Cash for Your Annuity Payments

Getting the cash to pay for your son’s college, or to pay for your new house is something you can’t simply ignore. While you can apply for a loan, often times the interest may not be very favorable for you and you end up paying more than the amount you borrowed. However, if you are a recipient of an annuity payment, selling a part or the whole of the payments may be enough to answer for your immediate financial needs. In fact, most annuity recipients sell annuity for this reason.

While it is true that you can find several annuity buyers that are interested in buying your annuity payments for lump sum of cash, not all will be willing to pay most cash for your annuities. So it is best that you carefully choose to whom you’ll sell your annuity. There a few steps you need to follow to sell annuity for most cash.

Do Research

The first step you need to do is to make at least a short research about your annuity payments. Does the agreement you signed allows you to sell annuity payments or transfer your rights to a third party? Does it require court order so you can sell your annuity? How much does your annuity cost? It is best that you also consult your lawyer, or your financial adviser when deciding whether it is favorable for you to sell your annuity or not.

Ask for Quotes

To help you find the best annuity payments buyer (the one who is willing to pay most cash for your payments) you need to have an idea how much will they pay for your annuity by asking for their quotes. You can either personally visit them at their office, or call their business line, or you can visit their online website. Either ways, you can secure the quotes you need to better decide on the matter.

Analyze

Choosing the highest bid does not end the process. You also need to verify if they will be charging you with other fees in connection with the sale of your annuity. Some annuity buyers would usually offer huge amount of cash for it only to find out that they have to deduct from that amount the fees needed for the processing of the sale of your annuity. Compare the fees and the amount these annuity buyers offer you. Consulting your lawyer or financial adviser will be very helpful in this stage. Once you have cleared and compared everything only then you’ll finally sell annuity payments.

What You Need to Know About Structured Settlement Companies

Structured settlement companies can help you a lot. A structured settlement is a financial or insurance agreement that a person accepts rather than taking a lump sum payment. There are many factors to consider when looking for structured settlement companies to work with. One important decision is whether or not getting a lump sum by selling each one of your future payments is an option. The best things about hiring a company is that you will have peace of mind knowing that you will not be deceived.

Structured settlement companies assist in paying the bills you have now. The problem with this is if the structured payments are not enough to cover all unexpected expenses, which is one of the most common issues among the customers of these sort of financial firms. The key is to find the right firm to sell your structured payments to. Time and research is necessary before accepting any lump sum for any structured settlement you may have. The reason for this is that you will maximize the amount of money that you will get out of these transactions.

There is a lot to consider when searching for the best structured settlement companies in the market. They must be very easy to work with, and offer you all the help you need to solve particular issues in your case. If you rush through the process, the results might be disappointing. It is also important to set your emotions aside when choosing a financial firms as some of firms may try to take advantage of your weakness to get more money.

These are some of the pros and cons of using the services of these firms:

Pros

1. Instant cash. They are great for those who are not currently employed or are currently facing financial troubles

2. Investment. Inflation is the increased value of goods and services therefore the value of a dollar today is worth more than a dollar in 30 years. This is one of the reasons why many people use the services to get a lump sum and to invest their money.

Cons

1. The lottery effect. It is very common for lottery winners to spend all their money within five years. The same situation might happen to you if you spend your lump sum irresponsibly. You need to know that structured settlement companies buy their structured settlements at a 25% or 50% discount. This means there will be consequences if your investments are not handled with care.

Conclusion

As you can see, they are useful. It is an excellent method to get money fast if you need it right now, but there are many factors to consider before doing this. It is important to assess the pros and cons of using the services of these financial firms because there are consequences for being irresponsible. Before committing to structured settlement companies, you should take the time to research and investigate the pros and cons and seek counsel at any time.

An Investment You Can Trust

Company leaders must constantly evaluate the ROI on system-wide programs and initiatives. Things that were once considered simply a good business practice, like community and philanthropic involvement, are today considered an investment. After all, in business, what is more valuable than your time and money? Yet, community involvement remains one investment whose power can never be underestimated. True involvement in charitable programs is still one of the easiest methods to increase corporate awareness, recruit and retain employees, and give back to the community that supports you.

Common sense dictates that philanthropic involvement is a feel-good, easy way to positively position your company with shareholders, investors, customers and employees. Not only does your involvement improve your image with those who have a vested interest, but it is also a good way to generate positive media coverage for your company.

