December 2015 6
Winning lottery payments can be a life-changing experience for anyone, but for an African migrant struggling to get by in a foreign country it must be more like a godsend. Every year the Spanish lottery holds their annual Christmas lottery, or El Gordo, drawing. This year the winners included 35 African migrants, according to ABCnews.com.
One of those African migrants was Ngame, a Senegalese man who declined to provide his last name to reporters. Ngame was actually rescued by members of Spain’s cost guard in 2007 when they came across their boat carrying about 65 migrants traveling from Africa’s western coast toward Spain’s Canary Islands.
Ngame was in tears outside of the lottery office as he waited to coll (more…)
A structured settlement is a legal agreement where an amount of money is paid out as a monthly or yearly payment, rather than receiving the amount in a lump sum. Very often a structured settlement has certain tax advantages for the recipient. It also is a savings for the payer because they do not have to disperse all of the funds at once. The structured settlement concept became popular sometime during the 1950s and 1960s.
While many people take a structured settlement as a way to extend the winnings that they may receive in a lottery or as a settlement in a lawsuit, many of these same people regret their decision. As monthly bills grow and compound into large amounts of debt, it often seems foolish to have a large amount of money that can not be accessed. In fact, a recent American International Grou (more…)
Despite the best-laid plans, life changes quickl. Increases in the cost of living leaves many adult couples struggling to make ends meet. Many are seeing increases in loans and credit amounts. The average adult owes over $3,000 in revolving credit to lenders, the average home has approximately 13 payment cards, and the average amount of auto loans has seen an increase from around $866 billion to almost $944 billion from 2014 to 2015. With the increase in credit, interest and loans many adults find themselves looking to get cash from structured settlement payments. Getting cash from these payments is smart if chosen for the right reason.
How Important Is It To Get Cash For Structured Settlement Payments
The first question to ask yourself is how important it is that you g (more…)
Years ago the business world was predominantly run by monopoly companies, blocking out any potential opponents. However, after seeing the advantages that competition can have, such as lower prices and newer, better products, modern mom and pop shops are making a comeback in the form of larger companies.
One of the challenges of starting one of these businesses is finding the funds to do so. Between hiring employees, renting property, and covering early production costs, companies need capital to expand even before they can receive any sales. In order to gain these finances, companies can conduct initial public offerings (IPO) to sell a portion of the organization to investors.
These initial public offer (more…)
Are you someone who is concerned about your financial health? If so, you are not alone. Thousands of people just like you are worried about how to make sure they are financially secure in the future. The good news is that there are so many options available to you that will increase your financial literacy [...]
U.S. companies operating north of the border are attracted by the availability of a skilled labor force. However they quickly discover that Canadian laws and taxes are very different from what they’re used to and that the penalties for making mistakes can be expensive. Payroll service providers can make the transition much easier, offering compete [...]
Who is the ideal buyer to sell my business to? This very first question is the most important part of parting with your brand and moving on, as it determines whether or not you’ll get the amount you deserve. Business acquisitions can be a tricky field to navigate for the uninitiated. There’s just so much [...]
- Stock Analysts' Biases Are Showing, a Study Finds
Male stock analysts tend to write more favorably about public companies headed by men than about com [...]
- The Pros and Cons of Moving Closer to Your Children
Retirement expert Glenn Ruffenach answers questions on moving closer to your children and about livi [...]
- And the No. 1 Stock-Fund Manager This Time Is…Shhhh
Towle Deep Value soars 48.55% but shoos away investors. [...]
- The Anti-Bitcoin ETF
Currency funds like WisdomTree Bloomberg U.S. Dollar Bullish Fund provide a contrast to proposed—a [...]
- Investors Check In to This ETF, but Don't Want to Leave
BlackRock’s iShares Core MSCI Emerging Markets ETF has never had a day of net redemptions. [...]