Go for award winners
The investment sector plays host to plenty of recognition schemes that provide industry leaders with a chance to be rewarded for their efforts. Everything from client fund protection to good customer service is recognized in these awards – so as someone looking for investment services yourself, the value of these schemes lies in the way that they can point you towards the best professionals to go to. If you’re looking to invest in Britain, for example, then the nominees for the Share Magazine Shares Awards might be a good place to start. In Australia, the Stockies awards for Australian brokers is a great place to look. No matter where you plan to invest your cash, there’ll be a relevant awards scheme in the country that you want to use.
Find a specialist broker
There are brokers in every major economy around the world, and all of them have wise investment knowledge when it comes to navigating the local markets. However, if you’re based in Seattle and you’re planning to invest in Sydney, then a local broker in either of those places is inevitably going to be more familiar with their own environment than with the wider one.
Step forward the specialist international broker: by approaching a practice or an individual who is an expert in international investing, you’ll save yourself time in the long run as they’ll know how to help. These are usually available through a Google search, or your domestic broker may be able to put you in touch with their practice’s international branch.
When investing abroad, you’ll usually need to have a good currency dealer on hand who can help you keep as much as you can of your international profits before converting them back into dollars. Some important options to look out for in a currency broker include bulk-buy deals, whereby the exchange rate fee is slightly lower if you’re cashing out a large amount of money. This way, you’ll be able to structure your profit withdrawals strategically and at the right time in order to pay as little as possible on the transaction.
If you’re thinking about investing abroad, then you’ll know that it’s not always simple and easy. There’s a lot to think about, and you could find yourself in trouble if you don’t get the help that you need to make it go as smoothly as possible. From finding a reputable currency dealer to locating an international specialist who works across borders, you’ll be giving yourself the best possible chance of international investment success.
Selling in the Summer
Summer is a great time to put a house on the market because people tend to take more time off work, so they may be more inclined to go to open houses. Some homeowners even like to get creative and host a little barbecue as part of an open house. Another benefit of the summer months is that the curbside appeal of the house is at its peak because any foliage will be in full bloom.
However, one thing to consider is how hot it tends to get in your area. If the summers are particularly brutal, then a lot of prospective buyers will not want to venture out. Additionally, a lot of people go on vacation during this time, so there may be fewer people in your area actively looking for houses. For homeowners in more moderate climates, summer can prove to be advantageous.
Selling in the Fall
A lot of homeowners tend to avoid selling in autumn. The reason for this is due to the fact there is so much more going on. Parents have to get their kids ready for the new school year. As a result, you have a lot less competition in the marketplace, and potential buyers are more likely to flock to your property.
The drawback to keep in mind is that while fewer homeowners put their houses on the market, fewer people tend to look. They also tend to be busier during this time with the kids, so you may not get as many phone calls.
Selling in the Winter
Winter is usually the least popular time to put a house in the marketplace. The weather is at its worst, so the curbside appeal of your property will be at its lowest. If you have a gorgeous garden, then you probably cannot show it off to its fullest potential during this time.
On the other hand, you may be able to command higher prices for anyone who is looking to buy. Fewer houses means would-be buyers have fewer options. In the event you absolutely must sell your home during this time, then it may be prudent to look at companies that advertise, “We buy any house.”
Selling in the Spring
In general, spring is the best time to sell for most homeowners. Your yard will look its best, and it will serve as an optimal time for families to move.
Most families tend to avoid moving in the middle of the school year because they do not want to disrupt the children’s studies too much. Buying a house in the spring means the deal will close in 30 to 60 days. That means the actual move will not actually occur until the summer when the kids are out of school. When you have an open house in the spring, you can definitely expect a lot of people to come through.
The time of year is merely one factor to consider amongst many. You also need to consider whether you live in a metropolitan or rural area. You also need to look at what other houses in your neighborhood have sold for. Considering all this will increase the chances of getting the most out of your house.
Every month, thousands of people across the UK apply for a short-term loan. Apart from the possible short-term influence on your credit score, can short-term finance affect your retirement? And if so, what can you do about it?
