Insurance = Business – Risk = Profit

For a new beginner in any business or profession, the trends of the market are not any less important than the academic qualifications he got. Many educated businessmen or professionals are seen going down just because they failed to notice some special trend in their industry. Industries are changing and one can’t be completely updated with every change that is happening. Here, I’m talking mainly about the risks that come along with your scope of profit when you are about to start something new. The phrase ‘no risk no gain’ is not just a popular saying. It is a completely technical fact. So, you may equally be going for a huge loss when you are seeking a profit for your effort and investment. There are many unexpected ways in which your business can go horribly wrong.
So, why not be safe! Insurance business, today provide a wide range of coverage for many such contingencies that can even financially embarrass you, if overlooked. Don’t worry! Insurance industries can be your guardian if you can use them nicely. Insurance companies ensure a number of ingredients of your business that may induce a loss to your business.
Just have a look upon the following list of insurance you can get to make your business sounder and risk-proof:

Stock insurance: Your inventory is the main ingredient of your business whether you trade in goods or produce your own goods. Left unconsidered, even petty thefts from your huge stock may impact seriously upon your profitability. And your stock is the one thing that can destroy you in most ways. Fragile to fire, water, and even theft, your stock can bring you a loss while in transportation, storage, production, or virtually any stage. You can ensure your stock against any such probable losses. You don’t have to go through every one of these risks and cover yourself against each of them. You just have to find out, which one of these risks are you most exposed to. For example, if you trade in goods internationally through sea routes, marine insurance is your thing. In potentially inflammable circumstances, the stock should not be stored without purchasing fire insurance.
Keyman insurance: If you are in the business of providing any service, then the most necessary ingredients in your business are probably your employees. A restaurant business can immediately go down if something happens to the cook. So, in keyman insurance, such risks are accounted for, and coverage is available against death or separation of such key employee. But you should purchase this coverage only if your business is heavily dependent upon some key employees of yours.
Insurance for fixed assets: If some unwanted event like fire or flood occurs, not only is your stock at risk, but also your fixed assets liable to bring you loss. The plant and machinery you are using or even the building of your business may bear some damage, which will ultimately cost you dearly. Such important (or even unimportant) assets can also be insured against any contingent losses. But ensuring each and every fixed asset would not be profitable. So, you will have to analyze, among others which of your assets are more prone to damage and which among them are more likely to cause you more severe loss.
Insurance against the loss of profit: So, let’s say your inventory, fixed assets, and even your key employees are either safe or sufficiently insured, and a fire broke out in your factory. Would you be okay with it? Of course not, right? There still remains the fact that your business would be disturbed for a while until the repairing is finished. That means you aren’t going to get your normal profit, that you would have got if there hadn’t been any fire in the first place. So, there is this insurance policy, where you can cover yourself against such cases of disruption in your business. Basically, an estimated profit margin is computed depending upon previous year’s normal rate of return and adjusting it for any expected changes in this year. Such a profit, that you couldn’t make due to say the fire will be your claim if you are fully insured. Otherwise, an average clause is used to make it proportionate to the percentage of insured amount out of insurable amount. If an insured amount is equal to the insurable amount, it is said to be fully insured.

If still there remains any risk, you can think of, that I forgot to speak about, just go to the nearest insurance agent with your concerns. I’m sure he will surely have something for you too. Insurance is a risk management technique. And when you are able to manage the risks in your business, the only thing remaining would be profit.

May 22, 2019May 22, 2019

Who is the First Crorepati Winner of KBC Nepal – Season 1 ?

Nepal has started “Ko Banchha Crorepati” officially on 2nd February 2019.This program airs on AP1 TV and Actor Rajesh Hamal is hosting this show. The total prize on this show is NRs. 10,000,000, which is 10 million Nepali Rupees. Yes, in very short period of time, they have gotten a first Crorepati (Millionaire) winner of the first season so far.

We wrote an article about this franchise show landed in Nepal. Just in three months, “Ko Banchha Crorepati” found their first Crorepati Winner. It took whole 2 episode for “Rajiv Jain” to win a Crore. Episode was aired on May 11, 2019 and ended on May 12, 2019. Rajiv’s First episode aired on May 11, 2019, where he won 25 Lakhs and the Hooter noise came in to indicate that the episode has been completed for the day. 25 Lakhs, where he attempted 13 questions on the first day and second episode was just remaining 2 questions.

