5 Retirement Investments to Consider

It’s never too early to start saving for your retirement. The earlier you start, the less you have to take out of your weekly paycheck; and the more you will have when you are older.  But, where should you begin?

retirement investment

Employer-Sponsored 401K Accounts

Just about every company offers a 401K account these days.  This is an excellent way to save for your retirement years.  By having a certain amount deducted from your weekly paycheck, you are not tempted to spend that money on anything else. Plus, if your company matches contributions, you an save even faster.


Stocks, or equities as they are otherwise known, are a way to buy into ownership of a specific company.  The number of shares you own, compared to the number of shares available determines how much equity you have in the company.  Owning just a few shares won’t get you much (if any) say in how the day-to-day operations are handled, but it will enable you to make a bit of a profit should share prices soar.  Stocks are usually best handled as a long term investment, and can actually be quite risky when purchased as a short-term investment.


Basically an IOU from a company or government (which can be local, state or federal), bonds have always been a relatively safe way to invest.  Issued as a way for government’s officials and corporations to raise money quickly for large-scale projects or expansions, they come with a guarantee that the purchaser will get back their initial investment, with a set amount of interest at a specific date.  Although they generally do not allow the purchaser to make the same fantastic gains as stocks do, they do offer a safe way to make some decent profits over a long period of time.

Mutual Funds

Becoming more a more popular, mutual funds are a way to expand or diversify your investment portfolio, thus making the most profit for the least amount of risk, by pooling your money with other investors in order to purchase higher yield stocks, bonds and cash equivalents. The rationale with this type of investment is that if one fund does poorly, another will negate the loss.

Certificates of Deposit (CD’s)

Certificates of Deposit are very safe, allowing investors to make a set amount of interest (usually higher than a standard savings account), for a relatively short period of investment time (usually several months to several years), and minimum deposits of $500 to $2,000.  Insured by the FDIC for up to $100,000, there is virtually no risk in this type of investment, although there are high penalties for early withdrawal.

How to Negotiate a Loan Modification

It can be hard to ask your mortgage to modify your loan terms. While it may seem at times as if your lender is playing hardball (and they probably are) remember, they are doing you a favor by even considering a change. No one (not even the federal government) can make them modify your personal loan, so it is in your best interest to negotiate nicely.

That doesn’t mean that you can’t work out a new payment plan.  You just have to learn a few negotiation tips.


Be Proactive

loan modification

Ask for a flexi loan modification before your home enters the foreclosure process. This saves the lender thousands of dollars in lost revenue and fees; making them more likely to negotiate new terms.

Avoid Confrontation

Instead of fighting your fast cash loan lender throughout the negotiation process, enter into it with the mindset that the two of you are working together to find a win-win solution to your problem.

Control Yourself

Facing your financial situation can be emotional.  Don’t let your pride, your sorrow or even your frustration get in the way.  Keep your emotions in check with every bank representative you speak with.

Put yourself in your personal loan lender’s shoes

Think like a lending company and you just might be able to negotiate a better outcome.  Convince them that their investment is sound; with some adjustments, of course.

Do What It Takes to Make Your Modification Happen

Don’t be afraid to ask your lender what you need to do to get your Singapore payday loan modified; than be willing to do it!  If that means selling your car or giving up your cell phone, than by all means agree!

Some questions you might ask your lender include:

  • What can I do to make this modification work?
  • Do you have any concerns about my request you’d like me to address?
  • What can we do together to complete this modification?


Be Clear

Now is not the time to beat around the bush.  If you want your interest rate lowered to 5%, say so.  If you need a payment under $1,200 a month; tell them!  If there was ever a time to know exactly what you need and communicate it, this is it!


Offer Several Options

Sure, you may want a 2% interest rate, but if you let your lender know you’ll take a 4.9% interest rate; or a term extension as long as your payments are less than $1,500, you’re more likely to get what you want.  Show your lender that you’ve done your homework and know what you want and need by offering them several solutions. A few things you could ask for include:

  • Freezing your current interest rate
  • Lowering your interest rate
  • Increasing the loan term
  • Penalty forgiveness
  • Forgiveness of a portion of the principle of the loan


By following these basic tips, you’ll be in a much better position to negotiate the new loan you both want – and need.

Why Do So Many New Businesses Fail?

