Sunday, March 15, 2020

Second Pillar of Globalization: The Massive Transportation Systems and the Development of Information Communication Technologies (ICT’s)

Second Pillar of Globalization: The Massive Transportation Systems and the Development of Information Communication Technologies (ICT’s)

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The second pillar of Globalization is the development of massive transportation systems and the development of information communication technologies (ICT’s) mechanisms resulting in the use of advanced hard technologies (hardware) and soft technologies (software). The massive transportation systems and ICT’s sector uses technological innovative tools such as large massive, heavy, and powerful transportation systems (large airplanes, fast trains, heavy ships, and long highways), Internet services (Web), sophisticated software and hardware systems, satellite T.V., GPS, and satellite

mobile phone systems. These tansportion abd ICT’s enable quick accessibility to people mobility and information exchange and hence, easier people and business interconnectivity. The present advances in the massive transportation systems and technologies have come a long way since the third industrial revolution (internet, energy, and new financial systems). With advanced massive transportation systems and technologies, new Research & Development (R&D) systems, methods, models, and tools emerged, which in turns led to expansion in the centralization of world production (the largest manufacturing center of the world as China) and business (free trade promoted by U.S.) However, the above benefits of massive transportation systems and ICT’s revolution are mainly enjoyed by developed countries and less proportion for developing countries. This observations are based on the high concentration of production, massive manufacturing, better income distribution, large infrastructure projects, sufisticated technologies, opportunity of low and high qualified jobs, amongst developed countries. Therefore, developing and least developed countries continue to be highly dependent on developed countries under the scheme of high dependency on the high raw materials demand and cheap labor for their manufacturing and consumption goods needs.

However, the role of Massive Transportation Systems and the Development of Information Communication Technologies (ICT’s) play an crucial role to support any massive contagious epidemic diseases crisis such as Wuhan-COVID-19 through the mobilization and communication of masses in case of a possible massive quarantine. Recently, we can observe in the case of Wuhan-COVIN-19 that the major contagious cases are originated from massive transportation systems especially airplanes and transoceanic cruises that many people can expose easily to any virus subsenquently. This research proposes a basic premise that the present massive transportation systems are highly responsible of the fast spread of massive contagious epidemic diseases globally. The best example is the fast spread of Wuhan-COVID-19 infected cases worldwide can show an exponential behavior, it is originated from the large number of flights connections and the size of airplanes that can carry a large number of passangers anytime and anywhere. In the case of transatlantic cruises can show more large number of Wuhan-COVID-19 infected victims than any massive transportation system. In fact, the massive transportation systems are responsible of the masive global tourism expansion and inter-continetal labor mobility easily and effciently. At the same time, the masive global tourism expansion and inter-continetal labor mobility makes of our world more vulnerable to get any massive contagious diseases epidemic faster than before.

First Pillar of Globalization: The Institutional, Legal, and Political Reforms

First Pillar of Globalization: The Institutional, Legal, and Political Reforms

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The first pillar of Globalization is the institutional, legal, and political reforms based on less public sector participation into the market. The institutional focus is supported by the idea to reduce the government participation into the market under the argument of unnecessary bureaucracy barriers. The elimination of unnecessary bureaucracy barriers uses the mechanism of privatization (free market) based on the sale of assets from the government (production plants and public services) to the private sector. The sale of government assets to the private sector assumes a better performance of public goods and services under the statement of high productivity and better public services and products. The mission of privatization is to look for an efficient allocation of resources into the market of any country under the private sector full control.

The new institutional approach and deep legal framework and political reforms that constitute the first pillar of Globalization is based on less government participation in the market. The idea behind the reduced the government size is that exists an unnecessary bureaucracy can create the non-efficient allocation of the production factors. The elimination of the unnecessary bureaucracy is implemented through the mechanism of privatization, where public goods and services are sold to the private sector. The sale of government assets to the private sector is assumed to give rise to higher productivity and better products to the consumers. This is in line with the mission of privatization, that is, to achieve efficient allocation of resources in any economy. However, this new political and institutional framework is supported by the strong promotion of democracy (more participation of the civil society to selects its leaders and authorities in a fixed period of time) and human rights respectively.

