Jul 24 2011

Three Of Warren Buffet’s Tips For Investing Success

Published by under Investment

Article written by Mark Harrisian of Online Investment Guide.

There’s no doubt that the last few years has seen torrential times when it comes to investing as many people have not only lost a lot of money but have also lost their confidence in being able to make the right investment choWarrenBuffet_747-e1415041194145ices as well.

 

So, in order to counter the doom and gloom that affects people these days, here are a few tips from the Warren Buffet, who is considered to be an investing genius:

#1: Be frugal

Frugality is a lifestyle choice, when you come to think of it, and it has been something that Buffet has been come to be famous for. He still lives in the same home and drives his own vehicle, and that says for a lot because obviously he has more to invest.

#2: The ‘fat pitch’ is what you have to wait for

Buying or selling stock has never been the right thing to do as this will only result in losses regularly. Instead, you should wait for the fat pitch patiently which more often than not comes due to market turbulence.

#3: Go against the crowd

One of the Buffet’s favorite principles is to go against the crowd when it comes to making money as their analysis is always a reflection of their understanding of the market prices. Often, when there is negative public opinion, it is the best time to buy stock. Conversely, it is better for you to desist from buying when investors are careful.

 

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Jul 21 2011

Why Brokers Will Not Help You In Trading Strategies

Published by under Finance & Loans

Almost everyone who has been associated with a broker from time to time has lost money. Yet ever so often, there comes a time when you realize that they don’t necessarily deserve your loyalty since their profitability is directly dependent on the understanding of trading that their clients have of the stock market.

In most cases, they convince the client of great profits but sooner or later, there is more than one loss but what remains is the commission that you might have agreed with them on, as soon as you began your association with them. To put it simply, most experts believe that they’re all very eager to drain your account clean.

Perhaps one of the reasons why this is true is because unlike CTAs or fund managers whose best interests are directly linked to that of their clients (through taking a percentage of the profits if generated), brokers always get a commission even if the trading advice given to their clients are good, bad or just plain useless.

Strangely enough, the only way by which the brokerage industry measures the success of its performers is by how much commission they made in that year, and which has nothing to do with their clients’ profitability. So it only makes sense that he gets you to trade as much as possible so that he gets his commission from time to time.

So what should this tell you?

That you, as the investor, has to learn not to depend on the broker but make your choices when it comes to trading because even if you do find a good broker, you’ll have to learn to make those trades by yourself in the long run, making the broker (good or bad) irrelevant.

 

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May 11 2018

How to Make the Most of Your Study-Abroad Program

Published by under Travel

Summary: If you are studying abroad in the near future continue reading for some tips on how to make the most of the experience.

 

During college it is not uncommon for students to leave their campus for semester or even a full academic year to study abroad at another school in a different country. Study abroad programs offer students a way to experience living in a different part of the world while still taking a few classes so they can continue to pursue their higher education goals. Having the chance to study in a different part of the world is a rare opportunity that should not be taken for granted. To get the most out of the program, continue reading below for some ideas that can help you prepare.

 

Learn Outside of the Classroom

 

While you are studying abroad, whether that be in the Netherlands, London, or any other part of the world, you will, at the end of the day, still be attending school. Attend all of your classes and learn as much as you can during your lectures but do not forget that there is much to learn outside of the classroom, as well.

 

Make sure to immerse yourself in your temporary home by exploring, trying new things, eating new dishes, and keeping an open mind. You will learn a lot about the culture and who you are, as a person. Venture outside of your comfort zone to soak in all you can.

 

Make Friends and Network

 

Throughout the study-abroad program you will meet plenty of new people with very different backgrounds and upbringings. Take the time to make new friends to share the experience with, for some of the people you meet could become life-long friends. Networking while living abroad can also help you meet people who you can work with professionally in the future.

 

Blog submitted by Monte Carlo Rent A Car, LLC: If you are looking for a short term leasing car in Amman Jordan, visit Monte Carlo Rent A Car, LLC for the best rates!

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Mar 02 2018

Why Rent a Car When You Travel

Published by under Travel

Summary: Below are some reasons why renting a car may be your best mode of transportation when you travel.

 

When you are traveling you will want to figure out a good way of getting around. Major cities usually have ride services like Uber, Lyft, or traditional taxis. If public transportation is developed, taking the metro, bus, or train may also be effective. In some cases, however, it may make more sense to rent a vehicle you can use whenever when you are traveling. Below are some reasons why renting a car may be your best option.

