Is Buying Gold As An Investment Wise

Lately, gold as an investment has become a hot commodity. The ever-rising prices of gold have turned them into the best investment option. Though one can put the money in this expensive metal without any type of fear but still one must have some knowledge about this precious yellow metal.

There are concerns amongst investors when buying gold, just as there are concerns when putting money into any investment asset. However, many of these have benefits. When prices of the metal rise when the dollar goes down. These two have the inverse relationship between them. The weaker dollar or the unstable stock market makes it more expensive. So, most of the people like to invest in gold instead of the other sources. The stock market doesnt remain stable all the time and also makes for the unsecured investment. On the other hand, the expensive metals procure their value and mostly provide the good returns.

Gold is also liquidity and ease to sell. Buy gold coins to increase the returns value. These usually have the numismatic value and are more expensive than the bars. Over the time these yield more value than any other commodity. The historical coins never go for less if maintained in the perfect condition. Also these can be sold very easily owing to the higher liquidity.
When investors buy physical gold, they are reserving wealth by buying gold coins and bars. Gold coins give the opportunity to preserve the wealth from the economic downturn or inflation. These have the intrinsic value so one can rely on them during the adverse situations also. They wont become valueless under any circumstances. The yellow metal also doesnt rust and one can keep them safely in a secure storage safe.

Financial future security is another key fundamental when buying gold as an investment. Gold has proven to provide one of the best financial security for the future. As one can keep them for a long period of time because the metal doesnt deteriorate with time so it makes the future of the person secure. The financial security also gives the peace and prosperity in life.

Writing An Effective Hardship Letter To Avail Loan Modification

A hardship letter is the most important piece of document required to apply for loan modification. Its substance and validity will make or break an attempt for a loan workout. This is a letter basically contains an explanation why there is a difficulty of settling mortgage amortization. It is only fitting to compose this letter carefully.

When writing a hardship letter, its important to remember to keep it short, concise but not arrogant. A one to two pages maximum letter is strongly advised. Take note that a lender does not have the luxury of time to read a novel-like hardship letter. This letter serves as outline of ones difficulty to pay for periodic amortization, so it should be direct.

Like any letter, begin with a proper salutation, use font type and size reasonably easier to read. Letter size or 8.5 by 11 inches will be the papers size; otherwise an A4 sized paper can be used.

Bear also in mind that there is a clear definition of the term “hardship” for availing loan modification. Such hardship should fall under listed by mortgage lenders. Such as bankruptcy of business, immediate relocation, or divorce from a spouse who is the co-borrower. There are still more to this, to be sure homeowners should check with their lender.

In the actual writing, the first sentence should tell why such letter is written. This may include the explanation that after all possible ways were exhausted theres still failure to meet with mortgage payments. Much of this should be in the first paragraph of the letter.

The second paragraph should describe the events that affected failure to make regular payments. This description should be done tastefully without being overly dramatic. Overly thought out explanation might appear deliberate and fake. Additional paragraph might be added to explain the intent for loan modification pursuant to financial difficulty.

It is also wise to give approximate, if not exact, duration of the hardship period. This will be the basis for the mortgage lenders to get a head start with its response for loan modification. The last paragraph should emphasize the desire to settle the loan, but asking for leeway, for the time being.

Then end the letter with parting words hoping for a loan modification, which will be favorable to both parties. It is also wise to mention about attachments to the hardship letter, which are proofs of financial difficulty claim.

Types of Travel Insurance

Travel insurance policies provide at least six types of coverage, intended for different types of travelers and trips:

Comprehensive medical travel insurance is for people who don’t have any other medical insurance, even at home. Since most people who can afford it have health care coverage in their home country, often through their employer, comprehensive travel medical insurance is mainly of interest to long-term travelers who’ve left their jobs and lost their insurance coverage at home, or to those living and working outside their country of citizenship or permanent residence.

Emergency medical travel insurance is for people who have medical coverage at home, but whose health plan at home doesn’t cover them while they are travelling. Emergency medical travel insurance only covers emergency services abroad; once you get home, you’re back under your regular home coverage for any necessary follow-up treatment or continuing care. Check with your current insurer before you waste money on an emergency travel medical plan that duplicates your existing coverage.

Medical evacuation travel insurance covers the cost of an air ambulance, attending physician and nurse, etc. if you are so badly injured, or become so ill, that you can’t come home or get to a suitable medical facility on a scheduled commercial passenger flight. Even very badly injured travelers usually can come home on regular flights after no more than a couple of weeks of emergency treatment and stabilization abroad. Some of the activities most likely to lead to a need for medical evacuation, such as scuba diving and extreme sports, are often excluded from medical evacuation coverage.

