Key Points On Bitcoin Investment

Key Points On Bitcoin Investment

Key Points On Bitcoin Investment

If the idea of investing in cryptocurrency didn’t excite you before 2017, there’s a good chance it caught your attention last year. Bitcoin, in particular, had a sensational year, starting right around $1,000 in early January and skyrocketing to nearly $20,000 toward the end of the year. It would be easy to look at the cryptocurrency market and groan at the idea of having missed the train; then again, plenty of people are even now looking to hop aboard in the hopes that these bizarre digital currency alternatives just keep climbing.

I can’t tell you whether or not that’s a good idea. Frankly, no one can. Bitcoin and its fellow digital currencies are operating in uncharted territory, and while people can draw comparisons to the currency trade or to other valuable commodities, there’s not really any exact parallel that informs us as to where bitcoin will go from here. What I can do, however, is lay out some of the key points that should go into any decision or analysis of this kind of investment.

The 2017 Surge Is Over

The 2017 surge in bitcoin was quite something to behold, even if you aren’t really interested in investment patterns, cryptocurrency, or finance. It just isn’t the sort of thing that happens very often, and those who played it correctly were surely able to make a lot of money. However, it’s important not to get caught up now in what happened a few months ago. In late January bitcoin slipped below $11,000 with all major cryptocurrencies feeling the pressure. While it may yet start climbing again as it did before, this proves beyond doubt that bitcoin is volatile if nothing else.

The Spectrum Of Predictions Is Wide

Without touching on any specific advice from high profile people in the cryptocurrency and financial investment worlds, it’s important to point out that the spectrum of predictions for 2018 and beyond has been wide. Some would have you believe bitcoin is about to crash to the point that it’s essentially worthless; others see 2017 as nothing but a tease for far greater climbs to come. Seeking advice on this sort of thing is important, but be careful not to buy into the most outlandish predictions you see in either direction just yet, because there is bound to be a credible expert making the exact opposite prediction.

The Wallet You Choose Is Important

For those who haven’t bought bitcoin before, the idea of a wallet might seem like a secondary concern. In fact, it’s an extremely important aspect of the process. Bitcoin wallets store the digital keys you use to access your store of bitcoin online (because there’s no such thing as actually possessing physical bitcoins). It helps to think of them as bank accounts or investment portfolios full of cryptocurrency. These wallets come in five forms, and analyzing those forms (desktop, mobile, web, hardware, and paper) is as important as analyzing when to buy and sell. The different types of wallets offer different security perks, different levels of convenience and ease of use, and in some cases different fees for transactions.

Regulatory News Matters

People who are looking into investments like to research the different things that might influence what happens to those investments. It’s the only appropriate way to approach things, but it’s particularly tricky where bitcoin is concerned. Because cryptocurrency is new and to some degree experimental – not to mention fully digital and fully decentralized – it would almost seem to be free from influence. What we’re learning more and more, however, is that regulatory news matters. Bitcoin is for the most part not regulated around the world, but when news breaks of a major economy (such as Japan, recently) trying to restrict bitcoin in any way, prices can drop. It’s just something to keep in mind.

Bitcoin Has No Comparison

People seem to be very eager to compare bitcoin to other lucrative commodities from the past – most typically oil and gold. However, comparisons like these tend to be simplistic and ignore the reality that bitcoin is unlike anything we’ve ever seen before. As The Telegraph put it bluntly, bitcoin is not the new gold despite its “glittering” run to close out 2017. Oil has a practical use, and gold is a tangible resource that has literally been used to back currency. Bitcoin, by contrast, is entirely made up, with its value backed by little more than its own potential. It’s a brand new concept, and one without a comparison – for better or worse.

