Group items tagged

Often at the start of a new year, one of our most popular resolutions is to become more financially stable and responsible. Overspending and overextending ourselves often comes from a place of lack and not feeling as if we have enough. It is an emotional issue as much as a material one. Sometimes we feel as if by controlling and increasing the material volume of lives, we feel more abundant. Not only is this not true, it has the opposite effect. The more we spend our money in non-constructive ways, the worse we feel and the more we spend to feel better. Vicious cycle much? Money is a deeply personal subject and financial circumstances vary greatly from individual to individual and family to family. There are no one-size fits all rules regarding money but there are some general tips that work well for most people. For more useful reference: http://corlissonlinegroup.com/ http://corlissmag.livejournal.com/ https://foursquare.com/corlissgroupmag

A study last year by the department for business revealed that - finally - more women are taking the plunge and launching their own businesses. The number is still pretty low - just nineteen per cent of SMEs are female-led, according to the study, but, more encouragingly, a quarter of new businesses - two to three years old - were formed by women. I was fortunate enough to speak at an all-female business event held by the New Entrepreneurs Foundation last week to drive more women to apply for its new programme, which got me really thinking about how we can encourage more women to choose the enterprise path, like I did. Something Anne Marie Morris MP mentioned in her speech really brought it home - women-led businesses contribute £70 billion to the UK economy. That is surely too significant a figure to ignore?!

"It will be very painful and even feel like cutting one's wrist." So predicted Li Keqiang, China's premier, as he discussed the task ahead of him during his first press conference last March. Not the most inviting prospect for investors looking to make a play on China. But they should certainly take heed of these words. Li is the man who, together with president Xi Jinping, must lead a reform programme regarded by analysts as the most fundamental in decades. It will affect almost every part of an economy worth $9.4tn (Britain's annual output, for comparison, is $2.4tn). So what are these reforms? And why does China's new leader think that their implementation will be so painful? There are three key areas which investors should note.

Do you can see it coming? The return on 10-year U.S. Treasuries skyrockets, the S&P 500 remains down for 9 out of the last 11 trading days and disturbing economic reports pour in from all throughout the globe. The much expected "financial correction" approaches rapidly, and investors start heading for the exits. We have not experienced so many foreboding financial signs all converge at one time like this since just before the last major financial disaster. It appears as though a "perfect storm" is brewing, and so much "smart money" has already abandoned stocks and bonds. Could we possibly be headed toward another frightening financial crisis? Will we see a replay of 2008 or prospectively an even worse crisis? Naturally, so many people believe that we will never again experience another major financial catastrophe like the one in 2008. So many people think that this kind of "doom and gloom" talk is idiotic. Those types of people are those who did not see the last financial crash coming and who choose not to prepare for the coming one in spite of the extremely clear warning signs. Let us expect the best; but let us also get ready for the worst - and, right now, things do not look bright at all. The following 18 signs give strong support that global financial markets are headed toward a horrendous death spiral...

There are two types of shares, ordinary shares and preference shares. * Ordinary shares are the most familiar type of shares and have flexible dividends (dividends that are adjusted in relation to a company's profit). These shares also allow full voting rights. * Preferred shares carry fixed dividends, which must be paid before any dividends are paid to ordinary shareholders. However, preferred shares do not allow voting rights. Remember that when dealing with shares in the stock market as we know it, it will practically always be involving ordinary shares and this should not be a very big issue!

What is a stock dividend? A stock dividend is the payment a trader obtains from the company he/she is presently investing in. The company pays the dividend from the earning it acquired within its financial year. Hence, if the company does not make a profit, dividends are not likely to be given to the investor. The dividend is generally paid in two parts, an interim and a final dividend. This means an investor who has shares in a company for one year; he or she will ordinarily obtain two lump sum payments annually (most often as cash payments). To collect a dividend, you must have the stock before the ex-dividend date. The dividend is given to the investor on the payment schedule set by each individual company. The dates can be obtained from a company's official website in the investor relations section.

Reasonable, convenient PayPal commercial loans can now be availed of, thanks to alternative business lender, BusinessCashAdvanceGuru.Com. Small companies can be eligible to loans from $5,000 to $500,000 with interest rates as low as only 1.9 percent with no accompanying credit investigation. Small commercial lending has dropped significantly from the Great Recession. All over the country, small-sized businesses are now discovering working funds, business loans, and expansion capital as difficult to acquire. "Forty-five percent of the 515 business-people who joined the advocacy group's survey said availability of loans and credit at affordable rates is a hurdle for their companies. Access to funds was most hard in the Northeast, where 53 percent of the owners said it was difficult to obtain. In the West, 49 percent considered it a major obstacle, followed by 44 percent in the South and 37 percent in the Midwest," reported the Seattle Post Intelligencer.

