The rent to own idea may sound like a good idea for those buyers who do not qualify for a mortgage yet but they want to go for fulfilling their dream of home ownership anyways. While this may sound like a good idea but there is alot you need to consider before you decide on going for a rent to own process.  [Read more…]

Online gambling is getting more and more popular these years. Many see it as a fun and exciting way to spend some time and get the rush of adrenaline when you’re hoping to win some money. But not every gamble step is wise, so in this article, we will describe three common mistakes, so you can avoid them.
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Despite how much technology has advanced over the years, there are still many health insurance companies that hesitate to undergo digitalization. Indeed, those who are more used to the traditional ways of doing things tend to perceive the pursuit of innovation as an all-or-nothing endeavor. They also worry that such innovations will entail several years of implementation and will cost millions of dollars, not to mention the risks involved in making such a big investment. [Read more…]

Online gambling allows you to enjoy your favourite casino games from the comfort of your home, on your bus, or at work. While they offer the ultimate in convenience, it can sometimes be difficult to curtail your habits. This is why you need to have a strategy before getting started. Bankroll management should be a priority for any gambler, but especially those who like to play online. Here are a few money management tips for online casino players.  [Read more…]

Gold, silver and other precious metals have intrinsic value. People want to own it, give it as gifts and pass it down to future generations. While precious metals can make great investments for your future or as a hedge against inflation and falling stock market prices, it’s essential to make sure that you’re prepared before shopping around for investments you can touch.

New investors often ask themselves whether they should buy minted bars of gold and silver, coins or other forms of precious metals. For investment purposes, it’s best to go with objects that have a high percentage of precious metal in them. For instance, gold bars and coins often have 99.99% gold, making them a reliable investment that’s easy to melt down and repurpose or resell.

With gold selling at over $1,800 per ounce, finding a reputable source to get the most out of your investment is important.

This article asks and answers many important questions for new investors.

What Is the Best Way to Invest in Precious Metals?

There are two main ways to invest your money in gold, silver and other precious metals. You can choose to buy bullion bars and coins or put your money into exchange-traded funds (ETFs) that focus on valuable metals.

Investing through an ETF provides a convenient way to break into the gold market. Keep in mind that when you invest in an ETF, you don’t own any metal. So, you can’t claim or resell the physical commodity. That can make a difference in times of economic crisis, especially if the fund has weak management that isn’t likely to look out for the interests of investors.

On the other hand, when you buy physical gold, such as a 1 kilo gold bar, you own the actual asset. This allows you to store it outside of financial institutions you have no control over. Although you’ll need to take precautions to keep your investment safe, owning real gold, silver or platinum can leave you with a tradeable commodity even in difficult economic times.

Should I Buy Gold or Silver?

Gold and silver both have their advantages when it comes to investing. Those who buy silver can do so with a lower entrance barrier since silver costs a fraction of the price of gold. However, gold is highly coveted and retains its value. Additionally, the price of gold is more consistent and less volatile than silver and other precious metals. It’s highly prized, making it a significant investment even if you have to save up to purchase raw gold.

Bullion Bars or Coins — Which One Offers the Best Return on Investment?

Bullion coins such as the Gold American Eagle retain their value and are easy to trade. While sovereign coins are typically a safe investment, they’re more valuable at home than abroad. When you buy smaller bullion bars in one ounce or 1 kilo sizes, they retain their value anywhere in the world. You run the risk of higher transaction costs. However, in times of monetary crises, it may be safer to diversify your gold investment with bullion bars that aren’t connected to the Central Bank or U.S. Treasury.

What Bullion Coins Should You Buy?

Suppose you decide to buy bullion coins as part of your physical raw metal stockpile. In that case, both the American Eagle and Canadian Maple Leaf coins in silver or gold have high precious metal content (nearly 100%). The Australian Kangaroo or English Britannia coin also holds their value well over time. However, it’s a good idea to stay away from bullion from lesser-known sovereign nations. It’s just too hard to validate the precious metal content during the ordering process, which typically happens online.

Commemorative editions priced at higher rates may not retain their value during a crisis, so it’s a good idea to skip those as well.

Keep in mind that gold bars are easy to verify when you use a reputable trader.

Where Should You Buy Precious Metals?

When you buy from local mom-and-pop shops, it’s hard to tell whether you’re getting the real deal. Unless you want to become a metallurgist, finding a large broker with a proven reputation for integrity and value is important. With this in mind, shopping online presents the easiest way to find high-quality gold bullion.

You may even find a broker who can take possession of the bullion and store it securely. By maintaining a chain of custody using trusted dealers, you may find it easier to prove the value of your gold if you have to sell it.

Key Takeaways

Knowing the answers to these five crucial questions tells you everything you need to know to get started investing in precious metals.

