Investing – How To Choose The Best Option

Investors are increasingly forced to choose from a proliferation of investment options. They also have to deal with contradictory advice on how to achieve their financial goals and how to invest the savings they have accumulated during their lifetime. If you consider that there are more than 7000 mutual funds available in the United States alone, and thousands of insurance products worldwide, making the choice that will satisfy them ever after is daunting, to say the least.

No wonder people so often ask the rather general question: Which investment is best? The first part of the answer is easy: No single investment is ‘the best’ under all circumstances for all investors. Personal circumstances, goals and different people’s needs differ, as do the characteristics of different investments. Secondly, one asset class’s strength in certain circumstances could be another’s weakness. It is therefore important to compare investments according to relevant criteria. The art is to find the appropriate investment for each objective and need.

The following are the most important criteria:

  • the goal of the investment
  • the risk the investor can handle
  • liquidity required
  • taxability of the investment
  • the period until the financial goal is reached
  • last but not least, the cost of the investment.

THE GOAL

Goals determine the characteristics sought in an investment. You will be in a position to choose the most appropriate investment only when you have decided on your short-, medium- and long-term goals. The following generic goals are normally involved:

Emergency fund

Emergency fund money should be readily available when needed, and the value of the fund should be equal to about six months’ income. Money market funds are excellent for this purpose. While these funds do not perform much higher than inflation, their benefit is that capital is saved and is easily accessible.

If you already have a ready emergency fund covering more than six months’ income, you could consider a more aggressive mutual fund

Capital protection

If your primary aim is capital protection, you will have to be satisfied with a lower growth rate on the investment. Those above 50 are normally advised to be conservative in their investment approach. While this may for the most part be sound advice, you should also keep an eye on the risk of inflation, so that the purchasing power of your money does not depreciate. It is not the nominal value of the capital that should be protected, but the inflation-adjusted one. At an annual inflation rate of 6%, $1 million today will buy the same as $174 110 in 30 years’ time. A 50 year-old with $1 million would therefore have to lower his living standard substantially if he only retains the $1 million until he was 80.

Conservative investments like those listed above should form the normal basis for providing an income. Because of inflation risk, investments should be structured so that they can at least keep up with inflation. This means that at least a percentage of the investment source providing the income should be made up of other asset classes like property and equity mutual funds. The percentage would differ according to individual and economic circumstances.

Investors fortunate enough to have their basic budget provided for by a conservative fund could consider increasing their income with commercial property funds and tax-free income from dividends paid out by listed shares.

Capital growth

If an investor’s primary goal is to achieve capital growth, the real rate of return should be higher than inflation. This implies greater risk to capital in the short term. Investors aiming at capital growth should not be apprehensive, as they will reap the rewards in the long term.

The history of equity prices over the past 100 years proves equity investments to be the best performer, followed by property. This does not mean you should buy either of these investments blindfolded. Wait until the quality shares in which you are interested are trading at inexpensive price levels.

RISK

The investment with a history of the highest growth is not necessarily the one to choose. The Standard Bank’s Gold Fund increased by 178% during the period 13 August 2001 – 24 May 2002 (284 days). Judging only on the growth of the fund during this period, it performed exceptionally well. But would it be the right investment for a retiree? During the 805 days following this, the same fund experienced a negative growth rate of 44%! The problem with an investment that decreases by this percentage is that it will not reach its previous peak by increasing again by 44%. This is because the growth this time will take place from a lower base, so in fact the investment would have to increase by approximately 80%.

LIQUIDITY

Hard assets like Persian carpets, works of art and antique furniture may be good investments in the long term, but unfortunately they are not very liquid. The same is true of certain shares in smaller companies. Money market funds, on the other hand, are very liquid, but the returns may not always be as good as those from other investments. The need to liquidise the investment quickly is therefore also a criterion to consider when evaluating investments.

TAXABILITY

The taxability of an investment has a considerable impact on its value to the investor. When comparing the returns on different investments, the return after tax has been deducted should be used. The investor should always ask what will be left in his pocket after tax deduction.