 

More Flexibility

 

When you have your own car you are able to go where you want, whenever you want. Uber and Lyft have gotten very popular, as it is very easy to simply press a button to order a ride. However, depending on where you are and when you wish to take a ride, you may find yourself having to pay more money, due to surge pricing. You can go far away from your hotel and only have to worry about covering gas expenses. This degree of flexibility can give you more options of things to do and it can help you get the most out of each of your days without breaking the bank.

 

Splitting Costs

 

If you are planning on traveling with a group of people, it would make financial sense to split costs. Taking that into consideration, renting a car may be a smart option, as you and your group can divide up the renting and gas expenses into more manageable pieces. If you and your group are expecting to drive around much while staying abroad in a place with underdeveloped public transportation, you could potentially spend less with this method than you would if you were to use ride services.

 

Blog submitted by Monte Carlo Rent A Car, LLC: If you are a millenial who is looking for a short term leasing car in Amman, Jordan, visit Monte Carlo Rent A Car, LLC where you will not have to break the bank to get reliable transportation.

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Jan 16 2018

Why Millenials Prefer Leasing and Renting Over Buying

Published by under Travel

Summary: Renting and leasing assets allows people to have more spendable currency than buying does. With jobs becoming more competitive and paychecks decreasing in amount, millenials have opted for the short term commitments over the massive purchases.

As costs of living go up and job hunting continuously becomes more competitive, younger generations are becoming less likely to buy bigger assets like houses and cars. Instead, they prefer to lease or rent these items to keep their budgets more flexible.

Short Term, Budget Friendly Commitments

Renting and leasing allows people to be committed to that asset for a shorter period of time, as opposed to making a purchase. Renting can be done on a month to month basis, whereas leases typically tie you in for at least one year. Either way, the agreement is much shorter in term than buying would be.

You will also likely make smaller monthly payments when you lease, thus allowing you to have more spendable currency for luxury items and the like.

For example, if you lease a car, you can likely return it and begin a new lease after one or two years. Then you will be driving the latest model with less mileage on it. When you travel, or if you only need a car every once in a while, you can rent cars on a day by day based rate, and not worry about having to maintain a car when you do not need it. Buying, on the other hand, commits you for at least five to ten years, so you can complete making the payments and get the most out of your purchase.

Though many people dream about owning their perfect house or the coolest car, millenials have opted to lease or rent these assets because it allows them to be more flexible with their money, which has become more tight as jobs have gotten more competitive and lower in pay.

Blog submitted by Monte Carlo Rent A Car, LLC: If you are a millenial who is looking for a car lease in Abu Dhabi, visit Monte Carlo Rent A Car, LLC where you will not have to break the bank to get reliable transportation.

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Jan 08 2018

Tips for minimizing expenses during business travel

Published by under Travel

Summary: Overseas business travel is expensive. Reduce corporate expenses by renting a car, staying at a hotel further away from the central business district or venue, and pooling resources with colleagues attending the same functions.

International travel is a great perk for staff. However, there are ways that staff on travel can maximize their comfort and manage the expenses on behalf of the firm. Here are some tips and ideas for minimizing business travel expenses.

Transport

The first order of business is to arrange transport. A typical business trip will involve travel to and from the airport. Also, You will also need transport for each of your meetings and conferences. The more travel you need, the more practical it is to rent a car. Taxi fares and airport shuttle costs can add up. Most car rental services offer vehicle pickup at the airport.

Location

If you have access to a rental car, then there is more flexibility when you select your hotel. Often, people select hotels that are close by to the main event sources. However, hotels are very expensive the closer they are to the business district or conference venue.

Sharing

When more than one staff member is traveling for the same function, it makes sense to pool some of those resources. For example, a single rental will be enough for a couple more colleagues traveling to the same venue. Check with other department heads or the travel office and see if any other colleagues will attend the same conference.

Written by Monte Carlo Rent A Car, LLC. Travelling to Abu Dhabi? Contact Monte Carlo Rent A Car, LLC, for all the information you need for car lease Abu Dhabi.

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Nov 22 2017

Why Hiring a Construction Expert Witness Can Save You Money

Published by under Business Services,Legal Tips

Summary: Having a construction expert witness available when handling a case that deals with the construction industry is a wise decision, as they can provide the court with the knowledge needed to reach an informed verdict.

A construction expert witness is an individual who possesses a large amount of knowledge and expertise of the construction industry, including information related to construction-related incidents, injuries, and disputes.

