Category Archives: Invest

Essential questions that you ought to be aware of when applying for a debt consolidation loan

In the event that you are looking to get a debt consolidation loan to find a way out of the financial pressures that have been weighing you down then the probability is that you may have lots of doubts, questions running about inside you regarding how you can make this debt consolidation plan work.

This article will attempt to show you how you can find the solutions to some such questions.

  1. What will be the taxes that you shall have to pay after the debt consolidation loan gets underway?

A lot of financial institutions shall have to be reporting the debts which have been reduced and were more than $500 over to the authorities at the IRS. A debtor shall be required to report this as an extra income on the returns to his taxes. However, the IRS might just let you offset the income from the reduced debts right up to the amount which had made you go insolvent when you had your debts consolidated. You shall be becoming an insolvent if you were to owe an amount of money which was more than what you have and that would mean that you will be getting a net worth which is negative.  In the event that you have a lot of debts to clear, then the chances are that you shall not do not have any positive net value and because this is a rare case, the chances are that clients shall be required to pay up taxes on the deducted debt amount.

  1. May your wages be getting garnished?

When you are listening to debt collectors, the chances are that you can get tricked into feeling that they will seize and take away your income if you are unable to pay them off at the stipulated time and place. This threat that you may go on to lose a certain part of your wages to these garnishment actions will be quite frightening as a prospect for people who have financial troubles already. However, this is a mere tactic of intimidation which collectors use in order to trick people into paying them on time even though they do not possess the necessary funds at that moment.  In the beginning, the creditors can threaten to bring a lawsuit to get a judgment in his favor then go on to get an authorization for the garnishment. It is important that you understand at a single instance only one creditor is authorized to garnish the wages. They cannot take money from your salary without getting approval from the courts, and besides this, you will also get intimidated by this through a formal letter.

  1. Debts settlement scheme and a credit counseling scheme are different

Debt consolidation is a way of debt settlement. One of the essential differences between a debt settlement scheme and a credit counseling scheme is that you shall be paying off the debt balances with the interests and your other fees in a credit counseling scheme. In debt settlement schemes like debt consolidation, you will be paying a single consolidated loan amount of your debts with a lower rate of interest. With debt settlement methods you can get freedom from financial problems in 2 or 3 years. Credit counseling will take around 5 to 8 years. Another major difference lays in the workings of the schemes, in debt settlement schemes a firm will be working for you only because you are their consumer. They will not receive any commission from the creditors. This will make your debt consolidation team have no conflict of interest and work for you completely. In a scheme involving credit counseling, the firm will get some commission from the creditors. This will lead to a conflict of interest.

  1. What sorts of debts can be covered by debt consolidation and settlement techniques?

Each and every type of debt which is unsecured can be negotiated successfully into a debt consolidation loan. The unsecured debts refer to those debts that have not been associated with a material object which may be repossessed by a creditor. Loans like an auto loan will not get included into debt settlement or consolidation because a creditor can easily repossess the vehicle. However, bills like medical bills, department store bills, debts on credit cards are some loan types that can get settled with debt consolidation loans. Student loans do not get included in debt settlement plans though. These include loans backed by governments which cannot get discharged in any proceeding for bankruptcy. Loans for higher education which are private in nature or do not have government backing can get included, however.

  1. When your creditor does not agree to your debt consolidation plan?

A lot of debt consolidation loan providing companies will have strong connections with major banks and collection agencies. Debt consolidation is today seen as a recognized and legal solution for collecting debts by most business institutions. There can be a few odd cases where creditors may not want to go for debt consolidation scheme when it is brought up; it will mean that you must wait for some time before he finally accepts. There will be a few creditors who will be inclined to playing hard, but ultimately, they too will budge and accept a debt consolidation plan. Besides this, it is also a factor that all collection agencies will go on to get some commission amounts from the accounts which they have acquired, and thus they will be willing to accept when a reasonable offer for debt settlement comes, which will also be profitable

You must visit to learn more about debt consolidation methods and tactics.

