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  • Information regarding wealth management companies in Dubai

    Information regarding wealth management companies in Dubai

    Wealth management Dubai is an offer or a strategy provided by the wealth managers. It is also provided to the customers by the banks. The investment bank Dubai provide a customer with financial advice, investment advice, accounting services, retirement planning, real estate management, or philanthropy and tax payment advice. To understand the term wealth management Dubai, We must understand the priority services, private wealth management in Dubai, Top wealth management Firm in Dubai and Wealth management banks in Dubai.There are different terms used for wealth management and wealth management Dubai. And it is in quite demand all over the UAE and especially in the metropolis of Dubai. To tell you why it is in so much demand, you have to go through the bare necessities for understand the term wealth management Dubai better.So, basically wealth management is more than just only advice on financial management and investment. Since, a wealth manager might handle all aspects of your financial life it is more than just a few meetings in an Office. It is a process of several meetings, and exchange of honest opinions and statements. You discuss all your concerns, and future planning with your assigned wealth manager. Hereafter your wealth manager will ask you to provide some of your existing bank details (not passwords and keys, mind you) in order to get an in depth knowledge of the directions your wealth in going and how to forge this direction to benefit you financially.

    Diversifies options through fund management companies in Dubai

    There are two main types of wealth management. One is those offered by independent firms and companies, second is offered by a dedicated department of a law firm or a bank and the last and the most important one is the services provided by banks.Now all the three kinds or types are better, and there are several well-known entities providing wealth management Dubai services.These firms and banks spend days and nights in order to come up with best solutions for your financial security.You may wonder why someone would need wealth management Dubai if he has management to earn so much already. Well, the answer is a one liner and plain and simple. At certain point in life you have to share the burdens of your wealth management, since the higher you move up in a society the more responsibilities you will need to look after.

    Assert management Dubai through top Banks

    What would you do in case of a bankruptcy or tragic accident or an untimely death? This means that it is not only you who will suffer but the people depending on you, the employees working for you, the employer who has put trust in you, your kids who need a secure future, your juniors to whom you are an inspiration to and to your own self. What will you do when the age factor come into the play?The mortgages, the loans, business and other financial commitments etc. All need a assert manager Dubai What bank to choose, which insurance to apply for, how to manage the taxes, which account to open, in which bank it should be opened.

    Wealth management companies in Dubai

    And of course you have earned a great wealth so far, and built an empire. But, what about growing your wealth? Where else to invest? When to sell or buy the stocks? What to do when you no longer can handle the busy schedules of business meetings, what about managing a happy vacation for your family once a year. And an insurance for your office, home and accidents.Believe it or not you need it, you money and years of hard work need a security and you need some time to close your eyes without any worries about what life has for you tomorrow. Since, it will already being managed.The main purpose of this article on wealth management Dubai was not to scare about future or banking, but let you know you have more options to choose. Your hard earned money can now grow into more than what it was before. Without any further hesitation, you shall book an appointment with Mashreq bank’s wealth management Dubai and start saving for your future. A beautiful future.Assert manager Dubai is your Friend and so are we. Until next time. Enjoy wealth management Dubai.

  • 4 Reasons Why Financial Education Is Important

    4 Reasons Why Financial Education Is Important

    Saving is the foundation of financial education. Working on yourself habit will allow you to achieve your goals and be free and economically independent in the future.

    Learning to use money goes beyond saving. That is why financial education is composed of an extensive framework of possibilities that allows the execution of actions for the benefit of different sectors of the population, associated with their needs and conditions. In fact, banks consider financial education as a central element of the financial consumer protection regime, as well as an engine for the economic and social development of the country.

    For this reason, several entities have developed their own programs for the proper management of personal and family finances, as well as for the establishment of relationships with the financial system. These are not only focused on their customers, but on the general population.And is that financial education in the national territory seems to be the ‘Achilles heel’ because to date has not been given greater relevance to this knowledge that can completely change the lives of citizens. Having this kind of concepts clear involves acquiring tools to understand not only the risks, but also the opportunities derived from products related to finance, and informed and responsible financial decisions. Due to lack of information and ignorance of the financial system, people make decisions that end up being disadvantageous.

    The little or no financial education brings serious consequences such as over-indebtedness, inefficiency in the management of personal finances, absence of savings and wrong investments.To address this problem, Asobancaria, the union that brings together banks in Colombia, has developed a financial education program that seeks to raise awareness among the population about the importance of educating themselves in this area. “Know more, be more” is the name of this program that seeks to provide tools to improve the knowledge and habits of people when managing their personal and family finances, and to establish relationships with the financial system.

