Retirement Calculators Online

The recent scandal where the personal data of 25 million people went missing is worrying. Lots of companies today want your personal details and very often they dont need them and shouldnt be asking for them.

This is more common in the mortgage market than almost anywhere else. Mortgage comparison sites ask you to provide your phone number so that a broker can call you back. Whats more concerning is that often you wont know which company is going to call you back because the website you were using has sold your details to another company (usually the highest bidder) and even they dont know who they have sold them to.

However there are sites that do things properly. A good example of this was quoted recently when a website user said “Found this site very useful and easy to use. It gave me the information I needed without having lots of people keep contacting me by telephone.

I work full-time during the day and also have a part-time evening job so finding time to take information gathering telephone calls was not what I wanted but it was amazing how many sites say that it is online and then when you have submitted the form then say someone will contact you and do not provide any useful information online.”

If you are concerned about your personal data and dont want to be called by someone you dont know, then make sure that you use a real mortgage comparison site one that actually compares the whole of the mortgage market and lets you apply for the mortgage there and then.

Be wary of sites that are actually just there to make money by selling your details to a broker. You should be able to get a personalized illustration without giving your contact details.

Get the right site and not only will your data be secure but you will improve your chance of finding the right deal for your remortgage.

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Retirement Options

If youre ready to buy a new house, youre going to need a Home Purchase lender. And finding one online is convenient and simple. However, there are a few things you should look out for to ensure that your lender has your interests–and not his–as his top priority.

Make sure your lender offers options

There are a lot of options other than the traditional 30-year fixed rate mortgage. Depending on your needs and personal situation, an Adjustable Rate Mortgage (ARM) or Interest-Only mortgage might be a better fit for you. Or, possibly, you may prefer a loan with a longer or shorter term. A good lender should be able to offer you a variety of options so you can find the one that best suits your needs. Be wary of any lender that tries to push one particular type of loan.

Get your “Pre-approval” in writing

Some Home Purchase lenders will “pre-qualify” you–but that doesnt mean youre guaranteed to get the loan! In fact, in most cases, “pre-qualification” means almost nothing at all. Choose a lender who will “pre-approve” your application instead, which is a more involved process. When youve been “pre-approved,” the loan officer has contacted your employer, bank, credit card companies, etc. Once youre “pre-approved,” youre a lot more likely to get the final approval on your loan.

“Lock in” the rate youre quoted

Interest rates change almost daily–they can be down on Monday, and sky-high by Friday! And some lenders will quote you a super low rate to get your business, even though they know the rate may change by the time your loan is finalized. If a lender quotes you an interest rate, ask him/her to “lock it in” for 30, 60 or 90 days. Reputable online Home Purchase lenders will guarantee you your promised rate even if it takes another month or two until you close the loan.

Once you know your online Home Purchase lender is willing to offer you options, pre-approve your loan, and lock-in your rate, its time to compare rates, fees and other charges to make sure youre getting the best deal.

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Retirement Plans

If you are thinking of starting your Import Export business online, you need to remember that every business takes time to succeed, therefore you need to be patient and well researched.

The initial step is to conduct a market survey and focus on the markets best suited as per your needs. You need to build a corporate International Image and work towards establishing your credibility in the market. Your credibility will be the key to your success in an online import-export venture. Your presentation should be impressive as well as trustworthy. This will increase your chances of attracting foreign buyers.

Focus on your branding strategy

In order to qualify as a player in the international arena, you need to work on your presentation skills and corporate identity. Your corporate identity will speak about your companys goals, mission and values. It plays a significant role in establishing credibility on the global front. You need to have a relevant logo, stationery and cash line.


You need to investigate about various markets, government plans and buyers. Start by building contacts and talk with them. Conduct a detailed market research survey and try to get maximum knowledge. Familiarize yourself with the key players in the business and potential buyers as well as merchants. Visit trade fairs and business conferences related to your field and keep yourself updated on the latest market trends and changes.

Market evaluation requires gathering relevant date, information and research. An ideal market would be one that is likely to generate maximum profit for your Import/Export business on the Internet. You can obtain information on the Internet or by contacting the Chamber of trade and commerce. While making a selection of the markets you must know the market trends, requirements, target customers, local and global competitors.

Export/Import Regulations and Terms of trade:

You need to be in sync with the latest rules and regulations in order to start you Import and export business online. For this you need to contact your industry association and relevant export authority and enquire if there are any possible requirements for your products to be exported. You might need to apply for an export license, certificate or permit. A well established export body is the best place to seek guidance.