Wrapping things up

Debt consolidation loan is a feasible option for paying your loans off quickly. You will also save money because the interest rates that you pay will be lower.  Hopefully, this article has helped you to acquire some knowledge about debt consolidation loans.

The Blockchain Effect on the International Remittance Market

Is the overseas money transfer market already experiencing a blockchain effect? Brad Garlinghouse, Ripple’s CEO, recently announced that three leading international remittance companies are in the process of putting the company’s blockchain technology through a testing phase. The first to start was MoneyGram, and next in line was Western Union.  Incidentally, Ripple (XRP), the cryptocurrency, was the highest gainer among all global currencies in 2017.

Banks don’t want to be left far behind, with a report suggesting that they are using blockchain technology to come up with a real-time global network. Itau Unibanco Holding SA, Latin America’s biggest bank by market value, plans to start using Ripple’s blockchain technology soon, as does India’s IndusInd Bank. Crédit Agricole, a French bank, has already put the technology through a test phase.


Changes in Recent Times

The overseas money transfer market was predominantly the domain of banks and a few high street brokers until a couple of decades ago. This changed with the arrival of several FinTech companies that leveraged technology to make overseas fund transfers quicker and more cost-effective. Some of the leading players who helped changed the landscape include WorldFirst, TransferWise, CurrencyFair, and OFX.


The number of people travelling to foreign shores for work has increased considerably since the turn of the last century. Consequently, so have cross-border remittances. Data released by the Pew Research Centre suggests that remittances by migrants to their home countries have increased by around 300% since 2000. In 2016, migrants from different parts of the world sent over U.S. $570 billion to their home countries.


Blockchain Benefits

Blockchain technology holds the promise to make some positive changes in the world of overseas money transfers.

  • The cost factor. According to World Bank, overseas money transfers attract an average of 7% as fees.  The average cost of using a bank’s service is almost 11% whereas it is 5.3% if you turn to a FinTech money transfer company. What’s interesting to note is that transfers carried out by the FinTech companies still rely on banks on both ends of their transactions. Blockchain holds the potential to eliminate banks from the process, which can lead to further reduction in costs.
  • The time factor. When you carry out an overseas money transfer to a bank account, even through the top FinTech companies, it may still take days to process. However, transfers carried out using blockchain can go through in real time.
  • Enhanced security. Blockchain can make overseas funds transfers more secure. Banks and money transfer companies operate in a centralized manner, which makes their systems vulnerable to cyber attacks. Blockchain, on the other hand, is completely decentralized. Each transaction carried out using this technology comes with its own unique entry in a digital ledger that is impossible to fudge.
  • Increased Accessibility. There are several parts of Africa, Asia, and South America where people have easier access to mobile phones than conventional banking systems. By going the mobile payments route, blockchain holds the potential to make overseas money transfers easily accessible in areas that remain under-banked.


Probable Shortcomings

While there are shortcomings in how blockchain technology is put to use in the current day scenario, these should be effectively addressed with the passing of time.

  • Learning curve. For anyone new to the world of cryptocurrencies, cash- and card-based transactions are way easier to understand. In addition, while you can find companies that carry out transfers in fiat currencies by using a cryptocurrency as a go-between, the process becomes more cost effective if you do it on your own.
  • Currency conversion happens twice. A cryptocurrency transfer in today’s world might expose you to currency conversion twice.  For instance, say you want to transfer a cryptocurrency from Germany to the U.S. You will first need to purchase the cryptocurrency using euros, and the recipient will then have to exchange the transferred cryptocurrency for U.S. dollars. This is not so much a problem if the sender and the recipient use the same cryptocurrency, and it should not remain a concern when the use of cryptocurrencies becomes more prevalent.
  • Speed. An overseas cryptocurrency transfer can go through almost straight away, although this depends on whether you are carrying out the transfer on your own or using a service provider. An existing downside is when a fiat currency is involved at either end of the transfer. In such a scenario, a banking institution becomes involved in the process, thereby adding to its processing time.