With the help of short term bad credit loans for bad creditor borrowers can easily cover their basic requirements. This loan plan is especially designed to help poor creditors. The best part of this loan plan is that it does not demand any fee or collateral from the borrowers. By taking instant cash via emergency these loans, you can easily apply small financial needs without any hassle.

McAfee report paints grim picture of lucrative industry, despite incomplete data. Cybercrime could be costing the global economy as much as $575 billion annually, according to a new report from McAfee. The Intel-owned security company based its estimate on a range of sources, from government agencies to NGOs and academic institutions, counting both direct and indirect costs. The report, Estimating the Global Cost of Cybercrime explained the methodology as follows: "This study assumes that the cost of cybercrime is a constant share of national income, adjusted for levels of development. We calculated the likely global cost by looking at publically available data from individual countries, buttressed by interviews with government officials and experts. We looked for confirming evidence for these numbers by looking at data on IP theft, fraud, or recovery costs. In addition to a mass of anecdotes, we ultimately found aggregate data for 51 countries in all regions of the world who account for 80% of global income. We used this data to estimate the global cost, adjusting for differences among regions." However, the vendor cautioned that "differences in the thoroughness of national accounting", as well as underreporting of incidents and the difficulty of valuing IP all make calculations an imprecise art. High income countries lost more as a percentage of GDP, which could be because they have better accounting systems in place and/or that their IP is more valuable and therefore a bigger target for criminals. The $575bn figure therefore comes from extrapolating a global total from high loss countries. It could be as low as $375bn if McAfee had extrapolated from "all countries where we could find open source data".

The World Bank's most recent Global Economic Prospects (GEP) report, released this week, says a global economic recovery is underway, underpinned by strengthening output and demand in high-income countries. Global GDP growth in 2014 will be 2.8 percent and it is expected to rise to about 4.2 percent by 2016, according to the report, which the World Bank publishes twice a year. Average GDP growth in developing countries has reached 4.8 percent in 2014, faster than in high-income countries but slower than in the boom period before the global financial and economic crisis of 2008. Demand side stimulus or supply side reforms? The global economic slowdown that struck in 2008 was caused by a financial crisis that resulted in large part from the bursting of an enormous, fraud-ridden mortgage lending bubble in the US. The crisis led to varying responses in different countries. The GEP report's authors said that in general, developing countries privileged demand stimulus policies over structural reforms during the past several years. For example, in 2008 to 2009, China implemented a four trillion-renminbi ($586 billion) stimulus program as a direct response to the slowdown in global trade caused by the global financial crisis. Critics pointed to over-investment in China as a risk to continued fast growth. The country is now struggling to contain a real estate bubble of its own. The World Bank wants China and other emerging countries to refocus on structural reforms. "A gradual tightening of fiscal policy and structural reforms are desirable to restore fiscal space depleted by the 2008 financial crisis," the bank's chief economist, Kaushik Basu, has said. "In brief, now is the time to prepare for the next crisis."

Large banks and trading firms are frantically trying to determine whether they have fallen victim to a suspected commodities fraud emanating from the giant Qingdao Port in northeast China. Citigroup and several other large Western banks are concerned that their loans may lack the appropriate collateral, big stockpiles of copper and aluminum at the port. The banks have inspectors on the ground who are trying to assess whether enough of the metals are there. The worry stems from suspicions that a Chinese companies pledged the same collateral for multiple loans. Chinese authorities are investigating the matter. The case could have broad repercussions for the commodities market and the Chinese economy. Banks have funneled billions of dollars into the Chinese economy through these murky transactions, and commodities prices have been falling over concerns that such lending will dry up. Western banks, including Citigroup, are bracing for any potential fallout. Just months ago, Citigroup fell victim to a multimillion-dollar fraud in Mexico. If the Qingdao developments harm the bank, regulators and shareholders are likely to press it to explain why its controls had failed again. Chinese companies are at risk, too.

Quick payday loans are the effective financial source to get small money to solve the unexpected urgency. It helps in paying all the unexpected expenses that are creating problem in one's life.