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Key Tips On How to Avoid Business Litigation

Facing business litigation can be expensive and stressful. It also can significantly impact your productivity. In fact, the potential costs including the attorney’s fees, court fees, and other related fees can be excessively higher than you expect. That’s why as business owners, part of your responsibilities is to ensure that your business is running smoothly without the possibility of getting involved in a lawsuit. Following are some Key Tips On How to Avoid Business Litigation:

Key Tips On How to Avoid Business Litigation

  1. Hire A Company Lawyer: Running your own business means regularly going over several legal considerations.
  • Getting a company attorney can help you operate your business in a legal sense. With all the legalities associated with managing a business, your attorney can advise you on what to do in certain situations.
  • For instance, if you’re dealing with business contracts, you can have these documents reviewed first by your lawyer before signing them. That way, you can be sure that your attorney is protecting your business interests at all times.
  • When you have the right lawyer for your company, you’ll also know how to handle your business in such a way that you’ll avoid litigations in the future.
  • However, looking for the appropriate attorney may not be easy. As a business owner, it’s best if you consider the attorney’s familiarity with the local customs and laws of the business you operate. Make sure to get a lawyer who has expertise in a particular field of law. Try to inquire about their years of experience in handling business litigations in the past. Doing so will help you determine the appropriateness of the attorney in your business.
  1. Maintain A Good Employer-Employee Relationship: In some cases, business litigations involve unresolved disputes regarding employers and employees.
  • Remember employees initiate most business litigations and terminated by their employers without due process. For that reason alone, there’s no doubt that your employees can bring severe problems to your business.
  • If you want to prevent litigations brought by your employees, make sure to treat them with dignity and respect. Give them what’s due for them, and they’ll surely work for you correctly.
  • Although you hire them to work for your business, managing them properly can improve your employer and employee relationship in the long run.
  • As much as possible, try to look for resources wherein you can provide staff training to your employees. The practices can be expensive, but these can also be considered as quality business investments because you’re giving your employees opportunities to enhance their skills and capabilities.
  • Training your staff well can decrease the likelihood of having problems with them in the future. When you have trustworthy employees working for your business, possible business litigation won’t likely happen.

More Key Tips On How to Avoid Business Litigation

  1. Preserve Records Of Everything: When you’re operating a business, documentation plays a vital role.
  • Take note that documents are essential to business operations, that’s why these shouldn’t be taken for granted. These records serve several purposes, and one of which is to bring these documents in court as pieces of evidence when you’re business is facing litigation.
  • In these type of situations, keeping records of everything can save your business from being sued in court. In fact, many disputes can be prevented when you’re able to present essential documents as quickly as possible.
  • That’s why you should make sure that you preserve your business records with utmost security. These materials may include business and employment contracts, correspondence and even telephone conversations and emails. If possible, take time to review your record retention policy is in place to ensure that all records about business operations are well-kept.
  1. Provide Exceptional Service: A business providing exceptional service to customers, business partners and suppliers can prevent you from facing potential business litigation.
  • When you know how to make your clients happy and satisfied at all times, you’ll unlikely find your business in litigation.
  • For instance, litigation will not occur if you actively communicate with your customers, business partners, and suppliers. Having an approachable team of customer service representatives can help your business address and resolve issues with your clients and vendors.
  • If you’re concerned about your business having a lawsuit against it, make sure that you don’t take any dispute for granted.

More Key Tips On How to Avoid Business Litigation

  1. Resolve Disputes Internally: There are instances where disputes arise within your business. It’s true; especially you have different people helping you in handling your operations. However, these circumstances can affect your business performance.
  • Disputes most likely happen when people freely express their various opinions and views on things.
  • Bear in mind that it’s important to resolve these conflicts as soon as possible within your means before they convert into a business litigation, which is a costly and time-consuming way of settling disputes.
  • In solving a dispute internally, it’s best if you conduct it in the presence of your company lawyer to ensure that you follow the legal procedures in dispute settlement.
  1. Provide Exceptional Service: A business providing exceptional service to customers, business partners and suppliers can prevent you from facing potential business litigation.
  • When you know how to make your clients happy and satisfied at all times, you’ll unlikely find your business in litigation.
  • For instance, litigation will not occur if you actively communicate with your customers, business partners, and suppliers. Having an approachable team of customer service representatives can help your business address and resolve issues with your clients and vendors.
  • If you’re concerned about your business having a lawsuit against it, make sure that you don’t take any dispute for granted.

