How to make money from unit trust?

Author:

Max Chin
Due to poor law enforcement by regulator and unethical selling technique employed by some unit trust agent, some member of the public had in fact lost confidence to the industry itself. When an investor being approach by a unit trust agent or personal financial executive, the very first response the agent will get might be 'unit trust? i don\'t believe in it' sad to said this investor do not have the knowledge and understanding before making such a statement; but true enough some investor are being taken advantage of by some agent or personal financial executive that do not provide sufficient information to the investor to make a sound decision which lead to a remark like this; now i will explain how an investor like you and me can make money from unit trust in a smart way.


The first thing investor need to do is, ask yourself one simple question 'Am i really prepared to make mid-term and long term investment' while most investor do not understand that for most unit trust investment it has to be long term investment commitment and not a short term commitment as claimed by some agent who simply wanted to make some commission out of your pocket. Investor need to understand that for every transaction, there will be a 'service charge' that is chargeable by the financial institution or bank every time investor wish to make a 'top up' investment or on first investment, in Malaysia usually it will ranging from 0.25to 5.5depending on the type of unit trust you purchase and thus the moment investor buy in some margin already being taken by the financial institution or bank, plus an annual fund management fee that is chargeable every year these annual management fee ranging from 0.375to 1.80that will be deducted from the units that the investor hold during the tenure; in addition an annual trustee fee is also payable ranging from 0.035to 0.08depending on the type of funds investor invested in. With all this charges it is understood that for the fund to realize profit it have to be a long term investment for the fund to growth for some times then only investor can realize the profit from these investment.


Secondly, investor can also make money from the basic concept of 'buy low sell high' concept; during the economic crisis in the globe due to fall of US economy some investor that is smart enough realize that 'for some to fall there will be some who rise as well' and take the opportunity to invest. The same can be apply to unit trust as well, when economy fall most unit trust price starts to fall as well and thus investor who have some cash in hand might want to utilize this opportunity to buy some units at a much lower price compared to when the economy is doing good, it is because the interest rate for many country during turbulent time will be lowered and thus the lowered interest rate might not generate better return in the bank fixed deposit than in the unit trust. When the economy recovered back to its benchmark investor then can sell off the units to realize the profit of the price difference; but however the degree of the fall in price varies across all fund because each fund invest in different area and thus the degree of price fall will also varies.


It is also important to note that investor must look understand that some funds provide dividend for its investor, some will release dividend quarter, half yearly depending on the structure of the fund and thus it is important for investor to realize this and thus placing your long term investment in some of these funds to earn the dividend given and the difference between bid- offer; here bid refer to the price given when investor sell the units whereas offer refer to the price given when investor buy into units. If investor stay long enough and buy into the unit at the right time then the investor will be able to earn better return; here the 'right time' refer to buy when the price are lower or middle range and thus the return for investor will be much greater than those who buy at the peak price; investor must also check out the master prospectus or proposal for the fund u invested in to examine its past prices and to check on several factor such as where the fund invest in, unit price trend, investment objective which is vital for investor to make sound decision.


Some investor might ask since there are so many charges payable, can i still make money from unit trust? The above explanation did provide you some insights. But it is important to understood that buying unit trust from a reputable company does not provide a 'guarantee' chance that the fund will make money for you, as it is always stated clearly that 'past performance is not an indication for future performance'  as a smart investor you need to know that some studies is inevitable if you want your money to work harder for you; there are several key factors that investor need to study on before making any investment decision on any fund, and what will that be? I will do the sharing in my coming article.


As a conclusion, investor can make money from unit trust by bid- offer price difference as well as dividend given by the fund manager; and if manage properly unit trust can be one of the good choice to diversified your long term investment.






























Article Source: http://www.articlesbase.com/wealth-building-articles/how-to-make-money-from-unit-trust-3774441.html
About the Author
The author had past experience working in the financial industry and are constantly studying the industry for years being investor himself the author writes with good understanding of the industry as a whole. for more information please visit the author homepage at http://financialmarketguide.blogspot.com/

Cheap auto insurance is increasingly hard to find

Author:

jollysmith
There\'s a remarkable difference between the premium rates charged by insurers in different states. Because there are no national insurers, it\'s actually quite difficult to compare state with state. But the overall picture is that, without there being much competition in each state, some states can have an average premium rate $1,000 more than the cheapest states. When you ask experts why there should be such wide variations, the answers come in two basic flavors. The first focuses on the legal systems. Some of the most expensive states are no-fault, i.e. everyone must insure their own vehicles and provide adequate cover against medical expenses. Once you add in the mandatory personal injury cover, the total package is always going to cost more. The second reason is the persistent refusal of states to enforce laws relating to driving.

