Best Lawyers for a Car Wreck

Not that long ago, I was blindsided by another vehicle while I was driving down the road. I suffered some pretty bad injuries in the accident. I am not sure how much my medical bills will be when everything is said and done, but I want to find a Sacramento personal injury attorney to help to make sure that I get the money that I am owed. I am not going to settle for less than a reasonable amount to cover the medical expenses, plus all of the suffering and other problems that this accident has caused me.

When the accident occurred, I was going through a traffic light, which I had a green light for, and the driver that hit me, was also going through said traffic light. The difference is that they had a red light and they were coming from the opposite direction. Or not the opposite direction, but perpendicular to the motion of my vehicle. They t-boned my vehicle and caused it roll a couple of times.

During the crash, I suffered some head injuries, including a concussion. Continue reading “Best Lawyers for a Car Wreck”

7 Reasons Why Americans Retire in Thailand

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Retirement can be financially difficult for many Americans. The median retirement account balance in the United States is below a level that will sustain a retiree until death. With Social Security benefits on the decline, this provides many Americans with a retirement problem.

If retiring Americans are looking to maximize their retirement, it’s a good strategy to retire to Southeast Asia, in one of many countries that offer a tropical lifestyle for a bargain. One of the most popular retirement destinations in Southeast Asia is Thailand, which offers a low cost of living and a relaxing lifestyle.
1. Low Cost of Living

The cost of living in Thailand is much lower than in the U.S. It’s possible to buy a one-bedroom home in the popular Chiang Mai area for around $50,000. A retiree can rent a similar home in the Chiang Mai area for around $500 per month.

Food, transportation and entertainment also cost comparatively less than they do in the U.S. For roughly $1,500 a month in total living expenses, a retiree can live a comfortable lifestyle in Thailand.
2. Delicious Food

Thai restaurants are some of the most popular international eateries in the

8 Ways To Find Cheap Textbooks

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According to U.S. News & World Report, the average college student spends up to $1,200 a year on textbooks. Worse yet, the price of college textbooks has increased 82% over the last decade with no end in sight.

Fortunately, college students who want to lower the cost of obtaining textbooks have some options.

1. Free

Since free is about as cheap as a college textbook can get, start with an online search at Project Gutenberg. Project Gutenberg specializes in scanning out-of-copyright books in the public domain and placing them in its library. The site claims to have more than 49,000 free eBooks, including many in Kindle format. Other free online book resources include Google Books and Manybooks.net.

Bookboon.com is also worth mentioning and includes free textbooks in PDF format, mostly in the fields of accounting, economics, engineering, information technology, marketing and management.

2. E-Textbooks

If you are comfortable reading on your computer or tablet, you may want to look for textbooks in digital form. One of the best sources for college level e-textbooks is Vitalsource CourseSmart, which advertises savings of up to 50% or more off print versions.

Another site, textbooks.com, also has an extensive e-textbook section

How Does Depreciation Reduce My Tax Bill

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After each tax season, taxpayers will receive their refunds—or end up in dutch to Uncle Sam. And, although Americans can take advantage of numerous tax deductions, the number of options can be hard to parse, or process. Fortunately, property owners can take advantage of a benefit which grants a reduction in taxes they owe. This benefit (called a “depreciation deduction”) is an easy and legal way to minimize tax liability, and property owners should be prepared to take full advantage.
What is the Depreciation Deduction?

Depreciations are income tax deductions that permit property owners to recover the cost of assets over time. The IRS makes an annual allowance for a property’s deterioration, for wear and tear, and for obsolescence—one that applies to tangible property (buildings, machinery, equipment, and vehicles) as well as intangible property (computer software, patents, and copyrights).

As with all tax rules, there are requirements and limitations. The property must be owned by the taxpayer; the deduction can’t be used on a rented or borrowed assets. Properties that have depreciated must be have been used for business purposes, or for income-producing activities. Lastly, the property must have existed for more than

End your Confusion about Mortgage Finance Now

In simple terms, mortgage financing is the process of providing finance to individuals and business entities, to secure properties, and the finance is repaid through timely and consecutive monthly instalments.

To understand the mortgage finance process, you must first try and understand the basic idea behind mortgages.

Mortgage – Definition

It is a legal agreement that conveys the conditional right of ownership of an asset or property by its owner (the mortgagor) to a lender (the mortgagee) as security for a loan with the condition that the conveyance of the title becomes void upon the repayment of the debt.

Are Mortgages Legally Enforceable?

Yes, they are. In order to be legally enforceable, the mortgage must be for a defined period, and the mortgagor must have the right of redemption on payment of the debt or on before the end of that term.