A poor credit score could leave you struggling to get credit
A poor credit score may mean that lenders are less likely to let you borrow money from them.
There are lots of myths surrounding credit scores. When you apply for a loan with a Financial Conduct Authority (FCA) regulated lender, your credit score will almost always be checked. When you apply for short-term finance, what is known as a ‘footprint’ could be added to your credit file, which may be visible to other companies for up to 12 months.
If you apply for short-term finance regularly, in a short space of time, you could look as if you are desperate for money.
Furthermore, some lenders can view applications for short-term credit as an indication that you may be prone to financial difficulties, as these kinds of financial products can sometimes be used by people who may already have a poor credit rating.
You could end up paying higher interest rates
A poor credit score could result in you paying higher interest rates on any financial products you decide to take out, in order to mitigate the potential risk, the lender may consider that they are taking by lending to you.
You may find it difficult to change your mortgage
Having a higher credit score could be useful in retirement if, for example, you want to remortgage, so that you can obtain better interest rates than you are currently on. A poor credit rating may make this more difficult.
Having a poor credit rating may also have an impact upon your ability to get finance for a new car that you may want to buy during retirement.
Not being able to save
Being in debt may make it almost impossible to save money.
Taking out short-term loans on a regular basis, to pay off bills or unexpected expenses, could leave you constantly having to pay back loans, rather than putting money aside.
Putting money aside for your retirement can help to make you much more comfortable financially, when you finally do stop work.
Reducing the impact of short-term finance on your retirement
There are some things that you may be able to do to reduce the impact of taking out short-term loans on your retirement.
Firstly, try not to make applications for payday loans unless you are absolutely sure that you need them. It is not a good idea to make speculative applications.
Secondly, do not apply for too many payday loans in a short space of time. For lenders, this may signal that you are desperate for finance.
Start to improve your credit rating
Finally, if you have a poor credit score, take steps to improve your credit rating before you retire. This could be achieved by, for example, ensuring that you pay off your debts on time. It may also be possible to do this through a ‘credit rebuilt card’.
You can check your credit score online if you don’t already know it.
Multiple applications for short-term loans could leave ‘footprints’ on your credit file. If you need to apply for short-term loans during your lifetime and find that you have a poor credit score, ensure that you work to repair your credit rating in the future, to help to avoid problems with finance during your retirement.
Young entrepreneur Stan Gershengoren is typical of the new breed of modern business consultants who are changing the way that businesses think and operate. The official Stan Gershengoren approach to building a thriving business is rooted in the vital importance of maintaining a strong base of clients, even if you operate exclusively online. How do you go about it? Here are seven steps to attract new customers to your business.
Identify the ideal customer
Finding something is much easier if you know where to look! But do you know what type of consumer you are looking for? Without a composite picture of your ideal customer, the task of attracting new interest in your business is much tougher.
You should take time to develop a clear idea in your mind of your target client. Try to think about what they want in life, what makes them happy or sad, and then work out how you can help to make their lives better. Beware of settling for broad stereotypes. Focusing on “millennials” will be little use to you as few products are likely to appeal to an entire generation, and nobody likes to be stereotyped or patronized.
Work out where they are based
When you know the type of customer that you are looking for, the next step is to find out where they are. Identify where they can be reached. For some people, that will be by mail, but others may be easier to reach through email or other media. Where to start looking will depend on your business, but forums and social media pages are a good place to start. When you find out where your ideal customers can be reached, you can craft the perfect message.
Be the expert on your business
If you have a deep understanding of your sector and a detailed grasp of your product or service, then you will be well positioned to attract new clients. Your knowledge will be apparent in every communication, and that will encourage potential customers to ask questions, and even seek you out for your expertise and assistance.
Make yourself the answer
By setting yourself up as the answer to your customers’ problems, you will be giving them a great reason to try your product. This can be achieved by getting out there and creating content, through webinars or blogs, as well as networking. You will gradually earn a reputation for expertise, and as long as your sales conversion process is well-designed, you should be able to turn followers or fans into customers.
