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Category Archives: Wealth Management

How to Reduce Commercial Bank Financing and Small Business Debt


A growing number of small businesses are seeking advice about how to reduce debt and commercial bank financing. Because of serious deficiencies with commercial banking services, a logical and prudent approach for borrowers is to investigate the viable options for debt management and reducing their dependency on commercial debt from bank financing.

In most cases, small business owners are not openly seeking a commercial lending struggle with their bank. The increasing inability of banks and other business lenders to provide adequate amounts of business loans and working capital financing has produced this practical outcome. It seems likely that most businesses have probably viewed their business banking relationships on a loyal and friendly basis over the years. Massive changes are literally forcing small businesses to examine and revise their business financing strategies, much as seen with many other business practices.

Evaluating whether there are realistic alternatives to replace their current bank financing and commercial debt would be one possible outcome for borrowers. Refinancing debt with a new commercial lending source would be a normal and practical result. For one example, exploring business financing options to obtain working capital financing elsewhere would be smart for a business with a commercial line of credit that is about to be eliminated or reduced (as is now happening on a widespread basis).

It will be wise to explore commercial finance alternatives even in situations where owners are not being forced to acquire a new source for their commercial loans immediately. Very little notice has been provided to impacted commercial borrowers in most recent examples of banks which have revoked existing commercial loans.

Small business owners analyzing whether it is feasible to permanently reduce commercial debt and bank financing is another effective business financing option. With this approach, commercial borrowers would focus on reducing their overall debt rather than merely finding a new home for their business loans. This strategy permanently decreases interest expenses when executed successfully. It will probably also improve credit ratings for the business and its owners, and this can improve interest rates on whatever amount of business financing might still be needed.

The strategy of permanently reducing business debt is one which is likely to grow in popularity for commercial borrowers. There is a noticeable trend among businesses as well as individuals to eliminate the services of companies which keep mistreating their customers. A casual review of any number of publications reveals that this kind of mistreatment is rampant among banks lending to small businesses. Since this disturbing trend is especially evident among larger banks, one small business financing option that deserves to be thoroughly evaluated is whether it is feasible to simply find a better and friendlier (and more effective) commercial lender. To the extent that many businesses find that they still need some bank financing, certainly it seems that a worthy goal would be ensure that they find a good (effective) bank to replace a bad (ineffective) bank.

[ad_2] Source by Stephen Bush

Government Money to Reduce Credit Card Debt


The overall American economy is made up of many parts, but when individuals and families are on steady ground, it contributes to the good of the overall economy. Find out how grants work and how these funding sources may help you to get out of the debt you are in.

Finding a Grant

The first step, and probably the trickiest part for most people, is knowing where and how to find a government grant to pay off debt. Start by contacting your county government, local associations and local organizations to find out what grants are available and for what purposes. The U.S. Department of Health and Human Services helps manage, a site providing information on a wide variety of federal government grants (see Resources).

Applying for the Grant

Grant applications can be long, labor intensive and tedious. When you obtain information on a grant you are interested in applying for, be sure to read the requirements carefully to make sure that you are eligible to apply. Once you pass the eligibility test, follow the instructions for completing the grant application very carefully and line by line. Grant application review committees tend to be sticklers when it comes to awarding grant money, which means it’s imperative that you complete the application completely and correctly. It’s also important to know the deadline of the grant application. Depending on the deadline, you may have a limited amount of time to complete what can be an arduous process.

Types of Grants

While most grants are not earmarked specifically to help you get out of debt, you may be able to find grants based on a personal need, business need, ethnicity, religion and more. You can also look to local organizations and associations. These organizations receive money from the federal and local governments to fund specific projects or support specific initiatives.

Debt Consolidation

While you probably won’t locate a grant with the title “Grant for Debt Consolidation,” you may be able to locate available government money based on how you got into credit debt in the first place. For example, if you funded the opening of an art gallery and backed a local artist and this is what put you in credit card debt, then the local art council may offer grants for local art projects. While some grants require that you apply for the grant before funding the project, other grants will allow you to pay in reverse order-you pay first and pay off the debt with grant money later. You’ll only be able to pay off expenses directly related to the project and you will have to provide evidence of what you spent and what the outcome of the spending was, but it is a way to use grant money to consolidate existing debt.


