3 Tips to Find a Qualified Investment Consultant


You should only entrust your finances to somebody who knows what they are doing. Your financial future is much too important to leave in the hands of a person who is not an experienced investor. So how do you go about finding someone who fits this description? There is no question that investment consultants are not all the same. These are people who make investments for a living. However, they possess varying degrees of skill and knowledge. This is why you should never be foolish enough to believe that all investment consultants are identical and it does not matter which one you hire.

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How to Improve Personal Credit in a Self-Employed World


Every person who is self-employed has their own business. It may not be structured with corporate credit cards, logos and personalized stationary, but it is a business. Being self-employed, however, can make it very difficult to get a loan.

Your personal finances are intertwined with business expenses and it can be difficult to show a bank or financial institution how much money you made during the last year without revealing all your costs and expenses. If you are working in the gig economy it can be even more confusing as payment for work is usually made through PayPal or other electronic bill paying services and often isn’t listed as wages.

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Help Your Business by Improving Your Personal Finances


Running a successful business is no easy endeavor. If you are going to see the best future for your company, it is important that you dedicate a lot of your time to understanding finance. This is not limited to the budget that you have for your business. In fact, your personal finances are going to have a decent impact on your company as well. Paying attention to the financial advice of experts like Don Gayhardt can be an excellent way for you to begin getting your personal finances in order.

The reason your personal finances are so important is rather simple. If you are someone who does not know how to spend your own money, then it stands to reason that you are not going to know how to properly spend your business budget. Learning how to handle your own money will also prove useful outside of your business. Look over these financial tips and see how you can get started and make a difference.

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Vacation Home Investments and Where to Make Them


At some point in life, you may start to think about finding yourself the perfect vacation home. If you often rent a place in the same spot or are looking to decide on a location that you can frequent often, it could be the time for you to make a real estate investment. Not only could this be good for your finances, but your future too. Owning or renting a vacation home can often mean that you’ll use it more because it’s always available to you. So if you’re looking to enjoy a more relaxed pace of life just a flight away, here are some hot investment choices to consider.

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The Face of Modern Real Estate Investing is Changing


The opportunity to invest in interesting real estate assets is changing quickly. Back in the 1970s, one was stuck investing in limited partnerships with questionable investment returns that collapsed after the tax rules changed. The 80s and 90s saw the introduction and flourishing of new real estate investment trusts (REITs) that made real estate investing better organized, with improved clarity on the financing side, and clearer tax benefits on profits and income paid out.

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The Role of Money in Business


There are number of things that are going to incredibly important to every business in this world. Businesses from all corners will pride themselves on different things and found policies that reflect areas of importance to each individual business owner and the business that they run. While a lot of things are important to the running of a business, it is cold hard cash that takes the top spot every single time. The pinnacle of business importance is capital. The bottom line? It’s cash. It might be known to you, but this could well be a revelation that is news to some.

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Why Every Small Business Needs a Financial Advisor


Most successful business owners are good at one thing, be it sales, marketing, or even designing a best-selling product. However, what they are not so good at is planning for the future.

When you are working hard to establish a business, it is easy to forget about the long-term future. Your only concern is to be successful in the short and medium term. You certainly don’t have time to think about an exit plan or saving for retirement. You probably don’t want to think about boring stuff like insurance, investment plans, or taxation either.

However, this is a huge mistake. One day, in the dim and distant future, the time will come when you decide to hand over the reins of your business to someone else so you can enjoy the fruits of your labor. Unfortunately, if you haven’t planned ahead, you could end up with very little in the way of retirement funds or capital.

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Importance of Keeping Your Personal and Business Finances Separate


Owning and running your own small business necessitates that you take on a dual role. You will obviously have your personal finances, but now you are adding an additional role of commercial business owner. Each role has its own needs and when it comes to finances it is crucial that you keep them separate no matter what size of type of business entity you create. IRS is very strict about making sure that you don’t intermingle your personal and business finances, including bank accounts, expenses, taxes and so on. Failure to do so can put you in hot water with IRS and lead to hefty penalty.  So how do you ensure the separation of personal and business finances?

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Weighing the Pros and Cons of Binary Options

Binary options are sometimes called asset or nothing options. One of the most outstanding characteristic about binary options is that they allow you to “bet” on a certain stock, commodity or currency whether it rises or falls, which has made it very popular with new traders. However, there is still lots of misinformation about how they work. In this article, we’re going to give you an introduction to binary options and some of the pros and cons for new traders.

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5 Ways to Build Your Credit from Scratch


For young people, credit can seem like a strange, unfamiliar new part of life. It can seem especially difficult to begin, since it is impossible to build credit without first obtaining credit. While this may seem like a reverse chicken-or-the-egg type of scenario, it is entirely possible to begin building a positive credit history immediately, even if you have never had one before.

You are not the first person to be in the difficult position of beginning a credit history from scratch, and there are many options available that are designed specifically for such cases. Unfortunately, there are also many predatory lenders that will eagerly take advantage of a young person who is not experienced enough to know the dangers of credit.

The keys to success in building your credit the right way is educating yourself, being smart and using the available resources properly. For more specific instructions on starting out in the wonderful world of credit, read on.

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