In counterpart, we can see that the intervention of government plays a crucial role in any massive contagious epidemic diseases crisis such as Wuhan-COVID-19. The private sector cannot handle so heavy social resposability and allocation of human and material resources to implement a large quarantine under strong sanitary measures, public hospitals, medical and nursing staff, medical equipment, rescue groups, and security in case of a massive contagious epidemic diseases such as Wuhan-COVID-19 according to recently events. In fact, Globalization needs to integrate a new politica, legal, and institutional framework reform that can help to find new mechanisms and schemes in integrating the public sector and private sector together in cases of any massive contagious epidemic diseases. This new scheme can be called “Post-Integral-Globalization”. This new scheme permit the fast implementation of mechanism and policies (Ruiz Estrada, 2011 and Ruiz Estrada & Park, 2018) to prevent and control possible eventual massive contagious epidemic diseases anywhere and anytime. The Post-Integral-Globalization includes the possible joint of research and development for medications and medical treatments, controls and monitoring systems of epidemics, private-public parthnerships scheme, and different mechanisms of cooperation domestically and institutionally.

Is Globalization Responsible of the Wuhan-COVID-19 Worldwide Crisis?

Is Globalization Responsible of the Wuhan-COVID-19 Worldwide Crisis?

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In the past two months’ we experience some of the worse worldwide massive contagious epidemic diseases such as the Wuhan-COVID-19. The Wuhan-COVID-19 is spreading unstoppable globally (WHO, 2020). According to different academics from different fields of research (medical, pharmaceutical, economic, political and social view points) have explained the evolution and negative effects of the Wuhan-COVID-19 on the world economy. Different types of research have been developed and applied to understand and evaluate the Wuhan-COVID-19. All these studies permit to have a better understanding of Wuhan-COVID-19 from a multi-disciplinary perspective (economic, political, medical, biological, sciences, social, and technological). In our research, the single disciplinary analysis is not enough to explain this massive contagious of Wuhan-COVID-19 worlwide. For this reason, this research suggests the study of Wuhan-COVID-19 requests a multi-disciplinary analysis to understand much better the trend and multiple negative effects on different societies and regions around the world. Hence, this research proposes that the Wuhan-COVID-19 crisis is part of the darkness side of the Globalization. Therefore, the next section of this paper is interested to give us a general overview of Globalization respectively.

An Overview of the Globalization Pillars

In the past thirty five years, the whole world has been experiencing dramatic changes in different areas such as economic, technological, political and social changes. Many intellectuals in different research fields in economics, sciences, politics, technology, and sociology refer to these fast changes as “Globalization”. Globalization started as a common word among certain high specialized intellectual groups in the 1990’s, with reference to the dynamic integration and the fast development of new soft technologies (knowledge and software) and hard technologies (machines and tools or hardware). Together with the development of massive and accessible prices transportation systems, mobile telecommunications, and high speed internet.

Subsequently, the uses of the word “Globalization” started to expand worldwide, until it became used into our common vocabulary. It is no longer a special vocabulaty used by historians, economists, political scientists, technological scientists, and sociologists. It is regarded to as the most relevant socio-political-economic-technological revolution until our days. Probably, there is no other word that can better define the fundamental challenges in the post-world modern socio-economic-political-technological in the end of XX and the beginning of XXI century than “Globalization”. But it was not until the 1990’s that globalization made its formal consolidation worldwide. Furthermore, Globalization is a dynamic, complex, and multidimensional phenomenon taking place simultaneously in different levels and transforming the way to see and analyze political, social, economic and technological events in different parts of the world. However, Globalization embodies particular pillars to support



It is discernible from the different phases of this paper that as far as Globalization is concerned, there have been a limited number of studies related to massive contagious epidemic deseases and Globatization. Such a constraint compels Globalization as responsible in the genertion massive contagious epidemic deseases such as Wuhan-COVID-19 worlwide. The weaknesses of Globalization requests a deep reform on its three pillars such as the institutional, legal, and political approach of Globalization (institutional and political reforms); the massive transportations systems (standards sanitary controls and planning implementation) and the development of information communication technologies (ICT’s) (full liberalization); the free trade liberalization and labor mobility (the manufacturing production descentralization from China and jobs creation in different continents). The above, being the general conclusion of the paper that led to the high responsibility to the weak pillars of Globalization in the fast spread of Wuhan-COVID-19 according to this research