The collaboration between Ripple and some of the top overseas money transfer companies goes to show that blockchain holds promise. However, we have to wait and watch to determine if the technology will take the industry by storm, or if its effect will limit to a ripple.

The 7 Psychological Pitfalls of Investing

Are you overly anxious and panicked when the markets are volatile? Or overly optimistic that everything will turn out fine?


Both reactions are natural parts of your psychological makeup, but did you know they can impede progress towards your investment goals?


Unless you have been living in a 1:1 brick room for the last year, you are aware that marijuana stocks have dominated the Canadian investment scene of late. Aurora Cannabis and Canopy Growth are two companies that have been leading the charge.


A friend of mine, who was fortunate enough to buy shares of Aurora at $2, recently asked if it was a good time to cash out his earnings. This was when Aurora was trading at is all-time high of $15.


The conversation that immediately followed perfectly illustrated some of the psychological pitfalls people commit when it comes to investing their own money:


“Should I sell?”

“You’re up 700% on your initial investment, what more do you want?”

“But what if it keeps going up?”

“Then don’t sell it!”

“Yea, but then what if it goes down!?”


Every investor has or will have this conversation at least once in their lifetime. The bad news? None of us hold any control over the financial markets. Warren Buffet himself can’t predict with certainty if a stock will go up, down, or sideways. The good news? You can at least exert some control over your psychological responses. 


These are the seven psychological pitfalls of investing – and how you can avoid them.


  1. Optimism

“My brother-in-law said his best friend’s cousin heard from his neighbour that this penny stock will go to the moon, there is no way I can lose!”


People tend to overestimate the likelihood of positive results on everything from the weather to investing. This psychological bias explains why people are so often disappointed by their investment performance – they simply felt they would do better.

If you base your financial goals on unrealistic investment returns, you will almost certainly overshoot your expected retirement date, projected retirement income, or estate planning forecasts.


So how can you avoid this feeling of disappointment? By consciously compensating for your natural optimism. Some people are calibrated better than others, but studies indicate that if you feel there is a 99% chance of something happening, the actual odds are closer to 85%.


  1. Overconfidence

“Its trading at the all-time low, it’s impossible for it to go anywhere else but up!”


Another powerful psychological bias is overconfidence. Just as people tend to be overly optimistic about the probability for positive results, they also tend to be overconfident about their own talents. Many investors think that they can “outsmart the market” – and control unpredictable events such as stock market volatility.


This leads to the most common pitfalls of investing – market timing. Confident in their own abilities, many investors try to time the market so that they always buy at the lowest low and sell at the highest high – despite the fact that not even the world’s most accomplished hedge fund managers can do this consistently.


Recognizing overconfidence is the first step towards dealing with it. Be honest about your abilities, and if you find yourself falling into traps such as market timing, take a step back and rethink your approach.


  1. Hindsight

“I was going to buy Aurora at $0.40 but didn’t. Now it’s trading at $12. I knew this would happen! I knew I should have bought it!”


If I had a penny for every time I heard that, I’d have twenty dollars in my pocket. Hindsight is the tendency to be knowledgeable about an event only after the fact. It’s pretending you knew something would happen all along– even though you didn’t. Hindsight can lead you to believe that events are far more predictable than they really are, raising unrealistic expectations about how well your investments will perform.


If you find yourself confidently declaring that you “knew it all along”, ask yourself whether you really did. As with optimism and over confidence, you may have to consciously compensate for hindsight.


  1. Obsession

“I need to click the refresh button just one…more…time”


Do you follow the performance of your investments minute-by-minute on BNN or the Internet? Do you dwell on short-term changes in the market value of your investments? Do you fixate on the negative performance of a single investment, even when your overall portfolio is doing well? These can all be signs of obsessive behavior commonly displayed by investors.


Take a step back and look at the big picture. Are you on track to achieving your longer-term goals? Are you comfortable with the level of investment risk in your portfolio? If not, you may have to make adjustments to stop obsessing about short-term events.


  1. Denial

“Blackberry is going to bounce back. It has to!”


