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Whether you’re looking at mutual funds or exchange-traded funds, Vanguard investments are quite popular. There are of course other fund families that are popular picks, too. However, Vanguard is highly recommended and is often the choice of robo advisers. Are you familiar with robo advisers?
These are online sites that provide people with a brokerage account and invest their money in exchange-traded funds. The commissions are kept to a minimum, but the funds offered are also kept to a minimum. One of the robo advisers, Acorns, has a Nobel Prize winner on retainer that selects the funds used for the investment app. When it comes to government and corporate bonds, he strays from Vanguard, but Vanguard funds are otherwise the only ones selected.
Betterment and Wealthfront also use Vanguard funds, but they mix in other types of funds as well. If you’re looking at investing in these types of funds, you can do so with Vanguard directly, too. There are more Vanguard funds than you might think, so if you want to pick and choose, you’re not going to want to go with a robo investment app. They will, of course, choose for you, with the exception of the allocation of your funds according to investment risk.
When you’re looking at all the funds Vanguard has to offer, you might find it difficult to decide which ones to put into your investment portfolio. That is when it pays to look more closely at the funds and also narrow down the list by seeing which funds are recommended by top market analysts. For example, one of the top investment sites out there has a listing of the top 10 Vanguard funds.
Just remember that you want to look at many factors before you decide on which funds to put in your portfolio. Narrowing the field by looking at which ones are considered the top-rated funds is a good first step. Then, you need to start looking at what makes up each fund. For example, VDIGX is a fund that invests in dividend stocks. While each fund is diversified, you’ll also want to diversify your portfolio in general by selecting funds in different asset categories.
Not only can you look to see how the funds are ranked, but you can look at their ratings, too. For example, on that authority site, I see that VDIGX is given a grade of A+, but this site assigns another grade too, known as the ‘risk grade.’ When you select funds for your investment portfolio, you need to be looking at your own risk profile to determine which funds fit the criteria.
Maybe you’re close to retirement, and a growth stock fund isn’t something you’re interested in when it comes to your investment goals. Now, when selecting funds, it’s also important that you look at the track record of those funds. How many years have the funds been around? Moreover, what is the rate of return over the last year, five years, ten years and beyond?
If all of this seems overwhelming to you, that’s why those robo advisers are getting quite popular. They not only know how to automatically diversify your portfolio with certain types of Vanguard funds, but they know which funds are top rated. They have done all the homework, which means all you have to do is deposit the money. Of course, there are still commissions charged, and doing your own homework can save you from having to pay those commissions.
Now, what you can do is look at what these robo advisers offer and then model your own portfolio after them as you invest with Vanguard directly. It’s up to you how you want to handle your investing, but you’ve been told what to look for in a good Vanguard mutual fund or exchange traded fund. ETF’s are known for lower commissions in general, but they can also be more volatile at times.
The main point here is that you need to be investing for your future. Furthermore, Vanguard Investments is a leading company when it comes to funding choices. Familiarize yourself with what they have to offer and what you need to do to start investing and saving for retirement.Read More
Light-emitting diodes (LEDs) are often touted for their long life and energy efficiency. True, these are two important considerations when selecting a lighting system for your home or office. But there are many other factors to consider. Financial considerations always play a big part in your decision when buying the most appropriate lighting system. This article provides information on the most important advantages of LED lights.
5 Most Important Advantages of LED Lights
1. Impervious to vibrations
LEDS are largely impervious to vibrations since they don’t have glass enclosures or filaments. The lifespan of incandescent and discharge lamps can be largely affected by vibrations when used in industrial settings. This is why LEDs are extremely helpful in transportation systems such as trains, planes, and automobiles as it can resist the vibrations when used in these applications. LED lights also offer resistance to breaking during transportation, installation, storage, and handling.
See also: Comparison Chart – LED Lights vs. Incandescent Light Bulbs vs. CFLs
2. Provides full brightness almost instantly
Most fluorescent lamps will not provide the full brightness immediately after being turned on. These units can take more than three minutes to reach its full output. On the other hand, LEDs turn on almost instantly. This is quite beneficial to high-security installations. It is also important for vehicle brake lights. LED lighting systems illuminate 200 milliseconds faster compared to standard incandescent lamps. This will help provide an additional stopping distance of 19-feet at highway speeds of 65 mph.