There are several ways on how to avoid business litigation. Consider these tips, and they’ll eventually benefit your business in the long run. If you find speaking to an attorney helpful in this kind of situation, do it now. Bear in mind that your business’ continuity is assured when you’re mindful of the things you do.

Disclaimer: This content should only be used as general information about the key tips on how to avoid business litigation. It shouldn’t however, be taken as specific legal advice regarding the subject matter. If you want appropriate legal advice for your situation, seek for the services of a licensed attorney who specializes in business litigations.

Irene Wall

Irene Wall has been writing about law for more than a decade. She writes pieces on various law topics that she hopes could help the common reader with their concerns. She enjoys playing basketball with her sons during her free time

How to Reduce Funeral Costs

How to Reduce Funeral Costs

How to Reduce Funeral Costs

The sudden death of a person affects all family members. At such difficult times, they are also burdened with the need to make funeral arrangements for the deceased person. They have to make important decisions on where to bury their loved one and which funeral service to opt for. A funeral is an expensive event and any wrong decisions financially burden the family. It is quite easy to make costly mistakes when you’re going through the emotional turmoil. Here are some effective tips that will help you reduce funeral costs.

How to Reduce Funeral Costs: Compare Many Options

Look out for different funeral homes to conduct the final ceremony of your deceased family member. Go through the price list of multiple funeral homes to choose the right service. You do not necessarily need to choose the cheapest service for a funeral. Thorough research helps you get a good value for your money.

Also, you do not need to purchase the entire funeral package of a funeral home. Just choose the items and services you need in order to cut down on funeral costs.

It is recommended to get funeral insurance in your life so as to save your family from any financial problems. Check different funeral insurance plans and select the most suitable option. It will ensure that your family won’t have to worry about funeral arrangements.

Stick to Your Budget

If any of your close family members die, you may want to get the best products for their funeral. However, it isn’t a good idea to show off your love for the deceased one by purchasing expensive products. Set your budget and stick to it. Refrain from spending a large sum of money on funeral service, since it will only cause more stress for you.

Know Your Rights

Carry out some research to know about the laws regarding funeral and burial in your state. Many people spend hundreds of dollars on embalming the body, thinking it is legally required. However, there are no such laws and regulations. Moreover, the body of the deceased person won’t get damaged without embalming, if you intend to bury them soon after their death.

Get Less Expensive Merchandise

You’ll need many items to get done with a funeral ceremony, such as casket, grave liner, and burial vault. Choose less expensive items to keep funeral costs low. The casket is the most expensive item required for the burial. Funeral directors may try to manipulate you into buying an expensive casket. However, you can get a good quality product within a few thousand dollars. If you want to cremate the body, there is no need to purchase a casket.

Choose a Home Funeral

Many states in Australia allow you to conduct the entire funeral ceremony of a person at home. If you want to do it on your own instead of hiring professional services, you should get in touch with local authorities to know more about the legalities. Conducting the ceremony at home allows you to save costs and say a final goodbye to your close family member.


Selling Property Without Paying Commission

Selling Property Without Paying Commission

Selling your house and moving to a better house is always exciting and if you want it to stay the same, you may want to consider selling the house yourself. If you have sold houses before, you know that real estate commissions take up a significant chunk out of your profits. If you know the whole process of selling the house, you may want to keep your money to yourself by Selling Property Without Paying Commission.

Selling Property Without Paying Commission

The Good Side

If you chose not to sell your house through an agent, you will keep 6% or more of the sales price in your pocket. However, keep in mind that since you will not be working with an agent, you will have to show the house yourself as well as draw up the contract yourself. You can ask the buyer to add the agent’s commission to the sale price of the house and if you have allowed the buyer agents to show your FSBO property, make sure that you put the terms of the deal in the property flyer as well as in published documents. By also using a renowned online portal, will provide extra trust to the potential buyers, with sites like

Make sure that you tell your buyers that they are free to submit their offers via an agent, but they should add the agent’s commission to the offering price. If you do plan to take this route, it is recommended that you first negotiate the price with the buyer and then add the commission to the final offer.

If at any point, you have an issue, you can hire a fee-for-service brokerage firm. They will offer you services like listing your home, exposing your property, listing your house in a real estate magazine, and having an open house. You will only pat them for the services that you want but without the flat rate commission.