Trip cancellation and interruption travel insurance covers the cancellation or refund penalties and the cost of getting home if you have to cancel your trip, or cut it short, for specified reasons. The covered reasons vary, but typically include injury or illness to you, a travelling companion, or a member of your immediate family. War and terrorism may or may not be included, or may be covered only at additional charge.

Supplier default insurance covers any money you lose because of the bankruptcy of an airline, cruise line, tour operator, or other provider of travel services. Some travel insurance companies no longer offer it at all, while others pick and choose which travel suppliers they will insure.

No matter which type of travel insurance you go for, make sure you read the fine print!

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It is very essential to have a travel insurance policy. Author Pranav Sharma is an experienced insurance professional and widely read expert on general insurance based in Mumbai. Pranav helps readers opt for best .

Debt Eraser – Simple Debt Reduction And Elimination

People take a variety of loans for a variety of purposes. If you think that you have a huge debt and want to eliminate it, then ask a financial planner to make a debt elimination plan for you. They will look into your revenue streams and the spending pattern. Then they will try to eliminate the smaller debts first.

It’s difficult to eliminate long-term loans; it’s certainly possible to eliminate short-term loans. Stop buying and spending on credit in short term. This will lead to short term debt elimination. For example don’t buy groceries on the credit card. This will automatically lead problems, this advice will be useful for you. Use cash to buy and use coupons for getting a few dollars off on various products. Thus there will be less credit card bill at the end of the month. Use a credit card only when you must.

Get professional help. The best way to know exactly what you need, is to use a professionally recommended debt elimination plan. Contact a quality debt advisor like for example Abacus, which will almost guarantee that you will save yourself money and time.

Consolidate multiple bills. If you have lots of bills to pay each month, you will be amazed if I told you how much extra you are paying unnecessary. The solution is to consolidate all your debt into one loan and pay only one bill a month. This will cause the amount of interest you pay to go down, while at the same time the amount of money in your pocket goes up.

When starting your debt elimination system, be sure to focus on one bill at a time until it’s completely gone. One way is to start with the debt that has the highest interest rate. Another way is to start paying off the one with the lowest balance. Many people have had success paying off the bill with the lowest balance because they can see an immediate reward for their effort. Whichever way you choose, start the process today and you’ll have the debt relief that you deserve!

The Ins And Outs Of Owning A Franchise

Many years ago it was the norm that when someone wanted to go into business for themselves it meant using one’s own instincts and depending on one’s own personal know-how and also observing the way that the market was going to move. However, things have changed and franchises have become the new way of doing things which has led to much prosperity for franchisees. Essentially, a franchise is duplication of business concept that has proven successful for the parent company and it also means that the franchisee is the owner who hires his or her own staff and looks after the day-to-day working of his franchise in which the stakes are high since the franchisee has invested his own time, money and effort in running the business.

An Already Established Concept – Another advantage to owning a franchise is that the concept has already been established and there will already be a proven track record of success. Also, the franchisee is well within his or her rights in using the trademark of the company and also its brand name which gives a license to the franchisee to market products that already has the brand recognition and which is already popular with the customers. Thus, having a franchise means tapping into a market that has already been established and is ready for more business.

When one takes a franchise, there is assured support on the part of the franchiser, and even though you may running the business on your own, there is always an extra opportunity or two available from the parent company and assistance too is always forthcoming. Since a majority of franchises are turnkey projects, it means that after signing the agreement, the franchisee gets all the equipment as well as supplies that are necessary to grow the business further, and this is something that sets franchising apart from other business concepts.

Next, when one takes a franchise there is less need for capital as compared to starting a business for yourself, and this can be attributed to the fact that you will already be getting experience and also a tried and tested system that the parent company has operated with success, and for which you do not have to spend unnecessarily such as on trial and error ideas. And, it also means getting supplies at lower costs because the parent company has already negotiated prices with suppliers and this benefit is passed onto the franchise.

Other benefits to starting a franchise includes getting wider promotional campaigns, benefits of ongoing R & D programs, having the status of a company, not taking any more risks than are necessary, and getting a set of quality standards that are unified. Thus, with all these benefits, it is easy to see why other forms of business concepts are not able to compete with franchising.

