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There are a lot of short-sighted and impractical people around the world who fail to realize the value of their hard-earned money because they think that the gravy trains will never stop and the cash cow will live forever and that is why they do not think twice when they splurge on their guilty plea…

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5 Economic Benefits of R&D

The academe is not the only place where professionals are competing for a luxurious R&D grant. More and more, the capitalist industries of the world are relying on research and development to spearhead their various projects and lead to better and more profitable products. But what is R&D and how …

Read more

Basics of Loan and Mortgage Systems

The loan one is the cornerstones of today’s financial landscape and modern lifestyle. Almost every individual or family, in one form or another, has a loan.  The irony of course is that principals, mortgage, amortizations, refinancing are highly numerical and technical concepts and a lot is misu…

Read more

Things to Consider When Buying a New Landed Property

houses

Buying a landed property is one of the best investments that you can have. You wouldn’t only have a place to live in but it can be a great investment for the future if you plan to sell it eventually. Great thing is that there are many landed properties that you can find and there are several typ…

Read more

Why You Need to Compare Mortgage Refinance Rates

budget

Have you just gotten your new home or property? Well if you have, then congratulations! Not a lot of us have actually purchased their own property. So, that would mean that you have already saved a lot and have started to actually start with your investments. But we need to admit that investing …

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Choosing the Right Mortgage Loan Singapore and Leaning Towards Financial Stability

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There are a lot of short-sighted and impractical people around the world who fail to realize the value of their hard-earned money because they think that the gravy trains will never stop and the cash cow will live forever and that is why they do not think twice when they splurge on their guilty pleasures and squander their limited resources. I, on the other hand, believe that cutting back on my unnecessary expenditures is important if I want to safeguard the future of my beloved family because we never know what is in store for us tomorrow therefore it is crucial to build a financial safety net and nest egg to make sure that they will live a comfortable life and will want for nothing in case something happens to me, knock on wood. And that is the reason why while some people are wasting their savings and salaries on luxurious items that the material world has to offer like the latest gadgets out in the market today, sports cars imported from Europe and Japan as well as shiny bling encrusted with diamonds and other precious stones, I look for commercial property loan in strategic locations because I want to start my own business.

Some people think that I am making a big mistake and I am biting off more than I can chew or so the saying goes because I do not have any experience jostling and jockeying with other moguls in the business world but I believe in myself and I know that I have what it takes to succeed as long as I stay smart, plan ahead and avoid making bad decisions. With that said, in order for me to deal with mortgage loan in Singapore payments so that I can avoid the embarrassment of admitting defeat, filing for bankruptcy and facing my worst fears, I decided to make some major adjustments and minor tweaks in how I live my life to make sure that I am primed and ready for the long haul ahead. Aside from seeking the help of financial gurus, investing on stocks and bonds as well as putting my trust in the hands of the most successful mortgage loan company that offer reasonable, competitive and affordable payment schemes, I also tightened my belt and switched to a minimalist lifestyle.

Instead of eating in fancy fine dining restaurants and five-star hotels that charge exorbitant fees and absurd prices for their pretentious meals, I enrolled in culinary lessons and immersed myself in different cookbooks so that I can learn how to prepare different dishes and cuisines from around the world for my friends and family. This saves me thousands of dollars annually and it really helps us bond together and forge better relationships because we can spend a lot of time talking with one another and engaging in deep and meaningful conversations without any pressure because we are in the comfort and privacy of our own homes.

And instead of driving around in muscles cars and hot rods that consume too much fuel because of the powerful engines that roar under the hood, I traded down to economical hybrid cars and mini vans so that I can carpool with my friends and colleagues and lower my carbon footprint at the same time. Last but not the least, I decided to grow my own garden in the greenhouse that I built on my backyard and that is why we have assorted herbs, spices and vegetable all throughout the year which really helps me showcase my new skills in the kitchen. 

5 Economic Benefits of R&D

The academe is not the only place where professionals are competing for a luxurious R&D grant. More and more, the capitalist industries of the world are relying on research and development to spearhead their various projects and lead to better and more profitable products. But what is R&D and how does it help industries?

Definitions

First off, we need to clarify what we mean by research and development. By research, we refer to any new scientific thinking that may be used for or result to a new product or in a new procedure that will aid in the manufacturing of a new product.