    There are many reasons that define the importance of finance within which I will mention some of the main ones that will help us:

    Teach to use Resources Responsibly:

    Means the commitment to take responsibility and discipline to learn to give the right use to the money that is counted, consciously planning on what we spend. If you commit to making your budget and carry it out as you thought then we will learn to be disciplined and responsible.

    When you plan your resources, you set expenditures that you will make and hold, therefore you know that if you spend something outside of the budget, that planning and control that was made from the beginning would be totally lost, here is the importance of the discipline; the opposite would not help the anticipated projection.When you know the resource that is counted to spend and invest, avoid resorting to credits, debts, the goal is to achieve what was projected.

    Improve your Income:

    It is not good strategy to save without investing; the one who knows about finances seeks to increase their savings, looking for opportunities to invest, since it will give good returns, hoping to improve the income that is received. There are many options to invest finance teach us to know each of these opportunities.Click here for more opportunities to improve.

    Achieve the objectives:

    When plans are established and goals to be met, finances teach us the strategies of how to achieve success in the management of our money, reaching it depend on us. Nowadays, having a job is one of gratitude, there are many people who do not have that opportunity, you have it, the resource is part of your earned effort, manage it intelligently, the best place to start is in your own home, use your resources responsibly and finally as a result of this learning.

    Enjoy the Life:

    When you understand the importance of finance in your personal, work, professional and business life you will enjoy and learn to use your money correctly, not with waste and waste of what little or much you have if not responsibly .

    Hopefully you can implement the Finance in the management of your money.

  • Some Guidelines About Business Loan

    Some Guidelines About Business Loan

    In this dynamic world, now business is growing rapidly. That is why business loan is very important in every business and it plays a vital role. We know very well that finance or funding is required in every business so that the business is started according to its vision and ambition. So some points are there that people must know before taking any business loan.

    In every business, people should know their basic needs and the funds they required, so that the business can be started without any problem. They must have a clear idea why they are asking for business loan according to their requirement. So the future of the business will be grand success.

    People must assess their business very carefully before taking any business loan. They should take help from financial advisors or any financial institutes. There are so many institutes are there, those are proving necessary advice for  businesses according to the requirement.  So that people will not face any problem in the future business.

    In every businesses, people must review about their credit history, after that people should think about the business loan. As all financial institutes conduct  internal survey after that the business loan can be sanction with the prior approval from concern loan officer. So people should be aware about their credit report from different agencies. If existing business is there, they must asses about their credit score. If credit score is good then 100% chances is there to get the business loan.

    If your credit score is good for the subject business. People should look the options about the financial institutes because many times some small financial institutes offer a high margin of business loan but big financial institutes never offer such a high margin of loan as per the required business. People must discuss about the criteria, amount, objectives as per the financial procedure to the concern loan officer after that people can select a right one according to the requirement of business.

    Another important factor is business plan. It is very important before projecting any business loan. People should have a good business plan because  it is reviewed by the financial institutes according to the credit score. You should have a solid business plan detailed about your past business, evaluation of business and assets and about your concern business project and your business growth over the financial years.

    These are some factors people must go through before thinking any business loan so that people will not face any problem in getting business loan from any financial institutes. As we know that finance is very important in every business. Therefore “Where there is money, there is positive thinking, where there is no money, there is always negative thinking”.

  • How life insurance could serve as an inheritance

    How life insurance could serve as an inheritance

    Leaving an inheritance to their family may seem out of reach to many Australians. The latest ME Household Financial Comfort report (released June 2017) shows that nearly 25% of Australian households have no money saved for emergencies. Once funeral costs and other final expenses are factored in, many may be more likely to leave behind debt rather than an inheritance.

    Even for those with large estates, a planned inheritance can be chipped away at or delayed by taxes and legal fees. However, life insurance could allow you the freedom to spend your assets now and also leave behind an inheritance when you pass away.

    Avoid tapping into a planned inheritance

    Contrary to popular belief, spending does not appear to decline through a person’s retirement. A 2016 study by the Australian Centre for Financial Studies suggests that the yearly expenditures of Aussie retirees is relatively consistent.

    This may be an issue for anyone planning to leave a specific dollar amount to the beneficiaries of their will.Much retirement advice hinges on the assumption that you’ll spend less the older you get. But if spending remains more or less consistent, you may find yourself tapping into funds earmarked for a future inheritance to pay your bills.