Why is Mortgage Finance Common?

Here is a list of why it is the most common type of debt instruments:

>> They have a lower rate of interest (because the loan is secured);

>> They are straight forward and have standard procedures; and

>> They have a reasonably long repayment period.

What is a Security Document?

The document by which the agreement is effected is called a “Mortgage Bill of

End your Confusion about Mortgage Finance Now

In simple terms, mortgage financing is the process of providing finance to individuals and business entities, to secure properties, and the finance is repaid through timely and consecutive monthly instalments.

To understand the mortgage finance process, you must first try and understand the basic idea behind mortgages.

Mortgage – Definition

It is a legal agreement that conveys the conditional right of ownership of an asset or property by its owner (the mortgagor) to a lender (the mortgagee) as security for a loan with the condition that the conveyance of the title becomes void upon the repayment of the debt.

Are Mortgages Legally Enforceable?

Yes, they are. In order to be legally enforceable, the mortgage must be for a defined period, and the mortgagor must have the right of redemption on payment of the debt or on before the end of that term.

Why is Mortgage Finance Common?

Here is a list of why it is the most common type of debt instruments:

>> They have a lower rate of interest (because the loan is secured);

>> They are straight forward and have standard procedures; and

>> They have a reasonably long repayment period.

What is a Security Document?

The document by which the agreement is effected is called a “Mortgage Bill of

Corporate Finance

A career in Corporate Finance means you would work for a company to help it find money to run the business, grow the business, make acquisitions, plan for it’s financial future and manage any cash on hand. You might work for a large multinational company or a smaller player with high growth prospects. Responsibility can come fast and your problem-solving skills will get put to work quickly in corporate finance.

 

The job of the financial officer is to create value for a company. For example, the finance group at American Electric Power of Columbus, Ohio has four main areas of concentration: liquidity, flexibility, compliance with laws and regulatory support. The goals of the objective are met through four main activities carried out by AEP’s Finance Department: 1) designing, implementing and monitoring financial policies, 2) planning and executing the financing program, 3) managing cash resourcesScience Articles, and 4) interfacing with the financial community and investors.

 

Jobs in corporate finance are also relatively stable while performance in these jobs counts. But it’s not like your job is going to depend on whether you’re selling enough this week or getting good deals finished this quarter. Rather the key to performing well

End your Confusion about Mortgage Finance Now

In simple terms, mortgage financing is the process of providing finance to individuals and business entities, to secure properties, and the finance is repaid through timely and consecutive monthly instalments.

To understand the mortgage finance process, you must first try and understand the basic idea behind mortgages.

Mortgage – Definition

It is a legal agreement that conveys the conditional right of ownership of an asset or property by its owner (the mortgagor) to a lender (the mortgagee) as security for a loan with the condition that the conveyance of the title becomes void upon the repayment of the debt.

Are Mortgages Legally Enforceable?

Yes, they are. In order to be legally enforceable, the mortgage must be for a defined period, and the mortgagor must have the right of redemption on payment of the debt or on before the end of that term.

Why is Mortgage Finance Common?

Here is a list of why it is the most common type of debt instruments:

>> They have a lower rate of interest (because the loan is secured);

>> They are straight forward and have standard procedures; and

>> They have a reasonably long repayment period.

What is a Security Document?

The document by which the agreement is effected is called a “Mortgage Bill of

Personal Finance Articles, Not Another One How To Change Your Mind About Your Personal Finance NOW

Many personal finance articles have been written on the issue of money.  Can’t say I have been moved to action by many.  First I’d like to say it is ok that you feel down about the current situation about your personal finances.  I give you permission to feel your feeling for the next 24 hours and then pull yourself by your boot straps and let’s what we can do.

There exist many a definition, I want to share with you  my personal finance definition:

Financial freedom is not an event, it is a skill.

I bet right now with the current economic situation you are saying to yourself, “I just wish I could the lotto!”  Boy don’t we all and yet statistics and personal finance facts show that the majority of people who win the lottery, end up broke and worse off before their winnings! Imagine that.  You among the many seeking wealth, riches, fame few people realize that money isn’t the solution to their problems;  the way you think about money is the problem and the solution.

I can almost see you going oh yeah, give me the money and I’ll show you change in mindset!

My favorite entrepreneur of all times, Henry Ford

Declutter Your Finances Put Your Wisdom to Work for You

You’ve read, I’m sure, that mental quickness declines with age (I live in grumpy denial of that fact, even though I’ve had plenty of proof). But there’s a much happier story to tell. Older people perform as well as or better than younger people on tests of financial decision-making. Our math skills might slip, but our accumulated wisdom triumphs.

