Friday, September 28, 2012

Signing Up For A Credit Card Online

Many people use the Internet exclusively to pay bills, access their bank accounts, and perform other finance management tasks. The Internet has become the easiest way to access and explore credit as well. If you've spent any amount of time online at all, you've probably noticed sites that offer credit cards in addition to other financial products.

So, what's the deal?

Remember when your parents used to tell you that there's no such thing as a free lunch? Well, online credit card offers and other financial product offers, such as a free credit score, are rarely what they appear on the surface. Can you get your credit score through these sites? Sure, but you'll pay for it in the long run. Here's a tip: you are legally entitled to one free credit report each and every year, for free.

As long as you know what you're paying for what you'll be getting, you may be making the right decision. Be sure to read the fine print so that you know exactly what you're getting into. Make a hasty decision and you'll likely cost yourself some money.

The Free Credit Score
That flashing banner ad at the top of the screen may be screaming free credit score, but is it really free? Ads are a way to make money, not give things away for free. More often than not, those ads are a way for the advertiser to get you to buy something in exchange for something you may want.

For instance, that free credit score may be accessible only if you sign up for a credit card. Not a bad idea, you say? Check out the terms of the card issuer before you commit. Cards with high interest rates and hidden fees often use what appear to be great online deals to entice the credit novice to sign up. What good is a free credit score if you end up paying hundreds of dollars in fees for your new card?

The Sign up Now Draw
Ads enticing you to sign up for a credit card may be convenient, but what's in it for them? In most cases, online ads that direct you to sign up for a new credit card make money by receiving a finder's fee for each new account they bring to the credit card issuer. Although such practices don't really hurt you in any way, they don't help you either.

Ultimately, if you're shopping for a credit card and XYZ company is your choice anyway, go ahead and sign up for the card and get your free credit report. Conversely, if you're not in the market for a credit card, click the x and close the page. Remember, using credit wisely is all about making informed decisions. Check out what the offer entails and make your decision based on what you're getting for your time and money. A little research now may save you a ton of money down the road.

Wednesday, September 26, 2012

Battling Myths of Payday Loans, Credit Scores, and Debt Solutions

A low cost payday loan is a cost effective way to get your hands on fast money. The low cost of payday loans flies out the window when you extend the loan past the original pay date. The loan may still be helpful, especially if it kept your payments going out on time. Having a plan for your money and following through is one of the best ways to come out of an online payday loan clean and unscathed.

There are some people who think that their credit is pretty high until they pull their report. There is a high percentage of errors which are found on credit reports. If your score is lower than expected, comb through the information looking for mistakes. Human error is easily corrected and when it means a higher score and lower interest payments on your credit, it definitely is a job worth accomplishing.

Some people are leery to check their score thinking it will hurt the overall numbers. Checking it yourself is generally a non-affecting action. it takes hard inquiries from potential creditors to lower your score. You will need to check all three credit reports. Each company works their own reporting meaning you may have errors in any of the three so checking one will only solve one problem not three.

The credit bureaus want you to check your credit. They created annualcreditreport.com so anyone can have access to a free credit report every three months in order to keep tabs on what is being reported. There are many other websites which have tried to emulate this free version by offering a free report from only one of the three bureaus. Others will make you sign up for a low cost look but will keep charging each month unless you remember to cancel the service.

Debt in collections gets sold between collectors. An old debt, which morally would make sense to pay, could possibly be past your states statute of limitations. Making one payment could restart the clock for the debt giving the lender another opportunity to take you to court. If the debt is older than 7 years, it should not even be on your credit report at all and you should forget about trying to pay it. Focus on maintaining your present finances.

Opt for a credit counselor who can help refocus your budget to make your income work for you rather than debt settlement or the last resort bankruptcy option. Choosing an option which will make your credit score suffer more may not be in the best interest of your future finances. Whatever damaging reports the creditors will report is to remain for seven years. Debt settlement programs make take a few years to collect enough money to negotiate the settlement. Once the settlement is made and the creditor is paid, the report will reflect "settled payment" which is still a negative. Your bad credit could continue for another 9 years or more by using a debt settlement company. As bad as bankruptcy is, it could potentially be over faster than debt settlement. Having a second chance at your credit is a great thing. The key here is to learn from your mistakes so your fresh start is built on solid financial ground.