PERIOD

Conservative investments with no potential for high returns are suitable for shorter periods, while investment-objectives with longer time horizons aspire to achieving higher returns. Money market funds are suitable for periods of one or two years. Income and conservative asset allocation funds for three or four years and flexible asset allocation funds, commercial property funds and value equity funds may be chosen for longer periods, dependent on the economic and interest cycle and the propensity of the investor to accept risk.

COSTS

The costs involved in an investment are normally things like administrative cost and commission. The percentage of the costs to the investment amount directly affects the value of the investment. Many of the currently available investment products are structured in such a way that investors can negotiate commission.

CONCLUSION

No investment strategy blueprint is going to be perfect for everyone’s circumstances. Investment opportunities should therefore be examined critically before any decision is made. It should also be kept in mind that there are different companies managing specific funds under the investment categories referred to above. Some are more effectively managed than others. Investors should therefore research investments as well as the managers thoroughly before investing. Otherwise, they could appoint professional asset managers to do so on their behalf. Time spent determining the type of investment you really need is time invested in your future financial well-being.

Even Beginners Can Make Money Investing in Mutual Funds

Even if you don’t really understand stocks and bonds and the markets they trade in, you and other beginners can make money investing in mutual funds once you get a handle on the mutual funds universe. Here we take the mystery out of investing for beginners.

News flash: Tens of millions of Americans make money investing in mutual funds without knowing what they are doing. Caution: They also lose money unnecessarily and they are not investing as beginners, because they have been doing it for years. Let’s look at what you really need to know to make money investing on a more consistent basis while avoiding serious losses.

Mutual funds were created and promoted as the average investor’s vehicle for investing money in stocks and bonds. That’s just what they are – packages of investments managed for investors by professional money managers. They make investing for beginners simple. You simply open an account, and put your money down with instructions as to how much to invest in which funds. Example: You send in $10,000 to buy shares of ABC Stock Fund. Soon you will own shares in that fund and will own a very small part of a very large portfolio of stocks. The number of shares you will own will depend on the share price at the time your purchase order is processed.

Whether or not you make money investing in mutual funds without taking much risk depends on which funds you invest money in and how you go about it. There are basically three traditional fund alternatives: stock (diversified), bond, and money market funds. You should invest in ALL THREE TYPES if your goal is to consistently make money investing in mutual funds. You also need to understand asset allocation, so you can tailor your total mutual fund portfolio to fit your risk profile. And remember, investing for beginners need not be difficult.

Diversified stock funds are the riskiest of the three and they are your growth engine for earning higher returns. They invest your money in a broad spectrum of stocks representing a number of different industries. This makes investing for beginners simple compared to picking your own stocks. You make money investing here primarily through price appreciation (the fund share price going up) and through dividends. The major risk: share prices fluctuate and can fall significantly when the stock market falls. One year you can make 20%, 30% or more; and you can also lose that much. Over the long term, investors have averaged about 10% a year. Notice I said LONG TERM.

Bond funds invest your money in bonds, which are debt securities that pay interest. Their primary objective is not growth, but rather to earn higher interest for investors than they could earn from safe investments like bank CDs. Traditionally, you make money investing in these mutual funds primarily through the dividends they pay you from the interest they earn. Normally they pay considerably higher dividends than stock funds do, but similar to stock funds their share price fluctuates (usually much less). You can profit from higher share prices, but you can also lose money here. They are considered to be safer investments than stock funds, but bond funds are not necessarily safe investments.

Money market funds invest your money in high-quality short-term debt instruments (IOUs) and pay current interest rates in the form of dividends. Unlike the other two mutual funds, their share price is pegged at $1 and does not fluctuate by design. As interest rates go up the dividend increases, and as rates fall so does the dividend. You make money investing in these mutual funds only through the dividends paid. These mutual funds are considered to be safe investments, and can be used as a cash reserve awaiting bigger opportunities.

To make money investing in mutual funds without worrying your head off you should invest in all three to have a balanced investment portfolio. Here’s what I mean by balance and why it is so important to investing for beginners. Holding either stock or bond funds involves the risk of losing money. If you invest in both this will lower your overall risk. Reason: oftentimes losses in one are offset by gains in the other. Money market funds add flexibility and a cushion of risk to your overall portfolio of mutual funds. The more safety you want the more you allocate to money market funds.

