Whittier Money Method

how to maintain financial stability

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  • finance-management3

    Forex Benefits of Trading the Forex Market

    Trading the Forex market has become very popular in the last years. Why is it that traders around the world see the Forex market as an investment opportunity? We will try to answer this question in this article. Also we will discuss come differences between the Forex market, the stocks market and the futures market.

    Some of the benefits of trading the Forex market are:

    Superior liquidity. Liquidity is what really makes the Forex market different from other markets. The Forex market is by far the most liquid financial market in the world with nearly 2 trillion dollars traded everyday. This ensures price stability and better trade execution. Allowing traders to open and close transactions with ease. Also such a tremendous volume makes it hard to manipulate the market in an extended manner.

    24hr Market. This one is also one of the greatest advantages of trading Forex. It is an around the click market, the market opens on Sunday at 3:00 pm EST when New Zealand begins operations, and closes on Friday at 5:00 pm EST when San Francisco terminates operations. There are transactions in practically every time zone, allowing active traders to choose at what time to trade.

    Leverage trading. Trading the Forex Market offers a greater buying power than many other markets. Some Forex brokers offer leverage up to 400:1, allowing traders to have only 0.25% in margin of the total investment. For instance, a trader using 100:1 means that to have a US$100,000 position, only US$1,000 are needed on margin to be able to open that position.

    Low Transaction costs. Almost all brokers offer commission free trading. The only cost traders incur in any transaction is the spread (difference between the buy and sell price of each currency pair). This spread could be as low as 1 pip (the minimum increment in any currency pair) in some pairs.

    Low minimum investment. The Forex market requires less capital to start trading than any other markets. The initial investment could go as low as $300 USD, depending on leverage offered by the broker. This is a great advantage since Forex traders are able to keep their risk investment to the lowest level.

    Specialized trading. The liquidity of the market allows us to focus on just a few instruments (or currency pairs) as our main investments (85% of all trading transactions are made on the seven major currencies). Allowing us to monitor, and at the end get to know each instrument better.

    Trading from anywhere. If you do a lot of traveling, you can trade from anywhere in the world just having an internet connection.

    Some of the most important differences between the Forex market and other markets are explained below.

    Forex market vs. Equity markets

    Liquidity

    FX market: Near two trillion dollars of daily volume. Equity market: Around 200 billion on a daily basis.

    Trading hours

    FX market: 24hr market, 5.5 days a week. Equity market: Monday through Friday from 8:30 EST to 5:00 EST.

  • financial-management2

    The Role Of A Tax Collector

    The County Tax Collector is as independent government agency and is elected for a four-year term in the Presidential election year. It is essential that a County Tax Collector is independent to ensure that it can serve the taxpayers, local businesses and local and state agencies correctly.

    The duties of a County Tax Collector are:

    Collecting property taxes for every local government agency with the power to levy taxes

    Serving the state as an agent for the Department of Highway Safety and Motor Vehicles, the Department of Environmental Protection, the Department of Revenue and others

    Managing local revenue programs, such as issuing occupational licenses and collecting tourist development taxes

    The County Tax Collector is a vital link between the citizens and the diverse programs that affect them and they have the authority and resources to manage both state and local revenue programs.
    A County Tax Collector can have collections and distributions of billions of dollars annually. Handling this requires conveniently located offices, skilled employees, and innovative data systems to ensure that the County Tax Collector functions efficiently and, most importantly, works accurately.

    Even though the revenues collected by the County Tax Collector are mostly taxes, the County Tax Collector is not funded from tax dollars but is a fee office. The fees collected for the services provided by the County Tax Collector are used to fund the operating budget, which is approved by the States Department of Revenue. Unfortunately, the work volume of a County Tax Collector, along with cost-effective operations, normally results in fee revenues that are well in excess of the budget. The excess fees are returned to the local government agencies in proportion to the amount they pay by the County Tax Collector so that they receive tax collection services at the lowest possible cost.

    Amongst other issues, the County Tax Collector bills and collects real and personal property taxes for the Department of Revenue. The actual amount of the tax is based on the assessed value of the property and the mileage rate, which is set by various taxing authorities. They also issue state motor vehicle licenses and processes applications for titles on automobiles, trucks, mobile homes, and boats on behalf of the Department of Highway Safety and Motor Vehicles.