The Bad Side

Every coin has two sides, so it is important that you learn about the disadvantages as well. The first thing that you need to know is that you need to have a lot of skills to sell the house because you will be doing everything from staging the house to negotiating on your own. Since this would be your first time doing so, you should expect limited pool of buyers because most of the people prefer to work with a realtor.

In case you don’t find any buyers, you can add a sign on your digital as well as print ads that you will pay 2.5% commission to the buyer’s agent. This way you will be able to save money and at the same time sell your house at a great price.

In addition to this, since you will be on your own, you may have difficulty setting the listing price, because more often than not, online calculators don’t give you the right estimate. One smart way to go about would be to get an appraiser so that they can value your home correctly. If you are still unsure about how to proceed, have a look at

So, now you know the good side and the bad side of selling your house without a commission. We hope that these tips help you out. Good luck!

How Online Conveyancing Is Changing the Property Transaction Game Forever

How Online Conveyancing Is Changing the Property Transaction Game Forever

How Online Conveyancing Is Changing the Property Transaction Game Forever

From groceries to makeup, everyone is stepping into the virtual world of the internet when it comes to shopping. From booking online doctor’s appointments to paying taxes on the car, everything is going digital. Real estate property hasn’t stayed behind in the quest either. More and more sellers are putting up their houses for sale online, hoping to meet buyers via a larger platform. Following this trend, solicitors too have stepped onboard and are now making legal transactions easier and faster with online conveyancing. Here’s How Online Conveyancing Is Changing the Property Transaction Game Forever.

How Online Conveyancing Is Changing the Property Transaction Game Forever. Is it safe?

This query is understandable since it isn’t a few thousand dollars we are talking about. For most people, houses are lifetime investments. With the internet full of scammers, hackers, and spammers, it is very natural for anyone to feel scared when transferring money online. However, you can cast off this fear easily when working with legitimate and well-reputed private solicitors or solicitors firms such as MyPlace Conveyancing. In fact, online conveyancing has become much safer as compared to traditional or in-person conveyancing. How? Because any local solicitor will have low-security measures in place whereas online conveyancing is highly guarded by smart security measures in place.

Not to mention, online conveyancing is much easier and involves a 4-step procedure that requires little to no effort from the vendor.

  1. The first step involves finding a solicitor and instructing them to handle your transfer
  2. Once an agreement is made, the conveyancer will send you the forms to be filled out regarding property checks and searches. In case, there are any issues with the form filling, the conveyancer will help sort them out.
  3. After everything is sorted out, your filled forms will be reviewed by you and the solicitor.
  4. The vendor can then instruct the conveyancer to exchange the sale contract and wait for the completion date.

Coming back to the advantages of online conveyancing over in-person conveyancing, let’s take a look at them in depth.

Faster Dealings

There are many time-consuming steps when working with an offline conveyancer. The paper settlement can take up to weeks, requiring frequent visits and calls from the vendor to the handler. Online conveyancing vendors can complete the same process in lesser time without the need for meetings and phone calls.

Decreased costs

The overall cost of the settlement is reduced as there are no settlement agents involved. The conveyancer and the vendor also don’t have to pay for settlement venues, courier services or purchase any bank cheques. Eliminating these costs leave the vendor with an additional £150-£200/transaction in his/her bank.


Everyone who has dealt with property knows that it involves a ton of paperwork. When using online conveyancing services, the process becomes a lot simpler. There isn’t an excessive amount of documentation invoked which is in favour of both the vendor and the conveyancer. Documents are also signed digitally which means that conveyancers don’t have to stop by for a few signatures every now and then.


There is less room for error when working with online conveyancers. Printing electronically makes it easier to keep and maintain any records and receipts. This gives vendors an added piece of mind.

Timely Notifications

Thanks to online Conveyancing, sellers don’t have to constantly stay stressed about their transactions. Theyrecceivce updates via texts and emails. This way, the vendors feel in the loop without needing a physical presence at the settlement. The solicitors keep the vendors updated about and progress and also about any issues that need addressing.

