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Daily Archives: May 11, 2017
How to achieve financial independence in 2017 – What Investment
Posted: May 11, 2017 at 1:17 pm
Becoming financially independent is becoming harder than ever, and with Generation Rent being a huge part of our younger generations life, the prospect seems almost impossible.
With a rise in student loan debts and credit cards being relied on more than ever, were offering a helping hand when it comes to achieving financial independence in 2017, so you can manage your money better.
Being strict and truly evaluating your current situation to see where you are falling down and what is holding you back from financial independence is exceptionally important.
Whether youre new to financial planning or youre simply looking to adapt your current spending habits, the best way to do this is to truly understand your current situation, and learn from it.
Understanding the definition of financial independence and what it means to you is exceptionally important, because quite simply, following what someone else has told you wont provide you with the end goal that you are seeking.
Once you have understood where you are looking to go, and do a realistic assessment of the obstacles that may hold you back from achieving the series of goals that you are looking to achieve, then you are far more likely to achieve the financial independence you are looking for.
There are a number of different debts that you may find that are holding you back. Whether thats a student loan, a credit card, a bank loan or another form of debt, you may find that the drain on your monthly pay is significant. Consolidating debts is a simple way to ensure that your monthly outgoings are manageable, and it can also help you to pay back your debts quicker helping you to reach financial independence. In some cases, you can use another form of debt to help consolidate your existing debt, and this can help you to pay it back. Finding a
Consolidating debts is a simple way to ensure that your monthly outgoings are manageable, and it can also help you to pay back your debts quicker helping you to reach financial independence.
In some cases, you can use another form of debt to help consolidate your existing debt, and this can help you to pay it back. Finding a reliable consolidation short term loan can be easier than you might think, and in some cases you will find that this can help you to boost your chances of becoming financially independent.Increasing Your Income
The easiest way to become financially independent is to increase your income, and there are a number of ways that you can do this. Firstly, taking on a second job can help to give you the additional funds that you might need in order to help you with your financial independence. Alternatively, you may look to other methods like investing in the stock market and building a portfolio in order to generate additional funds.
However this can be risky and shouldnt be relied on as a source to generate income, as you may find yourself losing some. Define your long-term financial goals, and adopt your current lifestyle to suit that, and you will find that increasing your income and developing financial independence will become easier than ever.
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How to achieve financial independence in 2017 - What Investment
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Give mom a gift to help her financial future – Pauls Valley Daily Democrat
Posted: at 1:17 pm
With Mothers Day around the corner, you might wonder if you should go beyond chocolates and flowers this year and give Mom something that can help her far into the future. What sort of financial gift can improve her life?
You could, for instance, encourage your mother to fund her IRA. As long as she has any earned income, she is eligible to invest in a traditional or Roth IRA (although a Roth IRA does have income limits which, if exceeded, will reduce and eventually eliminate contributions).
In 2017, the IRA contribution limit is $5,500, or $6,500 for individuals 50 or older. Traditional IRA contributions may be deductible, depending on ones income, and earnings can grow tax deferred. Taxes are due upon withdrawal and withdrawals prior to age 59 may be subject to a 10% IRS penalty.
Roth IRA contributions are not deductible, but earnings are distributed tax-free, provided an investor has had the account at least five years and doesnt start taking withdrawals until age 59.
You cant contribute directly to your mothers IRA, but you can give her money to use for that purpose, if she chooses.
And since she has until April 17, 2018, to fully fund her IRA for the 2017 tax year, your gift now may help make it that much easier for Mom to max out on her account.
Heres another suggestion: Consider helping Mom pay one or two months worth of insurance premiums. Its possible that your mother is paying for multiple insurance policies, like life insurance and disability or long-term care insurance, so any financial help on your part would be valuable.
You might also want to give Mom some tips on how she can help maintain her financial independence throughout her life.
If she ever needed some type of long-term care, such as an extended stay in a nursing home or the services of a home health aide, the costs could be extremely high, and Medicare typically pays little of these expenses.
So you might want to connect her mother with a financial professional, who can provide strategies for protecting her from long-term care costs.
Heres one more suggestion: Give a gift to a charitable organization your mother supports.
Even though youre making the gift in Moms name, you should be able to reap some benefits yourself, even apart from the good feelings youll get by helping a charitable group. As long as the charity has 501(c)(3) status (named after the section of the Internal Revenue Code that governs such groups), your gift can offer you tax advantages.