    Most tax personnel have some form of Municipal Tax Collector Qualification that is sponsored by local government services. This is because a tax collector has many legal obligations and financial responsibilities that must be met in a timely manner. Achieving the status of Qualified Tax Collector indicates that an individual has proven his or her competence, knowledge and professionalism in the field.

  • financial-management2

    Professional Athletes With Tax Debt Problems

    Darryl Strawberry
    Dodgers star, Darryl Strawberry first got in to trouble with the IRS in 1994 when he was put under investigation for tax fraud. The IRS tacked him with tax evasion, and he had to pay back $350,000 in back taxes, serve 3 years of probation, six years of home confinement, and complete 100 hours of community service.

    2. Lawrence Taylor
    Former Giants linebacker, Lawrence Taylor filed an incorrect federal income tax return back in 1990. Taylor pleaded guilty to the tax charges in 1997, and was punished with three months house arrest, five years probation and 500 hours of community service for income tax evasion.

    3. Pete Rose
    Baseball favorite, Pete Rose, also got in to some trouble with the government in 1990, when he filed a false income tax return. Despite his celebrity status, Rose was sentenced to five months in a correctional facility, three months in a community treatment center, 1,000 hours of community service and a $50,000 fine.

    4. Helio Castroneves
    The recent controversy around Indy 500 racer Helio Castroneves and his supposed $5 million tax debt has shed light on the tax problems sports stars can get in to. He is currently being tried for evading taxes on a licensing deal that he claims to never have received a dime from. Only time will tell whether the Indy 500 and dancing with the stars celebrity actually committed the tax crime.

    5. Willie McCovey
    Hall of Famer Willie McCovey, like many other athletes who ran in to tax trouble, did so by forgetting to claim cash made during autograph signing. While McCovey pleaded guilty to the crime, he also claimed to have committed it unknowingly, since he had a professional handle his accounting. He was sentenced to two years of probation and fined $5,000.

    6. O.J. Simpson
    Although infamous for more than his athletic abilities, O.J. Simpson upset the IRS enough to be put on the California tax shame list. His tax debt was over $1.5 million, and he stayed on the list for more than a year.

    7. Jesse Owens
    The late 1930s Olympic winner Jesse Owens got himself into trouble with the IRS. After the Olympics, Owens tried multiple business ventures in the United States to profit off his newly found fame. However, one of his ventures lost Owens a fortune and rendered him unable to pay his full tax liability. As a result, Owens was forced to declare bankruptcy.

    8. Boris Becker
    Famed tennis player and bad boy, Boris Becker, ran right in to tax trouble when it was discovered his apartment was not his priority residence, as previously claimed. As a result, he was given two years probation, fined $500,000, and ordered to pay expensive court fees.

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    A market leader in PhD proposal writing, phdproposalnet offers its clients a 20% discount on all or

    London, UK, September 2013 – A top company in PhD proposal writing service, phdproposal.net has introduced a 20% discount for all its clients who place any order in the company website. According to a statement from the company, this discount is aimed at rewarding the clients who have been very loyal to the company. The reward program was introduced due to the continued trust by the clients that have enabled it to remain the market leader. The company further assures the clients that they will continue offering them high quality services. The move has however elicited mixed reactions from professional within this field, with some saying that this company is creating unfair competition to other up coming small companies. A top company in PhD proposal writing service, phdproposal.net has introduced a 20% discount for all its clients who place any order in the company website. According to a statement from the company, this discount is aimed at rewarding the clients who have been very loyal to the company. The reward program was introduced due to the continued trust by the clients that have enabled it to remain the market leader. The professionals who work in this company understand the need to provide doctoral students with a reliable writing service. The company has the best tools and staff in the market, and promises to offer excellent services to its clients. It is expected that with the introduction of the discount, many new clients will look for this services. services offered by this company are of high standards. In a survey recently concluded, the company was voted the best PhD service provider in the market today. It is for this reason that the company executives decided to offer clients the discount as a way of appreciating them. There are many professional experts in this company who can help you in all writing processes that you might need. The experts have extensive knowledge and expertise in writing. Many doctoral students find it hard to write these kinds of proposals. However, with the discounted fee now available, the company urges you take rush and place your order before it is late. The company also has the best tools in the market that will help you in writing. Once you contact the company chat services, an expert will guide you through the website, explaining everything clearly to you. The company pledges that all orders given to clients will be worked on professional, and that a draft will be sent to you for review. The draft is aimed at making you make recommendations on the areas that you need to be corrected. The company respects and treats it clients with dignity, and the management assures that you will have a lifetime experience once you contact them. For ordering and more information concerning the services, please visit the company’s website.