Direct response marketing
An important aspect of reaching out to customers is to try to encourage them to take a specific step, such as asking for more information or joining an email list. One effective direct response technique is to create adverts that offer potential customers something for free, but there are many methods in the direct response marketing arena, and it is a good idea to take the time to master this area of marketing.
Synergy is an important part of modern business, and you can give your business a major boost by linking up with other companies that provide complementary services. For example, if you run a website-building business, why not consider linking up with a company that specializes in SEO? Creating partnerships is also about building those vital human relationships that will ultimately lead to more customers returning and recommending you.
You’ve followed all the steps – now what? Well, it is important to finish the process by following up on all those tasks that you’ve initiated along the way. After doing the hard work, make sure that you follow up to build on those potential leads and conversations to turn them into income. Remember that you should never neglect the follow-up when trying to boost your client base.
You can adapt and tailor these approaches to your own needs, but by following the steps outlined here, you can significantly improve your chances of establishing a strong and growing customer base that will help your business to thrive.
A point that cannot be ignored is the popularity that instant online loans have gained in today’s highly competitive market. Owing to some fundamental characteristics, the demand for instant loans – both instant small loans as well as larger loans, has significantly risen (directly of course contributing to their upsurge in popularity). Let’s go ahead and look at how this form of credit has become so widespread in the Indian market today.
Instant cash loans online are available quite easily today, thanks to the presence of multiple lenders in the market, each fairly capturing a piece of the enormous pie. It is mostly owing to the demand for this type of loans that the number of lenders has risen in the market today. There are several instant cash loan direct lenders that applicants can approach and get their amounts in absolutely no time.
Instant Loan Approval
One of the most impressive features of instant personal finance is the instant approval that applicants get. After filling out details, lenders obtain credit information from the bureau and based on the applicant’s credit profile, he/she will receive instant approval. If certain parameters in the customer’s credit profile doesn’t meet the lender’s internal credit norms, the applicant will instantly be given information on rejection of his/her loan application.
Same day disbursals
Same day disbursals are another reason for these loans to rank high in the popularity quotient. After receiving instant approval and submitting the KYC and income documents, a final loan offer is sent to the applicant, following which the loan amount is disbursed on the very same day. This aspect is particularly helpful when applicants are dealing with an emergency of sorts. So quite clearly, in the midst of an emergency, instant loans have been the go-to saviours without doubt.
Gone are the days when applicants had to submit a large heap of paperwork as part of the loan process. Lenders who are active in the “instant loan” space have stitched a system that does not require abundant paperwork as part of the application process. This is another crucial aspect that has helped this type of finance to become more popular among potential customers. As such, things are way easier to deal with in a digitised world, isn’t it?
A wide range of amounts
Let’s say you are on the look-out for personal finance for a list of reasons. When you zero-in on a lender for your loan, you can choose a loan amount of your choice – this range includes amounts that are as low as Rs. 25,000, stretching up to amounts as high as Rs. 25 Lakhs. Depending on your financial requirement, you can pick a loan amount. However, note that the approved amount will depend on your monthly income, your credit score, and your repayment patterns in the past.
Affordable Interest Rates
The interest rates on this type of loans are affordable, and more or less similar to rates offered by traditional lending institutions such as banks. Even though there are several institutions that claim to offer the lowest interest rates in the market, the interest rates are dependent on the applicant’s credit score and credit repayment history. There are many Fintech Lenders in the market that offer instant loans to both salaried and self-employed individuals at the most affordable rates in the market.
Personal finance for low credit scores
Low credit scores can often come in the way of loan approval. As instant small cash loans are a type of personal loan and personal loans are unsecured (not requiring collateral), the credit score is perhaps the most dominant parameter that gives creditors an idea of how an individual has handled his/her credit in the past.
As the market has tremendously evolved in the recent past, there are instant cash loan direct lenders that offer loans even to individuals with low credit scores. While such is the case, most lending institutions, however, do not entertain profiles with instances of defaults over the last 12 months.
Qbera, a lending Fintech company that offers instant cash loans online to salaried individuals, considers profiles with a minimum credit score of 600.