An example of investing for beginners follows. You invest $10,000 equally allocated to the three basic fund types. A couple of years later you see that the stock fund is worth quite a bit more than the other two. The good news is that stocks performed very well. The bad news is that a major decline in stock prices could wipe out your profits and more. To keep things in balance, rebalance once a year so that you are back to equal amounts in each fund. This is very important if you want to make money investing in mutual funds on a consistent basis without unpleasant surprises every few years.

Investing for beginners is not about getting rich quick and neither are mutual funds. If you want to grow your money for a long term goal (like retirement) this article was written for you. You can make money investing in mutual funds without much effort or worry once you get a handle on the basics.

STD Symptoms in Men

Sexually transmitted diseases (STDs) in men are just as common in men as are in women. The difference is that some of these STDs are not as easily detectable in men. They can be cured through medication or through simple surgery and recurrences of the disease are unlikely. Because it is difficult to detect certain STDs in men it is advised that he gets checked on a yearly basis to ensure that he is in good health and that there are no diseases hiding within his system. This way he can get tested for STDs and begin treatment immediately.

Chlamydia

Chlamydia is one of the more common STDs a man can experience. It develops through contracting microbes called Chlamydia trachomatis. As per the Center for Disease Control (CDC), Chlamydia is the most common STD in the United States. Between 2004 and 2008, the rate of Chlamydia reported increased to 45 percent due to the advancements in STD testing methods and over the counter testing methods such as home STD testing kits. Chlamydia can typically be detected within one to three weeks after symptoms are presented.

Men infected with the disease will experience discharge from the penis, painful urination, and a burning or tingling feeling around the opening of the penis which can also be felt in the testicles. If Chlamydia is found in the rectal area, men will experience symptoms such as rectal discharge or draining and severe pain both during bowel movements and random times throughout the day if not all day. Additionally, Chlamydia can be transmitted to the throat through oral sex.

Gonorrhea

Gonorrhea is developed through contracting specific microorganisms called neisseria gonorrhoeae. Symptoms of gonorrhea include painful urination, white, yellow or green discharge from the penis, and swollen or enlarged testicles. Gonorrhea also affects the rectum and can be extremely painful. Symptoms a man could experience include rectal discharge, soreness, tingling sensations, rectal draining, and painful, hard, solid bowel movements. If gonorrhea has been contracted via oral sex, a man will experience a sore throat that will continue to get worse due to the many different types of bacteria already in the throat interacting with those microorganisms that cause gonorrhea. Gonorrhea can also cause epididymitis which is the curved portion at the back of the testicles where sperm matures; it is the swelling of the tube that connects the testicle to the vas deferens. Side effects can take anywhere from two to thirty days after contracting the disease. If left untreated, it can leave a man infertile and unable to have children.

Syphilis

Syphilis is one of those “silent but deadly” STDs. You could have syphilis for several weeks, months, and in rare occasions, years before experiencing side effects in any stage. The first phase of syphilis presents itself as sores around the genital area. This type of sore is called a chancre sore. It will appear as a hard, indented portion on your skin and typically disappears without treatment within three to six weeks. The second phase of syphilis rears in the form of a rash on the skin and mucous layers in the body. The rash could be extremely red and harsh or as tan spots that are most commonly found on the palms of the hands or the soles of the feet. Other symptoms you may experience include swollen lymph nodes, fever, sore throat, cerebral pain, random male pattern baldness, significant decrease in weight, and being unusually fatigued or exhausted. The rash is the biggest indicator of how severe the disease is; while it will go away on its own without treatment, once it goes away it serves as the primary indicator that the disease is now in the advanced stages. In the late stages of syphilis, a man will not show any visible side effects. However, while side effects may not be visible, the disease will essentially “eat away” and attack the major organs. In this stage, the disease begins to attack the brain, heart, liver, bones, and joints. A man can experience loss of motion, numbness, changes in vision to the point where he may eventually become blind, dementia, and the inevitable, death.

