Prophet Max Profits

Edward answers:

The good news is that you are asking the right questions. However, before you go into stock, bonds or shares, make sure you understand what is going on. You can end up losing a lot while you are trying to figure out how trading platforms work. Find a reputable company at your location and see what they recommend for long term investments. At this stage you will need a profesional to guide you.

On the other hand, investing in property is mostly a good idea, but, again you have to do due diligence. Location matters a lot. Whatever, you invest in , make sure you understand it and that it makes sense.

Edward answers:

Hi Friend, your requirement are very short term (like fees, education, loan payments) etc. I know people may have advised you to use the mutual fund route may give you good returns, but it is also risky.

Let me make it slightly simple for you, by giving you an idea of risk involved in various investment options:

(1) Fixed Deposits/ Recurring Deposits – Lowest Risk – Ideal for your type of goals (returns 7.5% p.a.)
(2) Mutual Funds (Debt Linked) – Medium Risk – You can consider 25% of your savings in debt linked mutual funds. But let me tell you returns will be almost similar to FD’s/ RD’s
(3) Gold – High Risk – Big No No. At present levels of gold price, I will recommend stay away from it. But you can consider Silver. But do not invest more than 20% of your savings.

Edward answers:

Talk to the locals, theres alot stuff americans buy from india , all you gotta do is be the middle. Establish an office, a website, a list of suppliers that want to sell to america and start marketing their products. If you have a good supplier of clothings, i wouldnt mind doing something. Right now i send designs to china to be made.

Edward answers:

Get 13% assured leasing income in Jaipur. Find Get 13% assured leasing income from a wide range of Apartments – For Sale only at Quikr …
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Edward answers:

You need to talk to a corporate lawyer and an accountant. You may be able to sell to a restricted number of high net worth individuals who have already expressed an interest to invest in this type of investment (probably broker’s clients. You will not be able to sell willy-nilly to the general public without some sort of legal prospectus. Be careful

Edward answers:

1. Risk of loss. Higher the risk, greater the compensation.
2. Time value of money. If you can earn more elsewhere, why settle for less compensation?

Seriously, these are mostly common sense questions. If I invest or save my money, how would that “impact the choice to delay consumption?’ Duh. If I’ve already invested my money or put it in a saving account, how can I spend it to consume anything else?

Similarly, if someone ignores risk, or seeks high risk because of higher returns, like with futures or options, “Why might investors who ignore these principles lose money?” Again, duh. You accept big risk, you better be ready for a big loss.

In Econ 101, we learn that risk and return have a linear relationship. With Return on the vertical axis of a graph and Risk on the horizontal scale, a 45 degree straight line represents the relationship. Bank savings and Cd’s are at the lower end, Bonds a little higher, stocks in the middle and futures and options at the high end for high risk and high return.

But here’s a question for your professor or teacher. If you bought a stock at the beginning of the Nineties, why doesn’t it have the same risk or the same reward potential if you bought it at the end of the Nineties? And how can the same stock have two different points on the straight line if this is a linear relationship, or true relationship. The theory is just that. It holds under normal circumstance, in most cases, including the classroom, but not in reality when the sheet hits the fan. In this case at the end of 1999, high risk offered zero potential and only a chance to lose it all when the dot-com bubble burst.By this example, even the saying “high risk, high returns,” is a fallible rule of thumb.

Edward answers:

Investment and Insurance are different thing. Never Do both things together. Otherwise only Brokers and Agents will earn.ULIP has high charges in starting. Don’t take it

Best Way to take Term Plan + MF ( Equity Diversified )

So for 1 Lac, Put 3,000-5,000 in term plan (20 lac insurance)
and 95,000+ for Investment in MF which will give superior return in long term as equity gives best return.

Regards,

www.equityahead.com

Edward answers:

Hi. I work in Oklahoma (your area may be different), but hopefully my experiance will help you decide.

First of all, during the peak part of the season (Last third of January to about the middle of February), I worked every day (5-10 pm in the evening and 15 hours on the weekend). It was a bit hard on my family. After peek ended, the hours were cut back to a low of about 10 hours per week. They picked up again near the end of the season to about 30 per week. Since I alerayd have a full time job, I worked nights and weekends exclusivly.

Just so you’re aware I (and everyone else) had to sign a non-compete clause, which stated that when I separate service I could not prepare a tax return for an H&R block client for two years within a 25 mile radius of the city limits of the town I worked in. Thus, if I didn’t like working for them I can’t just go work at a different tax company.

As mentioned before, the job is commission based. They gave a small draw (approx $6.50 to $7 an hour) against your commission, however. Your actually compensation starts at 19% of the paid return volume, and 15% of the optional Peace-of-Mind insurance program. During last tax season, I completed approximately 110 returns and made $4000 gross. Keep in mind I’m in Oklahoma, which has the lowest cost of living of any area, so I would expect the compensation to be higher elsewere. Besides the completed returns, II also had a number of returns I could not complete because they either walked (due to the cost of preparation and/or they had already done it with a tax software program and just wanted a second opinion) or I refused to complete due to obvious fraud.

