Sunday, January 8, 2017

What are people searching for bank loans online?

12:39 AM Posted by Unknown , , No comments
we can search and exploit so much informatiom, example:
Objectives of the Presentation
  • The four financial statements - income statement, statement of owner's equity, balance sheet, and statement of cash flows
  • The ten-step accounting cycle (business transactions to the post-closing trial balance)
  • Rules of debits and credits
  • Accrual versus cash basis accounting
  • Adjusting entries
  • Accounting for inventory and receivables
  • Long-term liabilities and depreciation
  • Analysis of the notes to the financial statements
  • Types of financial statements and the CPA opinion
  • Examples to reinforce accounting concepts
Why Should you Attend
The webinar will demonstrate how the income statement, statement of owner's equity, balance sheet, and statement of cash flows are developed and connect to each other.
The webinar will also cover the ten-step accounting cycle leading up to the creation of the financial statements including the rules of debits and credits, accrual versus cash basis accounting, adjusting entries, accounting for inventory and receivables, long-term liabilities and depreciation, proper analysis of the notes to the financial statements, types of financial statements, and the CPA opinion. Finally, the webinar will include several hands-on examples to reinforce these accounting concepts.
Who can Benefit
  • Business Owners
  • Commercial Lenders
  • Credit Analysts
  • Loan Documentation Specialists
  • Branch Managers
  • Private Bankers
  • Business Development Officers
  • Compliance Managers & Officers
  • Risk Managers and Officers
  • Controllers
  • Presidents/Vice Presidents
  • Managers/Supervisors
  • Sales Representatives
  • Marketing Personnel
  • Retail Businesses Owners
  • Maintenance and Security Employees
  • Stock Room Personnel
  • Business Vendors.
This webinar is available in our archives.

Friday, January 6, 2017

Which stocks are good to invest for short term?

11:29 PM Posted by Unknown , No comments
In my opinion, The best stocks to buy for short-term would be the ones which will appreciate in price in near future! Seriously!
As you know, Investment is always done for a LONG-TERM.
Trading is always done for a SHORT-TERM. It is very risky and instead of making money, you will actually lose money in the short term. Try it out, if you don’t believe in what I am saying.
Frankly, investment for short-term does not make sense.
The following will help you in your long-term investments:
Invest equal amounts of money in 2-3 of the following Mutual Funds , in the first 5 days of every month. In other words, start a weekly/monthly SIP (Systematic Investment Plan) by going through ICICI/ HDFC/ SBI or any other dependable bank or broker. Investing in these Hybrid/ Balanced Mutual Funds is a safe investment.
Mutual Funds (MFs) are very good for safe investments if you don’t touch the investment for 5–6 years. (This investment is to be done for a long-term, exactly the same way as you do when you purchase a piece of land or a house or a flat or gold. Such items are not to be sold in just 1-2 months/quarters/years but only after 5/10/15/20/25/30/…… years.)
Investments in MFs are safe though the value of investment fluctuates as per the stock market movements.
You should ideally do monthly investments in 2–3 MFs taking the SIP (Systematic Investment Plan) route.
Investment Categories/asset classes & Yearly Returns:
FDs/RDs:7–9% per year
Gold: 9–10% per year
Real-Estate: 10–12% per year (Limitation: Can’t invest just a few thousands per month in real estate. You have to invest in lakhs only. If you urgently need money, you can’t easily get a buyer. From the time you think of selling, till you get the money in hand, it could take a few months. Also, you can’t sell just one room out of a 2 bed-room flat, if you require only a few lakhs for an emergency.)
Mutual Funds (You can invest as low as Rs. 1000 per month in a mutual fund. You can also sell only a very small part of your investment in a 5-star MF if you need only a small amount for an emergency.)
>> 5-star rated Hybrid/Balanced MFs (Returns ~ 15% per year tax-free in a block of 5–6 years. Typically, your invested amount will double every 5 years.) Prices of Hybrid/Balanced MFs fluctuate less than the prices of MultiCap MFs.
>> 5-star rated MultiCap MFs for medium risk (Returns ~ 20% per year tax-free in a block of 5–6 years. Typically, your invested amount will double every 4 years.) Prices of Hybrid/Balanced MFs fluctuate less than the prices of MultiCap MFs.
These fluctuations of prices can make you worry about your investments in MFs. However, if you have invested in 4 or 5 star MFs and if you are a long-term investor, then you should not worry about your investments in MFs at all.
After you make investments in 5 or 4 star Mutual Funds of Hybrid/Balanced and/or MultiCap category, don’t sell them in a panic for 5–6 years even if the stock market fluctuates substantially. They will go down in value & again go up. Don’t worry.
There are other categories which can give higher returns but are very risky. So, I am not recommending those categories.
Invest equal amounts of money in 2-3 of the following Mutual Funds , in the first 5 days of every month. In other words, start a weekly/monthly SIP (Systematic Investment Plan) by going through ICICI/ HDFC/ SBI or any other dependable bank or broker. Investing in these Hybrid/ Balanced Mutual Funds is a safe investment.
Hybrid/ Balanced MFs: (Returns ~ 15% per year tax-free in a block of 5–6 years. Typically, your invested amount will double every 5 years.)
(J616)
Axis Long TermEquity Fund | (Tax saver. 3 year lock-in.)
MultiCap MFs: (Returns ~ 20% per year tax-free in a block of 5–6 years. Typically, your invested amount will double every 4 years.)
(J616)
These funds are managed by experienced fund managers. So, these are safe investments.
Always invest in 5-star (or minimum 4-star) rated mutual funds of reputed fund houses of ICICI, HDFC, Tata, Franklin Templeton, Birla Sunlife, DSP BR, BNP Paribas, SBI…
Never invest in 1/2/3-star Mutual Funds even of these reputed fund houses.
After you understand more about investments through these balanced MFs, you may also invest in multi-cap mutual funds after a few quarters.
Please note that directly investing in the stock market (=shares) is very risky and you may lose your money as it is a Very High Risk investment avenue. So, don’t invest in stocks/shares directly. Invest in MFs.
Investing = (Buying and not having any intention of selling for minimum 1 year or preferably for minimum 5–10 years) = (Like our investments in real estate or gold where we don’t think of selling it for a very long time)
Depreciating Asset: Value of a Car worth Rs. 7 lakhs becomes ‘zero’ in 10 years. (Shallow and unwise people normally splurge on latest & expensive cars, bikes, mobile phones, watches…)
Appreciating Asset: Value of an investment in a flat/house/Mutual Fund worth Rs. 7 lakhs becomes approx. Rs. 25-28 lakhs in 10 years. (Rich & Wise people prefer to invest in appreciating assets.)
Most of the people think,
>> (Monthly Earnings minus Monthly Expenses) = (Monthly Savings)
In reality (as per the Billionaire Warren Buffet), it should be,
>> (Monthly Earnings minus Monthly Savings) = (MonthlyExpenses)
So, you should FIRST put your money in savings (=investment) on a monthly basis and THEN start spending for the month from the balance money availableto you after your monthly systematic savings/investments.
When you invest monthly in MFs, taking the SIP (Systematic Investment Plan) route, then
Your investment will double in ~5 years at 15% per year appreciation (tax-free).
So, in 10 years, value of your investment will become 4 times the invested amount.
In 15/20/25/30/35 years, it will become 8/16/32/64/128 times. Your money would just keep on growing.
Please note that this growth will not be uniformly achieved every year, but will be achieved in a block of 5–6 years.
Your investment will grow as if money is growing for you on a money plant.
This investment journey & opportunity will give you much better returns than your investments in gold.
All the best!!
For your professional growth, as you know, you need to get such quick inputs on many important topics as otherwise you may unknowingly make many mistakes in your career.
If you get such success tips early in life, then you will be able to plan your career well. Such tips are not given even in MBA programs.
You also know that you can’t get time to attend training programs to prepare yourself for the next steps/challenges in your career.
So, for Quora members, we plan to conduct FREE 90-minute online training modules in 2016, using Skype or a similar facility, on Saturdays / Sundays.
Please let us know, which 2 of the following FREE training modules would you like to attend in the next couple of months?:
  • ‘How to Get Selected in a Job Interview?’
  • ‘How to Get Selected in an MBA/BBA Admission Interview?’
  • ‘How to get a Promotion?’,
  • ‘How to become an Effective Manager?’,
  • ‘Preparing to become a CEO’,
  • ‘How to become better at Selling and exceeding Sales Targets?’,
  • ‘KBC: How to Build Wealth by investing in Mutual Funds?’,