Sunday, March 8, 2020

Forex is Invest of Future

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utos are without a doubt genuine marvels of designing. In any case, with more vehicles on the streets now than any time in recent memory, it is vital that each of us knows about its effects on our surroundings. Whether you claim or lease an auto, whether you have a standard or extravagance auto, there are things you can do to spare cash and decrease vitality use, CO2 emanations and contamination.




In the event that you think about an eco-accommodating drive as well, you'll be satisfied to hear there are a couple of basic ways you can have any kind of effect.




Moderate down continuously: Backing off bit by bit at Activity Lights is better for the earth as it diminishes fuel utilization.


Drive at a predictable velocity: Quickening and breaking hard will cut the proficiency of your drive by around 33%. That is on account of sudden halting and beginning requires more vitality. Attempt and keep up a general velocity to get the most out of your fuel.

Use voyage control: Utilizing journey control on level landscape gives a 7% fuel saving money on a normal since it helps you keep up an enduring pace. Maintain a strategic distance from it on uneven streets however as this will bring about your motor to accelerate and back off.

Administration your auto: Guaranteeing your fuel framework is working appropriately and your tires are expanded and adjusted to makers' details can guarantee fuel proficiency.

Exchanging off the additional items: Aerating and cooling and radiators require colossal measure of force, which will cut your mileage. All things considered, driving with the windows open makes drag, so you have to discover a parity to keep up a comfortable temperature inside your auto.



Change gears at lower revs: Over-revving squanders loads of fuel. In the event that you switch up somewhat prior this will decrease your revs. In case you're driving a diesel auto, we propose you intend to up-change a gear when the rev counter achieves 2000 rpm. For petrol autos, we recommend 2500 rpm.

Arrangement your outing: The more straightforward your course and the less time you spend backing off to make sense of which approach to go, the more productive your drive will be.

Close down: Switch off the motor on the off chance that you think you will be stationary for over two minutes.

Lose the weight: Additional weight means additional fuel, so if there's pointless things in the boot you don't require on the adventure, take it out and store it at home.


These couple of straightforward little changes to your auto and driving procedures can be taken after on both claimed and leased cars.This would advance help you spare the earth as well as your cash as well.



Practice environmental awareness and Have any kind of effect to our surroundings!

Finding the Very Best Insurance Rates

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In order to spend less on your auto insurance, property insurance, life insurance policy or another type of insurance that is available in the industry today, there are a number of things that you can do. It is necessary to know about the do's and dont's for you to get cheap insurance rates from among the best providers available on the market. So, it is very important that everyone does their research well ahead of time before making an investment. In particular so, if you're planning to get the cheapest rate possible when another policy term comes effective. Having this in mind, listed below are a few tips that you can share with other people who have the same or similar goals and objectives.


Shop Around for the very best Insurance Companies

One of the first steps in looking for the best insurance rates is searching for the most beneficial insurance providers in the industry. This action doesn't have to be complex as there are a variety of websites that will provide the consumer with this kind of info. From reviewing websites that list the top ten insurance companies on the market to checking a number of different official sites to see what products they are offering, there is a lot of great info online that people have access to today.

Alongside reviewing internet based insurance quotes, another excellent way to find the best insurance firms is usually to network. Some of these networks may be within one's family, on the job, social setting and among friends. There are several means now available that people might use to discover the information that they would need. For instance, when someone likes their own insurance firms, they are surely very willing to share what they have learned over time. So, they can point those who are on the lookout for good insurance coverage at an affordable rate in the right direction.