When we talk about research, we can classify it into two: basic and applied research. Basic research is what is mostly done in the academe—an in-depth analysis of scientific principles to advance understanding of various laws and theories from a scholarly point of view. Applied research, on the other hand, talk about the use of such data toward application in a real-world setting. Mostly, applied research takes the form of an innovative new process of creating a product or a better product in itself.

Israel research funding is devoted toward an identical goal of product improvement. However, the more important missing fact is if research and development can achieve such lofty goals. That question is no longer “if”; the question should be “when” R&D finally reaches its goals, how would you apply it?

Not yet convinced of R&D’s greatest advantages? Read on and find out how it can help you.

  1. Increased productivity

Having an R&D producing results that your competitors cannot easily replicate is a huge advantage. In no time, you will be leaving your completion in the dust. Through R&D you will have the ability to develop more efficient assembly and more innovative products.

  1. Mergers and buyouts

Whenever there are unique ideas and efficient procedures being developed, there’s always money to be had. Buyouts, wherein small businesses sell goods and services to bigger corporations, are quite common online when there’s an active venue for exchange.

  1. Tax credit

Tax credits were made in order to encourage companies to invest on their research and development. With this, companies can begin R&D ventures.

  1. Brand development

How many times have you seen advertisements claiming that their product underwent intense research and development and had undergone only the strictest quality tests? For some, this is true, and research and development is a great way to build up your brand. Being backed up by factual R&D data, a new product’s launch can focus on the innovations on the said product and highlighting what it can give its customers.

  1. Patents

One often overlooked advantage of R&D is the procurement of patents. Once your company can “unlock” the most efficient way of doing something and successfully obtains a patent for it, your company now has the monopoly on the method, giving you the advantage in the competition.

So, what are you waiting for? Tax credits, patents, brand development, buyouts, and increased productivity: no wonder funds are coming in Israel research and development. Companies have now discovered the advantages of R&D. Don’t get left in the dust!

Basics of Loan and Mortgage Systems

The loan one is the cornerstones of today’s financial landscape and modern lifestyle. Almost every individual or family, in one form or another, has a loan.  The irony of course is that principals, mortgage, amortizations, refinancing are highly numerical and technical concepts and a lot is misunderstood about the whole loan system. To most consumers, loans are simply “buy now pay later” options that comes with monthly payments.

First, while loans is the general term for an amount borrowed, mortgage refers to a type of loan secured for and with real estate property.

Let’s say a person comes to a bank or lending institution to apply for a mortgage.  The bank or lending institution has to determine exactly the maximum amount than can be loaned to the applicant. The bank or lending institution computes this through the collateral, the property owned by the loan applicant that he, she or they  ‘offer’ as insurance that they have something of value that the bank or lending institution may take away in case he, she or they fail to pay the loan. In determining mortgage rates and value, houses, land, cars or businesses can serve as collaterals.

The bank or lending institution then determines the value of the collateral and loans 80% of the total value of the property to the applicant. The resulting amount is then referred to as the principal which is simply the total value of the loan. But since the bank’s money needs to earn considering it can only be paid over extended period plus the fact that they will use resources in processing applications, in receiving and monitoring payments, they need to ‘earn’ from the whole transactions, they impose additional amount to the principal. This is called interest which is usually computed around 2-8% of the principal loan amount. This is also referred to as mortgage rate which roughly the principal plus the interest which is divided into the number of years and months when the loan is expected to be paid and can vary from a year to as much as 25 years. The resulting amount is the amortization which is often expressed in the monthly payment or the amount that the debtor will pay over a certain period in order to settle his, her or their mortgage.

Although loan system used to operate simply in previous decades, it is no longer as simple nowadays. Before, loans were computed and paid based on fixed low interest rates paid regularly over considerably long periods as much as 30 years. The introduction of the adjustable mortgage rate system in the 80’s also introduced the concept or repayment or loan readjustment system. Under the adjustable rate scheme, banks and lending institutions could offer lower interest rates for an initial year but can adjusted these rates every year for as long as the loan is unpaid which is why mortgage rates today can change year in and year out. The new mortgage rate adjustment system also introduced a number of mortgage rate and refinancing services today that can pay for a loan secured in another institution and provide debtors to lower mortgage refinancing options for debtors.