7 Useful Moving Tips for a Perfect Move

For most of us, moving represents so much more than a mere change in address.  Moving often accompanies a change in one’s life—from graduation, marriage, a new job or professional opportunity to divorce or personal loss.

And if you are moving with your family, there may be many details to take care of—from finding new schools and pediatricians to helping your children adjust to a new community and new friends. All of this tends to add stress (often positive stress) to the moving process.
It’s therefore important to make sure that your moving process goes as smoothly as stress-free as possible so that your energy can go into creating your new home and adjusting to your community.

Here is a list of the best tips for moving that will save you hours of work and days of unnecessary stress, and allow you and your family to enjoy your new home as quickly as possible.

1)   Carefully Select a Moving Company you can Trust.

More than anything else, the quality of your move will be determined by the integrity and efficiency of your moving company.

·         How well they protect your precious possessions;
·         How courteous and helpful they are when interacting with you and your family on moving day;
·         How well they keep to the promised dates and move-out/move-in schedules;
·         How experienced and knowledgeable their movers are, and finally;
·         How ethical they are regarding their fees
All the above factors are critical to your having a great move. When making your final decision on a moving company, do not necessarily base your decision on which mover gave the least expensive quote. Check out references and reviews, call the better business bureau, and speak to friends and family who have recently moved. Once the mover you have selected gives you a contract, read through the entire contract carefully and make sure there are no additional fees, and that everything you were promised by the moving company’s salesman is in writing.

2)   Plan ahead before embarking upon packing.


You need a packing strategy. The more you plan your packing on paper and the more time you give yourself to complete the process, the less likely you are to feel overwhelmed and go into what I call packaging panic mode!
Here are some steps to take, questions to ask, and factors to consider during the packaging planning process.

A)     Decide whether you will be packing yourself, or whether you will want to hire your movers to pack for you. Your answer will most likely be based upon a combination of money and time. Getting your house professionally packed will add to your moving expenses and may or may not be financially feasible, However, keep in mind yourself before deciding to pack yourself that professional movers are typically able to pack up your entire home in one day—saving you days or weeks of packing.  If you are going to need to take off from work, professional packing could be a wise financial decision.

B)   If you are packing yourself, as many people do, you need to ask a representative from your moving company (this will often be the salesman) for guidance on how many moving cartons he or she thinks your move will require. Most likely, you will need to purchase a combination of general and specialty moving boxes including book cartons (used not only for books but also for heavy or fragile items), medium and large cartons, dish packs, wardrobes, and mirror cartons. Additional moving box options include TV boxes, wine boxes, bicycle boxes, sofa boxes and mattress boxes. You will also need to purchase markers for marking up each box to indicate its contents, carton tape, wrapping paper, and bubble wrap.  Movers will bring moving blankets, so that is generally not necessary. Before purchasing your moving boxes, acquaint yourself with what to look for in a moving box and be sure to purchase high-quality cartons Do not look to buy the cheapest moving boxes or materials, as thin, inexpensive moving boxes can tear and crush during the moving and stacking process. You want to make sure that your moving boxes are rated at least a 32 on ECT crush test. You will also need to purchase wrapping paper (sometimes referred to as newsprint), carton tape, and possibly bubble wrap.
C)   Decide whether you want to go through years of accumulated dishware, papers, memorabilia, old toys, old clothes, etc. before your move or after your move. Ideally, you should give yourself two weeks to go through your possessions so that you can make a pile for discarding, donating, giving to other family members, and keeping. The goal is always to streamline your possessions in your new home so that you have a fresh, uncluttered start. Many home consultants talk about the idea of filling your home with only items that give you a feeling of joy or are desired or of use at present. The thinking here is that you should not let yourself be overwhelmed by items that you are keeping, merely because of a sense of guilt over throwing them away. Moving gives you the opportunity to reevaluate what you want to keep in your home. If you don’t have time to go through your possessions before the move, then put all items that you plan on organizing into piles into designated boxes or crates. Do not open them to unpack until you have the time and energy post-move to go through them.
D)   If you do not have experience in packing, it’s important to educate yourself before packing so that your possessions are protected. I suggest watching videos on wrapping and packing such –How to Pack Dishes Safely.  For example, heavy items and dishwater should always go in either a dish pack or book carton, and never in a large box.
E)   Create a packing timeline that gives yourself plenty of time so that you are not overly stressed or forced to stay up all night packing the night before the move.  Pack your items in a way that gives you greatest access to what you will need just prior to the move.  For example, it often makes sense to pack books, spare linens, spare toys and stuffed animals, and clothing you don’t imminently need first.  The kitchen is often the last room to be packed, although you can pack your china early on.
F)    Make sure that every box is marked correctly, indicating the room the box is to be delivered to.