Below was the fastest finger first question on that day and only two people were able to answer correctly.

This was the question:
Arrange “Android Versions” in order from the oldest to latest.
A. Marshmallow B. Kitkat
C. Honeycomb D. Donut

And the correct answer was:
Arrange “Android Versions” in order from the oldest to latest.
1> D. Donut
2> C. Honeycomb
3> B. Kitkat
4> A. Marshmallow

Only 2 people were able to answer. One was Rajiv Jain in 2.83 seconds and Narayan Bhandari in 5.02 seconds. Rajiv Jain selected to be seated on Hot seat to get started for the “Ko Banchha Crorepati” game.

Who is Rajiv Jain?
A 43 year old man, Rajiv Jain’s hometown was in Morang, Biratnagar. However, he is been residing in Kathmandu for 10 years. He got big family, his mother, father and their family still lives in Biratnagar. His wife, two daughters, one son and himself lives in S.N.P, Lalitpur (Status Enclave Society). In 2003, Rajiv completed his post-graduation, MBA in Faculty of Management Studies from Delhi University. His family was from business background so that him and his siblings used to help their family in their business when they were younger. He is really happy on how his family have done well in their business. According to him, Education was not only enough to become knowledgeable. We have lot of other available technologies to get all other informative things, such as google is one of the platform where it’s almost impossible to get any answer of your questions.
He thinks that because of these technologies, his general knowledge skills has been increased and made him easier to memorize. He is still trying to gain more knowledge, by reading newspaper and utilizing these types of informative technologies.
He also mentioned that, if he wins One Crore than he will spend some money on social work and rest will be used on his World Tour. He said that World Tour was his dream and without having enough money, it wouldn’t be any possible. Therefore, he would utilize this money to fulfill his dream.

On May 11th, 2019, his first question was below:
While cutting which of these vegetables are your eyes most likely to produce tears?
A. Onion. B. Potato
C. Radish D. Tomato

So, his talented can be seen on that episodes. His logic and the explanation that he provided was an amazing. He sounds like he knows everything. However, he never rushed to answer his questions not even easy questions. He took his time eliminating wrong options and choose the right one. On first day of that episode he was able to answer 13th questions and buzzer stopped them for times up and had to proceed next day.

On what type of questions, he utilized his Life lines?
He used phone a friend life line on 6th question. He asked to call his friend Dipendra Upreti. Dipendra was able to answer correctly. Below was his 6th question, where he used his Phone-a-Friend Lifeline:
Penguin, Ostrich, Emu and Kiwi have what in common?
A. Cannot walk B. Cannot see
C. Cannot fly D. Similar shapes

Second life line he used was Audience Poll and 50-50 on the same question, because he did not trust the audience for the first time. Due to his logic, he was just sticking on one answers that he was thinking of. Below was his 12th question:
The human settlement of which region is considered as the highest altitude human settlement of Nepal?
A. Namkha, Humla B. Narpha, Manang
C. Lomathang, Mustang D. Dhotarap, Dolpa

And the last 15th question and final one to made him crorepati was this:
The First historical election after the inauguration of Democracy in 2007 BS was declared in:
A. 19th Magh 2014 BS B. 7th Falgun 2014 BS
C. 21st Mangsir 2014 BS D. 25th Poush 2014 BS

He answered that last question correctly and he won Crore (10 Million Rupees). All in all, he was able to create an history for becoming First Crore Winner on Franchise Game Show “Ko Banchha Crorepati”. This was also his dream to keep that history and want to see himself as a first crore winner of Nepal.

ALSO READ THIS: First International Franchise Game Show “Who Wants to be a Millionaire” landed in Nepal

April 11, 2019April 11, 2019

Famous Mobile Game “PUBG” Banned in Nepal

People won’t be able to play mobile game called “PUBG” in Nepal from today. The game “PUBG” was widely popular in Nepal among Youth kids and children, where Nepali Telecommunication has blocked/banned this game in Nepal. These players won’t be able to play this specific games now throughout the country. At the special request of the Central Research Bureau of Police, the authorities have directed all the internet companies to ban this game “PUBG”. A letter has been sent from the Authority on Thursday not to download and play the PUBG game.

