Finance Blog

You may think that the term plan that suits your friend or relative would work for you too. But your friend’s health and age may not be the same as you. And these crucial factors affect the policy’s cost. For you, the best plan would be the one that offers you the highest amount while charging you the lowest. Apart from that, there should be additional benefits like critical illness cover, waiver of premium, accidental death, income benefit, etc.

Because you have to keep so many things in mind, choosing a term plan could be challenging for you. However, if you are the only earning member of your family, have small children, and have loans to pay, investing in a term insurance plan would be beneficial. Below are the things you should consider before buying the term insurance.

What Should Be My Policy’s Term?

If you are in your late 20s or early 30s right now, buying a term plan for 50 years can be unnecessary. Ideally, you should invest in policy until retirement. This is because as you advance towards retirement, your family would be less dependent on you. By the time you turn 60, your kid would settle down, you would pay the loans, and may also have a few assets in your name. You can choose a decreasing term plan in this case, where you will have to pay a significantly low premium amount as the sum insured decreases with time.

Advertisements Show Per Day Premium, What Are They?

You would have seen numerous advertisements talking about per day premium, which could be as low as Rs. 25 per day for 1 crore sum insured. But you should know that these numbers are specific to certain age group, health conditions and policy’s tenure. This policy could be tailored for a person in 20s without any medical condition like blood sugar, blood pressure, etc. whose policy term is 40 years. So, you should know that your policy amount and premium are affected by your health, age, and tenure of the policy.

When Is The Right Time To Buy A Term Insurance Policy?

After you turn 18, you can buy a term plan at any age you wish to because there is no maximum limit. But it is advisable to invest in a policy early because you would get a pocket-friendly deal. Not only your sum insured would be high but also your premium would below. Also, when you are in your 20s or 30s, you have more responsibilities as compared to when you are in your 50s and above. A 30-year-old is likely to have a family of their own as well as loans on their head. They would require a large cover so that the future of their kids is secure. But that would not be the case with a 50-year-old person.

The Bottom Line

Before buying a term plan, you should be aware of how term insurance policies work and what factors affect your plan. This way, you would be able to take maximum advantage of the policy.

Professional stock traders are one step ahead when it comes to risk assessment factors. They are not rookies. They don’t believe in an aggressive method, rather, they are concerned about their investment. All the trades they place in the market are based on solid reason. Being a rookie stock trader in Hong Kong, you have a lot to learn from the successful stock traders in our society. A good stock trader can show you the path to securing your financial freedom. So, stop chasing your dream without knowing the key factors of this investment business. Read this article because we are going to highlight some of the key traits of the successful traders which naïve traders never emulate.

Trade with discipline

Everyone thinks they are trading with discipline. But in reality, more than 90% of traders are breaking the rules. They never trade this market with discipline because they are biased in favor of big profit. Once you become biased about the profit potential, you will be placing trades without thinking about the risk exposure. In most cases, you will be placing random trades without giving any attention to your risk management plan. By doing so, you are putting your investment at great risk. If you pay close attention to your trade execution process, you will realize that you are breaking the most common rules at trading. So, focus on this problem and try not to break the rules in trading.

Trade with the trend

All the elite stock traders at Saxo trade with the trend. Navigate to this website and read the analysis of the top traders. Soon you will realize the importance of the trend trading method. If you think the trend doesn’t have any influence on your profit factor, analyze the historic price data. Within a few hours, you will be realized the best trade setups that occur against the major trend often results in a big loss. But if you trade with a low probability trade setup which favors the trend, there is a chance you can make a profit. So, develop the habit of trend trading strategy so that you can make a decent profit losing too much money in trading.

Revise your trading method

The top stock traders in the world believe in dynamic changes in the market. They revise their trading method regularly so that they don’t have to lose trades when the market shifts its periodic nature. But it might be tough for rookies because they don’t know the way to revise their trading methods. But there is an easy fix for this problem. If you are new to stock trading, start a trading journal and keep track of your trades. Soon, you will be able to find the faults in the system by analyzing your past trading data.

After finding the faults in your system, you have to revise your trading method so that you don’t make the same mistake. Take your time and try to improve your skills by learning from your mistakes. Forget about the aggressive method and try to make money using the conservative trading technique.

Control your emotions

The professional stock traders are pro at managing their emotions. They never execute any trade with emotions since they know the result will be a big loss. If you want to succeed as a stock trader, you must learn to control the urge. You might have to lose 10 trades in a row, but you can’t take action to recover the loss. To control your emotions, you might have to meditate on a regular basis. This is fine, but make sure you don’t lose your temper after losing a few trades. Once you manage to trade with a relaxed mindset, securing profit will be much easier.