On the most basic level, a gift of cash can earn you a tax deduction. So, for example, if you are in the 25% tax bracket, and you give $1,000 to a qualified charity, you will be able to deduct $250 from your taxes.
You may be able to get even more tax benefits if you donate appreciated assets, such as stocks, to a charity.
If you give appreciated stocks youve held for more than one year, you can deduct the value of the securities, based on their worth when you make the gift and neither you nor the charity will have to pay capital gains taxes on the donated investments.
Your mother has done a lot for you. This Mothers Day, show her you appreciate her efforts.
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Give mom a gift to help her financial future - Pauls Valley Daily Democrat
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Give Mom a Gift to Help Her Financial Future | Sand Springs Leader … – Tulsa World
Posted: at 1:17 pm
With Mothers Day around the corner, you might wonder if you should go beyond chocolates and flowers this year and give Mom something that can help her far into the future. What sort of financial gift can improve her life?
You could, for instance, encourage your mother to fund her IRA. As long as she has any earned income, she is eligible to invest in a traditional or Roth IRA (although a Roth IRA does have income limits which, if exceeded, will reduce and eventually eliminate contributions).
In 2017, the IRA contribution limit is $5,500, or $6,500 for individuals 50 or older. Traditional IRA contributions may be deductible, depending on ones income, and earnings can grow tax deferred. Taxes are due upon withdrawal and withdrawals prior to age 59 may be subject to a 10% IRS penalty. Roth IRA contributions are not deductible, but earnings are distributed tax-free, provided an investor has had the account at least five years and doesnt start taking withdrawals until age 59.
You cant contribute directly to your mothers IRA, but you can give her money to use for that purpose, if she chooses. And since she has until April 17, 2018, to fully fund her IRA for the 2017 tax year, your gift now may help make it that much easier for Mom to max out on her account.
Heres another suggestion: Consider helping Mom pay one or two months worth of insurance premiums. Its possible that your mother is paying for multiple insurance policies, like life insurance and disability or long-term care insurance, so any financial help on your part would be valuable.
You might also want to give Mom some tips on how she can help maintain her financial independence throughout her life. If she ever needed some type of long-term care, such as an extended stay in a nursing home or the services of a home health aide, the costs could be extremely high, and Medicare typically pays little of these expenses. So you might want to connect her mother with a financial professional, who can provide strategies for protecting her from long-term care costs.
Heres one more suggestion: Give a gift to a charitable organization your mother supports. Even though youre making the gift in Moms name, you should be able to reap some benefits yourself, even apart from the good feelings youll get by helping a charitable group. As long as the charity has 501(3) status (named after the section of the Internal Revenue Code that governs such groups), your gift can offer you tax advantages. On the most basic level, a gift of cash can earn you a tax deduction. So, for example, if you are in the 25% tax bracket, and you give $1,000 to a qualified charity, you will be able to deduct $250 from your taxes.
You may be able to get even more tax benefits if you donate appreciated assets, such as stocks, to a charity. If you give appreciated stocks youve held for more than one year, you can deduct the value of the securities, based on their worth when you make the gift and neither you nor the charity will have to pay capital gains taxes on the donated investments.
Your mother has done a lot for you. This Mothers Day, show her you appreciate her efforts.
This article was submitted by T Casey Loper
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Give Mom a Gift to Help Her Financial Future | Sand Springs Leader ... - Tulsa World
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Home SEC Filings Sealand Natural Resources, Inc. (OTCMKTS:SLNR) Files An 8-K Unregistered Sales of Equity… – Market Exclusive
Posted: at 1:17 pm
Home SEC Filings Sealand Natural Resources, Inc. (OTCMKTS:SLNR) Files An 8-K Unregistered Sales of Equity... Market Exclusive Sealand Natural Resources, Inc. is a research and new product development company. The Company is engaged in the manufacture, distribution, sales and marketing of various natural functional beverages, nutriceuticals and health supplements, and the ... |
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Rugby World Cup: Wallabies to meet Wales, Georgia, Oceania and America qualifiers at 2019 tournament – ABC Online
Posted: at 1:14 pm
Updated May 10, 2017 18:45:42
The Wallabies have received a decent draw for the 2019 Rugby World Cup in Japan, set to meet Wales, Georgia and two qualifiers in Pool D.