3. Unaffected by the negative effects of on-off cycling
LEDs are impervious to the negative effects of the on-off cycling. The high starting voltage erodes the emitter material that are coating the electrodes. Thus, the lifetime of fluorescent lighting systems is reduced when the rate of on-off cycles is increased. But LEDs have an advantage in this department compared to other lighting systems. In fact, there is no negative effect on the LED’s lifetime due to these reasons.
4. Effectiveness in cold temperature
Cold temperatures usually present a challenging environment for fluorescent lamps. But LED’s efficacy would increase when operating temperatures drop. This is why LED lighting systems are considered a natural alternative to cold storage facilities, freezer cases, and refrigerators. CALiPER testing of LED lighting under cold temperatures measured a 5% increase or higher efficiency at -5C compared to the operation at 25C. Dimming is another area where LED lighting systems score highly as LED lights are easily dimmed, but great care must be taken when used between different hardware devices. LEDs have better dimming performance when compared with CFLs (limited range) or HID lighting systems.
5. Capability of mixing multiple types of chips
One of the most important advantages of LED lighting systems is the ability to mix multiple types of chips in a single product. Blue, green, and red chips can be combined to make white light. The different shades of LEDS can be combined to create light with varying colour temperatures. LEDs do not emit much infrared and ultraviolet radiation compared to other lighting systems out there. This helps increase the efficacy of the system and reduce the potential for undesirable consequences. These are some of the most important advantages of LED lighting systems.
You’ll want to do more than just save money if you want to plan for a strong financial future. Even though savings can be beneficial, you won’t wind up with much more than you already have. The interest rates on savings accounts won’t provide you with that much money.
While you should continue to set aside some money to put towards savings, you should also set aside money to invest. Your investments should be able to grow very quickly. You can quickly turn a little bit of money into a big pile of cash.
Here are a few of the things you should try to remember as you look at your investment options:
Don’t Invest Everything You Have
Investments are a risk. While a lot of popular investments are low risk, you should still make sure that you’re protected if your investment doesn’t turn out the way you want it to.
Don’t invest all your savings into something. Instead, try to have an investment fund that’s separate from your savings. If your investments go well, your savings should grow exponentially. If one of them falls through, however, you’ll still have plenty of money to fall back on.
Don’t Put All Of Your Eggs In A Single Basket
A lot of people think it’s smart to put all of their investment money in the same place. After all, that will give them more money to work with. However, most experts recommend making several different kinds of investments instead.
The financial market goes through various changes. You want to be able to make money no matter what the market is like. Find all kinds of ways to invest. That way, you’ll always have extra money rolling in when you need it.
Take Your Time
A lot of people jump into investing without giving it much thought. They try out something that sounds promising, like forex investing, and wind up losing a lot of money as a result.
When you’re making an investment, it’s always best to take things slow. Research the investment method and make sure you do things right. If you’re interested in forex, for example, you may want to spend time with a demo account before you spend any money on the real thing.
Even though making multiple investments is smart, you don’t want to jump into everything at the same time. Start out with a single kind of investment. If that goes well, you can put some of your earnings towards an additional investment. Keep that up until you have several additional sources of income. You’ll be amazed at how much money you can earn if you approach investing with care.
Talk To An Expert
If you want a clear look at your investment options, you’ll want to get some advice from an expert. Make an appointment with a financial adviser. They should be able to make a number of investment suggestions that will help you to grow your number further.
You will also need to help of an expert if you want to pursue certain kinds of investment options. As an example, you’ll have to work with a broker if you want to invest money on the stock market. There are some kinds of investments that you can’t do on your own. You might need help if you want your investment to succeed.
Figure Out How Much Work Your Investment Will Require
Sometimes, people make an investment without considering how much time and money it will really cost them. A common example of this is real estate investment. Someone may invest in a property with the intention of fixing it up and flipping it for a profit.
However, some kind of investments requires more time and money than the average investment has. If you have a full-time job to worry about, you may not be able to handle a real estate investment.
Before you make any sort of investment, figure out how much work it will really require. How many hours will you need to put in each week in order to make your investment a success? What will happen if you ignore your investment?