In all but three states, carrying a minimum amount of liability cover is mandatory yet, in many states up to 20of all the drivers on the roads is driving uninsured. Let\'s be straightforward about this. If everyone carried insurance, the cost of insurance for everyone would fall. As it is, the law-abiding have to pay more because the chances of being hit by someone uninsured or underinsured is increasingly high. It would be easy to link the computer records to allow the police agencies to check who owns a vehicle but is uninsured. If drivers believe they risk being caught, they are more likely to buy the insurance. Yet, when you listen to many local politicians, they resist allocating more money to the police. They say forcing people to buy insurance is like taxing poor drivers to be on the road.

But the number of drivers breaking the law is not restricted to the failure to insure. In a survey last year, more than four million adults admitted to driving while under the influence of drink or drugs. Curiously, one of the sources of information about the consequences of this admission is the Centers for Disease Control and Prevention. Its statistics show about one-third of all fatalities has one of the drivers with an excess of alcohol in their blood. In 2009, the CDC estimates more than 11,000 were killed by incapacitated drivers. Given the range of often quite serious penalties if caught, it\'s revealing how many admit to driving while drunk. Most people believe they will avoid detection. In part, this is the confidence created by the alcohol, but it also reflects the number of police officers actually trying to catch drunk drivers. One the most common results of conviction for DWI/DUI offenses is the rise in the premium rates. In some states like Florida, the local laws increase the mandatory liability minimum as a precondition of being allowed to drive again. In other states, the insurers increase the rates on the basis that, with one conviction proving the driver a danger to other road users, trust has to be earned. This means paying higher premiums and not claiming for three or more years.

Cheap auto insurance would come our way if our politicians allocated proper resources to the police. Enforcing the law would make the roads safer for everyone and the premium rates would fall. Until this happens, the best you can hope for is affordable, not cheap auto insurance.
Article Source: http://www.articlesbase.com/insurance-articles/cheap-auto-insurance-is-increasingly-hard-to-find-5334836.html
About the Author
Want to read the latest news and discussions from jollysmith? Visit http://www.insurerscomparison.com/hard-to-find.html to get his latest insights on many different subjects in the world.

Benefits of Getting Insurance

Author:

Jason Momoa



The Persian Empire, specifically the Archaemenian monarchs were the first one to insure their people. Nowadays, a lot of people are insured as a protection against future loss. The insurer\'s motive in business is quite simple. That is to collect payments or premiums at a competitive price from customers, put this into investments, and expenses and losses shall be deducted from the income. Just think of it as a contingency fund or a 'security blanket' set aside for the future. Make sure also that to choose the best insurer to sign a contract with. For the past years, this kind of business has been an opportunity for fraud too.


To be insured means getting benefits from it. In a world where no can predict the future it is important to be insured. Natural and manmade calamities cannot be avoided at times but it is better to be prepared. Getting insured gives peace of mind. There is relief knowing that there are measures taken already in preparation for whatever may happen in the future


Second benefit is for the protection of assets or properties. Acquiring an asset takes a lot of time, money and effort. Most likely physical properties are also targets or insurers to protect. Customers would be more than willing to insure the fruit of their hard labor. That would include protection of cars, houses, and other tangible items. The policies can either replace the damaged property or help in repairing it.


Third benefit is physical protection. Physical protection covers your medical bills, medications and other possible health care expenses. In some countries this is already deducted from the income the citizen is receiving or they are being taxed for it already. In cases where the person insured is physically harmed, injured or disabled, these protections will cover the damages caused.


Fourth benefit is income protection. In any cases where the person insured has no longer the ability to work or earn a living, like the have been incapacitated or disabled these policies can replace the majority of income that should have been gained. The reason of incapacity should be valid as well so that the policy can cover the damage made.