When stock markets go down, investors can sometimes panic and sell what is still fundamentally a good investment. The flipside of this is denial – when investors continue to hold an investment that has gone bad, thinking it will eventually come back.


It can be hard, but when an investment has fundamentally deteriorated, it may be time to sell. Having an investment discipline in place with specific, rational criteria for buying and selling can help you overcome this tendency.


  1. Greed

“I just need Tron to go from $0.02 to $1.00 and I’m rich!”


The desire to “get rich quick” compels many investors to take bigger risks than they should, such as investing too much in a single investment. When the risk doesn’t pay off, it can jeopardize their financial security. That doesn’t mean you should never take on risk – it’s a healthy part of investing.


The key is to take well-calculated risks within a properly diversified investment portfolio, which is designed with your personal risk tolerance in mind. That way, when the occasional big play doesn’t pay off, the impact is mitigated by the other investments in your portfolio.


  1. Herd instinct

“Debra from Accounting just bought pot stocks, I need to buy some too! FOMO!”


When we see other people doing something, we tend to think it must be a good thing and should therefore do it too. This “herd instinct” is often behind many of the sharp ups and downs in the financial markets. When other people are buying and propelling the market upwards, we buy too, which in turn sends the market soaring even higher. Similarly, when other people sell in a panic and send the market spiraling downwards, we sell too, fueling the decline.


Unfortunately, this often results in buying at the height of the market euphoria and selling close to the depths of the panic. Instead of following the herd, follow a disciplined investment strategy based on logic and reason. Stop trying to chase the markets! You will lose every time.


Successful investing over the long term is less about how the markets are doing than how we react to what the markets are doing. Unfortunately, many of our natural psychological reactions – like denial, panic or greed – can impede our long-term success.


Taking a disciplined approach that removes the emotions and guesswork from investing can help you avoid these psychological pitfalls.

This is a guest post by Ramsey Melhem, an Investment Advisor with RBC Dominion Securities

What to Consider When Buying US Property?

Canadian property investors looking south may find merit in the US property market. According to Forbes, 2017 was a bumper year for the US property market. Home prices are continuing to rise, and inventories are declining. This indicates a sellers’ market is on the cards. Snowbirds from Canada looking for a real estate investment south of The Great White North will find that the US property market offers many worthwhile investments. Of course, the decision to invest valuable CAD into the US property market is not one to be taken lightly. There are many considerations which need to be factored into the equation, not least of which are the following:

  • Job growth prospects
  • Real estate appreciation over time
  • Interest rates and their impact on mortgages

National housing demand increased sharply after 2009 when prices plunged, and homes became affordable. However, since 2015 there has been a slump in national house demand. One of the most notable trends in the US market has been the gradual increase in interest rates since December 2015. Presently, the Federal Funds Rate (FFR) is 1.50% – 1.75%. This figure is sharply higher than the interest rates following the global financial crisis when the Fed slashed rates close to zero.

The next meeting of the Fed FOMC is on June 13, 2018, and there is a 99.5% likelihood of the Fed increasing interest rates by 25 basis points in the region of 1.75% – 2.00%. This is important for several reasons. Firstly, the cost of financing mortgage loans will increase as the interest rate continues its upward trajectory. This increases the urgency of purchasing real estate for investment purposes. As a Canadian investor, there are several important points to bear in mind:

  • Las Vegas, Nevada, Fort Worth Texas, Sacramento California, and Ogden Utah showed double-digit increases in home prices in 2017
  • Minneapolis Minnesota, Darren North Carolina, Portland Maine, Boston Massachusetts, and Columbus Ohio enjoyed 8% home price increases in 2017
  • Job Growth rate increases were strongest in cities like Durham North Carolina (3%) Las Vegas Nevada (2.6%), Ogden Utah (2.7%), Fort Worth Texas (2.7%), and Grand Rapids Michigan (2.3%).
  • Home price versus income price differentials were strongest in Minneapolis Minnesota (5%), Sacramento California (15%), Ogden Utah (12%), Portland Maine (9%), Fort Worth Texas (7%), and Boston Massachusetts (7%).
  • Washington state reported a 12.1% increase in house prices over Q1 2017.