Herpes

Herpes is the most common form of STDs. It develops by contracting the herpes simplex infection 1 (Hsv-1) or herpes simplex infection 2 (Hsv-2). However, genital herpes is most commonly developed by contracting the Hsv-2 virus. The herpes virus first presents itself as one or more rankles in the genital or rectal areas of the body. These are open sores that turn into ulcers on the genitalia and rectum and can take a man five or more weeks to get rid of the virus. When the flare up is first noticed, it is the most painful, the most intense, and the most excruciating pain a man will experience. As time goes on, these episodes are less successive and less uncomfortable.

Human Immunodeficiency Virus

Human Immunodeficiency Virus, or HIV, attacks the immune system leaving a man extremely vulnerable to catching other severe illnesses. Most times when a man who has contracted the HIV virus, he may experience no symptoms of the disease. It isn’t until he becomes ill with another type of illness that HIV is detected. Flu-like symptoms such as a fever, sore throat, and swollen lymph nodes can begin to rear two to six weeks after being infected with the HIV virus. Other very common symptoms of traditional illnesses that are often seen with HIV include diarrhea, unexplained weakness, mouth sores, and a rash. These symptoms may take 10 years or more to even appear if the typical flu-like symptoms don’t appear. Having additional STDs can increase your chances of contracting the HIV virus.

Testing for STDs

Getting STD testing is more accessible than it used to be. Now, you can walk into any pharmacy and buy an STD at home testing kit which will detect certain types of STDs but not all. Testing at home has become the more common method of testing to avoid the embarrassment factor of going to their doctor. If a man suspects he has contracted a more advanced STD than what a home testing kit can detect, it is imperative he be tested as soon as possible by his doctor so the disease can be treated promptly. With home STD testing kits, a man can obtain his test results online and can take those results with him to his doctor to begin a treatment regimen for the disease. If needed, additional testing will be done to pinpoint the exact STD he has contracted.

Using Power Tools 101

The power tools of today are not the same as the ones that were carefully placed on the pegboard near your grandfather’s workbench- they are actually quite far from it. Modern technology has made amazing advances in the simplest of features, including automatic shut-off, enhanced guarding and more resilient materials just to name a few. But one trait has come to be worth its weight in gold within the power tool industry, and that’s the owner’s manual.

Today’s manuals not only have better graphics showing its users what each part of the device should look like (and what to do when it doesn’t), many individual manufacturers will have explicit directions and instructions for the safety and maintenance of each individual power tool. Of course, no instructions are completely fool proof, especially if the content of such manuals isn’t completely understood by the user. This is why many manufacturers have implemented training seminars and classes for both companies and individuals on the proper procedures for optimum performance and safety. Local home improvement stores often hold such classes and seminars on a regular basis.

However, a bit of common sense and know-how never hurt anyone, so there are a few safety guidelines which should be followed by all users of power tools. For example, wearing the proper clothing is essential, and you should never wear loose clothing that could easily get caught in a power tool. Safety gear is crucial- hard hat, safety goggles and gloves, along with the proper footwear. Using the right tool, whether it be size or something else, for the job at hand, including the right type of extension cord (indoor, outdoor, proper length) if applicable. The work area should be clean, uncluttered and well lit. Keep all electric tools away from water and flammables. Do not use power tools with frayed or damaged cords. Damaged parts anywhere in a power tool, including saw blades and drill bits, can cause damage to the tool itself or the individual performing the task. Unplug all electric power tools when finished with or before changing to another tool.

As far as the maintenance aspect of such power tools, common sense is again of the highest importance. For example, making sure that the proper guards are placed on saw blades when not in use is both a safety and maintenance issue. Saw blades need to be sharp to deliver the best performance possible, but can also be incredibly dangerous, so taking the proper preventive measures will yield the best results in all aspects, not just project outcome.

For more information on power tool basics, the U.S. government has many publications that can be of high value to consumers. The U.S. Consumer Product Safety Commission offers product recall information, and OSHA has a few such publishings regarding both general industry and personal use of power tools.

