PERCY SAYS… Deal flow is a crucial aspect of investments, both during the initial decision making process over whether to invest or not, as well as an indicator of how an investment is performing throughout the investment cycle. Understanding and knowing how to influence deal flow can be crucial to investors of all experience levels, and is a definite “must know” for those embarking on their first investments.
If you’ve just started to learn to drive and are set on taking out learner driver insurance so you can practice with a parent outside of driving lessons, you may want to tread carefully. Did you know that many provisional car insurance providers either offer short-term cover that expires, or increases your car insurance premium once you pass your test?
Fast or Slow? Best Way to Get Rid of Debt
When you’re talking with most people about their plans for debt settlement, there are a few true-isms about many of these people. One of these is that they don’t realize the perilous situation they’re in until they’re much farther in debt than even they are aware.
Another is that if you ask them they would say they have no real plan to settle their debts. A third is that they all want to get out of debt. Many will ask is the best way to get rid of debt to go fast or slow? There are only a few situations where slow is the way to go; here are a few of those situations.
Investment Income: If you have to pull out investment income that is otherwise performing well, you may wish to pay of your debt slower. If your investments are stinking up the joint, than you may wish to sell your investments and pay off your debt.
But make sure that you know all the penalties, fees, and taxes assessed on these investments before you sell anything. For example stocks held less than one year invoke pretty steep capital gains taxes. 401k’s often can’t be liquidated depending on the terms of your broker’s agreement. Make sure you find out all that’s involved before you sell any investments.
Fixed-Debt: Some of the debts we all incur (student loans in particular) seem massive and insurmountable. If you’ve got $100,000 in student loan debt and you’re just out of school making $40,000 a year that could seem like the first thing you should aggressively pay off.
However most student loan debt is fixed meaning that whether you pay it off slow or fast, you’re paying off the same amount. If you have taken private loans which are adjustable try to see about getting those into a fixed interest environment.
Health: If you have health needs which are going to trump all others, you may wish to keep as much expendable cash on hand as possible. If that means running up balances and not having debt settlement in the fore of your mind, then so be it. But you and your loved ones health should be paramount.
There are a few other occasions where engaging debt settlement slowly makes sense; but that’s not usually the case. Often as anything you want to pay off bills in as fast a way as possible.
Many business owners focus on increasing revenue. While it is critical to increase revenues to sustain your business, it is more important to minimize costs.
Every car owner in the United Kingdom needs to do a MOT (Ministry of Transport) test to ensure that their vehicle is roadworthy. Your first MOT test should be done after your vehicle has clocked three years.
The tests will then be done annually after the first check to ensure that the vehicle is still in good condition. Money is needed to perform a proper MOT test, and it is for this reason that many ask themselves how to get the cheapest MOT test.