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I learned this from recent research, when I was thinking about financial planning as we age. Behavioral economist Elke Weber, of Columbia Business School in New York, identified two kinds of intelligence: “fluid intelligence,” which we use to manipulate information, and “crystallized intelligence,” arising from a lifetime of experience. The fluid kind springs leaks (hmmm, what was the name of the movie I saw yesterday?). But the crystallized kind — what we’ve always called wisdom — continues to deepen right into our 70s. We get better at making judgments, not worse.

Pare down to essentials

To make wisdom work for us, we have to arrange our finances carefully. Older minds

A wake up call in the world of finance

As climate changes become impossible to dismiss, how does the mainstream investor community respond? Are financial decisions taking full account of risks and opportunities related to climate change, or is the topic still virtually ignored in financial decision-making?

The environmental effects of climate change in our modern world are increasingly convincing, and global leaders will gather soon in a major Summit to try to address the problem. As climate changes become impossible to dismiss, how does the mainstream investor community respond? Are financial decisions taking full account of risks and opportunities related to climate change, or is the topic still virtually ignored in financial decision-making? Paula DiPerna sets out new trends and momentum to answer these questions in her article, published in the current issue of Environment: Science and Policy for Sustainable Development, “Wall Street Wakes Up: Sustainable Investment and Finance Going Mainstream.”

The forthcoming Climate Summit in Paris in December comes after many years of global negotiations. During the 1992 United Nations Conference on Environment and Development, Heads of States committed their nations to improving environmental conditions and battling climate change. The result? DiPerna writes, “Some progress has been made, of course, but far too little, considering the

4 Reasons You Shouldn’t Use Your Retirement Savings as a Piggy Bank

Retirement savings are supposed to be for exactly that. Yet far too many people use their nest eggs as a piggy bank. An oft-cited reason is for emergencies, but even that isn’t a good enough excuse. Whether you are thinking of tapping your retirement savings to cover an unexpected event or you want to use these savings for a pricey purchase, going through with it can have long-lasting effects on the type of retirement you end up having.

Take borrowing against a 401(K) for example. Many employees will borrow against their 401(K), intending to pay it back out of their paycheck each month. But, if that employee decides to leave the company for a better opportunity before paying the loan back, he or she will be responsible for it in its entirety. Employees usually have 60 days to come up with the money if they leave the company. (For related reading, see: Retirement Savings: How Much Is Enough?)
Leave the Job and the Loan Comes Due

For 401 (K) borrowers who stay with their employer, borrowing against their retirement savings means there is less money working for them. And while that might not matter today, in 20 or 30 years it will

The Right Management Style for Your 401(k)

Life is full of management challenges. Whether it’s increasing the profitability of one of your company’s product lines, or getting the kids off to school wearing the right clothes, you’ve probably realized over the years that you like to manage projects a certain way. Some of us are micromanagers, where no detail can be ignored. Others prefer a more hands-off approach, where all we care about are results. So what about your 401(k)? Is your preferred management approach being properly applied with this significant asset?

Four 401(k) Management Styles to Consider

The Boss

One of the most popular strategies may also be the easiest—delegate your account to a professional manager. Whether this is through the use of a target date fund, or a managed account, many of us recognize that we just don’t have the time and/or inclination to pursue our own account management. My motto? If it’s really important, hire a professional.

Target date funds and managed accounts utilize a professional manager to oversee a diversified portfolio that attempts to maximize return for a specific level of risk. In the case of a target date fund, the risk level may be determined based on how many years remain before a given target year

6 Unique Timeshare Ideas for Rich Retirees

As the leading edge of the Baby-Boom generation moves well into retirement age, more and more empty nesters and retirees are putting additional thought and preparation into their vacation plans. For years, many vacationers with disposable income and wanderlust have chosen to invest in a timeshare, which can offer familiarity year in and year out.

But instead of resting their heads on the pillows of a four- or five-star resort, some are bedding down everywhere from catamarans to tree houses to ancient castles.

According to the American Resort Development Association (ARDA), more than seven million owners currently participate in vacation timeshares at more than 5,000 timeshare resorts in nearly 100 countries. And clearly a number of those millions have grown tired of the standard beach-and-golf destinations and are electing to explore more nontraditional venues. It’s a good time for quirky journeys.