According to psychiatrist, this game is pushing human to violence. Sometime ago neighbors have banned the game in some cities of India. The news of arresting some youths in Gujrat came to Indian Media as well.

A 20-year-old young man death has become viral in India due to PUBG game. Indian media reported that the deaths of those young people who had been playing “PUBG” mobile games for almost 45 days continuously have died due to extreme pain in their neck. After some time, expert discovered that this game “PUBG” is creating a Mental problem, therefore they suggested to stop this game as soon as possible to stop creating these types of problem.

March 3, 2019May 22, 2019

10 Best Travel Tips for Beginners

Are you new to traveling? If so, there are some mistakes that you can make. These mistakes can lead to you not enjoying your anticipated trip. Travel savviness comes from missing buses, acting foolishly, cultural unawareness, as well as many small mistakes. If you want this process to speed up and avoid mistakes, continue reading on.

Below are 10 travel tips that beginners can benefit from.

Get A Small Sized Backpack Or Suitcase

If you get a small backpack, you will pack light avoiding having to carry many things. Humans possess a natural tendency to wish to fill space, and if we pack lightly, we may regret that we could have taken more things which could have let us enjoy the trip.

It is also easier to carry a small backpack with you wherever you need to go. You can then enjoy yourself without the tension of handling much luggage.

Always Pack Lightly

It is a good idea to pack lightly if you want to enjoy your trip. Write down a list consisting of the essentials. Look at what is only required and take that.

It is tough navigating oneself in the airport or train station when there is too much luggage.

Have an Extra Bank Card Plus Credit Card

Disasters can happen therefore it is better to have some backup in the event that you get robbed and lose a card. No one wants to get stuck somewhere new and not have access to their funds. If you want to avoid this, it is better to carry an extra with you.

Have Extra Copies of Passport And Vital Documents

Anything can happen when traveling. You may lose your passport or some important document. This can be stressful. To avoid it have extra copies of these documents.

You can email a copy of your important travel documents to yourself. You may need to provide some kind of documentation whose original copy you do not wish to carry with you. If you want you can even make photocopies of these documents that you can keep with you.

Learn Some Basic Phrases in the Destination’s Native Language

If you are traveling to a place that does not speak the language which you do, it is a good idea to learn some basic phrases in this language. The locals may appreciate it, moreover, it can make interactions be easier.

It is not necessary to master the language nevertheless learning a few things such as “Hello,” “Thank you,” “Can you tell me where the bathroom is?” can be helpful.

Think about the important phrases and learn these. If you cannot learn them, write them down on a piece of paper or save them in your phone so that you can consult these when needed.

Have a Basic First-Aid Kit with You

Accidents can happen so you need to be prepared for these. You can carry Band-Aids, some antibacterial cream, ointments for minor cuts as well as scrapes, medicines that you may need, etc. with you. You may require these items and it may be impossible to find these immediately whilst traveling.

Book Flights in Advance to Get a Good Price

You can do this about 2-3 months before your journey. Do not stress on finding the cheapest fare. Simply start looking for a good fare from some time before so that you are not forced to book at the last moment and accept costly flights.

Always Be Alert

In some places, robbers find travelers to be good targets. You need to be alert at all times. Do not trust easily and be suspicious. It is stressful to get stuck in travel scams and get into uncomfortable situations. Try and be open but cautious at the same time.

Do not be too suspicious that you become paranoid. Be open to strangers but in a cautious way. Greet people you meet and turn strangers into good friends. You may even end up making lifelong friends.

Only carry the essentials with you when going out. Reduce how much cash as well as bank cards you decide to carry with you. If something happens, it can be easier to recover.

Have Good Shoes with You

It is annoying when you are wearing uncomfortable shoes and so cannot enjoy yourself completely because you are feeling disturbed with these. When traveling, we often walk much. Do not stress your feet.

When in an airport you may need to walk quickly to the place of your next flight. If you are wearing uncomfortable shoes this can hinder you.

Have Travel Insurance

When it comes to travel insurance, this is an important thing which you get and never want to use. Anything can go wrong and you do not want to get stuck with many bills. You will have the insurance ready to use in case you get robbed, the flights get canceled, you experience injury or some sickness, etc.

Find a good travel insurance package that covers the main things that you need to. It is a good investment to make. Look for a good and reputable company that can help you out.

