New Limited Premium Savings Plan from NTUC Income – about Financial

#ntuc travel insurance
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New Limited Premium Savings Plan from NTUC Income

NTUC Income has just launched a new short-term sav­ings plan. LP Revosave that only requires you to save for 5 years or 10 years.

You will be able to draw down cash­back of 5% of the Sum Assured from the end of second year onwards till maturity.

LP Revosave provides pro­tec­tion against death, Total per­man­ent Dis­ab­il­ity (Lost of sight, two legs etc.) regard­less of your cur­rent health. It is 100% guar­an­tee to be accep­ted. You will be covered for 105% of the premium paid for the first 3 years. From the begin­ning of 4th year, you will be totally covered with the Sum Assured, that means, full coverage!

This is how LP Revosave works.

1) You save a fixed sum of money to NTUC Income for 5 or 10 years.

2) At the end of second year, NTUC Income will return 5% of Sum Assured (called cash­back) to you. You can choose to

a) Spend it.

b) Save with us at cur­rent 3.5% per annum interest in Deposit Account issued by Income

3) At any point in time, you can with­draw the money from the Deposit Account.





05/11/2017

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Greek debt relief closer than ever but creditors must act, Greek


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Greek debt relief ‘closer than ever’ but creditors must act, Greek prime minister says

ATHENS Greek Prime Minister Alexis Tsipras kept up his demand for debt relief from international lenders on Tuesday, saying Athens was close to securing a solution to ease its debt mountain but that creditors must meet there commitments.

Greece wants to wrap up negotiations with the lenders — the European Union and International Monetary Find — on reforms and on debt relief this month.

It needs another tranche of bailout money, wants to qualify for inclusion in the European Central Bank’s bond-buying program, and seeks to return to bond markets immediately afterwards.

“We are closer than ever to a substantial solution on debt relief,” said Tsipras reiterating that Greece had already agreed to apply more austerity after its current bailout expires and it was its lenders’ turn to fulfill their promises of discussions about debt relief.

“Τhe ball is no longer in our court,” he told reporters referring to lenders’ statements on debt relief in past years.

Despite Greece’s recent statements and a bailout review agreement at staff level, sources close to the lenders have been less optimistic seeing talks on debt relief lasting longer than May.

This is because of sharp differences between the IMF and Germany, Europe’s paymaster, over the Greece’s fiscal targets. The former says Greece’s target and debt are unsustainable; the latter, with an election coming, is less willing to drop its hard line.

After six months of tense talks, Athens and the lenders reached a deal last week on a set of additional reforms the country needs to implement in 2019-20, two years after its current, 86-billion euro bailout program expires.

Greece wants euro zone finance ministers to approve the reforms’ deal at a scheduled Eurogroup meeting on May 22 — a key condition for unlocking vital loans — but also agree on a formula to make its debt sustainable in the medium-term and long term.

Debt sustainability is key for the European Central Bank and the Washington-based IMF, which participated financially in the country’s first two rescue packages, but has yet to announce whether it will join Greece’s current program, the third since 2010.

Greek lawmakers are expected to vote on the new austerity package by May 18, before euro zone finance ministers assess the country’s progress.

Tsipras, who is sagging in opinion polls and whose term expires in 2019, controls 153 lawmakers in the 300-seat parliament and he is expected to pass the bill.

But the delays in the negotiations have slowed projected economic growth and have exacerbated reform fatigue after seven years of austerity hurting the government’s popularity further.

Asked whether he was considering a cabinet reshuffle, Tsipras ruled it out.

“We are not considering it. Our aim now is to speed up work as much as we can,” he said during a visit at the education ministry, where he announced a planned education reform.

(Additional reporting Angeliki Koutantou Editing by Jeremy Gaunt)

Reuters is the news and media division of Thomson Reuters. Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Learn more about Thomson Reuters products:

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03/11/2017

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Average income of a lawyer #average #income #of #a #lawyer


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Attorney / Lawyer Salary

Job Description for Attorney / Lawyer

Attorneys apply the law to specific situations and advise their clients on a course of action based on legal rights and responsibilities. Some attorneys work in the business world, providing counsel to corporate clients on business transactions. Other attorneys work with persons in the legal system, advocating on their behalf and representing them in court actions.

Attorneys specialize in an area of law, such as contracts, criminal cases, or patent litigation. Most lawyers work in private practice, either self-employed or with a group of attorneys hired by clients for specific matters. Some lawyers work as in-house counsel for a corporation or government entity.

Since much of the legal system is time-sensitive, most attorneys must work long hours. Most attorneys work in an office environment, law library, or a courtroom setting.

Attorneys must complete many years of education; after attaining an undergraduate degree, they must complete a program, typically three years long, at a law school to obtain the juris doctorate degree (J.D.). To practice as an attorney, one must pass a lengthy, difficult examination that varies state by state. Attorneys must have excellent analytic ability and be able to interpret laws and legal rulings. They must be skilled at gathering and applying information, as well as be very detail-oriented, able to retain large amounts of information, and accurate in execution of their duties. Attorneys must have excellent communication skills, both verbal and written, and be able to generate persuasive arguments. They also must excel at problem-solving tasks.

Attorney / Lawyer Tasks

  • Advise clients in business transactions, claim liability, advisability of prosecuting or defending lawsuits or legal rights and obligations.

Common Career Paths for Attorney / Lawyer

Attorney / Lawyer in Hillsborough:

Behind the culture bell curve.

Pros: I have an awesome boss who has been a great mentor. We work with real people with real issues, so most days are pretty active. I feel that I m learning a lot about how basic elements of how the world works.

Cons: Really only the formality of the culture: the suits, the impossible expectations (of clients) of perfection from a human system, etc. I miss feeling like a regular human being in jeans and a t-shirt on the sidewalk.

Attorney / Lawyer in Crown Point:

Pros: Challenge, Diversity of Responsibilities and Work Performed/Clients Represented, Trials, Mediation, Direct Interaction and Decision Making with Clients, Collaborative Team Environment.

Cons: Support staff, lack of technology and progression of firm management, lack of availability of managing partner, micromanagement of some tasks and clients.

Attorney / Lawyer in Aurora:

Stress and lower pay than expected.

Pros: Complex, but much easier once you get into the swing of everything. The people are personable and the wins feel great.

Cons: The losses feel terrible. Even in a field where, by definition, one side loses every time, there is an extreme stress to NEVER lose. Three wins can t get you to sleep if you have one loss. Combine that with the fact that significant vacation and great pay are pipe dreams in the current economy.

Attorney / Lawyer in Salt Lake City:

Being A Lawyer Can Be As Great As You Decide To Make It.

Pros: You can be as good as you are willing to be. If you really delve in and prepare your case well, surprisingly, you will be ahead of most other lawyers.

Cons: Sometimes you have to deal with some of the worst human beings you may ever encounter, and I m not talking about your clients.


01/10/2017

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INCOME FROM HOME-BASED TRAVEL AGENCY – Travel Agent Jobs #travel #tips

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INCOME FROM HOME-BASED TRAVEL AGENCY

Athena in Fairfield, California

48 months ago

VOA in Ottawa, Ontario said: PLEASE CAN SOMEONE IN CANADA OR the U.S. PLEASE TELL ME APPROXIMATELY HOW MUCH ONE CAN MAKE AS HOME-BASED TRAVEL AGENT? PLEASEEEEEE HELP! I really interested in this but I would like to know if it is worth it. I like traveling myself.

