The Best Place For Tax Lien Investing

Here’s an excerpt from the 2016 book “Tax Lien Investing Secrets: How You Can Get 8%-36% Return on Your Money Without the Typical Risk of Real Estate Investing or the Uncertainty of the Stock Market.” This section is from Chapter 3: Finding the Best Place to Invest

The Six Things You Need To Know

There are 6 things that you need to know about tax lien or tax deed investing before you get started.

1. The statutory interest rate – this is the rate that the county charges delinquent tax payers and the rate that investors get on their money when it is not bid down at the tax sale.

2. The bidding method – What is actually bid at the tax sale, whether the amount paid for the lien is bid up, or the interest rate is bid down, or something else entirely is bid, or there is no bidding at all and winners are randomly chosen.

3. The redemption period – The period of time that the property owner has to redeem the lien or redeemable deed before the lien holder can foreclose on the property.

4. The expiration period – The “life” of the tax lien, after which the lien will expire worthless if no action is taken by the investor.

5. How subsequent taxes are handled – Whether or not the lien holder gets to pay the subsequent taxes if the property owner doesn’t pay them, and what interest or penalties are paid on the subsequent tax payments.

6. Additional Penalties – Are there other penalties that the lien holder gets when the lien or redeemable deed redeems?

These six things make a huge difference in your profit and are the reason why tax lien investing is very different in different states. Let me give you examples from three different states that all have auctions where the interest rate is bid down, but because of the other 5 factors mentioned in this chapter, investing in each of these states is quite different.

Forex market participant

Unlike the equity market – where investors often trade with institutional investors (such as mutual funds)or other individual investors there are additional participants that trade on the forex market for entirely different reasons than those on the equity market. Therefore, it is important to identify and understand the functions and motivations of these man players of the forex market.

Arguably, the most influential participants involved in the forex market are the central bank and federal governments. In most countries, the central bank is an extension of the government and conducts it policy in line with the government. However, some government feel that a more independent central bank is more effective in balancing the goals of managing inflation and keeping interest rates low, which usually increases economic growth. No matter the degree of independence that a central bank may have, government representatives usually have regular meetings with the central bank representatives to discuss monetary policy.
Central banks are often involved in manipulating reserve volumes in order to meet certain economic goals. For example, ever since pegging it currency (the Yuan) to the U.S dollar, China has been buying up millions of dollar worth of U.S treasury bills in order to keep the Yuan at its target foreign exchange rate (forex rate) central banks use the foreign exchange market to adjust their reserve volumes. With extremely deep packets, they yield significant influence on the currency market.

Along with central banks and governments, some of the largest participants involved with forex transactions are banks. Most people who needed foreign currency for small –scale transactions, like money for traveling, deal with neighborhood banks. However, individual transactions pale in comparison to the dollars that are traded between banks, better known as the interbank market. Banks make currency transactions with each other on electronic brokering system that a based on credit. Only banks that have credit relationships with each other can engage in transaction. The larger banks tend to have more credit relationships, which allow those banks to receive better foreign exchange prices. The smaller the bank, the fewer credit relationships it has and the lower the priority it has on the pricing scale.
Banks, in general, acts as dealers in the sense that they are willing to buy/sell a currency at the bid/ask price. One way that banks make money on the on the forex market is by exchanging currency at a higher price than they paid to obtain it. Since the forex market is a worldwide market, it is common to see different banks with slightly different exchange rates for the same currency.

Some of the biggest clients of these banks are international business. Whether a business is selling to an international client or buying from an international supplier, it will inevitably need to deal with the volatility of fluctuating currencies. Having to deal with forex risk is a big problem to many multinational corporations. Since foreign exchange is uncertainty.
One choice that a business can make to reduce the uncertainty of foreign –exchange risk is to go the spot market and make a transaction for the foreign currency that they need. Unfortunately, businesses may not have enough cash on hand to make such transactions in the spot market or may not want to hold large amount of foreign currency for long periods of time. Therefore, businesses quite often employ hedging strategies in order to lock in a specific exchange rate for the future, or to simply remove all forex risks for a transaction. Example is a European company wants to by steal from U.S. it would have to pay for steal in U.S. dollars. If the price of the Euro falls against the dollars before the transaction is made, the European company will finally pay more Euro than formally specified. As such, the European company could go into the market to lock in the current exchange rate to eliminate the risk of dealing in U.S. dollars. These contracts could be either forwards or future, contract.