Can I get payday loans with bad credit?

8:19 AM Posted by Unknown , , No comments
The answer is yes, There are lenders which offer loans to borrowers who are deemed a credit risk in exchange for higher interest rates. So although it's convenient to borrow money from such loan providers, bear in mind the cost. 
As i know that the basic loan process involves a lender providing a short-term unsecured loan to be repaid at the borrower's next payday. Typically, some verification of employment or income is involved (via pay stubs and bank statements), although according to one source, some payday lenders do not verify income or run credit checks
Individual companies and franchises have their own underwriting criteria.
In the traditional retail model, borrowers visit a payday lending store and secure a small cash loan, with payment due in full at the borrower's next paycheck. The borrower writes a postdated cheque to the lender in the full amount of the loan plus fees. On thematurity date, the borrower is expected to return to the store to repay the loan in person. If the borrower does not repay the loan in person, the lender may redeem the cheque. If the account is short on funds to cover the check, the borrower may now face a bounced check fee from their bank in addition to the costs of the loan, and the loan may incur additional fees or an increased interest rate (or both) as a result of the failure to pay.
In the more recent innovation of online payday loans, consumers complete the loan application online (or in some instances via fax, especially where documentation is required). The funds are then transferred by direct deposit to the borrower's account, and the loan repayment and/or the finance charge is electronically withdrawn on the borrower's next payday.

Although the answer is yes, however, most online payday lenders carry out credit checks in their application process to ensure the suitability of their candidates. Payday loan issuers need to ensure that their customers meet their repayments and so, lending to those with high credit scores makes good business. 

However, not all payday lenders run credit checkswhen making a decision about a loan applicant so if you have bad credit there is hope. Instead of credit checks, some lenders ask for pay slips as a proof of employment and income.

But if you have bad credit and are looking for a cash advance, there are indeed alternatives to payday loans. Logbook loans offer cash advances that are secured on your car as collateral. There is also peer-to-peer lending where an individual provides you with cash up front with their own set of terms and agreements.