  • ffa2-copy

    The Beginner’s Guide to Funds

    The Effects of Bad Credit

    A credit score is a numerical representation on the credit-worthiness of an individual, which is based on a level analysis of a person’s credit files. Financing companies produce a credit score, ranging from 300 to 850 with 850 as the highest score, for a borrower with a Social Security number using data from the person’s previous credit history and lenders use a credit score to evaluate the probability that a person repays his debts. Credit scores have great influencing impact on a borrower’s personal finances, as well as affecting your capacity to borrow, such that if you’re not performing well with your credit score, which means you’ve got bad credit, the following effects are bound to impact you.

    Hard to borrow money

    When your credit score is low, the less likely will you find a willing lender or it will directly affect your likelihood of securing approval for a new loan or a credit application. Even if your score is almost close to the cut off score level, for example your score is 698 and the qualified score is 700, many lenders don’t make loans where the credit score falls below the accepted level.

    Confronted with higher rates when you borrow

    When a borrower’s credit score is a few points way below the qualified score, his chances of borrowing may be slim but if he gets his loan approved, he will be confronted with a higher rate and with additional restrictive terms from the lenders or financing institutions, which shows that credit scores are highly valued. An interest rate difference can add tens of thousands of dollars to the total cost of a mortgage, depending on how the loan is structured, but the same principle applies to auto loans, home improvement loans, personal loans, and credit cards.

    Effects on your housing situation

    Credit score rating is subject to the kind of apartment unit that is open for lease, such that if you’re applying to rent an apartment and your credit score is high, landlords can accommodate you to well-kept, modern apartments in a desirable neighborhood, but if your credit score is low, landlords may be lenient to the credit score but will offer you a substandard dwelling unit in an undesirable area and, at the same time, the landlord will most likely require a pre-lease credit check.

    Difficulty to find jobs

    If you’re looking for a job, there’s a high probability that your credit status will be checked by the company you are applying to, most especially if the position you are applying requires a security clearance. In a handful of states in the US, the practice of a credit status check on an applicant is banned or restricted, but this doesn’t stop employers from doing the checking rounds because ideally an employee can work efficiently if there are no distressing factors, which he/she is carrying, one of which is a bad credit.

    Tension on personal relationships

    The status of your credit score and your credit overall profile can also affect your personal relationship and family life in a manner when you and your spouse will apply for either a home loan or auto loan, since lenders look at both you and your spouse’s credit profiles and assess your household’s overall credit risk. The strain from high interest rate, large down payment which are results of low credit qualification is also affecting your family relationships, since financial issues are stressful to the well-being of a person.

  • 159415722

    Types of Travel Insurance

    Travel insurance policies provide at least six types of coverage, intended for different types of travelers and trips:

    Comprehensive medical travel insurance is for people who don’t have any other medical insurance, even at home. Since most people who can afford it have health care coverage in their home country, often through their employer, comprehensive travel medical insurance is mainly of interest to long-term travelers who’ve left their jobs and lost their insurance coverage at home, or to those living and working outside their country of citizenship or permanent residence.

    Emergency medical travel insurance is for people who have medical coverage at home, but whose health plan at home doesn’t cover them while they are travelling. Emergency medical travel insurance only covers emergency services abroad; once you get home, you’re back under your regular home coverage for any necessary follow-up treatment or continuing care. Check with your current insurer before you waste money on an emergency travel medical plan that duplicates your existing coverage.

    Medical evacuation travel insurance covers the cost of an air ambulance, attending physician and nurse, etc. if you are so badly injured, or become so ill, that you can’t come home or get to a suitable medical facility on a scheduled commercial passenger flight. Even very badly injured travelers usually can come home on regular flights after no more than a couple of weeks of emergency treatment and stabilization abroad. Some of the activities most likely to lead to a need for medical evacuation, such as scuba diving and extreme sports, are often excluded from medical evacuation coverage.

    Trip cancellation and interruption travel insurance covers the cancellation or refund penalties and the cost of getting home if you have to cancel your trip, or cut it short, for specified reasons. The covered reasons vary, but typically include injury or illness to you, a travelling companion, or a member of your immediate family. War and terrorism may or may not be included, or may be covered only at additional charge.