Other class of participants in forex are speculators. Instead of hedging against changes in exchange rates or exchanging currency to fund international transactions, speculators attempt to make money by taking advantage of fluctuating exchange –rate levels.
The largest and most controversial speculators on the forex market are hedge funds, which are essentially unregulated funds that use unconventional and often risky investment strategies to make very large returns. Think of them as mutual funds on steroids.
Given that they can take large positions, they can have a major effect on a countries currency and economy. Some critics blame hedge funds for the Asian currency crises of the late 1990s, while others pointed on Asian central bankers. Either way, speculators can have a huge impact on the forex market.

These are the basic participants of the forex market, now you can understand the history and knowledge of the forex market.

Make Your Money Work For You With Great Finance Tips

Make Your Money Work For You With Great Finance Tips

As a college student or someone else that has recently become independent, it can be easy to blow all of your money on things like going out to eat or hitting up the clubs. Rather that doing that, be financially responsible and avoid debt.

Do not waste money on anything that promises to make money easily. This is one thing that happens to many marketers. Instead, continue to educate yourself, implementing your own unique techniques and strategies. You will be sure to enjoy your increasing profits.

Pay attention to trends when investing in forex. Keep yourself informed, this allows you to sell high and buy low. When the prices are in mid-swing, avoid selling. You must be very clear in your goals when you do not ride a trend out completely.

Try finding the best local restaurants that the locals eat to find more authentic food and better prices in foreign countries. Restaurants in popular tourist areas and hotels will overcharge you, so look into where the locals go out to eat. The food will taste better and it will likely be cheaper, as well.

Improve your finances by decreasing expenses. Don’t be a brand loyalist and use coupons whenever possible. If you always buy Purina Cat Chow, but this week’s online coupons has a coupon for Fancy Feast, you might be able to get the Fancy Feast for less than the Cat Chow for once.

Wherever you go, bring along a small envelope. Your envelope should be used to store items such as business cards and purchase receipts. It is important to have a system for saving these for record keeping purposes. If you are ever double charged by your credit card company, you will had the prove needed to get the duplicate charge removed.

Remember to do your taxes at a time that is right for your personal situation. This will allow you to get the refund that you earned as soon as possible. It is a better idea to file near April 15th if there is a chance the you owe the government money in taxes.

Keep a handle on personal financial issues by charting a specific course for the coming years. Having a solid plan is a good motivational tool because it drives you to work harder and cut down on unnecessary spending.

You will need to pay off your debits before you can repair your credit. The best way to get yourself out of debt is to pay down your loan and credit card debts, so you will need to cut back a little. Prepare meals at home and limit expensive entertainment outside the house. The only way to save and repair your credit is to spend less. Going out to eat is one of the simplest things you can cut back on.

Credit cards can be a great way to pay for items. Once you’ve been approved for a card, try to use it for your daily purchases, like groceries and gas. Most often, credit card companies provide rewards for the use of their cards so you may see cash back on these items.

Try not to get too much money from a student loan, unless you’re able to repay it back. If you are planning on sending your child to a private school, strongly consider other options that make financial sense.

Don’t become so overwhelmed by debt that the mountain of unpaid bills grows higher by the month. Start with a budget plan. Remember what you have learned here so that you’re able to get yourself out of debt and so you can avoid debt collectors.

Good To Go Insurance Valdosta

Valdosta is a city located in the State of Georgia and is the county seat of Lowndes County. In terms of auto insurance, the city has to comply with the regulations mandated by Georgia government.

There are many licensed insurers in the state including Good To Go Car Insurance, a subsidiary of American Independent Companies.

Georgia’s Insurance Regulation

The auto insurance regulation in Georgia is similar to that of most states in the U.S. Based on the information provided on the official website of Georgia’s Office of Insurance and Safety Fire Commissioner, every driver registered in the state has to have at least liability insurance.

Drivers also have to include Bodily Injury and Property Damage with the minimum limits as follows:

Bodily Injury per person: $25,000 Bodily Injury per occurrence or accident: $50,000 Property Damage per occurrence or accident: $25,000

Liability Insurance is the coverage that pays for damages and injuries suffered by another person in the event of an accident in which you are at fault.

The coverage will pay up to the policy limit, and there is always a possibility that the non-at-fault party will ask for more in case the damage or injuries require more than your limit can provide.

Good2Go Auto Insurance is licensed to offer car insurance in Valdosta, Georgia, and it will make sure you get at least the minimum liability limit to comply with the rules.

For more than 25 years, Good 2 Go Insurance has been known to specialize in providing minimum liability coverage in every state in that it is licensed. But it can also refer you to other companies within its network to your satisfaction.

Physical Damage

There are two types of Physical Damage including Collision and Comprehensive. The former provides coverage for damages caused by a collision or accident to your vehicle. It is an entirely separate insurance coverage.