Maintaining high balances or closing credit cards will also lower your score. A credit report wants to see you manage your debt. Do your best to maintain less than 30% of the available balance and rotate the cards to keep them active. You have to prove to potential creditors that you have the money skills to be a good business decision.

Opting for a payday loan to help with debt is not a good decision. These loans expect a payoff which includes the fees in just a few weeks. Usually people who are already carrying a large pile of debt will struggle to pay off the direct payday loan on time. Use online payday loans sparingly and have a payoff plan before signing for the loan. Too many of these loans out eat away at your income. Keep them a low cost option by using them sparingly. The high interest attached to these loans can do too much damage to a struggling budget when not paid off on time.

Friday, September 21, 2012

Feng Shui Pi Yao

The Pi Yao or Pi Xie is a mystical creature that is a particularly powerful and auspicious creature of good fortune. It is said to have a voracious appetite that is infinite. The interesting part is that the Pi Yao does not have an anus, which means things only go in but never come out. It is therefore a favorite must-have for businessmen and merchants wishing loads of money rolling in without spilling out a dime. It is no wonder that Pi Yau can often be seen in banks, casinos, foreign exchange markets and finance companies in Oriental countries. One can often see Pi Yao being worshipped and offered with incense and flowers in business premises in countries like Thailand to attract sales.

Besides that, the Chinese adore the Pi Yao because of its very protective, obedient and loyal nature. It is believed that the Pi Yao will always try its best to fulfill its owner's wish and protect its owner from injuries. Because of these capabilities, smaller version of Pi Yao are often worn as an amulet or carried in one's bag wherever one goes. Many stories have been told where victims of car accidents or robbery assaults surprisingly escaped the ordeal unharmed and found out later that their Pi Yao amulets they were wearing or keeping had mysteriously broken into two or damaged. It is said that their Pi Yao had sacrificed themselves to protect their owner. Treat your Pi Yao like it's a real pet. Talk to them, pat them, rub them... a happy Pi Yao will go the extra mile to grant your wishes!

Pi Yao is also a wonderful symbol to appease the Grand Duke Jupiter or Tai Sui. Depending on your horoscope sign, you might be offending the Grand Duke in a particular year, directly or indirectly. If your horoscope sign is in conflict with the Grand Duke, you will suffer a year of bad luck and obstacles. Those afflicted with Tai Sui should display the Pi Yao where the annual Grand Duke Jupiter resides in your home as well as carry a Pi Yao protection amulet.The person with the chinese horoscope sign that is in direct conflict with the Grand Duke Jupiter MUST wear a Pi Yao amulet throughout the year of affliction to keep yourself from misfortunes. This practice is highly recommended by Feng Shui enthusiasts

Here is how you can use the Pi Yao to Feng Shui your way to a better life.

1. Those afflicted with Tai Sui should display the Pi Yao where the annual Grand Duke Jupiter resides. It is an extremely powerful symbol that will help to appease the Grand Duke Jupiter and dissolve bad luck.

2. You should place a Pi Yao if you have just moved into a new home or renovated or carried out building work or are having a run of bad luck. Display this figurine any where in your living room to keep yourself away from harm.

3. Many believe placing lottery tickets under the Pi Yao will bring good luck.

4. Place the Pi Yao at your work desk or reception counter to attract good fortune and protection from people with bad intention that may cause physical harm. Having a pair of Pi Yao in your business premises will ensure prosperity and good sales. In your living space, they ensure you will never run out of money.

5. In Flying Star Feng Shui, the Pi Yao made from metal (brass, bronze etc) is used to ward-off the evil influences of the malignant #5 yellow star and #2 black star. The #2 black star is also known as the Sickness Star' which brings illnesses and ailments to occupants while the #5 yellow star is the Disaster Star' that instigates fights, accidents and death. Placing the Pi Yao in the affected sectors will dilute these adverse energies.