The Aussies are a 'Band One' team and drew the lowest-ranked 'Band Two' side in Wales, with Georgia ranked second-last in Band Three.
Australia and Wales met in the group stage of the 2015 tournament, with the Wallabies winning 15-6 in London.
They ultimately fell just short in 2015, losing to the All Blacks in the final of the eighth edition, hosted by England.
The Wallabies will also be hoping they can fair better than those who advanced from Pool D in 2015, when Ireland and Argentina progressed and were both summarily thumped in the quarter-finals by Argentina and New Zealand from Pool C.
The 2019 tournament will mark the first time it has been hosted in Asia, and Japanese Prime Minister Shinzo Abe said at the draw he was excited to be a part of bringing the pinnacle of the sport to the continent.
"This is even more of a thrill than when I played Super Mario at the Rio Olympics," Mr Abe said, referring to his star turn at the 2016 Games' closing ceremony.
The 2019 World Cup kicks off on September 20 and wraps up on November 2.
Topics: rugby-union-world-cup, rugby-union, sport, japan, australia
First posted May 10, 2017 18:36:27
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Seychelles set to host African Sambo Championships – Insidethegames.biz (blog)
Posted: at 1:13 pm
The 2017 African Sambo Championships, due to be held in the Seychelles, are set to begin tomorrow.
Competition is due to take place until May 14 at the Roche Caiman Sports Complex.
The Seychelles joined the African Confederation of Sambo in 2013 and this is the first time they have hosted these Championships.
The Seychelles Minister for Youth, Sports and Culture Idith Alexander has been personally overseeing preparations.
Taking centre stage tomorrow will be the men's 57 kilograms, 68kg and 82kg categories, the men's 62kg, 74kg and 90kg combat sambo events and the women's 64kg and 72kg divisions.
The men's 62kg, 74kg and 90kg divisions are scheduled for Saturday (May 13) along with the men's 68kg, 82kg and 100kg combat sambo divisions.
The 80kg event is the sole women's competition on Saturday.
Beach sambo is then set to bring the competition to a close on Sunday (May 14) in the men's 57kg, 62kg, 68kg, 74kg, 82kg and 90kg categories.
Women's beach action will take place in the 64kg, 72kg and 80kg weight divisions.
The Championships are set to be the venue for the testing of proposed changes to sambo weight categories.
Possible changes to the number of weight categories was discussed at an International Sambo Federation (FIAS) Executive Board meeting held in Russian capital Moscow in March.
The vice-president of FIAS, Sergey Eliseev, announced two approaches to this issue, which were developed during the analysis of proposals sent to the governing body.
The first was a reduction in the number of weight categories from nine to eight while the second suggested cutting the number to seven.
Following the discussion, members of the FIAS Executive Board agreed that the proposals should be tested at future tournaments.
After the testing in the Seychelles, it will then be decided whether to go ahead with either option.
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Aquarium debuts crown jewel with Caribbean Journey – Corpus Christi Caller-Times
Posted: at 1:12 pm
The Texas State Aquarium opens the Caribbean Journey May 13, one of the highlights is the sea shark exhibit. The 400,000 gallon exhibit features sandbar sharks, barracudas, stingrays and a green sea turtle. Rachel Denny Clow
Hicks Elementary School student Sarah Salinas, 9, gets a sneak peak of the Caribbean Journey expansion at the Texas State Aquarium on Wednesday, May 4, 2017. The expansion, which opens Saturday, May 13, brings Mexico's Sian Ka'an Biosphere and its 300 species of wildlife to the aquarium.(Photo: Rachel Denny Clow/Caller-Times)Buy Photo
The Texas State Aquarium is world-class and unique to South Texas, but the president has a message for the community.
"Even though we're the Texas State Aquarium, and we serve the entire state and nation, we're also the Corpus Christi aquarium," said Tom Schmid, the president and CEO of the institution. "There's so many opportunities for the community to come in and enjoy this space and work with our team."
Saturday marks a historic day for the aquarium as it opens its $60 million, 71,000 square-foot Caribbean Journey expansion. The aquarium's largest project to date brings the sights and sounds of the Yucatan Peninsula to Corpus Christi's North Beach attraction.