If you don’t have a lot of free time, look for an investment that will require minimal effort on your part. An investment that requires time you don’t have will wind up being a waste of your money.
Investing is something you need to be careful about. Even though investing can be very beneficial, it definitely has its risks. People who don’t show caution may run into problems.
Once you’ve considered all of your options, you should be able to make some smart decisions. You have a lot of different investment options available to you. It’s up to you to determine what the best choice available is.Read More
Investors can invest in a number of ventures such as pre-existing businesses, Forex trading or even real estate. The most common type of investment, as we’re starting to find out, is real estate ranging from turnkey condo complexes to smaller, single-family homes. As the economy and the real estate market changes, one thing that investors can be assured of is that property prices will still retain their values (if chosen wisely) and will provide a good return on the investment– whether now or years later depends on the area.
Of course, as with any other type of an investment, there’s the possibility of failure, especially if the investor didn’t do their homework. Not all properties are going to retain their values and if the home isn’t in a desirable neighborhood, renting or selling can be a seemingly impossible task. But, if you persevere and make wise choices, here are a few reasons real estate investment could be right for you:
- Ongoing Cash FlowOf course, the most common reason that investors invest in real estate is because it provides an ongoing cash flow for years to come. Since you’ll have solid passive income that you can easily depend on, you can focus on building a career, traveling or opening your own business.The reason many people choose real estate is because it’s fairly easy to get started and pretty much everyone can make the decision to invest, depending on their budgets, of course. If you ever hit a rough patch in your life and you don’t have enough money to pay your bills, real estate investing can tide you through.
- Your Property Will Appreciate In ValueMost investors choose to purchase a property and rent it out for a few years until the mortgage is paid off. The fortunate thing about owning an investment property for years is that the price will appreciate in value. Sure, the economy may take a turn for the worse, property values may decline in a neighborhood or a number of unforeseen circumstances may happen, but if you hang onto the property, it will eventually appreciate in value.With that being said, it’s important to know where you’re pouring your money. If you’re hoping a downtrodden neighborhood will ever turn around for the better, think again. You need to find a family-friendly area where you know people will find it desirable to live years from now.
- Protection Against InflationThe price of things we purchase regularly such as gas and groceries will continue to rise over the years. The problem is, that meanwhile, prices of items we need will increase, the value of money earned through work will decrease. One way that you can combat the crippling effects of inflation is by choosing to play it smart and invest in real estate.Your fixed-rate mortgage won’t increase on the property, but the value of your property will. Since inflation will ultimately increase the costs of living, that means you’ll have more money flowing into your pockets.
- You’re Not Responsible For Mortgage PaymentsWhen you take out a fixed-rate mortgage loan for your property, you’re not the one saddled with the responsibility of having to pay it back. Each month, the tenant you rent the property to is responsible for making payments on time, therefore, you’re one step closer every year to paying off your mortgage.30 years from now or whenever your mortgage is completely paid off, you will have a piece of real estate that is completely debt-free. Of course, it’s important to screen your tenants and check their credits because you need to make sure that when you rent your property, the tenant is actually going to be making prompt payments.
- You Control Your FinancesIf you’re employed by a corporation or an important law firm, you have absolutely no control over the outcome of your future. Though most people don’t count on getting laid off, it can always happen to you, even if you’re not prepared for it. To avoid taking a massive hit should your career take a turn for the worse, you should invest in real estate.Many investors like the fact that real estate investing allow them to control their futures. For example, if competition increases in the rental market, you can still control the outcomes by increasing your advertising efforts. Should the value of the property become affected, you still have the opportunity to make the necessary repairs and renovations to increase its value. At the end of the day, it’s the number one way to know what the future holds.
Most people are terrible at saving money and even worse at making wise investment decisions. Fortunately, real estate investing is the one place where everyone can do minimal research and still come out on top. Your real estate investment can be the perfect gateway to a peaceful retirement.Read More
A fund manager is a professional who manages assets or groups of assets. These could include bonds, shares of stock, and other kinds of securities. It could even include assets like real estate. Typically, these fund managers have certain goals they have to meet in order to please groups of investors.
Fund Management Vs. Asset Management
Asset management: This term usually refers to managing a collection of assets.
Fund management: This is a more general term that could be used to describe managing different kinds of institutional investments or managing funds that private, individual investors hold.