Doing the Homework

Anyone opting for timesharing always needs to decide between purchasing a stake (“deeded ownership”) and leasing rights to the property (“right-to-use vacation interval option”). But when considering an exotic destination such as an African safari, this decision is even more critical. Put another way, do you really want to spend the next ten years returning to that tree house in

ETF Analysis iShares Globl Consumer Discretionary

Issued on Sept. 12, 2006, by BlackRock iShares, the iShares Global Consumer Discretionary ETF (NYSEARCA: RXI) provides exposure to a portfolio of global consumer discretionary stocks. RXI seeks to provide investment results corresponding to the S&P Global 1200 Consumer Discretionary Sector Index, the fund’s underlying index. RXI’s underlying, or benchmark, index includes small-, mid- and large-cap consumer discretionary companies. As of July 31, 2015, RXI has generated an average annualized market price return of 8.8% since its inception, while its benchmark generated returns of 8.76%. This indicates RXI tracks its benchmark index with a low degree of error.

The consumer discretionary sector includes companies that produce nonessential goods and services, such as apparel, media and automobiles. RXI’s benchmark index tracks the performance of companies its index provider, S&P Dow Jones Indices LLC, deems to be consumer discretionary companies and important to the global economy. To track its benchmark, RXI employs a representative sampling indexing approach. RXI may invest in a representative sample of securities included in the underlying index that collectively has a similar investment profile to its benchmark index. Under normal market conditions, RXI invests at least 90% of its total net assets in securities comprising the underlying index,

7 Reasons To Own Life Insurance in an Irrevocable Trust

People buy life insurance for many reasons, and it offers some unique features that are not found in many other financial products. For example, leverage, especially in the early years of a policy, where you pay a small premium to lock in a large death benefit or the ability to time liquidity to an event (the death benefit).

ILIT

An Irrevocable Life Insurance Trust (ILIT) is created to own and control a term or permanent life insurance policy or policies while the insured is alive, as well as to manage and distribute the proceeds that are paid out upon the insured’s death. An ILIT can own both individual and second to die life insurance policies. Second to die policies insure two lives and pay a death benefit only upon the second death.

An ILIT has several parties — the grantor, trustees and beneficiaries. The grantor typically creates and funds the ILIT. Gifts or transfers made to the ILIT are permanent, and the grantor is giving up control to the trustee. The trustee manages the ILIT, and the beneficiaries receive distributions. (See also: When is it a good idea to use an irrevocable life insurance trust?)

It is important for the grantor to avoid any

3 Tips For Finding a Job in Private Equity

Private equity is an alluring career field. Firms in the industry pay large salaries, and with the incentives and bonuses you can earn on top of your salary, the potential is there to make a lot of money, even in your first year. Moreover, the career carries a lot of prestige in the finance world. One reason private equity is so difficult to break into is these jobs are in such high demand; recent graduates compete with seasoned investment bankers and stockbrokers for precious few job openings in private equity.

The field’s controversial reputation among many politicians and pundits only serves to heighten its allure to money-hungry young people. Particularly during the 2012 presidential election, private equity firms, one of which candidate Mitt Romney served as CEO during the 1980s and 1990s, were painted as corporate raiders, or soulless suits who forced themselves on companies, eliminated jobs and cashed in for themselves. While not every deal turns out to be successful, the goal of private equity is noble. These firms risk millions of their own dollars on troubled companies and use their ownership stakes to try to make them profitable again. The executives who conduct these deals undeniably are compensated

9 Ways to Avoid Business Opportunity Scams

There are many benefits to being self-employed. Two key ones: You can set your hours and you don’t have a boss watching your every move. The problem is figuring out how to make money as an independent operator. If you don’t have your own product to sell, such as your grandmother’s amazing brownies, or a service (you’re a landscape gardener or PR expert), one common way to get into business is to sign up with a company that already has a product line, such as Avon or Mary Kay.

Avon, which sells cosmetics and other women’s products; nutrition-products supplier Herbalife; Mary Kay; fragrance-products company Scentsy; and Stella & Dot, a marketer of jewelry and fashion accessories are all multi-level, or network, marketing companies. These companies rely on independent entrepreneurs, many of them women working part-time from home, to market their products through parties, in-home shows, personal websites and other non-traditional retail settings that emphasize social selling. But what distinguishes multi-level marketing from other forms of so-called direct selling is that those independent salespeople can become distributors, earning income not only from their sales but also from the sales of people they recruit into the company.

This Is How Much You Can Contribute to Your IRA

One of the surest ways to bolster your nest egg is to take advantage of special tax breaks offered by the IRS. That basic precept explains the popularity of individual retirement accounts, or IRAs, which have long been one of the cornerstones of asset planning in the U.S.

Like employer-sponsored 401(k)s, IRAs can dramatically reduce the amount of income you have to fork over to the federal government. Investors generally contribute pre-tax dollars and the balance grows on a tax-deferred basis until retirement. Withdrawals after the age of 59½ are then subject to ordinary income tax rates.