More importantly, community involvement can do wonders for employee morale which can lead to higher productivity and a team-focused, enjoyable work environment. In addition, coming together for a common cause promotes teamwork and the desire to learn new skills and practices. Many companies use workplace philanthropic programs to retain their employees and even recruit new ones. Job-seekers are often attracted to companies that give back to their communities, and allow personal time away from the office for volunteering. In fact, 58% of companies use their employee volunteer programs for recruiting and retaining employees, according to the Corporate Volunteer Program as a Strategic Resource.

Your involvement doesn’t just benefit your company and employees, ultimately, the organization in which you are supporting has a better success rate because of your goodwill and generosity – you have opened the doors for them to get their message out. In addition, your company’s involvement may have helped them reach their own goals, whether it’s increasing their volunteer base, community support or in-kind and/or monetary donations.

Obviously donating corporate time and money to community involvement is a win-win situation, however there are literally hundreds of credible organizations in your community that want and need your support. How do you choose the right one for your business? Nearly 82% of corporations focus their employee volunteer programs on core business functions. (i.e.: those in the real estate business start out with programs such as Habitat for Humanity). In addition, programs that are directly related to the community in which you are based, or programs that are universal to all businesses and lifestyles, are also great places to start looking. The good thing is that any non-profit you choose to support will be appreciative and eager for your involvement.

It may sound cliché but getting your employees and company name out into the community can be one way to achieve your corporate mission. It allows everyone – your company, employees, and the community itself – to win. But just remember that with community involvement, just like with the many important things in life, you get out of it what you put into it.

Companies That Buy Structured Settlements

If you’re in need of immediate cash and it’s going to be some time before receiving the next installment of annuity payments for your structured settlement, it’s time to examine the options.

If you find that those small payments don’t take care of your financial needs, let’s take a look at the options for your scheduled payments:

– Take out a loan
– Cash out settlement

Sometimes opting for a cash out is better than taking out a loan against structured settlements, if you consider the total interest that you would need to pay.

So, selling your structured settlements is the best way out. One option to consider are the numerous companies that buy structured settlements. For some. the question might be how to find such a company? While you can consult your attorney or the insurance company, many look online.

Factoring Companies:
Yes, that’s what we call those who buy the structured settlements from the plaintiff and offer a lump sum in return. You have the option to either sell the settlement in its entirety or part of it. Things really depend on how much you need. If you have immediate cash needs many find that selling a structured settlement is often the right decision. If you can wait for 6-8 weeks after the hearing for the cash out procedure to be completed then, there’s no need to take the loan.

Important Considerations:
When you are finalizing on the appropriate factoring company you should keep a few points in mind. These will definitely make it easier for you to take your pick:

– Of course, the most important consideration is to see the best offer and weigh the pros and cons of working with a particular company. Saving as much as possible from getting lost in discounts and transactional expenses should be your aim while selling your structured settlements.

– Check if they are following the compliance requirements with the laws of the land. There are federal and state laws in place which may affect the transaction or prevent it altogether. It’s important to be aware of your local laws in this regard so that you can keep a track of whether they are being adhered to or not.

– Don’t forget to check if they offer customized services or not. Most of the reputed organizations aim at delivering according to the requirements of their clients. As such they offer a number of buy-out options which gives you the flexibility to choose from the available alternatives.

– Be certain there are no hidden fees involved before choosing a company to work with

Selling structured settlements that are not guaranteed or life contingent:

What is a life contingent structured settlement? In this case, you will receive annuity payments that are timed in such a way a part of the settlement will continue even after your death, but your heir will not be able to inherit the right to receive the payments.

If your structured settlements are life contingent, implying that the payments are not guaranteed or life contingent, and you want to sell a part of it or the entire amount, what do you do in such a situation? You’ve just got to find the right company. This kind of transaction needs specialized knowledge, training and trustworthy position in the market on the part of the factoring company, being a bit more complicated than the usual process. That’s why finding a company with a wide network and experience in buying these structures can successfully complete the financial transaction and hand over the cash to you at the earliest.

Many consider selling their settlement due to unexpected expenses, an opportunity presents itself, or out of necessity. Some of the more common reasons include college tuition, home repairs, buying a home, starting a business, medical expenses, funeral costs, or a down payment on a new time.

Whatever your reason might be to sell a structured settlement, it’s important to find the right company to work with.

Structured Settlement Loans

Structured settlements are financial awards made against one party for the benefit of another party, where the receiving party is awarded compensation at the expense of the other party, usually in settlement of for instance a workplace, personal injury or wrongful death compensation claim. Rather than receiving all the compensation award in full upon settlement, they provide for the award to be paid via a series of payments at agreed periodic intervals. The perceived benefit is that this reduces the likelihood of the award being spent unwisely shortly after the compensation is received. They are considered particularly appropriate for recipients who may be lack maturity at the time of the award or otherwise be considered vulnerable.