There are many considerations for Canadian investors to bear in mind, notably: Is it better to invest in US real estate or to have the money sitting in a bank account in Canada? What type of rental income is possible with US real estate? Is it worthwhile investing in low real estate growth states like Washington and North Carolina?

A quick glimpse at North Carolina

The top 5 appreciating North Carolina cities over the past 18 years include: Topsail Beach, Asheville, Eure, Hot Springs, and Kure Beach. The median home value in North Carolina is $163,134, and there are an estimated 3.8 million homes and apartments available in the state. It’s interesting to point out that just 34.94% of homes are priced higher than $224,001. The other 65.06% are $224,000 or less. Other points to consider include How much you’re likely to spend on insurance services with North Carolina providers? Given that home prices are significantly cheaper, home warranty costs and home insurance costs should be less.

A quick glimpse at Washington

Fortunately, the stats are pointing to increasing real estate prices in states like Washington.  For example, the state-wide median sales price has increased to $324,300 in Q1– substantially higher than the same period a year ago. It’s not only about buying a home in the US that’s important to Canadian investors, it’s the ability to maintain the home, and protect the property externally and internally. Home insurance is mandatory with mortgages. In Washington state for example, Washington providers of home warranties are another consideration that must be factored into the equation.

These home warranties are used to protect the systems and appliances in homes. Canadian investors who are not on the West Coast of Canada (and further away from WA state for example) will find these to be useful ‘insurance’ against the inevitable wear and tear on home systems and appliances. All in all, there is merit to be had in investing in US real estate, provided that it is in the right location, there are significant job growth prospects, and median home prices are increasing across the state. Several other considerations must be factored in, such as the impact of rising interest rates on mortgage approvals, and how that may impact the rental market.

What’s Going On With Facebook?

For a while now, Facebook has been one of the hottest ‘buys’ on the market. Just 5 years ago the stock sold for $27.77 and reached it’s peak with a high 52-week range at $192.32. For any investor that was lucky enough to hold their equity from the inception of Facebook IPO back in 2012 has seen a 400% return to date.

Just 2 months ago, analysts were raving about Facebook’s 2 billion monthly users, which were estimated to bring in $6 each, adding to their already large revenue. They overcame problems like saturation and a small mobile presence by none other than the brilliant innovative mind of CEO Mark Zuckerberg. Again, just 2 months ago analysts were predicting incredible EPS growth and an increase in generated revenue. The steady, yet somewhat fast growth led many to recommend bullish investments in the Facebook stock. However, some people are changing their mind with recent scandals and negative media presence. If you haven’t heard about the data breach, we highly recommend utilizing an online stock trading software that won’t only help you manage accounts, but also provide you with real-time stock market information. If your broker doesn’t provide this service yet, you might want to find one who does.

In recent days, Facebook has experienced somewhat of a hit as their stock price has dropped 6.8% and then another 2.5%. The first loss was it’s greatest single loss in four years, so it was bound to shake up investors. Access to online trading platforms will provide you with the intricate charts and real-time streaming quotes gives you the immediate information on what’s happening with your owned stocks or stocks on your watch list.

Apparently what happened is that personal data of about 50 million Facebook using Americans were unethically shared with political purpose. The sharing of this data with third parties was in fact put in the policies that you have to read and sign off on before becoming a Facebook user. However, Zuckerberg released a statement saying there was “a breach of trust between Facebook and the people who share their data with us and expect us to protect it.” He added, “we have a responsibility to protect your data, and if we can’t then we don’t deserve to serve you. We also made mistakes, there’s more to do, and we need to step up and do it.”


Some people are arguing that this scandal is going to be the first of many large ones with Facebook, a company too big to control so much data. Other analysts are calling this a perfect time to buy. If you’re looking at it strictly number wise, Facebook’s financials are doing just fine. In that case why wouldn’t you buy when everyone else is selling? Trading volume was high at 246% of normal on the day the stock dropped by a whopping 6.8% and was followed up by a trading day of 367% the day when Facebook continued to drop another 2.5%.