Hey, I see no one has responded to you, which is wrong. I went to college and earned 3 certificates in Travel in 2008. I started a home-based business through a host agency for a brief time. If you have a good host agency that is legit, and that pays a good commission split (with low fees), and that has good training and a good reputation, you could do o.k. But, you have to hustle to find your business, and you are in competition with the internet. None of these agencies give you leads, the only one I know is American Express, and you have to have sold approx. $100,000 dollars worth of travel in order to work with them. However, if you find a niche, and a good agency, it is worthwhile because you can travel with FAM trips, and get diccounted travel.

Look on NACTA to find a certified, bonified host agency. Check everything out to see which one suits you, and call them to see how they represent themselves on the phone.

Blessings, keep me posted; happy holidays.





25/09/2017

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Free Tax Help from AARP Foundation Tax-Aide -AARP States #aarp #income


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Free Tax Help from AARP Foundation Tax-Aide

The countdown to tax day begins…now! From February 1 through April 16, AARP Foundation Tax-Aide – the nation’s largest, volunteer-run, free tax preparation program – is ready to help taxpayers with basic federal and state income tax returns.

Available to middle- and low-income taxpayers, with special attention given to those 60 and older, AARP Foundation Tax-Aide provides face-to-face assistance at nearly 250 sites across Massachusetts including senior centers and libraries. Find a site near you .

Last year, AARP Foundation Tax-Aide volunteers helped more than 39,000 Massachusetts residents with tax returns and questions. Over and over, the exceptional quality of service provided by these dedicated volunteers earns the program high marks in customer satisfaction.

AARP Foundation Tax-Aide volunteers are well-versed in federal and state tax rules, and focused on helping taxpayers identify all the tax credits and deductions for which they may qualify, including:

  • “Circuit Breaker” tax credit which is available for Massachusetts property owners and renters who are age 65 and older and meet certain criteria;
  • Energy Efficiency Credits which may be available to qualifying Bay State residential property owners; and,
  • Schedule HC, proof of health insurance coverage, which is required of all Massachusetts residents.

“Nobody is more grateful than a senior with low-income who just found us, was expecting to get no money back on his or her return, but gets a refund thanks to the ‘Circuit Breaker’ tax credit,” says Tom Ligon of Wayland, the volunteer state coordinator for AARP Foundation Tax-Aide. This year’s maximum “Circuit Breaker” credit is $1,000; however, an amended return may be filed for up to three years.

Bottom line: AARP saves you and your family money with AARP Foundation Tax-Aide. And, our volunteers are ready to serve.

This year, more than 600 AARP Foundation Tax-Aide volunteers have been trained in conjunction with the Internal Revenue Service and the Massachusetts Department of Revenue.

If married, both spouses should be present during an income tax counseling session. Taxpayers must have available all information and documents that apply to their 2011 income taxes, including:

  • Proof of identity (picture or other documentation).
  • All income statements that apply to the taxpayers.
  • Social Security number (Social Security card or Benefit Statement-Form SSA-1099) for taxpayer and all dependents.
  • Copy of last year’s federal and state tax returns.
  • Personal check if direct depositing tax refund, with bank checking account and routing numbers.

AARP Foundation Tax-Aide is administered by the AARP Foundation in cooperation with the Internal Revenue Service. The AARP Foundation is an affiliated, 501(c)(3) nonpartisan, charitable organization established in 1961. To learn more, visit www.aarp.org/taxaide .


17/09/2017

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Credit and Fixed Income Funds #high #yield #fixed #income #funds


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Credit and Fixed Income

Benefit from investments that can deliver capital stability, income and liquidity by investing with one of Australia s leading credit and fixed income managers.

At Perpetual we offer a range of cash, credit and fixed income solutions and are specialists in investing in quality debt. We take a highly active approach to buying and selling credit and fixed income securities and invest extensively across industries, maturities and the capital structure.

We aim to create well-diversified and highly liquid portfolios that perform well across market cycles. We focus on generating income and seek to avoid losses so that portfolio returns are stable.

While some fixed income securities can move in the same direction as share markets, our prudent risk aware approach seeks to provide the defensive attributes investors expect from fixed income such as high levels of capital security, consistent income, liquidity and a low correlation to shares.

Why invest in credit and fixed income?

Improve the predictability of your portfolio

The regular income stream from credit and fixed income investments can provide some predictability and stability to overall returns.

Predictable outcomes

We focus our portfolio on delivering predictable outcomes – capital stability, regular income, and liquidity. These are characteristics that investors generally seek from defensive asset classes.

Risk Aware

We will only add risk to our portfolios when we expect it will be sufficiently rewarded. This ensures that the defensive qualities of our portfolios are not compromised.

Stable and experienced team

Perpetual s experienced credit and fixed income team have delivered through different market cycles, with the senior portfolio managers working together for over a decade. Our current capability set has been built on a strong foundation, with Perpetual managing debt-like portfolios since 1966.

Active trading of quality assets

Perpetual s approach is to actively manage good quality credit and fixed income assets. Quality assets tend to be more liquid, have lower transaction costs, are issued in greater volume, and are more likely to experience spread contraction as they approach maturity. An active risk aware approach can help to add value for investors across the less transparent fixed income markets.


08/09/2017

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Is Vanguard Wellesley Income The Only Retirement Fund You Need? #vanguard


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Is Vanguard Wellesley Income The Only Retirement Fund You Need?

  • Vanguard Wellesley Income Fund’s combination of conservative allocation, low expenses, and a solid long-term performance record makes it an ideal choice for retirees.
  • The fund has returned an average of 10% per year over its 45-year history while maintaining a conservative 40% stock and 60% bond allocation.
  • Measured against the major stock market indices, this fund has proven its ability to smooth out much of the market’s short-term volatility while delivering above-average returns.

When it comes to retirement planning, I’m a firm believer that simpler is better. Many advisors will recommend a platter of different fund and ETF choices that cover nearly all asset classes and risk levels. By the time it’s all said and done, you’ve got a needlessly complex portfolio that’s challenging for the layperson to manage as time passes and personal circumstances change.

What if you could find a fund that covers all the bases, has a long history of solid performance, comes priced cheap and keeps it nice and simple? The Vanguard Wellesley Income Fund (MUTF:VWINX ) just might be what you’re looking for.

Wellesley Income started way back in 1970 and has been delivering for decades for conservative investors. Since its inception, this fund has delivered a 10% average annual return – more than sufficient for someone who’s looking to fund a long retirement. Perhaps more important, take a look at the long-term performance chart when compared to the SPDR S P 500 Trust ETF (NYSEARCA:SPY ).

The chart only goes back to the early 1990s, but the point to be made is clear. The S P 500 experienced a lot of volatility in 2000 when the tech bubble burst and again from 2007-2008 during the financial crisis. You can see that the conservative 40% stock/60% bond allocation has served its purpose in smoothing out a lot of the highs and lows the broad stock market has experienced over time – something that is exactly what retirement income seeking investors are looking for. The fund has underperformed the S P 500 in recent years – something that should be expected given the overall stock market’s performance – but the idea that the fund has achieved its overall objective remains intact.

Vanguard is known for its rock bottom expense ratios, and this fund is no exception. With an expense ratio of just 0.25% (its lower-cost Admiral class of shares (MUTF:VWIAX ) charges just 0.18%), Wellesley falls far below the 0.84% expense charge for similar funds. Retirement portfolios should consist of low-cost choices as that means more money ends up in your pockets, and Wellesley certainly fits the bill.

The composition of the fund is right in the range of what you’d look for in an appropriate retirement investment as well. Wellesley’s average stock holding falls into the Large Value segment and includes big names like Wells Fargo (NYSE:WFC ), Johnson Johnson (NYSE:JNJ ) and Exxon Mobil (NYSE:XOM ) although growth names like Microsoft (NASDAQ:MSFT ) and Intel (NASDAQ:INTC ) are peppered in there as well.

