Good Investment Advice: Only For The Rich?

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If you think good investment advice is only for the rich, you’re not alone. Nearly two-thirds (65 percent) of investing Americans believe that those with more money are able to get better financial advice than those with less money. Further, more than a quarter (26 percent) state that it takes at least $100,000 to get top-quality financial advice.

This is according to a new survey by the Retirement Corporation of America, which also finds that more than half (56 percent) of investors believe that financial advisors lose credibility when they accept fees or commissions.

Given the above perceptions, it is not surprising that 53 percent rely on themselves or turn to family and friends when it is time to make investment decisions rather than seek professional advice from a lawyer. However, changing investment funds is easier said than done for investors. The survey finds that nearly a third (31 percent) are willing to wait from one to five years before they move their money from a poorly performing option to a better one. The factor that makes it most difficult for investors when contemplating change is the scarcity of time to conduct adequate research, as cited by a third of respondents. This is followed by 20 percent who state that they are confused by all the available options and 16 percent who are afraid of making the wrong decisions.

The Retirement Corporation of America conducted this survey to better understand why consumers stay invested in poor-performing mutual funds. Their newly launched investment opportunity-Money Masters Investment Portfolio-is the first to offer unbiased advice and access to top-performing investment funds for every American.

Taking The Guesswork Out

The good news for confused American investors is the new registered investment advisory account (the “R” Account), offered through the Retirement Corporation of America, with no minimum account balance, commissions, transaction fees or exit penalties. It allows investors to access a fully managed Money Masters Investment Portfolio containing 15 of the world’s top-performing mutual fund managers-the “Money Masters.” The Money Masters are the top 10 stock fund and top five bond fund managers chosen from more than 8,000 fund managers who meet very strict selection criteria.

How It Works

When an investor opens an “R” Account, Retirement Corporation of America advisors determine the individual’s objectives and risk tolerance. Based on that profile, a Money Masters Investment Portfolio is created to best suit the individual investor’s needs.

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Nurturing And Developing A Home Business

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It can be exciting to start your home business, but it is also a challenging situation. If you want to run a home business that makes it, continue reading to learn how to make that happen.

All the expenditures of your business should be accounted for. Included business expenses are things such as Internet service and car mileage related to your work. Working for yourself means that a lot of expenses you would pay for anyway can now be deducted from taxes as business expenses. Small amounts add up quickly, and there is no point in lining the governments pockets with your hard earned cash.

Dress professionally for your home business. If you work at home, you may wish to work while in your jammies. Treat your home business like you would an office and dress professionally. Dressing for success will put you in a mindset to be productive. If you have trouble thinking of the right product to sell, imagine something that you find useful in your everyday life.

The best new products address a previously unrecognized need. It is likely that if people you know could use a product, than there are millions of others who would benefit from the product as well. Keep your full-time job when you first launch your home business. Chances are, your new business will not bring in a profit for quite a while, and it is best to have regular income from your current job during that time. You can use the income from your job to help make it through the start-up period until your new venture becomes profitable.

A special business checking account will help you keep accurate records for your company. To be effective, you must ensure that you use the account for all of your business expenses. By doing so, you will never be confused about your expenditures or how much you are making. In addition to the checking account, you’ll need a credit card entirely for the business, such as purchases you can’t make with a check.

Sign up with an online message board exclusively for people who operate a home business. This way you can communicate with others who are doing what you are. You can commiserate with people who understand what you’re going through. If you have decided to start a business at home, it is extremely important that your family and significant others buy into your plan.

It can be challenging to start a business out of your home. If your family isn’t on board, they will constantly interfere with your efforts to succeed. Now you should be armed with the knowledge necessary to get down to business. The information given here is only helpful if you take the time to use it properly. So use this information and you may find success just around the corner.

What is A VA Home Mortgage Loan?

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There are different types of home mortgage and each of them has an advantage and disadvantage. What may be an advantage to the others may be a disadvantage to you, which is why it is very important that you know which home mortgage is best for you. It will be beneficial if you take time on searching for the right home mortgage, the home mortgage that fits best for you in terms of your capacity to pay.

One type of home mortgage loan that you can consider would be the VA loan; this is the type of loan offered by the U.S Department of Veterans Affair. However, not all are given this type of loan. You need to go through a process to qualify. This kind of home mortgage loan is given to those American veterans or to wives of a veteran. This is actually a long term type of loan. The U.S Department made this to give the veterans a chance to have a house of their own.

If you get a VA home mortgage loan is that you are not required to give down payment. We all know that one of the requirements to get a home loan would be the down payment. And this part is what makes other applicants back out because the down payment would usually be 20% of the total amount. And 20% is actually a big amount and not all people can give that amount. And this is definitely true especially to the veterans and they are one of the families who deserve to have a home of their own.

So if you plan to apply for a VA home loan, the first thing that you should do would be to choose which type of program you wish to apply for. And you need to choose which one you think would fit you, of all the people it has to be you who would choose because no one else knows your needs and wants but you.

But no matter what you choose, you will surely be assured that you will get the most advantage with VA home loan. The first advantage would be the no down payment policy. When we say no down payment policy, you will not pay anything to acquire the home loan. You can directly have your home and proceed with the monthly amortization.

Another advantage is that this type pf loan gives out a lower rate than all the other home loan programs. This is actually one of the problems that are homeowners face, the interest. It is getting too high that you are likely paying twice or even thrice the real price. Yet, there is nothing you could do because you are in a loan.

Another thing, the VA home loan doesn’t include a compulsory insurance. This only means that your monthly amortization will not be added with insurances. The insurances they add can actually make your amortization a lot bigger.

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In the end, no matter which type of home loan you choose, may it be VA home loan or not, for as long as you are happy with your choice and you get the best out of everything then that are all that really matters. You just have to consider all options so that you will be contended in whatever loan you choose.