Finance Archives - Rainbow


We Cover all Things Finance from Money saving , investing ,debt traps and more

The Third Step You Have to Take to Get Rich In the Stock Market!

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This step is really important and most people just don’t get it. Listen carefully
you have to defer, avoid, and reduce capital gains taxes to the bare minimum! Well, how do I do that you ask? The best thing to do of course is to completely avoid capital gains taxes. The only way to do that is to open a Roth IRA. The reason you avoid capital gains taxes is that you pay your income taxes first and then you never pay taxes on any profits of the money you put into your Roth IRA.

If you make a lot of money though, you can’t open a Roth. In that case, you need to open a Standard IRA and of course, if your company matches in a 401(k) you need to contribute up to the matching. In a 401(k) make sure that you only buy a no-load indexed mutual fund. Get your accounts open! Get your accounts open! Get your accounts open! I can’t overemphasize or shout this loud enough. Once you have your account open you will be motivated to start investing
— if you don’t know how to trade through such an account I can teach you. Here is a key point if you trade in an individual trading account where you are subject to capital gains taxes. You have to remember that the short term capital gains tax is double the long term capital gains tax rate. That means that if you buy the stock now and then sell it in less than a year you will have to pay your regular income tax rate which is as high as 35%. On the other hand, if you buy low and hold for the big multi-year stock price raises your capital gains tax rate is only 15%. This is huge! Look, that means that you have to earn 20% just to overcome the hurdle when you buy and sell real fast like the get rich quick gurus to want to teach you. Get your accounts open.

Here is a recap.
First, check to see if the company you work for offers a 401(k) plan with matching and contributes up to the matching. If you work for a university then open a 403(b) plan which can be even better than the 401(k). Restrict you’re investing in a 401(k) or 403(b) to no-load indexed mutual funds. Second, if you can save more than the matching amount your employer offers then open a Roth IRA and contribute up to the maximum. Third, if you are a really hardcore saver and investor like my wife and me open an individual trading account. Fourth, open your Roth and individual trading account at an online brokerage like or This ensures that you won’t get an earful of manure from a stockbroker who just wants to nickel and dime you out of your account. Also by trading online yourself you will learn to become a self-sufficient investor
— the richest kind of all!
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Steps To Increase Your Traffic

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Would You Like To Increase Traffic? Serious About Wanting To Increase Traffic? Here’s A Quick Way And Proven Tips To Increase Traffic In Less Than 30 Minutes These 15 Steps Will Help You Learn How To Save Time, Effort And Money With Ease! Everyone has a formula for success in bringing in heavy traffic. Most of these formulas sell for around $29.95 to $97.00 and are worth about as much as you’d expect to pay for a gallon of traffics. In other words, they aren’t worth much.

When I began putting together all the techniques I didn’t want any theories to aid me in running my business, nor did I want outdated information that just doesn’t work anymore. I wanted the same thing you want… A genuine formula for success based on cold, hard facts. So, I did my research, a lot of research. More than I care to remember. But, in doing so I found a REAL formula that spells: S-U-C-C-E-S-S I started looking for things they had in common. That’s the real key, you know. Finding what they have in common and then duplicating it with your own business.

I found a few things that they all have in common. In fact, these are the things that every successful online business has in common. Today, I’m going to share them with you. Maybe soon, we’ll be adding your name to that list of successful web businesses. If you are ready to get insane amounts of traffic to your website, then you will love Secrets of the Top SEO Experts! Nah!! It’s not a secret actually. It’s just the right methods, tools and learning what the experts know’s it. If you are ready to flood your website with massive targeted traffic & sales then get yourself ready. This system has never failed, and will never fail. I’ve used it. Others have used it. Now, it’s your turn to use it. You Deserve To Increase Traffic! To your success,

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Your 1st 100 Days in Internet Marketing

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Internet marketing draws people from many different backgrounds. It is as diverse an industry as you will ever find. People from all walks of life and from countries all over the world have carved out a piece of the internet for themselves with varying degrees of success and more people climb aboard every day! If you have a computer and an internet connection, you can be in business today.

The relatively low barriers to entry make this business a fascinating destination for many. With this experience comes the knowledge that someone somewhere is willing to pay. But the most common question is? how do I?. How do I take the information I have and put it on paper or a word processor? How do I package it? How do I price it? Advertise, distribute, or sell it?