Contrast Insurance rates from Different Companies

Once it is time for an insurance plan to get renewed, the majority of folks are likely to settle for the new rates that they're given without asking any questions. Even if the new rate could be the best rate that they may find, a lot of people do not take some time from their schedules to look for a better rate. Sadly, this is not always the most suitable practice for people that actually want to save money on their family's budget. In truth, it is within this period that individuals have a chance to reduce their monthly expenses quite significantly. To illustrate, once the new policy renewal comes in, among the first things that every individual requires to do is begin looking around for multiple quotes. A lot of people highly recommend securing a minimum of three insurance quotes from multiple providers to compare. Before you start this process, however, it is very important for everyone to remember that these insurance quotes can only be compared accurately when the features of the insurance plan are the same. Meaning if the individual is aiming to secure a quotation for an auto insurance policy, they have to request the exact deductible amounts from each company in order that computations will be identical. If that recommendation is not followed, the best rate could be based of lesser coverage.


 Go for a Lower Insurance deductible When Inquiring about Insurance Quotations

In addition to comparing quotations from multiple organizations, another wise way of managing monthly insurance payments is to choose lower deductibles. Lower deductibles will automatically lower the value that individuals are required to pay each and every month. However, before these amounts are changed significantly, it is necessary for the covered person to know that this amount comes out of the pocket first whenever a claim has to be filed. So, it is very important for individuals to take into consideration their insurance deductibles very carefully prior to signing the documents.

Inquire about Insurance Quotes Discount rates that Policy owners Qualify for

The insurance coverage rates for policy holders can vary greatly from one to another. This is because the amounts for each person can differ dependent on several types of discounts. One of these may involve buying multiple type of insurance policy from the same company. Because insurance companies are attempting to get as much business from the customers as they possibly can, such a discount may be a win win for both the client and the insurance provider. Another common discount that some people may or may not be familiar with is discounts for those who take defensive driving courses in case of automotive insurance. The reason being these programs teach their students how to make good driving decisions, as well as avoiding accidents. Each discount can help to lower the payments a bit or a lot so it's essential for individuals ask about every type of discount offered, especially if they need to get the maximum benefits.

Conclusion

If you are thinking to invest in a fresh insurance policy for one's vehicle, home or other items, you can acquire the ideal rates possible by looking around in advance. Even in the event the insurance policy comes up for renewal, it's a sound practice to revisit the insurance policy rates so that you can still get the ideal deals. Furthermore it is worth noting that many professionals in the industry can offer great ways to get one of the best quotes. Several of which includes, obtaining multiples quotes from different companies, choosing lower deductibles, and asking about additional discounts.

Lets say you just can't get satisfaction out of your current insurance provider?

I understand how hard it could be to attempt to find the right insurance provider you need, but if you want to really look for the best out of insurance companies, you will need to discover tactics that work amazingly well. These tactics are simple to grab and do not take a lot of your time. You can discover methods to decrease your insurance premiums in this article here: Insurance quotations



Don't give up hope, it's NOT impossible. Get more ways of getting cheap insurance for teen drivers by clicking the link.


Article Source: http://EzineArticles.com/9569344

Why Real Estate Title Agents Need Errors And Omissions Insurance

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In fact, no matter if you have been in business for quite some time, or you are new to the real estate industry, the risks you face daily, from errors in closing costs and payoff amounts to failing to meet client expectations, make you a major target for lawsuits. Even if you are cleared of all claims, the fees spent on defense, the time spent away from your business, and the added stress of dealing with the situation can prove costly. Without the right coverages, real estate agents may put their professional and financial future on the line.


Also, it is the title industry's role to safeguard the client's escrow and other funds by providing a means for the secure transfer of their real estate in the industry. If an error or breach occurs during this transaction, the agent is held accountable for damages incurred resulting from the error or breach.

Title Agents Errors and Omissions Insurance protects title agencies, including the escrow agent, closing cost agent, title searcher, and more, against the impact of a lawsuit incurred as a result of title agents omissions and errors and fraudulent wire activities.

This insurance covers all costs suffered as a result of an emerging lawsuit claiming alleged errors in the title documentation process, including title searches and escrow. Under this coverage, the insured is compensated in the event of final settlement up to the policy limit, as well as compensation for defense costs.

