’ll have for choosing a place to sell your gold. There, people who have sold their gold can give reviews of gold buyers and complain about unreputable buyers. If you notice a buyer has a large percentage of negative reviews and complaints, sell your gold elsewhere.

4. Online gold buyers: Many people recommend that you sell your gold to an online buyer because they tend to offer more money in return for your gold. However, as said before, it’s extremely important to make sure you sell your gold to websites that have a positive rating on the BBB website, with few customer complaints. Otherwise, you run the risk of never seeing a check in return for your gold. Check out this site for more.

It Has Never Been Easier to Make Profitable Investments

July 10, 2014 Finance Tips

Did you know that the term “commercial real estate” refers to any property that is used strictly for business purposes? Fortunately, because commercial real estate generates cash inflow, you have the option of investing in these properties. However, before jumping the gun and investing in commercial real estate yourself, you must consider your options carefully and make intelligent, calculated decisions. Luckily, you can invest in real estate investment trusts, or REITs, which are companies that will guide you through the investment process.

– How to invest in REITs. In order to choose this sensible option, you must find the best REITs available. American Real Estate Partners, for example, is a REIT headed by Brian L Katz, and it is committed to helping investors manage cash inflows, outflows, and investment risks. Brian L Katz and the American Real Estate Partners team currently finance and maintain $1.8 billion worth of industrial and residential assets, which makes this REIT one of the most proficient options available. Fortunately, when you work together with a REIT, you are provided with the guidance and advice needed to make intelligent investments.

– Why invest in REITs? Commercial property has the potential to be highly profitable. This is because apartment complexes, office buildings, malls, hotels, and retail stores are all common forms of commercial real estate, and these types of properties typically have steady cash inflow. This means that as long as the tenants pay their rent and other resident fees each month, your investment will grow. However, these investments are only profitable when you choose the right real estate to invest in, so it is crucial to seek help from REITs.

Commercial real estate investments can generate large returns when you invest properly. That is why you must seek help from a REIT, such as Brian L Katz and the American Real Estate Partners team. By doing so, your investment will become more profitable.