Money or portfolio management: This term is usually applied to asset managers who work for private investors.
Information That Fund Managers Use
Whatever they call themselves, all of these fund managers use similar tools to gather, analyze and share information about investments. These tools may include the following:
- Financial analysis of company financial statements
- Asset and stock selection
- Ongoing monitoring of how well assets actually live up to goals
The Size Of the Fund Management Market in the USA
A number of assets that are professional might astound some folks. According to a study by one consulting firm, the total number of assets that were professionally managed amounted to $62.4 trillion by 2012. This was an all-time high.
Despite how large this market is, there aren’t a huge variety of funds that are commonly used. These are some statistics to support this point:
- The number of funds totals about 70,000.
- Just about 99 percent of all American investment money got invested into only 185 different funds.
- Even more surprising, over half of all of these fund managers say that most of their investment dollars get invested into only three different funds.
Fund managers may also specialize or cover several different aspects of this field. For example, some mostly do research, others make deals and settlements while some may spend most of their time preparing reports for and meeting with clients. Big fund management companies are very large and complex, but there are self-employed fund managers who cover a variety of aspects of this profession by themselves or with a very small staff.
In any case, the amount of funds that fall under the protection of these managers has grown substantially. These are some examples of these different kinds of funds broken into various types:
- Conventional assets: About $80 trillion
- Pension: About $30 trillion
For pension funds, for example, there was an almost even split between mutual and insurance funds.
Compliance Reporting for Fund Managers
The government has begun to get a bit more involved in the way that these funds are managed. There is some talk they may get more involved in the future. That means that fund managers must be careful to guard sensitive information and make necessary reports to the government at the same time. In the US, fund managers control a great portion of the country’s wealth.Read More
There are financial experts that will tell you that people need to follow a certain plan of action when they save money, but each person is different. Even those experts will, of course, acknowledge that, but they still tell you things like save up your emergency fund first and max out your IRA or 401k contributions before funding other investments. Finances are different and unique to each person. I do agree with saving up an emergency fund, but there are still different ways to look at this.
For example, I use an app that invests my money in ETF’s, and if I ever want to withdraw my money, I simply withdraw my money. It’s that simple, and if anything is needing immediate attention, I use a credit card. There are some financial experts that would tell most people not to even use a credit card. Do you have control over your finances? Some people aren’t able to stay in control of their credit, and I wouldn’t recommend those people using credit at all.
When it comes to financial investment advice, what you have to do is write down your goals and objectives. How old are you? What type of investments do you like? You need to have an open mind, but again, everyone has their preferences. Investment options are always changing, so that is another reason why there is no one-size-fits-all strategy.
A few years ago, I wouldn’t have been able to use an app like the one I use to invest my spare change. One of the most important things I’m going to tell you in this article regarding investment advice is to stay the course. Don’t go from investment to investment trying to make a quick buck. Analyze those goals you wrote down, think about what investments can get you there, get serious about putting money away for retirement and stay the course.
Mutual funds and exchange-traded funds are especially not investments for people to use for a few months and then cash out. To realize the best returns from the compounded interest and dividends, you need to stay invested for years and build. You can instead make an initial investment and leave it sitting there, but who has that kind of money laying around?
Some people do have quite a bit of money to invest, but you don’t have to in order to get started. The market is just right for the small investor these days, so don’t feel intimidated. You can simply sign up for some accounts without even depositing any money. Once you are familiar with the platform, you can then make a deposit and invest as little as five dollars at a time.
You do have to think about commissions, but my point is my investment advice is to simply get started and stay the course. That is what derails so many people. They don’t get started, and then when they do, they don’t get what they expect so they quit. You have to realize that investing is a long-term activity. If you’re wanting to make money quickly from throwing money at an investment and getting back a return, put your money into real estate and hope for the best.