Title Agents Errors and Omissions Insurance Under the Fidelity-Pak Program

Title Agents Errors and Omissions Insurance Coverage under the Fidelity-Pak Program provides a wide range of comprehensive errors and omission coverage for real estate title agents, including:

Claims related to defect or deficiency coverage

Sometimes the real estate process can become damaged due to a defective or unmarketable title, also known as a title defect, which means there is an omission, error, or other complication related to the ownership of the property that makes it unsuitable for sale to a valid buyer.

Typically, as part of the settlement process under a contract of title, the buyer will pay the title company or attorney to search the title to the property to ensure the seller has a valid and marketable title to transfer without title defects to protect the buyer's right to the property. However, sometimes important details related to the property are not recorded in state and county records, which prevents certain information from being known, which puts the agent at risk.

The claims related to defect or deficiency insurance covers claims related to defect or deficiency claims resulting from a deficiency or defect not recorded in public.

Consumer Financial Protection Bureau Matters (CFB) Coverage

The Consumer Financial Protection Bureau protects consumers from abrasive, unfair, or deceptive practices and takes action against businesses that break the law, such as predatory lending.

If a consumer files a complaint against your company with the CFPB, and upon investigation, the CFPB decides that your company has indeed violated federal consumer financial laws, it could result in a court proceeding.

The Consumer Financial Protection Bureau Matters Coverage assists with costs incurred as a result of Consumer Financial Protection Bureau matters. Under this coverage, Insureds receive up to $150,000 sub-limit coverage for relevant attorneys' fees, costs, and expenses, including civil investigation, hearing, subpoena, or civil action conducted or received by the CFPB.

Claims Caused by Independent Contractors

The claims caused by independent contractors insurance covers Insureds against a claim caused by independent contractors.

Occasionally, you may need to hire an independent contractor to assist you in your real estate business. During these times, it is important to verify that the contractor is covered by insurance, which will cover damages if the contractor's errors or accident causes damage.

Prior Acts Coverage

Title Agents Errors and Omissions Insurance covers prior acts coverage is a feature of liability policies that extends the coverage of insurable occurrences to dates before the purchase of the policy. In other words, it covers the time between when services are provided and when claims are filed as a result of those services. Under this coverage, all claims caused by wrongful acts following the retroactive date and before the end of the policy period are covered.

Fraudulent Email Wire Transfer Coverage (Third Party)

Under the Fraudulent Email Wire Transfer Coverage, compensation is paid on behalf of the Insured, those sums insured become legally obligated to pay up to $1 m for a covered loss as a result of an employee transferring escrow funds from an account of the Insured in dependence upon fraudulent email instructions relieved from a criminal claiming to be a lawful party to the transaction.



For more information on Title Agents Errors and Omissions Insurance, contact Riebling Insurance Agency, a leading commercial insurance firm specializing in Title Agent E&O insurance for both small and large companies, at RieblingInsurance.com




Article Source: http://EzineArticles.com/9671694

How to Get Cheap Health Insurance Plan?

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The United States Government has been presenting several schemes and plans to help the American residents enjoy health insurance benefits to the fullest. "Obamacare" is one such scheme that provides health insurance facilities for both the high-income and low-income groups in America. However, a report from a Washington D.C. firm, named Avalere Health, reveals that the price for one of the plans in Obamacare, called the silver plan, will rise to about 34% in 2018. The silver plan provides a decent coverage policy and is a bit high on the monthly premiums. For those who cannot afford to pay such high premiums; they need not worry, as there are policies besides this and a subsidy scheme, which will provide health insurance at low cost.


While shopping for cheap health insurance plans, one should have sound knowledge about health insurance policies. Senior Vice President of Advisor Services at Manning & Napier, Shelby George advises the shoppers to always look for how much coverage is provided for the costs a company provides. In other words, one should not get carried away by the cheap rates, but should rather focus on how much coverage the insurance companies are providing for those cheap rates they advertise.

In order to get best cheap health insurance, here is an explanation of the different policies available and a description of, whether one can get insurance for "free".