Ease Into the World of Investing

The United Nations does it. Governments do it. Companies do it. Fund managers do it. Millions of ordinary working people – from business owners to factory workers – do it. Housewives do it. Even farmers and children do it.

‘It’ here is investing: the science and art of creating, protecting and enhancing your wealth in the financial markets. This article introduces some of the most important concerns in the world of investment.

Let’s start with your objectives. While clearly the goal is to make more money, there are 3 specific reasons institutions, professionals and retail investors (people like you and me) invest:

  • For Security, ie for protection against inflation or market crashes
  • For Income, ie to receive regular income from their investments
  • For Growth, ie for long-term growth in the value of their investments

Investments are generally structured to focus on one or other of these objectives, and investment professionals (such as fund managers) spend a lot of time balancing these competing objectives. With a little bit of education and time, you can do almost the same thing yourself.

One of the first questions to ask yourself is how much risk you’re comfortable with. To put it more plainly: how much money are you prepared to lose? Your risk tolerance level depends on your personality, experiences, number of dependents, age, level of financial knowledge and several other factors. Investment advisors measure your risk tolerance level so they can classify you by risk profile (eg, ‘Conservative’, ‘Moderate’, ‘Aggressive’) and recommend the appropriate investment portfolio (explained below).

However, understanding your personal risk tolerance level is necessary for you too, especially with something as important as your own money. Your investments should be a source of comfort, not pain. Nobody can guarantee you’ll make a profit; even the most sensible investment decisions can turn against you; there are always ‘good years’ and ‘bad years’. You may lose part or all of your investment so always invest only what you are prepared to lose.

At some point you’ll want to withdraw some or all of your investment funds. When is that point likely to be: in 1 year, 5 years, 10 years or 25 years? Clearly, you’ll want an investment that allows you to withdraw at least part of your funds at this point. Your investment timeframe – short-term, medium-term or long-term – will often determine what kinds of investments you can go for and what kinds of returns to expect.

All investments involve a degree of risk. One of the ‘golden rules’ of investing is that reward is related to risk: the higher the reward you want, the higher the risk you have to take. Different investments can come with very different levels of risk (and associated reward); it’s important that you appreciate the risks associated with any investment you’re planning to make. There’s no such thing as a risk-free investment, and your bank deposits are no exception. Firstly, while Singapore bank deposits are rightly considered very safe, banks in other countries have failed before and continue to fail. More importantly, in 2010 the highest interest rate on Singapore dollar deposits up to $10,000 was 0.375%, while the average inflation rate from Jan-Nov 2010 was 2.66%. You were losing money just by leaving your savings in the bank.

Today, there are many, many types of investments (‘asset classes’) available. Some – such as bank deposits, stocks (shares) and unit trusts – you’re already familiar with, but there are several others you should be aware of. Some of the most common ones:

  • Bank Deposits
  • Shares
  • Investment-Linked Product1
  • Unit Trusts2
  • ETFs3
  • Gold4

1 An Investment-Linked Product (ILP) is an insurance plan that combines protection and investment. ILPs main advantage is that they offer life insurance.

2 A Unit Trust is a pool of money professionally managed according to a specific, long-term management objective (eg, a unit trust may invest in well-known companies all over the world to try to provide a balance of high returns and diversification). The main advantage of unit trusts is that you don’t have to pay brokers’ commissions.

3 An ETF or Exchange-Traded Fund comes in many different forms: for example, there are equity ETFs that hold, or track the performance of, a basket of stocks (eg Singapore, emerging economies); commodity ETFs that hold, or track the price of, a single commodity or basket of commodities (eg Silver, metals); and currency ETFs that track a major currency or basket of currencies (eg Euro). ETFs offer two main advantages: they trade like shares (on stock exchanges such as the SGX) and typically come with very low management fees.

The main difference between ETFs and Unit Trusts is that ETFs are publicly-traded assets while Unit Trusts are privately-traded assets, meaning that you can buy and sell them yourself anytime during market hours.

4 ‘Gold’ here refers to gold bullion, certificates of ownership or gold savings accounts. However, note that you can invest in gold in many other ways, including gold ETFs, gold Unit Trusts; and shares in gold mining companies.