Global Market Report 2012

Global Stock Market 2012

Australian Share Market has started to get much better level in Local Share Market. Bank Scripts are raising for example ANZ Banking Group and National Australia Bank with the Capitalization and with the size of 87$ this year. China Market has the good movement in Market of 2012. So this movement made Investors and Traders to bet for buy and sell in the Financial market. Only in 2010 Index Future was launched in China Financial Future Exchange which has been going in the nice Movement in China Market. In African Stock Exchange, there are 4 Exchanges which has been taking place in the Capitalization in Africa. They are Ghana Stock Exchange, Sierra Leone Stock Exchange, Nigerian Stock Exchange. Many years, the African Capital Market Integration Council stays at the front of the Integration Process and surviving it. In 2012, More Investors from Foreign has started to Invest in Sri lanka Market, which has made the Investors in Sri lanka scared. Foreign Investors buying the important companies and the Fundamentals in Sri lanka. After 2010, Foreign Investors have bought 28.2 billion Stocks in 201, Only in Si Lanka which has made us surprise. Indonesia Stock Market 2012, Negative Trading have affected the Turn Over and the GDP of Indonesia. But the Local Traders, wants to Invest more in the Indonesia Stock Market. Last few months. Only Indonesia Market having the Negative Movement, but the cause is from Global Market. Bank Stocks like Bank Mandiri has been helping the Financial Sector to become advance as 7.2. So we knew in India, it had been little negative movement in 2011. But in 2012 it has started to flow nicely which is good news for our Indian Stock Traders. We found a result in 2011 Survey, the Return Ratio of Global Market Since 2010 to 2011 is 20% but first 5 Countries which made nearly 20% and above Return Ratio in Stock Market were Denmark (26.1%),Turkey(22.3%),USA(19.6%)Philippines(18.0%) and Belgium(15.8%) As we know, 2012 was good to India and the movement was very flow, traders were beneficial and more and more trades happened in India. Widely 2011 was crashed. Every Month Traders had a thought of flow movement but the whole year was in Negative movement. Anyway Investors believe that Market will turn one day. So we hope it would be 2012 and to compare with 2011, it has been good movement till this month (August). We believe this will continue forever-by banknifty.com!

Forex Trading System Robots. 3 Things to keep in mind when you’re about to choose.

Right now, thousands of people all over the world are using robots to trade their money, and we’re seeing an increasing number of forex trading robots entering the market. Some of them have been around for quite a while, and a few of them are actually pretty good, but most of them are not. This article will teach you 3 things you should keep in mind when you’re deciding which forex trading system to go for.

1. What do YOU have to do?

When choosing which robot to aim for, it is essential to decide whether you want a fully automated system, or a system based on tips, but yourself in charge. There are systems that will tell you as little as two simple words: “Buy” or “Sell”, and that is advice based on analyzis made by pro’s. The decision to sell or buy at that time is yours only. A fully automated forex trading system will trade your money without any influence by anyone.

2. How flexibel does your forex system need to be?

I would say, very flexible. I have tried robots that works on only one single currency pair, and with bad results. I would like my robot to be able to run several pairs at one time. This ability gives your control over your investment, and makes it possible for you to tweak the settings for maximum profits. The basic settings made by the creators is working good and is stable, but profits are not maximized. Here is a great for the system I use myself.

3. Does it support “demo mode”?

This is important. Because I would never try and run a system without having the ability to run in demo. No one likes to throw their hard earned cash on a system without knowing the shots. The system I currently use myself performs very well from the first day, but I had to try it demo first to get comfortable with it, and then I switched to real account. The results were very good, but not good enough. After reading the guide mentioned above I quickly adjusted my current settings, and the profits trippled overnight. That is why it is important to have the ability to trade in demo, so you can play around with the settings and get the feel of things first.

Forex trading systems is nothing new. But most of them are rubbish. Our website recommends the system we use ourselves, and with good reason: It makes us money! Learn more about this brand new , and start making hourly profitable trades yourself.

What Mistakes Do Commodity Traders Make When Trading

Any kind of trading is a risk, and it is the same for commodity trading as well. It is natural for traders to loose some money when trading in the commodities market. Almost 85-90 percent of those who trade in the commodities market are susceptible to loss at one point of time or the other. There are some more who loose quiet a lot of their investment if their commodity trading strategies are not right. For those who always wanted to enter into the commodity trading market may find these statistics appalling. What needs to be known is that those who have not done well in the commodity trading

Another reason why traders fail is because they do not educate themselves well about the commodity trading This is especially for new traders who think that trading in commodities is easy and educating yourself about it is not necessary. Learning futures margins, ticker symbols and contract sizes are only a chip of the trading block. What every trader needs to know is that since you are competing with several other traders who are well trained and know much more about commodity trading. What traders need to realize is that knowledgeable traders will not make trading easy for you since they make note of all the points, these are essential to make good trading strategies and win good trades. It is therefore essential that traders who are not well educated about the commodity trading market ensure that they gain all the required knowledge to help them move a step ahead.