One of the largest parts of the expansion is the 400,000-gallon H-E-B Caribbean Sea Shark exhibit. A 68-foot tunnel display window, the largest in North America, brings visitors face-to-glass with a number of shark species. The exhibit also includes a life-size replica of a shipwreck that hostsbarracudas, stingrays and a green sea turtle or two, according to a news release.
Students at Hicks Elementary School get a sneak peak of the Caribbean Journey expansion at the Texas State Aquarium on Wednesday, May 4, 2017. The expansion opens Saturday, May 13.(Photo: Rachel Denny Clow/Caller-Times)
Other exhibits in the expansion include the Coral Reef, the Blue Hole Marine Cavern and a Caribbean jungle.
The Coral Reef exhibit features the underwater landscapes of the Mesoamerican Barrier Reef system, which also is known as the Great Mayan (or Maya) Reef. Dozens of families of fish, including angel, butterfly, and surgeon,can be found in the reef system.
The Blue Hole marine cavern lets visitors experience the feeling of diving hundreds of feet below sea level. A large display window allows glimpses of the creatures that live there, like tarpons, nurse sharks and palometa jacks.
The Caribbean jungle setting grows in the middle of the expansion and features a skylight ceiling that admits natural light. Birds fly free in the exhibit, while crocodiles lurk in a nearby pool. A separate, larger pool that criss-crosses the jungle gives visitors glimpses of darting fish, while the corners of the jungle feature replicas of Mayan ruins, which double as a habitat for vampire bats.
Other highlights of the expansion also includes the new Whataburger 100-seat 4-D theater andthe Citgo Skyline View event venue and a newFlint Hills Resources Center for Excellence in Science, Technology, Engineering and Math Education. .
The aquarium's core mission is conservation, Schmid said.
"We engage people with animals here at the aquarium and inspire them in their appreciation for the environment," Schmid said. "Hopefully, they'll take action to protect and conserve the environment."
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Some Serious Fun in the Caribbean – Scuttlebutt Sailing News
Posted: at 1:12 pm
Several years ago there was an initiative by the Caribbean Sailing Association to better synch their racing calendar to be supportive of all events and to maximize participation in multiple events. As Larry Huibers reports for RCR Yachts, that can lead to some serious fun.
Touch2Play Racing had a fantastic winter filled with sun, sand, friends and regattas. Rob Butler figured the best way to have fun was to do a winter in the Caribbean pretty smart guy!
After Quantum Key West Race Week, the J/88 boat and trailer was packed up to be shipped to St Thomas to get rigged and ready for the St. Maarten Heineken Regatta, St Thomas International Regatta (STIR), BVI Spring Regatta, and the Les Voiles de Saint-Barth.
These run from early March to early April with enough time to do the deliveries between. They race under their own handicap system called CSA (Caribbean Sailing Association) Rating Rule. Its a measurement rule that is a hybrid of the old CCA, IOR, ORC, and IRC. It is a mystery rating like IRC so you dont know what the key triggers are.
The ratings differ from the other systems as where the J/88 would have been owed time, with CSA we now had a less friendly rating. As Don Finkle of RCR Yachts points out, there are different horses for different courses and this was the case here as it seems to favor displacement boats over planning boats.
Since the J/88 is relatively light and can surf well, it gave us a rating where we owed a fair amount of time to J/105s and were about the same as J/109s, depending on their jib and kite size.
As with any handicap racing, you have to think about getting around the course as fast as possible. Were used to one design racing where tactics are more positional than elapsed time (relatively). We needed to relearn this a few times. Priority areas in descending order were: speed, strategy, boat handling, and tactics.
Many can argue the reality of this but we won and lost races by seconds elapsed and even tied on a race so a quicker set, later drop, better start, etc, would have changed the result, likely as much as how much leverage you had on another boat.
In the final evaluation, I think the rating was fair but it required us to sail exceptionally well, which was the whole purpose of going anyway right? Waterline played a key role since in the 10-18 knot breeze it determined how fast you could go.
The old saying about regattas its never like this here seemed to ring true with each event having an uncharacteristic light (sub-10 knots) day (or two). We didnt complain since those days seemed to play into our sweet spot. There were the idyllic trade wind days and it was fantastic!
It was everything all the print and social media say it was. The packing list of shorts, shoes, sunglasses and sun tan lotion covered the crew off since we all sported the Touch2Play Racing pink shirts.
