Category: finance

Categories
finance

Food Related Stocks You Should Consider Investing In

William Bronchick
William Bronchick
When considering investments in food-related stocks, it is wise to stay away from sectors that have been underperforming. Fast food and soda companies are falling off in sales and profits. William Bronchick, a private chef and caterer from Denver, shares his wisdom regarding investing in the food industry. He recommends investing in these 7 stocks to give your portfolio a boost.

1. Calavo Growers

This company is a leading supplier of avocados, papayas, tomatoes, fresh salsa, and prepared guacamole. Over the past year, Calavo Holdings’ stock price has increased from $65.85 per share to $99.00 per share. Calavo Holdings has benefited from the avocado trends in the food industry as well as a greater interest in Mexican flavors. This company is a good investment because the avocado trend shows no signs of slowing down. Fresh foods are doing better than prepared foods in today’s market.

2. Hormel

Hormel has been raising its dividends each year, making this stock an excellent purchase for people who are not looking for a short-term stock investment. Hormel has risen from $29.75 to $38.00 this year. Its brands include SPAM, Jennie-O, and Skippy peanut butter. While other prepared foods companies have struggled, Hormel has bounced back from a difficult 2017 to show earnings growth.

3. Post Holdings, Inc.

Post Holdings is historically a breakfast cereal company, though their lines of business have expanded to include freshly prepared foods like potatoes, meats, and eggs. This stock has grown from $70.66 to $88.93 this year. Post Holdings continues to do well despite an industry trend away from prepared foods.

4. McCormick & Co., Inc.

McCormick & Co. is a spice and extracts producer. This company has benefited from the trend toward home cooking rather than reliance on prepared foods. As people cook more, they look for simple products that help them make their food taste great. The stock has experienced significant growth over the past year, beginning at $90.25 and peaking at $120.23.

5. J & J Snack Foods

J & J Snack Foods made its fortune selling pretzels, ICEE frozen beverages, and other frozen novelties including Minute Maid, baked goods, and handheld frozen snacks. The company also owns Auntie Anne’s, a popular pretzel shop found in malls and airports around the country. This stock has had an overall growth in 2018, although it experienced a sell-off in February and another in May. The stock has recovered and has grown past its previous height from January. The low price for the year is $124.10 and the high is $159.05.

6. John B. Sanfilippo & Son

John B. Sanfilippo & Son specializes in nuts. They own such popular brands as Orchard Valley and Fisher. This company has benefited from the increasing health reputation of nut products. Providing a healthy but delicious snack food has made this company grow. This stock has grown significantly this year, with a low of $54.32 and a high of $77.84.

7. Tyson Foods

Tyson’s yearly low was $60.48 and its high was $84.65. While Tyson’s stock price is trending downward in the first half of 2018, market analysts recommend this stock for purchase. The chicken market is poised to turn around. Tyson’s frozen convenience foods, as well as their fresh chicken brands, continue to be popular in the United States.

These seven stocks are all highly rated by market analysts and are poised to continue growing in the second half of 2018. While no one can predict the stock market with complete precision, these stocks are considered good bets among the food sector. William Bronchick reminds investors that the trend in the food industry runs against prepared foods, sodas, and cereal and toward fresh and organic foods.

Categories
finance

Where Can I Get a Car Loan With Bad Credit?

bad credit loans

bad credit loans

A car is a necessity that most people will need in day-to-day living. It is much needed for transportation, logistics and your ability to access places for work or leisure. However, some people suffer from bad credit which prevents them from purchasing a car through a loan.

Is it possible to get a car loan with bad credit?

The answer is yes. There are a lot of companies offering several options. If you’re thinking about buying a car by loaning, read further to find out your options given a bad credit score.

6 Ways to Get a Car Loan with Bad Credit

 

1. Hard Money Loans

Hard money loans are an option offered which is connected to your real estate. In this case, your house becomes the collateral for the loan. Based on the value of the real estate you enter, this will be the amount of money provided for your loan. Take this option if you are confident that you can pay your dues on time. The possible risk of losing your real estate may be high if you aren’t sure if you can pay these loans under the designated agreement. Given that, hard money loans are relatively easy on the approval process as long as you have a property to show.

2. Bad Credit Loans

Bad credit loans are an umbrella of options if you’re someone who has a less than impressive credit score. There are several different routes that you can go by to get a loan for a car. One of these bad credit loans is given by the Federal Housing Association. There’s also an option called VA loans, which are regulated by the US Department of Veteran Affairs. Another way is through Subprime loans, which have high rates of approval, but has a quite a steep amount of interest.

