Archive for Random Stuff
With the current economic crisis taking hold of most civilizations, more and more people are resorting to loan applications to improve their financial struggles. However, applying for one requires an individual to undergo a long, exhausting process which involves standing in line for long periods of time. Submitting too much paper works which also requires individual procedures is also part of the requirement. And if you are to think about it, the processing fees and transportation fees and other expenses you have to shoulder in applying for the loan makes it even more stressful. Not to mention that you have to do this on a working day and even if you are already done applying for it, you would still have to wait for a number of days to get your money. And by that time, you are already bombarded by numerous consequences of none-payment, which defeats the purpose of applying for a loan. Read More→
Executives in the banking industry are skeptical about lending a hand to troubled borrowers by offering a home mortgage credit. Executives have told lawmakers they are willing to work with some borrowers in special limited cases. They feel borrowers who pay their mortgages on time will feel this practice is unfair. Issues of fairness and how to determine the need for help is the concerning issue for many banking officials and lawmakers. Some estimates show that reducing home loan balances could cost up to 900 billion dollars.
As of March 2010, more than 230,000 homeowners had completed loan modifications. That is a small percent of the borrowers enrolled in the program. Four mortgage companies, the four largest in the country, have come under fire for not doing enough to help borrowers as part of the Obama administration’s $75 billion mortgage relief program. It has been noted that some families are already getting some relief from the Home Mortgage Credit, but it is a slow start. The administration has intention to expand the program in the near future by including a plan to reduce the total amount some struggling borrowers owe on their home loans and give unemployed homeowners a temporary break. The details on this plan are expected to take a few months.
Many Republicans are against the Home Mortgage Credit, stating that our country’s focus should be on creating jobs and that the housing market should not have government intervention or manipulation.
The forecasts at this point predict the new programs will help about 35,000 homeowners avoid foreclosures this year. Unfortunately, 1.9 million homeowners are anticipated to still lose their homes. While awaiting further details on the plan, borrowers should continue to apply for the Home Mortgage Credit. Further information is available at HomeMortgage.com.
Municipal bonds, or munis, are an investment option some individuals like to use because bond values may be exempt from federal and state income tax, depending on the type of bond. Based on the fact that several government organizations issue bonds as a way to raise funds for public projects like schools, sewer systems, highways, housing, and hospitals, some view munis as safe investments.
With bond values, the face value remains the same regardless of the interest rate. The face value is the principal, or the original amount, you invested when you purchased the bond. The face value also indicates whether or a not a bond is selling at a premium amount, which means the bond values are higher than the principal amount. Discounted munis mean the seller is letting the bond go for less than the principal investment.
While many bonds have a set interest rate and pay investors the earned interest on a semi-annual basis, there are other types of bonds. Floating rate bonds and zero coupon bonds can affect bond values because the interest rates fluctuate based on predetermined benchmark interest rate indexes. With zero coupon bonds, you don’t receive a payment until the bond matures, at which point you get the face value plus any compounded interest.
Since bond values may change based on the interest rate, you may want to use online resources to track future values. Online bond values calculators allow you to enter the information for a specific bond into the template in order to get an estimated value. If you have an idea of the factors affecting the value, this can be a quick way to determine the value. Some investors also use bond indices to determine the yield, duration, and final value for a bond.
1. Set your sights on a clear goal – What is it specifically that you want to achieve? Write it down if you have to.
2. Focus on one thing at a time and pick the next logical task – Ask yourself, “What can I do right now that will bring me one step closer to my desired goal?”
3. Educate yourself – What knowledge and skills are required to complete the task you chose in step #2? Keep it simple. Everything else can be learned along the way.
4. Start now – Why haven’t you started? START!!!
5. Say “NO” to distractions – Is the phone ringing? Door knocking? Dog barking? Unless the house is burning to the ground, IGNORE IT ALL!!!
6. Review and adjust – Are you making progress? If yes, see the next step. If not, why not? Are there any small adjustments you need to make?
7. Press on until the task is complete – Revisit steps #5 and #6 as required.
8. Repeat – Once the task you chose in step #2 is complete, it’s time to repeat all the steps for the next logical task. Revisit your goal in step #1 so it’s fresh in your mind, choose the next logical task, educate yourself as necessary, etc.
1. Exercise 30 minutes every day. Especially if you don’t do much movement while working, it’s essential that you get some daily exercise. 30 minutes every day are the minimum recommended for optimal health.
2. Eat breakfast every day. Breakfast is the more important meal of the day, yet so many people skip it. Personally, I like to eat a couple of toasts in the morning along with a fruit beverage.
3. Sleep 8 hours. Sleep deprivation is never a good idea. You may think that you are gaining time by sleeping less, when in reality you are only gaining stress and tiredness. 8 hours are a good number of hours for most people, along with an optional 20 minutes nap after lunch.
4. Avoid snacking between meals. Snacking between meals is the best way to gain weight. If you are hungry, eat something concrete. Otherwise don’t.
5. Eat five portions of fruits and vegetables every day. Our body and brain loves getting vegetables and fruit, so I highly recommend eating as much of them as possible. Five portions is the dose that’s usually recommended by many health associations.
6. Eat fish. Fish is rich of omega 3 and other healthy elements. At least one meal per week of fish should be enough for getting all these nutrients.
7. Drink one glass of water when you wake up. When you wake up, your body is dehydrated and needs liquid. Make the habit of drinking one glass of water after you wake up in the morning. Also, drink more during the day.
8. Avoid soda. Soda is often one of the most unhealthy beverage you can find. Limit your consumption of soda as much as possible and you’re body will be grateful for that.