Lastly, there is lifestyle protection. This applies when a family happens to have a tragedy and needs to change their lifestyle. This will insure that the lifestyle that the family has been used to will continue for a certain period. This will cover a portion of the income the earner was receiving before any accident happened. Accident, sickness, and involuntary unemployment are valid grounds for the policy to cover.






Article Source: http://www.articlesbase.com/insurance-articles/benefits-of-getting-insurance-5331126.html
About the Author
Paying premiums to be insured is a necessary preparation for the future. These benefits are made sure to give satisfaction to the customers. This is not only an investment on the part of the insurer but also for the customers. Not only individual persons can be insured but also companies and firms. Insurance can serve many purposes and benefits for business establishments and individuals. 保險 companies make sure that they do their part on the contract as well.

Simple Strategies to Get Out of Debt

Author: Simon Volkov

Many Americans want to get out of debt. It is estimated that U.S. consumers carry an average of $8,000 in credit card debt. This does not include mortgages, automobile loans, student loans, medical debts or delinquent taxes.


It takes financial fortitude to get out of debt, but with patience and persistence it can be accomplished. While many people turn to bankruptcy to resolve debt issues, this oftentimes backfires and causes more harm than good. Prior to tackling money problems, it is smart to research all available options to determine which is best suited for your needs.


The type of strategies required to overcome debt problems depend on the type of debt owed. Many people have accrued mountains of credit card or mortgage debt because of long-term unemployment. Others have excessive debt due to education loans or medical bills. However, the primary origin of too much debt stems from over spending.


There is no doubt that American consumers have been brainwashed to buy an abundance of material things. From fancy gourmet coffees to cars that parallel park on their own, we are bombarded with marketing messages that convince us our lives will be improved by purchasing things. The easiest way to overcome debt is learn how to tune out advertisements that are stealing our financial future.


Budgeting is by far one of the most effective ways to get out of debt. It's simple and doesn't cost a dime. The formula for success is to spend less than is earned. People often complain they don't have enough money, but the truth of the matter is they don't realize how much money they waste. Budgeting sheds light on careless spending habits and encourages smarter spending.


The only tools required to create a household budget include a piece of paper, pencil, and calculator. Draw a line down the middle of the paper and list all sources of income on one side and all fixed expenses on the other.


Fixed expenses refer to bills that must be paid each month regardless of earnings. These usually include: mortgage or rent payments, utilities, insurance premiums, transportation costs, and food. Other fixed expenses can include: daycare, child support, spousal alimony, taxes, and Chapter 13 bankruptcy payments.


Next, create a list of other items you regularly purchase throughout the month. These might include: cell phone bills, newspaper or magazine subscriptions, clothing, dry cleaning, fast food lunches, and recreational activities.


If you are uncertain of where your money goes, carry a piece of paper in your wallet and write down every penny spent for at least 30 days. Chances are you will be shocked at the amount of money being wasted.


The first step of overcoming debt problems involves eliminating impulse buys. A good question to ask your self is, "Is this purchase going to improve my life and allow me to retire easily?" If the answer is "No" then you don't need it.


The second step involves creating a budget that allows you to have more money than month. Extra income should be placed into a high yield savings account or invested into products that generate money.


Pulling in the reins on excessive spending can be painful in the beginning, but the sacrifices made will provide peace of mind knowing that you can pay all your bills on time and start saving for the future.


Budgeting is an affordable way to regain control over personal finance, but sometimes it is not enough. Debtors may require credit counseling to learn money management skills. Others may be forced into bankruptcy in order to reorganize debts and pay them back over an extended period of time.


The Internet offers an abundance of money management tools and budgeting resources. Just use caution when searching online and avoid spending money on get out of debt programs that require you to buy a course or enroll in subscription-based programs.
Article Source: http://www.articlesbase.com/personal-finance-articles/simple-strategies-to-get-out-of-debt-5324867.html

About the Author

Real estate investor, Simon Volkov, specializes in helping individuals facing bankruptcy and foreclosure. He provides an extensive get out of debt article library offering information and resources to help consumers pay off credit cards, develop household budgets, understand the pros and cons of filing personal bankruptcy, and more. If you need help overcoming debt, visit www.SimonVolkov.com today.
 