    Supplier default insurance covers any money you lose because of the bankruptcy of an airline, cruise line, tour operator, or other provider of travel services. Some travel insurance companies no longer offer it at all, while others pick and choose which travel suppliers they will insure.

    No matter which type of travel insurance you go for, make sure you read the fine print!

    ___________________________________________________________________________________________________________

    It is very essential to have a travel insurance policy. Author Pranav Sharma is an experienced insurance professional and widely read expert on general insurance based in Mumbai. Pranav helps readers opt for best .

  • finance-management3

    Is The ‘Money Game’ Deceiving You

    This message is a brief expose on the money scam and how it is symbolised in the Western world using the American dollar bill as an example, giving rise to how the hidden powers that be work behind the scenes and what you can do after you’ve got the realization that you’re being played.

    What is money? ?

    -Answer: Money is a means by which energy is exchanged. The economic system is based on work energy exchanges from person to person during the supply and demand.

    Let me give some simple examples. I am a musician and let’s say I have received payment for playing a live musical performance. This payment represents the energy I had to put in to make that performance happen.

    Let’s say I then give money earned from this performance to a mechanic. The money or payment the mechanic receives is for the energy he had to put in to repair my car. Then, the mechanic gives this money earned to someone else for their work energy related services to him and so on.

    -In short, throughout the working world money goes where the energy flows in the exchanging, but here’s the rub.

    In the above examples let’s say in every case the money paid out was fair and fitting to the amount of energy each person had put in for their services. However, in the world of work this is definitely not the case. There is a great imbalance:

    Most people (like yourself?) in order to earn their pay check will have to put in far more than they’ll ever receive. That is, instead of receiving a balanced payment for their efforts most of the money made will go to their corporation. The fact that giant corporations make huge pre-tax profits each year and can get away with paying some of its workforce minimum wages tells you there is a huge imbalance. -This imbalance, unfair returns on people’s daily work energy contributions occurs on a global scale. It has been orchestrated by the hidden powers that be and it doesn’t end there.

    There’s a whole list of other bloodsucking systems including many unfair taxations, banking and financial scams designed to siphon off the people’s hard earned cash to just a few very wealthy individuals: The ruling elite have deceptively manipulated the world financial system to such an extent that they control more money than the entire world’s governments stuck together. This means that they have usurped the energies from we-the-people to such an extent that we have become physically and mentally enslaved.

    If you liked reading this article then go to www.NewParadigm.ws for more related articles including a free download PDF. NewParadigm is a portal to transformation, consciousness, spirituality, mind, body, health, alternative media and much more… Hosted by Paul A Philips. Once again the link is:

  • 159415722

    Loan Modification Process – A Waiting Game

    Loan modification option is chosen by a homeowner only when he is overstressed by the non-repayment of his home loan and frustrated from the frequent reminder calls of his lender. This leads to a fear about the uncertain future and the threat of foreclosure. All these things work together and people apply for a loan modification process as the last and only hope. This in fact was the previous thinking but today with the efforts of the present government, mortgage modification process has been simplified and made feasible for every citizen of America.

    Today loan modification can solve all issues regarding late payments of the home loan or the danger of foreclosure and restructure your loan into payments that you can easily afford and this will actually put you back to life. You need to stay positive and look into this loan modification matter in a different way because now this is your right and there is nothing like mercy sort of thing involved here. You need to hold your head up and keep the optimistic result in mind because the whole process will take some time and you will have to work patiently throughout the entire process.

    Applying for a loan modification process is a systematic procedure and you need to find out the requirements of your lender first. This will help you plan further and collect the documents and arrange them according to the sequence of requirement. The documents should be supportive to the declarations and statements that you make while filling up the application form. You are also required to fill the form properly and in fact you should double-check it very carefully before submitting it so that not a single point is missing or left out. There have been many rejections only because the application form was not duly filled.

    Then there is hardship letter that needs to be written in which you have to give in details of your hardship that can be your job loss, illness, divorce, being overstressed due to loan repayments or any other one. The hardship letter has a big role to play in the approval of the loan modification as many lenders have made it the decisive criteria for this program. So you should write an impressive and motivating hardship letter that has the capability to earn the lender’s sympathy and make him feel that you are the most eligible candidate for loan modification program.

  • finance-management3

    On Services: My Thoughts Explained

    Strategies for Choosing Best Web Designer For Your Web Site

    How to Choose a Web Design Firm

    Simple. You do your own homework. Then, you start asking questions and taking notes. There are plenty of web designers out there. You wish to decide on the finest because, in actuality, your web designer is in character your spouse. You wish to pick a designer that requires YOUR company seriously.