Investments can’t be based simply on numbers. It might sound like the logical way to risk your money, but in reality, it’s all about how you feel towards a company. Facebook has done incredibly well since its inception, is it worth writing them off for this scandal? You can follow Facebook and the news regarding its stock price more closely with online stock trading software. Ask your broker if they provide a customized platform like Etna. This highly advanced software will provide you will up to date price alerts, live interactive charts, cross browser access, and lightening fast trading capabilities.


Investing opportunities within the stock market can be very lucrative if you’re smart and lucky. Before doing anything, you should do extensive research on the company as well as recent market trends.

What Is Iota?

Iota is a relatively new virtual currency launched in 2015 that is often said to be reinventing the Internet of Things (IoT), and widening the range of applications for blockchain technology. The number of connected devices worldwide is increasing exponentially, and is expected to reach a figure of around 50 billion within the next decade. In the context of this rapid expansion in connectivity, Iota offers new opportunities for interoperability and resource sharing that will power a host of new B2B models.


Iota is at the core of the new machine-to-machine economy. It is the cryptocurrency of the IoT based on a new innovation called Tangle, which gives it 4 main advantages over other digital currencies: Iota is free, scalable, decentralised and modular.


Iota doesn’t use blockchain in the same way as other cryptocurrencies like Bitcoin, as there is essentially no block and no chain. Tangle, the technology underpinning the Iota system, is an entirely new data structure based on the Directed Acyclic Graph (DAG) approach.


As the Iota white paper explains, “the main idea of Tangle is the following: to issue a transaction, users must work to approve other transactions. Therefore, users who issue a transaction are contributing to the network’s security”.


If there is no mining process to validate transactions, there are no associated fees. With Iota, the users themselves are the ones validating the transactions, rather than miners of other cryptocurrencies who are operating, but not using, the system. It’s also easier to scale, as the higher the number of Iota system users, the faster the system works. Iota seems to have overcome a fundamental drawback of the Bitcoin economy – the more users there are of the world’s leading altcoin, the slower the system becomes.


To sum it up in simple terms, Iota isn’t based on a “traditional” blockchain, since there is no block, no mining, no transaction fees and because there is effectively infinite scalability. Iota isn’t only a currency, but a protocol used across the IoT to enable the new machine economy.

Most cryptocurrencies trading brokers worldwide provide opportunities on Iota, Bitcoin, Ethereum, and other altcoins, making it easy for novice traders and experienced investors alike to open positions on the world’s leading cryptocurrencies. However, using a first-class broker like will give you a competitive advantage over other traders, since you will enjoy instant access to all the latest trading innovations, plus some of the industry’s most advanced and professional tools.

Where will bitcoin go in the future?

Bitcoins recent price increase has many people excited and some others worried. With anything that goes up, it must come down a bit. A correction is needed although some people say that the correction happened when the price went from $11,600 to $9800 but it went right back. It is currently hovering around $11,944, giving it a market cap of $199.7 billion. In just a span of 8 years, it has done wonders and it is primarily because of its decentralization. Satoshi Nakamoto, the creator of Bitcoin decided that no one is going to own the technology and currency. He made it an open source project with the ability for anyone to fork it and create their own vision of Bitcoin, without interfering with its own Bitcoin network. However, the future of Bitcoin is still looking like it will do very well, compared to what people think.

Recent Price Rise

The price of Bitcoin has gone parabolic recently and this is due to a lot of people realizing what bitcoin is, along with some people having a fear of missing out (FOMO). Even though it is pretty volatile, it has been doing better recently as far as being more stable. Bitcoin is still considered very outdated, slow, with high fees compared to other currency coins that are meant to transfer value. With all that taken into effect, along with the price being so high, many people are thinking of Bitcoin being the next store of value, just like gold. The reason why the price is going up has a lot to do with the it being the first cryptocurrency along with its branding.