    A life insurance policy can help supplement your estate. You can worry less about how much you’re spending in retirement, knowing your family could receive the insurance payout on top of any estate you do leave behind.

    Playing the waiting game                                                

    Even if you’re leaving an inheritance behind in other forms, it can take months for an estate to be settled. In Australia, the minimum time to finalise an estate is six months from the date of death.

    Why so long? The process of administering a final estate can be complicated. Once a will is located, the executor must meet with beneficiaries, determine the amount of assets and debts, and apply for probate before the estate can be distributed or trusts established. Most wills are sorted in about nine months, but more complicated estates can take years to fully settle.

    A life insurance payout can help your loved ones whilst they wait. Policies are typically paid out much sooner than an estate. The life insurance benefit can serve as a financial cushion, helping your loved ones financially until the bulk of their inheritance is received.

    Cover your funeral costs

    Helping cover final expenses is another way a life insurance benefit can serve as an inheritance booster.

    Funeral costs are on the rise, with services in Australia ranging anywhere from $4,000 to $15,000 or more. If you haven’t set aside funds to pay for a funeral, your family will likely need to cover the costs out of pocket. This can be “paid back” by any inheritance received once your estate is settled, but may put loved ones in a financial bind whilst they wait.

    Life insurance policies often offer an advance on the full payout specifically to help families quickly pay for funeral arrangements. You can also take out a funeral insurance policy, designed to help with the immediacy of funeral planning. Benefits are often paid within 48 hours of receiving the completed paperwork, providing families with peace of mind during a difficult time.

    Negotiating family politics

    The typical Australian family looks a lot different today than it did just a few decades ago. Divorce, remarriage and cohabitation are more common, with families often welcoming step-children, multiple grandchildren, de facto partners and new in-laws into their inner circle.

    A will is one way to stipulate who gets what after you pass, but they can be called into question. Almost anyone can contest a will. This can prolong the legal process of dividing the estate, and could fracture already tenuous family relationships.

    In these cases, a life insurance policy naming one or more persons as the beneficiary could be a tactful way to honour your relationships or supplement an inheritance. Life insurance policies are not part of a person’s estate unless the estate is specifically nominated as the beneficiary. By naming a spouse, family member or close friend as beneficiary, the payout will go directly to them, and can be kept separate from the contents of your will.

    Life insurance may not be the first thing that comes to mind when thinking about an inheritance, but as you can see, a policy could be a good option for creating or supplementing one. Take some time to consider your financial situation and what you want to leave behind for your family. A life insurance policy could be the tool you need to help protect their financial future, while also helping to form your legacy.

     

     

  • IT’S TIME TO INVEST IN SILVER BULLION: HERE’S WHY

    IT’S TIME TO INVEST IN SILVER BULLION: HERE’S WHY

    From 12 billion ounces in 1900 to less than one billion in 2009 (Source: www.goldcore.com), the diminishing amount of silver worldwide indicates a high demand for this precious metal. And there are plenty of reasons why. Silver is a versatile metal with multiple uses, which makes it a hot commodity in the open market. But the big question is  if you find silver bullion coins on sale, should you purchase them for investment  purposes? The answer is YES! Silver has always been a preferred method of diversifying one’s investment portfolio because, unlike paper, currency, it never loses its value. And in the current economic climate, the relevance of silver investments is higher than ever. Find out why below:

    Market Perspective

    Greater risk appetite and positive financial trends had set up the field for silver to outperform gold in the latter half of 2017, according to analysts from Commerzbank, a German banking, and financial services company. As of the first week of 2018, the gold/silver ratio (the amount of silver it takes to purchase one ounce of gold) is 73.6. This means compared to silver, gold is one-third dearer than its 50-year average. This figure signifies historically low silver prices. Commerzbank also forecasts a gap in the supply and demand of this precious metal next year. Thus, it is expected that silver will “outperform” a rally in gold, thereby causing the gold/silver ratio to hit the 75 mark.

    Value of Silver

    A big advantage of silver investment lies in the intrinsic value of this white metal, rather than its price. Silver trended lower over the last few years until it hit rock bottom in 2016 at less than $14 an ounce. But it still offers plenty of value during crisis periods. And considering how real the threat of economic crisis is in 2018 (Source: www.huffingtonpost.com), silver will prove a better currency for regular purchases since its value is not as concentrated. What’s more, you can use silver for creating an emergency stash of assets for a rainy day.