Similar to Collision, the second type is called Comprehensive which protects property damages from various causes other than an accident such as vandalism, theft, fire, etc. The state law does not require physical Damage, but it is usually required by our vehicle’s lender, a leasing company, or bank.

Although Good to go insurance is known mainly for its minimum liability policy, the company also provides both Comprehensive and Collision to give better protections.

Good2Go Insurance in Valdosta even offers an easy way for high-risk drivers to get the minimum liability insurance (non-standard insurance).

Insurance as it is in the 21st century

When people are faced with the unexpected such as accidents and its like, the best security at hand to mitigate such situation is being insured.

Hence insurance can be defined as the simplest form of risk management in which the insured transfers the cost of unforeseen loss to another individual in exchange for monetary compensation known as the premium.

Insurance enables people, businesses and other bodies protect themselves against general forms of hardship associated with the likes of finances, health, life, etc. at a reasonably affordable price.

And such insurance coverage could be applied as below:
• Shielding family after one’s death from loss of income
• Debt repayment after death
• Covering conditional liabilities
• Shielding against the death of a key employee or person in your company
• Shielding your business from loss of income
• Shielding yourself against unforeseeable health issues
• Shielding your home against theft, fire, flood and other hazards
• Shielding yourself against lawsuits
• Shielding yourself in the event of disability
• Shielding your car against theft or losses incurred because of accidents
• Etc.

The basic way Insurance works
It works by pooling various risk factors with people interested in insuring themselves paying premiums into the insurance bucket of a company, simply in their account held by the insurance firm.

Simple Understanding of Insurance Contract
The insurance bond is a legal document that spells out the coverage and limitations of the insurance rule. It is critical that you read the contract agreement properly and ask questions on areas not clear.
You don’t want to pay for the insurance and then find out that what you thought was enclosed isn’t incorporated.

Life is full of risks.
Some are preventable or can at least be reduced, and while some are avoidable and some are completely unforeseeable.
There are two main types of insurance, namely life insurance and general insurance which covers different aspects in your life and breaking them further we apply this in the following below.
o Motor insurance
o Fire insurance
o Householders insurance
o Personal accident insurance
o Medical and health insurance

Life insurance is an insurance coverage that pays out a certain amount of money to the insured or their specified beneficiaries upon a certain event such as death of the individual who is insured.
This form of premium payments is done either monthly, quarterly or annually.

Life insurance basically covers:

o Premature death
o Income during retirement
o Illness

And also is mainly attributed to:

o Whole life
o Endowment
o Investment-linked
o Life annuity plan
o Medical and health

General insurance is basically an insurance policy that protects you against losses and damages other than those covered by life insurance.

But how do you know whether your hard-earned money is going on the policies you require the most? The answer is simply to do your research and ask questions that relate to your insurance needs.

Reasons To Make An Effort Having A Home Budget Plan

Do you currently know how much income your household takes in each month? Exactly where does all this income go? How long can you financially endure if you lose your current earnings? These are concerns that every home ought to address and answer. The technique to answer these pivotal questions is to formulate a household budget. Among the biggest issues when a person is having money troubles includes an understanding of their cash flow. Whenever talking about cash flow, it’s simply the flow of money into your household and the flow of money out of your home. When the money inflow is greater than the cash outflow, you have a surplus and life is good. If the inflow of cash is less than the outflow of money, you have a predicament that must be remedied.

A budget plan is the most effective way to determine what money is entering into your household and what cash is leaving your household. A person may have never had a household budget and have absolutely no strategy where to start. You have a variety of viable options. You can get online and obtain free budget templates. If you’re good with certain software programs, you can create your very own personalized budget sheets. You may have access to a personal financial planner or accountant which can assist you in setting up your budget. If you have questions concerning bankruptcy or if you’re unclear if your circumstance would necessitate debt forgiveness, consult an experienced bankruptcy lawyer or attorney. Meeting with an attorney or financial professional will help you to clarify your current circumstance and provide you time tested advice regarding your next logical step. You may find that your financial position can possibly be greatly improved by simply trimming certain expenditures or picking up a part time job. These steps may aid you budget your way out of personal bankruptcy and guide you toward financial health.

Right after you have examined your alternatives, you need to manage your budget effectively. Regardless of whether you consult a lawyer or attorney and find that bankruptcy is your most ideal option, you still need to establish a budget for the future. There are a number of things to think about when creating a household budget:

* Make certain you list all sources of income (salaries, rental income, child support, dividends, etc.).

* Divide your expenses in sub-categories (groceries, mortgage, car expenses, loans, utilities, etc.).