Another mistake that most traders make is put in a lot of money in a single trade. The secret to being a successful commodity trader is making sure that you dont put in more than 5% of your money in one single trade. For e.g. if you want to begin commodity trading with $20,000 then you need to make sure that you put in no more than $1000 in a single trade. Investing any more is like inviting risk. With only a small percentage in a particular commodity you can be assured that incase there is a loss you will not loose a huge amount.

Advice on Getting Credit Card Debt Consolidation Help

If you are feeling down in the dumps with huge debts, credit card debt consolidation programs can help you to realize the measures to be taken to clear the dues. While making an important decision, you really should talk it out it with people around you who are experienced enough to help you in your decision making. That means talking to friends, family members, or colleagues who have worked with debt consolidation programs themselves. Get the facts about debt consolidation programs and its various facets.

Go for programs that will resolve your debt issues and keep you out of danger. Every individual is surrounded by various economic problems and each one is equally stark. So when you are pursuing debt assistance it is important that the solution not only matches your requirement but also keeps you at ease.

A debt consolidation program includes a professional who has to his advantage a myriad of tools to use to help you get your monthly income under control. It should be noted that credit rating is very important. A company while consolidating uses primarily loan products to help you combine and manage your debts by reducing it. Your credit rating can have a large influence on what kind of loan you will qualify for and what kind of program to use to in your situation.

Debt consolidation helps you to save a certain amount of money for your checking account, investment account or a savings account. This would also enable you to increase your credit rating.. The procedure of debt consolidation constitutes gathering your multiple rates under one low interest, low payment monthly loan account. If you head for a debt loan, the result will be seen in your credit score as you are eliminating all of those credit accounts and replacing them with one reasonable loan. With the help of a debt professional, you can reduce your monthly obligations to a single loan thus allowing to free up extra cash and use cash to purchase things instead of credit.

Banks and creditors view debt consolidation loans favorably because they know that you will be engaged in some positive ways to repay your dues. The majority of creditors have an inclination to work with debt consolidators helping you to lower your monthly payments or interest rates because they see this as an opportunity to have debts paid in full and in a timely manner.

A profitable debt consolidation program tries to make you debt free.

Bank Recruitment by IBPS CWE

Banking sector is growing fast and flourishing with every passing year. It recruits many individuals every year for various posts. However, since it is a highly coveted career option, the recruitment process is very tough and the selection rate is very low. This makes it a stiff competition for the candidates appearing for the exams. However, it is a hectic procedure for the respective bank as well. It is very difficult to recruit the most capable candidate out of the thousands who appear for the exam every year. However, they cannot compromise on this, as banking sector requires a strong team of loyal and hardworking individuals who take care of the monetary matters of the citizens of our country. it is also a tough job to conduct exams every year for thousands of candidates. However, IBPS is a solution to this problem faced by most public sector banks. It is an autonomous body that recruits individuals for various posts in public sector banks of India. This year, for the first time it is conducting CWE (common written exams) to recruit candidates for the post of Bank PO. IBPS uses the latest technologies to recruit the most capable candidates. It is built up a strong faculty of professionals who are trained in various fields like, psychology, marketing sector, banking industry etc. It has various offices spread throughout the country, which conduct exams every year for various posts in public sector banks. The establishment of IBPS has been a blessing for many public sector banks who have successfully recruited many capable individuals based on the exams conducted by IBPS. Its efficient team of employees and latest technologically advanced machines allow quick printing of question papers and unbiased checking. It also conducts training programmes for its clients so they realize their potential and choose the post accordingly. Common written exams (CWE) is another effort by IBPS to recruit candidates easily for the 19 public sector banks connected with it. It will be like bank exams, but all the candidates would be given the same question paper. After clearing the exam, they will get a score card. If a vacancy arises in any of the 19 banks involved, the candidate can directly reach the interview level with the help of the score card.

Thus, IBPS has taken the responsibility of bank recruitment for various public sector banks. Its new endeavour to commence a href=””>CWE for the post of bank po has been appreciated by many. It will follow an unbiased procedure to recruit capable indviduals.

Download list of , bank exm question parer , a href=””>CWE and tips for on jagranjosh.com