With the advent of the Internet and online brokers, there are so many investment alternatives available today that even a beginner investor with $5,000 to invest can find several investment options suited to her objectives, risk profile and timeframe.

Diversification basically means trying to reduce risk by making a variety of investments, ie investing your money in multiple companies, industries and countries (and as your financial knowledge and wealth grows, in different ‘asset classes’ – cash, stocks, ETFs, commodities such as gold and silver, etc). This collection of investments is termed your Investment Portfolio.

Some level of diversification is important because in times of crisis, similar investments tend to behave similarly. Two of the best examples in recent history are the Singapore stock market crashes of late-2008/early-2009, during the US ‘Subprime’ crisis, and 1997, during the ‘Asian Financial Crisis’, when the price of large numbers of stocks plunged. ‘Diversifying’ by investing in different stocks wouldn’t have helped you very much on these occasions.

The concept and power of compounding are best explained by example. Assume we have 3 investments: the first returns 0.25% a year; the second returns 5% a year; and the third returns 10% a year. For each investment, we compare 2 scenarios:

  • Without compounding, ie the annual interest is taken out of the account.
  • With compounding, ie the annual interest is left (re-invested) in the account.

Let’s look at the returns over 25 years for all 3 investments, assuming we start off with $10,000 in Year 0:

  • With 0.25% return a year, your investment will grow to $10,625 after 25 years without compounding; your investment becomes $10,644 after 25 years with compounding.
  • With 5% return a year, your investment will grow to $22,500 after 25 years without compounding; your investment becomes $33,864 after 25 years with compounding.
  • With 10% return a year, your investment will grow to $35,000 after 25 years without compounding; your investment becomes $108,347 after 25 years with compounding.

This shows the dramatic effects of both higher returns and compounding: 10% annual returns coupled with 25 years of compounding will return you more than 10 times your initial investment. And 10% returns are by no means unrealistic: educated investors who actively manage their portfolio themselves and practise diversification can achieve even higher returns, even with some losing years.

People of all ages and backgrounds need practical and customised guidance in developing their financial knowledge and skills in order to reach their financial goals. In this article we’ve tried to describe in simple terms some of the most important concepts and principles you need to understand on this journey.

How to Cure Ringworm?

Ringworm is a very contagious skin fungal infection. It can affect all individuals and even animals. During the infection stage of the ringworm, they produce fungal spores that can be transmitted to others. When you become exposed to fungal spores, you are at high risk to develop ringworm. But ringworms are treatable, and ringworm cures are very helpful to remove and kill fungal spores.

It is very essential to kill the fungi, and prevent the spread of ringworms to your body and to other people or animals. Here are some tips that will help you:

– Perform environmental disinfection regularly. It is important to maintain a clean environment because fungal spores can be present anywhere, especially to places where the infected person has been exposed to. Bleach is common in every household, and is very effective in disinfecting the environment. You just need to make a 1:10 bleach and water solution, and use it in decontamination of floors and surfaces. This will effectively kill the fungal spores, and prevent its transmission.

– Use a vacuum with HEPA filters. High Efficiency Particulate Absorbing or Arrestance (HEPA) filter removes at least 99.97% of airborne particles such as dust and fungi. It is very useful in cleaning carpets and upholstered furniture to remove fungal spores.

– Isolate infected pets. It is very important to separate your infected pet from other animals. You should not touch or come in contact with the infected pet because you can contract the fungal spores that cause ringworm. Consult your pet’s veterinarian so that you can determine what type of treatment will help your pet resolve its ringworm.

– Do not share personal articles. Sharing is a good act but if you have ringworms, it is a big no to share your personal items to others. Your things are contaminated with fungal spores. You should keep them and disinfect them using bleach.

– Keep a clean body. Fungi flourish in dirty areas. Proper personal hygiene should be observed to prevent the spread of ringworm on your skin. It is also important to perform regular hand washing after treating your ringworm, and after touching or treating your infected pet because you can obtain fungi spores from it.

– Maintain a sweat-free body and wear comfortable clothing. Fungi thrive in hot and moist areas of your body such as armpits, groins, and areas which have folds especially to obese individuals. You should keep yourself dry and avoid wearing tight clothes.