Register on websites such as to find and apply for possible grants. You can signup to receive email announcements when new grants are added to the database. this helps to ensure you meet the grant application deadlines.

[ad_2] Source by Kristie Lorette McCauley

The Best Mutual Fund Investment for 2015 and Beyond


Maybe you won’t find the single best mutual fund investment for 2015, but you can get hooked up with some of the best funds around if you know what to look for. We’re talking about both the stock and bond variety here, and if you think that the best funds for 2015 will be those with the best mutual fund investment management team – think again.

These packaged investments are large professionally managed portfolios of securities (like stocks and bonds) where investors pool money by buying shares. They all charge for their services and claim to offer great service and some of the best funds around. Some tout past investment performance, claiming to have the best mutual fund investment team in the business. In the years leading up to 2015, you might be surprised to learn what the best funds really were.

Over the years a few things have become abundantly clear. One of them is the fact that the best mutual fund investment one year is rarely the best the next year. In fact it is often a disappointment, and sometimes the big loser. This is partly because of changing market conditions. For example, when high-tech stocks are hot the aggressive growth sector often sports the best funds in terms of total return. When these stocks sell off all competitors in the sector take a hit while the most aggressive (often previous top performers) get hardest hit.

Another reality is that no investment company has a track record for outperforming the competition on a consistent basis. Even the best mutual fund investment managers have years when they actually under-perform their benchmarks. Then, there’s a matter of the stock category vs. the bond category for any given year. Simply put, in a bull market the best funds will more than likely be those that invest in stocks. In a bear market the best funds are most often those that invest in bonds.

Looking at 2015 and beyond, picking the best mutual fund investment will be a challenge because both stocks and bonds have recently hit new highs. No one knows for sure which of the two will be the best funds. Neither you nor professional money managers can predict the markets with accuracy. But you can control one major factor that directly affects both fund performance and your net returns for 2015 and beyond: the cost of investing.

The best funds for the past few years have been no-load “index funds”. These are passively managed to simply mimic the performance of major stock and bond indexes vs. trying to outperform them. Since time has vindicated the fact that actively managed funds DO NOT significantly outperform over the longer term, why pay an upfront sales charge (load) of 5% (or more) to invest, and/or 2% or more in ongoing expenses and fees every year for active management? The best mutual fund investment keeps costs low, and never underperforms its benchmark, which is an index.

The cost of investing can be less than ½% per year for expenses. Period. Now let’s get more specific about the best funds for 2015 and beyond. The best mutual fund investment for stocks: one with no load (sales charge) that tracks a major stock index like the S&P 500 Index. This will perform right in line with the market as measured by the same index that actively managed competitors try to beat (and usually can’t due to their high cost of active management).

The best mutual fund investment in the bond arena: one with no load and mid-to-high quality that tracks an intermediate-term bond index. Think of bond funds (which people buy for the dividend income) like this: if you pay a 3% load (sales charge) upfront to buy it and 1% a year for active management fees… if your fund earns 3% a year in dividends you net only 2% a year and lose money the year you buy it if the share price remains unchanged.

The best funds for 2015 and beyond are of the no-load index variety. They never have a bad year relative to the market, and never under-perform their benchmark. Their low cost of investing directly increases your net return. That makes them the best mutual fund investment for your money in 2015 and well beyond.

[ad_2] Source by James Leitz

Mutual Funds in Simple Language


Companies offering mutual funds pool cash investments from individuals and organizations to purchase a portfolio of stocks, bonds and other securities. The securities are expected to appreciate in market value and otherwise produce income for the mutual funds. Thus, investors, as part owners of the portfolio, expect to receive financial gains as the funds’ assets become increasingly valuable. If you invest $1000 in a mutual fund with a portfolio worth $100,000, you own one percent of that portfolio. Investors in no load funds are not charged sales commissions when they buy into or sell out of funds. Investors in load funds generally pay commissions of tow to eight percent.