A structured settlement loan is an arrangement whereby the beneficiary takes a loan using the structured settlement payments as collateral for the loan. In the first instance and even if the settlement provides for an immediate payment, the first payment may not be received until several months after the date of the settlement, and if the beneficiary needs funds quickly they can chose to obtain funds faster via a loan, and then pay back the loan upon receipt of the future payment. In addition to this form of ‘bridging loan’, there may be instances where after a period of time after the award the beneficiary has a change of circumstances or priorities, and needs to access monies to fund certain life events such as home purchase or an educational course, or perhaps just to pay off debt. In these circumstances the beneficiary could choose to take out a lump sum loan as a means to release funds, and then arrange for the loan to be paid back from the future periodical payments. A loan should differentiated from selling the right to the payments outright. This is an option also available to beneficiaries of structured settlements, however, there is a subtle difference.

Before taking a loan, a beneficiary is best advised to consider whether this course of action is genuinely in their best interest. It is advisable for the beneficiary to be candid with themselves and ask whether the financial situation they are seeking to alleviate has been created by poor money management skills. If this is the case the receipt of a large lump sum of readily spendable money could actually make the situation worse, as it may just support a cycle of poor decision making, without forcing the beneficiary to address the underlying issues. In any event it is advisable to obtain professional financial advice before proceeding.

Structured Settlement Investments

Structured settlement payments are a form of financial compensation award whereby the payment is made as a series of periodic payments rather than as a single payment upon receipt of the award. This can take the form of significant payments when a beneficiary reaches a certain age, such as a 21st birthday, or it could form smaller monthly payments over many years or even decades. The payments are typically in made in lieu of a successful personal injury or workplace compensation award. They are often made when the beneficiary is a minor or otherwise considered vulnerable, and may not be considered best able to manage receipt of a large lump sum of money at a given time.

The terms of structured settlements are negotiated between the parties at commencement, and in some instances the financial priorities or needs of the beneficiary will change over time. In the event the beneficiary wants more or all of the funds in the payment plan earlier than scheduled, they have the option of selling part or all of their future payments in return for an immediate lump sum payment. A characteristic of selling the periodic payments in return for a lump sum is that the seller will not receive the full notional amount of the total payments. For instance, if the award provided for a sum of $400,000 to be paid in equal annual instalments over 10 years, if the beneficiary sold the right to receive the payments soon after the award they may for instance only receive a payment of $300,000.

When sold on the investment markets, the right to receive the payments are known as structured settlement investments. Essentially the investor is the party on the other side of the trade from the seller. Inside the investment markets they are considered to be Secondary Market Annuities, or SMA’s. SMA’s are considered to offer comparatively high yields and low risk compared to other annuity products. It should be appreciated that each SMA is unique and the payments receivable are specific to the individual structured settlement being purchased.

The higher yield payable from these investments is not reflective of a greater risk, but is rather reflective of lower liquidity. The terms of the payments were tailored to the requirements of the beneficiary at the time of the award, and often will not provide for equal periodic payments over long periods of time as is typical with a conventional annuity. Participants in these markets should also be aware that before they can be sold Court approval is required, and the remit of the judge is to ensure the beneficiary of the award is fully aware of the implications of the transaction and that the terms of the sale are equitable to all concerned.

Questions and Answers on Structured Settlements

Q: What are Structured Settlements?
A: If you have been involved with a lawsuit involving personal injury settlements, your attorney may suggest that you consider structured settlements. This is when your case involves settling for a large amount of money, and often the other side’s attorney will offer a plan for you to receive the settlement amount over a proposed period of time, rather than all at once in a lump sum. The payouts can range from an annual payment over a period of 10 years, for instance, to perhaps a payment twice a year. The party who is settling with your regarding your personal injury settlements will purchase an annuity which guarantees the full payment over time.

Q: Would I Benefit From Structured Settlements?
A: Avoiding a large tax impact can be one of the main benefits of accepting lawsuit payments through structured settlements. When properly organized, your tax obligations in regard to the amount you have received from the personal injury lawsuit settlement may be reduced, or in some cases may even be tax free. Someone who has been severely injured and will have years of on-going medical care and special needs may benefit from this type of settlement. In a situation of a wrongful death case where there are young children, structured settlements may be utilized to pay for the cost of college in the future.