3. Peer to Peer Lending

If you feel like you won’t be needing as much cash to purchase your car but still need a loan to complete your payment, you may opt to try peer-to-peer lending. In this option, you can choose to borrow money not from a company, but from a private person who is enrolled in a peer-to-peer lending program. In this scenario, interest rates may be a little higher compared to somebody with a good credit score, but it doesn’t take much required to get to borrow money through this program. Websites such as Lending Club offers this option.

4. Pawnshop Collateral

Another way to gain money for your car loan is through community pawnshops. If you have some gadgets, jewelry, or anything else of value with you, you can use these items to borrow a sum of money for your car payment. Like the non-conventional loans, the interest rates in these types of processes are usually higher, but as long as they verify that your items are authentic, they will be willing to lend you the money you need for your car. Make sure to pay on time, or like the hard money loan, you can also end up losing the materials you gave in exchange for the cash.

5. Consider Pre-approval

To increase your chances of getting a car loan, you can sign up for a pre-approval process through a bank or credit union. Going through this allows the bank to look over your expenses, total income, actual credit score and see which loans you can qualify for. By having this paperwork at hand, you can go to dealers and have a higher chance of approval. Paperwork can work wonders especially if you have an imperfect credit score. This shows to dealers that you have done your research and prepared well to secure a loan.

6. Finding a Great Dealer

Some dealerships are ultimately picky when it comes to their clients. Your goal is to avoid these kinds of dealers. You have to find a dealership that is willing to work with your despite your credit score, and trusts in your ability to deliver. To do this, you can get a list of dealerships in your area and contact them about your situation. Usually, those who are willing will still give you more information despite your status. Given that you find somebody who can agree with you, make sure to secure an income to pay your mortgage on time.

Bad credit doesn’t mean that you lose your chances of getting a car loan. In fact, there are a lot of options available both online and offline where you can secure a payment for your car. Just be sure to read all the fine prints carefully, and be wary of signing off agreements. In this way, you’ll be able to get a good deal and drive your car home.

Categories
finance

The Personal Finance Attitude That Plagues Our Society

For some, the question is, why is personal finance not taught in school? It is not clear whether people are not educated, or simply they don’t want to learn anything. Before I look into the crux of the issue, let me review a twitter feed that I engage in about finance. A good number of people believe that they were never taught personal finance. Those that were taught think that it was a waste of time; in fact, some are enrolling for private finance consultations instead of reviewing their school-learned lessons.

Before 1998, only 21 states had implemented personal finance in their educational curricula. Eighteen years later just 24 more states have done so to bring the total to 25. Today, only 22 states, out of 54, require students to pass a personal finance course before graduating. Considering that 73% of the US population is above 21 years, it not hard to see why they feel that they never received this critical information.

So, from reliable extrapolation, we can argue that majority don’t have the power over their finances. Once you get your money, ‘finance’ becomes an academic word. If the person is not taught in school, then, personal finance is just that, personal! If you cannot take the initiative, then the cruel hand of your creation will initiate you.

Research shows that majority of people rely on information from parents, mostly negative, about finance. If your parents are struggling with finances, you are likely to learn from experience. If they don’t, then, that lesson may never hit you until when it does. With finance, there is more than affording a mortgage, paying for college, medical insurance or even a holiday. It is about having a balanced lifestyle from youth to old age.

It is more about how you can transition from one stage of life to the next and managing it well. For example, the transition from youth to parenthood is not always backed with increases in income, yet the expenditure tends to increase significantly. So, personal finance is engaging in a thought-provoking decision plan. For example, individual finance should inform you on when to start a family and how to do that.

On average, to retire peacefully, you need $1.5 million. Assuming you have worked for 40 years to retire at 65, you need to save $37, 500. Unfortunately, the real median personal income for the country is $31,099. That sad reality can explain why the average American debt grows over 20 times faster than the US GDP, which is another worrying statistic. Firms such as Tweed Financial Services must worry about the trend.

A quick review of some of the personal finance courses available in schools shows that the classes are laden with financial jargon and little applicable knowledge. Tweed Financial Services is concerned that one does not need to know how to fill IFRS compliant forms to be perceptive about his finances. All the person needs is information enough to plan and execute a budget that includes what to earn, what to spend, what to save, how to save, and how to grow the savings.

My opinion is that personal finance knowledge should be a comprehensive learning process that should start in school and continue into adulthood. At the high school level, children should learn bookkeeping, budgeting, and a saving culture. As they progress in life, they must learn how to manage debt and earn. Once they have savings, they should learn ways and means to increase or multiply those savings. Later in life, they should focus on maintaining affordable lifestyles without breaking their lifelong commitment to a successful personal finance.

Categories
business finance small business

How Will General Liability Insurance Affect The Finances Of Your Small Business?