The total assets invested in U.S. mutual funds grew significantly every year from 1991-2000 to a total of $7 trillion with the economic down turn and reports of corporate scandals by mid 2002, before recovering to $7.5 trillion in 2004. Investors find mutual funds so attractive because it is easy to find one that needs any chosen financial objective and it is easy to open an account by email or phone. Remember, first of all, that the funds vary in their investment goals. Different funds are designed to appeal to the different motives and goals of investors.

Funds stressing safety include money market mutual funds and other funds that preserve capital for and reliably pay current income to fund holders. These funds seek only modest growth with little fluctuation in principle value regardless of economic conditions. An example is the short term bond fund offered by T. Rowe Price investment services. The fund’s assets are mainly low risk, U.S. corporate bonds, U.S. government bonds, and other safe short term securities that provide stable income from interest and dividends.

The bonds have short term maturities one quarter of them will mature within one year while most of the remainder will mature in one to five years. Thus avoiding longer term risk the bonds also have attractive ratings: 60 percent are rated as high grade, while 40 percent are investment grade for safety of principal. Since it began in 1984, the fund has averaged 6.75 percent annual return on investment.

Investors seeking higher returns from income and capital appreciation must generally sacrifice some safety. Typically, these people look to funds that hold long term municipal bonds, corporate bonds, and common stocks with good dividend paying records and potential for market appreciation. Mutual funds that stress preservation of capital, current income and capital appreciation are called balanced funds. An example is the balanced fund offered by T. Rowe Price.

Sixty percent of the fund’s assets are apportioned to common stocks for potential market growth in diverse industries, ranging from utilities to health care to energy. Fixed income securities for steady income, comprise forty percent of assets. This growth and income combination provides a conservative stock market falls. Balanced funds, as compared with other mutual funds, are regarded as moderate risk and moderate return investments. Since it began in 1939, Price’s balanced funds are averaged at 10.11 percent annual return on investment.

[ad_2] Source by James T Monaghan

Legitimate High Yield Investment


It’s hard to find legitimate high yield investment nowadays. Aside from scams, the high potential return of investments are also needed to be considered. Despite the many attractive online investment opportunities available over the Internet that promises appealing return of investments, you should always be careful in investigating if the investment opportunity is legitimate or not.

In any high yield investments, the degree of risk will always be there. It is recommended that investing certain amounts of money should only be enough on what you can afford to lose. Because if you were to invest a huge amount of money and yet finding out that it’s not a legitimate high yield investment, you’ll end up in bankruptcy. As a suggestion, do not invest much amount of money no matter how bright the promises of return of investments are.

With legitimate high yield investment, there are two kinds of approaches namely the active approach and the passive approach. The active approach refers to the research being done in looking for speculative investments where the investors will be the ones to collect, manage and buy the returns for themselves. Meanwhile as for the passive approach, the money is given to someone else who will handle the investments. Once the investments get successful, the profits will then return to the investors. The first step in finding legal high yield investment opportunities is to look for those programs that are very popular and obviously not operated by scammers.

Some of the high yield investment opportunities that are legal include the pyramid scheme, classic ponzi, chain payments, randomizers, foreign investments, matrix schemes, and money doublers. These investment opportunities just rely on one single idea whereas only few people are succeeding on earning profits while majority of the people who get involved just lose their money. This is the reality of the simple calculation if you get yourself involved with not legitimate high yield investment. Convince yourself that there is no such thing as doubling the money amount in an instant or from somewhere. Money don’t just come from somewhere, it is being earned from hard work. Doubler programs are not good high yield investments instead they only make people loss their money.

Individual and legitimate high yield investment opportunities are better than those of high yield investment programs according to some. It is because, it’s better to rely to yourself when it comes to profit earning. Do not rely on the idea that the profit you are going to earn rely on someone else.

Most of the legitimate high yield investment opportunities have the advantage and quality of information concerning the current events, opportunities and historical trends. With these, the probability of making profits or money is always there. Timing is also important for any high yield investment opportunities for greater success.

[ad_2] Source by Candis Reade