* Distinguish between your fixed monthly expenses (i.e. loan payment) and you variable monthly expenses (i.e. groceries).

* Account for every dollar you spend.

* Create a monthly average for each of your variable monthly expenses.

* Plan in advance and save for substantial future expenses (vacations, holiday gifts, roof repair, etc.).

* Create and fund an emergency savings account to cover unexpected expenses.

A person must take their monthly budgeting very seriously. Accounting for every dollar of income and every expense is crucial to capturing of your finances. Adhering to a solid budget plan may help you climb out of a financial hole. However, your circumstance may require you to consider bankruptcy as an option. Regardless of what decision you make, planning a regular monthly household budget will dramatically benefit your future financial outlook and provide you control over your cash situation.

Effective Tips On How To Buy Silver Bars

In the current unpredictable market conditions, the long standing tradition of possessing gold and silver coins has again gained attraction since they are believed being a more prudent investment in the times of uncertainty. Silver is really a precious metal which is thought to be a relatively stable style of investment. Silver can be a store of value, which means it can be stored and retrieved to be used in the future. Silver bars are produced in different weights by most organisations and are generally the primary vehicle used by individuals interested in investing in silver bullion. Even if the silver standard ended in 1935, silver is yet being buy for investment purposes.

Methods to Buy Gold and Silver Bullion

The traditional technique of investing in silver has always been to buy rectangle-shaped, silver bars which are easy to store in a secure at home or in a safety deposit box at a bank. In Liechtenstein, Switzerland, silver bullion bars are offered on the market by bank teller, however, this selection is not available in the USA.

Silver Bar Sizings

There are numerous sizes of silver bars available for investment purposes. Based on how much room a purchaser has for storage and how much total weight they want to obtain, there is a wide range of sizes of silver bars to satisfy any investor’s needs.

Traders of silver bars can choose from the next sizes to fulfill their particular investment needs:

-1,000oz Troy Bars weighing about 31 kilograms and considered to be good release by exchange. -100oz Troy Bars with a weight of about 6.8 pounds are the preferred size for investment requirements. -32.15 Troy Ounce Bars weight 1Kg -10oz Troy Bars weighing three hundred eleven grams

Unusual weight retail silver bars without recognized company name label come at a lower price, but have additional risk.

Symbols on Silver Bars

Silver bars with investment class are stamped with information with regards to the weight and fineness of the silver and also name of the mint. For example, a .999 Fine Silver mark designates a silver bar with investment-quality knowing that the silver is 99.9% pure. Silver bars are created and distributed by mints across the world, nevertheless the only items that prohibit the value of silver bars are their weight and of course the purity of the silver.

Storage of Silver Bars

Given that silver bars are a compact form of investment that hold considerable worth they must be held in a safe, secure place for instance a safety deposit box at a banking institution or perhaps a brokerage firm that will offer these services for a small month-to-month fee.

Regular Savings – Essential Investors Guide

A regular savings plan is the best way for any individual to invest their cash in a way that will maximize the amount of interest paid, whilst also minimizing the amount of tax that the saver has to pay each month. Generally they are added to over a set time of 10 years, with many financial institutions providing bonuses for those that regularly add more cash to their account.

How to open a regular saving account

A regular savings account is just like any other type of investment account, in that all a person needs to do is approach any of the banks, building societies or other financial organisations that offer them.

The best possible way to decide on which type of account to open is to look at not only the interest rate paid, but to also examine the amount of bonuses the specific institution will pay to its regular investors. Nearly all of the accounts will have a tax free allowance of £25 per month, with anything over being taxed by the Government depending on your tax bracket – meaning that this issue does not need considering by the consumer.

There are no real restrictions regarding who can open a regular savings plan, although many places often have a minimum and maximum age limit, with 16-55 being the most popular. Although it is partially tax free, it also will not affect the standing of any Individual Savings Accounts or ISAs that the customer already has.

Paying money in to a regular saving account

With most regular saving plans there is a minimum amount to be invested per month, although this is usually only around £15. Although this is only a small amount, failure to pay it will have significant impacts on the amount of bonuses the account may receive. While there is a minimum, there is no maximum amount that can be paid in per month, although only the first £25 will be tax free.

The advantages of a regular saving account

The main advantage of this type of savings and investments is that there is a guaranteed lump sum payable at the time at which the account matures, which is set when the account is created. This provides the insurance that should the institution invest the money poorly, it will not be lost – meaning that there is virtually no risk associated with this type of account.

Another advantage is when saving for children, child savings accounts can provide an excellent kick start to their adult life. If a parent starts saving just £40 per month for ten years, they can expect a minimum return of £5,220, with most actually coming in at more than that. Aside from Government sponsored schemes, there is no more effective way that a parent can save for their child.