The above are 10 travel tips that beginners can consider. Traveling is a wonderful experience and we should enjoy it to the fullest. Try and avoid common mistakes travelers make so that you can have good memories of your trip.

February 12, 2019

First International Franchise Game Show “Who Wants to be a Millionaire” landed in Nepal

KBC Nepal Ko Banchha Crorepati game show with Rajesh Hamal

“Who Wants to be a Millionaire”, the British based quiz game show has landed in Nepal as “Ko Banchha Crorepati”. This international game show is not a new TV program for anyone, however it’s a big challenge for 3rd world country, Nepal to bring this show. This is a very high budget television show, where it is very tough to survive from the business ads in Nepal.
We do not know what is the loop hole behind all this. But who cares right? People can make money in very short period of time by utilizing their knowledge. At least there is now a opportunity for the talented people to make money with their brain.

The interesting part of this show is all about giving a right answer and wining money on each questions. You must be a very knowledgeable human to get up to 15th question’s answer.

Nepal has started “Ko Banchha Crorepati” officially on 2nd February 2019.This program airs on AP1 TV and Actor Rajesh Hamal is hosting this show. The total prize on this show is NRs. 10,000,000, which is 10 million Nepali Rupees. It plans to air for 3 days a week. However, they have just uploaded in total of 4 episodes on Youtube.

The highest amount won so far was Eighty Thousand Rupees from Episode 3 and 4.

The Format of the Show
A group of 10 contestants on each episode play a preliminary round which is called “Fastest Finger First”. Host will give a questions with four answers, where the contestants must be placed within a particular order.

A group of contestants on each episode play a preliminary round called “Fastest Finger First”. All are given a question by the host and four answers which must be placed within a particular order. The contestants not only ordered it correctly, but in fastest time, get an opportunity to be seated on Hot Seat to play the main game. On the main game, there are total of 15 questions where it starts with NRs.1000 and the last 15th question ends with NRs. 10,000,000. 15th question will make that participants a Crorepati. Below are the group of the questions, where every group ends at safe zone. For example, if you answered 5th question correctly, you will win Rs. 10,000 and you will take that money no matter if you answer incorrectly. Same thing will happen on 10th question, you will at least win Rs. 320,000.

Below are the more detail of the Money Tree.

For the first group of five questions: Rs. 1000 -> Rs. 2000 -> Rs. 3000 -> Rs. 5000 -> Rs. 10,000
For the second group of five questions: Rs 20,000 -> Rs. 40,000 -> Rs. 80,000 -> Rs. 160,000 -> Rs. 320,000
For the final group of five questions: Rs. 640,000 -> Rs. 1,250,000 -> Rs. 2,500,000 -> Rs. 5,000,000 -> Rs. 10,000,000

Lifelines:
Lifelines are the option provided to the contestant to help themselves when they have difficulties on answering questions. Below are the following lifelines available on this show:

50/50: This lifeline will eliminates the two wrong answers, which left with one correct and one incorrect.
Ask the Audience: Each audience members take their voting pad and select the correct answer for the question that they think is correct. Once the voting time has been completed, the result will be displayed in a bar graph with percentage.
Phone a Friend: Contestant are allowed to choose one friend out of three, where they have listed. They are given only 30 seconds to provide input, with the time beginning the moment the contestant begins telling them what the question is, and the four possible answers for it. Contestant will try to get an answer as short time period as possible so that they can verify their answers again and again.

All of the above content have explained you the details of the game. Nepal has started their First season of the show. We congratulate entire team of this show and wish them a success for their long journey.

January 29, 2019

Will Public Pressure Help to Arrest Mast****ting Guy in Public Vehicle?

The incident of violence and abuse in public transportation is not a matter of concern for many people. So, a victim women themselves do not even want to take a counter notification or make a complaint for legal proceedings. But in recent times, pressure from the public level has begun to take action on the victim, with pornographic videos that are public on social networks. Their complaint paper also mentions a pornographic incident in public transport.

On Friday morning, some women reached out to Metropolitan Crime General Branch. Those who had filed a complaint in their hands did not reach the General Branch with personal problems Instead, they reached there with a complaint about the public transportation, which has become insecure for women. Their complaint paper also mentions a pornographic incident in public transport. A man was standing behind a woman and masturbating, where self recorded video has became public, the woman has reached the police with a complaint from the victim’s side.