3)  Strategically Plan for the Set-up of your New Home.

The goal is to have as many people who need to be at your home for set-up come on the same days.  This will save you valuable time if you need to be at work and can’t take off more than a few days of work for the move.

So make your calls early, so that you can have multiple people on the same day.

Here is a sampling of who you might need for the week of the move:

A)   Cable television, telephone, and Internet You may want to have your cable and Internet service provider come the day of or day after the move (or even prior to the move if that is possible).

B)     Television Installation. If you are planning on hanging your television on the wall and running the wiring into the walls, your movers may not be able to do this for you. Some movers will contract with a 3td party to come the day of the move to help with this. Or, you may need to find someone on your own. In addition, you may need a media expert to come to help you with the set-up of your media and remote controls.

C)   Electrician to help with chandeliers, lighting, and any electrical issues in your new home

D)     If you are moving into a house rather than an apartment, you may need someone to come and evaluate the quality of your air-conditioning, water heater, sump pump, etc.

E)      Alarm System. If you are installing an alarm, you will need a visit from your security company.

4)  Change Address:

Remember to change your address on your driver’s license, and with all your insurance companies, credit card companies, banks, magazines, and notify all people from whom you receive important bills. Be careful that you do not miss out on receiving bills, which can lead to late payments and problems with your credit score as a result.


5)   Unboxing Plan:

Boxes, boxes everywhere! Have a plan in mind for how you will deal with all the boxes after the unpacking process. Your options are to flatten all your boxes and have them picked up by your local waste management company. Or, speak to your moving company or a local junk hauler about having your boxes taken away.

6)   Childcare is important.

If you have young children, it’s important to make sure they are carried for during the week of the move when your attention is very diverted. Of course, the best thing is to have family and good friends help out with your children. But if that is not possible, you might need to procure baby sitters to be with you at home. Have lots of food and drink on hand for your children, as well as toys and books they find comforting and fun.
Moving can be more stressful for children than parents often realize. So make sure ahead of time that your children’s needs will be taken care of. Older children should also be guided into preparing for the moving period have them set aside all necessary school books, clothing that will take them through several days, things to do to occupy themselves on moving day, and all their small electronics that they will want access to.

7)   Keep Selected Boxes with You

Gather all of the clothing, paperwork, and food you will want to have with you the day and even the week of the move and keep them safe. The bathtub is a great place to keep boxes or crates of items you plan to take with you in the car. Let your movers know not to take those particular boxes. Mark them clearly.
All the mentioned tips will help you to get organized as well as keep family memorabilia safe during a move.
Good Luck…!
About James:
James Levine is CEO of New Haven Moving Equipment. New Haven Moving Equipment has been manufacturing moving equipment for over a century and they manufacture and distribute high quality moving boxes, furniture moving pads, moving equipment and packaging supplies to professional movers and the general public at wholesale prices. New Haven stresses outstanding customer support, quality engineering, and a family approach within the company and with their clients. New Haven can be reached online at

We Have Seen This Before

We Have Seen This Before

We Have Seen This Before

We Have Seen This Before! The Fuse on the Subprime 2.0 Debt Bomb is About to Ignite, says Graham Summers, Chief Market Strategist Phoenix Capital Research:

The Subprime 2.0 story is now gaining traction in the financial media.

By way of brief review, here is the template for Subprime 1.0 (the mortgage meltdown).

1)   Banks, hungry for profits, began issuing mortgages to sub-prime borrowers (people who couldn’t possibly pay the loans back).

