Why Buy Platinum Bullion

Investing in precious metals has proved a rewarding way to maximise the potential of savings. Like other investments prices of precious metals can go down as well as up.

Why Buy Platinum Bullion

Availability

Like silver and gold, platinum has to be mined from the earth. There is less platinum out there to be mined than there is gold and silver. This makes it harder to find and extract, pushing the price of platinum up. Historically platinum has sat at the top of the tree of precious metals. Rings using platinum for settings have been more expensive than gold, it has industrial uses (for example in catalytic converters in motor vehicles) and we still rate platinum credit cards above gold.

Unfortunately platinum’s price has not remained as high as one would expect.

Rumour and speculation can affect the price of platinum and one that circulated recently was that the Chinese were going to mine asteroids for platinum! It’s easy to see that such a scheme isn’t going to come to fruition any time soon …

Supply and demand

Platinum has a range of industrial applications and this is one factor that has helped keep prices high. When demand for platinum in such applications falls, so does the price. The price of platinum is therefore directly linked to the ups and downs of the global economy. Just as demand can fall, it can also rise again, which is a clear indicator of the need for potential investors to keep a close watch on movement within the market.

Those who talk about a surplus of platinum will need to catch up on latest predictions for 2018. The World Platinum Investment Council has stated that production was up, and demand down in 2017 but production is set to fall during 2018 during which demand is likely to rise. This perfectly illustrates the ways in which the market and production are linked and can affect prices.

The jewellery market

A reflection of the way in which platinum is viewed is its use and prevalence within the jewellery market. This also rises and falls, but growth is predicted in platinum’s use in jewellery for 2018.

Summary

Platinum has become cheaper than gold and palladium. The fact that prices have dropped in recent years make it a cheaper investment which may well see a rise in emand and value, making it a potentially renewed good prospect for investment. For advice consult a company such as  Indigo Precious Metals .

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ELSS: The Wise Investment

ELSS: The Wise Investment

With the ever-increasing expenses, we often tend to look for a second income. It is these alternate incomes that allow us to have all the luxuries and comforts of our life. The market today is flooded with various financial instruments that appear lucrative to every investor. However, it is imperative to choose the one that is in sync with one’s financial goals and objectives, and that’s where the Equity Linked Savings Scheme (ELSS) come to the forefront.

What are ELSS?

Equity-linked savings scheme popularly known as ELSS are close-ended, lock-in period of 3 years diversified equity schemes offered by mutual funds in India. They offer tax benefits under the new Section 80C of Income Tax Act 1961.ELSS can be invested using both SIP (Systematic Investment Plan) and lump sums investment options. There is a 3 years lock-in period and thus has better Liquidity compared to other options like NSC and Public Provident Fund. ELSS is considered one of the best tax saving instruments.

Why should you invest in ELSS

1.Shorter lock-in periods:

The best part about investing in ELSS is the, among all the tax-saving schemes, they offer the shortest lock-in period. The three year lock-in period allows the investors to save and earn good interest on their finances. It also offers the investors the liberty to update their portfolios from time-to-time to make the most of the current market trend.

2.Plenty of options:

The ELSS also presents its investors with a plethora of options to invest in. Each option available offers a diverse portfolio of stocks to choose from. This helps the investor to customize their portfolio with respect to their financial goals and objectives.

3.Start with minimum investment:

While other funds may ask for huge initial investment, ELSS allows it investors to start with a minimum of Rs. 500. This helps the investor invest lower amount and not compromise on the benefits offered by the ELSS. The Systematic Investment Plans (SIPs) allows the investor to invest in a part of their earnings each month with discipline.

4.Tax-saving:

ELSS investment offers tons of tax benefits under the Section 80C of the Income Tax Act. The Act states that one can avail tax deduction of up to Rs. 1,50,000 yearly, as per the ELSS investments performed by the investor. The tax saving ELSS also allows its investors to earn tax-free capital gains and dividends up to Rs. 1,00,000 on a yearly basis.

For investors who come under the 20-30% tax slab, there are chances of saving a good amount, annually by investing in the ELSS.

Although, it is true that ELSS come with a lot of benefits it is wise to invest in it only after carefully understanding what meets your investment objective, horizon and risk profile.

In the light of the above-mentioned benefits, ELSS certainly looks like a wise investment if done with proper expert guidance.

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Types of Short Term Loans

Types of short term loans

The loans paid in less than a year are known as short term loans. The short payment period term the possible sum of money you can borrow. Usually the possible amount of money you can apply for short term loan is $100 to around $1,000. Therefore, for small or emergency expenses short term loans are good decision. Short term loan is the best solution if you find yourself in a critical financial situation.

You can refer Short-term loans either to personal needs or to business purposes. In the first case, these loans cover any personal or emergency expenses between paychecks, health care or education needs, or even for vacation. Also, short term small loans online support business needs such as startup or a new plan funding and any emergency expenditure

Basically, small term loans have high interest rate. It covers a risk related with assure you with a loan. Always try to avoid falling into a trap is assemble payments on time and not skipping them.

While looking through the source of short term loans, it is important to remember that some source of loans will be suitable for some businesses, but not for others. When starting new businesses, some banks will give only shorter term loans, because longer terms loans are more risky than short term loans.