Key takeaways:

• Remember to look for a dealer with a proven reputation for integrity and honesty.
• Ordering online offers you a convenient way to purchase your gold and silver.
• Investing in precious metals helps savvy investors diversify their portfolios against the risks of inflation and economic crises.
• Although silver has its place in a comprehensive investment strategy, gold is easier to sell and less volatile.
• Investing in a gold ETF is cheaper than buying gold bars. However, without physical possession of the asset, you lose some of the leverage of investing in physical raw metals.

In today’s uncertain environment, investing in precious metals can give you an edge if your stock market portfolio dramatically decreases in value. Gold, silver and platinum are excellent investments in your future as long as you store them securely and use reputable sources.

You may have heard the term “bill of sale” and not quite know what exactly that means or if it affects your finances.

In short, a bill of sale is a document or form that shows proof of the change in ownership of property. It’s most commonly used when buying and selling cars, motorcycles, boats, and livestock. Generally, a bill of sale is required in most states, but you should always double-check your specific state’s laws.

This post will help cover how a general bill of sale should look and some of the common types of bills of sales you might encounter.

General guidelines

When it comes to writing a bill of sale, some of the requirements will vary by state. For example, some states require only the buyer to sign, while others require the seller and buyer to sign.

Generally, these are common things you should include:

• Names and addresses of seller and buyer
• History of ownership (If there’s been more than one owner)
• Date of transaction
• Description (Size, color, unique features, faults)
• Identification and serial number
• Method of payment (Cash, credit, check)
• How and when the item will be transferred
• Additional conditions of the agreement (For example, if there is a penalty for late payment)

You should make sure the bill of sale is in proper English and legible. Double-check and verify all information is correct. Both the seller and buyer should have multiple copies.

A bill of sale is generally a permanent document. There are a few situations where it can be overturned though. For example, if the item is sold to a new buyer, a new sale bill will need to be created, potentially making the old one completely void. Another situation is if the current bill of sale is breached and the sale agreement becomes null and void.

Common types of bills of sales

As mentioned earlier, some of the most common uses of a bill of sale are for cars, motorcycles, boats, and livestock. Having a bill of sale can be a necessary document to show to a government agency such as your state’s Department of Motor Vehicles.

Car Bill of Sale

A car bill of sale is generally needed to sell a car successfully. However, some parts of the United States don’t require a car bill of sale. For example, Illinois requires one in some situations, but they are not mandatory for all transactions. In other states, a bill of sale is required from the state’s Department of Motor Vehicles, and others allow you to draft your own in accordance with state requirements.

When creating a car bill of sale, it is necessary to include a detailed description of the make, model, and registration of the car and the VIN number (and odometer reading) on all documentation.

Motorcycle Bill of Sale

Motorcycle bills of sale have a lot in common with car bills of sale. Both the buyer and seller will need to input their respective details of the agreement and the vehicle’s registration, VIN, and odometer reading.

Boat Bill of Sale

For a boat bill of sale, you must include the year of manufacture, Hull Identification Number, brand, model, width, and length. If you have an outboard motor, enter its details separately with its serial number.

Livestock Bill of Sale

A livestock bill of sale is used when farm animals are sold. Common animals include cows, pigs, horses, sheep, and goats. The document should include the types of animals being sold, vaccination records, and any unique features the animals might have.

A bill of sale comes in handy when keeping track of your finances. You’ll always want a record of when you sold or bought an expensive item.

Bills of sales aren’t terribly complicated to complete either. You’d be doing yourself a disservice if you didn’t make sure whether you needed to complete one or not.

Introducing Life Insurance for Young Adults

Young people may not often think about getting life insurance. Even at a young age, relatively, tragedy happens, and life insurance is one of the best financial tools to help in the event of the unexpected death of the insured. Life insurance for young adults can be useful beyond death benefits, starting their financial journey.

By getting life insurance, young adults can protect the people who rely on them most and who care most. Whether they have a new family or bought a home, life insurance gives helpful, final income to their survivors. Find out why it could make sense for you to get a life insurance policy through a broker like Sproutt.

Reasons to Get Early Life Insurance

If you start early with getting life insurance, you’ll save the most money with the many affordable options available to those who just started their career and are grasping the reigns of life. Cost is the main reason that people go uninsured, so it’s helpful when young adults can take advantage of low pricing. Still, many more benefits present themselves for young buyers.

Protect Your Loved Ones

The top reason for buying life insurance is the desire to give financially to your family and beneficiaries after your devastating loss. It also means protecting them from your own obligations. For anyone who has student loans or borrowed for a house, it’s important to think about how your commitments could impact those closest to you without life insurance.

Aside from giving and stopping old debts, life insurance death benefits can provide a temporary income for spouses and children. Having a life insurance policy can help them survive while they navigate grief and loss if something were to occur. To give, to protect, to support—all these are important reasons for getting life insurance at an early age.