If you want to be an investor, be a classy investor that puts his money in there and continues to build a nest egg. It’s about retirement, and it’s about getting ahead with your finances and not spending your money and switching it from account to account all the time. As for individual investment choices, you’ll win some and lose some, but if you invest wisely, overall you will have a nice rate of return.Read More
Like gold, investing in property has always been considered to be a sound investment and a good way to turn a profit. However, it can also result in huge losses if you don’t know what you are doing. Here are 4 factors that must be taken into consideration before purchasing a property as an investment:
- The Investment Period
- The longer you hold onto a property, the more likely you are to make a profit. However, you also need to know a little bit about the property market in order to gauge the best time to sell and the best time to buy. It should go without saying that you want to buy when the market is low and sell when it is high.If the property market is in a downward spiral, it is best to wait it out before selling but this is the best time to buy. If the market is looking rosy, this is the time to sell but not optimal for buying.
Some locations are more desirable than others for investment, however, these properties are often more costly to invest in. In the long run, properties that are better located can be more profitable but could result in a lower turnover in a short period.Good locations for property investment are often new or developing areas. These properties can be attained at a fraction of the cost that they can be sold for. Once again, prediction plays a role in the success of an investment and being able to forecast which areas will become desirable locations in the future.
- Property Development
Unlike property investment, property development can provide a much quicker profit but it is far riskier and complicated. It is advisable for individuals who are new to the property investment game, to stay away from property development until they have gained a better knowledge of how the property market works.This includes undeveloped properties (property with no buildings or structures) as well as properties that may require some work in order for them to be sold at a profit. If you do want to get into the development game, it is necessary to evaluate the cost of building or renovating vs. the likely profit that will be made.
- Renting The Investment Property
Renting an investment property is the best way to ensure that a profit is made not only from the sale but from a monthly income. It is important to ensure that the rental amount covers the cost of a mortgage or loan repayment, rates, taxes, water & lights as well as any other levies. If these amounts are not covered, you, the property owner, will have to cover these costs out of pocket meaning that the investment runs at a loss instead of a profit.
It is also essential to find good, reliable tenants who will not damage the property and ensure that their rent is paid in full, on time every month.Read More
Who needs to know anything about investing these days with all the companies willing to charge minimal fees and do all the work for you? Other people may not see this opportunity so lucrative, especially if they want to invest in certain types of securities and not be subject to the choices of a company, but I’m telling you it’s a great deal. I have long been studying investing, and while the stock market and markets in general seem to be anything but stable in the last decade and a half, there are still so many great opportunities out there.
When I first started out investing, I was walking into an Edward Jones office and handing over a money order to buy shares of a mutual fund. Online accounts were subsequently made more widely available, but the tools and resources that came with them were rather scarce at the time. For a few years after that, companies began offering more options for people wanting online account access to manage their portfolios online.
And then came the online discount brokerages. Online investing took a whole new turn after that, and essentially, it was born. It was available in a different way for the first time. People could easily make trades online, and they could be their own financial advisers. I took advantage of doing that, and of course this lowered the commissions I paid on trades.
Fast forward a few more years, and new online brokerages kept sprouting up. Then companies kept trying to change the investment world, seeking out ways to use online tools and resources to help automate investing in a way. Now the top companies are using software to help make investment decisions, manage portfolios and make trades for clients. They are also offering even lower fees based on a different type of investing.
There are companies out there now offering a chance for consumers to invest in ETF funds and pay barely anything at all to have their portfolios managed by the company. Of course considering the setup, while innovative, there isn’t much managing required. I have also jumped on this bandwagon, having found a company a year after its startup that I truly think is a winner.
What type of online investing do you do? If you’re not participating, you’re giving up your chance for a higher rate of return. There are other investment choices, but while the economy may not be what it used to be, I still enjoy investing.Read More
All business resources have employees who have different requirements in both reporting time and duties carried out. Some may work on night shifts, weekends or even part-time. This means the number of working hour and pay is different for each and every employee. The nature of task that each employee involves in also differs from one individual to the other. Some employees may require more overtime than the rest. Therefore, the most updated version of monitoring employees’ daily and weekly hours-login as well as keeping up-to-date records of their check in and out is required. This is in order to determine their pay efficiently and effectively.
Manual tracking systems such as paper time sheets are often prone to errors and at times very cumbersome. Modern technology-based systems, on the other hand, employ the concept of intelligent clocks and use of mobile applications. It helps to keep employees updated with time management. This technology-based system also uses magnetic swap cards or other identifications forms to monitor entrance and exit movements of employees. In general, the systems are beneficial in so many ways. Here are some of the benefits of having time and attendance system in your business.