Subsidies and other Health Insurance Plans:

With an aim to provide all Americans with Health Insurance coverage, one of the many useful plans proposed by the Government, is that of 'subsidies'. A subsidy, in simple words, is the amount paid by the Government to the insurance companies to provide health insurance facilities to those with low incomes. This means that people falling into the low-income group will be able to enjoy health insurance benefits through the use of subsidies, which would otherwise be rejected by insurance companies on any other short-term policy claim.

An individual who earns about $48,000 and a family of 4, which earns somewhere less than $98,000 are those who can enjoy the benefits of subsidies. Hence, people with low incomes can enjoy good cheap health insurance with the help of subsidies. However, these subsidy schemes proposed by the Obamacare plan are more likely to be altered or eliminated on the whole by the Trump administration.

Talking about other health insurance plans, a silver plan will cover up to 70% of a person's health care charges while a bronze plan will cover up to 60% of the costs and the remaining percentage of charges will have to be paid out of the person's pockets. Now, comparing these two plans, if one wishes to spend absolutely NO money out of one's pockets, then choosing a bronze plan along with a subsidy will be of great help. For those who cannot afford to pay out of one's own pockets, the bronze plan coverage of 60% along with the remaining 40% covered by subsidies will help to enjoy cheap health insurance.

What Type of Policy One Can Choose?

The first step to get hold of the best cheap health insurance is to be aware of what policy suits one's needs. Here is a list of two options explained briefly, so that one can choose the best fit.

1. Short-Term Policy: 

A short-term policy is for those people, who do not qualify to avail subsidies. In other words, people for whom it becomes 'unaffordable' to get health insurance are advised to choose this policy. Here the term 'unaffordable' is described as the cost that exceeds above 8% of an individual or a family's annual income. According to, Nate Purpura, the Vice President of Consumer Affairs (ehealth.com), individuals whose income ranges from $49,000 to $69,000 and families that earn somewhere between $99,000 and $129,000, are supposed to go for short-term policies.

Hence, if one finds it difficult to pay expensive premiums and avail health insurance, then going for the short-term policy is highly recommended. However, there are no penalties if one doesn't wish to have any health insurance. But, on a positive note, it is beneficial for the individuals themselves, if they have some financial protection that will be of benefit in unfriendly circumstances.

Here are a few noteworthy details about short-term policies:

  • These policies usually last up to 3 months and can be extended till 9 months (in 3-month period renewal).
  • According to the new rules proposed by President Trump, having a short-term policy will be mandatory for all individuals. However, this rule has not yet been passed, but will soon be in effect.
  • These policies do not provide coverage for pre-existing illnesses, i.e. diseases that one is suffering from, before applying for the policy.
  • If at all one wishes to include such pre-existing illnesses in the coverage plan, then the premiums will increase substantially.
  • Unlike Obamacare schemes, short-term policies will not cover charges for maternal care, injuries due to abuse, and mental health treatment.
  • On having a short-term policy, one can avail decent health care facilities at about $100 premium a month.

On an overall basis, despite the low coverage options it provides, those who are looking for cheap health insurance for individual or cheap health insurance for families, can avail great benefits from this policy.

2. Combined Policy or Combo of Policies:

Traditional policies or in other words plans with higher premiums will provide coverage for all the expensive hospital bills in case of risky illnesses or accidents. Whereas, choosing short-term plans will simply cover the normal doctor-visits. But if one wishes to avail the benefits of both the policies, i.e. get coverage for risky illnesses as well as for normal or routine sickness (like a cough, cold, fever), then insurance companies these days are offering combo packages.

In the recent past, people used to apply for both policies separately in order to avail coverage in both cases. This was getting difficult for the insurers to calculate different percentages and amounts; hence the plan for combo policies came up, allowing people to avail both benefits within a single policy. However, as evident as it seems, going for these policies will definitely cause one to pay premiums higher than usual.



So a gist of all the above-discussed points is that one should not always get attracted by offers that merely advertise of providing cheap health insurance for individuals, instead one should look for the quality of coverage they provide for the cheap insurance rates. Shopping for health insurance also requires thorough research and study, just like any other insurance policies. Since this is an issue concerning one's health; it is nowhere worthy to just be worried about money. Quality service always comes at pay hence one should be wise enough to search for policies that provide affordable and quality health insurance plans.