The fund’s bond holdings fall into the medium-term investment grade category. The average duration on these holdings is 6.9 years, which is a little on the high side, but all bonds in the portfolio are rated investment grade (about 20% of the bond portfolio is in Treasuries) and help juice the fund’s overall 2.3% yield.

One of the things that every portfolio should have – retirement or otherwise – is international exposure. Just 6.2% of Wellesley’s stock portfolio and 2.6% of its bond holdings would be categorized as foreign. That’s a little on the light side, but I don’t consider it too concerning given the global presence of many of the fund’s holdings. The prospectus stipulates that as much as 20% of the portfolio can be invested in foreign securities although the fund hasn’t closely approached that figure any time recently.

It’s tough to put a one-size-fits-all stamp on any investment choice, but Vanguard’s Wellesley Income Fund may be pretty close. If you use the “110 minus your age” theory for how much of your portfolio should be in stocks vs. bonds, Wellesley’s 40/60 allocation is right on target for many retirees (although older and more risk-averse retirees may choose something with a higher bond allocation).

The professional management at a lost cost with a solid long-term track record is exactly what a retirement portfolio should consist of. With Wellesley checking off many of the boxes on a retiree’s must-have list, this fund could be the only retirement choice you need.

Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

The author wrote this article themselves, and it expresses their own opinions. The author is not receiving compensation for it (other than from Seeking Alpha). The author has no business relationship with any company whose stock is mentioned in this article.

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04/09/2017

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Total Return Swap (TRS) #swap, #swaps, #total #return #swap, #trs, #asset


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Total Return Swap (TRS)

A Total Return Swap (TRS) is a bilateral financial transaction where the counterparties swap the total return of a single asset or basket of assets in exchange for periodic cash flows, typically a floating rate such as LIBOR +/- a basis point spread and a guarantee against any capital losses. A TRS is similar to a plain vanilla swap except the deal is structured such that the total return (cash flows plus capital appreciation/depreciation) is exchanged, rather than just the cash flows.

A key feature of a TRS is that the parties do not transfer actual ownership of the assets. as occurs in a repo transaction. This allows greater flexibility and reduced up-front capital to execute a valuable trade. This also means Total Return Swaps can be more highly leveraged, making them a favorite of hedge funds.

Total Return Swaps (TRS) are also known as Total Rate of Return Swaps (TROR).

The Total Return Swap market is strictly institutional over the counter (OTC). Market participants include investment banks (Goldman Sachs, JPMorganChase), commercial banks (Bank of America, Sumitomo), mutual funds (Prudential, Merrill Lynch Asset Management), hedge funds, funds of funds, private equity funds, pension funds (CalPers), university endowments (Harvard, University of California), credit card lenders (American Express, MBNA/Bank of America), insurance companies (AIG, State Farm), governments, non-governmental (NGO) organizations (World Bank, Inter-American Development Bank), home loan banks (FHLB, Fannie Mae, Freddie Mac), and the Treasury departments of large multinational corporations (Wal-Mart, British Petroleum). A variety of special purpose vehicles (SPVs) such as CDOs and real estate investment trusts (REITs) also participate in the TRS market.

The TRS market was traditionally between commercial banks where one party (Bank A) had exceeded its balance sheet limits, and the other (Bank B) had balance sheet capacity available. Bank A could shift assets off its balance sheet synthetically and gain additional income with less risk. Bank B could “lease” the assets of Bank A by paying some regular cash flows and offering a guarantee against any capital losses.

In the last 10 years, hedge funds and special purpose vehicles have become a major force in the TRS market. Now the most common use of a TRS is for “leveraged balance sheet arbitrage”, whereby a hedge fund lacking a large balance sheet and seeking leveraged exposure to particular assets pays for that exposure by “leasing” the assets from a major bank, mutual fund, or securities dealer. The hedge fund hopes to generate high asset returns without having to tie up its capital by buying those assets for its own account. The bank, fund, or dealer hopes to generate additional cash flow by charging a spread over and above the market returns it receives from lending or other activities, and receiving a guarantee against depreciation of the assets.

A TRS can be structured on any type of reference asset. including single equities, indexes, leases, oil-backed credit obligations, baskets of corporate bonds, mortgages, municipal bonds, other swaps or derivatives, real property, credit card ABS, residential MBS, CDO notes, investment grade convertible bonds, etc. This makes the range of potential market participants extremely broad.

TRS Transaction Structure

A TRS is made up of two legs, the Return Leg (or Total Return Leg) and the Funding Leg. The reference asset or basket of assets exists on the Return Leg. The cash flow payment stream exists on the Funding Leg.

The Return Leg is generally made up of two components: cash flows and capital appreciation of the reference asset(s). The Funding Leg also has two components: floating coupons based on LIBOR +/- a spread and payments to offset any capital depreciation of the reference asset(s).

Additional legs may be structured to account for reinvestment of returns, interest payments on collateral / haircuts, multi-currency flows, or differing payment schedules. Fees, spreads, principal payments, etc. may be added in a customized structure.

The Return Leg counterparty is called the Total Return Payer, Swap Seller, Buyer of protection, or Beneficiary. Here, we will use the term Total Return Payer or TRP. The TRP (typically a bank, fund, or dealer) has a long position in the reference asset or basket of assets, holding them on its balance sheet. The TRP “buys protection” on these asset returns by agreeing to pay all of the future returns of the reference asset(s) in exchange for a floating stream of payments, usually LIBOR +/- a spread, plus a guaranteed offset of any capital losses incurred by the reference asset(s). The TRP gives up one set of expected future returns (capital appreciation, coupons, fees, dividends, etc.) in exchange for another set of future returns (LIBOR coupons +/- a spread) and capital loss insurance. This allows the TRP to lock in the value of its asset(s) and receive additional income.


04/09/2017

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Income Tax Filing Requirements #tax, #taxes, #turbotax, #irs, #filing #status, #irs


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Income Tax Filing Requirements

With the second half of tax season here, it s time to get those gears in motion to start filing. Tax season means getting your paperwork and finances in order. While it may not seem exciting, filing taxes is manageable. Plus you may have a tax refund waiting. An overall understanding of the filing process is a great place to start.

IRS Filing Requirements

If you re a U.S. citizen or resident alien and you meet filing requirements, you are required to file an income tax return.

According to the IRS, you must check these income requirements to determine if you required to file:

  • Gross Income: All your income including wages, tips, capital gains, tips, gambling winnings, and more should be claimed on your taxes if in 2016 it is at least:
    • Single: $10,350
    • Married (filing separately): $4,050
    • Married (filing jointly): $20,700
    • Head of Household: $ 13,350
    • Qualifying widow(er): $ 16,650
  • Filing Status: The five filing statuses are single, married (filing separately), married (filing jointly). head of household, and qualifying widow(er) with dependent child. Your filing status has a bearing on the deductions and exemptions you can take.
  • Age: If you re 65 or older, you can have a higher gross income before you re required to file taxes.
    • Single: $11,900
    • Married (filing jointly) one spouse 65 older: $21,950
    • Married (filing jointly) both spouses 65 older: $23,200
    • Head of Household: $14,900
    • Qualifying widow(er): $17,900

What exactly is your adjusted gross income?

Your adjusted gross income is basically your entire gross income minus any allowable tax deductions called above the line deductions. Some of them include:

  • Health Savings Account
  • Moving Expenses
  • Self-employed Health Insurance
  • Alimony Paid
  • Student Loan Interest
  • Tuition and Fees

Your adjusted gross income is not the same as your taxable income.