Things to Consider When Buying a New Landed Property

houses

Buying a landed property is one of the best investments that you can have. You wouldn’t only have a place to live in but it can be a great investment for the future if you plan to sell it eventually. Great thing is that there are many landed properties that you can find and there are several types including terraced houses and semi-detached houses. If you want to purchase a new launch landed property in Singapore below are the things that you need to consider.

Price

One of the most important things you need to consider is the price of the new landed property in Singapore. You have to make sure that the property is worth the price and that you will be able to afford it. With a lot of landed properties to choose from, you can narrow down your choices if you set a budget and stick to it before searching for new landed properties. In this way, you will prevent yourself from overspending and you will also be able to avail the best deal. You should just spend your time in searching and be patient until you find the property that you really want to purchase.

Neighbourhood

When buying any property, one of the things you need to consider is the neighbourhood. You have to make sure that the property is in a safe location because you would never want to compromise you and your family’s safety. It is also great if the new landed property launch in Singapore that you are eyeing on is near to commercial establishments and facilities such as shopping malls, parks, schools, offices, and other companies and businesses. You should also consider its access to public transportations especially if you don’t have your own vehicle to use when commuting from home to the office.

Structure

Another consideration is the structure of the landed property that you will be purchasing. You have to make sure that it is built with high quality materials and the structure is sturdy and long-lasting. Never purchase a property that has weak foundation because accidents might happen and you will end up regretting your purchase. Find out about the developer’s background and past projects so that you can figure out whether if they are worthy of your trust and money. You can also read reviews and testimonials by people who already bought a landed property from the same developer or the same property that you like.

Size

New landed properties in Singapore are available in different sizes which is why you will surely find the one that will be perfect for your needs and wants. Check the units that are offered by several developers and choose the one that will comfortably accommodate you and other people who will be living with you. It will be better to choose just the right size of landed property so you won’t spend too much by buying a huge unit or be uncomfortable by purchasing a tiny unit. Make sure to visit several landed properties so you will be able to see its actual size before coming up with your final choice.

Source: https://theinsuredlife.wordpress.com/2018/04/10/things-to-consider-when-buying-a-new-landed-property/

Why You Need to Compare Mortgage Refinance Rates

budget

Have you just gotten your new home or property? Well if you have, then congratulations! Not a lot of us have actually purchased their own property. So, that would mean that you have already saved a lot and have started to actually start with your investments. But we need to admit that investing is never easy. You would need to talk to a lot of people and to manage your finances.

Why not? If you go ask around with regard to financing, they will tell you that one of the best things you would buy would be properties. They actually grow in prices every year. So, if you’re going to ask when the best time for you to buy them is, everyone would tell you that the best time is now.

Why Do I have to Invest?

Most people will say that buying properties is not in their priority list yet. We perfectly understand that. A property is something much more of a responsibility than a “fun” asset. It is an asset of course, but it is something you would need to pay off for a couple of years. This would mean that you would have to work a little harder or be a little thriftier. And you know what our generation see as an investments: things that they can enjoy almost immediately. But really, if you do want to step up your financial gain, then just talk to your agent on how you can go about buying the best properties there are.  Moreover, if you just know how to plan, you would be able to turn your newly bought land into an income generating business.

First Things First

But before we get all too excited on acquiring and then turning these into business ventures, let us talk about how to go about paying them. If you have already purchased one, then it’s most probable that you have ready monthly amortizations. And we know just how challenging that could get. So, here is something we would suggest for you to be able to pay off your debts faster. Try consulting financial planners regarding mortgage refinance rates.

Refinancing is the process of talking to a financial planner to consolidate all your debs and planning on how to pay them off faster. This is like this, you would be loaning a much bigger amount of money to pay off what you are currently in debt of. So, it is like owning money from one source only. This way, you can better pay your loans and at lower prices.  But here is what you need to know: you would need to compare mortgage refinance rates.

Why Do I Have To Choose

Mortgage refinance rates today fluctuates so you would have to choose the one with the lowest interest. This is because the goal here is to make paying easier for you. Thus, it is but wise to compare and choose which financial provider can even offer you better payment options. Remember, you can get this between 4-6%. Choose the lowest.

Source: https://theinsuredlife.wordpress.com/2018/04/01/why-you-need-to-compare-mortgage-refinance-rates/

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