How Do I Get A Loan With Bad Credit And High Income?

There are a lot of people who enjoy relatively high income levels and yet, they have poor credit. These individuals may not have gotten around to making the financial improvements that they need. They may be in the process of paying down old accounts, but have run into a cash flow issues. No matter what they cause, it is important to not that it is possible to get financial help even when you have old, unresolved debt. Offers for bad credit cash loans abound and thus, it can be easy to get the help you need in spite of an unimpressive credit history.

Companies that cater to high-risk individuals have a number of ways to offset the risks that they take on when doing so. Foremost among these is the implementation of high interest rates. You will pay a bit more in interest and loan fees when working with these entities than you will if securing funding from a more conventional lending institution. It is important to note, however, that you will also have a far higher likelihood of approval.

Another way in which these companies offset risk is by requiring borrowers to use collateral. This, however, is not like traditional collateral which often comes in the form of real property. Instead, it is the borrowers own future paychecks. These companies know that people with significant amounts of income coming in will have the ability to repay the monies that they accept, even if they have poor financial track records.

This is accomplished by securing the bank account and routing numbers of the borrower during the application process, along with permission to debit the related funds out of this account on the borrower’s pay date. The terms of this agreement will be duly spelled out and borrowers have the opportunity to look for offers that allow for feasible monthly payments and relatively lengthy repayment terms.

It should be noted that the same banking account that is provided in the application process will be used to fund the borrower. Once an application is approved, the monies that are borrowed will be electronically transferred into the account. This is highly convenient, given that people do not have to leave their homes or their places of business in order for these transactions to be completed.

Another vital point to note is that each of these companies are certain to have varying interest rates, loan terms and fees. Thus, shopping around gives each person the opportunity to find funding products that are best-suited their own needs. There are also many online loan comparison sites that are designed to make this process much easier and far less time-consuming.

Change Your Thinking to have Financial Security

To create a stable financial foundation, it is important to review your past remembering your restraining opinions and worries around money. Reviewing your financial history and thinking patterns will help you identify the blockages to your financial security. Being mindful of your financial obstacles gives you the opportunity figure out when you accepted these thoughts. It will also help you eventually reconfigure your financial plan to be financially secure. It’s astonishing that people are repressed by restricting anxieties and views about money. This understanding of money has been rooted in us from our experiences, environment and what we were told about money.

I use a three step process to help my clients understand their money attitude. The three steps are realization, perception and remodeling. The first step is to become conscious of your money mental blocks. The next step is to comprehend when and where these beliefs started. After you have determined what the limits are and their origin, the final step is restructuring that specific thought to an affirmative view.

Below is an outline of three steps to uncover past experiences that may be replaying in your sub consciousness.

    • Familiarize yourself with your money background: Working with clients, I request straightforward explanations to intriguing questions regarding money in their childhood and how money has come to them in the present. Ask yourself the questions below to help pinpoint contrary beliefs that may be hindering your progress.
      • What is the money history from your childhood? What did you observe, experience or listen to regarding money?
      • Who taught you about money? Who was the significant person that affected your thinking about money?


    • Comprehend the effect your money history has on you currently: After classifying your past experiences and observations about money, you will next review the way this story influence your money actions and decisions. Ask the next questions below.
      • In what ways did past money experiences and observations appear in your current behavior? This includes, monetarily, your feelings, materially, faith or religion. It also includes any other affects these moments have had on your present life.
        • What is the bottom-line idea in the money story? Some examples are:
          • I don’t manage money well.
          • Too much money will decrease my faith.
          • I dislike people that have lots of money.
          • Doing work you enjoy will not make you wealthy.


  • Recondition your behavior: After becoming knowledgeable of your money history and it’s affect on your current actions, you are now ready to reorganize your thinking. One of the best methods to re-program your thinking is by placing a rubber band on your wrist and snapping yourself for every negative thought that surfaces in your mind regarding money. This works because you become upset and sore from this action. In case you want a milder path, keep a journal to record of every negative thought and prove why it’s false. Write down the instances, where your life has demonstrated the opposite.

Being completely honest, I went through this process a few times discovering deterring beliefs about money that I have accepted subconsciously through life. My parents gave me excellent money management knowledge and also implanted that financial security derives from money earned and perks. Basically, being an employee provides financial security – but this belief is not supportive for a business owner. I changed my thoughts to believe that I could depend on myself.

This practice of analyzing your money beliefs can be more significant than creating a financial plan or knowing your current financial position to decrease debts and accumulate wealth. You need a strong financial foundation which is your conscious and sub conscious state of mind.