Industry Expertise

When dealing with cases in the court of law it is important to make sure that experts are available to shed light on technical aspects that may come into question. A construction expert witness is not only required to have a strong understanding of the actual construction processes, for they must also understand construction costs, defects, insurance, contracts, permits, licenses, and more.

In the event that a very technical concept comes into question, it is crucial to have an expert witness who is recognized in his or her field and has both the experience and credentials to prove that they are a reliable source of information on the topic at hand. Equally as important, an expert witness will be able to communicate complex topics in terms that the court can clearly understand.

Impartial Point-Of-View

Another strong argument for why one should hire a construction expert witness in their case is that they are impartial. In the court of law it is crucial to have a party that is unbiased and does not have any personal involvement the case or any of the people involved. In the case of a construction dispute, a construction expert witness must be very ethical and must not lean towards a particular side. He or she should be able to provide relevant facts and insight to help the case hearing proceed as smoothly as possible and to guarantee that judge has sound judgment on the construction matter to make an educated decision.

Blog submitted by Lyle Charles: Lyle Charles Consulting is a leading construction consulting firm that offers construction expert witness services. Visit them online for more information.

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Nov 17 2017

An Investment Forecast for the Rental Car Industry

Published by under Business Services,Investment

Summary: Is the rental car a boom or bust industry? This article dives in and addresses where the core of the problems lies.

If you’re reading this, then your interest has definitely been piqued by the fluctuating rental car industry. With the significant rise in services like Uber and Lyft, rental car companies have been left in the dust – or that’s what people tend to believe.

Structural Changes Incoming

The rental car industry is experiencing a massive structural change that is impacting today’s business mode. Because of the growth of Uber and Lyft, the rental car industry is being pressured to create new pathways to financial success.

Rental car industries are now facing the reality that businesses need to reduce their overall capacity in order to survive this visceral surge. Unfortunately, the used car market, which works in tandem with the rental car industry, is currently in a weakened state. Here’s an example. Today’s major rental car companies are opting to purchase new cars with the intent of selling it back after a certain amount of years. In the midst of this time, they’ll look to try and rent this specific car out to clients for as high of a rate as possible. This is where the weakness of the used car market hurts the rental car industry indirectly.

Challenging Business Models

With a reduction in income generation from used cars, this decline will only hurt the rental business, unless a significant number of clients were to create a financial pathway. However, one cost-cutting addition many companies are adding to their business models is to fix their fleet and cost structure. With so much competition on the horizon, rental car companies must compete to stay afloat in today’s rapid-changing environment. As of right now, rental car companies do have a place in the future autonomous vehicle world, and will continue to unless drastic changes were to occur.


Blog submitted by Monte Carlo Rent a Car, LLC: Looking for a low-priced rent a car in Amman airport? Monte Carlo Rent a Car, LLC can provide you with the finest cars at the lowest prices.

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Nov 13 2017

Top 3 Characteristics of a Successful Entrepreneur

Published by under Entrepreneurship

Summary: All entrepreneurs have characteristics that they share. Here are the top 3 that have driven them to the top of their craft.

Becoming an entrepreneur isn’t going to be a walk in the park. You’ll need great concepts and you also need to remain dedicated to your business at all times.

Anyone can pretty much start his or her own business. However, the more successful entrepreneurs like Sebastian Guthery who’s founded several businesses with millions in revenue require some keen characteristics. Here are the top 3 that’ll put you on the right path.

  1. Remain Passionate

A business owner is often tasked with understanding more than the basic mechanics of running a business. If you have passion for your startup, this drive will assist you in turning your idea into a reality, and will even help you become known within the industry. Without this “spark”, you’ll lack the motivation that you need to remain proactive with all your business endeavors.

  1. Stay On the Grind

Entrepreneurs need to be able to overcome a variety of obstacles. Remember, a business doesn’t get built overnight and turning your dream idea into a reality will take time. First off, you’ll have to get used to people telling you “no” and politely declining anything to do with your business. However, the best thing about being an entrepreneur is they persevere through everything, no matter how many times people tell them they can’t. Remember, without perseverance, it’s likely you’ll give up, so stay focused and continue to hone your craft.

  1. Making the Most of Your Time

A vital asset to being an entrepreneur is knowing how to manage your time. Remember, your assets will essentially be limited so make sure that you use them to the fullest. One example would be to network as much as you can. If you need to find an artist for example, try and take advantage of local art programs and provide them with the opportunity to showcase their work.


Blog submitted by: Sebastian Guthery. Guthery is a successful entrepreneur who has launched and runs several businesses.   He grew up in Wichita Kansas but now lives and works in  San Diego, CA. Visit Sebastian Guthery’s Linkedin page for more info.