 

You need a real estate agent to help you sell your house. The chances of selling your property on your own are slimmer than doing it with a realtor. However, you can’t just hire any real estate agent. You must find the right one to increase your chances of attracting the right buyers and closing the deal as soon as possible. It can be challenging to determine if you hired the right one until you work with that agent. Some signs will tell you if you made a mistake in this decision, and here are some of them.

Your home is overpriced

If it has been a long time and you are not getting any offer, check your price. See other similar properties in the market to determine the average price. If yours is way too high than the average, it’s a red flag that your agent agreed or decided to set it on that price. While you may want your property to be sold at a high cost, you will find it hard to sell it if your price is unrealistic. Buyers are more likely to consider those with more competitive prices.

Lack of communication

There should be open and constant communication between you and your real estate agent so you will be up to date on the process. If it takes a long time for your realtor to respond or get back to you, it could be a sign that you hired the wrong one.

The agent doesn’t show up for home inspections

Buyers may request a home inspection, and your agent must be there to determine the result, explain it to you, and negotiate for you. Not all home inspections are the same. Some have exaggerated results, so your realtor should be there to handle it. Reconsider your choice if yours is always unavailable to attend these inspections.

Poor marketing of your property

It’s not enough that your agent will post your home to MLS or Multiple Listing Services. They need to do the proper way to attract potential buyers. From the words to the photos used, they must be well-thought of. Moreover, your realtor must use other platforms to reach more prospective buyers, including blogs and social media. If he is not exerting effort to get the word out there, you may not have the right agent.

Unprofessional

There are different signs of being unprofessional, and one of them is tardiness. If he doesn’t show up on time, he can be considered unprofessional, and you don’t want to deal with this type of person. Other signs are the words he uses and the way he dresses.

You do not feel comfortable

It’s crucial that you feel comfortable with your chosen realtor as you will be working side by side with him in selling your property. If you do not think that you can trust your agent or you feel that something is off, it may be time to look for another one.

Hiring the right realtor to help in selling your property can be a challenge. You don’t have to go through this if you sell your house to wholesale buyers. They buy homes as they are and flip them to meet the needs of their clients. The process is more efficient and quicker. Get to know more about this option by searching sell my house fast Fort Lauderdale on the Internet.

 

So you’ve decided it’s time to move. Whether you got a new job, want to be closer to a loved one, or just need a change of scenery, here are three important questions to ask yourself when trying to calculate the costs of relocation:

1. Why are you moving?

This may seem obvious, but the first and most important factor to take into account when relocating is how said move will affect your income. If you’re not moving far, are you planning to keep your current job and simply commute? If so, consider the change in distance and how that can impact fuel consumption and vehicle maintenance. Are you planning to get a new job? If so, start looking sooner rather than later, and make sure to take into account any potential increase or decrease in your income or benefits.

If a new job is the reason you’re moving in the first place, your employer may be willing to cover or at least split your relocation costs. Some employers will offer to do this upfront, but even if they don’t, don’t be afraid to ask. If they want you enough to hire you over all the other applicants, there’s a good chance they want you enough that they’re willing to help get you where they need you to be.

2. Where are you moving?

Whether you’re relocating one mile away or one hundred miles away, never assume that your new home is going to cost the same as the one you live in now, because it won’t. Property values can fluctuate wildly regardless of distance, and every area’s taxes, utilities, and basic living expenses are different. That’s why knowing your financial limits is so crucial.

Something important to consider is whether you’re looking to rent or buy. If you’re hoping to buy, a home affordability calculator can be vital in helping you figure out your budget. Such tools are capable of taking your annual household income, the amount you spend on monthly bills, and how much of a down payment you’re willing to make, and compare all that information with the current costs of real estate in the same area you’re moving to.

3. How are you moving?

One of the final decisions you’ll have to make before relocating is whether you want to use a moving company or handle the move yourself. Of course, the two biggest factors in making that choice are generally how far you’re moving and how much stuff you have to move. In any case, each approach has its own advantages and disadvantages.

If you opt to go the DIY route, your peace of mind in knowing your belongings are in good hands comes with a price, and not just a financial one. Sure, you’ll have to calculate the cost of renting a moving truck and paying for gas, but you’ll also have to invest a lot of time and physical energy. Hiring a moving company costs more, but that money goes towards paying someone else to worry about that stuff for you. If you’re concerned about entrusting your most prized possessions to someone else, comparison shop and browse consumer reviews on websites like Yelp, or research a moving company’s complaint history via the Department of Transportation’s mover search tool. You always have options; don’t hesitate to explore them.