What s the difference between your adjusted gross income and taxable income?

After your adjusted gross income has been calculated, you are then allowed to either take a standard deduction or itemized deductions. The standard deduction ($6,300 single, $12,600 married filing jointly) or itemized deductions, whichever one you are eligible for and gives you the lowest tax liability is subtracted from your adjusted gross income.

Final Thoughts

Even if your income is below the income filing requirements you should still file your taxes if you had federal taxes taken out since you may see your withholding come back in the form of a tax refund especially if you are eligible for a refundable tax credit like the Earned Income Tax Credit. Every year the IRS reports close to $1 billion in unclaimed refunds and the average unclaimed refund is about $700. Also, if you purchased health insurance in the Health Insurance Marketplace, you need to file to report your health insurance status.

Don t worry about knowing these tax laws and how to make these calculations. TurboTax will ask you simple questions and calculate your taxable income and give you the tax deductions and credits you are eligible for based on your answers.

How are you preparing this tax season?

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24/08/2017

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Amana income fund #amana #income #fund


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Total Annual Fund Operating Expenses, deducted from Fund Assets: 1.39%

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original value. Current performance of the Fund may be lower or higher than the performance data quoted. Performance data current to the most recent month end may be obtained by clicking here .

What is Halal Investing? Investment options for the socially responsible.

Record Date: December 28, 2016
Ex-Date December 29, 2016
Ordinary Income Rate per share: $0.00301699
Short Term Capital Gain rate per share: $0.28325
Long Term Capital Gain rate per share: $0.59522

Total Adjustment of Share Price: $0.88148699

Mutual Funds Shareholders are entitled to their respective share of a Fund’s net income and capital gains on its investments. A Fund is required to pass through substantially all of its earnings along to its investors as distributions. Generally, Funds distribute capital gains, if any, annually.

When a Fund earns dividends from stocks and distributes these earnings to shareholders, it is called a dividend distribution.

A Fund realizes capital gains when it sells securities for a higher price than it paid. When net long-term capital gains are distributed to shareholders, it is called a capital gain distribution.

Net short-term capital gains are considered ordinary income and are included in dividend distributions.

On the day the distribution is declared, the amount of the distribution is deducted from fund assets and calculated as a per share amount to be passed through to shareholders. On this day, the fund’s share price will decline by the amount of the distribution (plus or minus any share price change related to market activity).

The Iman Fund (symbol: IMANX ) invests in Shariah -compliant companies, in response to the needs of Muslim investors, who not only want to have a financially rewarding investment, but a Shariah compatible one as well. Since June 2000, IMANX has provided Muslims with an investment option based on Islamic principles.

The Iman Fund is offered by Allied Asset Advisors.

The Fund seeks growth of capital while adhering to Islamic principles. The Iman Fund comprises investments that meet Islamic principles. Under the normal circumstances, the Fund invests its net assets in domestic and foreign securities chosen by its Investment Advisor that meet Islamic principles. Islamic principles generally preclude investments in certain industries (e.g. alcohol, pornography and gambling) and investments in interest bearing debt obligations or businesses that derive a substantial amount of interest income. Any uninvested cash will be held in non-interest bearing deposits or invested in manner following Islamic principles. Under normal circumstances, the Fund plans to fully invest its assets in securities that meet Islamic principles. The Investment Advisor is advised by a Board of Trustees of prominent Islamic scholars and community leaders from the United States.

The Iman Fund offers the following benefits:

  • Shariah compliance – The Fund adheres to Islamic principles. Based on Islamic criteria, the following businesses are generally excluded: Alcohol, Tobacco, Pork-related products, Conventional financial services (banking, insurance, etc.), Weapons and defense, Entertainment (hotels, casinos/gambling, cinema, pornography, music, etc.) The Fund does not invest in interest-paying instruments frequently used by mutual funds as overnight or temporary investments, and instead may hold cash on a temporary basis.
  • Diversification – The Fund offers diversification with a portfolio of over 100 Shariah -compliant companies in diverse business sectors.
  • Low Expenses – The Fund is a no load fund with one of the lowest annual fees of Shariah -compliant funds available. (Source: Allied Asset Advisors)
  • Accessibility and Flexibility -The Fund is available at Charles Schwab One Source. the largest mutual fund marketplace. In addition, it is available through Ameritrade. Scottrade. VanGuard 401K Plans and TD Waterhouse. The Fund offers flexible accounts and services including telephone purchase and redemption, and check writing.
  • Active Portfolio Management – An actively managed portfolio enables the Fund to take advantage of future opportunities in the market while staying true to Islamic principles. Among the securities that meet Islamic principles, the Investment Advisor determines a security’s attractiveness for purchase based on a number of factors, including its anticipated value and record of earnings growth, among other things.

Mutual Fund investing involves risk; principal loss is possible. The Fund invests in foreign securities which involve greater volatility and political, economic, and currency risks and differences in accounting methods. It is possible that the Islamic Shari’ah restrictions placed on investments and reflected in the main investment strategies may result in the Fund not performing as well as mutual funds not subject to such restrictions.

Diversification does not assure a profit or protect against a loss in a declining market.

The prospectus contains more complete information, including risks, fees and expenses related to an ongoing investment in the Fund. Please read the prospectus carefully before you invest or send money.

While the fund is no-load, management fees and other expenses still apply. Please refer to the prospectus for further details.

The Fund has been referred to by Morningstar, Cnnfn, The Wall Street Journal and Crain’s Chicago Business .

The Wilshire 5000 Total Market Index (Wilshire 5000) measures the performance of all U.S. equity securities with readily available price data. Approximately 5,000 capitalization-weighted security returns are used to adjust the index. The Dow Jones Islamic Market US Index is a diversified compilation of U.S. equity securities considered by Dow Jones to be in compliance with Islamic principles. The index is constructed from stocks in the Dow Jones Indexes (DJGI) family. Dow Jones believes that these stocks are accessible to investors and are well traded. The DJGI methodology removes issues that are not suitable for global investing. Prior to July 31, 2013, the performance of the Dow Jones Islamic Market US Index does not include the reinvestment of dividends. The Dow Jones Islamic Market World Index is a compilation of 56 country-level benchmark indexes considered by Dow Jones to be in compliance with Islamic principles. The index provides a definitive standard for measuring stock market performance for Islamic investors on a global basis, in accordance with Dow Jones Indexes established index methodology. Prior to April 30, 2008, the performance of the Dow Jones Islamic Market World Index does not include the reinvestment of dividends.

The Dow Jones Islamic US Index tracks Shariah compliant stocks from the United States. The Russell 3000 Growth Index measures the performance of those Russell 3000 Index companies with higher price-to-book ratios and higher forecasted growth values. The S P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general. You cannot invest directly in an index.

Dow Jones and Dow Jones Islamic Market US Index are service marks of Dow Jones Company, Inc.

The Fund is offered only to United States residents with a valid social security number, and information on this site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of the Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.

Investment performance reflects fee waivers in effect. In the absence of such waivers, total return would be reduced.


20/08/2017

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Individual income tax forms and guides (Forms and guides – by


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Individual income tax forms and guides

If you are a New Zealand resident person who held, during the tax year, an attributing interest in a foreign investment fund (FIF) comprised of shares in a foreign company or units in a foreign unit trust and you elect to use the comparative value method to calculate your FIF income or loss, use this form for the calculation and complying with the disclosure requirements. Note that this form can only be used for income years ending prior to 31 March 2008.