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Sep 28 2017

How the Internet of Things May Affect Mobile Payment Technologies

Published by under Business Services,Technology

One of the first clues that the Internet of Things was going to affect how we might buy products in the future was Amazon. Amazon released small devices that one could press in order to buy a new shipment of a product. These small devices correspond directly to a product, so when you press the Tide or Bounty button, you get those products delivered when a small deduction is made to your account.

There are two major drivers to digital wallets: the first is the smartphone while the second is the Internet itself. Both of these components are integral to the Internet of Things, and will help us communicate with our homes for a variety of possible outcomes.

Sharing of Data

One of the most important roles a digital wallet holds in the modern context is as a method to track transactions. It does store money, and it’s used to move money too, but the data that accumulates when you make a purchase is where the true change happens.

Soon, your digital wallet might know more about your household. If, for example, you own a refrigerator with a water dispenser, your wallet may be programmed to “listen” to your fridge. When your fridge needs a new filter, it broadcasts that need to your wallet. The wallet then prompts you, or may even place the order on its own. Either way, you never have to worry about replacing your filter because a new one is shipped direct to you.

This is just one example. Companies like Phillips, which make the Hue lighting sets, may be able to help you with design or accessories for the home with personalized recommendations. One of the major stressors as a homeowner is narrowing down all the choices you have, so digital wallets may be able to reduce that frustration.

Blog submitted by Charge.com. Charge.com is consistently ranked at the top of the most widely used and trusted credit card processing companies. For reliable processing online, and in-store, turn to Charge.com.

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Apr 22 2017

Crowdfunding: A Fluke or a Gold Mine?

Published by under Investment

Written by: Omar Amanat

Summary: Real estate investments have proven to be valuable in itself, with high returns and minimal effort on the investors end.

For decades, investors have kept a very profitable secret to themselves – real estate crowdfunding. They’ve enjoyed massive returns of 9.2% and expose themselves to market that’s less volatile than the stock market by investing directly in real estate. Unfortunately, individual investors have been left out of this financial payday for years. Institutional investors have billions of dollars that they use to diversify into hundreds of properties. Now, individual investors may only have enough for one or two huge, undiversified investments. If there happens to be a failure on these properties, it becomes a huge risk and one could potentially lose their entire investment.

An Open Door?

This all changed in 2013 when the JOBS act and legalization of crowd investing real estate came into play. Crowd investors will essentially pool their money into a single investment, which drastically lowers the price of entry. Now, a single apartment complex may cost a few million dollars. However, with a crowdfunding investment, investors might only have to pay $5000 apiece.

This low cost allows investors to diversify over dozens or even hundreds of investments. Furthermore, it protects against the failure of one or two properties. It’s a safe bet for the real estate investor and it also boosts valuable returns as well.

There is a catch however, real estate crowd investing sites are only available to accredited investors (those that have over $1 million in assets or are making $200,000 for the last three years). But regulations are expected to change that will allow the average investor to take advantage of these amazing opportunities – it’s only a matter of time before sites begin to adapt to this change and let any investor buy into the market.

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Mar 30 2017

Tips to Reduce Fraudulent Transactions

Published by under Business Services

Anyone with credit card merchant services can feel the sting of a chargeback. These aren’t to be taken lightly, but they can occur from fraudulent transactions. It won’t always hurt you, but losing money is never a great feeling. If you want to stop these kinds of transactions, you need to be more proactive in terms of how you process transactions. This guide will teach you how to examine your merchant account transactions for fraudulent purchases, including guidelines and best practices on what to look for.

Develop a System

You’ll need a system if you hope to be consistent, so bake this into your customer service and sales departments for the best results.

Every big ticket item that gets processed through the system should be reviewed by an account representative, unless the customer has purchased big ticket items in the past. Even then, periodic reviews will help you catch the odd ID thief.

In store, every clerk should be checking for IDs and card signatures. People don’t always sign their credit cards, so provide a pen to customers at the credit card machine so they can do so in your presence and with a photo ID. This helps protect your business, and their account.

If you accept credit cards online, you should require new customers to enter a CVV or CVV2 number. This number helps confirm the customer has the physical card, and is another layer of verification.

Final Thoughts

Stopping fraud is a full-time job for most banks, so don’t try to reinvent the wheel. Instituting some simple policy changes will go a long way in halting fraudulent transactions and improving your rate of chargebacks and lost revenue.

Bio: Charge.com has some of the lowest rates of merchant account providers available online.

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