    Ideal for New Investors

    When fledgling investors decide to diversify their portfolio, they should start small. And silver, being a lot more affordable than gold, proves to be a safer investment. Considering they must work with limited resources – possibly a few thousand dollars – buying a lot of silver bullion coins is better than a single bar of gold. For example, you can walk into a coin store with a thousand dollars in your pocket, and walk out with several ounces worth of silver coins. But with that amount, you cannot buy even a single ounce of gold. Walking out of a coin store with a lot of precious metal coins is also quite psychologically satisfying. Moreover, it is easier to sell off a few silver coins when you need to take care of a financial emergency than it is to find the right buyers for your gold investment.

    Easy Handling

    Silver bullion is best purchased in bar form as they are all of the same sizes, allowing for more convenient storage. The compact nature of silver bars provides investors the opportunity to secure large amounts of monetary resources in comparatively small areas. Plus, when you buy silver bars that feature recognized hallmarks, it becomes easier to find resale buyers. Thus, you face no trouble converting the bullion bars to cash.

    2018 is predicted to be a great year for silver investments. The best part is, you can easily procure silver bullion coins and bars for sale; all you need to do is visit a coin store in your vicinity.  Physical silver will give you a safe, versatile investment. In fact, you’ll be hard-pressed to find an asset that is as good a hedge against crisis as this precious metal.

     

     

     

  • Trustworthy Agents: The Top Three Lies Your Real Estate Agent Tells You

    Trustworthy Agents: The Top Three Lies Your Real Estate Agent Tells You

    Regardless of what your profession is, integrity is an integral aspect if you wish to truly claim your success. In this regard, honesty is paramount–even more so in the real estate industry. After all, buying real estate property is probably the most (if not one of the) significant investment you will ever make in your life. For some, it takes years upon years of saving up until they can finally afford that piece of property they have been wanting for years—whether that may be a unit in condo BGC or elsewhere. From this, we can say that you are entrusting the most substantial transaction of your life in the hands of a real estate agent. While all is well and good if you can find a trustworthy agent who only has your best interests at heart, it is an unfortunate reality that much like any other industry, you have a select few charlatans in the trade. For years, the reputation of real estate agents has been saddled with ill-regard by buyers as the industry is riddled by agents who practice deceit and other machinations just to close a deal.
    Some agents cannot differentiate between truth and lies. Moreover, as the real estate industry has been seen as an avenue for easy money, there has been a steady rise of people wishing to dabble in the business. Unfortunately, not all of these people are either qualified or dependable enough to do any sort of transaction and as such, the industry is riddled with unscrupulous individuals who see it as a fast track for making a lot of money. In any case, it would bode you well to be meticulous in selecting which agent you wish to be working with. Moreover, it might be helpful if you can easily determine whether they are just trying to make an easy buck out of you or are doing an earnest business transaction.

    Here are some of the dodgiest misrepresentations real estate agents will tell you:
    Real Estate Experience

    Deceitful real estate agents tend to bloat their experience in an attempt to bolster their credibility—particularly if they are rather new to the field. After all, how do they expect to have clients if they do not have any legitimate experience in the field? If your real estate agent does not have any proof of the years he has been working as a licensed agent, chances are he has none or very little experience. To convince you to work with them, they may throw around other numbers at you (number of years they have lived in the state or the like). But remember, only the number of years they have been in the industry counts.

    Real Estate Listings

    In the world of Internet, almost everything can be found online and real estate agents have aptly taken advantage of this by having their own websites. Most of these websites would feature a particular agent’s active listings and as a savvy prospective home buyer, you should check for a link as to whether your chosen agent has any listing at all. Very few agents refuse to take listings (such as in the case of an exclusive buyer broker agents) as it is considered as the cardinal sign of a seasoned real estate agent. If you cannot spot a listing anywhere, it is because there is none. Be careful in looking over your agent’s listings however, as some agents without listings tend to advertise another agent’s listings in their own company. Be carefully to read through these listings and ensure if they do belong to your agent.

    Real Estate Specialty
    Typically, it is a practice among agents to advertise their speciality whether that may be a neighborhood type of property, a condo unit or any specific type of buyer they wish to represent. Agents may try to misrepresent themselves by posing as an exclusive home specialist and showcasing only lush and high-end homes when the reality is they have never sold anything in that price range. In other cases, they may claim to be an expert in selling homes in a particular neighborhood but have not closed a deal there in years.