This form enables a person that has calculated foreign investment fund income or loss using the cost method to disclose the required information concerning their interests. The form does not include a worksheet for calculating FIF income or loss. You can use our foreign investment fund calculator under “Work it out”.

This form enables a person that has calculated foreign investment fund income or loss using the comparative value method to disclose the required information about their interests. The form does not include a worksheet for calculating FIF income or loss. You can use our foreign investment fund calculator under “Work it out”.

This form enables a person who has calculated foreign investment fund (FIF) income or loss using the fair dividend rate method to disclose the required information about their interests. The form does not include a worksheet for calculating FIF income or loss. You can use our foreign investment fund calculator – go to “Work it out”.

This factsheet gives you a general overview of the GST rules that apply when you buy or sell land.

This factsheet tells you what to do if you’re leaving New Zealand and want to file a tax return before the end of the tax year.

If you are a New Zealand resident person who held, during the tax year, an attributing interest in 10 or more foreign investment funds (FIF) comprised of shares in a foreign company or units in a foreign unit trust and you elect to use the comparative value method to calculate your FIF income or loss, use this form for the calculation and complying with the disclosure requirements. Note that this form can only be used for income years ending prior to 31 March 2008.

This guide explains who is a New Zealand resident for tax purposes. The tax residence rules are different from the New Zealand immigration residency rules.

This guide will help non-residents complete their income tax return – IR3NR, and help determine who qualifies as a non-resident for tax purposes. This guide is for the 2007 income year.


18/08/2017

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Fixed-Income Security #fixed #income #settlement #process


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Fixed-Income Security

BREAKING DOWN ‘Fixed-Income Security’

A fixed-income security, commonly referred to as a bond or money market security, is a loan made by an investor to a government or corporate borrower. The borrower, or issuer. promises to pay a set amount of interest, called the coupon, on a predetermined basis until a set date. The issuer returns the principal amount, also called the face or par value. to the investor on the maturity date .

Examples of Fixed-Income Securities

Treasury bills are sold by the U.S. government. Corporate bonds are issued by companies. Municipal bonds are issued by states, their agencies and subdivisions. A certificate of deposit (CD) is issued by a bank. Preferred stock pays a dividend in a set dollar amount or percentage of share value on a predetermined schedule. Take for example, a 5% fixed-rate government bond where a $1,000 investment results in an annual $50 payment until maturity when the investor receives the $1,000 back. Generally, these types of assets offer a lower return on investment because they guarantee income.

Benefits of Fixed Income

Fixed-income securities generate regular income, reduce overall risk and protect against volatility of a portfolio. The securities can appreciate in value and offer more stability of principal than other investments. Corporate bonds are more likely than other corporate investments to be repaid if a company declares bankruptcy .

Risks of Fixed-Income Securities

The generally low risk of investing in fixed-income securities results in typically low returns and slow capital appreciation. A principal balance may be tied up for a long time, resulting in lost income by not investing in other securities. Interest rate fluctuations cause bond prices to change, potentially resulting in lost income by having money locked into a lower-interest bond and not being able to invest in a higher-interest bond. Bonds issued by a high-risk company may not be repaid, resulting in loss of principal and interest. Investing in international bonds may result in losses due to exchange rate fluctuations. For example, if a U.S. investor owns bonds denominated in euros, and the euro decreases in value relative to the U.S. dollar, the investor’s returns are lowered.


18/08/2017

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Analyst favourites: Top three US equity income funds #top #equity #income


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Analyst favourites: Top three US equity income funds

For income investors, the US equity market offers an abundance of opportunities. The trick is finding the right fund and manager that can identify and take advantage of those companies offering the best yield.

Rob Morgan, investment and pension analyst at Charles Stanley Direct, picks three US equity income funds worthy of a place in any income-seeker s portfolio.

1. Jupiter North American Income

This fund managed by Sebastian Radcliffe is less of a pure income fund and more income and growth . He looks to identify companies that are able to grow their dividends potentially quite quickly from a low base, combining these with more established dividend payers.

This could result in a better result for investors seeking the best total returns, though for those that are seeking to maximise short term income the yield may seem unappealing. However, it is my pick in this sub-sector as I rate him highly as a stockpicker and he runs a high conviction portfolio in this fund.

2. JPM US Equity Income

Clare Hart and Jonathan Simon run a fairly traditional equity income strategy and use a fair bit of mid-cap exposure, which has added value since launch nearly five years ago. It is also a fairly broad-based fund with more than 100 holdings making it a decent fund to consider for wide exposure to the US market as well as for yield.

3. Neptune US Income

While short term performance has been behind the sector, this has much to do with the relative under performance of some emerging markets-facing stocks. It is possible the fund could come back strongly should these enjoy a renaissance.

The manager, Rebecca Edelman, is keen to have a balanced portfolio rather than one weighted towards traditional dividend-paying areas such as telecoms, utilities and consumer staples. Only the latter represents a significant part of the fund. Elsewhere there is significant exposure to economically sensitive areas such IT, financials, industrials and retail.


17/08/2017

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Utah Social Security Disability Lawyer #salt #lake #city, #disability, #attorney, #utah,


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Welcome

Utah Social Security Disability Benefits Lawyer

At the Salt Lake City law firm of Ward Harper, Attorney at Law, we help people throughout of Utah, including Salt Lake City, Ogden, Provo, Orem, Logan, Vernal and Price, to establish their right to benefits under disability benefits programs run by the Social Security Administration. Contact our office for a free evaluation of your case.

The Social Security disability claims process can present many hurdles for people trying to establish their eligibility for benefits. I represent individuals throughout the claims process. At the third stage of the process, I represent claimants in hearings before administrative law judges to prove their disabilities and right to collect payment. I usually win by the administrative hearing stage. But if not, I appeal. I have taken cases all the way to the 10th Circuit Court of Appeals.

Success in SSDI and SSI Appeals

I have won 99% of my cases since January 2001. Through September 2010, this amounted to 940 wins and 8 losses. I have won 1665 cases since 1994. Attorney Ward Harper will personally represent you before a judge and make the decisions in your case, not an associate or paralegal.

No Legal Fees Unless We Obtain Benefits for You

I charge no attorney’s fee while we are working on your case. Our standard fee is 25 percent of past-due benefits when we collect them on your behalf, up to a maximum of $6,000, if we win before appealing to federal court, as we usually do. Future benefits are all yours. You therefore pay nothing up front to benefit from our experience and skill.

Ward Harper has focused on Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) cases for his entire career as a lawyer (since 1988) and advocate for Utah Legal Services since 1984. With more than 26 years of experience and a proven record of success in Social Security benefits litigation, he can help you collect the benefits you need. Contact his office in Salt Lake City for a free evaluation of your claim .

Every legal matter is different. The outcome of each legal case depends upon many factors, including the facts of the case. An attorney’s success in past legal matters should not be relied upon to predict a successful outcome in your own case.


13/08/2017

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INCOME FROM HOME-BASED TRAVEL AGENCY – Travel Agent Jobs #travel #weather

#home based travel agent
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INCOME FROM HOME-BASED TRAVEL AGENCY

Athena in Fairfield, California

48 months ago

VOA in Ottawa, Ontario said: PLEASE CAN SOMEONE IN CANADA OR the U.S. PLEASE TELL ME APPROXIMATELY HOW MUCH ONE CAN MAKE AS HOME-BASED TRAVEL AGENT? PLEASEEEEEE HELP! I really interested in this but I would like to know if it is worth it. I like traveling myself.

