October 30, 2008
An annuity investment does not qualify to be an insurance policy, however, they are distributed by financial planners from insurance companies. An annuity is a tax deferred savings account issued by a financial advisor at an insurance company.
In this, the principal return is tax-deferred, and you will only pay taxes upon withdrawal of funds So as your saving – you pay no taxes! The result over the long-term is more cash available to earn interest.
There are fees associated with the purchase of an annuity. These vary depending on the type of annuity you purchase and may include these charges: administration fee, contract fee, mortality and expense risk fee, and a withdrawal fee
There are two ways to accumulate annuity growth.
1. Fixed Rate – a fixed rate of return.
2. Variable Rate – growth potential of investing in the stock and bond market.
October 27, 2008
Stock market has the have all type of investors those are based anywhere like large hedge fund traders, and also small individual investors. The order of that stock traders ends with a stock exchange which involves professional.
Some transactions are done in open outcry means the exchange are physical locations where transactions are carried out on a trading floor, it happens in stock market and commodity exchange her traders enter verbal bids and offers simultaneously.
The other type of stock exchange is a virtual kind, composed of a network of computers where trades are made electronically via traders.
The potential buyer bids a specific price for a stock and a potential seller asks a specific price for the stock. When the bid and ask prices match, a sale takes place on a first come first served basis if there are multiple bidders or askers at a given price.
October 25, 2008
Its is also know as public market or equity market which is used for trading of company stocks, on other words it can be said that its a market for the trading of publicly held company stocks or shares and associated financial instruments which includes stock options, convertibles and stock index futures. Derivative of company stock is a agreed price, as these are securities listed on a stock exchange as well as those only traded privately.
The estimated size of this market is approx $480 trillion, which is 12 times the size of entire world economy. The stock market in Europe includes the London Stock Exchange, Paris Bourse, and Deutsche Borse. As well as the United State includes the trading of all securities which all are listed on the NASDAQ, NYSE, and Amex also the regional exchanges
October 23, 2008
What is Mortgage?
It is a type of using real properties and personal properties as a security for the payment of a debt. But mortgage in it self is not a debt, it is only an evidence of debt. We can also say that the mortgage is a security for the loan that the lender makes to the borrower.
A mortgage loan is a loan secured by real property through the use of a mortgage of a legal instrument. In many places it’s strongly associated with loans only secured on real state not for other properties. For some places the land may be only mortgaged.
In other words we can say that it’s a standard method by which individuals and businesses can purchase residential and commercial real estate without the need to pay the full value immediately.
October 17, 2008
When an individual cannot pay their debts as they fall due it is a legally declared inability or impairment of ability of an individual or organization to pay their creditors. Creditors may file a bankruptcy petition against a debtor (“involuntary bankruptcy”) in an effort to recoup a portion of what they are owed or initiate a restructuring, bankruptcy is initiated by the debtor a “voluntary bankruptcy” that is filed by the bankrupt individual or organization). If you are ever faced with the prospect of bankruptcy you should look at alternatives as soon as possible such as the.
Implications of bankruptcy
You lose control of your assets and cannot obtain credit for over £250 without the permission from the lender. You cannot act as a company director and cannot take any part in the promotion, formation or management of a limited company (LTD) without the permission of the court. The person cannot trade in any business under any other name unless you inform all persons concerned of the bankruptcy. The person may not practice as a Charted Accountant / Lawyer, and also may not act as a Justice of the peace (JP). The person is also unable to become a member of parliament. And also may not become a member of the local authority. The credit is affected for many years after the annulment and may be publicly examined in court.
Advantages of bankruptcy
For the person involved, bankruptcy provides relative peace of mind and possible automatic discharge after one year or less in some cases. For the creditors, bankruptcy allows a full investigation of the debtor’s affairs to be carried out.