All logical questions for the uninitiated. So what happens? You go out you buy the knowledge you need to complete these tasks but something happens along the way. You wind up spending a small fortune on titles like? How to get everything you ever wanted out of internet marketing for just $37?.Unfortunately, it doesn’t really work that way! How do I know? Because October 6th, 2006 I started my internet marketing career and I can tell you there were times when I had to take my credit card out of my wallet with asbestos gloves.

After learning a very expensive lesson, I decided I was going to help those that have come after I avoid such pitfalls. That’s how I came up with now I am passing this information on to anyone willing to listen and I suggest you AT LEAST listen. Why? Because the most valuable lesson you can learn is the one someone else paid for!
In our newsletters, you will:
1. Learn the top 10 steps to take in your 1st 100 days
2. Learn who the top 10 people are that you need to be listening to
3. Find out who the top 10 people are to avoid BEFORE you take out your wallet!
4. And my favourite, learn what separates an internet marketer from an opportunity seeker!
You will Also Find out:
1. Who is the best hosting company and why?
2 Who is the best Registrar? It’s not who you might think!
3. What software to use even if you can’t write one line of HTML code tips, tricks, and recommendations will hopefully help you avoid the pitfalls that most internet marketers make while showing you step by step how to raise the bar just a little bit higher than yesterday.
Remember, a journey of a thousand miles begins with the 1st step or the 1st 100 day
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Universal Life Insurance

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Universal life insurance is just one of several types of life insurance policies available through life companies today. Unlike term life insurance or mortgage (reducing) life insurance, universal life insurance gives your insurance policy a cash-in value, allowing you to withdraw funds accumulated on your universal policy as and when needed. This flexible approach to life insurance is very popular in the US and offers a real alternative to standard term & mortgage life policies where the policyholder does not normally get to benefit directly from the life insurance funds unless they are diagnosed as being terminally ill.

Universal life insurance also provides policyholders with the ability to accrue interest on their life insurance premiums – something that a standard life insurance policy does not offer. How universal life insurance works in a similar way to a high-interest long-notice deposit account. When an insurance premium payment is sent to the life company the company deposit the funds into an interesting account after deducting a nominal expenses charge per deposit. The funds then gain interest, with interest accrued being credited to the account on a monthly basis.

Each premium payment made of course increases the fund, while compound interest is earned on the account month upon month. The cost of maintaining the insurance product or products purchased through the universal insurance scheme is also deducted from the universal account on a monthly basis. Should the insurance policyholder wish to withdraw funds from their universal life policy then they can do so from the cash surrender value of the life policy. Withdrawals are normally controlled/limited to a set number per year.

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Depending upon the policy provider there may also be caps on the amount of money that the universal life policyholder can withdraw and a stipulation on a minimum amount of funds that should remain in the universal life account. It should go without saying that withdrawals from a universal life insurance policy will reduce the overall amount of funds available when a lump sum claim is made upon death or terminal illness diagnosis.

It is therefore important to manage the universal life account to ensure that there is sufficient coverage for your family and dependants in the event of your death. If you don’t have the time to carefully manage a universal life product then you may end up with little to show for your life insurance premiums if and when a lump sum payout is triggered.

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What Goes Into Determining My Auto Premium?

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Insurance companies consider many factors before they provide you with an auto insurance quote. Here is some of the basic information that goes into compiling your auto quote: Age: Insurance companies like older more experienced drivers.

According to the CDC (Center for Disease Control and Prevention), 16 to 19 years olds are four times more likely than older drivers to be involved in a car crash. Premiums tend to decrease as the young driver ages. Type of Car: Brand new, expensive, fast cars are more expensive to insure than older, slower cars. Check to see if the car you’re interested in insuring is a high-risk car, meaning that it is often stolen or vandalized. For instance, in 2004, the 1995 Honda Civic was the most stolen car in the US according to a report released in November 2005 by the National Insurance Crime Bureau. Discuss this with your insurance agent before you select a car.

The cost of insuring it might determine how many cars you can afford. Driving Record: Clean driving record is important to get a lower rate. If you do have a violation, attend a driver’s education class. This may help to reduce your rate. Some insurance companies will not insure drivers with very poor driving records. Credit Score: Yes, that’s right. Credit score. Your credit score is also used when securing insurance.