Each event had its strong points and all are worth doing. I didnt do STIR but the other three all had the right blend of high caliber racing in pretty tight rating bands and amazing shore side events.
The party area for the Heineken was off the charts with UB40 as the closing act plus cheap beer and fun race courses. The highlight was the around the island race that was a great way to see the beaches since getting close to shore seemed to be helpful for current relief.
This regatta had the largest charter boat fleet and they raced on a different course so we didnt see much of them. Dealing with the bridge at Simpson Bay is fun and teams go to a lot of energy to impress the gallery drinking at the yacht club bar right beside the bridge. Somehow we managed a second in class very pleased with that.
Ive been to BVI enough that it feels like an old shoe comfortable and reliable. The Spring Regatta was no different. Nanny Cay puts on a great event and the local food vendors serve amazing cuisine. The course selection was a blend of around islands (Peter, Norman and Salt) and dropped marks for W/L races. This one had a larger rating range and we were against some 40-foot boats.
The local boat Pipe Dream with some people Ive sailed there with managed a fabulous start to finish lead for the final race to claw their way into first. We managed to sneak into third another good performance given the fleet.
St Barths is everything you read about. Very high brow. The title sponsor is Richard Mille, they make watches .and not normal watches. Google them if curious. If you won the event you got a watch, which some rich guy won to match his yachts.
Getting passed to leeward (thankfully) by VO70s, Rambler 88, 100+ footers and on and on was surreal. The beach party was amazing as was the lay day. We rented ATVs and toured the island, great way to see the sights. There too we managed a third which was very special.
I didnt do STIR and the boat was most competitive there (Im not taking it personal). They came second and if not for losing one race by 1 second would have won it was that close!
This doesnt happen without a huge commitment by Rob, many thanks to him! Matching personal time commitment by numerous others made the logistics easier. We were very fortunate to have the likes of Jeff Johnstone, Kerry Klingler, Evert McLaughlin, Jim Pearson, Keven Piper, Hillary Noble, and many more. All said and done we rotated through 18 people to do the four events.
We are already planning for next year and are adding two more events Grenada Race Week and Antigua Race Week. So if you dont see the pink boat on the water this summer youll know why.
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Royal Caribbean will be sailing year-round to Cuba in 2018 – Miami Herald
Posted: at 1:12 pm
Miami Herald | Royal Caribbean will be sailing year-round to Cuba in 2018 Miami Herald With demand to see Cuba still hot, Royal Caribbean International is extending its commitment to sail to the island through 2019. The Miami-based cruise line announced Wednesday that it is initiating a year-long Cuba program that includes 58 four- and ... Royal Caribbean continuing Cuba sailings from Tampa in 2018 Royal Caribbean puts Cuba itineraries on sale |
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Royal Caribbean will be sailing year-round to Cuba in 2018 - Miami Herald
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Weekly Chart: Military Spending in Latin America and the Caribbean – AS/COA Online
Posted: at 1:12 pm
Though global military spending rose over the last year, Latin America saw a big drop. The Stockholm International Peace Research Institute released 2016 data last month showing that, after the Middle East, Latin America and the Caribbeans military spending fell the most: 7.9 percent from 2015 to 2016. The regions $5 billion drop was largely affected by the overall downward trend among oil-exporting countries, which registered 13 of the largest 15 reductions in military spending around the world.
Leading the pack is Venezuela, with a 56 percent cut to its military expenditures. Ecuador, Mexico, and Peru were also among the 15 countries with the greatest drops, though to a smaller extent. Similarly, Latin Americas biggest spender, Brazil, cut back military expenses some $1.8 billion.
Colombia and Argentina, on the other hand, upped spending by $803 million and $681 million, respectively. Since 1995, Colombia has spent the greatest portion of its GDP on the military in Latin America. Last year, the countrys military spending hit 3.4 percent of GDP, surpassing the U.S. level of 3.3 percent. Colombia is set to increase its 2017 military budget again to support the peace deal reached with the Revolutionary Armed Forces of Colombia, known as the FARC.
AS/COA Online looks at the latest trends in Latin Americas military spending, with a spotlight on Venezuela.
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Weekly Chart: Military Spending in Latin America and the Caribbean - AS/COA Online
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