Types of business insurance coverage

Author:

Andrew Edwards
Business insurance is an essential policy which is purchased by all the business owners; it is helpful in the management of business without facing any problem. Business insurance covers different aspects of business. Business insurance coverage can be divided in different categories which make it easy for us to understand the different type of coverage we get from insurance policy. The most common form of business insurance is property insurance which can be described as follows:

Property insurance

Property insurance may cover all your business premises from any type of damage due to natural or men made disasters. It may cover losses due to fire, robbery, thunderstorms, men made damages etc. it is important to understand the different type of property damaging causes, as it will help to select a policy which is covering almost everything. Disasters can be faced by organizations anytime, and it is important for us to buy coverage for damages to property due to these situations.

After property insurance, we should take liability insurance; it is also a very important aspect of business. Liability issues should be sorted out with the assistance of an insurance policy, because it is not possible for us to pay all the claims from company fund. Commercial liability insurance is a policy which can be divided in various sub categories:

Liability insurance

Liabilities are different for different business types. For a construction business there are some liabilities like damages to a third party by your machines, workers disability due to malfunctioning of machines, and many more. If we talk about health professionals then the liability issues will be different, a health industry may need product liability insurance, which is a policy which is required by companies for sorting out of claims filed by patients after using medicines of Their Company. Another type of liability insurance is public liability which covers bodily injury to a person on your business premises.

Workers compensation insurance

It is also an essential type of liability coverage which is required by business owners for proper running of the processes. It includes injuries to workers while working in your company. It is your responsibility to give coverage to employees as they are working for your company. A worker plays a vital role in success of a company, and he should get coverage for injuries while working.

An employer should also provide health insurance to the workers, because if workers face any occupational hazards then he should get compensation for such problems. You should buy a combine health insurance policy which helps in reduction of cost for insurance.

Business interruption insurance is also a helpful insurance coverage for business owners as it helps in rebuilding of business after a disaster faced by company.
Article Source: http://www.articlesbase.com/insurance-articles/types-of-business-insurance-coverage-5309373.html
About the Author
You should take commercial insurance quotes from different companies before buying a commercial insurance policy for your company. If we compare quotes from different companies then it helps in selection of a cheap policy.

Pay Lower Health Insurance Rates With Major Medical Coverage

Author:

Ed Harris
Major medical insurance policies lower rates by insuring large health care expenses at premiums that are designed to save the consumer money. Many medical insurers make available plans for their individual and family clients. Plans that are intended to be kept for less than 12 months emphasize catastrophic coverages whereas many other policies include small copays for prescriptions and office visits.

Private medical coverage plans are available from the top insurers in the US and every carrier offers some form of low premium/high out-of-pocket expense policy. Depending on which part of the country you live (for example, Ohio has very low rates), premiums may be much more affordable than other available plans offered to you.

High deductible insurance policies give the insured coverage for different types of hospital expenses, ER charges, and various fees from nurses, physicians and other medical personnel, ambulance fees and many additional expenses associated with surgeries.  These types of plans do not provide benefits for office visit and prescriptions. Of course, the money saved from omitting these coverages will often more than offset the out of pocket expense that is paid.

A 'High Deductible Health Plan' (HDHP) is often used with Health Savings Accounts. An HDHP is a cheap medical plan that does not pay for health care expenses subject to a deductible. After the deductible has been met, the contract pays 70100of covered expenses. HDHP plans are needed if you buy a Health Savings Account. However, you are also able to take out this type of plan with or without an HSA. For example, Ohio health insurance HSA rates are very inexpensive.

HSAs are low cost options to traditional health insurance that can utilize tax-deductible deposits to pay for eligible expenses. Customers can determine how their monies are spent and therefore have greater say in the process. Rates also are less than normal health insurance plans, allowing for more money to be deposited into the savings portion. Many individuals and companies often buy this type of plan to maximize their purchasing power. Funds that are not spent are not lost!

Catastrophic insurance plans are great choices when your most important priority is covering larger bills and are willing to pay more of your own money for expenses that are not covered. You should come out ahead, considering the potential savings to you. If you want to take less risk, you can request a deductible that is lower…perhaps $1,000 or so. Your risk will be reduced although potential savings will not be as great.

Comprehensive insurance plans, although more expensive, are appropriate in certain situations. For example, if an employer is completely reimbursing you for the premiums you pay on your personal policy, a comprehensive plan with a low deductible and 0coinsurance is a great choice. Also, if you constantly incur high expenses for office visits and prescriptions, this type of plan is a better choice.