As the name implies, these independent accounts are completely separate from your place of work. There are pros and cons to that autonomy. It’s easy to open an account at your brokerage firm, a mutual fund company or bank, for instance. (For details, see Take These Simple Steps to Open an IRA.) But unlike 401(k)s, there are no matching funds from the employer to shore up your savings. That’s why it’s a good idea to put money into a 401(k) and maximize the subsidy before you add to other accounts.

Once you’ve reached the limit on the company’s 401(k) match, IRAs are often a great place

A Guide To Rollover A 401k To A New E

Sooner or later, you will likely leave your current company for another company. What should you do with the money that you have invested in your current organization’s 401(k), 403(b), or 457 plans: Leave it in, or roll it over? Do you have a choice?

Chances are you have not been told much by your current company. Even if guidance was provided for help with your 401(k) plan you while you were employed, you may find information about rollovers strangely lacking. The good news is that moment to make that decision is flexible. You can leave your money alone or roll it over now or later.

Compare Company Plans

If you join a new company, “it is best to wait, investigate, then decide to transfer,” says Elliot G. Ford, Investment Advisor with Ark Financial in Arlington, WA, who serves organizations nationwide as a broker and consultant to their retirement plans. “Usually someone in the new company can help you understand the investments, the expenses, and the plan terms at the new company.”

Ford suggests comparing the plans’ investments’ history of investment returns and expenses. “Expenses are particularly important. Numerous studies have shown that, other than the amount you contribute, the single biggest predictor of

How Much Money Do You Need to Live in NYC?

New York City is known as the most expensive place to live in the United States. However, this perception largely comes from the presence of Manhattan, and particularly its high-demand areas, such as the Upper West Side. The other New York boroughs, such as Queens and Staten Island, while still much more expensive than average, feature significantly lower living costs than you can find in Manhattan.

The amount of money you need to live in New York City depends on a variety of factors, the most important being which section of the huge metropolis you decide to call home. Another factor that influences your income needs is your stage of life. The cost of living in New York City differs based on whether you are a student, a professional or an unemployed job seeker.

The analysis below breaks down the average cost of rent, utilities, transportation and food in various parts of New York City. Keep in mind these numbers are only averages, and the city is broad and diverse. Based on your unique circumstances, you may need to make adjustments to these figures to arrive at how much money you need to live in New York City.

Rent Costs in New York

How Tax Efficient Is Your Mutual Fund?

Though investing can be an excellent way to generate income, your earnings are probably subject to income tax like any other type of income. Mutual funds are a popular investment option for many reasons, but they can actually create a significant tax burden in some cases. Because individual investors do not have any control over the investment activity of a mutual fund, it is important to ensure your mutual fund is tax-efficient. There are a number of factors that dictate your fund’s tax efficiency, including the frequency of trading activity, the longevity of each investment in the portfolio and the types of distributions your fund makes.

Mutual Fund Income: The Basics

To avoid paying corporate income taxes on their profits, mutual funds are required to distribute all their net gains to shareholders at least once a year. The income you receive from your mutual fund investment falls into one of two categories: capital gains distributions and dividend distributions.

Dividend distributions occur when your fund includes investments in dividend-bearing stocks and interest-bearing bonds. Capital gains distributions are generated when the fund manager sells fund assets for more than was paid. For example, if the fund invested $100,000 in a stock and then sold all

Rise of Nonprofits in Private Sector

Nowadays, it’s hard to trust the guy at the office who doesn’t recycle, prints out unnecessary documents, and lacks involvement in community service activities. We appreciate authentic individual acts of kindness, and it turns out that just like profit-driven individuals won’t get many friends, single-mission businesses don’t reach many costumers either.

The rising tide of conscious consumerism and corporate social responsibility has enticed for-profit firms to integrate nonprofits in their business models. (See also: How Conscious Consumers Are Changing Business.) The simultaneous inability of the nonprofit sector to compete for limited funding has resulted in a mutually beneficial courtship between these two traditionally separate entities. In practice, the organizational structure of the hybrid business is undefined, as the mass of companies aiming towards this end is a fairly new phenomenon.

Just as nonprofits are seeking out avenues for revenue in an ultra-competitive market for funding, for-profit businesses are looking to integrate nonprofits within their business. In the past, companies have made philanthropic endeavors part of their corporate accountability mission; however, the direct acquisition of nonprofits is an innovation of 21st-century social entrepreneurs.

Nonprofits Need a New Look

In his TED Talk titled “The way we think about charity is dead wrong,” Dan Pallotta explains