Many countries have set up offices, Consulates or Embassies to promote their respective exports. These Consulates can be approached in order to receive directories, manufacturer lists and retailers details. You can also obtain their e-mail details through the Consulates.

You need to approach the Commissioner of trade and your countrys tax department in order to apply for registration numbers and other procedures. You can visit The Chambers of Commerce and get relevant information. These will give you a fair idea about the terms of trade and delivery, methods of international payments, International trade ethics and favorable markets.

Establish yourself Online:

If you are looking towards establishing your Import and Export business online, the first thing you need is a good website. This will not only establish your credibility but will also attract potential foreign buyers. In todays world where the Internet has become the hub of all activity, it is important for one to have a corporate website. It is the only way by means of which buyers, manufacturers, retailers and dealers will get to know about your products and services. Your website will also give you an edge over your competitors as it will highlight the USPs of your products online.

An online product catalogue will further enhance the chances of sale. Your website must provide your contact details as well as specify the terms and conditions of trade. Your website must speak about your companys profile as well as be interactive.

Get your website Optimized:

For setting up a successful online business it is important for your website to be search engine optimized in order to attract relevant targeted traffic and therefore enhance trade. Search engine optimization ensures that your website ranks well on all major search engines like Yahoo, Google and MSN and more targeted visitors land on your website. The more the number of visitors the better are your chances of increasing sales.

Develop and export plan:

Different markets have different requirements and trends. You need to develop an effective export plan for each market which should include:

  1. Export Analysis
  2. Product Development
  3. Implementation Plan
  4. Export Strategy
  5. Financing
  6. Pricing
  7. Logistics and distribution
  8. Sales Forecast

Quick Response better Sales:

Be quick in your response in any online business in order to retain the customers. This not only develops trust but also helps generate more business. No customer likes to wait and the same applies for Internet based businesses.

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Massachusetts Retirement Calculator

The Internet always struck me as a brilliant invention.

The concept was brilliant right from the very start but, these days, as it got so incredibly big, you can order electronics, clothes or even food online.

You can also play games, talk with people all over the World and, finally, organize your finances online.

For example, one of the smartest things you could possibly do online is to get a free credit report that many companies such as offer. Its easy, fast and, most importantly, free.

Lots of companies also offer free debt consultation. Its one of things you have to shop around for as some are offering debt consultations for prices as high as $300 per hour while others are offering the same (or maybe even better) service absolutely for free.

Lastly, these days its also very comfortable to get a payday loan (some call this type of loan also cash advance loan) online. Its not something I would recommend as the interest is usually huge when compared to a personal loan, for example, but its the quickest way to get the money you need.

The requirements are very minimal (its usually enough to be 18 years old and to make at least $1000 a month) and some companies, such as, let you have the money in just 24 hours.

Here are the requirements for a cash advance:

  1. US resident over 18 years old
  2. No outstanding payday loans
  3. Active checking account
  4. $1,000 minimum monthly income

This service is not available in Illinois, or Massachusetts. Nor is it available in Georgia or any state where prohibited by law.

These were just a few examples of things you could do online; Im sure you can come up with other ideas that are way better than this.

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Retirement Info

What are Index Futures?

Future contracts originate from commodity trading. A future contract is an obligation to buy/sell a certain quantity of commodity at a specific date for a specific price determined at the outset of the contract. Future contracts are frequently used for hedging risks and also for speculation.

For example, with the recent hike in oil prices, an airline company which uses a lot of fuel might want to hedge its exposure to oil prices through the purchase of oil futures. If the price of oil is $60 now and is expected to go up to $70 within 3 months, the airline would hedge its exposure by purchasing the 3 month future contracts so long as the agreed price is less than $70.

    – Oil prices now $60

    – Expected oil price in 3 months time (by airline) $70

    – Price of 3 month oil contract (by oil producer) $68

    – Actual price 3 months later $65

Lets assume the airline can find an oil producer willing to sell oil 3 month later for $68, the company would enter a futures agreement with this oil producer for delivery of a certain quantity of oil in 3 months time. If the price of oil falls to $65, the airline still has to purchase at the agreed price of $68. But what propelled the airline to enter the futures contract in the first place is its expectations of future oil prices going up to $70 in 3 months and buying at a price below $70 (3 months later) seemed reasonable to the company.

Index futures are cash settled, there is no physical delivery of commodity as in the case of wheat, corn, etc. Although index futures can also be held for the long term, the time span we are concentrating on is a day. We are using the index futures as a vehicle for speculation and not for hedging as in the case of the airline company.

What is the Emini S&P 500 and NASDAQ 100?