Hey, I see no one has responded to you, which is wrong. I went to college and earned 3 certificates in Travel in 2008. I started a home-based business through a host agency for a brief time. If you have a good host agency that is legit, and that pays a good commission split (with low fees), and that has good training and a good reputation, you could do o.k. But, you have to hustle to find your business, and you are in competition with the internet. None of these agencies give you leads, the only one I know is American Express, and you have to have sold approx. $100,000 dollars worth of travel in order to work with them. However, if you find a niche, and a good agency, it is worthwhile because you can travel with FAM trips, and get diccounted travel.

Look on NACTA to find a certified, bonified host agency. Check everything out to see which one suits you, and call them to see how they represent themselves on the phone.

Blessings, keep me posted; happy holidays.





06/08/2017

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Undergraduate Degree vs #associate #degree #vs #bachelor #degree, #undergraduate #degree #vs.


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Undergraduate Degree Vs. Graduate Degree: Income and Salary Comparison

Undergraduate vs. Graduate Degree Salary

In general, graduates of master’s degree programs earn more than those with an undergraduate degree in similar positions. Overall, however, individuals with a bachelor’s degree earn slightly more than individuals with a master’s degree. Individuals with a professional or doctoral degree earn around $30,000 more than either.

According to 2014 data from the United States Department of Labor, U.S. workers with a bachelor’s degree earned a median salary of $69,260, while U.S. workers with a master’s degree earned a median salary of $65,330. Meanwhile, someone with a doctoral or professional degree could expect to earn around $98,940.

Salaries for college graduates vary by subject, as well as the level of degree earned. However an individual with a master’s degree can expect to earn more than an individual with a bachelor’s degree in a similar position. For instance, according to the 2015-2016 College Salary Report done by Payscale, an accountant with a bachelor’s degree earned an average salary of $46,900. Meanwhile an accountant with a master’s degree earned an average salary of $55,600.

Find schools that offer these popular programs

  • Agriculture
  • Architecture
  • Biological and Biomedical Sciences
  • Business
  • Communications and Journalism
  • Computer Sciences
  • Culinary Arts and Personal Services
  • Education
  • Engineering
  • Legal
  • Liberal Arts and Humanities
  • Mechanic and Repair Technologies
  • Medical and Health Professions
  • Physical Sciences
  • Psychology
  • Transportation and Distribution
  • Visual and Performing Arts

Salary Comparison

The table below shows the average starting salaries according to Payscale’s 2015-2016 College Salary Report:

  • Doctorate
      • Ph.D. in Business Administration
      • Ph.D. Health Sciences
      • Ed.D. in Educational Leadership
      • Ph.D. in Educational Leadership
  • Master
      • Master of Arts in Education
      • Master of Business Administration
      • Master of Science in Health Sciences
      • Master of Science in Human Resources Management
      • Master of Science in Information Technology Management
      • Master of Science in Emergency and Disaster Management

Get Started with Trident University

4 Strayer University

Minimum eligibility requirements:
  • Must be a high school graduate or have completed GED
School locations:

Get Started with Strayer University

5 Concordia University Portland

Minimum eligibility requirements:
  • Applicants must have a Bachelor’s degree or higher.
School locations:
  • Doctorate
      • EdD in Educational Administration
      • EdD in Teacher Leadership
      • EdD in Higher Education
      • EdD in Transformational Leadership
      • Ed.D. Professional Leadership, Inquiry, and Transformation
  • Master
      • MEd in Curriculum & Instruction – Leadership
      • M.Ed. in Curriculum and Instruction – Online Teaching and Learning
      • M.Ed. in Curriculum and Instruction – STEAM (Science, Technology, Engineering, Art, and Math)
      • MEd in Curriculum & Instruction – Methods & Curriculum
      • M.Ed in Curriculum & Instruction – Common Core State Standards
      • M.Ed. in Curriculum and Instruction – Early Childhood Education

Get Started with Concordia University Portland

6 Colorado Technical University

Minimum eligibility requirements:
  • Must be a high school graduate or have completed GED
School locations:

Get Started with Colorado Technical University

7 Saint Mary’s University of Minnesota

Minimum eligibility requirements:
  • Must be a high school graduate or have completed GED
School locations:
  • Master
      • Master of Arts in Health and Human Services Administration
      • Master of Arts in Human Resource Management
      • Master of Arts in International Development
      • Master of Arts in Organizational Leadership
      • Master of Arts in Special Education
      • Master of Science in Accountancy

Get Started with Saint Mary’s University of Minnesota

8 Herzing University

Minimum eligibility requirements:
  • Must be a high school graduate or have completed GED
School locations:

Get Started with Herzing University

9 University of Delaware

Minimum eligibility requirements:
  • Applicants to University of Delaware online programs must have a high school diploma or the equivalent. Additional requirements may vary by program.
School locations:
  • Master
      • Online Master of Public Administration
      • Master of Business Administration
      • Master of Business Administration – Finance
      • Master of Business Administration – Healthcare Concentration
      • Master of Business Administration – International Business
      • Master of Business Administration – Triple Concentration

Get Started with University of Delaware

10 Wilkes University

Minimum eligibility requirements:
  • Applicants to the RN to MS programs must have an Associate’s degree or higher. All other Master’s programs require a Bachelor’s or higher. The DNP program requires a Minimum of a Master’s degree.
School locations:

05/08/2017

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Assisted Living Residences and Affordable Apartment Living for Seniors in Colorado


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SHO-A Reputation for Compassionate Service

Founded in 1979

500 Residents 200 Caring Staff

Dedicated leadership Affordable Housing Over 30 Years of Service

Quality Results High Satisfaction

Urban and rural areas where we are needed the most

Available to all income levels Underserved populations

Our Mission: To provide promote quality affordable housing and services in a caring environment for older adults in Colorado.

SHO Today:

Senior Housing Options, Inc. (SHO) is a charitable organization that serves low and moderate income elderly and adults with physical and mental disabilities. We currently own and/or manage both assisted living and affordable apartment living units for over 500 residents including properties in Cortez, Denver, Granby, Kremmling, Longmont, and Parachute. SHO generates its own revenues to the extent possible and manages resources well, but still there are unmet needs that require us to ask for help from individuals, businesses, and foundations to assure high care for all residents.

SHO s Annual Report

Fiscal Year 2014-2015

Getting Started-A Brief History

2015: Barth Hotel voted Best Theater for a Good Cause

2015: Madison House voted Best Assisted Living in Montezuma County by Cortez Journal Readers

2014: Madison House voted Best Assisted Living in Montezuma County by Cortez Journal Readers

2013: Cliffview receives Dementia Care Leader Certification

2013: Madison House voted Best Assisted Living in Montezuma County by Cortez Journal Readers

2012: Madison House voted Best Assisted Living in Montezuma County by Cortez Journal Readers

2011: Madison House voted Best Assisted Living in Montezuma County by Cortez Journal Readers

2010: LoDo District Limelight Spotlight Award Nominee (one of three)

2008: Precision Plumbing Community Award to Cinnamon Park Assisted Living, Longmont

2006: Community Shares Member Agency “Rookie of the Year”

2003: El Pomar Awards for Excellence Finalist-The R.J. Montgomery Award for Excellence in Human Services Seniors

2002: El Pomar Awards for Excellence-Finalist-The R. J. Montgomery Award for Excellence in Human Services/Seniors

1999: Lower Downtown District Inc. Good Neighbor Brick

1987: Ecumenical Housing was changed to Senior Housing Options to reflect its expanded operation throughout the State of Colorado and to more clearly reflect our mission. With the success and positive feedback from both residents and families, we began receiving requests to manage and/or build facilities from other organizations outside the metro Denver area.