Like traditional long term loans, short-term loans normally require applicants to pay interest on the principal proceed, and usually involve smaller cash amount and shorter refund periods. Furthermore, short-term loans can be easier to obtain than their traditional long term loans.

There are various types of short term loans that a business can benefit of at varying terms and conditions:

Determine Cash Flow Issues

 Short-term loans may be helpful to resolve your cash flow issues if your business has a cyclical or irregular sales structure. For example, for funding for supplier bills and other expenses your business is struggling to find, a short-term loan can help bridge the gap.

Easing Seasonal fashion

Also, short-term loans can enable businesses to keep up with seasonal fashion. For example, many businesses need extra funds and staffing during the holiday season. A short-term loan enables a business to face its costs as it prepares for the holiday shopping rush.

For Emergencies

Any times, a situation may take place for which your company is unprepared. With short-term loans, businesses can withstand situation like equipment breakdowns, computer break down, or natural disasters.

There is one disadvantage of short-term loans can be higher interest rates. In a strong economy, short-term loans tend to have higher interest rates than their long-term loans. When setting loan rates, lenders start with the prime interest rate and add a premium based on the degree of risk related with your company. It’s important to note that short-term rates tend to drop when the economy go into a recession.…

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5 Email Marketing Services for Small Business

Do you have an email marketing strategy in place for your small business? If you are a really small business, you might not think that email marketing is for you. Truth is that all email marketing is for you. Email marketing has been and will continue to be an effective means of marketing to potential clients and current clients.

5 Email Marketing Services for Small Business

More than 3.7 million people worldwide use email and we are willing to bet that some of those people are in your target audience. If you think that email marketing is a thing of the past, think again. If you look back over the past year, it isn’t unlikely that you’ve been in your email, saw a note from a list you’d subscribed to and clicked through to make a purchase of a product you’d forgot in your cart.

Email marketing is sophisticated these days and that means that you have to use the best email marketing services for small business to help you stay afloat when you are working toward your goal or email marketing mastery.

With all of the options that you have for email marketing services, how do you know which ones are the best? Which ones are going to allow you to get the best results? There are a lot of great options out there and we are going to go over 5 with you today.

1. Constant Contact

One of the largest and fastest growing email service providers online, Constant Contact is one of the easiest to use and most beginner friendly services around. Whether you need to manage your list, contacts, templates or any other aspects of your email marketing, this service keeps it simple.

When you get started, your account gets access to tracking and reporting that you can actually understand. You also get built-in social media sharing tools and you can store up to 1GB in the image library.

You can contact their support team through live chat or email and you can go through the wide library of resources. If you want more hands-on training, you can get together in your local area for a live seminar or get on a live webinar which is invaluable to the small business owner.

If you want to get Constant Contact for your small business, there is a 60-day free trial without credit card requirement and then your pricing is $20 per month.

2. Get Response

GetResponse is another beginner friendly option. You can even get a training course through them for free that will walk you through email marketing and how to get the best out of your campaigns.

There are various automation tools as well as easy ways to manage your lists and perform tasks like list hygiene. If you want to segment your list and market to different people with different messages, you are able to do this through GetResponse.

You can use the drag and drop email builder to put together beautifully done emails and craft campaigns that will get …

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Five tips on how to choose a perfect pension plan

Most of the people still think that at an early age, planning for retirement is not a priority. However, those who ignore it, generally regret in the longer run. It is very important to choose the right pension plan to ensure a happy life for oneself and for the family members. We are living in a time where the life expectancy is increasing along with the cost of medical healthcare. Thus, making the right decision about the best possible pension plan has to be the priority.

Following are the top five tips for choosing the perfect pension plan

  1. Start early:

The first question that comes to the mind is how early you should start with the pension policy. The right answer will be the moment you get your first salary. It is never too early to plan for the future. You have to set aside some funds for the rainy day and believe us they will come. As the time passes by and your income increases, you should increase the contributions to the pension plan as well.

  1. Diversify:

It is never a wise decision to invest all your funds at one place. Choose different methods of investing under the pension plan. You can either read about it online or take help of a financial advisor. If you are not good at managing funds, latter will be the better choice. It is always good to take help from an expert to avoid any long-term or even short-term loses in retirement plans.

  1. Understand the vesting age:

Those who start early have the choice of getting a stable income under retirement pension plan at as early as 40 years of age. You can choose to get a steady paycheque even while you are still earning. Such plans give you a good source of income, which can also be used for further investments or for the general expenses that come along with increasing age.

  1. High sum assured and assured death benefits:

Always choose the plan that has higher sum assured, benefits and bonuses. Make sure to choose pension plans, which include a minimum payment of death.

  1. Cost-effectiveness:

There are many pension plans in India that assure you good returns but the expenses that you have to bear to get those plans are very high. You have to make sure that the plan you are going to choose does not require higher expenses. You have to keep in mind that the more you are going to spend on the expenses, the lesser you are going to have for the retirement. Compare every plan that you can opt for, check for the pros and cons, reviews of the users already using the plan and then finalize.

Choosing the right pension plan for a better future is very important for every person around. If you have a good pension plan, you are not only securing the future for yourself but also reducing the burden on your loved ones.

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