2)   Housing prices and sales began to fall.

3)   Subprime borrowers began defaulting on their mortgage.

4)   Subprime mortgage lenders began to collapse.

5)   A crisis unfolds as the issue spreads throughout the banks.

Subprime 2.0 is following the exact same pattern. Just replace the words “housing” with “automobiles” and “mortgages” with “auto-loans.” As the Wall Street Journal  notes…

We Have Seen This Before! Banks Pull Back on Car Loans as Used-Auto Prices Plummet

Car loans have been among the fastest growing consumer lending categories since the last recession. Banks and other lenders began increasing originations about seven years ago in search of more revenue as the mortgage market slumped.

As competition intensified, lenders loosened underwriting standards by courting borrowers with lower credit scores and extending repayment periods on loans. Small nonbank lenders also jumped in, relying on the bond market as an outlet to sell their loans.

But increasing losses have sapped some banks’ enthusiasm. Annualized net losses on securitized subprime auto loans increased to more than 10% late last year, the highest level since February 2009, according to Fitch Ratings. The figure slipped back to 9% in March, but that was the highest loss reading for that month since at least 2001.

Source: WSJ

In terms of the above template Subprime Template, we’re currently at #3 and on our way to #4.

All we need now is some auto-lenders to start blowing up, and the fuse on the Subprime 2.0 Debt Bomb will have been lit.

Keep an eye on Ally Financial (ALLY) and Capital One (COF). Both have large auto-loan exposure.

When Subprime 2.0 ignites the markets will move into crisis mode.

10 Things You Need to Know before Moving Abroad

10 Things You Need to Know before Moving Abroad

10 Things You Need to Know before Moving Abroad

Are you dreaming about or perhaps even actively planning for an international move? It’s exciting to think about the new places, people and scenery you will experience but moving to foreign lands also presents challenges. Here are 10 things you need to know before moving abroad. You should think carefully about them to help your move go smoothly:

 1)  Why are you moving?

This might seem a silly question – until you actually think about it. People move for all sorts of reasons – adventure, escape, career, and climate. The destination they choose is tied up with this. By pin-pointing what it is you want to experience you may be able to choose an even better destination. Things to bear in mind: If you don’t have patience with learning languages, choose a country that speaks your native tongue (or one similar). If you plan to travel a lot, pick somewhere that makes it easy to jump across borders (e.g. Europe rather than Australia). And avoid places with ongoing conflict and unstable economies if at all possible.

2)  Get a grip on the language

Another note on languages. Relocating to another country requires a lot of communication. Knowing how to say, ‘My name is Jane and I have a cat,’ is not going to be particularly useful. If you are moving to a place which requires you to master a different tongue, start classes early, preferably yesterday.

Even if you are moving to a country where the same language is spoken, be prepared for a steep learning curve. From renting to working to taking out the trash, cultural differences can throw even the most prepped traveler.

3)  VISA timings vary – a lot!

That’s between countries, between types, and between individual applications. In fact, the guidelines you will find online are so unreliable as to be almost worthless. The only thing you can do about this is to pay for or secure as little as possible in your new country before your VISA arrives. So leave signing rental agreements and employment contracts or paying international moving company hire deposits until the very last minute.

4)  Tax gets messy

Probably the last thing you want to think about when you’re daydreaming about foreign climes is tax. Sadly, if you are an American, the IRS will not be as keen to forget about you. If you are single and earning $10,350 or more you will need to file your taxes in the USA or you could be in for a nasty surprise. If you are from another country you will need to check out the rules on tax.

5)  Health and banking choices matter

Did you know that you may be able to keep your ACA healthcare benefits providing you spend some of the year residing in the USA? Or that your credit score can be preserved if you keep your home bank open? Unless you have no intention to ever return to the US, take some advice on how best to get the maximum benefit from your health and banking set up. Even if you’re confident you’re in it for the long run, it may be worth coming back home for a few weeks a year to keep hold of your citizen perks.