9. Keep your body clean. I don’t advise spending your day in front of the mirror, but a minimum of personal care does never hurt.
10. If you smoke, stop it. There’s no reason to smoke anymore, and quitting is easy.
11. If you drink, stop it. Same as above. Don’t think that alcohol will solve your problems. It never does. The only exception is one glass of wine per day during meals.
12. Take the stairs. This is just a hack that forces you to do a minimum of exercise. Instead of taking the elevator, take the stairs.
1. Use an inbox system. Make the habit of keeping track of all the ideas and things that comes to mind. You can use a notebook to do this, and then sync everything on your computer.
2. Prioritize. If you have a list of things to do, where do you start? One way is to prioritize your list. If you are in doubt, ask yourself: “If I could only accomplish one thing today, what would it be?”
3. Plan, but not too much. Planning is important, and you should decide in advance what you are going to do today or this week. However, planning for more than a few weeks is usually inefficient, so I would not worry too much about that.
4. Wake up early. Waking up early in the morning is a great way to gain extra time. I personally like to wake up at 5 am, so that by 9 am I have already accomplished what otherwise would have taken me many days..
5. Check your email only twice per day. Email can easily become an addiction, but it’s usually unnecessary to check it every 10 minutes. Make an effort and check your email only once or twice per day, see if the world will still rotate as before after you try this.
6. Eliminate unimportant tasks. Being busy all day does not mean you are doing important stuff. Eliminate every activity that’s not important, and focus on what really matters.
7. Clean off your desk and room. Having a clear room and desk is important to maintain focus and creativity.
8. Automate. There are a lot of tasks that you need to perform every day or every week. Try to automate them as much as possible.
9. Set strict deadlines. When you do something, decide in advance when you’re going to stop. There’s a rule that states that you will fulfill all the time you have available for completing a task, so make an habit of setting strict deadlines for maximizing your productivity.
10. Take one day off per week. Instead of working every day, take one day off per week (for example sunday) where you are not going to turn on your computer. Use that time for doing recreational activities like going for a walk.
Personal Development habits
1. Read 1 book per week. Reading is a good way to keep your brain active. With just 30 minutes per day you should be able to read one book per week, or more than 50 books per year.
2. Solve puzzles. Quizzes, word games, etc. are all good ways to exercise your brain.
3. Think positively. You are what you think, all the time.
4. Make fast decisions. Instead of thinking for one hour wherever you are going to do something, make your decisions as fast as possible (usually less than 1 minute).
5. Wait before buying. Waiting 48 hours before buying anything is a tremendous money saver, try it.
6. Meditate 30 minutes per day. A great way to gain clearness and peace is through meditation. 30 minutes are not a lot, but enough to get you started with meditation.
1. Start a blog. Blogging is one of the best way to put your word out. It doesn’t have to be around a specific topic, even a personal blog will do.
2. Build a portfolio. If your job is creating stuff, building a portfolio is a great way to show what you are capable of. You can also contribute stuff for free if that applies to your work.
When you are looking to invest your hard earned cash to make it work for you, there are a multitude of options. Real estate, stocks, bonds (or a municipal bond), money market accounts, certificates of deposit, as well as investing in businesses as a partner or investor. Each option has its pros and cons. While some are high risk and high reward, others are much quieter in their earnings, but they are also more steady and sure.
Real estate can be extremely profitable but can also be a trap if you don’t have much experience or know what you’re doing. To learn how to be a real estate mogul, it helps immensely if you have a seasoned professional who is willing to take you under their wing and mentor you. A lot of wasted money and headaches can be spared by learning from other people’s mistakes and benefiting from their experience. Interning or apprenticing in a real estate investing office is another way to learn the ropes. If you do decide to jump in and try it for yourself, you would be wise to do a lot of research to avoid pitfalls and money pits.
For easier but slower earnings, money market accounts and CD’s are a great option, as is a municipal bond. They don’t require a lot of time and effort to learn about, or much energy to exert, so your money is really doing the heavy lifting. A municipal bond is a bond that is taken out by governmental or civic organizations to raise funds. It works much like a regular bond, but it goes towards building up facilities and growing organizations and communities. One major benefit in investing in a municipal bond is that for most of them, the earnings are often tax free or at least returned with a very reduced tax rate.
Because today’s market is so uncertain and erratic in the investment world of stocks and bond,s you need to be careful and make sure you check your portfolio often so you don’t end up losing your money instead of gaining it. Investing in bonds can be tough. The terms and concepts that go along with bonds can be confusing. However, knowledge and awareness is needed to be able to manage your bonds properly. Wouldn’t it be great to have someone you could count on and could personally help you with your bonds? What you need is a bond manager– someone in your corner who knows the ins and outs of the industry and is able to analyze your portfolio and help you be as successful as you can be. Bondview.com is a great place to find a bond manager to help you take care of your bond investments.
A bond manager’s mission is to help educate and provide tools that are simple and useful to aid investors in making better and more productive investment decisions. A bond manager through Bondview.com can help you as a bond investor by providing valuable information and assisting you in making smart decisions regarding your municipal bonds. They have simple, yet powerful methods of creating, monitoring, analyzing and evaluating bond portfolios that make it easier for you as a bond investor to better manage your investment portfolio and be more successful.
One good tip in bond investing is to make sure you take the time to really get to know your bond manager and develop a strong professional relationship with that person. In the world of bond investment, you need someone that can give you beneficial guidance and needed direction to help you be more lucrative and productive with your investments. Choose Bondview.com for all your bond manager needs. You will receive high-level assistance and quantitative analysis of your portfolio.