General liability insurance is the type of insurance that covers your business from lawsuits regarding personal injuries. If you are just starting your journey as an entrepreneur, you might be wondering: How much is this going to cost? The finances of your business are at the core of your operations. Each decision that you make affects the expense and profit that your business encounters. Let’s get into the details of general liability insurance, so that you can begin to understand how it will affect your finances.

What Is General Liability Insurance?

As a business owner, you may have to buy several separate kinds of insurance. Some plans will protect your products, others will be related to theft and equipment damage.

One of these policies will be titled “General Liability Insurance”, and it is in place to help you in case an individual makes a claim against your business. Claims can be unexpected. Do you think the McDonald franchise ever thought someone would sue them for having coffee that was too hot? They can also be outrageous.

A claim can be related to bodily injury that was sustained on your property, property damage that has occurred, or personal injury which can include psychological and emotional damage.

Whatever the claim may be, general liability insurance’s purpose is to pay for the fees associated with taking the claim to court. The insurance could pay for investigating the case, hiring a lawyer, and even part of the medical bills if your business is found at fault.

How Will My Insurance Policy Affect My Finances?

The rate that you pay for your insurance will depend on the type of business that you are, the number of employees that you have, and your location. One helpful survey, conducted by Hiscox, found that for small businesses with ten employees or less, the average cost of general liability insurance was thirty dollars per month.

As with many financial decisions, it is smart to consider in this case risk and reward. An inadequate policy carries the risk of financial disaster for your business if a claim is issued against you, and you do not have the financial means to defend yourself. The risk of spending more than might be necessary comes with a reward of being well taken care of when it comes time to mount a legal response or contend with an accidental injury.

Experts can help you decide what policy is right for you, or you could continue to do research online and get quotes from several companies and weigh your options. Some areas have higher risk for personal injury than others. The personal injury attorney Tampa community also finds that personal injury claims go up around certain times of the year. Consider speaking to a personal injury attorney so that you can learn about the kinds of claims that your insurance will be protecting you against.

The finances of your business will be the factor that decides whether it will continue to run or not. Budget concerns are very important. As you figure out your monthly and yearly budget, be sure to include general liability insurance in on your calculations.

Categories
finance

Updating Your Credit

Updating Yоur Crеdit

Holidays саn bе very ѕtrеѕѕful аnd fun at thе ѕаmе time. What most реорlе dо is gо shopping, rеlаx оr gо out-of-town and with thеѕе, it’ѕ hаrd tо mоnitоr уоur credit all at thе ѕаmе timе. Wе have tо mоnitоr оur сrеdit ѕсоrе аlwауѕ tо knоw maybe it’ѕ ѕtill on the right track or to simply juѕt know the uрdаtеѕ or its ѕtаtuѕ. Read dоwn to learn mоrе on whу уоu should mоnitоr уоur score.

  1. Aссurаtе аnd Cоmрlеtе Rероrtѕ

If уоu ѕign uр fоr a mоnitоring agency, you nоt оnlу get tо monitor your ѕсоrе, you саn get аn accurate rероrt of уоur асtivitiеѕ as well tо kеер уоu оn trасk of whаt уоu did. This will ѕurеlу come in hаndу even if уоu’rе оut fоr a vасаtiоn.

  1. Important Evеntѕ

Chаnging уоur nаmе оr аddrеѕѕ can make lеndеrs doubt уоu. Crеdit mоnitоring will рrоvidе уоu the uрdаtеѕ оn thеѕе ѕееminglу unimроrtаnt events

  1. Bе оn the Lookout

Whеn you’re оut fоr thе hоlidау, someone hаѕ to kеер uр оn аll уоur асtivitiеѕ. Crеdit score monitoring саn dо thiѕ for you. Knоw аbоut thе thingѕ thаt уоu miѕѕеd, likе billѕ оr dеbtѕ. Thiѕ will аlѕо monitor уоu if you’ve еxсееdеd уоur limit duе tо оvеrѕреnding.

  1. Idеntifу Thеft Prоtесtiоn

Who wаntѕ to be wоrrуing аbоut thеir сrеdit rероrt whilе rеlаxing? Nо оnе, with сrеdit uрdаtе, уоu саn easily check your rесоrd fоr fiѕhу transaction. With tоdау’ѕ intеrnеt, уоu can check your credit report as оftеn аѕ уоu wiѕh.

  1. Unаuthоrizеd Transactions

Othеr реорlе саn brеасh intо уоur record and add a hugе аmоunt оf dеbt tо your сrеdit. Thiѕ саn ruin уоur clean сrеdit ѕсоrе. Thеѕе ѕеrviсе will let you know whаt iѕ hарреning; уоu саn even ѕеt уоur own alerts to nоtifу уоu аbоut thеѕе updates

  1. Fееl Secure аll thе Timе

Knоwing thаt thеrе are ѕеrviсеs оut thеrе to kеер уоu uрdаtеd саn hеlр you lооѕеn uр еvеn whеn уоu’rе аwау. Prоtесt what you hаvе wоrkеd hаrd for frоm сrеdit frаud аnd dаmаgе аnd enjoy your hоlidауѕ.