Monday, September 17, 2012

What Face Plastic Surgery Entails

Plastic surgery is a process that involves cosmetic and reconstructive surgery procedures. It involves various parts of the body, with one of the most popular being face plastic surgery. This procedure, just like any other, requires a highly competent facial plastic surgeon to carry it out safely and successfully. It also requires prior budgeting for the cosmetic surgery prices. It involves face lift surgery and facial implants.

There are many reasons that can make you to wake up one morning and go for a face plastic surgery. It could be because of the crow feet and fine lines that have appeared, or the imbalance you notice between your facial features when you look at yourself in the mirror. You may opt for reconstructive facial plastic surgery to enhance the features and shape the face beautifully.

Face plastic surgery is, however, a past time of the wealthy for the reason that cosmetic surgery prices are usually extremely high.

Having a face plastic surgery involves restructuring of the skin, tissues and underlying bones of a facial region to enhance its appearance. It could be on flat cheeks, recessed chin or a soft jaw line. Depending on the needs of the patient, the facial plastic surgeon may have to conduct a major procedure that takes several days, or minor one that takes minutes or a few hours to be completed.

Some of the more common face plastic surgery procedures include lip augmentation to fill up thin lips, dermabrasion to give the skin a youthful appearance and hair transplants. The cosmetic surgery prices for all these procedures vary, but they are still relatively high. Before you have your face lift or lip augmentation, you need to find the best facial plastic surgeon.

A budget that accommodates the cosmetic surgery prices is necessary because these surgeons to not come cheap. The best surgeons are qualified to perform any cosmetic surgery procedure, regardless of whether they are female or male cosmetic surgery experts. You will need to check for certifications from the national plastic surgeons? body.

Having this board certification is an indicator of the surgeon having met the requirements for clinical practice by being trained and experienced, and passing the oral and written examinations for their field of specialty. This alone is not a guarantee of excellence in the clinical practice, though. You must conduct further research into the record of experience of the surgeon in general surgical training, and make sure it is of many years.

You should also ensure they have a solid reputation before you part with any money to meet the cosmetic surgery prices, or entrust yourself to them for that matter. You can find such surgeons and their cosmetic surgery prices on plastic surgery news.

Once you have made contact them, these medical professionals will establish if you are eligible for face plastic surgery or not.

The surgeon will examine your medical history, anatomy, skin condition and physiology to determine the appropriate procedure to carry out. You are going to, at this point, have to discontinue unhealthy habits such as smoking. Your surgeon will assist you in the preparation for the face lift surgery.

Friday, September 14, 2012

Nevis LLC Information & Laws

Many people wonder why our law firm would use an Offshore LLC in Nevis for our clients, as they are only familiar with the more standard IBC or an IBC combination. We have summarized below many of the features and benefits of using a Nevis Limited Liability Corporation.

This is not to say that is the correct solution for everyone and we remind clients that we can incorporate all types of entities and complex structures involving several types of entities. Every situation is somewhat unique and requires the planning combination of; original assets involved, business processes in question, jurisdiction required, asset protection issues, tax planning and budget. Feel free to inquire.

What is a Limited Liability Company? - The Limited Liability Company (LLC) was first designed in Wyoming in 1977 and almost all US states have adopted its use over the past 10 years. Sophisticated businesspersons and attorneys saw the benefits of the marriage of LLCs with offshore jurisdictions. Thus, in short order several offshore jurisdictions implemented LLC or similar legislation, either as a supplement to their existing Companies Act or as stand-alone legislation. Be advised that USA corporations LLC or otherwise offer no privacy, or protection. Any judge or government official anywhere in the country and in many other countries can readily access all the records with a phone call, fax, email etc.

Legal Basis - The Nevis LLC is organized under laws that (1) creates the entity, (2) endows it with a legal existence or juridical personality separate from its members, (3) shields those members from personal liability, (4) governs the company's operations, and (5) determines how and when the entity will come to an end.

A Nevis LLC is neither a partnership nor a corporation. It is really a hybrid between the partnership and the corporation. It is a distinct entity created by statute that offers business an alternative to partnerships and corporations by combining the corporate advantage of limited liability with the pass-through tax advantage of a partnership.

The structure of the Nevis Limited Liability Corporation or LLC is extremely flexible, and is a matter of contract among its members.