1987: Aging in Place leads to Assisted Living. It became apparent that as many of the residents in these two initial properties were getting older and they needed additional services. SHO began creating assisted living residences which were licensed by the State and certified to accept residents receiving Medicaid.

1985: Downtown Denver Inc. Award of Merit

1979: Ecumenical Housing is created. Ecumenical Housing was a community effort developed to serve elderly and disabled people being displaced from their homes in downtown Denver due to urban renewal. New office towers were quickly dislocating people who had resided in affordably priced hotels and boarding homes. The first two acquisitions to respond to this need were the Olin Apartments and The Barth Hotel.

In This Section


31/07/2017

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Fixed Income #fixed #income #management


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Fixed income

This absolute return, multi-sector fixed income strategy provides potential for an attractive solution in the current low-yield bond market environment.

  • focuses on preserving capital, providing a more favourable long-term risk return outcome
  • 10 year plus track record, backed by robust investment processes and in-house investment research
  • provides access to an experienced global credit team.

This strategy is a core fixed income investment solution investing in global sovereign bonds and credit markets.

Offering a flexible approach and covering a wide universe, we invest only where we see value.

Returns are driven by a combination of sector rotation, duration, country and security selection.

The strategy provides investors with exposure to developed market government and quasi government bonds.

It adopts a low-risk approach that includes a diverse source of alpha strategies.

We provide investors with unparalleled access to infrastructure debt opportunities. These can be seen as a higher yielding alternative to long-term sovereign and high quality corporate bonds. They have a significantly longer duration and lower risk profile than high-yield debt.

With an abundance of emerging market issuers, our strong research capabilities enable us to seek consistent excess returns without incurring undue risk for our clients.

  • issuer risk over sector and country risk resulting in a corporate debt-focused portfolio
  • supply and demand factors such as liquidity and issue structure
  • local political and geopolitical considerations
  • risk-controlled portfolio construction.

Through superior credit research, we are able to generate consistent excess returns over the long term without incurring undue risk.

  • proprietary in-depth fundamental research (free cash flow, balance sheet, analysis)
  • capital structure and covenant analysis
  • a detailed review of management and industry trends
  • risk control
  • building well-diversified portfolios.

Our superior credit research allows us to generate consistent excess returns without incurring undue risk.

  • proprietary, in-depth fundamental research (free cash flow and balance sheet analysis)
  • bottom-up portfolio construction
  • security-specific risk above sector risk
  • building focused portfolios
  • risk control.

This strategy exploits perceived pricing inefficiencies for securities exposed to credit, prepayment, liquidity and currency risks.

We provide clients with consistent excess return potential over the long term by:

  • focusing on optimal security selection
  • emphasising spread sectors
  • building duration-neutral portfolios with attractive risk and reward characteristics.

We offer a range of Australian fixed interest strategies including:

  • true index, which provides investors pre-tax index returns with no fund management fees
  • enhanced, which seeks to marginally outperform the index through low-risk strategies applied to an indexed core
  • active, which seeks to provide strong and consistent performance over a full market cycle.

We have been one of Australia’s largest money managers since 1980.

With a focus on maintaining liquidity and preserving capital, we offer true to label investment solutions.

As one of Australia’s largest credit managers, we seek to improve traditional cash returns with a diversified range of non-government securities.

We focus on high quality credit assets which, in a low yield environment, provide an Australian fixed income alternative with no duration risk.

Fixed Income

The material and information on this web page and the web pages accessed through this web page (together, the “website”) is for distribution only to persons who are not a retail client (defined by section 761G of the Corporations Act 2001 of Australia) and who are sophisticated investors, professional investors or other investors who do not require disclosure under Part 6D.2 of the Corporations Act 2001 of Australia. If you access this website, you are confirming you are entitled to do so under all applicable laws, regulations and directives in all applicable jurisdictions.

By proceeding to access the pages on this website, you agree and confirm that:

  • You have read, understood and accept the above disclaimer;
  • Your access to this website does not violate applicable laws, including the laws of your home jurisdiction;
  • You are not a “retail client” within the meaning of the Corporations Act and agree not to disclose the information to a person who would be a “retail client”; and
  • You are either: (a) not a “U.S. person” as that term is defined in Regulation S under the US Securities Act of 1933 (the “US Securities Act”), are not in the United States, and are not acting for the account or benefit of a U.S. person, (and you will not make a copy of any prospectus or any other material contained on this website available to, or distribute a copy of such prospectus or other material to, any such U.S. person) or (b) a “qualified institutional buyer” as that term is defined in Rule 144A under the US Securities Act.

If you access this website, you are confirming that you are entitled to do so.

*At 31 December 2015

This information is provided for general purposes only, without taking into account any potential investors’ personal objectives, financial situation or needs. It should not be relied upon by the recipient in considering the merits of any particular investment. It is not an offer to buy or sell, or a solicitation to invest in or refrain from investing in, any securities or other investment product. Nothing in this article constitutes investment, legal, tax, accounting or other advice. The recipient should consider its own financial situation, objectives and needs, and conduct its own independent investigation and assessment of the contents of this article, including obtaining investment, legal, tax, accounting and such other advice as it considers necessary or appropriate.

This information is a general description of the Macquarie Group only. Before acting on any information, you should consider the appropriateness of it having regard to your particular objectives, financial situation and needs and seek advice. No information set out above constitutes advice, an advertisement, an invitation, a confirmation, an offer or a solicitation, to buy or sell any security or other financial, credit or lending product or to engage in any investment activity, or an offer of any banking or financial service. Some products and/or services mentioned on this website may not be suitable for you and may not be available in all jurisdictions. All securities and financial products or instrument transactions involve risks. Past performance of any product described on this site is not a reliable indication of future performance.


27/07/2017

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Fixed Income #fixed #income #trader #salary


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Fixed Income

BREAKING DOWN ‘Fixed Income’

Fixed-income investors who live on set amounts of periodically paid income face the risk of inflation eroding their spending power. The most common type of fixed-income security is a bond. Bonds are issued by federal governments, local municipalities and major corporations. Fixed-income securities are recommended for investors seeking a diverse portfolio; however, the percentage of the portfolio dedicated to fixed income depends on your own personal investment style. There is also an opportunity to diversify the fixed-income component of a portfolio. For instance, you might have a portfolio with 50% in investment-grade bonds, 20% in Treasurys, 10% in international bonds and the remaining 20% in high-yield bonds. Riskier fixed-income products, such as junk bonds and longer-dated products, should comprise a lower percentage of your overall portfolio.

Fixed Income vs. Stocks

There are two main types of investments in the capital markets. debt and equity. Equity, or company shares, is considered ownership in the company, and investors receive a return based on share price appreciation and/or dividends. Fixed-income investors do not have an ownership stake in the company but act as lenders of capital. In exchange for interest, fixed-income investors lend their money to firms. As a result, they are considered creditors and often have a claim in case of bankruptcy or default, though small, making the investment less risky than equity. In case of default, shareholders lose all cash invested.

Interest Payments

The interest payment on fixed-income securities is considered regular income and is determined based on the creditworthiness of the borrower and current market rates. In general, bonds and fixed-income securities with longer-dated maturities pay a higher rate, also referred to as the coupon rate. because they are considered riskier. The longer the security is on the market, the more time it has to lose its value and/or default. At the end of the bond term, or at bond maturity, the borrower returns the amount borrowed, also referred to as the principal or par value.