While these credit services mау mеаn a lоt, thеу wоn’t mean a thing if уоu dоn’t check уоur rероrt rеgulаrlу. Juѕt rеmеmbеr thе bаѕiсѕ tо keep your credit ѕсоrе and report intact. Pay уоur billѕ оn timе, finiѕh оff your debts, stay оn a budgеt аnd аlwауѕ сhесk уоur credit rероrt. Thаt wау, уоu саn handle еvеrуthing with lеѕѕ effort.

 

Categories
about australia darren pawski finance synergy financial solutio

Darren Pawski – Darren Pawski

“Darren Pawski is the managing director of Synergy Financial Solutions, a boutique financial services firm that advocates a holistic and highly individualized approach to financial planning.”

Read More…

Categories
darren pawski finance real estate realtorage

Darren Pawski

“Darren Pawski is a longtime resident of Perth, Western Australia, where he has spent close to 30 years working in the finance industry while holding a number of critical leadership positions with some of the most renowned institutions in all of Australia, including Commonwealth Bank as well as sever”

Read More…

Categories
finance

John Ross Jesensky on Warren Buffett and the Future of Finance in the United States

 

When Warren Buffett of Berkshire Hathaway speaks out on any economic issue, even those with just a passing interest in matters of finance tend to listen. So after Buffett laughed off questions regarding the potential economic turmoil facing the United States should a certain presidential candidate take control of the White House, John Ross Jesensky was pleased to see that the “Oracle of Omaha” was largely unconcerned about the potential for disastrous future economic issues.
finance photo
Instead of pointing to the overreaction that tends to occur as a consequence of a demanding 24-hour news cycle, Buffett instead offered a glimpse of one of the traits that has made him so successful, citing the fact that no president or partisan philosophy has yet been able to stall overall growth during the course of his lifetime. Buffett went on to say that the GDP per capita has “gone up six for one” in real terms and should continue to rise unabated with output increasing even more in the future, a point that Jesensky has also made many times over in recent months.
Categories
finance Money

On the Value of Committing to an Ongoing Financial Education

maxresdefault (2)Many financial advisors are fond of explaining to clients how, for all intents and purposes, the most essential concepts and advice relating to personal finance are so simple that they can fit on a single, standard-size index card. In terms of the most basic and straightforward advice, there are few who would disagree with this notion and it certainly seems to be intuitively true that a practical approach to financial planning ought to be entirely uncomplicated. As the Groza Learning Center might point out, it is not often made clear by those fond of this particular maxim whether or not any of the information included on the index card will ever have to be replaced or otherwise updated.

The overwhelming majority of educators would be quite likely to agree that education, just like finance, requires an ever-changing approach in order to yield the best possible outcome. While the same basic principles will remain similar as time goes by, adjustments will have to be made and changes implemented based on the development of new and more effective practices and strategies. The same is true in finance, where the principles may remain largely unchanged but will have to be reviewed and adapted on a regular basis in order to generate the best possible outcome.

If, for example, an educator were to keep the same index card in his or her back pocket for the entirety of a teaching career, it is quite likely for that teacher’s students to be adversely affected by the lack of educational adaptation when compared to students of a teacher who has adapted his or her approach over time. Education, regardless of the subject matter, should always be considered an ongoing process.

Categories
finance

What Does the Paris Climate Change Agreement Mean for Investors?

Shrewd investors have been doing their due diligence on the wide variety of renewable energy resources that may ultimately become a primary source of energy now that carbon reduction is poised to officially be recognized as a worldwide goal. With the Paris climate change agreement being far more aggressive in the timeline outlined for the achievement of its goals than anyone could have reasonably predicted, investors are now feeling a far greater sense of urgency to invest wisely in order to reap the greatest possible financial reward.

There is also the issue of asset allocation for investors who must ensure that they are investing in a manner that is highly efficient in every possible way. While a business in need of facilities management can simply turn to a reliable service provider in 1 Stop Maintenance, investors have to research whether or not their financial consultant or advisor has developed a strategy that properly considers the possible consequences of a global climate change agreement in which the focus on reducing carbon emissions can lead to rapid changes affecting the success or failure of an investment strategy.

Unfortunately, the effect of the climate change agreement is not nearly as predictable as the consistently reliable services provided to facilities management clients by One Stop Maintenance. With thorough research, analysis and expert advice, it is much more likely that a solid investment strategy can be implemented in relatively short order.