Invest in Yourself

While it may not sit on the surface like death benefit payouts, life insurance can also help as a financial benefit. Through add ons and riders, many policies can help with medical conditions that can surprise in life like cancer or paralysis. Beyond that support, life insurance can also act as a tax-deferred savings vehicle with cash value when you have a permanent policy.

Life insurance is an investment in yourself and a benefit to your loved ones that can help you enjoy more time without worry. You can even start to create cash value by accumulating worth with lower “investment” risks, deferred taxes, and a great chance to use the policy as a savings vehicle.

Get Higher Benefits for Less

Young applicants for life insurance see that they can enjoy the lowest premiums with higher benefit amounts much more easily than their older counterparts. They have the advantage when it comes to building cash value through their permanent policy and pay less when it comes to the simplest term policy.

Even when they choose a smaller, term-based policy, their coverage can be helpful as a part of a forward-thinking effort. 20-year-olds often see the best rates and some of the most helpful, supportive policy terms. In some instances, the amount of the policy premium can be as little as $15 per month for $300,000 in insurance, just as a start.

Guaranteeing these benefits, you can cover yourself with a term policy for much less than someone starting later in life.

What Early Life Insurance Is Like

As a young insurance seeker, you may be unaware of the process of buying term or whole insurance. Going from being an uninsured individual and one who carries coverage is not as complicated as it used to be, so it’s easier to become fully insured and offer benefits to those you love when they need it.

After you apply, the insurance company will analyze your answers and materials to develop a premium rate for your chosen benefit amount. They look at many things including your age, gender, health, and more to calculate what the fairest terms are at your particular level of risk. Once they generate a quote, you’re free to accept the policy or decide to go with some other insurance company for another look.

If you’ve made all your payments on time, the policy payouts are simple. The insurer pays out whenever you pass away (within the term or under a permanent policy), and you can know that they won’t lose money to taxes when they receive the funds directly. Instead, they can put that money toward costs like debts, healthcare, and living expenses.

Get Life Insurance Quotes with Sproutt

Find out what you might pay for a healthy life insurance policy at a young age with Sproutt, an online insurance broker who can help you navigate the market and get the best terms. Find out more about Sproutt.

Many individuals assume being a landlord is all about gathering rent, finding new tenants, and maintaining the house. The truth is there is a lot involved in being a landlord. Even homeowners who are not able to sell their property may be tempted to rent it and add the property to their investment. Rental assets come with numerous costs that you might not know about. So, before you indulge yourself in such an investment, it is vital to know about these costs first. This article will discuss five hidden costs of being a landlord that you might not know about.

Insurance Costs

Landlords need to ensure they are protected from liabilities by paying for insurance. There is particular home insurance that a landlord needs to get coverage from risks involved with rental properties. So, the person must first read the terms of insurance before applying to see how much they will get covered. It is also vital to consider other choices since most insurance companies provide building cover only. Other areas that need coverage include:

• Coverage for damages caused by the occupants
• Rent loss
• Coverage for legal fees should you decide to evict a nuisance tenant

Many landlords are tempted to go for cheap insurance policies. Even though this might be a way of saving money, it does not provide the right cover, and you might end up paying for everything should the company back off. Therefore, landlords are advised to choose the right insurance option that will provide the right coverage.

Letting Agency Fees

If you decide to use an agency to get tenants and manage your property, then there is a fee that you must pay. Landlords can decide to go for high-end agencies or online letting agencies. Whichever choice you make, you will need to pay a monthly fee from the rent the agency collects for you. Their basic services include finding tenants, screening them, and marketing your property. They also manage your property, collect the rent, pay the bills and handle issues with the tenants.

If you can find tenants yourself, check their credit and find time to maintain your property, then you don’t need the agency. However, this takes time and resources, and you might end up with vacant rooms most of the time. So, weigh between getting an agency and doing it yourself then, go for the best option.

Cleaning Costs

Before a tenant move into the house, you must make sure it is in top condition. That means repainting it after the previous tenant leaves, removing all the clutter and other things. Furthermore, your complex needs to be clean all the time. Therefore, you must work on the garbage collection schedule, cleaning the compound, and any other place. This comes at a cost too that many people may not consider.

Maintenance and Safety Expenses

Apart from cleaning, your property must in good condition. That means handling repairs, upgrading things, and handling any other problem that might come up. It is your duty to carry out frequent safety checks to ensure your property is safe. Inspecting the electrical and water system will cost a couple of dollars, and this is a must for you if you want to avoid putting your property in jeopardy.

Legal Fees

There are numerous legal fees that a landlord must cover, and many people tend to forget them. These costs are minimal but cost much once they accumulate. Such include:

• Security measures
• Deposit protection registration
• Agreements with tenants
• Utilities like electricity and water

Conclusion

These are not the only costs involved with being a landlord. There is a lot more they need to do to keep their investment intact. Therefore, for a novice, landlord, it is important to go through them before deciding if this is the right investment for them.