Least you think I’m negative though, It was a really nice fit for myself. I didn’t have to worry about issues that might occur if I tried doing tax returns on my own, such as liability issues. I also didn’t have to do marketing, and didn’t have to invest my own money on expenses. When I ran into issues I had not dealt with before (IE, Indian exclusion) there were a number of seasoned preparers to consult and advise on how to handle the issue. I always tried to give my clients their money worth, and because of the little things I did (such as advice for the future) I was able to get about 60% to sign up for an appointment with me next tax season (a year in advance). These are clients I won’t have to share with the other preparers in my office next year.

In order to get hired on, they’ll require you to take a basic income tax class class. I’ve got $25 off coupons I’d be willing to send. You also can contact the local office and they should offer you a discount on the class. I didn’t know this and paid the full price. The class has completly changed this year. Previously it was on paper and pencil, and required about 3 hours outside of class for each instructional hour to complete all the exercies and reviews. Now however, they are advertising little work outside of class time, and you’ll be learning to prepare the returns on the same computer system you’ll use on the job. Around here, the classes start in September.

We also had interns, which were basically college students majoring in accounting who were doing the returns for not only cash, but college credit as well. They were treated exactly the same as 1st year preparers, including being required to sign the non-compete agreement and the same compensation.

Hopefully this helps answer your questions. Feel free to contact me if you have any follow-up questions.

Edward answers:

Not to condone their decision making process and poor communications, but you do need to realize it is not quite as simple as you suggest.

Unless you get special hardware know as a SWM, to get you set up with a DVR in place of a simple receiver would require they send a tech out to your house because the DVR will require a second coaxial run to the location of the DVR receiver, which they would not have installed if you originally wanted just a receiver.

Each time they run a tech to your home, they loose a considerable amount of money. The entire idea for the 24 month contract is that they need you as a customer for that amount of time to recoup their investment in you. Since for residential installs, the only contract length they have is 24 months, they will loose money on you.

I have exchanged receivers (in this case, a standard def one with a high def DVR) within a couple months of my original install, but I had paid extra for a SWM LNB so all they had to do was put the new DVR in a box and send it to me. They did not have to dispatch a tech.

>Additional Details
I have another HD receiver with DVR two feet away from it.<

It makes no difference. Each DVR (without SWM) needs its own coax which goes straight back to the LNB. So there would have to be 4 coax lines to this location.

Edward answers:

Think about it. If you could park your money at 5% in one country and at 2% in another, in which direction do you think funds will flow? There are billions of dollars that move each day. They tend to move in the direction of their highest return.

Edward answers:

On Form 1040:
- IRA Distributions: Lines 15a & 15b
- Pensions & Annuities: Lines 16a & 16b
- Social Security Benefits: Lines 20a & 20b

On Form 1040A:
- IRA Distributions: Lines 11a & 11b
- Pensions & Annuities: Lines 12a & 12b
- Social Security Benefits: Lines 14a & 14b

Edward answers:

I don’t think you’re qualified sir. You only have a total of 60 monthly contributions. For you to avail their retirement benefits, you must have 130 total monthly contributions or at least 10 years total contributions.

Edward answers:

Maybe…depends on how much other income you have. Check this page for a more complete answer on who pays when:

http://www.socialsecurity.gov/planners/taxes.htm

Edward answers:

Of an advance, civilized country? Yes.

Edward answers:

If you have been non resident for 50 years you will have little to do with the UK. Retirement income has nothing to do with Capital Gains Tax – that only happens when you realise a Capital Gain by selling an asset.

Or has the person inherited something or sold an asset in the UK?

Edward answers:

Sir Section 54 of the Income Tax Act 1961 gives the details of saving tax it goes that you have either to purchase bonds as you mentioned but it wont help as those bond would have to be reinvested in same Capital asset rather you can go for another same type of asset of same value you have 3 years from the date of sale or get your money invested in bond and keep renewing each tenure and the last option will be pay a tax and the correctly specifed rate

Edward answers:

Kinda of a multi part question:Let me break them up a little.

# Is Roku better?

In my opinion yes. If you are “super into Apple” and have ipads and iphones, then go with the Apple TV, otherwise, get a Roku. Same price, more features.

# I usually use CastTV or just go to the network’s page to watch episodes from my lapto

To watch TV shows you’ll have to use iTunes (on Apple) or Hulu Plus on Roku. You can’t use the networks website. You might look into the GoogleTV, it’s down to $99 now.