Nevis LLC Shares There are no shares with a Nevis LLC. No bearer share certificates or registered shares. This solves any problems with filing beneficiary owners names in public registry or with the registered agent holding the shares. Very private at a low cost.

Transfer of Ownership A Nevis LLC ownership can be transferred to another entity be it a natural person or a judicial person (corporation, trust or foundation) without reporting the transfer to any entity. The registered agent does have your ID documents (notarized copy of passport and driver license) so it would be a good idea to know who you are selling the LLC to and get a signed bill of sale.

Nevis Taxes - No corporate tax, income tax, withholding tax, stamp tax, asset tax, exchange controls or other fees or taxes are levied in the jurisdiction on assets or income originating outside the island. No tax returns or other filings need be filed with Nevis.

Nevis LLC Records These records may be kept anywhere in the world.

Nevis LLC Management Titles - In governing an LLC, the members are free to adopt any titles they wish to use. For example, they may call themselves directors or owners. In addition, if managers or officers are to be appointed to direct the affairs of the company, they may assume any titles that the members decide such as President, Secretary, etc.

The members and managers of an LLC are free to issue powers of attorney to third parties to conduct business on behalf of the LLC. Generally these are notarized and sometimes apostilled as well.

Nevis LLC Membership The Nevis LLC membership may be determined by the operating agreement of the LLC, which is a private document not on file in any public registry or database. The operating agreement typically names the members of the LLC which can be natural or corporate persons along with their proportionate share or interest in the LLC, and sets forth the internal structure of the LLC. Additionally, the LLC may issue "membership interest certificates" to all the members (similar to shares or stock of a corporation), which certificates will typically bear the name of the LLC, the name of the holder of the certificate, which can be a corporation, foundation or trust, and the proportion or percentage of the interest in the LLC the certificate represents. In many cases, offshore LLC's do not issue certificates nor provide operating agreements. This allows more flexibility in the future to the members or managers.

Nevis LLC Operating Agreements These operating agreements grant Nevis LLC's powers formerly reserved only to corporations. For example, Nevis LLC's can have perpetual existence, protect the members from personal claims against creditors of the LLC, allow members to transfer their interests freely, and elect managers (or directors) to run the LLC. In addition, like by-laws, operating agreements can allow for the issuance of certificates to members in the LLC with differing or preferential rights with respect to voting and/or the types of distributions they may receive.

Nevis LLC Liability Limitations - None of the owners are exposed to personal liability. The owners can participate in management without becoming personally liable for the company's debts.

Owners Names Kept Secret - Nevis LLC offers its members full secrecy, as there is no public filing of their identities.

No Limit on Amount of Members Nevis Limited Liability Companies have no limitation on the number of members.

Ownership of the Nevis LLC - The ownership of a L.L.C. has no limitations. The owners can be trusts, anonymous corporation or anonymous foundations.

Owning Assets The Nevis LLC can own shares of other corporations, be beneficiaries of trusts, own real estate, boats, airplanes, and of course have bank accounts.

Nevis LLC & Creditors If the LLC gets sued in another jurisdiction it is basically irrelevant. A creditor can always try to bring an action in a Nevis court. This is expensive, time consuming and they will often have to post a cash bond with the court for damages. Nevis attorneys are not allowed to work on a contingency basis, cash up front only. If there is a lawsuit in Nevis or the country where the LLC bank account is then there has to be valid authority. Authority means that the court in that country has the legal jurisdiction over those matters. If the events leading to the lawsuit transpired outside of that jurisdiction the courts will generally consider that they have a lack of competent authority and decline to adjudicate the matter. Another factor associated with this is venue. The case filed say in Nevis has to be a case that legally belongs in Nevis. Now a creditor can have a judgment from another jurisdiction and try to domesticate the judgment in Nevis. This is expensive, has a poor chance of being successful and is rarely done. If you are aware of a lawsuit you can change banks and relocate assets. But let us look at the "Charging Order Protection" below afforded to the members of a Nevis LLC in the event they are sued by a creditor.