Investments money into bitcoin

With the $200 billion it is currently valued at, many of them came from people’s pockets rather than investments. This means that people will start looking into liquidating from the stock market to put more into cryptocurrencies. Tom Lee, the co-founder of FundStrat Global Advisor said even if 5% of all gold was sold to buy into Bitcoin, Bitcoin can go up to over $25,000.

  • Gold 2.0: With investors being happy that Bitcoin is being considered as Gold 2.0 along with the high returns it is giving, Bitcoins future looks optimistic. Some millennials even prefer Bitcoin over Gold as a store of value.


Future of Currencies

The future of currency seems like the people are getting power and control over their own money again. Cryptocurrency is challenging the way greedy banks work which is why many bank executives are against it. Bitcoin gives you the freedom of controlling your money, storing your money, where and how to spend your money. It is also going to be easier to purchase something internationally without the need to exchange your currency to the local currency. Some people always feared the one world currency but it doesn’t seem like it is bad thing. Once more adoption takes place, there will be better more leniency. A lot of people also fear these digital currencies because they’re the only form of money that is intangible. You cannot see it, feel it, or smell it which is everything that made cash a form of payment method we loved.

Author Bio:


Alex M.


Alex has been very deep in the cryptocurrency space for the last 3 years soaking in everything there is to know. With such a new industry popping up, Alex is constantly sharing about the latest news and updates in cryptocurrencies on CoinPupil. To learn more about him and his work, read here.

Analytics That All Business Owners Need To Take Into Consideration

As you likely already know, your business is your lifeline. If your business flatlines, there is a good chance that you’re going to be out of work and you’re going to struggle to stay afloat. This is why it is absolutely pertinent to go above and beyond to keep your business in good shape. Unfortunately, running a business can be far more difficult than you could ever imagine. Utilizing data to your benefit is highly recommended and it could help you avoid going bankruptcy prematurely. Below, you’ll learn about important analytics that should not be ignored.

Predictive Sales

All businesses need to inflate their sales, in order to generate more revenue. Additional revenue will allow you to live a better life, while also giving you more room to expand and grow your business. This is why you should consider utilizing predictive sales analytics to your advance. This information will give you an idea of your sales forecast. You can also utilize this information to determine how to improve your sales in the near future. This specific analytic is absolutely pertinent for your business. It can be a useful tool for aiding your growth, while also giving you additional peace of mind.

Client Profitability

While you’re at it, you should realize that some clients will make you money, while other will lose you money. It is in your best interest to focus on the clients that help you make the most. In most cases, a lot of businesses will have 20% of their customers making money, while they’ll lose money on the remaining clients. Knowing which clients are making you the most money is best. This is one of the most important financial analytics for any modern business. Cater to those profitable clients, so they’ll continue returning time and time again.

Product Profitability

It is absolutely vital to know whether or not your products are going to be profitable. How much money can you spend marketing a specific product in advance? Knowing how profitable the product is going to be in the long run can help. If the product has the potential to be enormously profitable, you should throw more money into your marketing campaign and vice versa. This is where product profitability analytics enter the picture. Utilize this information to help you determine the overall profitability for your products, so you can maximize your marketing campaign.

Cash Flow

Finally, you should know that you can utilize analytics to determine your company’s potential cash flow in the near future. Without a steady cash flow, your company is going to run into big trouble. You need to know precisely how much money you’re going to be able to utilize from month to month. The only way to figure that out is by knowing how much you’re making and how much you’re spending. By figuring out specifically what your possible cash flow is going to be, you’ll be able to put together a budget for the future. This will allow you to get the most out of your money, while also ensuring that you do not overspend.

Hiring a Real Estate Agent – How to Get More Bang for Your Buck

What is an estate agent?

An Estate agent works independently or with an agency. They specialise in the sales and letting of a property. These may be residential or commercial properties and land. They negotiate on behalf of their clients.

They study the property – its size, location, condition, etc., then compare it with the commensurate properties in the area and value it. Then they pitch them to a prospective tenant or buyer to get the best price for the client.