NASDAQ 100 and S&P 500 index futures is listed on the Chicago Mercantile Exchange (CME) and trades on the Globex electronic system. CME acts as the counter party for each trade, hence if you short futures, CME will be taking the long position and vice versa.

NASDAQ 100 Emini contracts is actually one fifth the size of their larger counterparts, the NASDAQ 100 index futures. Each point of the index will represent $20 and the minimum fluctuation ( tick size ) is 0.5 points which is equivalent to $10.

S&P 500 Emini contracts is actually one fifth the size of their larger counterparts, the S&P 500 index futures. Each point of the index will represent $50 and the minimum fluctuation ( tick size ) is 0.25 points which is equivalent to $12.50.

Globex opens from 16:30(EST) on weekdays and 18:00(EST) on Sundays and public holidays. The closing time is 16:15(EST) on all days. However, there will be a scheduled maintenance of Globex from 17:30 till 18:00 (Monday through Thursday, nightly). I know the timings can be quite complicated, however as day traders, we are mostly concerned with trading when the market is opened as we have to capitalize on the higher liquidity available. I do not recommend entering trades after market hours, due to low volume which leads to slippage. The time span you have to concentrate on is really the market opening hours from 9:30 till 16:15 (EST).

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Investment Retirement Account

Youve worked hard all day and come home at night, only to discover that you cant get comfortable in your own bed. You toss and you turn for well over three hours. As 3 a.m. approaches, you finally go to sleep but the alarm sounds all too quickly at 6 a.m. Its time for you to go to work. Day two comes and youre off again to the usual rat race. You repeat the same pattern once you get home. Later that night you lay in bed, thinking how youre going to pay all of these bills. Despite your best efforts on the job, including overtime, it doesnt seem to be enough. What can you do? Who can you to turn to?

Does this sound like you? Are you a Christian having sleepless nights because of your finances? Here are the top five reasons I have found why people get into debt:

  1. Try to live beyond their means. Keep up with the Jones.
  2. Lost job and bills pile up.
  3. Have never been taught money management.
  4. Divorcing and the other party charged up cards in the process splitting up.
  5. Impulse Shopping.

I too was a victim. Not from just one, but two of these debt catalysts. My husband equally had financial woes, his was still on this list. Being in debt has a way of having a hold on you and causes you not to think clearly. People in debt tend to operate out of fear – for example they ignore phone calls because it might be a collection agency on the other end. How many calls have they missed? Or perhaps, they write a check in the hopes that it will clear the bank; knowing full well they spent the money on luxuries and other needless excesses that have caused the bank account to have insufficient funds.

If any of this sounds like you or someone you know, assure them they can get out of debt without filing bankruptcy. They have to want help and not let pride or embarrassment get in their way of being helped.

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Individual Retirement Account

There is nothing difficult about the subject of rental insurance but it is something that can affect anyone that has rented equipment in the past even a house, apartment or anything that does not belong to them but could still become damaged. If you dont have renters insurance then you could be liable for the replacement costs and any extra damages.

For instance, if you dont own your own home, and are renting instead, you may think that youre covered by your landlords insurance policy. The fact is, though, that youre not; a landlords property insurance covers damage to the structure of the property itself.

To cover the replacement costs of property that is damaged or stolen it is renters insurance that the occupants need unless they can afford to pay out of their own pocket. You may be liable for any damage done to the apartment or house youre renting as a result of fire due to your negligence.

Renters insurance has another benefit which you may not have considered. If someone is hurt or injured while on the property you are renting, you may be legally responsible for that persons medical expenses, not to mention the attorneys fees if theres a dispute. This means you are covered for that persons medical expenses, legal costs if they should decide to sue, and any damages they might be awarded.

Although some people are covered when they rent a car, this is not always the case so if your auto insurance doesnt have this facility as part of the cover, you will need to arrange this yourself unless your credit card provides auto rental insurance cover. For the cover it supplies, collision damage waiver is not expensive at anywhere between 7 to 13 dollars per day which you have to admit is a lot less than the cost of a brand new can that may need to be replaced.

Only two areas of renters insurance has been covered here but it can be obtained for just about anything that you rent and it doesnt matter if you are renting a motor home to a luxury yacht. Renters insurance provides a peace of mind and that has got to be worth a few dollars a day, whoever you are. Renters insurance costs can vary as your location will be taken into account just as any additional personal items you may want to add to it for example plus the amount of the deductible organized. Take a look around before you decide on what company to use and try looking on the internet as discounts are often found there and adjust the deductible amount until the insurance premium is within your budget.

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Retirement Planning Articles

Question: Since gas prices are on the rise, is it smart to use gas cards and what are some ways to save money on gas?