Charging Order Protection - The best asset protection for the members of the Nevis LLC derives from the so-called "charging order" protection. A creditor of a member personally may somehow find out about the interest the person has in the LLC. This would require the member to reveal this information since it is not in any public records. There is a remedy where the creditor can be restricted exclusively to obtaining a court order requiring that distributions to the member's interest be directed to the creditor instead. The good part is if the LLC's manager refuses to make distributions to the member's interest, then the charging order (or even the membership interest itself) is of little value to the creditor. Thus the creditor collects nothing even though he has a win in the Nevis court which is something rarely seen to start with.

Due Diligence - For a Nevis LLC we require a copy of a driver license and passport notarized. This can be sent as an email attachment to:

Time Required Seven to ten days from time we receive documents and payment.

Fee - 95 for Nevis LLC complete including:

* Government filing formation fees
* Registered Agent and Registered Office fees for the first year
* Certificate of Formation
* Articles of Organization
* Subscriber resignation letter
* Sample Operating Agreement (optional custom designed Agreements are available from our firm)
* Organizer First Minutes
* 1 Blank Membership Certificate
* Manager or Member organizing memo

Nevis LLC and Bank Account in Belize - 95

Nevis LLC and Nevis Bank Account - 95

Monday, September 10, 2012

Benefits Of Equipment Leasing

The prince of simplicity Paul Thoreau in Walden once wrote, A man is rich in proportion to the number of things which he can afford to let alone. And so it is true with equipment leasing: The more equipment you can lease"ergo, not own and let alone"will keep your richer in the long run. Whether its a backhoe, a semi-truck, a fax machine, a personal computer or super mainframe, leasing your business or work resources will benefit you in the short- and long-term.
First and foremost, the most important benefits to leasing rather than owning your equipment is cash; lets face it, the more cash you can put to advertising, the better. The more money you dont waste in owning your equipment can be directly put back into the business, so you can reach more people. When money is fully paid for equipment"printing equipment, for example"that money is given to another business and is lost entirely to you"the money can never be put back into your own business. Rather than make a (perhaps) bad investment, put the money into true investments that will pay off in the long haul; your own company, surely, could use more working capital or more money for advertising and trips.
Additionally, you wont need the money upfront to lease the equipment you want and need. A small initial start up investment, say ,000-,000 dollars, can get you started and your business jumping. The leftover money could undoubtedly help your business grow and move forward. Plus, the monthly costs for leasing the equipment is generally lower than bank loan payments. All around, you save more greenbacks.
Leasing your equipment will benefit you further since youll have the personal freedom to be flexible. As your business and clientele needs change, your equipment will need to be upgraded to offer the best youve got. When you lease equipment, youll have the opportunity to add equipment to your line up or actually replace the older equipment with the more efficient merchandise. The equipage you have to offer your customers, and the tools your employees (or you) use to do your best, will be of the newest and finest sort. What you produce, therefore, is of the highest standard and ensures repeat business and positive word-of-mouth publicity.
When you actually own the equipment you use in your daily workings, you will eventually be paying for upkeep, maintenance and, essentially, the ownership. Another benefit of leasing equipment, then, whether its the delivery truck or the office furniture, is the money saved by paying only for usage and not ownership. When you rent equipment, as a general rule, youll only pay for the months you use the merchandise (and perhaps the first and last months lease cost). You no longer have to wait in the ever increasing long-line for financing at the bank. Leasing can be ready in less than a day, from approval to delivery of the newest business utensils. The payment plans are often more varied, longer termed and customized to fit your desire.
Whether youre leasing construction, medical, commercial vehicles, restaurant or printing equipment, the money spent is more often than not a tax deduction. The expenses of using the equipment can be deducted as an operational charge. A bank loan payment cannot be used for tax purposes as easily as the money spent for leasing the same equipment. Under the 179 US tax code, it is plausible to get an immediate 100% tax deduction from your taxable income with leased materials. Leasing equipment gives small and big business alike the chance to get ahead and succeed in a business or personal world filled with challenges. Leasing equipment actually puts your business one step ahead of competitors, giving you the edge to doubly grow and prosper for a long time.