6)  Your cell phone may not be mobile

Many travelers take their expensive cell phone abroad only to find that it is locked to a US network and won’t take a new SIM card in the host country. What would have been a simple case of paying to have their cell phone unlocked has become an emergency shopping trip for a new device. Make sure your cell phone is truly mobile by unlocking it before you leave.

7)  Bureaucracy is global

So you can’t escape taxes. Neither can you wriggle free from red tape. Regulations exist everywhere on the planet, particularly when you are uprooting from one life and setting up a new one. Whether you are filling in a landlord’s inventory, photocopying old statements for your new bank or wading through an 80-page VISA application expect to be kept busy with paperwork.

8)  Meeting people can be hard

Of course, no one expects to make new friends without effort but it can come as a shock how hard it can be to connect with others. People have their own family and work routines and these can be resistant to outsider interference. Seek out places where like-minded people hang out if you want to make connections. Expat groups (which are easily found via Meetup and other online sources) can be particularly supportive.

9)  You will rely on your travel buddy more than you think

Unless you are one of those hardy souls who are determined to go it alone, you will probably have someone in mind to go traveling with – maybe a sibling, partner or BFF. Choose this travel buddy wisely because you will almost certainly rely on them more than you think. From practical help with finances, carrying bags and emergency cell phone calls to emotional support when things get a bit overwhelming – and they will – your travel companion will be your rock (and you theirs).

10) You will never be the same again

This doesn’t happen to everyone but it’s common enough to deserve a place on the ‘need to know’ list. Many travelers adapt perfectly to blending in with a new culture. They handle the practicalities like a pro. They make a ton of new friends. In fact, everything is perfect until…they visit home. Sometimes termed ‘reverse culture shock,’ expats can find the return to their native land unsettling and even unpleasant. Even the barrage of voices in your own language can be overwhelming at first.

None of the above is designed to put you off your travel aspirations. On the contrary, going into your new life with your eyes wide open will increase your odds of making a success out of your move, wherever your heart takes you.

Pamela Taylor is a professional writer who has an interest in keeping things organized and in order. Her appealing strategy? Never. Stop. Moving. She currently writes on Mexico Movers for the oldest moving company in Mexico – Mudanzas Gou.

3 Ways to Vet an Investment Opportunity

3 Ways to Vet an Investment Opportunity

There are 3 ways to vet an investment opportunity. From time to time, we all get the “hot tip” about an investment opportunity or new business venture. These “can’t miss opportunities” are often fast moving, and you need to make quick decisions.  Whether it’s a real estate purchase, a niche investment opportunity or a start-up business, there are general guidelines that may be helpful to consider when deciding how and if to proceed.

3 Ways to Vet an Investment Opportunity

  • Management team:

Whether it is real estate, investments or a new business venture maybe you should ask:  Who is behind the opportunity and what is their experience? While we all know to be wary of a proposal or return that sounds too good to be true, knowing who you are dealing with, their track record and experience in this particular field may go a long way to get you comfortable that this venture has a chance for success.

  • Other Investors:

Check out the other investors when you are approached about an investment opportunity. You might want to wait to see the size of their investment. That could give you comfort that you are not throwing your money away investing in a project that may never get off the ground. Yes, the first-in are promised a greater return,  but it is safer to wait until the group is closer to its ultimate goal.  It is also important to know the relationship between those seeking the money and the investors that have already infused the group with cash. While a third party investor with experience can add credibility, money from “Aunt Sally” should give you know comfort.

  • History:

A group seeking your investment has been in business for a while. If they are looking to expand, they should be able to show you their history. Any existing company worth investing in should have clean books and records. It may not be a bad idea to also speak to their bookkeeper or accountant. These financial professionals can provide you just insight into the cash flow of the business.


If a group or individual is approaching you to invest in a rehab project, rental properties, start-up ventures, secondary market structured settlements, franchises, or any of the myriad of legitimate opportunities, They should bend over backwards to give you what you need to invest your hard earned money. If they can’t provide you with the comfort, move on- you aren’t missing any opportunity you are avoiding a mistake.

About the Author:

Kathy Manson is a Finance Coach and Blogger. Currently, she is working on cash for structured settlements at She is very proactive and aware about each and every update of financial changes in the industry.

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