Just because you have a great idea for a new business, doesn’t mean that you have the skills necessary to actually make it a success!  Failing to acknowledge that you aren’t equipped with the knowledge, or the skills to do everything yourself, may mean closing up shop before your new venture ever had a chance.  Some of the main mistakes failing business owners make every day include:

 Businesses Fail

Poor Planning

A good business plan is an essential tool to ensuring success.  Every stage of a business’s growth needs a new and different approach.  What works for a start-up will not work for an established business.   Assess your business every few months, taking note of successes and failures in all departments.  

Poor Management Skills

Every successful business needs a strong leader with the vision to see what it can become, and the know-how to get it there.   


Poor Marketing

Marketing isn’t just about advertising.  It’s about finding unique ways to get your customers to view your product or service as a necessity in their life.  Without that, sales will be weak, and success out of reach.


Poor Sales Techniques

Not every entrepreneur is a good salesperson.  But no business can survive without one.  Whether you’re trying to sell a product, or a service, convincing the buying public that only your company can offer them what they want and need is essential to success.  


Poor Financial Management

One of the top reasons why new businesses fail is a lack of sustaining funds and poor financial planning and management.  Be sure to set aside more than enough funds to get through the first 12-18 months of business (including salaries, rents, utilities, inventory, etc), before ever opening the doors in the first place.  


Not Acknowledging When You Need Help

 While it’s important to do as much as you can yourself in the first few years, it’s equally as important to recognize when you lack the skill sets to do it yourself, and to find someone who can. 


Starting a business from the ground up takes perseverance, knowledge, and a lot of hard work.  The odds of success may be slim, but if you follow these simple rules, you just might have a chance.

Singapore: A Wealth of Unknown Opportunity

Singapore has always been a hub of airport activity. Business traffic flows in an out of the city daily, but if you take the time to look beyond the climbing skyscrapers and crowded airlines you will be pleased to find a flourishing locale that is perfect for your next getaway. Singapore is no longer just a stopover city. It is now a city begging for your time and attention because it is full of everything you could want in a dream destination.


Hotels are nothing less than luxury. With the business world being the city’s building block toward success, overnight accommodations were designed for comfort and to impress the professionals passing through. This benefit now falls onto tourists staying in Singapore and allows guests to enjoy their trip even while sleeping.

Shopping is world class and cultural. You can enjoy a day in some of the world’s finest boutiques, shopping for the best of everything from shoes to jewelry to clothes to electronics. Or you can also spend the day scouring the streets for local favorites and custom pieces that will immerse you in the local community. Do both and you can leave with high fashion alongside handmade.

Also add local cuisine to the day’s agenda to further fall in love with this city. You will find everything you could want on the Singapore menu every day. The cultural background in Singapore is varied and diverse which gives its food the same wide-ranging flavor. You will find dishes from all over the Asian world here which gives you a unique opportunity to try new tastes that you might not find anywhere else. You can dine in world class eateries with professional chefs on hand or you can seek out a local market for true Singaporean magic on your plate.

Guide To Getting Things Done As A Leader

What Makes a Good Business Leader?

If there is one thing that will virtually guarantee your success in life and in business, it is developing a keen sense of leadership.  Those who have the skill and authority to become good leaders are always at the forefront of every new venture.

So, what makes someone a great leader?  According to popular research, great leaders requires:

A Vision

Do you have a vision for yourself … your future … your company?  Great leaders are never followers. They don’t just do what others tell them; they tell others what to do. 


A good leader knows what needs to get done and does whatever is necessary to accomplish the task!  


It isn’t always easy to get people to do your bidding. Sometimes it takes a gentle hand; and other times it requires a hard-nosed approach.  Good leaders are able to figure out what their underlings need to get motivated and reach their own potential.


Who wants to follow someone they can’t trust?  Be sure to develop trust in your relationships if you ever hope to get people on board with your ideas and follow you.


Leading is not always about barking orders and making people do your bidding.  Sometimes it requires the gentle art of persuasion. 


Are you willing to change or is your way the only way?  When you are open to change you are available for others to take a risk and offer their ideas and suggestions. Whether you want to risk putting up a new business with help of business loans or personal loans in Singapore from trusted licensed money lending company.

trusted licensed moneylender Singapore


A good leader must be able to look at a problem from all sides and develop a plan that works for everyone – not just themselves.


Effective leadership requires respect: respect for you and your respect for others and their ideas.  When respect is lost (from either side) you become ineffective and can not lead any group.


To be a strong leader, you must learn to step beyond yourself and tap into the many skill sets at your disposal.  By learning how to turn individual workers into a team that can work together to accomplish a larger goal, you will showcase your leadership abilities and propel your business forward toward success.