Q: What are the Drawbacks of Structured Settlements?
A: You may not borrow against the future payments of your personal injury settlements. For instance, let’s say you’d like to purchase a home. If you receive an annual payout this may help for your income qualifications on the house, but you cannot access the annuity to put a down payment on the property. The amount of return on the annuity may be less than the amount you may be able to receive if you were managing the full settlement yourself.

Q:Is it True I Can Sell My Structured Settlements?
A: Yes, this can many times be done. There may be laws or restrictions which will come into play. Certain insurance companies which are handling the lawsuit payments may have restrictions on a sale to a third party. This can be an arena where unscrupulous business are shopping for a good deal, and offer you a low amount, but for a quick payout. Annuity buy outs are not always the best answer, and often may need to be approved by the court. At the very least, seek the advice of your personal injury attorney before entering into an agreement to sell through annuity buy outs.

Article Source: http://EzineArticles.com/9141154

How To Test Currency Trading Strategies With Minimal Loss

Trading currencies takes both practice and lots of research. Countless factors can affect the value of these trading instruments and circumstances can change at any point in time. Fortunately, there are a number of was to determine whether or not your trading theory is a viable one before bringing it to market and risking your hard-one cash.

It is important for all currency traders to have access to a good trade simulator. This is a program that allow you to put your trading theories into action, even before you actually risk any money. They are great practice tools for people who are just getting started in this market, but even more seasoned traders to continue to use them to further hone their skills.

Another major benefit in using these tools is the fact that they can help you verify your sources. If you implement a trade in a simulated environment based upon info that you’ve gleaned from your sources, the results will tell you whether or not the information supplied was reliable. This is actually a very effective tactic for testing sources out all throughout your trading endeavours

Find out what’s going on in the world new, particularly within the countries with currencies that you are targeting. Whenever you engage in foreign markets in any capacity, even if it’s just through Forex trading, you have to remain abreast of world events. Changes in foreign policies and political strife can and do have an impact on currency values. You must be well read.

To be even more thorough in your research, take the time to learn about world events outside of these areas that still have the potential to impact their economic standing. Companies that have formed alliances can affect gross domestic products and other natural factors. Find a good world newspaper and read it daily.

Access a good trader forum and pay attention to what other traders are talking about. Look for information that is specific to your targeted currencies. You will find that many successful traders are reticent to talk about their own, unique theories and strategies. They will, however, offer a lot of helpful advice that you can glean and use to make informed decisions in your future transactions.

Decide whether or not the strategies you’re considering have performed well in other markets. Certain Forex strategies are actually viable in the binary options market. Experience in this market will vastly expand your knowledge base and your ability to leverage new theories successfully. You can check out forums and message boards that are maintained by binary options traders and you can even take advantage of some of the available info resources. You must always bear in mind, however, that there are still inherent differences between these two financial instruments, despite their impressive number of similarities.

One of the best places to learn more about a Forex strategy is through an online training program. There are usually lots of seasoned investors that you can connect with via these platforms in order to solicit feedback. Some of the best training companies also have a number of free, info resources that you can browse at will.

Retail Trading Strategies

Retail trading is done by a distinct investor with an aim to purchase or sell shares for their own account. It is not for an organization or a firm. The transactions in retail trading are normally in smaller amounts. Experts believe, market efficiency is impacted by the emotions of a retail investor. It has been recorded that investor opinion affects asset prices. Investor emotions, as evident in the demand from the retail investor, could lead to prices moving from basic principles.

A strategy in retail trading is called as trend trading. Trend trading characterizes the elevation of normal thought process. Historical evidence suggests that the most prudent decision in the stock market would be, to be part of the group.

Emotion is critical for the behaviour of a group. It is evident that the confidence of the group results in an impetus. The trader is safer by being part of a group. Based on the evidence from the speculative sentiment index, the trading group usually goes against the trend.

It would be practical to look at two groups operating in the market at a particular time period. One group would be the mega institutions that have the information and are cash rich to make an impact on the market. They comprehend the pulse of the market well. On the other hand, the retail group that is looking for substantial gains, though they are not cash rich and are usually seeking to assess a change or be the market driver with an aim to increase their investment significantly.

The best option for a trader following a distinct trend is to identify one based on technical indicators that the retail group is opposing and then using the trend assertively till the retail group begins to follow it, at which point one can use the reversal.

It is evident from various trends in the market that the movement of trend and group sentiment are correlated. For e.g., if the trend is lesser, the retail group is purchasing, and if the trend is higher, the retail group is making a sale.

The counter trend trading strategy is very popular among traders. Though traders on the whole would confirm that trading in the path of long term trend would be the most optimal method for trading, certain traders seek to trade a stock pair as it moves backwards from the general trend.