- 17R3W

Edward answers:

Look, my best advice is not to do what you think you can achieve the greatest success in. Never think that you could be “wasting your talents” by majoring in something else. In fact, if you chose to stay with something just because you thought you were good at it, but don’t really like it, you’d be wasting your happiness.
Talent vs. Happiness. Which is more important?
Bottom line, you should do what you honestly, and truly want, and love to do.
And that’s photography. Clearly.
But I’m sure you already knew that.

Good Luck!

Edward answers:

An actuary is an applied mathematician and
statistician who works for an insurance company
or for a consulting firm which has to value financial
products that involve risk and uncertainty.
The job market was excellent at one point but
it got a lot of publicity during the 1980′s and it become
more and more difficult to enter.
Ask yourself, how well do you perform on standardized
tests, especially mathematics tests. Moreover,
you want to consider what mathematics classes you
are taking and what grades you are receiving.
If you are a senior in high school, you need to be in PreCalculus
or Calculus and you should be earning test grades, on average, of
94% or higher, frequent 100%’s and only an occassional division
down to 80% or 85% . Your SAT math should be 650 or higher,
preferrably near 800 and your ACT math should be 27 or higher
preferably 32 to 36 .
In college, you will need to major in mathematics, economics, business,
or statistics if you are not in an Actuarial Sciences program. If you are in one
you will study plenty of these classes, as well as actuarial science itself, and of
course risk and insurance.
During college, you will take the first Society of Actuaries/Casulty Actuary Society joint
exam, called course 100 when I took it.
These tests are graded 0 to 10 and passing grades are 6 ,7, 8, 9 or 10 , failing grades are
0 through 5. More than half of all candidates fail this exam the first try.

I would expect actuaries to be employable by investment bankers since many financial products
involve life contingincies and other types of risky events that can use the expertise of a life
actuary or a property and casualty actuary.

It is not important where you attend school. It is MORE important that you learn mathematics,
statistics, economics, accounting, and insurance and risk well, close to an A average while you
are in school and try to get internships and experience while you are in college, perhaps during the summers.

Edward answers:

You don’t necessarily NEED an SUV, as do college students do have a lot of junk, a sedan or a hatchback would do perfectly fine. An SUV would also have a higher depreciation rate when gases start inflating again, and their MPG is horrible.

As for cars, the civic and the focus are great choices- have you also checked out the Mazda 3? The Mazda 3 comes in both sedan and hatcback forms, and it’s really fun to drive, stylish, and great on gas, plus it has a decent amount of cargo room.

If you really need the cargo room, go for a hatchback- the seats can fold flat for more cargo room like an SUV, but it still has the fun to drive aspect and the MPG of a sedan. For hatchbacks, check out the Mazda3, Toyota Matrix and VW Golf/Rabbit.

As for your macbook story, sorry it’s irrelevent. Granted your parents are pretty supportive/helpful in your college years (most parents would’ve made their children buy their own car, or buy whatever they wanted), there is simply a huge difference between upgrading a $1200 laptop to a $2000 laptop and upgrading a $18,000 car to a $30,000 SUV, and you have to keep in mind that the money that goes into the car is also an issue, your parents have more of an idea on what their financial situation is, and what they can shell out on a car.

Good luck!

Edward answers:

Personally I would invest half in US depleted housing market and place the rest in mutual funds. Http://www.mutualfundwealth.com/

Edward answers:

It sure takes some people a long time to grow up, doesn’t it?

Edward answers:

Without even looking at it, there is nothing that will pay you 6% a month – think about it. That is 6% x 12 = 72% a year. NOTHING pays this as a fund structure, or nothing that is legit does. Odds are its 6% a year, which equates to 1/2% a month.

Edward answers:

Applying for a B2 visa is a quite straight forward process. First of all you would have to submit an online application called ds-160, which you can do here: https://ceac.state.gov/genniv/. Once you complete the application you would have to pay the visa fee of $ 140 and then book an appointment for an interview (I believe you’d have to go the US Embassy in London). The appointments are booked on the US Visa Information Service website: http://usvisa-info.com/. Now, at the time of the interview you have to present the officer as many documents as possible showing your ties to the UK, so they don’t consider you as a potential immigrant in the USA. The documents could be:
* utility bills, cable bills, internet bills showing your name and address on them;
* A property deed or lease/rental agreement showing your place of residency in the UK;
* An insurance policy showing that you are the policy holder OR the beneficiary (if you have insurance);
* Any original identity documents in your name (i.e. Original Driver’s Licence);
* Your automobile insurance (if you drive);
* Bank statements;
Establishing a new business in the UK would definitely increase your chances of getting a visa, as I said they want to see that there’s something you would have to come back for.

Edward answers:

Good Profits,petty cash fine.
The Rich get Richer.
FSA is a broken feather duster,not a whip.
Ineffective,as it was designed to be.Government looks after it’s Chums,as per usual.