Cheaper policies are becoming more popular in the US as medical costs for consumers keep increasing. They\'re not for everybody, but, as changes in health insurance reform force insurers to keep raising rates, major medical insurance, if available, will thrive.  More will be known in 2014 when proposed health care changes either go into effect or are completely repealed.
Article Source: http://www.articlesbase.com/insurance-articles/pay-lower-health-insurance-rates-with-major-medical-coverage-5299904.html
About the Author
Edward Harris provides free Pennsylvania health insurance quotes to consumers of that state.

A Perfect Guide To Term Life Insurance

Author:

shopforlifeinsurance
Under term life insurance, a person gets life insurance coverage for a fixed term. This can be a year or run into a couple of years according to the selected plan. In return for the term life insurance, the insurer pays the insurance company a premium. Since this kind of insurance policy does not return the total premium amount to the insurer, it is different from normal life insurance. However, in case the insurer dies within the term period, the specified beneficiary gets the entitled amount.

The nature of a term life insurance policy depends on the face amount that is kept as protection of the insurer, the premium amount to be paid to the company and the duration of the term. Term life insurance companies offer a number of different permutations and combinations involving these three factors when presenting an insurance plan. This means that companies offer term life insurance with different durations, premium amounts and face amounts.

The three common types of term life insurance policies are level term life insurance, annual renewable policies and mortgage insurance.

Level term life insurance

In level term life insurance, the premium amount is kept fixed for periods longer than a year. This could be anything from a five-year plan to a twenty-year plan. Since the premium amount involved in these policies remains constant, it is really helpful when it comes to long term planning. It comes as no surprise that a lot of people who are planning long term or are into asset management find level term life insurance policies to be beneficial. While some companies offer guaranteed renewal after the term ends, others prefer not to. When selecting this kind of an insurance policy, the companies approach towards conversion and renewal becomes very important.

Annual renewable policies

When an individual selects an annual renewable policy, the insurance company guarantees that it will return an equal or lesser amount in the case of the insurer\'s death. Since this policy is an annual one, it has to be renewed each year. Under this scheme, the insurability of the individual is not taken into regard.

Mortgage insurance

Mortgage insurance is very similar to level term life insurance policies. One of the major differences between mortgage insurance and level term life insurance is that the face value decreases periodically. This face amount is meant to equal in insurer\'s mortgage amount on the owned residence. If the insurer happens to pass away, the insurance company has to pay the mortgage on that house.
Article Source: http://www.articlesbase.com/insurance-articles/a-perfect-guide-to-term-life-insurance-5294451.html
About the Author
Welcome to Shop For Life Insurance, a perfect guide to Term Life Insurance. Compare multiple Life Insurance Quotes from various life insurance companies.

Stock Options and Tips

Author:

Sharetips Expert
A stock market, being a public unit, is a place for the trading of company stocks (otherwise known as shares) at a decided price.
Commodity or security options are contracts, which permit the possessor to buy or sell a stocks at an exact price before the time period ends. Different types of trading options include:

• Exchange traded options
• Over the counter options
• Exotic options
• Employee options

Exchange traded stock options are otherwise known as 'listed options' and can be traded by anyone inside the public stock options through a broker.
Over the counter [OTC] options can be traded in the over the counter [OTC] markets which remain inaccessible to the public.

Exotic stock options are very complex in nature and are traded only in OTC markets.
The employers as incentives provide employee stock options to the employees. The company plays the roles of a seller and sells the commodity options to its employees.

Nowadays, everyone can trade from the comfort of sitting in his or her home using computer and the internet. To earn income through trading stocks, one has to combine certain trading practices with options available. One can either trade their own options, or can buy/sell the fundamental securities of their options, or can also use their options to evade against a loss.

If you are on the lookout to buy a particular company\'s stocks only because you think it will rise in the future, you have to adhere to certain steps first. If you are not sure about the raise, you can buy a call option and wait to see if it rises or not. If the commodity rises, your option permits you to buy the stock at much lowered rate. After investing, you can wait for some time until it raises more, or sell it.

When related to regular trading, stock options have many benefits. But before you just jump into it, you need to have certain amount of knowledge about it. Below are some tips to begin commodity trading.

An important thing to note is that if you hold security or commodity for a prolonged period, no one will want to buy it, since it would have expired by then.

