Posts Tagged‘finance’

4 Hacker Tips on How to Get out of Credit Card Debts Fast

Owning credit cards can feel like a good thing at the beginning; the seemingly unlimited purchases, freedom to access overdrafts and more. But when the debts pile up, it can be truly uncomfortable. Fortunately, getting out of a debt crisis is not impossible. It requires some discipline, patience and careful planning. The disadvantage of accumulating debts doesn’t stop at reducing your loan credibility, it can cause personal stress and threaten one’s well-being. In order to live a debt-free credit card life, here are 4 hacker tips to guide your money habits. Use one credit card at a time It can…

What Is the Perfect Acquisition for a Private Equity Firm?

Venture capital firms focus on investing in companies that are only just past the startup phase. This sets them apart from private equity firms, who target businesses that are already in a stage of maturity. Private equity managers like Greg Lindae contribute both debt and equity to the transaction, creating a hybrid scenario. Buy-out firms and financial sponsors, both names for private equity firms, look for companies that aren’t publicly listed. They aim to stay invested in those companies for between three and seven years, after which they expect to implement their exit strategy and make a profitable return. Usually,…

4 Important Things to Know if You’re Considering a 1031 Exchange

Anyone trying to sell an investment property and buy a new one for a similar price should consider the benefits of a 1031 exchange. The primary advantage is that you won’t have to pay capital gains tax on the sale of your current property, which as you know can add up to a pretty big sum of money when you’re dealing with large commercial properties. The exchange also provides other write-offs and gives you even more incentive to find a worthy replacement property. Although the benefits of a 1031 exchange are obvious to anyone who knows about the process, some…

How Accepting Credit Cards Can Be More Sustainable for Your Business

When it comes to operating your small business, you may be hesitant to take credit card payments. You may worry about not receiving payment due to credit card fraud or being charged too much to run the transaction option. However, by not accepting credit cards, you are alienating a large consumer base. With quality POS systems in place and learning more about this option, you can see how accepting credit cards can help your business be more sustainable in the long run. Consumers Use Credit Cards Today’s society has a ‘buy now-pay later’ attitude and will easily charge something and…

Will the bulls or bears rule the markets in 2017?

As someone who is trying to turn their life savings into long-lasting wealth, the question of where the S&P is going to go in the quarters ahead is most definitely on your mind. With the current administration in office, it feels like stocks could go either up or down in 2017. However, there are a number of signs that people should heed, as they will signal a movement in one direction more than the other. Investors like Larry Polhill are constantly putting out feelers for these indicators, as he has been an avid trader for many years. Like you, he…

The Investment Square for Novices

There’s an old saying that those people who suddenly come into money most probably won’t be wealthy forever. At times this might be because of just lavish spending, but on other occasions it could be due to poor investment decisions. Unfortunately, unless you are particularly gifted, your shrewdness in relation to investing will most probably only improve through experience. In fact, most people don’t really have much of an idea on what the various types of investments are; most simply group them all into one category. As it turns out there are four main groups and if you are serious…

What’s an acceptable amount of Debt?

Photo via Pixabay.com It’s hard to give an exact figure when we ask how much debt is a reasonable amount of debt to have. Of course, it depends on so many things, such as the stage of life you’re at, your salary, your outgoings, and so on. Investopedia suggests that a good rule-of-thumb to calculate a reasonable debt load is the 28/36 Rule. The rule suggests that households should spend no more than 28% of their total income on housing expenses (this would include things like mortgage payments, home insurance, and so on), and a maximum of 36% on total…

Use tax Break for Philanthropy

Who does not love paying lower taxes? While cheating on paying taxes is a federal crime, there are ways one can legally lower the amount of taxes paid to the government. 170 Exchange transactions, commonly known as Bargain Sales, are usually used to receive immediate tax savings from the disposition of under-utilized commercial assets. The Welfont Group, a boutique commercial brokerage firm that focuses on acquiring depressed commercial real estate properties, is a seasoned professional when it comes to smoothly executing the 170 Exchange, as approved by the Internal Revenue Code (IRC). How the Welfont Group Finances the Mercy Foundation’s…