Answer: As we all know, gas prices have risen to an average of $3 per gallon in the United States. Since the gas prices are high again, this means that gas-rebate credit cards will be targeting consumers more than ever. There are some perks and advantages to using gas cards but there are also many disadvantages if you do not take care of your credit.


Gas rebate cards offered by financial institutions and oil companies typically offer 5 to 10 cents back for every gallon of gas purchased. Some cards may also provide credit points to be used to buy other products. This can definitely save you money if you pay the entire balance off the gas card every month.


The disadvantages of having a gas-rebate card probably outweigh the advantages for the majority of consumers. Some disadvantages of using a gas card include the following:

  1. Gas card issuers can change interest rates, rules and fees. Make sure you read the fine print they will inform you of changes to your card.
  2. Gas-rebate cards are usually in the 14 to 23 percent range, depending on your credit history.
  3. If you are late paying your gas card bill, they may raise your interest rate and can even freeze your rewards.

According to an article written by McNelly Torres of the South Florida Sun-Sentinel, here are the advantages and disadvantages of four different gas card programs.

  1. Discovery Platinum Gas Card promises a 5 percent cash-back bonus on gas and auto parts purchases. If you are late making a payment, the percentage rate could rise to between 15.9 percent and 28.9 percent.
  2. Chase PerfectCard Mastercard offers a 6 percent rebate on all gas purchases at any station for the first 90 days after the customer signs up for the card then it drops to 3 percent. The maximum rebate you can earn for gas purchases on a monthly statement is $15. But to achieve the maximum in rebates on gas purchases, you will need to spend up to $500 monthly at any gas station.
  3. The Chevron/Texaco credit card program allows customers to earn 10 cents per gallon on their first 500 gallons purchased, but the offer is good for the first five billing cycles. There is another limitation: Cardholders can use the card only branded Chevron retail stores and participating local Texaco stations.
  4. At Marathon gas stations, consumers can earn a 10 percent rebate if they use the Marathon Platinum Mastercard for the first 60 days after opening the account. But the rebate drops to 5 percent afterward, and the card can be used only at Marathon gas stations.

Ways to save money on gas

For the people who want to avoid using gas cards, there are several different ways to save money on gas. Keeping proper maintenance of your car can save you significant money. This means keeping your tires inflated to their maximum level. Having under inflated tires can waste fuel, reduce your tire life and above all are a safety issue. Make sure to get regular tune-ups and oil changes. Fresh oil will decrease gas consumption.

Follow the maintenance schedule in your owners manual and check to see the recommended octane rating for the fuel to be used in your car. Why buy premium if you can use regular?

The way you drive can directly influence your fuel consumption. Making fast starts and sudden stops can burn extra fuel. Try driving a little slower; the faster you drive the more gas you lose. Take the shorter routes for errands and also for the drive to work. Planning your routes accordingly can save you a lot of money on gas.

Try public transportation. In most metropolitan areas, there are many services to choose from such as trains, subways, metro movers, trolleys and buses. If the train or bus schedules coincide with your work hours and place of work, why not use them.

Last but not least, try carpooling to work. Find someone you work with that lives in the same vicinity and ask them if they will be willing to car pool with you to work and back. Work out a driving plan with that person by having them drive one week and you drive the next week. This will cut your work related gas expenditures in half for the month. This is also an excellent way to save money on gas.

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How Much Retirement Savings Should I Have

For the past five years my sole source of income has been profits made from trading on the Forex market. Over that time period, many people, perhaps somewhat envious of my ability to earn money from home without having to report to a boss, have asked me what it takes to trade for a living. How can one arrive at a point where one feels confident enough to leave ones regular employment, strike off on ones own with no guarantee of a regular paycheck, and put what might conceivably be ones entire savings up to that point at risk in the markets?

While I unfortunately cant actually give you confidence in your ability to make it on your own, nor the stomach to risk your hard earned savings, I can tell you the practical steps that I took to get where I am today. These steps do not include the obvious learn of the existence of the Forex market, as presumably you already know something about Forex trading, or you wouldnt be reading this article.

Furthermore, while these steps have been applicable to trading the Forex market in my case, one could easily apply the same principles to becoming a professional trader in the equities markets, derivative markets, etc.