Article Source: http://EzineArticles.com/9964889

5 Basic Insurance Mistakes to Avoid

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Having basic insurance coverage is essential. If you don't apply for insurance, know that it will be a big mistake. Therefore, you may want to have enough coverage to meet your needs. Also, it's important that you realize the importance of insurance. Given below are a few common mistakes that you may want to avoid when it comes to buying insurance.

Ignoring the Importance of Basic Insurance

You must have at least basic insurance. For instance, it can protect you in case of car theft and accidents. In addition, basic health insurance can help you save on your medical bills. If you can't go for a comprehensive policy, make sure you get a catastrophic or deductible plan.

According to the Affordable Care Act, you must have health insurance. Otherwise, you may have to face fines at the time of filing your taxes. The health plan you opt for should meet your minimum requirements. A plan designed for disability protection, for instance, can protect you if you fall seriously sick or get injured.

Opting for an Expensive Plan

Another common mistake is to purchase a plan that is more expensive. It can be hard to estimate how much you should spend on a plan, especially when it comes to liability insurance. Therefore, we suggest that you have a discussion with an agent about your assets. At young age, you won't have to pay for an expensive plan as you won't have a lot of assets to protect.

Opting for a Cheap Plan

Under insuring yourself is another common mistake. Ideally, your basic plan should be able to cover your expenses. In other words, in case of an accident, your plan should be able to pay for all the medical expenses.

For a health plan, the same is true. If you are in the United States, one million dollar can be enough. However, if you have a major illness like cancer, your medical expenses will be much higher.

Opting for the Wrong Insurance

Getting the wrong type of insurance policy is another common mistake. It's not a good idea to opt for policies that won't be of any use to you. For instance, if you are under the age of 30, you don't have to get different types of policies.

Keep in mind that you don't have to go for all types of policies. If you know what you are going to get, you won't have to get surprised at the time of filing a claim.

Not Considering Different Policies

Make sure you shop around before deciding on a policy. It's better to do this every now and then. This will help you save money by opting for a different policy. In addition, you may consider policies that offer discounts based on your location or profession. Shopping around won't take much time but save you a lot of money. Plus, it will help you avoid common mistakes.

In short, these are some common mistakes that you may want to avoid when it comes to buying the right type of insurance policy. It's much better to consult a health insurance agent to make an informed decision.



If you are looking for a California health insurance agent, we suggest that you check out Health Insurance Agent.



Article Source: http://EzineArticles.com/10238774

Buy Gold and Silver - 3 Things You Must Know

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So you are ready to buy gold and silver! You've seen a ton of commercials on TV pounding the importance of physically owning your precious metals, and you've heard the myriad of reasons why you must own it. You've made the decision... you're ready now to start buying! Now what?


Do you know how to ensure a safe and confident purchase? I'm going to make this really easy and simple for you. There are three things you really must know to buy your gold and your silver the right way and with confidence. You do want to buy with confidence, right? OK, so here are three essential things you need to know.

Authentication: You need to know how to authenticate, so you know it is real. It would really be a shame if you finally went out and bought some bullion, only to find out later that it wasn't even real. To avoid this pitfall, you need to know how to authenticate your purchases before you buy. The subject can get deep and it is not realistic to go into the pros and cons of the various methods for authentication here, but I do want to briefly share what those methods are so are aware of your choices. There are three ways you can test the authenticity of your bullion... those methods are chemical testing, electronic testing, and physical testing. The testing methods you choose will be based on the types of purchases you are making, the volume of your purchases, and your budget for testing (particularly, some of the electronic testers can be pricey). Chemical and electronic testers are pretty much what you'd expect them to be. Physical testing includes testing weight, size, and sound (yes, sound) of the bullion you are testing.