    What questions do you ask?
    The Beginner’s Guide to Services

    There Are several important questions to ask when picking a web designer for your business web site.
    Learning The Secrets About Services

    What sort of web experience do you have?

    For Starters, learn what sort of design experience your potential design company has. Do they have experience with content management systems such as Joomla or Drupal, do they have experience working with “raw” HTML? Has the internet design firm created web sites like yours? Do they have relevant industry experience? If you would like to promote products through your web site and accept credit card payments, does the internet design company you’re considering have experience with hosting?

    Can you have a Portfolio that I can review?

    An Experienced web design firm will have a good portfolio of internet sites which they’ve created for other customers. Ask for links to other site the design firm has created and review each one. Do you enjoy what you see? Do the sites have a design that appeals to you personally?

    Have you got any references?

    In Addition to reviewing web sites, request customer references. Speak to their customers and ask them about their experience with the internet design firm. Were they pleased with the outcomes? Can they get what they paid for? How much did they cover? Would they recommend them? Just how long can it take? What did not they like about the provider? How responsive was the company if they had questions?

    What are your prices?

    The Most significant step in pricing is to make sure the potential design firm outline each of the prices associated with the work and sets everything in writing. Never enter into a deal unless all the prices are well known up front. Ask Them a bit about how they manage payments. Should they react in a really business-like and skilled fashion, this is an excellent sign. Should they throw out answers like – “Don’t worry, we will be able” or “Whatever you are comfortable with”, don’t be fooled. That really is trouble waiting to happen. Get the cost in writing before you begin the project.

    Do You’ve Got experience with search engine optimization?

    Most Small business owners don’t have it in their budget to hire a separate Marketing firm to work on search engine optimisation (search engine optimization), so it imperative That your web designer possess expertise in SEO. A Fantastic designer will know that layout and SEO go hand-in-hand. Designing a web site for search engines with “clean” code which uses cascading style sheets Is Vital to Getting your articles indexed in the top search engines, like google and Bing.

  • financial-management2

    Changing Dynamics Of Indian Car Market

    Ford Cars one of the best International passenger car maker yet to make a marked presence in Indian Automobile Sector
    With a market share of 3.5% in Indian passenger car market, Ford India has 4 models Figo, Fiesta Classic, New Fiesta and Ford Endeavour in its portfolio

    With the entry level hatchback Figo in both Petrol and Diesel models Ford India though has been able to increase the sales but yet to achieve a substantial share in Indian passenger car market. However, the class and technology of Ford cars are world class one of the main reasons of low growth is a high concentration on entry segment hatchbacks in India. With a huge network Maruti Suzuki and Hyundai along with Tata Motors captures over 2/3rd of the market share, rest car market is spread among various car manufacturers looking for a pie Honda Siel Cars, Chevrolet India, Fiat, Nissan, Renault, Toyota, Skoda, Volkswagen, Mahindra & Mahindra and luxury segment of Audi, BMW and Mercedes Benz

    Ford India as per its future strategy seems to have an all aggressive plans with upcoming launch of Ford Eco sport along with Ford Endeavour in Indian car market. The proposed classification strategy of Ford cars seems to be
    a) Entry Segment will have Ford Figo
    b) Mid Entry Sedan Segment will have Fiesta Classic
    c) Mid Sedan will have New Fiesta
    d) Entry Level SUV will have Upcoming Launch of Ford Eco Sport
    e) High End SUV in budget of Rs. 20 Lac will see Ford New Endeavour coming in Indian Car market

    Chevrolet India, the very next competition to Ford also has market share under 4% , but with higher number of models Spark, Beat, Uva, Aveo, Tavera, Optra, Cruze and Captiva. Chevrolet India another American car maker is yet to make a marked presence in Indian car market. However, the new Captiva and Trail blazer will change the dynamics of Indian automobile Industry in SUV Segment which is been captured by Toyota Fortuner.

    The dynamics of Indian Automobile Industry is poised to change with almost 50 new models or facelift models are expected in next 12 months. With the market share tilted towards Maruti Suzuki commanding over 40% of passenger car market in India. With new models coming in it will by sure make the presence of American and European car makers Volkswagen and Skoda to see an enhance market share as part of business strategy.