It is called an insurance score. Studies indicate that the way a person manages their finances is a good predictor of the potential for insurance claims, therefore they charge a premium in accordance with the risk they are assuming. According to statistics, people with lower insurance scores are more likely to file claims. Deductibles: The higher the deductible, the more you save in premium. Go as high as you can afford. Underwriting guidelines vary slightly from company to company, so get more than one automobile quote and compare.

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Types Of Healthcare Plan

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There is a lot said about health care these days. With costs rising and no end in sight, there is a bigger need than ever for everyone to have the coverage of a health care plan. Health care plans are basically like insurance that helps you cover medical costs. Like any insurance, they are sometimes difficult to understand.
There are many types of health care plans available. Each type breaks down into two basic groups: group or individual. Group plans are the least expensive option. They are provided through an employer. Individual plans are offered through private companies and can cost much more than group plans because there are no group discounts to the provider. Within each group, there are a few different types of health care plans. Fee for service plans is the most common and traditional form of health care coverage. With a fee service, the covered individual gets many choices of doctors and hospitals. The insurance provider pays for a portion of your costs while you pay a fee. You pay both a monthly fee for coverage and fees based on the care you receive. Many times there is a deductible that must be met before the insurance provider pays anything. Most plans also have a maximum amount you will pay out of pocket. Once this figure is reached your costs are covered 100%.
Health maintenance organizations or HMO’s are another type of the health care plan.
HMO’s charge a monthly fee. You are required to use certain doctors who are signed up with the HMO. You pay a fee for any costs you incur called a co-payment. The total costs of any medical care are negotiated between the doctor and the HMO so the costs are lower. Preferred provider organizations or PPO’s are a combination of the fee-based plan and an HMO. There are limits on the doctors and hospitals you can choose, you make a co-payment for each service and you may have a deductible. You can, however, use a doctor that is not part of the PPO. You will still get coverage but you may end up paying a larger fee. There are other forms of health care plans. The government offer two plans: Medicare and Medicaid. Medicare is a plan for people over age 65 or disabled. The coverage provided by Medicare often changes and can be confusing. There are different types of Medicaid. There is a free type and a fee-based type. Medicaid is another government offered plan. It is based on income. With Medicaid, all of your expenses are covered. New changes have made it so some care requires a very small fee. There are also variations in Medicaid. To find out information a person should contact their local government human services agency. Health care plans can be very confusing. Talking with your provider will help ensure you completely understand how your plan works and what coverage is provided.
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Zero Percent Interest Credit Cards – How To Get Approved

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Zero per cent interest is a very attractive credit card feature that gains a lot of attention. Although credit cards have the potential of becoming a dangerous tool, they do have practical uses. For example, credit cards allow easy transactions when purchasing items online. Furthermore, credit cards are great to have when having cash flow problems.

However, because of high-interest rates, many consumers avoid using credit cards. Fortunately, there is a way to take advantage…
Zero per cent interest is a very attractive credit card feature that gains a lot of attention. Although credit cards have the potential of becoming a dangerous tool, they do have practical uses. For example, credit cards allow easy transactions when purchasing items online. Furthermore, credit cards are great to have when having cash flow problems.

However, because of high- interest rates, many consumers avoid using credit cards. Fortunately, there is a way to take advantage of credit cards without getting hit with a high- interest rate.

What are Zero Percent Interest Credit Cards?

Perhaps you have seen a credit card offer featuring 0% per cent interest. These types of credit cards are offered by several big-name credit card lenders including Citi, Discover, and American Express. If you have good credit, a 0% interest credit card has many perks.

Of course, the rate does not always remain at 0%. This is called an introductory rate. In other words, you can expect to pay 0% on all purchases for the first six or twelve months. At the conclusion of the interest-free period, applicants will pay a higher rate.

How to Get Approved for a Zero Percent Interest Credit Card

To get approved for a zero per cent interest credit card, you must have good credit. Each lender has a different definition of good credit. Before applying for a zero per cent interest credit card, contact the creditor and inquire about their credit approval guidelines. This way, you avoid unnecessary credit inquiries.

Also, before submitting the application, carefully read the terms of the agreement. This section includes pertinent information such as late fees, over-the-limit fees, penalties for late payments, etc. If acquiring a 0% interest credit card, do not submit late payments. By doing so, the creditor may immediately end the interest-free period. Moreover, being late on another credit account provides creditors just cause to end a 0% interest agreement.

Advantages of Zero Percent Interest Cards

Zero per cent interest credit cards are ideal for financing large purchases which you plan to pay off in a few short months. These cards are more practical than using high-interest credit cards or obtaining a personal bank loan.