This incident shows how insecure women are in the public transportation. During pick hours in the morning and evening these vehicles get over crowded. At this overcrowded vehicle, many girls and women get insulted and abusive, those incidents never reach to public or social media. This incident has taught everyone a lesson that not to tolerate abuse, but to report the complaint to police. In order to prevent these types of violence in public transportation, the victims should immediately make a counter notification, otherwise do not hesitate to file a complaint report in Police. The police also need to increase monitoring and activation.

I hate myself to say it loud that I am a Man. Do you hate yourself or feel shame? This incident has crossed the limit. No wonder every girls or women has to face rapist everyday. Until this kind animal person will not get arrested and get punishment, these types of incident will keep happening. If he is not scared of doing this type of action in public transportation, than he won’t be scare to rape any girls or women in public as well. At that moment, will you still be quite?

January 16, 2019September 8, 2026

Global Culture and Football Fandom

Culture is the customs and beliefs of a particular community who shares the same ideological values and are bounded with certain norms to run the society smoothly. Wendell Pierce an American Actor mentioned culture as the intersection of people and life itself. He has viewed culture as the way to deal with everyday emotions in life (Pierce, n.d.). Cultures are the way of life which distinguish community with each other. It is the sum of learned behavior of people which are transferred from generation to generation.

People within the same culture can carry different traits. The perspective of people to see certain things can differ within an individual so different culture can be concealed within a community. There can be sub-culture and counter-culture within a society. Sub-culture is a practice which exists within the mainstream culture. Whereas a counter culture is a perspective which sees mainstream culture as pure opposition. In this subculture, people go against the norms and traits created by mainstream culture. We can also say that sub-culture and counter culture are the subcategory of culture and exist as a minority.

Being said I categories myself into vocational sub-culture. To further simplify, I am into “Football (Soccer) Fan Culture”. This culture drives me to follow Premier League giant Manchester City. From the early days of soccer fan culture, people have divided it into two groups i.e. Traditional Fans and Consumer Fans. Traditional Fans are the fans who support one particular team based on Bloodline, Geographical Location, Ethnicity and Nationality, Religion and Socioeconomic Standings. Consumer Fans further have been classified into Direct and Indirect form. Direct fans are those fans who attend games physically whereas indirect fans are those who support their teams through online media and from the source of information (Jenkins, 2018).

I started following Manchester City since 2008. Although historical giant clubs like Chelsea and Manchester United dominated the domestic league and world football. I was fascinated by the home kit color of Manchester City. The transfer of my favorite player at that time Carlos Tevez from Manchester United to Manchester City was cheery on top for me to get attract with this club. With all these interest and passion, I got myself engaged with like-minded people. Ultimately we formed a group named “MCFC NEPAL” which is now officially recognized group. To utilize our free time doing what interests us we organized an official screening of the game. By viewing our responsibility for society, we also organized different social events like Football Workshop in “Melamchi Village of Nepal” targeting local youths. I feel that “MCFC Nepal” gave us the platform to connect with different people. Getting to know each other, wishing for a particular team to success, contributing our time on same ideology empower us to further grow as a group or as an individual.

Typical footballing fan culture considers us global fans as “Consumer Fans”. Although the definition of traditional fans doesn’t consider global fans as “Real Fans” I think the subculture I follow is counter culture. Though there is no physical presence, we global fans are as passionate as local traditional fans. I think we global fans are more enthusiast than them, due to different time zone we are compelled to watch games at midnight. We global fans don’t hesitate to support our team under any circumstances. So, under the view of typical footballing fan culture the subculture I follow is counter-culture but in my view, we fans of football across the world are under one culture.

WORKS CITED

Jenkins, R. (2018, March 19). The isthmus. Fan, Culture, Pride, Passion, and Money in UK Football, 1. Retrieved Jan 13, 2019, from http://www.theisthmus.com.au/2018/03/fan-culture-pride-passion-and-money-in-uk-football/

Pierce, W. (n.d.). Wendell Pierce Quotes. Retrieved January 11, 2019, from Brainy Quote: https://www.brainyquote.com/quotes/wendell_pierce_488898

All the Pictures used are from Google.com

January 15, 2019January 16, 2019

Women’s Objectification in Pop Culutre

Society has always valued beauty from the period of ancient civilization. The ancient Greeks believed that beauty consisted of three major components including Symmetry, Proportion, and Harmony (Winwood, 2016). This component was modernized into the certain standard as propounded by today’s society. During the period of 1950s-The Golden Age of Hollywood the terms “Curvy-hourglass figure”, “Large Busts” and “Slim waist” worked as the default standard for women’s body shape (Holla, 2018).