Slot developers sure knew what they were doing naming this slot Danger High Voltage. Anything dangerous atomically draws the eye. The danger is what makes it irresistible.

Danger High Voltage is a 6-reel slot from Big Time Gaming that offers you 4,096 ways to win. You can play it now at Slotzo on mobile and does not need to be downloaded; perfect for those who like to play on the go.

Design

This slot features 6 reels and four rows. Symbols include the usual classic card suites, lucky bells, Mexican sugar skulls, disco balls, hearts, burritos and wilds that expand to fill entire reels.

The slot design is quite different than what we are used to. The reels appear against a background of disco lights. I have to admit, this is not exactly what comes to mind when you open a slot called Danger high voltage.

To the far right is a set of control buttons where you can adjust your bet, spin the reels, view the pay table or select the autoplay option.

Bets & Cash Prizes

Players can place bets from as low as 0.20 to a hefty 40.00 per spin. The reels are jam-packed with multipliers, wilds and spreading wilds; scatters, wild rush, sticky wilds and free spins.

The heart is the highest paying symbol. However, keep in mind that the amount that will be paid out depends on how much you bet. Other high-value symbols include the Mexican sugar skull, disco ball lucky bell, and burrito. The card suites are the lowest in value.

The many wilds (regular wilds, spreading wilds, wild rush & sticky wilds) that populate the reels could really boost your winnings. Fire and electricity wilds can cover an entire reel to replace all the symbols except scatters.

Where electricity wilds form part of a winning combination, your winnings get multiplied by 6.

Free spins

Three or more scatters (represented by the heart symbol) awards one of two types of free spins: High Voltage free spins or the Gates of Hell free spins.

With the Gates of Hell free spins you can claim 7 free spins and one of the game symbols that will act as the sticky wild for the duration of your spins are revealed. Your chosen symbol can only become sticky wild on reels 2 and 5 and can substitute for all symbols during your free games. Each reel containing 4 sticky wilds awards you with 3 extra free spins.

High Voltage free spins activates 15 free spins and high voltage wilds will appear on reels 2 to 5. Adjacent wins are multiplied between 11x and 66x by High voltage wilds when lit. All the free spins with these high voltage wilds are then multiplied by the number highlighted.

If you land three or more scatters during your free games you are rewarded with an additional 15 free games. High voltage wilds can replace all other symbols during free spins (except the scatter).

All these great features plus the 4,096 ways to win is sure to bring you closer to that jackpot. Give this shot a chance, you might be shocked.

 

If you’re not someone who feels very knowledgeable or experienced when it comes to investing your money, the idea of knowing how or where to invest can seem very intimidating. But luckily, with the right plan in place and the right financial help on your side, you can make rise investment decisions that will further your financial future.

To show you how this can be done, here are three tips for deciding how and where you invest your money.

Know What Your Goals Are

Before you can make any kind of informed decision about investing, you first need to know what your investment goals are.

According to James Royal and Arielle O’Shea, contributors to NerdWallet.com, most people have both short term and long term goals for financial investments. Depending on what these goals are, the investment vehicles you’ll want to use will vary. For example, if you’re wanting to save for retirement, you’ll want to choose investment opportunities that last for decades rather than ones that will only be a few months or years.

By knowing what your goals are, both as an ultimate financial goal and how much you’re willing or able to put toward your investments right now, you’ll be better able to decide what type of investments to start.

Embrace The Idea Of Diversification

To really get the most out of your investments, you’ve got to embrace the idea of diversification.

David Weliver, a contributor to Money Under 30, shares that, ideally, you should have various kinds of investments in your portfolio. Some of these investments can and should include things like certain types of securities, bonds, stocks, and cash.

With the right diversification, even if something goes wrong with one of your investments, you’ll have other investments that can either pick up the slack for you or serve as a protection for your money. Additionally, when you have money invested in various ways, you’ll feel less of an emotional response to one particular investment and will be able to make more logical choices.

Balance Risk And Reward

When choosing how and where you invest your money, some of the most important things to balance are risk and reward. If you want a greater reward, you’ll generally have to take on more risk, which can be very scary for many novice investors.

To make this easier, Kate Stalter, a contributor to U.S. News and World Report, recommends that, before you invest anything, you make a plan for your investments and commit to sticking to it. Then, even if you get nervous, you’ll be committed to riding it out because you’ve already played out all the numbers and have decided that you’re comfortable with the projected outcomes.

If you’re wanting to get more into investing, consider using the tips mentioned above to help you decide how exactly to do this.