– Use a natural ringworm remedy. Natural ringworm remedies are found to be effective against ringworm, and they are absolutely safe to use. They are medicinal herbs that use leaves or extracted oil to cure ringworm such as turmeric (Curcuma longa), coconut oil (Cocos nucifera), mustard seeds (Brassica nigra),cassia leaves (Cassia fistula), holy basil leaves (Ocimum sanctum), butea seeds (Butea monosperma), and papaya seeds (Carica papaya). They are applied directly over the ringworm patch. Carrot (Daucus carota) and spinach juice (Spinacea oleracea) are also helpful in treating ringworm because they contain large amount of beta-carotene, which are very good for skin care.

– Apply topical creams. Topical creams are effective for ringworms that have mild symptoms. They are over-the-counter medications that help to relieve ringworm symptoms and kill fungi that cause ringworms. Topical treatment should be used for 2 to 4 weeks to effectively eradicate the fungi. Topical medications include Miconazole (Micatin, Desenex, Daktarin, Monistat-Derm, and Decocort), Clotrimazole (Mycelex and Lotrimin), and Terbinafine (Lamisil AT, Lamisil, and Lamisil Dermgel).

– Administer anti-fungal pills. Anti-fungal pills are systemic treatment for severe cases of ringworm. It is recommended to consult your physician so that you will be advised on the proper dosage and length of treatment using oral anti-fungal medications. Anti-fungal pills include Griseofulvin (Gris-PEG, Grifulvin V, Fulvicin P/G, and Griseofulicin), Itraconazole (Sporanox and Sporanox PulsePak), Terbinafine (Lamisil), and Fluconazole (Diflucan).

Is Out-Of-State Real Estate Investing Right for You?

Have you made up your mind to start investing in real estate, but you’re torn in deciding where to invest?

Are you thinking about making a local investment, but wondering if an out-of-state investment might be better?

This is one of the first of many choices you’ll have to make when you decide to invest in real estate: the simple question of where you should invest your hard-earned dollars. While there are definite benefits to investing in your area, there are also some potentially profit-limiting downsides.

That’s not to say investing in outside areas doesn’t have its own pros and cons. Let’s take a look at both and see why out-of-state real estate investing might be a profitable option you have not yet explored.

Investing Locally

This is the most obvious choice for many real estate investors, but is it really right for you?

If you choose to buy a property local to you, you’ll rest easier about your investment since you know the market. First, you know your competition. You might know the names of professionals you can trust and you’ll have an intimate understanding of what the cost of living is for that area and how to make things more affordable.

Second, if you like to be hands-on, it will be much easier for you since you’re right there. If you want to see the property, it’s just a short drive away. If you want to talk to the property manager face-to-face, you just put it on your calendar for the end of the day.

Drawbacks to Local Investments

On the other hand, investing solely local can narrow your options. Not every market has the inventory of good investment opportunities that you can avail yourself of if you invest out-of-state. The local inventory of available properties may or may not be big enough or well-suited for investment opportunities.

You also run into the problem of whether your local market is the one you want. The recession made a huge impact on housing markets throughout the country and some areas have recovered at different paces than others. You might find yourself out-priced in your current market, but even if you aren’t, you might not be able to see a favorable future where you’re at.

Investing Out-of-State

If you decide to invest out-of-state, you can greatly increase your options. You can literally choose any location, any market and invest in properties there. Whether you want to invest in Florida vacation homes and coastal villas or homes in the suburbs of Detroit, the sky’s the limit. You can make your investment fit your price point and interests.

By investing out-of-state, you can put your money to work in markets with high ROI. You pick and choose which markets you’re interested in, and which ones are rising stars in the real estate investment scene, ignoring your own market’s changes.

Investing out-of-state also allows you to scale based on your needs. For many would-be investors, their local market is priced too extravagantly to make real estate investment prudent. The cost of living in a different state, just a few borders east or west, might be considerably lower. That means you can snatch up excellent properties at a much lower cost than you might in your own market.