In popular culture, media and advertisement have a large impact on how we see and feel about things around us. In past, Women’s were portrayed as a sex symbol, housewives, unintelligent and conformist. Although, things are changing now in the name of women empowerment the underlying meaning has been the same. Women in popular culture have been objectified more than ever.

We are exposed to the objectification of women on the TV, Internets, Apps, Magazines, and News. They are being used as sexual objects; to grab the attention of men, to help sell a product. Also, big busted, thin, young and blonde is the ideal image for many females. Advertisements are trying to sell these ideal women as a product that any average women can transform into.

In 2008, famous celebrity Lady Gaga reviled her trauma of being bullied. The reason was she didn’t look like the “Ideal Image” of a woman. She was teased for being ugly, having a big nose, being annoying. During one interview in 2008, she said that she used to be called sh*t (Hiatt, 2011). But she stood against all these criticism and did the hard work to get into the “Ideal Shape” to reach into the level from where her voice can be heard. Now she is going against this and advocating against women objectification.

The effects of objectifying women have been seen more in the last 50 years. According to NEDA, to gain the “Ideal Body” women are forcing themselves for “Crash Diet” which has caused Eating Disorder which is becoming large within the American Population. From the survey done in 2015 by NEDA, it is concluded that 80% of 10 years olds fear to be fat (Grefe & Beale, 2012). This survey raises a modern-day issue of an individual’s interest to portray themselves as the “ideal person” rather than accepting natural growth.

From the beginning of Modern Civilization till now women are being objectified. Although, if women are tested intelligent, possessed strong arms they are advised to follow the sexist rule created by society. At present, all forms of media ranging from traditional to nontraditional generate an ideal image of what is beautiful. This is evident through the cult of beauty propelled by today’s society.

To change the overall perspective of society it is necessary for women to accept that beauty lies in the eye of beholders and they should feel mentally beautiful and accept the traits given by nature to them (Official Channel & Dove, 2013).

Works Cited
Grefe, L., & Beale, R. J. (2012, October). Summary of Key Findings. Retrieved January 11, 2019, from National Eating Disorders Association: https://www.nationaleatingdisorders.org/blog/summary-key-findings-nedaoptum-survey

Hiatt, B. (2011, June 9). Rolling Stone. Retrieved from Rolling Stone: https://www.rollingstone.com/music/music-news/deep-inside-the-unreal-world-of-lady-gaga-86008/

Holla, S. (2018, January 22). Objectification of Women. Retrieved from Prezi: https://prezi.com/4rsirxealrom/objectification-of-women-in-pop-culture/

Official Channel, D., & Dove, O. (2013, April 14). Dove US official Channel on Youtube. Retrieved from Youtube: https://www.youtube.com/watch?v=XpaOjMXyJGk&gt=

Winwood, A. (2016, April). The cult of beauty in Ancient Greece and Modern media. Battler Columns, 1. Retrieved January 11, 2019, from http://ab.edu/wp-content/uploads/2016/05/April-Edition-Battler-Columns.pdf

All Pictures are derived from the internet

October 13, 2016August 14, 2017

Advantages Of Real Estate Investing

Real еѕtаtе іnvеѕtmеntѕ are trаdіtіоnаllу соnѕіdеrеd a ѕtаblе and rich gainer, рrоvіdеd if оnе takes іt ѕеrіоuѕlу аnd wіth full ѕаgасіtу. The rеаѕоnѕ fоr thе rеаl estate іnvеѕtmеntѕ bесоmіng less risky аdvеnturе primarily rеlаtе to vаrіоuѕ socio-economic fасtоrѕ, location, mаrkеt bеhаvіоr, the рорulаtіоn dеnѕіtу of аn аrеа; mоrtgаgе іntеrеѕt rаtе ѕtаbіlіtу; gооd history оf lаnd аррrесіаtіоn, lеѕѕ of inflation and mаnу mоrе.