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A Business Credit Card Is Essential

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Business Credit Card

If you are running a business out of your home, then there are many details that you need to keep in mind. You should probably be reading up on as much information that you can get ahold of on having a business at home. One of the most essential pieces of running a business from home that you absolutely need to know from the start is to get a business credit card to use for everything related to your business.

If you are running a business out of your home, then there are many details that you need to keep in mind. You should probably be reading up on as much information that you can get ahold of on having a business at home. One of the most essential pieces of running a business from home that you absolutely need to know from the start is to get a business credit card to use for everything related to your business.

Unfortunately, as a business consultant, I have talked with far too many business owners that come to me after failing at running a home-based business. Why? Well, there is a wide range of reasons why people would fail at owning and running a home business, but the surprising number one reason I found for failure was poor management of finances. Far too many people do not invest in a business credit card when they first begin, and that is a very dangerous thing to do.

I thought that the importance of having a business credit card was obvious, but maybe it is not. A business credit card ultimately allows the home-based business owner to have the freedom to keep their personal finances and their business finances separate. This is essential throughout the year and obviously when it comes to tax season as well. There is no reason why the finances of a home should be mixed up with the finances of a business. Keeping the two accounts as separate as possible is good in the long run.

There are many ways to apply for a business credit card, but you may want to talk with a business consultant before you make a choice on a card. There are many business credit card offers flying around and it makes it hard to know what is up and what is down when you are sorting through the offers without a good take on what to look for. So make a meeting with a business consultant or talk with a friend who is business savy before making any decisions about a business credit card.

The bottom line for home-based business owners is that they need to look for ways to separate their business even though it is done in the home. This will be impossible without the use of a business credit card. Apply for one today and see what a difference it will make to the organization and success of your business.

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Wells Fargo Home Equity Lines Of Credit Explained
Tagged With: mortgage loans, refinance

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Think you already know what this subject is all about? Chances are that you dont, but by the end of this article you will! Wells Fargo offers a revolving credit line for homeowners called Home Equity Lines of Credit, or HELOCs. This line of credit is an open-ended, revolving loan that allows future advances up to the approved credit limit. You can use the money for home improvements, debt consolidation, medical expenses, investment opportunities, starting a business, education, a new car or boat, or any other major expense. Since Wells Fargo’s Home Equity Lines of Credit are revolving loans, you can use only the money you need when you need it, much like credit cards. This credit is available at any time during your draw period with convenient access through your Wells Fargo credit card, checking account, ATM, online banking, or local bank. The draw period of a Home Equity Line of Credit is the amount of time the line of credit is open, usually ten years, after which the line of credit is closed and repayment starts. Keep reading further to learn how this topic can benefit you, as the rest of this article will supply you will the needed information. 

Advances taken out during this draw period may have small monthly payments in which only minimal amounts are paid toward the principle with the rest of the payment going to accrued interest, or interest only payments may be made. Wells Fargo offers plans that allow repayment of the Home Equity Line of Credit loan over a fixed period of time after the draw period has ended. Some of these plans allow up to thirty years repayment time. Interest of Wells Fargo Home Equity Lines of Credit is variable and tied to the Prime Lending Rate, the rate in which most major banks charge their largest and most credit worthy customers. This variable rate usually has a cap to limit how high of an interest rate can be charged and some have limits as to how low the interest rate can get. Variable rates are subject to quarterly adjustment though some plans offer a fixed interest rate. The interest paid on Wells Fargo Home Equity Lines of Credit is only paid on the funds that are used and is usually tax deductible. Like Home Equity Loans, Home Equity Lines of Credit have fees that may be charged for taking out the loan. Some plans call for one-time; up front fees while others have annual fees. Plans that offer low monthly payments during the draw period may require a balloon payment at the end of the loan period requiring the entire remaining balance to be paid. Other fees can also apply such as appraisal fee, credit check fee, and closing costs. The Federal Truth in Lending Act protects the borrower by requiring the lender to inform the borrower of all costs and terms when the application is given. Still need more information about this topic? To learn more, visit your local library or do a simple Internet search.

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Joe Doe in London, England purchased a

Ninja Silhouette

About 9 hours agoe
Ninja Silhouette 9 hours ago

Joe Doe in London, England purchased a

Joe Doe in London?

Joe Doe in London, England purchased a

Joe Doe in London?

Joe Doe in London, England purchased a