  1. Start saving your money. To trade professionally you need a bankroll, and one that is large enough to withstand the ups and downs that are a natural part of trading. For me, this was easy. I had been putting money aside ever since I started working. Those like me that have been raised to understand and appreciate the value of saving, will accomplish this quite naturally. However, if you are a habitual spender and are accustomed to living paycheck to paycheck without putting anything extra aside, be prepared to expend some serious effort curbing your habits and learning to save instead of spend. How much money will you need? Unfortunately I cant answer that specifically because it will depend on the trading strategy that you use, the amount of leverage you plan on trading with, and the amount of money that you need to take out in profits. You should count on having a bare minimum though, of a full six months salary saved up before beginning full time trading. One years salary would be still better. Keep in mind that the larger your bankroll, the more money you can earn without risking an unnecessarily large percentage of your bankroll.
  2. Get an education. You cant start trading before you know something about the market you are trading in. This education does not have to be formal (as in University classes), and you do not have to understand economic forces as well as Alan Greenspan prior to getting started. You should, however, have a basic understanding of why the market that you are trading in exists, how buying and selling on that market works, and the strategy that you are going to employ to take your profits out of the market. There are a lot of totally free resources on the internet that are worth your time to read (and there are a lot of opinions and ideas that are NOT worth your time, but reading some of those that are not worthwhile is part of the process of developing discernment about what is and is not a good resource).

    There are also some inexpensive trading courses on the internet that are useful. Part of the education process is coming up with a trading strategy that you are comfortable with, as well as a money management strategy to ensure the long term viability of the trading strategy. There are many good trading strategies out there, but regardless of which one you choose, you must understand that the traders that are successful cut their losses early and let their winning trades run. This can be somewhat more difficult than it sounds, but is really the key to making money trading.

  3. Sign up for a demo trading account and start practicing while you are not at your regular job (or, if you have free time and internet access at your job, WHILE you are at your regular job). We list some good Forex brokers at Forex-rates, so if you are planning to trade currencies, be sure and sign up for a demo account with one of the listed brokers. In order to get a real feel for the trading strategy that you have chosen, you will have to do a lot of practice, so take your time with this step. Dont start trading with real money until you have an actual history of successful demo trading.
  4. If you are making money trading on paper and are comfortable with your trading strategy, go ahead and get started trading for real on a part time basis. Dont include all of your savings as part of your trading bankroll yet. Start slowly and gain a comfort level. As your confidence builds, move money from your savings to increase the size of your bankroll.
  5. When you can estimate that your average gains from real trading (from step 4) are at a level where, if you were to trade full time using your current bankroll, you would be making profits that slightly exceed your current employment salary, you are ready to quit your job and trade full time. Remember, you want your trading profits to exceed your present salary. This will give you the opportunity to maintain your current financial level, but at the same time continue to increase your trading bankroll, which will enable you to earn more and more money as the size of your available funds grows larger.

It is important to have patience with yourself at each of the steps mentioned. Maintain emotional equanimity and understand that fear and greed are a traders most dangerous nemesis. If you can keep these emotions under control and maintain the discipline established while following these steps, you can look forward to making it as a professional trader.

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Retirement Savings Account

Factoring is one of the oldest methods of business financing in existence. The history of factoring dates back to the days of moneylenders in the middle ages. Factoring has been the working capital facility of choice in Europe for centuries. It has taken on a new life in recent years as a financing method for many businesses in the United States.

Factoring is the sale of accounts receivable, as opposed to borrowing against them as you would do with a bank line of credit. By selling your invoices, you generate immediate cash flow instead of having to wait for your customers to pay.

Companies often find themselves in the frustrating position of having sales opportunities which they cannot accept because of the lack of financing to support those sales. Banks normally cannot provide adequate funding for growth due to internal credit policies and external regulatory restraints. Even if a business can qualify, the bank line of credit may be totally inadequate to support the company?s sales growth opportunity.

Primary advantages of factoring versus a bank line of credit:

  1. Factoring facilities are much easier to implement compared to acquiring a bank line of credit.
  2. Factors have more flexibility with regard to documentation and credit issues than banks.
  3. Factoring can be initiated and terminated very efficiently. When making a first-time purchase of invoices from a business, factors typically take one to two weeks to check the credit ratings of the customers and communicate a discount price.
  4. The business receives payment in cash from the factoring company after delivery and invoicing a customer. Immediate invoice payment eliminates the sale-to-collection business cycle; thus allowing businesses caught in a cash crunch to obtain fast relief. Turnaround on the sale of receivables is only about 24 hours.
  5. Factoring is a sale of assets (invoices), not a loan. For businesses that either cannot qualify for traditional debt financing or that simply do not want to incur more debt; factoring is good alternative means of funding working capital.
  6. Factors purchase all rights in the invoices and the seller has secondary liability for any invoices not collected.

The factors undertake debt collection, but the business remains ultimately responsible to repay any portion of the cash price attributable to an account that went uncollected. Factoring can be an effective solution to funding a short term gap in cash flow for the start-up or rapidly growing business.

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