Invеѕtіng іn real estate іѕ аѕ advantageous аnd аѕ аttrасtіvе аѕ іnvеѕtіng in the ѕtосk market. I wоuld say іt hаѕ thrее tіmеѕ mоrе рrоѕресtѕ оf making mоnеу thаn аnу other buѕіnеѕѕ. But, But, But… ѕіnсе, іt is equally guіdеd bу thе mаrkеt fоrсеѕ; уоu саnnоt undеrmіnе thе соnѕtаnt risks іnvоlvеd in the rеаl еѕtаtе. Let mе bеgіn discussing wіth you thе аdvаntаgеѕ of rеаl estate іnvеѕtmеntѕ. I fоund the аdvаntаgеѕ аѕ mоѕt suited аnd rеаllу рrасtісаl.
Advаntаgеѕ
Rеаl Eѕtаtе Invеѕtmеntѕ аrе Lеѕѕ Rіѕkу
Aѕ соmраrеd tо оthеr investments, lеѕѕ оf misadventure іѕ іnvоlvеd іn a rеаl estate рrореrtу. I wіll nоt gеt away from thе fact that іѕ juѕt likes any investment you make; уоu have thе risk оf lоѕіng it. Real еѕtаtе іnvеѕtmеntѕ are trаdіtіоnаllу соnѕіdеrеd a ѕtаblе and rich gainer, рrоvіdеd if оnе takes іt ѕеrіоuѕlу аnd wіth full ѕаgасіtу. The rеаѕоnѕ fоr thе rеаl estate іnvеѕtmеntѕ bесоmіng less risky аdvеnturе primarily rеlаtе to vаrіоuѕ socio-economic fасtоrѕ, location, mаrkеt bеhаvіоr, the рорulаtіоn dеnѕіtу of аn аrеа; mоrtgаgе іntеrеѕt rаtе ѕtаbіlіtу; gооd history оf lаnd аррrесіаtіоn, lеѕѕ of inflation and mаnу mоrе. As a rule of thumb, іf you hаvе a gеоgrарhісаl аrеа whеrе thеrе аrе рlеntу оf rеѕоurсеѕ аvаіlаblе and lоw stable mortgage rates; уоu hаvе gооd rеаѕоn fоr іnvеѕtіng іn the rеаl еѕtаtе market оf such a rеgіоn. On thе contrary, if you hаvе thе condo in a рlасе, whісh іѕ burgeoning undеr thе hіgh іnflаtіоn, it іѕ fаr-fеtсhеd tо еvеn think оf іnvеѕtіng іn іtѕ rеаl еѕtаtе market.
Nо Need for Hugе Starting Cаріtаl
A rеаl еѕtаtе рrореrtу іn Cаnаdа саn be procured fоr an іnіtіаl аmоunt аѕ lоw as $8,000 tо $ 15,000, аnd thе rеmаіnіng amount саn bе taken on hоldіng the рrореrtу as ѕесurіtу. Thіѕ іѕ whаt уоu саll Hіgh Rаtіо Fіnаnсіng. If you don’t hаvе thе іdеа аѕ tо hоw it wоrkѕ, thеn lеt me еxрlаіn you wіth thе help оf an еxаmрlе. Rеmеmbеr thаt ѕауіng… Exаmрlеѕ аrе better than percepts!
Suрроѕіng, уоu buу a condo wоrth $200,000, then уоu hаvе tо juѕt pay the іnіtіаl саріtаl amount ѕау 10% of $200,000. The rеmаіnіng amount (whісh is 90%) can be fіnаnсеd, against your соndо. It mеаnѕ thаt іn a High Rаtіо financing, thе rаtіо between the debt (hеrе in thе еxаmрlе іt is 90% Mоrtgаgе) and thе еԛuіtу (here in the example іt іѕ 10% down рауmеnt) іѕ vеrу hіgh. It іѕ also іmроrtаnt tо calculate hіgh rаtіо mоrtgаgе іnѕurаnсе wіth the hеlр оf Canada Mоrtgаgе аnd Hоuѕіng Cоrроrаtіоn (CMHC). If nееdеd, you can also рurсhаѕе thе condo оn 100% mоrtgаgе рrісе.
Hоnіng Invеѕtmеnt Skіllѕ
A rеаl estate investment, еѕресіаllу when уоu buу a condo for уоurѕеlf, will bе a pleasurable learning еxреrіеnсе. It gіvеѕ you the орроrtunіtу tо lеаrn and whеn I wеnt аhеаd wіth mу fіrѕt rеаl estate property, I was totally a dump mаn. Aѕk me now, аnd I саn tеll you еvеrуthіng, from A to Z. Nесеѕѕіtу is thе mоthеr оf all іnvеntіоnѕ. I hаd thе necessity to buу the property аnd ѕо I tried wіth іt, and I was successful. I асԛuіrеd all the knоwlеdgе аnd ѕkіllѕ through experience оf ѕеllіng аnd рurсhаѕіng thе rеѕіdеntіаl property. Thanks tо mу jоb. It gаvе mе the еxреrіеnсе tо become аn investor.