Examples and Risks

Some examples of fixed-income investments include Treasurys, money market instruments, corporate bonds, asset-backed securities. municipal bonds and international bonds. The primary risk associated with fixed-income investments is the borrower defaulting on his payment. Other considerations include exchange rate risk for international bonds and interest rate risk for longer-dated securities.


24/07/2017

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Highest Tax Saving Bank Fixed Deposit Rates 80C – May 2017


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Highest Tax Saving Bank Fixed Deposit Rates U/S 80C May 2017

Highest Tax Saving Bank Fixed Deposit Rates 80C May 2017

Tax Saving Fixed Deposits one of the most popular way to save taxes u/s 80C of income tax. These are like normal Fixed Deposit with banks but is labeled as “Tax Saving FD” while making the deposit.

Why you Should Invest?

  1. Convenient to invest. ICICI Bank, SBI, HDFC Bank, etc offers online facility for Tax Saving FD
  2. Redemption on maturity comes directly to your bank account
  3. High Safety FD up to Rs 1 Lakh is insured

Why you Should Not Invest?

  1. There are lot of competing products like EPF, PPF, ELSS to exaust the investment of Rs 1.5 Lakh u/s 80C
  2. The interest earned is taxable
  3. Cannot be withdrawn prematurely
  4. Cannot be pledged to secure loan or as security

Tax Saving Fixed Deposit Interest Rate

Bandhan Bank and Bank of India have reduced their interest rates (compared to last month) on tax Saving FDs.

Also State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore have merged with State Bank of India effective April 1, 2017.

As of May 1, 2017 banks are offering 6.00% 7.50% for general public and 7.00% 8.00% for Senior Citizens.

  1. The best Tax Saving Fixed Deposit Interest offered is 7.50% for General Public byThe Ratnakar Bank
  2. The best Senior citizens Tax Saving Fixed Deposit Interest offered is 8.00% by The Ratnakar Bank

The table below lists the banks in alphabetical order with their respective interest rate offer on Tax Saving FDs for General and Senior Citizens.

The highest Interest Rates have been highlighted :

Taxation TDS Tax Saving Fixed Deposits:

The interest received on tax Saving Fixed Deposit is fully taxable. The interest income is considered as income from other sources for Tax filing and taxed at marginal tax rates applicable.

TDS would be deducted at the rate of 10% of the interest paid, if the interest paid exceeds Rs 10,000 in a financial year. You can see the same in Form 26AS .

In case your income does not exceed taxable slab and so want to avoid TDS, you can submit Form 15G or 15H when making the deposit. You would also need to submit the form at the start of every financial year to the concerned bank branch.

Key Points – Tax Saving FD:

Below are some of points to keep in mind while investing in Tax Saving Deposits:

  1. As the Tax Saving FD scheme was introduced in Budget of 2006, it s also known as Tax Saving Deposit scheme 2006 (Notification Number 203/2006 and SO1220 (E) dated 28/07/2006)
  2. Most of the banks accept deposit of 5 Years only. However there are banks with deposit tenures of more than 5 Years
  3. You can deposit on either Single or Joint name. However benefit of tax deduction is available for first holder only.
  4. Most banks offer interest rate which is similar to their 5 years term deposits. Only a few banks give slightly higher interest rate for their Tax Saving Fixed Deposits
  5. Most banks give Senior citizens and their staff members additional interest of 0.25% to 0.5%
  6. Depositor can opt for either cumulative or non-cumulative way of crediting periodical interest
  7. Don’t be mislead by banks advertisements about their yield on Tax Saving FDs. Those are manipulative calculations
  8. Be cautious of small co-operative banks as they have higher risk than bigger private and public sector banks
  9. Depositor gets benefit U/s.80C of the Income Tax Act. 1961
  10. Minimum deposit is Rs.100 and in multiples thereof
  11. Maximum deposit in a Financial Year Rs.1,50,000/- [i.e. 1st April to 31st March of the following calendar year]
  12. Deposits cannot be withdrawn prematurely
  13. Deposits cannot be pledged to secure loan or as security

Disclaimer:We have tried to keep interest rates up to date, but as these change frequently you are advised to check with the bank before investing. Also it would be great if you can point out any errors through comments or email!

Direct link for Interest Rates on FDs of Banks:

Below is the direct link for Interest Rates of Major Banks. You might want to check the interest rates before doing your FD.


10/07/2017

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The Average Income of a Cattle Rancher #average #income #of #a


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The Average Income of a Cattle Rancher

Cattle ranchers’ salaries vary by location and other factors.

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Many people become cattle ranchers because they grew up in a family of ranchers and may have even inherited a ranch. Others become ranchers after making a high salary in another field. These people have enough money saved to help offset the high initial price of setting up a cattle ranching business. People who become cattle ranchers and rely solely on their new ranching income to offset start-up costs tend to have a tougher beginning, since it takes time to earn a profit. The salary of cattle ranchers can vary widely according to factors such as the size of the business and how many cattle they have.

Rancher Salaries

The income of a cattle rancher depends on whether or not he owns his land. Ranchers who own their land have an average yearly income of about $70,000 to $80,000, although the range can be from around $30,000 to over $100,000. Typically, a rancher who owns his land will see the higher salary further on in his career. Beginning ranchers need to spend on cattle, equipment and marketing. However, many do not own the land they work on but are hired as managers. They may have median salaries of around $50,000, although the earnings can rise if the manager is successful and is hired to manage larger ranches.

Factors That Affect Salaries

Weather, health of the herd and geographic location can affect salaries. In addition, cattle ranchers can receive money from the government in the form of subsidies that lessen costs and risks. Most cattle ranchers work full time.

Earnings by State

The average salary of cattle ranchers, along with farmworkers and other ranch hands, varies according to the state in which they work. The highest paid workers are in Maine, Massachusetts, Pennsylvania, Maryland, South Carolina, Wyoming, Utah and Nevada. The lowest-paid workers live in Kansas, Oklahoma, North Dakota, Kentucky, West Virginia, Vermont and Tennessee.

Future Outlook

Employment of cattle ranchers is expected to decline just slightly by around 8 percent. Because machinery is expected to become more expensive, cattle ranchers who own their land may need to be well capitalized to stay in business. However, government subsidies and loans will continue to help new ranchers. For example, the USDA Farm Service Agency Direct Operating Loan helps ranchers and farmers obtain money for equipment and supplies. Ranchers who are hired as managers will continue to have opportunities in the future, although they will likely need a college education and real-world experience to compete with other job applicants. Managers who have taken classes in marketing and finance, along with animal and wildlife courses, will likely be most in demand.


09/07/2017

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New Limited Premium Savings Plan from NTUC Income – about Financial

#ntuc travel insurance
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New Limited Premium Savings Plan from NTUC Income

NTUC Income has just launched a new short-term sav­ings plan. LP Revosave that only requires you to save for 5 years or 10 years.

You will be able to draw down cash­back of 5% of the Sum Assured from the end of second year onwards till maturity.

LP Revosave provides pro­tec­tion against death, Total per­man­ent Dis­ab­il­ity (Lost of sight, two legs etc.) regard­less of your cur­rent health. It is 100% guar­an­tee to be accep­ted. You will be covered for 105% of the premium paid for the first 3 years. From the begin­ning of 4th year, you will be totally covered with the Sum Assured, that means, full coverage!

This is how LP Revosave works.

1) You save a fixed sum of money to NTUC Income for 5 or 10 years.

2) At the end of second year, NTUC Income will return 5% of Sum Assured (called cash­back) to you. You can choose to

a) Spend it.

b) Save with us at cur­rent 3.5% per annum interest in Deposit Account issued by Income

3) At any point in time, you can with­draw the money from the Deposit Account.





28/03/2017

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