Helps ensure business compliance with federal, state and as well as the local labour laws. Provision of detailed reports on labour expenses enables the business to remain on the safe side of the law which regulates overtime records and their pay. This saves the company of several dollars from possible lawsuit due to inaccurate time and attendance tracking.
Provides accurate record
Having electronic time and attendance system maintains accurate time and attendance tracking. It also provides easy and orderly approach in addressing employee issues without confusion. This ensures that the employers incur the right cost in paying their workers by paying only for the actual time worked. It also notes the scheduled working time or hours as employees are always prone to both unintentional and intentional mistakes. This is especially true in rounding off of their work time figures.
The time and attendance system helps track full-time business issues by taking care of all business scheduling of the company. It also provides effective management of all employees’ schedules as well as in dealing paid-time off calculations. The system is also useful in monitoring of overtime expenses. Thus, it helps reduce overtime pay costs. This is because keeping perfect offer time alerts could be an effective way to reduce unnecessary and unprofitable overtime working hour.
Choosing an easy to use monitoring system can help cut down administrative time. It also manages and reduces maintenance and capital expenses. Additionally, it allows human resources to focus on more serious issues other than the payroll issues. Elimination of some daily legacy activities is also viable in electronic time and attendance system. This helps free up employees’ time and reduces staffing issues. Thus, it provides time for effective management of the crucial production activities.
Having a system with mobile capabilities helps cater for employees working outside the office. This is possible through integration options and the GPS locators used by employees. It gives remote details of their specific locations, enabling monitoring of the same. Such systems can be integrated with mobile software, applications and other existing payroll programs. At the same time, it provides real time and detailed information.
Access for employees
Letting employees see their time records will equip them with knowledge of how well or poor they utilize their working time. This could help them work on correcting their inefficiencies. It also raises employees’ morale and work satisfaction. Employees are happier and satisfied when their time and attendance information is kept accurate as the same will be manifested in their payroll. It improves the employer- employee relationship and gives the employees safe access to their personal data.
All in all, there is a lot that is involved in proper time and attendance recording system that the daily employee checks in and out. There are numerous benefits maintaining a state-of-the-art system. This covers all from correct tracking and ensuring all law requirements are met. However, the overall advantage is that of added business financial insight.Read More
Each day, more and more people all over the world take part in the stock market. With the popularity of the internet, it is no secret that most people who purchase stocks do so online. With the added convenience of trading from home and the plethora of valuable information at your fingertips, there is actually no need to hire a broker these days.
For one thing, it is a lot cheaper to buy stocks online since there are many companies that offer flat rate fees. This is very enticing and makes you want to dive right into the stock market. Secondly, there are a lot of good online tutorials that can teach you the basics of investing in the stock market. But really, the most important advice for anybody who is thinking about getting into the stock market is to know that wisdom comes with experience.
Whether it is from your own wisdom for years of investing or you get it from some stock market gurus, it is important that you have the right tools when you make these investments. You never want to just go in blindly and place your money in different areas if you have no clue what you’re doing, right? Now, if you’re extremely rich, then maybe you can afford to throw a few dollars here and there without much thought. But for the majority of us, we need to think before investing our hard earned money on a stock.
One of the drawbacks in investing online is that it’s all too simple to make an investment. After awhile, you come to believe you’re an expert because you have all the charts in front of you and you think it’s all too easy to cash in on stocks. But that is hardly the case, especially if you get lucky in the beginning. You still need to be prudent with your money and have a long-term strategy in mind.
A stock broker understands the ups and downs of the market. That is why he or she is a good teacher. When you invest online, you are foregoing this great advice for really your own intuition. Sometimes you will be right and sometimes you will be wrong.
Make sure you investigate all of the online trading platforms before putting in your money. Some of these online investment houses may seem like good deals, but you could get hurt in the end. Read all the rules, know what you’re getting involved in and most of all know that you can lose a lot of money!
Buying stocks online can be a good learning tool since you take an active look at the business world today. It makes you want to get more involved in what’s going on in the stock markets around the world. In a way, that is a very good thing. With more people involved and paying close attention to the business community, perhaps as world we would be in much better financial shape. Lately though, it’s been a very tough economy. So therefore, be careful when you decide to invest your money.Read More