Valuation: You need to know how to determine value, so you don't overpay. To determine value, you must know the weight, the purity, and the trading price (known as the spot price). Weight is straight forward and is a measurement of the weight of a given piece of bullion. But weight is only part of the equation... we need to also know how much of the piece is pure. For instance, if a piece of silver bullion is 50% pure, then the silver content would be 50% of the weight. Once you know how much silver (by weight) is in the piece, you can easily figure the value using the spot price. Note that trading prices vary slightly based on premiums charged by dealers. I just cannot over stress the importance of your ability to determine value so you can make smart buying (and selling) decisions.

Strategy: You need to understand your own strategy, essentially the real reason why you are buying these precious metals in the first place. This is more important than you may initially think because it will help you choose the correct bullion. Bullion comes in many different sizes, shapes, and value, and you will need to make purchase choices based on your objectives. Your choices could differ if you are buying for wealth protection, or if you are buying to hedge against currency fluctuation, or if you are buying to prepare for an economic meltdown. Whatever your reasons, you must know why so you can make the right choices. And here's an extra tip: You'll also need a strategy for storage.
Buying gold and silver is simpler than you think, but one mistake can cost you big time. After all, precious metals are valuable, and your purchases can (and should) really add up. I hope you found this article helpful on your journey.

You can always learn more essentials about how to buy gold and silver on my informative blog, or even ask me a question there!

Thanks for reading. For more information on the right way to buy gold and silver, visit my blog using the link above.



Join my list for periodic relevant updates, and I'll send you my guide to getting free silver from banks (I wrote it). Join me here: http://InvestingGoldNow.com/freesilver



Article Source: http://EzineArticles.com/9842983

5 Ways to Trade Gold

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How is gold traded? The financial markets offer investors a platform to trade using several financial products.

Gold is a fast market commodity owing to its price volatility; usually experienced after a period of relative consolidation and price stability and securities markets reaction to the performance of the US Dollar.


Here are 5 ways to trade gold for investors:

1.ETF's
Exchange-traded funds (ETF's) for gold allow investors to trade gold without physically handling the bullion. Gold EFT's track the performance of gold spot prices against the various market indexes and hence provide investors with the opportunity to own gold without using it as leverage. The passive management approach of EFT's ensures that investors' gold shares are always valued at the optimum market level in tandem with the various market indexes. The virtual gold traded in EFTs is however backed by physical gold assets that are shared among the investors.

2.Miner single stocks
Investors can buy stock in the gold mining companies in speculation of a dividend due to profits from increased gold prices, or short-term trading opportunities. However, gold miner stocks, including junior gold stocks, are risky because their performance is leveraged against both the domestic market and by the gold spot prices. This gives the investment a 3-to-1 leverage on either side of investing. Traders can be spooked by either the gold spot price or by the domestic factors, making the investment volatile and hence suitable for investors with a large risk-tolerance.

3.Physical gold bullion
Unlike the EFT's, traditional gold trading entails purchasing and selling gold coins, bars and jewelry and storing them in a safe at home or in a deposit box at the bank. The physical gold inventory acts as a currency hedge or an alternative source of cash that offers high liquidity. An investor may alternatively purchase physical gold from the markets and resell in retail shops as bars, coins or accessories after value addition. The trader places a markup on the products based on the costs and sentimental value put on the gold products.

4.ETN's
Gold exchange-traded notes (ETN's) are debt facilities an investor extends to a bank, tracked against specified indexes. Upon maturity, the investor gets the equivalent of the index performance in the form of gold. This approach does not guarantee an investor of positive returns and hence it is risky as it lacks a principle guarantee. However, the flexibility of ETN's allows an investor to strategize gold trading as either long-term, short-term or pursue a mixed strategy.

5.Closed-end funds
These funds provide investors with a less risky opportunity to invest and trade in gold. The closed-end funds that specialize in gold trading have a portfolio of gold assists where traders chose to trade at a premium or at a discount. The closed-end funds select companies that are conservative, efficient and reliable hence provide a less risky opportunity for investments.
Chris Bouchard is a strategic consultant who works with non-profit leaders and social entrepreneurs to apply concepts and techniques to identify complex strategic issues, find practical solutions, and devise strategies to create and win a unique strategic position. He also offers project development, proposal writing, and project evaluation services.




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