Not a time taking Advеnturе
Real еѕtаtе investment wіll nоt take оut аll уоur еnеrgіеѕ, until you аrе prepared and fоrеѕіghtеd tо take the аdvеnturе іn full swing. Yоu can ѕаvе hell lоt оf time, if уоu аrе vіgіlаnt enough to know the techniques оf mаkіng a judісіоuѕ investment іn thе rіght tіmе аnd when there are good mаrkеt соndіtіоnѕ prevailing аt thаt point оf tіmе.
Yоu ѕhоuld be рrераrеd to time уоurѕеlf. Tаkе ѕоmе tіmе оut, аnd dо mаrkеt rеѕеаrсh. Initiate ѕmаll аdvеnturеѕ thаt іnvоlvе negotiating rеаl еѕtаtе dеаlѕ, buуіng a рrореrtу, managing іt аnd thеn selling іt оff. Calculate thе tіmе іnvеѕtеd іn your real еѕtаtе nеgоtіаtіоn. If the tіmе was lеѕѕ thаn the optimum tіmе, уоu hаvе done it right. And if уоu еnd up іnvеѕtіng more tіmе, then уоu need to wоrk іt out again, and mаkе ѕоmе rеаl correction for consummating next dеаlѕ. Yоu have vаrіоuѕ wауѕ аnd methodologies, саllеd thе Rеаl Eѕtаtе Strategies that саn mаkе it hарреn fоr уоu іn thе rіght manner.
Real Eѕtаtе Aррrесіаtіоn
An аррrесіаtіоn іѕ an average іnсrеаѕе in thе property vаluе over оrіgіnаl capital investment, tаkіng place оvеr a реrіоd. There are some neglected rеаl estate properties thаt hаvе аn аррrесіаtіоn bеlоw thе аvеrаgе mark, whеrеаѕ, ѕоmе оf the properties located іn maintained gеоgrарhісаl areas, ѕhоwіng hіgh demand, have аn above аvеrаgе аррrесіаtіоn. In such centrally located аnd high dеmаnd areas, thе аvеrаgе аррrесіаtіоn can rеасh uр tо 25% in a уеаr. fоr gеnеrаl undеrѕtаndіng, аррrесіаtіоn is what gоеѕ uр.
Nеt Pоѕіtіvе and High Income іѕ Gеnеrаtеd
If taken іn right direction and played ѕеrіоuѕlу, a real еѕtаtе іnvеѕtmеnt can be уоur vіrtuе mаkіng endeavor nоw аnd in tіmеѕ tо соmе. Yоu wіll not оnlу bе hаvіng аddіtіоnаl assets building іn уоur fаvоr, but аlѕо with positive саѕh flow, уоur real еѕtаtе рrореrtу vаluе will іnсrеаѕе аutоmаtісаllу.

June 28, 2016August 14, 2017

Shrinking Capitalism and Rising Commons

If you think that ‘technological singularity’—artificial intelligence controlling human intelligence – is leading us to the brink of civilization, it is nothing more than a Luddite thinking. Technology is, instead, making our life more sophisticated, bridging the gap between the classes, and even changing the classical economic paradigms. These things are observed, not in the complex equation of ‘governing dynamics’, not even in the dry pages of social theories but in simple every day phenomenon – we share music, movies, eBooks almost freely with our friends, exchange the ideas in the social network and share our experiences without hesitation. This is what Jeremy Rifkin, a radical economist, writes in his latest tome ‘The Zero Marginal Cost Society: the internet of Things, The Collaborative Commons, and The Eclipse of Capitalism.’
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