A counter trend trading strategy is utilized to penetrate a market that could be moving in another direction or to book a profit from the normal reversal that happens over a period of time. In order to leverage market price actions, an efficient trader uses trend-based strategies if the market is progressing in particular trend. Countertrend strategies are developed to benefit from the provisional actions compared to the trend and ensure the trader is able to enter the market at an excellent base price at which point the trend normally modifies.

The traditional technical indicators for countertrend trading strategy are moving averages, range indicators (Bollinger Bands), momentum indicators (ADX, MACD or Chaikin Oscillator).

The evidence for a countertrend would occur based on assessing the price in alliance to a range indicator.

Usually, the stock pair upon making a robust move over a long duration in a particular way, would have a reversal. The more robust the transfer in the route of the trend, the more robust would be the reversal. Technically, it is called “Fading the move”. In this scenario, the trader would wait for the forward movement to stop.

It could be determined by the kinds of candlesticks that occur at the point where it stops. A trader would want to identify dojis, long wicks or bullish reversal candle patterns with regards to the level of support that occurs.

Normally, if the stoppage happens, the trader would then initiate measures to “fade” the transfer. In simple terms, they would manage the trade in the other way.

Mostly, the “Fade the Move” strategy is utilized by intrinsic traders for a short period of time after an information broadcast robustly shifts a stock pair in a particular way. The expectation is that, once the early increase in the price happens, the reversal would take place and then the trader could “fade the move”.

It must be understood that whenever a trader is trading in counter to the existing trend, based on an extended or smaller term chart, a trader is getting exposed to more risk. According to experts, there is no link between the robustness of the transfer and the quantity of the reversal. This is a critical factor if the trader is trading in counter to the trend, the fundamental forward moving trend could possibly come back at any point.

If a trader was using the counter trading strategy during a downturn, the trader would look for the pair to stop in the transition to the downturn and then the trader would “Fade the Move” by purchasing the pair.

Employ Trading Strategies That Get Results

Strategise, Analyse and Diarise

Successful expert traders do three things that newcomers often overlook. These steps include planning trading strategies, tracking and analysing trades, and following the markets.

Choose a Trading Method

Failing to plan one’s steps could result in overall failure. Traders that have become a success make sure they put great trading strategies into play and stick with them no matter what.

• Choose the correct currency pairs

Some pairs are unpredictable, and move often throughout each day whiles some are steady and move slower. Evaluating risk and deciding which pairs are best suited to individual trading strategies is important.

• Decide the length of time a position will be held

Choose from minutes, hours or days when deciding on how long the position should be held. Many don’t realise that having open positions past 5:00 pm EST will sometimes bring rollover charges.

• Set targets

Before taking a position plan an exit. Upon winning, what rate will be cashed out? If the spot Is losing, where will losses be cut? Be sure to set limits!

Follow the Forex Market Closely

By using provided Forex charts as well as market analysis to check market information and technical levels that might affect positions, one is using crucial trading strategies that will make a difference in their overall success.

• Use Forex Charts

Charts are a tool that easily improves returns. Get back the money spent on the charting from a single, well-placed trade when analysing these expert charts. It’s important for anyone to realise that Forex trading is high risk when it comes to loss. There’s no guarantee that an investment will be successful, or even saved completely.

• Check the Market Analysis

The XE Market Analysis gives traders the latest news on currencies and provides an in-depth analysis of the current state of the currency market. It also gives an idea of where it’s headed and why it is headed there. Details of all to include market commentary as well as trading strategies can be obtained from expert traders in the Forex world.

Keep a Journal

Avoid making the same mistakes when keeping track of trades that were successful and why. This helps most when it includes:

• The date and time position was taken.
• The existing rate at the time.
• The reason position was taken.
• Any implemented strategies.
• Date and time of exit and the rate achieved.
• Any profit or loss associated with the position.
• Why the position was exited.
• What strategy was used.

Once the trader learns how to spot patterns in successful trading then they can continue to do so with ease. It’s important for anyone to always be in the know about the risks associated with trading foreign exchange. Many find that this is not the investment that works for them, they find the great leverage can work for them, but also against them.

By carefully taking into account objectives, experience and willingness to take risk one can assess whether or not Forex trading is for them. By knowing that the possibility exists, one can determine whether or not they should invest their money. If they can’t afford a loss, it’s not advisable. Seeking advice and guidance from an investment professional is always a smart move when in doubt. They can help an investor navigate through Forex and teach them even more strategies for success.