The best way to stay in the trading game for a long period is to study it completely. Educate yourself and learn a lot about commodities and securities trading first, in order to be successful in it.

There is always an option to learn online too. Be sure to know the terminology first such as the long call, short call, long synthetic, short synthetic, and so on. Try to find out the different types of trading options and be sure to know your interest in a particular stock option. Conduct research in that specific commodity before you get into one.

One must remember- there is also considerable risk in trading. Always consult a good broker, especially if you are new to the trading trend.
Article Source: http://www.articlesbase.com/investing-articles/stock-options-and-tips-5289629.html
About the Author
Stock Options and Tips Commodity Trading

What Type Of Life Insurance Quote Do You Want?

Author:

David Livingston
In essence, life assurance is actually a life insurance policy and consequently the two terms are often used interchangeably. Both these policies assure us of a peaceful and secured life even in case where the main breadwinner of the family dies before he has been able to meet all his liabilities. However, if you go into the technicalities, you will see that life assurance is applicable only to those policies, which promise assured return; not every policy does that. Before we go any further, allow me to name a few popular life policies:
    Term Life Insurance
    Whole Life Insurance
    Universal Life Insurance
    Variable Universal Life Insurance
    Limited Pay Policies
    Endowment Policies

From the list above, it is evident that term life is completely an insurance policy which gives only death benefit to the insureds family. This type is typically sold for x number of years and cannot be considered as assurance policy. However, all other policies invests to increase their cash value from the premium they collect and as a result provide return to the insured whether the insured alive or dead. Hence, all other policies can be called under assurance type and not term life policy.

Having said all the above, it does not really matter in a large country like United States. In US, both types of policies are considered and called insurance as the carriers offer both type of policies as insurance. Thus, when you are in the process of getting a life insurance quote, take your time in deciding the type of policy you would prefer and willing to buy. Otherwise, it will be a complete mismatch from there on.

What type of policy you will buy depends entirely upon your need. If you want a large benefit at a reasonable rate, always go for term life. Term life rates are cheap because of two main reasons. Firstly, it is a temporary policy and very few people die early; consequently, the policy generally expires without having to make any payout. Secondly, because it is a pure protection policy, the entire amount you pay as premium is utilized to develop the death benefit and so you can get a large one at a very nominal rate.

If you are planning to get this kind of a policy, you need to ensure that you save some amount of money as a source of investment as this may be required at a later stage in your life. If there is an emergency in your life, you must have adequate cash to back you up. The assurance policies however constantly have an amount as savings and once you complete the term you will be given a choice to take it as cash or take it as loan. Thus, the cash value of the plan is always accrued over time and hence this is also one of the reasons this is priced at a higher rate than normal.

Instant life insurance quotes are easily accessible on the web these days. Major carriers have extremely user friendly websites thru which you can easily enter your information get quotes and compare them against other plans that are offered. Thus the quotes that are received for policies are just an estimate only and do not guarantee the actual amount on the policy that will be charged later. However, there is not another way in which you can find the actual amount that will be charged on the policy as well.

One must know, the price should not be the only criteria for you to choose insurance; a life insurance no exam policy for instance is a low cost option. However, under the given choices, you may not go beyond the choices besides this. They have salient features. First, they are not like traditional policies, you do not have to take up medical tests in this case. You are eligible to get coverage the next day after the tests are undertaken. Typically, underwriters take 4 to 6 weeks to evaluate the risks and issue the policy to have you covered.

These policies are for you if you hate needle pricks; but no sensible person should buy such an extremely expensive policy just to avoid that. This is more for those who need instant coverage or have some peculiar health or lifestyle problem that keeps them insurable, but increases the rates manifold. In such a case, you can get the coverage in a hassle free way without having to pay anything extra. Moreover, if you want, you can go for guaranteed issue no medical policies such as a graded life insurance policy. These are extremely expensive, but as the name implies, your coverage is guaranteed. However, if the insured dies within the first two years, only the paid premium plus the interest accrued is paid. Think twice before you buy them.
Article Source: http://www.articlesbase.com/insurance-articles/what-type-of-life-insurance-quote-do-you-want-5288175.html
About the Author
Article by David Livingston of EQuote, who is a specialist in everything life insurance. For more information on term insuranceand life insurance online, visit his site today.