How to search them

Inquire with your friends, family and acquaintances to get a personal recommendation. Or expand your search by consulting the yellow pages offline and online. A real estate agent should have a license and register with the local authorities as they deal in a costly commodity, i.e., someone’s property.

They should have the prescribed education and training (covering sales, customer service and public relations) besides a good knowledge of local property market. The education qualifies them to conduct a full survey and valuation of properties. They should also have a good network to know which properties are on the market to show you the best options.

What do estate agents do?

They facilitate the complete process from the time the property goes on the market till it is sold or rented. They are involved in every step of the way as they liaison with clients to market the properties. They try to maximise the sale or rent for the landlord while getting the best for the tenant.


They visit the landlords and value their properties. Then draw up a list of commensurate properties as a part of their database. They handle the enquiries from potential clients and promote sales by producing brochures, reports, etc. They arrange the appointments for viewing these properties and share the feedback.


These feedbacks are used to negotiate the price or rent of the property. They usually have an in-house lawyer who manages the sale, mortgage or lease license for the said property. Besides handling the disposal and acquisition of properties and concerned documentation the estate agent may also handle auction sales.


To get the most out of your estate agent

Study your requirement and pen it down. Find yourself an estate agent and tell if you want to buy, sell or rent property. If you want to sell or rent out – invite the estate agent to value your property. Consider the suggestions they make to enhance the sale or letting. Inform them of the kind of people you would like to sell or let out to – such as companies or individuals. State your expectation and their commission.


If you are looking to buy a property or a tenancy, share the requirements list and your price range or budget. Go over their database, discuss the pros and cons of these properties. Then shortlist them to view them with the agent. Consider their opinion but make your own observations and decisions.


Last but not the least, after you have sold or selected the property to rent discuss the legal details and payment procedure. If you have rented, then the landlords accept monthly direct debits or cheques against a deposit and leave license. In both the cases, the agent earns a commission from both the parties.


About the Author:

Elena is a lover-of books, mom, and a resident content writer at Luxury Villas Malta. When she’s not hiking and traveling, she works as an educator, where she gets to share her love for great books and writing with her students and fellow teachers.

What Is the Dax 30 Index?

The DAX 30 Index is one of the most significant indices in Germany. Also known as the Deutscher Aktienindex, it consists of stocks in 30 leading German blue-chip companies traded on the Frankfurt Stock Exchange.

The CFD broker UFX allows you to trade a variety of asset classes, including currencies, ETFs, stocks, and commodities, as well as indices like the DAX 30. When trading indices online, it’s important to stay updated on the market performance of a wide range of assets, particularly the individual stocks listed on those indices, because price changes can affect their overall strength or weakness.


The top 5 companies listed on the DAX 30 are Bayer, BASF, Siemens, SAP, and Allianz. Together, they make up over 43% of the index’s value. When opening a position on the DAX, smart traders keep a close eye on the performance of these companies, as well as the strength of the relevant industrial sectors, such as pharmaceuticals in the case of Bayer, and chemicals for BASF.


The base date for the DAX is 30th December 1987 and it was started from a base value of 1,000. The DAX is a “capitalisation-weighted” index or a “market value-weighted index,” which means its component stocks are measured according to their total market capitalisation. In other words, the more important stocks account for a larger part of the total value of the index.


For a company to be included in the DAX, it must be listed on the Prime Standard of the Frankfurt Stock Exchange. As stated on the Deutsche Böerse website, “The Prime Standard is a segment of the Regulated Market with additional admission follow-up duties. The admission conditions and the individual follow-up duties are set out in the Exchange Rules for FWB® the Frankfurt Stock Exchange.” Among the admission criteria are requirements that the company possess an approved security prospectus, a reported history of over 3 years, floating of shares valued at a total of at least €1.25 million, a total of at least 10,000 shares to trade and a free-float of at least 25% of the total issue.


The DAX tends to react to news, political events, and economic changes, particularly European-based. Because of this, it’s important for traders to stay up to date on news and the economy. Brokers like UFX help keep their clients informed in real time.