Monday, September 3, 2012

Value Investing, Value Stocks And The All-elusive Margin Of Safety

The value investor adheres to the principle of buying only undervalued stocks undervalued in the sense that the stock's current price fails to reflect (as far as the investor is concerned) its fair' market price or its true intrinsic worth'. Famous advocates of the value investing philosophy include the legendary and very much alive investor Warren Buffet, and the late Benjamin Graham one of the first proponents of value investing, a subject he taught as a professor at the Columbia Business School in 1928.

The overriding reason why value investors seek out undervalued stocks is because value stocks tend to offer a higher degree of capital preservation than growth stocks. Value investors are not so much concerned with how much they might make out of an investment, but how much of their capital they could lose - i.e. having bought a stock, what are the chances of the price falling never mind rising?

What's a stock worth?
Depending on when and where you look and even if the business appears to be totally sound and is making money it's not particularly difficult to find stocks where, for one reason or another, the stock price fails to reflect the intrinsic worth of the business. But how can a value investor establish a company's true intrinsic worth? In other words, how does the value investor pinpoint an undervalued company?

It's all in the numbers
Essentially, value investors use cold, hard, quantifiable historical data to determine whether a stock is undervalued or not. The experienced value investor will analyze a range of the businesses' financial fundamentals such as the price-earnings ratio (P/E), earnings yield, discounted cash flow analysis (DCF) and price-to-book ratios to name but four of the nine+ key fundamental ratios. The numbers that emerge from that quantitative analysis provide a reasonably accurate indication of the company's real worth and whether its shares are fairly valued or not. If a stock's fair value is higher than its current market price, then that stock might be a value stock assuming of course that there are no obvious reasons why the price is lower than it ought to be.

Why stocks are undervalued
Assuming the stock doesn't warrant the cold shoulder from investors, stocks can be undervalued because they're not particularly popular with the investors at that moment of time, or simply because the stock is off the market's radar. Even if the fundamentals add up, a stock can deserve to be undervalued because of disappointing results, a poor credit rating, management changes, a scandal of some kind, the business is unfashionable, or there are problems relating to the company's products or services. Where those circumstances exist, and the stock price is lower than the fundamentals suggest it ought to be, that stock is sometimes deemed to be a Value Trap'.

Comparing apples with apples
It is also possible for two investors to analyze the same fundamentals and each come to a different conclusion regarding the intrinsic value. If however each investor calculated the values applying Benjamin Graham's principles where the focus is totally on documented historical numbers both individuals would reach the same number.

About the Margin of Safety
By purchasing a stock which is priced at less than its real worth, the chances of the price falling much further are relatively low and as such the investor's capital is less exposed to risk. For that reason, value stocks are considered to offer a Margin of Safety' the higher the MoS, the better protected the investors capital is judged to be. As mentioned previously, it can be extremely difficult to calculate accurately a stock's intrinsic worth, so a reasonable Margin of Safety (MoS) can shield the investor from the adverse effects of incorrect calculations, a market downturn, or both. For large cap, blue chip and highly liquid stocks, and having established the stock's intrinsic value, the value investor would hope to purchase that stock at a 90% discount to its intrinsic value i.e. a 10% MoS: more speculative, smaller or illiquid stocks should ideally be bought at a discount of 50%+ to their intrinsic value, thus providing a 50% MoS.

The attractions of value investing
The MoS can provide an element of capital preservation
Value investing is a single minded and highly disciplined approach: Value investors make their investment decisions based on cold, hard facts, rather than hype, fashion, trends or human emotions
The returns: In 1984, having examined the performance of investors who worked at Graham-Newman Corporation and were thus most influenced by Benjamin Graham, Warren Buffett concluded that as a doctrine, value investing is, on average, successful in the long run

The disadvantages of value investing
Value investors must be prepared to miss out on short term investment opportunities
Value investing requires willpower. Value investors buy when other people are selling and sell when other people are buying, which can pose psychologically difficulties for some investors
Value investing demands patience essentially it's a buy and hold' strategy
The value trap': a stock may be undervalued not just because it's out of favour with the market but because it deserves to be
The importance or relevance of more qualitative analytical factors such as the abilities of a company's management or the value of its brands or goodwill are not taken into account