Even better, you can snag those investment deals on excellent properties that would go for three to four times as much, if not more, in your own local market. Your purchasing power becomes much stronger in other markets, because everything’s relative.

Challenges of Out-of-State Investments

There are still some challenges to these remote investments. First of all, you have to learn who you can trust and maintain the peace of mind that comes from having easy local access to your investment. You also have to be able to trust that the property you’re investing in is what it’s advertised as.

The property is also more difficult to visit if you like to be hands on. You might have to fly out to visit the property, which some people enjoy but others are seriously bothered by. If you are the type of investor who prefers the more passive turn-key approach, this is an excellent opportunity.

Finally, the market won’t be what you’re used to. Nothing will be quite the same as being there and immersing yourself in the market, but you can learn and study. You just have to rely on someone else to have knowledge of the nuances of the market.

Doing Out-of-State Right

There is a solution to all of the challenges of real estate investing outside your state. When you find a reputable, proven company to handle your turn-key real estate transaction, you have someone you can count on to know the market you’re investing in. Here are the main reasons you should find a partner to work with you on your out-of-state investments.

  • They can keep a more educated eye on the market, since they know all of the nuances of that area.
  • They’ll serve as your presence near your investment, keeping everything on track, so you don’t have to make numerous trips to the property.
  • If the turn-key real estate investment firm is reputable, they want you to succeed. This means they’ll do anything they can to make sure you do succeed.

The question becomes, whom can you trust? You want to make sure you engage in a partnership with a firm who is reputable, knowledgeable and engaged in your market. Referrals from other investors are key, so be on the lookout for like-minded people who have been there and done that.

You should also investigate what the turn-key operation offers you, and what their fee or cut of your profit is. Ideally, you’ll want a partner who can help you throughout your investment lifecycle, from acquiring the property to managing it.

Getting Started

We’ve gone over the benefits and drawbacks of out-of-state investing, so now the decision is yours to make. Do you still want to invest locally or have you realized that the time is ripe to diversify your portfolio and invest in out-of-state properties? The benefits of out-of-state real estate investment are huge and the drawbacks can easily be mitigated by partnering with someone in the area in which you’re investing.

Fax Machines Reviews

In the field of telecommunications, the word fax (facsimile) refers to the act of transmitting copies over a telephone network. This system enjoys a distinct advantage because the transfer is immediate. This machine consists of a modem and an image scanner. Sometimes, the equipment is equipped with printers and photo-copiers. Although these machines have existed since the last century, they began to gain popularity in the last two decades due to their economic affordability.

Digital fax machines gained popularity in Japan. In recent years, the internet has made inroads into the field of telecommunications but the machines have continued to remain a popular choice, even in the corporate world,for the transfer of documents. Fax servers have replaced the old fax machines. These can receive faxes and transmit the information over the internet to the user. There are two kinds of fax machines.

The analog machines used earlier, are no longer in vogue. Digital machines have replaced them. The digital machines have two groups, Group three and group four. The machines are classified on the basis of the time they take to transmit a document. There are also different classes of this machines and different transmission rates. These machines use a variety of modulation methods to transmit data. It use two different methods of compression to reduce the amount of data that needs to be transmitted between two machines. These methods are Modified Huffmann and Modified Read. In the Modified Huffmann method each word is scanned and compressed independently. The amount of white space is also reduced considerably. This helps in minimising the time taken for transmission. The Modified Read Method uses a slightly different method of compression.

The first line is scanned using the MH method. The second line is scanned and the differences are determined. These differences are transmitted after a process of encoding. This method pre-supposes that these differences are minimal. The Matsushita White Line Skip is another method of compression but it can be used only on Panasonic machines.

Most of the machines that are used currently belong to the Group Three. Documents are scanned in black and white. Thermal printers that were hitherto used have given way to a generation of this machines. Thermal transfer printers,laser printers and ink-jet printers are some of these machines. Thermal fax papers, however, do not possess legal validity as the ink used in these papers is not indelible.

Fax machines come now in compact sizes and are very portable. They are also all-in-one machines that lend themselves to official and personal use, that can print, scan and fax. These machines have become versatile and they are invaluable in any corporate setting or a business house.